Skyward Specialty Insurance Group, Inc. (SKWD) has been trading below its 50-day simple moving average (SMA), signaling a short-term bearish trend. As of Jan. 16, 2025, its share price was $45, down 19.1% from its 52-week high of $55.62The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as it is the first marker of an uptrend or downtrend. With a market capitalization of $1.8 billion, Skyward Specialty operates in an u ...

Shares of Skyward Specialty Insurance Group, Inc. (SKWD) are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book of 2.62X is higher than the industry average of 1.55X. It has a Value Score of B. Shares of other insurers like Aflac Inc (AFL) , The Progressive Corporation (PGR) and The Travelers Companies (TRV) are also trading at a multiple higher than the industry average.Skyward Specialty operates in an underpenetrated niche market for which standard insurance cove ...

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company's Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences industry. The life sciences sector often enco ...

Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD ) is a rapidly growing insurance company. This year, it is up 47.6%. Is now a good time to buy, or should you take profits?After 15 years working in the financial sector, performing analysis and judging risk management at investment banks, commercial banks and insurance companies, I want to work for myself. I have joined Seeking Alpha to share the results of my analysis of companies that I research when looking for investments for myself. I look for comp ...

Shares of Skyward Specialty Insurance Group, Inc. (SKWD) have rallied 47.6% year to date, outperforming the industry’s increase of 30.7%, the Finance sector’s rise of 22.5% as well as the Zacks S&P 500 composite gain of 26.3% in the same time frame. Its improved top line, expanded margins and sufficient financial flexibility should continue to drive shares of this specialty property and casualty insurer. Skyward Specialty Outperforms Industry, Sector & S&P YTDImage Source: Zacks Investment ResearchSKWD shar ...

Company Performance - Skyward Specialty Insurance (SKWD) shares have increased by 10% over the past month and reached a new 52-week high of $50.21, with a year-to-date gain of 47.6% compared to 24.1% for the Zacks Finance sector and 30.4% for the Zacks Insurance - Property and Casualty industry [1] - The company has consistently exceeded earnings expectations, reporting EPS of $0.71 against a consensus estimate of $0.64 in its last earnings report on October 29, 2024 [2] - For the current fiscal year, Skyward is projected to achieve earnings of $3.06 per share on revenues of $1.14 billion, reflecting a 45.02% increase in EPS and a 28.65% increase in revenues [3] Valuation Metrics - Skyward has a Value Score of A, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of A [6] - The stock trades at 16.3X current fiscal year EPS estimates, which is above the peer industry average of 13.8X, and at 22.2X on a trailing cash flow basis compared to the peer group's average of 13.8X [7] - The PEG ratio stands at 0.91, indicating that while the stock is not in the top echelon from a value perspective, it still holds potential [7] Zacks Rank - Skyward currently holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8] - The recommendation for investors is to select stocks with Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, which Skyward meets, suggesting potential for future growth [9] Industry Context - The Insurance - Property and Casualty industry is positioned in the top 14% of all industries, indicating favorable conditions for both Skyward and its peers [12]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 SKWD The Nasdaq Stock Market LLC FORM 10-Q __________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 1 ...

Investors interested in Insurance - Property and Casualty stocks are likely familiar with Skyward Specialty Insurance (SKWD) and Kinsale Capital Group, Inc. (KNSL) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasize ...

For the quarter ended September 2024, Skyward Specialty Insurance (SKWD) reported revenue of $300.89 million, up 25.8% over the same period last year. EPS came in at $0.71, compared to $0.65 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $292.43 million, representing a surprise of +2.89%. The company delivered an EPS surprise of +10.94%, with the consensus EPS estimate being $0.64. While investors scrutinize revenue and earnings changes year-over-year and how they ...

Skyward Specialty Insurance (SKWD) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.94%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $0.66 per share when it actually produced earnings of $0.80, delivering a surpris ...