Skyward Specialty Insurance (SKWD)

• Market cap: $2.05B
• 1 day: 2.20%
• 5 days: -3.02%
• 1 month: -0.84%
• 3 months: 26.30%
• 6 months: 45.09%
• Year to date: 51.29%
• 1 year: 51.70%
• 5 years: 167.02%
• 10 years: 167.02%
• Sector: Financials
• Industry: Fire, Marine & Casualty Insurance

About: Skyward Specialty Insurance Group Inc is a specialty insurance company that delivers commercial property and casualty products and solutions on a non-admitted and admitted basis. The firm has one reportable segment through which it offers a broad array of insurance coverages to several market niches. It operates multiple lines of business, including general liability, excess liability, professional liability, commercial auto, group accident, health, property, surety, and workers' compensation.

Employees: 515

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

8,979% more call options, than puts

Call options by funds: $2.18M | Put options by funds: $24K

156% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 16

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

19% more repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 58

16% more capital invested

Capital invested by funds: $1.28B [Q2] → $1.48B (+$200M) [Q3]

15% more funds holding

Funds holding: 166 [Q2] → 191 (+25) [Q3]

1.84% more ownership

Funds ownership: 88.74% [Q2] → 90.57% (+1.84%) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $45 12% downside
• Avg. target: $51 1% downside
• High target: $55 8% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Raymond James C. Gregory Peters 92% 1-year accuracy 36 / 39 met price target	8% upside $55	Strong Buy Maintained	5 Nov 2024
JMP Securities Matthew Carletti 72% 1-year accuracy 46 / 64 met price target	4% upside $53	Market Outperform Maintained	30 Oct 2024
Barclays Alex Scott 56% 1-year accuracy 32 / 57 met price target	12% downside $45	Equal-Weight Maintained	30 Oct 2024
Jefferies	4% downside $49	Buy Maintained	9 Oct 2024