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 $37.61, up 0.03% from the previous day, and has increased 70.26% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 0.45 percentage points. Skyward Specialty Insurance Group stock is currently +72.84% from its 52-week low of $21.76, and -2.67% from its 52-week high of $38.64.
There are currently 40M shares of SKWD outstanding. The market cap of SKWD is $1.50B. In the last 24 hours, 2.49M 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 undervalued based on its P/E ratio of 13.24x, relative to Insurance - Property & Casualty industry P/E ratio of 17.51x
- SKWD may be undervalued based on its P/B ratio of 2.17x, relative to Insurance - Property & Casualty industry P/B ratio of 2.19x
- SKWD may be undervalued based on its PEG ratio of 0.11x
You can do more valuation research on SKWD's stock here.
SKWD Financial Health Overview
Positive Health Checks:
- SKWD earnings of $147.96M is not enough to cover its interest payments.
- SKWD's operating cash flow of $325.25M allows it to safely service it's debt of $118.92M.
- SKWD profit margin has gone up from 3.7% to 11.1% in the past year.
Negative Health Checks:
- SKWD has a relatively high debt to equity ratio of 3.6.
Is SKWD stock a Buy, Hold, or Sell, according to analysts?
Out of 7 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
Bill Carcache, a top 3% analyst from Wolfe Research initiates coverage on SKWD with a buy rating and announces their SKWD price target of $39.00, on Jan 11, 2024.
Gregory Peters, a top 4% analyst from Raymond James maintains SKWD with a strong buy rating and raises their SKWD price target from $36.00 to $40.00, on Dec 12, 2023.
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 $107.03M. In the past one years, SKWD's earnings have increased by 162.96% per year. This was faster than the Insurance - Property & Casualty industry average of 18.17%.
Last year, SKWD revenue was $961.01M. Over the last 1 years, SKWD's revenue has grown by 41.39% per year. This was faster than the Insurance - Property & Casualty industry average of 11.54%.
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.
Andrew S. Robinson, CHAIRMAN CEO of SKWD, was the latest SKWD insider to sell. They sold $511,750.99 worth of SKWD shares on Mar 12, 2024.
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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