Skyward Specialty Insurance Group Reports Third Quarter 2024 Results
Skyward Specialty Insurance Group, Inc. (SKWD)
Company Research
Source: GlobeNewswire
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported third quarter 2024 net income of $36.7 million, or $0.89 per diluted share, compared to $21.7 million, or $0.57 per diluted share, for the same 2023 period. Net income for the first nine months of 2024 was $104.4 million, or $2.53 per diluted share, compared to $56.7 million, or $1.50 per diluted share, for the same 2023 period. Adjusted operating income(1) for the third quarter of 2024 was $29.4 million, or $0.71 per diluted share, compared to $25.0 million, or $0.65 per diluted share, for the same 2023 period. Adjusted operating income(1) for the first nine months of 2024 was $93.4 million, or $2.26 per diluted share, compared to $56.5 million, or $1.49 per diluted share, for the same 2023 period. Highlights for the third quarter included: Gross written premiums of $400.0 million an increase of 12.4% compared t
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News
- Skyward Specialty Launches New Life Sciences Liability Insurance ProductGlobeNewswire
- Skyward Specialty Stock Gains 48% YTD: Time to Buy or Hold? [Yahoo! Finance]Yahoo! Finance
- Skyward Specialty Insurance Group, Inc. (SKWD) Soars to 52-Week High, Time to Cash Out? [Yahoo! Finance]Yahoo! Finance
- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) had its price target raised by analysts at Raymond James from $45.00 to $55.00. They now have a "strong-buy" rating on the stock.MarketBeat
- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) had its price target raised by analysts at JMP Securities from $50.00 to $53.00. They now have a "market outperform" rating on the stock.MarketBeat
SKWD
Earnings
- 10/29/24 - Beat
SKWD
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- SKWD's page on the SEC website