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Skyward Specialty Insurance (SKWD) - 2024 Q3 - Quarterly Results
2024-10-29 20:07
Skyward Specialty Insurance Group Reports Third Quarter 2024 Results Houston, TX – October 29, 2024 – Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) ("Skyward Specialty" or the "Company") today reported third quarter 2024 net income of $36.7 million, or $0.89 per diluted share, compared to $21.7 million, or $0.57 per diluted share, for the same 2023 period. Net income for the first nine months of 2024 was $104.4 million, or $2.53 per diluted share, compared to $56.7 million, or $1.50 per diluted sha ...
Skyward Specialty Announces Time Change for Third Quarter Earnings Call on Wednesday, October 30, 2024
GlobeNewswire News Room· 2024-10-28 17:47
HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") today announced a time change of its previously announced third quarter earnings call. The conference call and webcast will still be held on Wednesday, October 30, but will now begin at 9:30 a.m. EDT, rather than the previously scheduled time of 8:30 a.m EDT. As previously communicated, Skyward Specialty will issue its third quarter 2024 earnings results after the market ...
Buy Low-Beta Stocks JD, SKWD, CORT, PRA to Beat Election Uncertainty
ZACKS· 2024-10-23 19:45
Amid uncertainty surrounding the U.S. election and potential interest rate cuts, the market is expected to experience ongoing volatility. Hence, investors should brace for fluctuations as these key events shape market sentiment. Given the backdrop, constructing a portfolio of low-beta stocks may be prudent.In this regard, stocks like JD.com Inc (JD) , Skyward Specialty Insurance Group Inc (SKWD) , Corcept Therapeutics Incorporated (CORT) and ProAssurance Corporation (PRA) are worth betting on.What Does Beta ...
Should SKWD Stock Be in Your Portfolio Ahead of Q3 Earnings?
ZACKS· 2024-10-23 18:00
Skyward Specialty Insurance Group, Inc. (SKWD) is expected to witness an improvement in its top and bottom lines when it reports third-quarter 2024 results on Oct. 29, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for SKWD’s third-quarter revenues is pegged at $292.4 million, indicating 22.2% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at 64 cents per share. The Zacks Consensus Estimate ...
Skyward (SKWD) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-10-21 17:00
Skyward Specialty Insurance (SKWD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. ...
Will Skyward (SKWD) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-11 17:10
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Skyward Specialty Insurance (SKWD) , which belongs to the Zacks Insurance - Property and Casualty industry, could be a great candidate to consider. When looking at the last two reports, this property and casualty insurance holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 17.42%, on avera ...
Skyward Specialty to Host Third Quarter 2024 Earnings Call Wednesday, October 30, 2024
GlobeNewswire News Room· 2024-10-07 13:34
Core Viewpoint - Skyward Specialty Insurance Group, Inc. is set to release its third quarter 2024 earnings results on October 29, 2024, with an earnings call scheduled for October 30, 2024, at 8:30 a.m. EDT [1][2]. Company Overview - Skyward Specialty is a rapidly growing specialty insurance company that provides commercial property and casualty products and solutions on both non-admitted and admitted bases [3]. - The company operates through eight underwriting divisions: Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety, and Transactional E&S [3]. - Skyward Specialty's subsidiary insurance companies include Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company, all rated A (Excellent) with a stable outlook by A.M. Best Company [4].
Skyward Specialty Expands Renewable Energy Coverage Solutions
GlobeNewswire News Room· 2024-10-02 12:30
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced the expansion of its renewable energy solutions. As the renewable energy market continues to experience unprecedented growth, the need for specialized risk management solutions becomes increasingly important. However, many of these risks remain underserved by conventional coverage options. "The risin ...
Skyward Specialty Near 52-Week High: Should You Buy the Stock?
ZACKS· 2024-10-01 17:21
Shares of Skyward Specialty Insurance Group, Inc. (SKWD) closed at $40.73 on Monday, near its 52-week high of $42.26, after having gained 48.8% in a year. Shares outperformed the industry, the Finance sector as well as the Zacks S&P 500 composite index in the same time frame. This specialty property and casualty insurer delivered an earnings surprise in the last four quarters. The insurer stated that all eight underwriting divisions in which it operates are individually producing more than $100 million in g ...
Skyward Specialty Earns “Best Places to Work in Insurance” Recognition for 2024
GlobeNewswire News Room· 2024-09-05 20:30
HOUSTON, Sept. 05, 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, is proud to announce it has been recognized as one of the Best Places to Work in Insurance for 2024, as determined by Business Insurance and Best Companies Group, for its second consecutive year. This prestigious award underscores Skyward Specialty's ongoing commitment to cultivating an exceptional workplace ...