Analyst Expectations For Skyward Specialty's Future

In the preceding three months, 7 analysts have released ratings for Skyward Specialty SKWD, presenting a wide array of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 5 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 1 2 1 0 0
3M Ago 0 2 0 0 0

Analysts have set 12-month price targets for Skyward Specialty, revealing an average target of $41.0, a high estimate of $46.00, and a low estimate of $37.00. Witnessing a positive shift, the current average has risen by 7.89% from the previous average price target of $38.00.

price target chart

Interpreting Analyst Ratings: A Closer Look

The standing of Skyward Specialty among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Paul Newsome Piper Sandler Raises Overweight $46.00 $43.00
Michael Zaremski BMO Capital Raises Market Perform $37.00 $31.00
Meyer Shields Keefe, Bruyette & Woods Raises Outperform $43.00 $41.00
Mark Hughes Truist Securities Raises Buy $44.00 $40.00
Matthew Carletti JMP Securities Raises Market Outperform $40.00 $38.00
Matthew Carletti JMP Securities Raises Market Outperform $38.00 $35.00
Bill Carcache Wolfe Research Announces Outperform $39.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Skyward Specialty. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Skyward Specialty compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Skyward Specialty's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Skyward Specialty's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Skyward Specialty analyst ratings.

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All You Need to Know About Skyward Specialty

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 a number of 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.

Understanding the Numbers: Skyward Specialty's Finances

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Over the 3 months period, Skyward Specialty showcased positive performance, achieving a revenue growth rate of 2.95% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Skyward Specialty's net margin is impressive, surpassing industry averages. With a net margin of 11.88%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Skyward Specialty's ROE stands out, surpassing industry averages. With an impressive ROE of 4.89%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Skyward Specialty's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.01%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.19.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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