Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.01), FiscalAI reports. The firm had revenue of $480.26 million for the quarter, compared to analyst estimates of $480.26 million. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%. The company’s revenue was up 31.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.31 EPS.
Baldwin Insurance Group Stock Performance
NASDAQ:BWIN opened at $32.15 on Tuesday. The firm’s fifty day simple moving average is $31.60 and its 200-day simple moving average is $25.30. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.73. The stock has a market cap of $4.48 billion, a PE ratio of 32.47, a price-to-earnings-growth ratio of 1.04 and a beta of 0.98. Baldwin Insurance Group has a fifty-two week low of $15.88 and a fifty-two week high of $32.71.
Analyst Ratings Changes
BWIN has been the topic of several research analyst reports. TD Cowen lowered Baldwin Insurance Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $37.00 to $32.50 in a research report on Monday, October 12th. William Blair lowered shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a research note on Monday, September 14th. Raymond James Financial lowered shares of Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 23rd. Keefe, Bruyette & Woods cut shares of Baldwin Insurance Group from an “outperform” rating to a “market perform” rating and set a $32.50 price objective on the stock. in a report on Monday, October 12th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baldwin Insurance Group in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $31.20.
Check Out Our Latest Analysis on Baldwin Insurance Group
About Baldwin Insurance Group
The Baldwin Insurance Group, Inc is an insurance brokerage and advisory firm that helps individuals and businesses assess and manage risk. Its services include placing personal and commercial insurance coverage, advising on employee benefits, and providing risk-management support.
The company also serves specialty insurance markets through wholesale brokerage and underwriting-related services, connecting clients and insurance distributors with coverage providers. Its offerings span a range of industries and insurance needs.
Founded in 2011 and headquartered in Tampa, Florida, the company was formerly known as Baldwin Risk Partners before adopting The Baldwin Insurance Group name in 2024.
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