TWFG (NASDAQ:TWFG) Price Target Lowered to $25.00 at Keefe, Bruyette & Woods

TWFG (NASDAQ:TWFG) had its price target reduced by Keefe, Bruyette & Woods from $31.00 to $25.00 in a research note published on Tuesday,Benzinga reports. They currently have a market perform rating on the stock.

A number of other equities research analysts also recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of TWFG in a report on Wednesday, January 21st. Zacks Research upgraded TWFG from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Piper Sandler lowered their price target on TWFG from $32.00 to $22.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Wall Street Zen upgraded TWFG from a “hold” rating to a “buy” rating in a report on Monday. Finally, UBS Group lowered their price target on TWFG from $39.00 to $34.00 and set a “buy” rating for the company in a report on Monday, March 9th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $28.17.

TWFG Price Performance

TWFG opened at $18.91 on Tuesday. The company has a 50-day moving average of $20.09 and a 200-day moving average of $24.64. The company has a market capitalization of $1.06 billion, a P/E ratio of 37.08 and a beta of 0.57. TWFG has a 1-year low of $16.56 and a 1-year high of $36.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 107.86 and a current ratio of 107.86.

TWFG (NASDAQ:TWFG) last released its earnings results on Wednesday, February 25th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.14. The company had revenue of $70.26 million during the quarter, compared to the consensus estimate of $60.81 million. TWFG had a net margin of 3.11% and a return on equity of 13.51%. Equities analysts expect that TWFG will post 0.57 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp grew its stake in TWFG by 102.7% during the 4th quarter. Fifth Third Bancorp now owns 896 shares of the company’s stock worth $26,000 after buying an additional 454 shares during the last quarter. Quadrant Capital Group LLC bought a new position in TWFG during the 4th quarter worth $68,000. Quantbot Technologies LP grew its stake in TWFG by 52.5% during the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company’s stock worth $142,000 after buying an additional 1,395 shares during the last quarter. Russell Investments Group Ltd. bought a new position in TWFG during the 3rd quarter worth $142,000. Finally, State of Tennessee Department of Treasury bought a new position in TWFG during the 2nd quarter worth $155,000.

TWFG Company Profile

TWFG Insurance Services, Inc operates as a property and casualty insurance distribution company that provides personal and commercial insurance solutions through a hybrid model of company-owned branches and franchised offices. The firm offers a broad spectrum of insurance products, including auto, homeowners, renters, umbrella, flood and specialty lines coverage, tailored to meet the needs of individuals, families and businesses. By partnering with multiple insurance carriers, TWFG delivers competitive pricing and customized policy options designed to help clients manage risk and protect their assets.

Founded in 1980 and headquartered in Odessa, Texas, TWFG has expanded its network to serve customers across numerous U.S.