Should I buy or sell Skyward Specialty Insurance Group stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyward Specialty Insurance Group in the last twelve months. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SKWD shares. View SKWD analyst ratings or view top-rated stocks .

What is Skyward Specialty Insurance Group's stock price target for 2024?

8 analysts have issued 1 year target prices for Skyward Specialty Insurance Group's stock. Their SKWD share price targets range from $27.00 to $46.00. On average, they anticipate the company's stock price to reach $39.89 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View analysts price targets for SKWD or view top-rated stocks among Wall Street analysts .

How have SKWD shares performed in 2024?

Skyward Specialty Insurance Group's stock was trading at $33.88 at the start of the year. Since then, SKWD shares have increased by 6.7% and is now trading at $36.15. View the best growth stocks for 2024 here .

When is Skyward Specialty Insurance Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our SKWD earnings forecast .

How can I listen to Skyward Specialty Insurance Group's earnings call?

Skyward Specialty Insurance Group will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Skyward Specialty Insurance Group's earnings last quarter?

Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) issued its quarterly earnings results on Tuesday, February, 20th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.05. The company had revenue of $321.60 million for the quarter, compared to the consensus estimate of $320.34 million. Skyward Specialty Insurance Group had a trailing twelve-month return on equity of 14.31% and a net margin of 9.56%. The firm's quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.36 EPS.

What ETFs hold Skyward Specialty Insurance Group's stock?

ETFs with the largest weight of Skyward Specialty Insurance Group (NASDAQ:SKWD) stock in their portfolio include Innovator IBD Breakout Opportunities ETF (BOUT) . iShares Micro-Cap ETF (IWC) .

When did Skyward Specialty Insurance Group IPO?

Skyward Specialty Insurance Group (SKWD) raised $134 million in an initial public offering (IPO) on Friday, January 13th 2023. The company issued 8,952,383 shares at $14.00-$16.00 per share.

Who are Skyward Specialty Insurance Group's major shareholders?

Skyward Specialty Insurance Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.16%), Wasatch Advisors LP (0.69%) and Diversified Trust Co (0.03%). Insiders that own company stock include Andrew S Robinson, Anthony J Kuczinski, Corp Westaim, James Charles Hays and Mark W Haushill. View institutional ownership trends .

How do I buy shares of Skyward Specialty Insurance Group?

Shares of SKWD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SKWD

Skyward Specialty Insurance Group (SKWD) Stock Price, News & Analysis

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Free SKWD Stock Alerts

$36.24

+0.98 (+2.78%)

(As of 05:21 PM ET)

Compare

Today's Range: $35.15
▼
$36.39
50-Day Range: $30.95
▼
$38.25
52-Week Range: $20.81
▼
$38.64

Volume: 254,780 shs
Average Volume: 310,166 shs
Market Capitalization: $1.45 billion

P/E Ratio: 16.18
Dividend Yield: N/A
Price Target: $39.89

Get Skyward Specialty Insurance Group alerts:

Skyward Specialty Insurance Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 10.3% Upside
$39.89 Price Target
Short Interest: Bearish
4.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.84
Based on 6 Articles This Week
Insider Trading: Selling Shares
$3.53 M Sold Last Quarter
Proj. Earnings Growth: 12.12%
From $2.64 to $2.96 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.52 out of 5 stars

Finance Sector

454th out of 844 stocks

Fire, Marine, & Casualty Insurance Industry

33rd out of 51 stocks

3.5

Analyst's Opinion

Consensus Rating
Skyward Specialty Insurance Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Skyward Specialty Insurance Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
4.82% of the float of Skyward Specialty Insurance Group has been sold short.
Short Interest Ratio / Days to Cover
Skyward Specialty Insurance Group has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Skyward Specialty Insurance Group has recently increased by 16.52%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Skyward Specialty Insurance Group does not currently pay a dividend.
Dividend Growth
Skyward Specialty Insurance Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SKWD.

