William Blair analyst Adam Klauber has maintained their bullish stance on SKWD stock, giving a Buy rating today.
Adam Klauber has given his Buy rating due to a combination of factors including Skyward Specialty Insurance Group, Inc.’s strong earnings potential and strategic positioning. The company is expected to surpass earnings expectations, driven by robust top-line growth and stable margin performance.
Skyward’s premium growth is anticipated to benefit from rising demand for specialty and excess and surplus (E&S) coverage. Additionally, the company’s focus on less volatile lines and a conservative reserving strategy supports consistent margins. With earnings projected to reach $3.50 by 2025, the stock’s current valuation appears attractive compared to its peers, suggesting potential for continued outperformance.
Klauber covers the Financial sector, focusing on stocks such as Skyward Specialty Insurance Group, Inc., GooseHead Insurance, and Baldwin Insurance Group. According to TipRanks, Klauber has an average return of 12.0% and a 59.77% success rate on recommended stocks.
In another report released today, KBW also maintained a Buy rating on the stock with a $60.00 price target.