Shares of Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the fourteen ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $64.5455.
Several equities research analysts recently issued reports on the stock. Janney Montgomery Scott began coverage on shares of Skyward Specialty Insurance Group in a research note on Monday, October 6th. They issued a “buy” rating and a $60.00 price objective for the company. Raymond James Financial set a $66.00 price target on Skyward Specialty Insurance Group in a research report on Friday, December 5th. Keefe, Bruyette & Woods increased their price objective on Skyward Specialty Insurance Group from $66.00 to $69.00 and gave the company an “outperform” rating in a report on Tuesday. Piper Sandler boosted their target price on Skyward Specialty Insurance Group from $62.00 to $64.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Finally, Citizens Jmp upped their target price on Skyward Specialty Insurance Group from $75.00 to $80.00 and gave the stock a “market outperform” rating in a research report on Thursday, December 4th.
Read Our Latest Report on SKWD
Skyward Specialty Insurance Group Price Performance
Skyward Specialty Insurance Group (NASDAQ:SKWD – Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.20. The firm had revenue of $382.53 million for the quarter, compared to analyst estimates of $334.54 million. Skyward Specialty Insurance Group had a net margin of 10.57% and a return on equity of 17.30%. During the same quarter last year, the firm earned $0.71 earnings per share. As a group, research analysts expect that Skyward Specialty Insurance Group will post 3.05 EPS for the current year.
Key Headlines Impacting Skyward Specialty Insurance Group
Here are the key news stories impacting Skyward Specialty Insurance Group this week:
- Positive Sentiment: Keefe, Bruyette & Woods raised its price target to $69 (from $66) and maintains an “outperform” rating—a meaningful analyst endorsement that supports upside expectations. Skyward Specialty Insurance price target raised to $69 from $66 at Keefe Bruyette
- Positive Sentiment: Zacks highlights that upward earnings estimate revisions are supporting the stock and could drive further gains if the trend continues. This improves the fundamental outlook and investor sentiment. Can Skyward (SKWD) Run Higher on Rising Earnings Estimates?
- Neutral Sentiment: Skyward announced the formation of “Skyward Group” as the unified holding‑company brand following the Apollo acquisition; the operating brands will remain in place. This is organizational and strategic messaging that should aid integration but has limited immediate earnings impact. Skyward Specialty Introduces Skyward Group as New Holding Company Brand
- Neutral Sentiment: Multiple trade press outlets covered the holding‑company launch and integration plans, increasing visibility but not providing new financial detail. Skyward Specialty introduces new holding company following Apollo acquisition
- Negative Sentiment: Skyward completed the Apollo acquisition and an associated equity issuance; reports note the company also entered into a new unsecured instrument. The equity issuance could be dilutive and the new financing could affect leverage—factors that likely contributed to downward pressure on the stock. Skyward Specialty Completes Apollo Acquisition and Equity Issuance
Insider Activity
In related news, insider Sandip A. Kapadia sold 5,030 shares of the firm’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $50.01, for a total value of $251,550.30. Following the transaction, the insider directly owned 8,059 shares in the company, valued at approximately $403,030.59. This trade represents a 38.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 7.86% of the company’s stock.
Institutional Trading of Skyward Specialty Insurance Group
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its holdings in shares of Skyward Specialty Insurance Group by 75.8% during the fourth quarter. GAMMA Investing LLC now owns 575 shares of the company’s stock worth $29,000 after buying an additional 248 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Skyward Specialty Insurance Group by 2,223.1% during the second quarter. Caitong International Asset Management Co. Ltd now owns 604 shares of the company’s stock valued at $35,000 after buying an additional 578 shares during the last quarter. Assetmark Inc. lifted its position in shares of Skyward Specialty Insurance Group by 1,210.5% in the 3rd quarter. Assetmark Inc. now owns 747 shares of the company’s stock worth $36,000 after acquiring an additional 690 shares during the period. Quarry LP raised its stake in shares of Skyward Specialty Insurance Group by 558.9% in the 3rd quarter. Quarry LP now owns 995 shares of the company’s stock valued at $47,000 after buying an additional 844 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Skyward Specialty Insurance Group by 840.1% during the third quarter. PNC Financial Services Group Inc. now owns 1,664 shares of the company’s stock worth $79,000 after purchasing an additional 1,487 shares during the period. Institutional investors and hedge funds own 94.83% of the company’s stock.
Skyward Specialty Insurance Group Company Profile
Skyward Specialty Insurance Group, Inc (NASDAQ: SKWD) is a publicly traded specialty property and casualty insurance underwriter. The company focuses on niche market segments, offering tailored insurance solutions designed to address the specific risk profiles of its target industries.
Through its underwriting platform, Skyward Specialty provides coverage in areas including general liability, professional liability, commercial package, inland marine and other selected specialty lines. Its products are distributed primarily through a network of wholesale brokers, program administrators and managing general agents, enabling the company to reach a diverse client base and adapt quickly to evolving market needs.
Headquartered in the United States, Skyward Specialty Insurance Group operates across multiple states and applies data-driven underwriting and risk management practices to maintain disciplined reserving and consistent performance.
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