TWFG
TWFG, Inc. Common StockTWFG
TWFG
About: TWFG Inc is a independent distribution platform for personal and commercial insurance in the United States. It offers all lines of insurance, multiple distribution contract options, M&A services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate.
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
81.6% more ownership
Funds ownership: 0% [Q2] → 81.6% (+81.6%) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$33
13%
upside
Avg. target
$36
23%
upside
High target
$38
30%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Keefe, Bruyette & Woods Tommy McJoynt 60% 1-year accuracy 3 / 5 met price target | 13%upside $33 | Market Perform Maintained | 4 Dec 2024 |
RBC Capital Scott Heleniak 76% 1-year accuracy 41 / 54 met price target | 30%upside $38 | Outperform Maintained | 14 Nov 2024 |
Piper Sandler Paul Newsome 78% 1-year accuracy 35 / 45 met price target | 27%upside $37 | Overweight Maintained | 11 Nov 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
TWFG Announces Third Quarter 2024 Results
– Completed IPO in July 2024, raising $192.9 million in net proceeds through the issuance of 12,650,000 shares of Class A common stock at $17.00 per share – – Total Written Premium increased 13.0% over the prior year period to $400.1 million – – Total Revenue increased 14.5% over the prior year period to $54.6 million – – Organic Revenue Growth Rate* of 7.6% – – Net Income of $6.9 million – – Diluted Earnings Per Share and Adjusted Diluted Earnings Per Share* of $0.08 and $0.15 , respectively – – Adjusted EBITDA* increased 29.7% over the prior year period to $11.7 million –
Neutral
PRNewsWire
1 month ago
TWFG Inc. to Report Third Quarter 2024 Results
THE WOODLANDS, Texas , Oct. 28, 2024 /PRNewswire/ -- TWFG Inc. ("TWFG" or the "Company") (NASDAQ: TWFG), announced today that it will report its third quarter 2024 financial and operating results after the market close on Tuesday, November 12, 2024. The Company will hold a conference call to discuss the results at 9am ET on Wednesday, November 13.
Neutral
PRNewsWire
3 months ago
TWFG Announces Second Quarter 2024 Results
– Total Written Premium increased 20.3% over the prior year period to $393.6 million – – Total Revenue increased 17.4% over the prior year period to $53.3 million – – Organic Revenue Growth Rate* of 13.8% – – Net Income of $6.9 million – – Adjusted Net Income* increased 18.1% over the prior year period to $9.8 million – – Adjusted EBITDA* increased 25.8% over the prior year period to $10.8 million – – Completed Initial Public Offering in July 2024 – THE WOODLANDS, Texas , Aug. 27, 2024 /PRNewswire/ -- TWFG, Inc. ("TWFG" or the "Company") (NASDAQ: TWFG), a high-growth insurance distribution company, today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total Written Premium for the quarter increased 20.3% to $393.6 million, compared to $327.2 million in the same period in the prior year Total revenues for the quarter increased 17.4% to $53.3 million, compared to $45.4 million in the same period in the prior year Organic Revenue Growth Rate* for the quarter was 13.8% Net income for the quarter was $6.9 million, compared to $7.1 million in the same period in the prior year Adjusted Net Income* for the quarter increased 18.1% over the prior year period to $9.8 million, and Adjusted Net Income Margin* for the quarter was 18.4% Adjusted EBITDA* for the quarter increased 25.8% over the prior year period to $10.8 million, and Adjusted EBITDA Margin* for the quarter was 20.2% Cash flow from operating activities for the quarter was $7.4 million, compared to $6.9 million in the same period in the prior year Adjusted Free Cash Flow* for the quarter was $3.7 million, compared to $1.9 million in the same period in the prior year *Organic Revenue Growth Rate, Adjusted Net Income, Adjusted Net Income Margin, Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Free Cash Flow are non-GAAP measures.
Neutral
PRNewsWire
4 months ago
TWFG Inc. to Report Second Quarter 2024 Results
THE WOODLANDS, Texas , Aug. 21, 2024 /PRNewswire/ -- TWFG Inc. ("TWFG" or the "Company") (NASDAQ: TWFG), announced today that it will report its second quarter 2024 financial and operating results after the market close on Tuesday, Aug 27, 2024. The Company will hold a conference call to discuss the results at 9am ET on August 28th.
Positive
Seeking Alpha
5 months ago
U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week
A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar - Chile-based LATAM Airlines Group. Six IPOs are scheduled to list in the week ahead and are set to raise a combined $5.1 billion, the most for any week so far this year. One SPAC is also set to debut.
Neutral
PRNewsWire
5 months ago
TWFG Insurance Announces Closing of its Initial Public Offering
THE WOODLANDS, Texas , July 19, 2024 /PRNewswire/ -- TWFG, Inc. ("TWFG") today announced the closing of its initial public offering of 11,000,000 shares of its Class A common stock at a price to the public of $17.00 per share, before underwriting discounts and commissions, for gross proceeds of $187.0 million. Additionally, TWFG has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
Positive
Investopedia
5 months ago
TWFG Insurance Shares Jump on IPO Day
TWFG Insurance (TWFG) shares jumped some 30% from their IPO price in the company's first day trading on the Nasdaq Global Select Market.
Positive
Schwab Network
5 months ago
TWFG CEO on Company's Debut
Fresh off of the company's IPO, CEO & Co-Founder Richard F. "Gordy" Bunch III joins Market on Close from the Nasdaq MarketSite.
Positive
Reuters
5 months ago
Insurance broker TWFG's shares rise nearly 30% in market debut
Insurance broker TWFG's shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks as the U.S. initial public offering market aims for a recovery.
Positive
Market Watch
5 months ago
TWFG Insurance's stock indicated to open 26% above IPO price in trading debut
The stock of TWFG Insurance Inc. TWFG, +27.24% was indicated to open at $21.50 in its trading debut Thursday, or 26% above the company's initial public offering price of $17. That price was above the company's proposed price range of $14 to $16.
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