How to Buy Skyward Specialty Insurance Group Stock
Skyward Specialty Insurance Group Inc
Skyward Specialty Insurance Group, Inc. , an insurance holding company, engages in underwriting commercial property and casualty insurance coverages in the United States.
Skyward Specialty Insurance Group stock last closed at $53.54, up 1.04% from the previous day, and has increased 55.01% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 0.38 percentage points. Skyward Specialty Insurance Group stock is currently +60.2% from its 52-week low of $33.42, and -6.04% from its 52-week high of $56.98.
There are currently 40.13M shares of SKWD outstanding. The market cap of SKWD is $2.15B. In the last 24 hours, 353,410 SKWD shares were traded.
How to Buy Skyward Specialty Insurance Group Stock
Not sure how to invest in Skyward Specialty Insurance Group stock? Here's how.
- Figure out where to buy Skyward Specialty Insurance Group stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Skyward Specialty Insurance Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your method of payment and add your information.
- Evaluate Skyward Specialty Insurance Group stock: The Skyward Specialty Insurance Group ticker symbol is SKWD. Is Skyward Specialty Insurance Group stock a good investment? Should you buy shares of SKWD? How do SKWD's underlying business fundamentals look? Do top analysts think Skyward Specialty Insurance Group is a good buy? Why has SKWD's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if SKWD is a good stock to buy).
- Place your SKWD buy order: Decide if you will purchase SKWD shares at the current market price or use a limit order to purchase SKWD stock at a given price.
- Track your SKWD investment: Create a watchlist to get the latest news on your position in Skyward Specialty Insurance Group stock.
Step 1: Figure out where to buy Skyward Specialty Insurance Group stock
You need an online brokerage account in order to access the NASDAQ market and buy SKWD shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can buy SKWD today.
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Step 3: Deposit money your brokerage account
Now that you have filled out your info on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Evaluate Skyward Specialty Insurance Group stock
After you have chosen the best place to buy Skyward Specialty Insurance Group stock, it's important to research their stock prior to buying, so you truly wrap your head around the risk as well as the upside.
Skyward Specialty Insurance Group quick stats
SKWD Due Diligence Checks
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on SKWD's stock page.
Is SKWD stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge SKWD's intrinsic value.
Using relative valuations measures:
- SKWD may be overvalued based on its P/E ratio of 18.03x, relative to Insurance - Property & Casualty industry P/E ratio of 16.2x
- SKWD may be overvalued based on its P/B ratio of 2.71x, relative to Insurance - Property & Casualty industry P/B ratio of 2.36x
- SKWD may be overvalued based on its PEG ratio of 1.32x
You can do more valuation research on SKWD's stock here.
SKWD Financial Health Overview
Positive Health Checks:
- SKWD earnings of $162.24M is not enough to cover its interest payments.
- SKWD's operating cash flow of $305.12M allows it to safely service it's debt of $119.54M.
- SKWD profit margin has gone up from 9.5% to 10.3% in the past year.
Negative Health Checks:
- SKWD has a relatively high debt to equity ratio of 3.7.
Is SKWD stock a Buy, Hold, or Sell, according to analysts?
Out of 8 Wall Street analysts who give forecasts on SKWD, the consensus analyst rating on SKWD is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent SKWD Analyst Forecasts
Paul Newsome, a top 3% analyst from Piper Sandler maintains SKWD with a strong buy rating and lowers their SKWD price target from $58.00 to $57.00, on Feb 6, 2025.
Gregory Peters, a top 3% analyst from Raymond James maintains SKWD with a strong buy rating and raises their SKWD price target from $45.00 to $55.00, on Nov 5, 2024.
Raymond James's Gregory Peters raised their price target on Skyward Specialty Insurance Group (NASDAQ: SKWD) by 22.2% from $45 to $55 on 2024/11/05. The analyst maintained their Strong Buy rating on the stock.
Skyward Specialty Insurance Group reported its Q3 2024 earnings.
Looking ahead, Peters told investors to expect Skyward Specialty Insurance Group to deliver strong premium growth, stable underlying margins, and increasing NII, which should lead to mid-teens ROBEs through FY 2026.
Earnings Report
For Q3 2024, Skyward Specialty Insurance Group reported:
- EPS of 0.71, which beat the Zacks Consensus Estimate of $0.64 and Q3 2023's $0.65.
- Revenue of $300.89M, which beat the Zacks Consensus Estimate by 2.89% and Q3 2023's $239.22M.
Management did not provide financial guidance in its press release.
Chairman & CEO Andrew Robinson commented: "For our third quarter, our results reflect our continued excellent execution of our "Rule our Niche" strategy, and our disciplined underwriting and our strategic risk management.
"Our adjusted operating income was up nearly 18% over the prior-year quarter, continuing the trend of strong earnings growth we have delivered every quarter as a public company, and our 19.1% annualized return on equity year to date is outstanding.
"We delivered gross written premiums growth of 12.4% over the prior year quarter while continuing to increase our mix of business to areas that are less exposed to the P&C cycles.
"Given investments into our business, the momentum building in certain divisions, and with full consideration for the market backdrop, I am confident that we are well positioned to deliver strong growth as we look forward to the coming quarters."
Matthew Carletti, a top 1% analyst from JMP Securities maintains SKWD with a buy rating and raises their SKWD price target from $50.00 to $53.00, on Oct 30, 2024.
You can dig deeper into what analysts are forecasting on the Skyward Specialty Insurance Group stock forecast page.
SKWD Trading Indicators
SKWD Growth Metrics
Last year, SKWD earnings were $118.83M. In the past three year, SKWD's earnings have increased by 113.3% per year. This was faster than the Insurance - Property & Casualty industry average of 18.22%.
Last year, SKWD revenue was $1.15B. Over the last 4 year, SKWD's revenue has grown by 26.3% per year. This was faster than the Insurance - Property & Casualty industry average of 12%.
Dig into SKWD's earnings and revenue performance here.
Latest Insiders Trades at SKWD
Over the past 12 months, insiders at SKWD have sold more shares than they have bought.
Sean W. Duffy, EVP CHIEF CLAIMS OFFICER of SKWD, was the latest SKWD insider to sell. They sold $275,062.50 worth of SKWD shares on Mar 17, 2025.
Dig into more about who owns SKWD stock here.
Does SKWD stock generate passive income?
No, Skyward Specialty Insurance Group doesn't provide an income stream by paying out dividends.
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Step 5: Place your SKWD buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, place a limit order.
Press the Open button and your broker will place the order.
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Step 6: Track your SKWD investment
Now that you own some shares in SKWD, you'll want to keep up with your new investment.
Create a watchlist to track the latest developments regarding your SKWD stock.
SKWD Feed
How to Buy Stock in Skyward Specialty Insurance Group
To summarize, here are the 6 steps to buy stock in Skyward Specialty Insurance Group:
- Figure out where to buy Skyward Specialty Insurance Group stock
- Open a brokerage account
- Deposit money your brokerage account
- Evaluate Skyward Specialty Insurance Group stock
- Place your SKWD buy order
- Track your SKWD investment
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Get Started with eToro TodayIf you want to track your investment in Skyward Specialty Insurance Group, add SKWD to your watchlist below.
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