Core Insights - Skyward Specialty Insurance (SKWD) is expected to report quarterly earnings of $0.77 per share, reflecting a 26.2% increase year-over-year, with revenues projected at $299.9 million, a 21.8% increase compared to the previous year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 1.6%, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics - Analysts estimate 'Revenues- Net investment income' to be $21.05 million, a 50.3% increase from the prior-year quarter [5] - The forecast for 'Revenues- Net earned premiums' is $282.61 million, indicating a 25.6% increase year-over-year [5] - The 'Expense ratio' is expected to reach 29.1%, down from 29.6% in the previous year [5] - The average 'Loss ratio' is projected at 65.3%, up from 61.1% in the same quarter last year [6] - The consensus for the 'Combined ratio' stands at 94.3%, compared to 90.7% reported in the same quarter last year [6] Stock Performance - Over the past month, shares of Skyward have returned +13.1%, outperforming the Zacks S&P 500 composite's +2.6% change [7] - Currently, SKWD holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [7]

Group 1 - Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) is currently trading at a premium compared to its historical valuation and its peers [1] - The company does not distribute dividends, which may not appeal to long-term investors [1]

Core Viewpoint - Skyward Specialty Insurance (SKWD) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook driven by an upward trend in earnings estimates [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The recent upgrade reflects an improvement in Skyward's earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, with institutional investors using these estimates to determine fair value [5][7]. - For Skyward, the rising earnings estimates indicate an improvement in the company's underlying business, which should positively influence its stock price [6]. Specific Earnings Data - For the fiscal year ending December 2024, Skyward is projected to earn $3.07 per share, representing a 45.5% increase from the previous year [9]. - Over the past three months, the Zacks Consensus Estimate for Skyward has increased by 0.7%, reflecting analysts' growing confidence in the company's performance [9]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - Skyward's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10][11].

Core Viewpoint - Skyward Specialty Insurance Group has successfully commuted its Loss Portfolio Transfer with R&Q Re, receiving $11.7 million in cash, while also strengthening its loss reserves by $25.3 million as of December 31, 2024 [1][3]. Financial Performance - For the fourth quarter of 2024, Skyward Specialty reported gross written premiums of $388.4 million, reflecting an increase of $66.8 million or 20.8% compared to 2023 [6]. - The adjusted combined ratio for the fourth quarter was 91.6%, including catastrophe losses of 2.2 points [6][15]. - Net income for the fourth quarter was $14.4 million, with adjusted operating income at $33.2 million [6][13]. 2025 Guidance - The company anticipates growth in gross written premiums to be in the low to mid-teens for 2025, with a combined ratio expected between 91% and 92% [3][6]. - Net income guidance for 2025 is projected to be between $138.0 million and $150.0 million, indicating strong confidence in the business outlook [3][6]. Risk Management - The company has assessed its exposure to the January California wildfires, expecting total losses and loss adjustment expenses to be less than $10.0 million, net of reinsurance [2]. Strategic Focus - Skyward Specialty is focusing on intentional investments in various divisions, including surety, global agriculture, and accident & health, contributing to its strong growth [3].

Core Viewpoint - Skyward Specialty Insurance Group, Inc. is set to release its fourth quarter 2024 earnings results on February 25, 2025, followed by an earnings call on February 26, 2025, at 9:30 a.m. EDT [1][2] Company Overview - Skyward Specialty is a rapidly growing specialty insurance company that provides commercial property and casualty products and solutions on both non-admitted and admitted bases [3] - The company operates through eight underwriting divisions: Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety, and Transactional E&S [3] Subsidiaries and Ratings - Skyward Specialty's subsidiary insurance companies include Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company [4] - These subsidiaries are rated A (Excellent) with a stable outlook by A.M. Best Company [4]

Skyward Specialty Insurance Group, Inc. (SKWD) has been trading below its 50-day simple moving average (SMA), signaling a short-term bearish trend. As of Jan. 16, 2025, its share price was $45, down 19.1% from its 52-week high of $55.62The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as it is the first marker of an uptrend or downtrend. With a market capitalization of $1.8 billion, Skyward Specialty operates in an u ...

Shares of Skyward Specialty Insurance Group, Inc. (SKWD) are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book of 2.62X is higher than the industry average of 1.55X. It has a Value Score of B. Shares of other insurers like Aflac Inc (AFL) , The Progressive Corporation (PGR) and The Travelers Companies (TRV) are also trading at a multiple higher than the industry average.Skyward Specialty operates in an underpenetrated niche market for which standard insurance cove ...

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company's Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences industry. The life sciences sector often enco ...

Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD ) is a rapidly growing insurance company. This year, it is up 47.6%. Is now a good time to buy, or should you take profits?After 15 years working in the financial sector, performing analysis and judging risk management at investment banks, commercial banks and insurance companies, I want to work for myself. I have joined Seeking Alpha to share the results of my analysis of companies that I research when looking for investments for myself. I look for comp ...

Shares of Skyward Specialty Insurance Group, Inc. (SKWD) have rallied 47.6% year to date, outperforming the industry’s increase of 30.7%, the Finance sector’s rise of 22.5% as well as the Zacks S&P 500 composite gain of 26.3% in the same time frame. Its improved top line, expanded margins and sufficient financial flexibility should continue to drive shares of this specialty property and casualty insurer. Skyward Specialty Outperforms Industry, Sector & S&P YTDImage Source: Zacks Investment ResearchSKWD shar ...