Skyward Specialty Insurance Group (NASDAQ:SKWD) Downgraded to Hold Rating by Jefferies Financial Group (2025)

Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) was downgraded by equities researchers at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research report issued on Friday, MarketBeat Ratings reports. They currently have a $59.00 price objective on the stock, down from their prior price objective of $62.00. Jefferies Financial Group's target price would suggest a potential upside of 12.32% from the company's current price.

A number of other analysts have also weighed in on the stock. Truist Financial increased their target price on shares of Skyward Specialty Insurance Group from $54.00 to $61.00 and gave the stock a "buy" rating in a report on Thursday, February 27th. JMP Securities reissued a "market outperform" rating and set a $60.00 target price on shares of Skyward Specialty Insurance Group in a research note on Monday, February 10th. Keefe, Bruyette & Woods dropped their price target on Skyward Specialty Insurance Group from $62.00 to $57.00 and set an "outperform" rating for the company in a research note on Wednesday. TD Cowen started coverage on shares of Skyward Specialty Insurance Group in a report on Monday, January 13th. They issued a "hold" rating and a $43.00 price target on the stock. Finally, Wolfe Research restated a "peer perform" rating on shares of Skyward Specialty Insurance Group in a report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $57.00.

Read Our Latest Stock Analysis on SKWD

Skyward Specialty Insurance Group Stock Performance

SKWD traded up $0.38 during midday trading on Friday, hitting $52.53. The stock had a trading volume of 543,473 shares, compared to its average volume of 379,845. The company has a market cap of $2.12 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 0.81 and a beta of 0.63. Skyward Specialty Insurance Group has a 1 year low of $33.27 and a 1 year high of $55.62. The business has a fifty day moving average of $50.56 and a 200 day moving average of $48.55.

Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) last issued its earnings results on Tuesday, February 25th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.03. The company had revenue of $304.40 million for the quarter, compared to analysts' expectations of $295.56 million. Skyward Specialty Insurance Group had a net margin of 12.24% and a return on equity of 16.39%. On average, equities research analysts anticipate that Skyward Specialty Insurance Group will post 3.05 earnings per share for the current year.

Insider Buying and Selling at Skyward Specialty Insurance Group

In other Skyward Specialty Insurance Group news, insider John A. Burkhart III sold 4,832 shares of Skyward Specialty Insurance Group stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $50.24, for a total value of $242,759.68. Following the completion of the sale, the insider now owns 17,655 shares of the company's stock, valued at approximately $886,987.20. This trade represents a 21.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gena L. Ashe sold 1,000 shares of the company's stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $50.62, for a total value of $50,620.00. Following the transaction, the director now directly owns 734 shares in the company, valued at approximately $37,155.08. The trade was a 57.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,132 shares of company stock worth $620,476. 8.01% of the stock is owned by insiders.

Hedge Funds Weigh In On Skyward Specialty Insurance Group

A number of hedge funds have recently bought and sold shares of the business. Sterling Capital Management LLC boosted its stake in shares of Skyward Specialty Insurance Group by 756.1% in the 4th quarter. Sterling Capital Management LLC now owns 916 shares of the company's stock worth $46,000 after buying an additional 809 shares during the last quarter. ORG Wealth Partners LLC bought a new position in Skyward Specialty Insurance Group in the fourth quarter valued at about $61,000. Summit Investment Advisors Inc. boosted its position in Skyward Specialty Insurance Group by 6.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 3,886 shares of the company's stock worth $196,000 after purchasing an additional 247 shares during the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Skyward Specialty Insurance Group during the 4th quarter valued at about $219,000. Finally, Pinnacle Financial Partners Inc purchased a new stake in shares of Skyward Specialty Insurance Group during the 4th quarter valued at about $220,000. Hedge funds and other institutional investors own 94.83% of the company's stock.

Skyward Specialty Insurance Group Company Profile

(Get Free Report)

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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