Skyward Specialty Insurance Group (SKWD) Stock Forecast, Price Target & Predictions
SKWD Stock Forecast
Skyward Specialty Insurance Group stock forecast is as follows: an average price target of $37.33 (represents a -4.53% downside from SKWD’s last price of $39.10) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
SKWD Price Target
The average price target for Skyward Specialty Insurance Group (SKWD) is $37.33 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $22.00. This represents a potential -4.53% downside from SKWD's last price of $39.10.
SKWD Analyst Ratings
According to 8 Wall Street analysts, Skyward Specialty Insurance Group's rating consensus is 'Buy'. The analyst rating breakdown for SKWD stock is 1 'Strong Buy' (12.50%), 5 'Buy' (62.50%), 2 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Skyward Specialty Insurance Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 04, 2024 | Alex Scott | Barclays | $44.00 | $40.09 | 9.75% | 12.53% |
| Aug 14, 2024 | Paul Newsome | Piper Sandler | $48.00 | $36.73 | 30.68% | 22.76% |
| May 07, 2024 | Michael Zaremski | BMO Capital | $42.00 | $37.61 | 11.67% | 7.42% |
| Apr 15, 2024 | Matthew Carletti | JMP Securities | $42.00 | $35.50 | 18.31% | 7.42% |
| Feb 07, 2023 | - | Raymond James | $22.00 | $19.25 | 14.29% | -43.73% |
| Feb 07, 2023 | - | JMP Securities | $25.00 | $19.25 | 29.87% | -36.06% |
| Feb 07, 2023 | - | Truist Financial | $26.00 | $19.25 | 35.06% | -33.50% |
| Feb 07, 2023 | - | Piper Sandler | $23.00 | $19.25 | 19.48% | -41.18% |
The latest Skyward Specialty Insurance Group stock forecast, released on Sep 04, 2024 by Alex Scott from Barclays, set a price target of $44.00, which represents a 9.75% increase from the stock price at the time of the forecast ($40.09), and a 12.53% increase from SKWD last price ($39.10).
Skyward Specialty Insurance Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $44.00 | $46.00 | $44.00 |
| Last Closing Price | $39.10 | $39.10 | $39.10 |
| Upside/Downside | 12.53% | 17.65% | 12.53% |
In the current month, the average price target of Skyward Specialty Insurance Group stock is $44.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 12.53% increase as opposed to Skyward Specialty Insurance Group's last price of $39.10. This month's average price target is down -4.35% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Barclays | - | Equal-Weight | Initialise |
| Aug 19, 2024 | William Blair | - | Outperform | Initialise |
| Aug 14, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 06, 2024 | JMP Securities | Outperform | Outperform | Hold |
| Jul 11, 2024 | Oppenheimer | - | Perform | Initialise |
| Jul 01, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Jul 01, 2024 | Wellington Shields | Market Outperform | Market Outperform | Hold |
| Jul 01, 2024 | JMP Securities | Outperform | Outperform | Hold |
| May 08, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| May 07, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
Skyward Specialty Insurance Group's last stock rating was published by Barclays on Sep 04, 2024. The company Initialise its SKWD rating from "null" to "Equal-Weight".
Skyward Specialty Insurance Group Financial Forecast
Skyward Specialty Insurance Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $246.29M | $239.22M | $210.52M | $189.93M | $187.37M |
| Avg Forecast | $383.64M | $418.35M | $487.38M | $463.78M | $412.84M | $456.45M | $550.25M | $518.22M | $370.82M | $410.12M | $495.06M | $424.91M | $320.34M | $316.09M | $384.99M | $315.85M | $178.22M |
| High Forecast | $395.33M | $431.09M | $502.22M | $477.90M | $425.41M | $470.35M | $567.01M | $534.00M | $382.11M | $416.30M | $510.14M | $437.85M | $327.29M | $322.30M | $396.71M | $325.47M | $183.65M |
| Low Forecast | $364.56M | $397.54M | $463.13M | $440.71M | $392.30M | $433.75M | $522.88M | $492.44M | $352.37M | $401.20M | $470.44M | $403.77M | $315.40M | $310.66M | $365.83M | $300.14M | $169.35M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 4 | 2 | 2 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | 0.76% | 0.55% | 0.60% | 1.05% |
Skyward Specialty Insurance Group's average Quarter revenue forecast for Mar 24 based on 2 analysts is $424.91M, with a low forecast of $403.77M, and a high forecast of $437.85M. SKWD's average Quarter revenue forecast represents a 72.52% increase compared to the company's last Quarter revenue of $246.29M (Dec 23).
