Skyward Specialty Insurance Group (NASDAQ:SKWD – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.65 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Skyward Specialty Insurance Group (NASDAQ:SKWD – Get Free Report) last announced its earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.05. Skyward Specialty Insurance Group had a net margin of 9.56% and a return on equity of 14.31%. The business had revenue of $321.60 million during the quarter, compared to the consensus estimate of $320.34 million. During the same quarter last year, the firm earned $0.36 earnings per share. Skyward Specialty Insurance Group’s quarterly revenue was up 21.5% on a year-over-year basis. On average, analysts expect Skyward Specialty Insurance Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Skyward Specialty Insurance Group Stock Up 3.2 %
Shares of NASDAQ SKWD opened at $34.54 on Tuesday. Skyward Specialty Insurance Group has a twelve month low of $20.89 and a twelve month high of $38.64. The firm has a fifty day simple moving average of $36.17 and a 200 day simple moving average of $33.17. The company has a market capitalization of $1.38 billion, a PE ratio of 15.42 and a beta of 0.45.
Wall Street Analyst Weigh In
View Our Latest Analysis on Skyward Specialty Insurance Group
Insiders Place Their Bets
In other news, CFO Mark W. Haushill sold 25,000 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $35.58, for a total transaction of $889,500.00. Following the completion of the sale, the chief financial officer now directly owns 236,688 shares of the company’s stock, valued at $8,421,359.04. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CFO Mark W. Haushill sold 35,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $35.96, for a total value of $1,258,600.00. Following the completion of the sale, the chief financial officer now directly owns 261,688 shares of the company’s stock, valued at approximately $9,410,300.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Mark W. Haushill sold 25,000 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of $35.58, for a total value of $889,500.00. Following the completion of the sale, the chief financial officer now directly owns 236,688 shares of the company’s stock, valued at $8,421,359.04. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 98,890 shares of company stock worth $3,533,839. 8.01% of the stock is currently owned by company insiders.
Skyward Specialty Insurance Group Company Profile
Skyward Specialty Insurance Group, Inc, an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products.
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