Skyward Specialty Insurance Group (SKWD) Projected to Post Earnings on Thursday

Skyward Specialty Insurance Group (NASDAQ:SKWD) is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect Skyward Specialty Insurance Group to post earnings of $0.78 per share and revenue of $310.94 million for the quarter.

Skyward Specialty Insurance Group (NASDAQ:SKWD) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.03. The company had revenue of $304.40 million during the quarter, compared to the consensus estimate of $295.56 million. Skyward Specialty Insurance Group had a net margin of 12.24% and a return on equity of 16.39%. On average, analysts expect Skyward Specialty Insurance Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Skyward Specialty Insurance Group Stock Performance

Skyward Specialty Insurance Group stock traded down $0.49 during mid-day trading on Tuesday, reaching $52.51. The company’s stock had a trading volume of 16,532 shares, compared to its average volume of 380,808. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 16.01, a price-to-earnings-growth ratio of 0.81 and a beta of 0.63. Skyward Specialty Insurance Group has a 12 month low of $33.42 and a 12 month high of $56.98. The business’s 50 day simple moving average is $51.60 and its 200 day simple moving average is $49.44.

Analyst Ratings Changes

A number of analysts have commented on the stock. Piper Sandler cut their price target on shares of Skyward Specialty Insurance Group from $58.00 to $57.00 and set an “overweight” rating for the company in a research note on Thursday, February 6th. Wolfe Research reiterated a “peer perform” rating on shares of Skyward Specialty Insurance Group in a research note on Friday, February 28th. JMP Securities reiterated a “market outperform” rating and issued a $60.00 price target on shares of Skyward Specialty Insurance Group in a research note on Monday, February 10th. Keefe, Bruyette & Woods decreased their price target on shares of Skyward Specialty Insurance Group from $62.00 to $57.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 9th. Finally, Truist Financial raised their price objective on shares of Skyward Specialty Insurance Group from $54.00 to $61.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Four research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Skyward Specialty Insurance Group has a consensus rating of “Moderate Buy” and a consensus target price of $57.00.

Insider Activity at Skyward Specialty Insurance Group

In related news, insider John A. Burkhart III sold 4,832 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $50.24, for a total value of $242,759.68. Following the completion of the sale, the insider now directly owns 17,655 shares in the company, valued at approximately $886,987.20. The trade was a 21.49 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gena L. Ashe sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $50.62, for a total value of $50,620.00. Following the completion of the sale, the director now owns 734 shares of the company’s stock, valued at approximately $37,155.08. This trade represents a 57.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,132 shares of company stock worth $620,476. Company insiders own 8.01% of the company’s stock.

Skyward Specialty Insurance Group Company Profile

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.