Skyward Specialty Completes Apollo Acquisition and Equity Issuance

Skyward Specialty Insurance Group, Inc. ( (SKWD) ) has provided an announcement.

On December 30, 2025, Skyward Specialty entered into a new unsecured senior delayed draw term loan facility totaling $300 million, split between Tranche A maturing January 1, 2028 and Tranche B maturing July 2, 2029, with pricing tied to term SOFR or a base rate plus a margin, and customary covenants on leverage, capital, ratings and liquidity, as well as a related guaranty from most non-insurance subsidiaries and an amendment to its existing credit agreement to permit pre-funding of revolving loans. Using proceeds from this new facility and its existing credit agreement, the company completed the previously announced acquisition of U.K.-based Apollo Group Holdings Limited on the January 2, 2026 closing date, paying roughly $555 million through $371 million in cash and the issuance of 3.68 million common shares, a move that expands Skyward Specialty’s presence at Lloyd’s of London and broadens its product and geographic reach in specialty insurance markets.

The most recent analyst rating on (SKWD) stock is a Buy with a $69.00 price target. To see the full list of analyst forecasts on Skyward Specialty Insurance Group, Inc. stock, see the SKWD Stock Forecast page.

Spark’s Take on SKWD Stock

According to Spark, TipRanks’ AI Analyst, SKWD is a Outperform.

Skyward Specialty Insurance Group, Inc. exhibits strong financial performance and strategic growth initiatives, particularly through the Apollo acquisition. While technical indicators suggest a bearish trend, the company’s robust earnings and strategic positioning provide a favorable outlook. The valuation is reasonable, and recent corporate events further bolster the company’s growth prospects.

To see Spark’s full report on SKWD stock, click here.

More about Skyward Specialty Insurance Group, Inc.

Skyward Specialty Insurance Group, Inc. is a rapidly growing specialty insurance company focused on commercial property and casualty products and solutions offered on both non-admitted and admitted bases. It operates through nine underwriting divisions—Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S—and writes business through several A.M. Best A (Excellent) rated carriers, including Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company and Oklahoma Specialty Insurance Company; its shares trade on the Nasdaq Global Select Market under the ticker SKWD.

Average Trading Volume: 368,478

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.04B

For detailed information about SKWD stock, go to TipRanks’ Stock Analysis page.