Ratings for Skyward Specialty SKWD were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 2 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $37.0, a high estimate of $40.00, and a low estimate of $31.00. This upward trend is evident, with the current average reflecting a 12.8% increase from the previous average price target of $32.80.
Understanding Analyst Ratings: A Comprehensive Breakdown
An in-depth analysis of recent analyst actions unveils how financial experts perceive Skyward Specialty. The following summary 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 |
|---|---|---|---|---|---|
| Bill Carcache | Wolfe Research | Announces | Outperform | $39.00 | - |
| Michael Zaremski | BMO Capital | Raises | Market Perform | $31.00 | $29.00 |
| C. Gregory Peters | Raymond James | Raises | Strong Buy | $40.00 | $36.00 |
| Paul Newsome | Piper Sandler | Raises | Overweight | $36.00 | $34.00 |
| C. Gregory Peters | Raymond James | Raises | Strong Buy | $36.00 | $30.00 |
| Mark Hughes | Truist Securities | Raises | Buy | $40.00 | $35.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Skyward Specialty. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Skyward Specialty compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Skyward Specialty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Skyward Specialty's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Skyward Specialty analyst ratings.
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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.
A Deep Dive into Skyward Specialty's Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3 months period, Skyward Specialty showcased positive performance, achieving a revenue growth rate of 47.71% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Skyward Specialty's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 9.08%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Skyward Specialty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.1% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Skyward Specialty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.77% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Skyward Specialty's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.24.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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