Skyward Specialty Insurance Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 4 | 2 | 2 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.26M | $25.50M | $21.87M | $28.48M |
| Avg Forecast | $-2.17M | $-2.37M | $-2.76M | $-2.62M | $-2.34M | $-2.58M | $-3.11M | $-2.93M | $-2.10M | $-2.32M | $-2.80M | $-2.40M | $-1.81M | $-1.79M | $-2.18M | $-1.79M | $-1.01M |
| High Forecast | $-2.06M | $-2.25M | $-2.62M | $-2.49M | $-2.22M | $-2.45M | $-2.96M | $-2.79M | $-1.99M | $-2.27M | $-2.66M | $-2.28M | $-1.78M | $-1.76M | $-2.07M | $-1.70M | $-957.95K |
| Low Forecast | $-2.24M | $-2.44M | $-2.84M | $-2.70M | $-2.41M | $-2.66M | $-3.21M | $-3.02M | $-2.16M | $-2.35M | $-2.89M | $-2.48M | $-1.85M | $-1.82M | $-2.24M | $-1.84M | $-1.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -15.80% | -11.71% | -12.24% | -28.25% |
4 analysts predict SKWD's average Quarter EBITDA for Dec 23 to be $-1.81M, with a high of $-1.78M and a low of $-1.85M. This is -106.41% lower than Skyward Specialty Insurance Group's previous annual EBITDA (Sep 23) of $28.26M.
Skyward Specialty Insurance Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 4 | 2 | 2 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $29.27M | $21.71M | $19.45M | $15.56M | $20.42M |
| Avg Forecast | $40.76M | $34.45M | $36.33M | $38.93M | $36.28M | $30.14M | $32.71M | $32.75M | $31.18M | $25.71M | $26.90M | $26.14M | $23.67M | $14.91M | $16.11M | $14.07M | $10.60M |
| High Forecast | $42.38M | $35.81M | $37.77M | $40.47M | $37.71M | $31.34M | $34.00M | $34.05M | $32.41M | $27.79M | $27.96M | $27.18M | $25.78M | $16.57M | $16.75M | $14.62M | $11.02M |
| Low Forecast | $38.13M | $32.22M | $33.98M | $36.41M | $33.93M | $28.19M | $30.59M | $30.64M | $29.16M | $22.81M | $25.16M | $24.45M | $21.55M | $12.84M | $15.07M | $13.16M | $9.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.24% | 1.46% | 1.21% | 1.11% | 1.93% |
Skyward Specialty Insurance Group's average Quarter net income forecast for Mar 24 is $26.14M, with a range of $24.45M to $27.18M. SKWD's average Quarter net income forecast represents a -10.67% decrease compared to the company's last Quarter net income of $29.27M (Dec 23).
Skyward Specialty Insurance Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 4 | 2 | 2 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $13.66M | $14.90M | $17.36M | $16.52M | $14.70M | $16.25M | $19.59M | $18.45M | $13.21M | $14.60M | $17.63M | $15.13M | $11.41M | $11.26M | $13.71M | $11.25M | $6.35M |
| High Forecast | $14.08M | $15.35M | $17.88M | $17.02M | $15.15M | $16.75M | $20.19M | $19.02M | $13.61M | $14.82M | $18.17M | $15.59M | $11.65M | $11.48M | $14.13M | $11.59M | $6.54M |
| Low Forecast | $12.98M | $14.16M | $16.49M | $15.69M | $13.97M | $15.45M | $18.62M | $17.54M | $12.55M | $14.29M | $16.75M | $14.38M | $11.23M | $11.06M | $13.03M | $10.69M | $6.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Skyward Specialty Insurance Group's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to SKWD last annual SG&A of $NaN (undefined).