3.2

News and Social Media Coverage

News Sentiment
Skyward Specialty Insurance Group has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Skyward Specialty Insurance Group this week, compared to 2 articles on an average week.
Search Interest
7 people have searched for SKWD on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Skyward Specialty Insurance Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skyward Specialty Insurance Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,533,839.00 in company stock.
Percentage Held by Insiders
Only 8.01% of the stock of Skyward Specialty Insurance Group is held by insiders.
Percentage Held by Institutions
94.83% of the stock of Skyward Specialty Insurance Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Skyward Specialty Insurance Group are expected to grow by 12.12% in the coming year, from $2.64 to $2.96 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Skyward Specialty Insurance Group is 16.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skyward Specialty Insurance Group is 16.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.24.
Price to Book Value per Share Ratio
Skyward Specialty Insurance Group has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Skyward Specialty Insurance Group Stock (NASDAQ:SKWD)

Skyward Specialty Insurance Group, Inc., an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products. The company was incorporated in 2006 and is headquartered in Houston, Texas.

SKWD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SKWD Stock News Headlines

April 18, 2024 | tmcnet.com

James Lawrence Joins Alliant Insurance Services as Executive Vice President, Construction Services Group

April 16, 2024 | americanbankingnews.com

Skyward Specialty Insurance Group (NASDAQ:SKWD) Given New $42.00 Price Target at JMP Securities

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 11, 2024 | americanbankingnews.com

Keefe, Bruyette & Woods Boosts Skyward Specialty Insurance Group (NASDAQ:SKWD) Price Target to $44.00

April 11, 2024 | americanbankingnews.com

Head-To-Head Analysis: Skyward Specialty Insurance Group (NASDAQ:SKWD) and Lemonade (NYSE:LMND)

April 8, 2024 | globenewswire.com

Skyward Specialty to Host First Quarter 2024 Earnings Call Thursday, May 2, 2024

March 26, 2024 | globenewswire.com

Skyward Specialty and New Heights Partner to Broaden Crane and Rigging Products, Offerings

March 9, 2024 | finance.yahoo.com

Chairman & CEO Andrew Robinson Sells Shares of Skyward Specialty Insurance Group Inc (SKWD)

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 7, 2024 | globenewswire.com

Skyward Specialty Recognizes Key Business Leaders in Wake of Continued Top-Tier Performance

March 7, 2024 | globenewswire.com

Skyward Specialty Recognizes Key Business Leaders in Wake of Continued Top-Tier Performance

March 1, 2024 | finance.yahoo.com

EVP & CFO Mark Haushill Sells 20,000 Shares of Skyward Specialty Insurance Group Inc (SKWD)

February 28, 2024 | finance.yahoo.com

EVP & CFO Mark Haushill Sells 105,000 Shares of Skyward Specialty Insurance Group Inc (SKWD)

February 26, 2024 | morningstar.com

Skyward Specialty Insurance Group Inc SKWD

February 25, 2024 | msn.com

Skyward Specialty Insurance Group (SKWD) Price Target Increased by 5.57% to 41.06

February 23, 2024 | markets.businessinsider.com

Evaluating Skyward Specialty: Insights From 7 Financial Analysts

February 22, 2024 | finance.yahoo.com

Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) Q4 2023 Earnings Call Transcript

February 21, 2024 | finance.yahoo.com

Skyward (SKWD) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

February 20, 2024 | sfgate.com

Skyward: Q4 Earnings Snapshot

February 20, 2024 | finance.yahoo.com

Skyward Specialty Insurance Group Reports Fourth Quarter 2023 Results

February 20, 2024 | finance.yahoo.com

Skyward Specialty Insurance Group Inc (SKWD) Reports Strong Q4 and Full-Year 2023 Financial Results

February 20, 2024 | globenewswire.com

Skyward Specialty Insurance Group Reports Fourth Quarter 2023 Results

January 31, 2024 | finance.yahoo.com

Skyward Specialty to Host Fourth-Quarter 2023 Earnings Call Wednesday, February 21, 2024

January 17, 2024 | finance.yahoo.com

Skyward Specialty Enters Media Liability With Addition of New Team

January 11, 2024 | markets.businessinsider.com

In-Depth Examination Of 6 Analyst Recommendations For Skyward Specialty

January 3, 2024 | finance.yahoo.com

Skyward Specialty chooses Milliman Datalytics-Defense for its AI-enabled legal spend insights

December 19, 2023 | morningstar.com

Skyward Specialty Insurance Group Inc

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Fire, marine, & casualty insurance
Sub-Industry: N/A
Current Symbol: NASDAQ:SKWD
CUSIP: N/A
CIK: 1519449
Web: www.skywardinsurance.com
Phone: 713-935-4800
Fax: N/A
Employees: 448
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $39.89
High Stock Price Target: $46.00
Low Stock Price Target: $27.00
Potential Upside/Downside: +10.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.24
Trailing P/E Ratio: 16.09
Forward P/E Ratio: 13.65
P/E Growth: N/A
Net Income: $85.98 million
Net Margins: 9.56%
Pretax Margin: 12.43%
Return on Equity: 14.31%
Return on Assets: 2.84%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.41
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: $885.97 million
Price / Sales: 1.63
Cash Flow: $2.34 per share
Price / Cash Flow: 15.41
Book Value: $17.54 per share
Price / Book: 2.05

