Skyward Specialty Insurance (SKWD) is a Great Momentum Stock: Should You Buy?

Company Overview - Skyward Specialty Insurance (SKWD) currently holds a Momentum Style Score of B, indicating potential for strong performance in the momentum investing strategy [3][12] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance in the market [4][12] Price Performance - SKWD shares have increased by 12.62% over the past week, outperforming the Zacks Insurance - Property and Casualty industry, which rose by 3.18% during the same period [6] - Over the last month, SKWD's price change is 23.72%, significantly higher than the industry's 10.76% [6] - In the past quarter, SKWD shares have risen by 21.59%, and over the last year, they have increased by 57.87%, while the S&P 500 has moved -6.46% and 11.69%, respectively [7] Trading Volume - The average 20-day trading volume for SKWD is 406,812 shares, which serves as a useful indicator for assessing price movements [8] Earnings Estimates - In the last two months, 4 earnings estimates for SKWD have been revised upwards, while 1 estimate was revised downwards, leading to an increase in the consensus estimate from $3.45 to $3.50 [10] - For the next fiscal year, there have also been 4 upward revisions and 1 downward revision in earnings estimates [10]