TWFG (NASDAQ:TWFG) Price Target Raised to $31.00

TWFG (NASDAQ:TWFG) had its price objective lifted by JPMorgan Chase & Co. from $30.00 to $31.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other research analysts have also recently commented on TWFG. Piper Sandler cut their price target on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating on the stock in a report on Thursday, August 14th. UBS Group dropped their target price on shares of TWFG from $42.00 to $39.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of TWFG in a research report on Wednesday, October 8th. Finally, Morgan Stanley boosted their price target on TWFG from $30.00 to $31.00 and gave the company an “equal weight” rating in a report on Monday. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $32.83.

TWFG Trading Down 1.9%

Shares of NASDAQ TWFG opened at $27.95 on Monday. TWFG has a fifty-two week low of $23.52 and a fifty-two week high of $36.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 101.35 and a current ratio of 101.35. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 63.52 and a beta of 0.25. The business’s 50 day moving average price is $26.10 and its 200-day moving average price is $29.86.

TWFG (NASDAQ:TWFG) last posted its quarterly earnings data on Wednesday, November 12th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. TWFG had a return on equity of 8.74% and a net margin of 2.87%.The company had revenue of $64.12 million during the quarter, compared to analysts’ expectations of $64.15 million. TWFG has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that TWFG will post 0.57 earnings per share for the current year.

Institutional Investors Weigh In On TWFG

Several large investors have recently modified their holdings of TWFG. T. Rowe Price Investment Management Inc. boosted its stake in shares of TWFG by 28.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company’s stock valued at $61,470,000 after purchasing an additional 434,997 shares in the last quarter. Alliancebernstein L.P. raised its stake in TWFG by 15.7% in the first quarter. Alliancebernstein L.P. now owns 1,170,377 shares of the company’s stock worth $36,176,000 after buying an additional 159,155 shares in the last quarter. Bamco Inc. NY lifted its holdings in TWFG by 5.8% during the third quarter. Bamco Inc. NY now owns 954,128 shares of the company’s stock worth $26,181,000 after buying an additional 52,067 shares during the period. Vanguard Group Inc. boosted its position in TWFG by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 639,711 shares of the company’s stock valued at $17,554,000 after acquiring an additional 19,720 shares in the last quarter. Finally, Riverbridge Partners LLC increased its holdings in shares of TWFG by 57.6% in the 3rd quarter. Riverbridge Partners LLC now owns 542,661 shares of the company’s stock valued at $14,891,000 after acquiring an additional 198,394 shares during the period.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.