Skyward Specialty InsuranceSKWD
SKWD
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
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
193% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 14
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
17% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 59
16% more funds holding
Funds holding: 166 [Q2] → 192 (+26) [Q3]
16% more capital invested
Capital invested by funds: $1.29B [Q2] → $1.49B (+$201M) [Q3]
1.91% more ownership
Funds ownership: 88.9% [Q2] → 90.8% (+1.91%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$53
20%
upside
Avg. target
$54
21%
upside
High target
$55
24%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Barclays Alex Scott 56% 1-year accuracy 38 / 68 met price target | 20%upside $53 | Equal-Weight Maintained | 6 Jan 2025 |
Raymond James C. Gregory Peters 90% 1-year accuracy 35 / 39 met price target | 24%upside $55 | Strong Buy Maintained | 5 Nov 2024 |
JMP Securities Matthew Carletti 80% 1-year accuracy 48 / 60 met price target | 20%upside $53 | Market Outperform Maintained | 30 Oct 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
5 days ago
SKWD Stock Trades Below 50-Day SMA: What Should Investors Do Now?
SKWD's focus on high-return areas, prudent pricing, better retention and shifting of the business mix toward more profitable lines makes it poised for growth.
Positive
Zacks Investment Research
3 weeks ago
All You Need to Know About Skyward (SKWD) Rating Upgrade to Buy
Skyward (SKWD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Zacks Investment Research
1 month ago
Skyward Specialty Trading at a Premium: How Should You Play the Stock?
Focus on high-return areas, prudent pricing, better retention and shifting of the business mix toward more profitable lines poise SKWD for growth.
Positive
Seeking Alpha
1 month ago
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hershey, and PepsiCo, emphasizing undervalued opportunities, dividend stability, and strategic growth potential. Analysts also spotlighted strong sell recommendations like BlackRock Science and Technology Trust and Luckin Coffee, citing fundamental flaws and competitive disadvantages.
Neutral
GlobeNewsWire
2 months ago
Skyward Specialty Launches New Life Sciences Liability Insurance Product
HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company's Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences industry.
Positive
Seeking Alpha
2 months ago
Skyward Specialty Shows Solid Growth
Skyward Specialty Insurance Group has shown good financial performance, with increasing gross premiums, investment income, and net income, despite impacts from hurricanes. The combined ratio remains stable and better than the industry average but needs monitoring for future trends. Skyward's balance sheet is conservatively managed, with a focus on high-quality fixed income securities, minimizing investment risk.
Positive
Zacks Investment Research
2 months ago
Skyward Specialty Stock Gains 48% YTD: Time to Buy or Hold?
Improving top line, expanding margins and sufficient financial flexibility continue to drive SKWD.
Positive
Zacks Investment Research
2 months ago
Skyward Specialty Insurance Group, Inc. (SKWD) Soars to 52-Week High, Time to Cash Out?
Skyward (SKWD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
Seeking Alpha
2 months ago
Skyward Specialty Insurance Group, Inc. (SKWD) Q3 2024 Earnings Call Transcript
Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Andrew Robinson - Chairman & CEO Mark Haushill - CFO Natalie Schoolcraft - Head of IR Conference Call Participants Matt Carletti - Citizens JMP Gregory Peters - Raymond James Paul Newsome - Piper Sandler Yaron Kinar - Jefferies Meyer Shields - KBW Mark Hughes - Truist Securities Michael Zaremski - BMO Capital Markets Michael Phillips - Oppenheimer and Co. Alex Scott - Barclays Operator Good day, and thank you for standing by. Welcome to the Q3 2024 Skyward Specialty Earnings Conference Call.
Positive
Zacks Investment Research
2 months ago
SKWD or KNSL: Which Is the Better Value Stock Right Now?
Investors interested in Insurance - Property and Casualty stocks are likely familiar with Skyward Specialty Insurance (SKWD) and Kinsale Capital Group, Inc. (KNSL). But which of these two companies is the best option for those looking for undervalued stocks?
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