TWFG, Inc. (NASDAQ:TWFG) Receives $33.29 Consensus PT from Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG) have received a consensus rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $33.2857.

Several equities analysts have weighed in on TWFG shares. Morgan Stanley dropped their price objective on TWFG from $32.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, October 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of TWFG in a research note on Wednesday, October 8th. Piper Sandler reduced their price objective on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, August 14th. UBS Group decreased their target price on shares of TWFG from $42.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of TWFG from $35.00 to $30.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Nuveen LLC acquired a new stake in TWFG in the first quarter valued at approximately $15,501,000. T. Rowe Price Investment Management Inc. lifted its stake in shares of TWFG by 28.0% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company’s stock valued at $61,470,000 after acquiring an additional 434,997 shares during the last quarter. Riverbridge Partners LLC bought a new stake in TWFG during the 2nd quarter worth $12,049,000. Victory Capital Management Inc. acquired a new position in TWFG in the 1st quarter worth about $6,784,000. Finally, Giverny Capital Inc. acquired a new stake in shares of TWFG during the second quarter valued at about $6,225,000.

TWFG Price Performance

Shares of TWFG stock opened at $26.20 on Friday. The company has a quick ratio of 105.86, a current ratio of 105.86 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 63.90 and a beta of 0.31. TWFG has a twelve month low of $23.52 and a twelve month high of $36.85. The company has a 50-day simple moving average of $26.85 and a two-hundred day simple moving average of $30.89.

TWFG (NASDAQ:TWFG) last announced its earnings results on Monday, March 3rd. The company reported $0.15 EPS for the quarter. The company had revenue of $54.64 million for the quarter. TWFG had a net margin of 2.74% and a return on equity of 7.82%. TWFG has set its Q4 2024 guidance at EPS. FY 2024 guidance at EPS. Analysts forecast that TWFG will post 0.57 EPS for the current year.

About TWFG

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.