Miscellaneous

Outstanding Shares: 39,990,000
Free Float: 36,791,000
Market Cap: $1.44 billion
Optionable: Optionable
Beta: 0.45

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Key Executives

Mr. Andrew Scott Robinson (Age 58)
CEO & Chairperson of the Board
Comp: $1.86M
Mr. Stephen Lyndon Way (Age 75)
Founder
Comp: $4.57M
Mr. Mark William Haushill CPA (Age 62)
Executive VP & CFO
Comp: $665.25k
Mr. Kirby Allen Hill (Age 59)
Executive VP and President of Industry Solutions, Captives & Programs
Comp: $600.25k
Mr. John Ambrose Burkhart (Age 54)
Executive VP & President of Specialty Lines
Comp: $705.25k
Mr. Daniel Paul K. Bodnar (Age 57)
Chief Information & Technology Officer
Mr. Thomas N. Schmitt (Age 64)
Chief People & Administrative Officer
Natalie Schoolcraft
Head of Investor Relations
Ms. Leslie Kay Shaunty (Age 55)
General Counsel & Secretary
Mr. Lyndon Byron Way (Age 49)
CEO of Accident & Health Division

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SKWD Stock Analysis - Frequently Asked Questions

Should I buy or sell Skyward Specialty Insurance Group stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skyward Specialty Insurance Group in the last twelve months. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SKWD shares.
View SKWD analyst ratings or view top-rated stocks.
What is Skyward Specialty Insurance Group's stock price target for 2024?: 8 analysts have issued 1 year target prices for Skyward Specialty Insurance Group's stock. Their SKWD share price targets range from $27.00 to $46.00. On average, they anticipate the company's stock price to reach $39.89 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price.
View analysts price targets for SKWD or view top-rated stocks among Wall Street analysts.
How have SKWD shares performed in 2024?: Skyward Specialty Insurance Group's stock was trading at $33.88 at the start of the year. Since then, SKWD shares have increased by 6.7% and is now trading at $36.15.
View the best growth stocks for 2024 here.
When is Skyward Specialty Insurance Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SKWD earnings forecast.
How can I listen to Skyward Specialty Insurance Group's earnings call?: Skyward Specialty Insurance Group will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Skyward Specialty Insurance Group's earnings last quarter?: Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) issued its quarterly earnings results on Tuesday, February, 20th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.05. The company had revenue of $321.60 million for the quarter, compared to the consensus estimate of $320.34 million. Skyward Specialty Insurance Group had a trailing twelve-month return on equity of 14.31% and a net margin of 9.56%. The firm's quarterly revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.36 EPS.

What ETFs hold Skyward Specialty Insurance Group's stock?: ETFs with the largest weight of Skyward Specialty Insurance Group (NASDAQ:SKWD) stock in their portfolio include Innovator IBD Breakout Opportunities ETF (BOUT).iShares Micro-Cap ETF (IWC).
When did Skyward Specialty Insurance Group IPO?: Skyward Specialty Insurance Group (SKWD) raised $134 million in an initial public offering (IPO) on Friday, January 13th 2023. The company issued 8,952,383 shares at $14.00-$16.00 per share.
Who are Skyward Specialty Insurance Group's major shareholders?: Skyward Specialty Insurance Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.16%), Wasatch Advisors LP (0.69%) and Diversified Trust Co (0.03%). Insiders that own company stock include Andrew S Robinson, Anthony J Kuczinski, Corp Westaim, James Charles Hays and Mark W Haushill.
View institutional ownership trends.
How do I buy shares of Skyward Specialty Insurance Group?: Shares of SKWD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SKWD) was last updated on 4/19/2024 by MarketBeat.com Staff

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Skyward Specialty Insurance Group (SKWD) Stock Price, News & Analysis

Skyward Specialty Insurance Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Skyward Specialty Insurance Group Stock (NASDAQ:SKWD)

SKWD Stock Price History

SKWD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SKWD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™