Across the recent three months, 7 analysts have shared their insights on Skyward Specialty (NASDAQ:SKWD), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 6 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $44.86, with a high estimate of $47.00 and a low estimate of $42.00. This upward trend is apparent, with the current average reflecting a 4.33% increase from the previous average price target of $43.00.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Skyward Specialty's perception among financial experts is painted with a thorough analysis 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 |
|---|---|---|---|---|---|
| Matthew Carletti | JMP Securities | Raises | Market Outperform | $47.00 | $45.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $46.00 | $44.00 |
| Mark Hughes | Truist Securities | Raises | Buy | $47.00 | $44.00 |
| Matthew Carletti | JMP Securities | Raises | Market Outperform | $45.00 | $42.00 |
| Matthew Carletti | JMP Securities | Raises | Market Outperform | $42.00 | $40.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $44.00 | $43.00 |
| Meyer Shields | Keefe, Bruyette & Woods | Maintains | Outperform | $43.00 | $43.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Skyward Specialty. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Skyward Specialty compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Skyward Specialty's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Skyward Specialty's market position. Stay informed and make well-judged decisions with the assistance of 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 several 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.
Skyward Specialty: Delving into Financials
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Skyward Specialty's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 35.6%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Skyward Specialty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 13.94% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.44%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Skyward Specialty's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.2% 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 0.17.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.