Skyward Specialty Insurance Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 2 | 3 | 7 | 3 | 2 | 4 | 4 | 2 | 2 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.78 | $0.58 | $0.52 | $0.41 | $0.54 |
| Avg Forecast | $0.99 | $0.84 | $0.88 | $0.95 | $0.88 | $0.73 | $0.79 | $0.80 | $0.76 | $0.62 | $0.65 | $0.64 | $0.57 | $0.36 | $0.39 | $0.34 | $0.26 |
| High Forecast | $1.03 | $0.87 | $0.92 | $0.98 | $0.92 | $0.76 | $0.83 | $0.83 | $0.79 | $0.67 | $0.68 | $0.66 | $0.63 | $0.40 | $0.41 | $0.36 | $0.27 |
| Low Forecast | $0.93 | $0.78 | $0.83 | $0.88 | $0.82 | $0.68 | $0.74 | $0.74 | $0.71 | $0.55 | $0.61 | $0.59 | $0.52 | $0.31 | $0.37 | $0.32 | $0.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.36% | 1.60% | 1.33% | 1.20% | 2.10% |
According to 2 Wall Street analysts, Skyward Specialty Insurance Group's projected average Quarter EPS for Mar 24 is $0.64, with a low estimate of $0.59 and a high estimate of $0.66. This represents a -18.59% decrease compared to SKWD previous annual EPS of $0.78 (Dec 23).
Skyward Specialty Insurance Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PRA | ProAssurance | $13.13 | $18.50 | 40.90% | Buy |
| KMPR | Kemper | $60.74 | $71.00 | 16.89% | Buy |
| HMN | Horace Mann Educators | $34.13 | $38.50 | 12.80% | Strong Buy |
| STC | Stewart Information Services | $75.00 | $80.50 | 7.33% | Buy |
| RLI | RLI | $152.23 | $152.67 | 0.29% | Buy |
| SIGI | Selective Insurance Group | $92.13 | $92.20 | 0.08% | Hold |
| SKWD | Skyward Specialty Insurance Group | $39.10 | $37.33 | -4.53% | Buy |
SKWD Forecast FAQ
Is Skyward Specialty Insurance Group a good buy?
Yes, according to 8 Wall Street analysts, Skyward Specialty Insurance Group (SKWD) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 75.00% of SKWD's total ratings.
What is SKWD's price target?
Skyward Specialty Insurance Group (SKWD) average price target is $37.33 with a range of $22 to $48, implying a -4.53% from its last price of $39.1. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Skyward Specialty Insurance Group stock go up soon?
According to Wall Street analysts' prediction for SKWD stock, the company can go down by -4.53% (from the last price of $39.1 to the average price target of $37.33), up by 22.76% based on the highest stock price target, and down by -43.73% based on the lowest stock price target.
Can Skyward Specialty Insurance Group stock reach $60?
SKWD's average twelve months analyst stock price target of $37.33 does not support the claim that Skyward Specialty Insurance Group can reach $60 in the near future.
What is Skyward Specialty Insurance Group's current price target trend?
1 Wall Street analyst forecast a $44 price target for Skyward Specialty Insurance Group (SKWD) this month, up 12.53% from its last price of $39.1. Compared to the last 3 and 12 months, the average price target increased by 17.65% and increased by 12.53%, respectively.
What are Skyward Specialty Insurance Group's analysts' financial forecasts?
Skyward Specialty Insurance Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.94B (high $2B, low $1.84B), average EBITDA is $-10.961M (high $-10.416M, low $-11.295M), average net income is $131.88M (high $137.1M, low $123.35M), average SG&A $69M (high $71.11M, low $65.57M), and average EPS is $3.2 (high $3.33, low $3). SKWD's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.75B (high $1.81B, low $1.67B), average EBITDA is $-9.917M (high $-9.423M, low $-10.219M), average net income is $150.48M (high $156.43M, low $140.74M), average SG&A $62.43M (high $64.33M, low $59.32M), and average EPS is $3.66 (high $3.8, low $3.42).
Did the SKWD's actual financial results beat the analysts' financial forecasts?
Based on Skyward Specialty Insurance Group's last annual report (Dec 2023), the company's revenue was $885.97M, which missed the average analysts forecast of $1.34B by -33.75%. Apple's EBITDA was $-1.677M, missing the average prediction of $-7.564M by -77.83%. The company's net income was $84.31M, beating the average estimation of $68.76M by 22.62%. Apple's SG&A was $0, missing the average forecast of $47.62M by -100.00%. Lastly, the company's EPS was $2.34, beating the average prediction of $1.67 by 40.11%. In terms of the last quarterly report (Dec 2023), Skyward Specialty Insurance Group's revenue was $246.3M, missing the average analysts' forecast of $320.34M by -23.11%. The company's EBITDA was $0, missing the average prediction of $-1.812M by -100.00%. Skyward Specialty Insurance Group's net income was $29.26M, beating the average estimation of $23.67M by 23.65%. The company's SG&A was $0, missing the average forecast of $11.41M by -100.00%. Lastly, the company's EPS was $0.78, beating the average prediction of $0.575 by 35.68%