Skyward Specialty Insurance Group Inc

Skyward Specialty Insurance Group, Inc. is a holding company, which engages in the provision of commercial property and casualty products and solutions on a non-admitted and admitted basis. It specializes in the healthcare professional liability, industry solutions, management and professional liability, medical stop-loss, programs and captive solutions, specialty property and liability, and surety. The company was founded by Stephen Lyndon Way on January 3, 2006 and is headquartered in Houston, TX.

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Skyward Specialty Insurance Group Reports Strong Q1 2023 Performance

Skyward Specialty Insurance Group delivered strong financial performance in Q1 2023, with notable growth in key divisions. The company remains disciplined in pricing and retention, while cautiously navigating challenges such as social inflation and property pricing. Opportunities lie in talent acquisition and the expansion of the surety business.

Skyward Specialty Reports Strong Q2 Earnings Amid Challenges and Opportunities

SKWD's Q2 2023 performance reflects strong growth in premiums and net income, alongside successful execution of a secondary stock offering. However, challenges include a decrease in net retention and a decline in net investment income. Opportunities lie in optimizing risk-adjusted pricing and enhancing surety capabilities.

Skyward Specialty Insurance reports exceptional Q3 performance and growth

Skyward Specialty Insurance had an exceptional quarter with significant growth in premiums and a strong balance sheet. The company expressed confidence in their reserve position and ongoing investments in the Surety space. Challenges included expense ratios and business mix, while opportunities were identified in the agricultural business and catastrophe loss management.

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TORONTO--(BUSINESS WIRE)--Westaim announces pricing of Skyward Specialty's secondary offering.

Westaim Announces Pricing of Skyward Specialty's Secondary Offering

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50. In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock. The Selling Stockholder will hold 4.80% and 6.45% in Skyward Specialty, assuming full and no exercise of the underwriters' option to purchase the additional shares, respectively.

Skyward Specialty Announces Pricing of Its Secondary Offering of Its Common Stock

TORONTO--(BUSINESS WIRE)--Westaim announces sale of Skyward Specialty shares under secondary offering.

Westaim Announces Sale of Skyward Specialty Shares Under Secondary Offering

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced that The Westaim Corporation (“Westaim”), through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) is offering 4,400,000 shares of the Company's common stock in an underwritten secondary public offering. In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock. The Selling Stockholder will be a 4.80% and 6.45% shareholder in Skyward Specialty, assuming full and no exercise of the underwriters' option to purchase the additional shares, respectively.

Skyward Specialty Announces Secondary Offering of Its Common Stock

Start Time: 10:00 January 1, 0000 10:56 AM ET Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD ) Q1 2024 Earnings Conference Call May 02, 2024, 10:00 AM ET Company Participants Andrew Robinson - CEO Mark Haushill - EVP and CFO Natalie Schoolcraft - Head, IR Conference Call Participants Mark Hughes - Truist Securities Paul Newsome - Piper Sandler Greg Peters - Raymond James Matt Carletti - Citizens JMP Meyer Shields - KBW Yaron Kinar - Jefferies Bill Carcache - Wolfe Research Michael Zaremski - BMO Operator Good day and thank you for standing by. Welcome to the First Quarter 2024 Skyward Specialty Earnings Conference Call.

Skyward Specialty Insurance Group, Inc. (SKWD) Q1 2023 Earnings Call Transcript

Skyward (SKWD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Skyward (SKWD) a New Strong Buy Stock

The headline numbers for Skyward (SKWD) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Skyward (SKWD) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Skyward Specialty Insurance (SKWD) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.42 per share a year ago.

Skyward Specialty Insurance (SKWD) Q1 Earnings and Revenues Surpass Estimates

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported first quarter 2024 net income of $36.8 million, or $0.90 per diluted share, compared to $15.6 million, or $0.42 per diluted share. for the same 2023 period.

Skyward Specialty Insurance Group Reports First Quarter 2024 Results

Skyward (SKWD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Skyward Specialty Insurance (SKWD) Earnings Expected to Grow: Should You Buy?

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Skyward (SKWD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Skyward (SKWD) Beat Estimates Again in Its Next Earnings Report?

Does Skyward Specialty Insurance (SKWD) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Skyward Specialty Insurance (SKWD) is a Great Choice

HOUSTON, April 08, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its first quarter 2024 earnings results after the market closes on Wednesday, May 1, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

Skyward Specialty to Host First Quarter 2024 Earnings Call Thursday, May 2, 2024

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HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty") a leader in the specialty property and casualty market, and New Heights Insurance Solutions (“New Heights”), a division of Specialty Program Group LLC, announced a strategic partnership to expand crane and millwright capabilities for both companies.

Skyward Specialty and New Heights Partner to Broaden Crane and Rigging Products, Offerings

Skyward (SKWD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Skyward Specialty Insurance Group, Inc. (SKWD) Hits Fresh High: Is There Still Room to Run?

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IPO Stock Of The Week: Insurance leader Skyward Specialty is in a new buy area after mixed fourth-quarter earnings results.

IPO Stock Of The Week: Insurance Leader Skyward In Buy Zone

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, recognized six of its business leaders with elevated titles to fully reflect their contributions. Each of these six leaders oversee units that have delivered impressive returns on capital and growth, with each now at a size and scale that substantially contributes to the Company's earnings.

Skyward Specialty Recognizes Key Business Leaders in Wake of Continued Top-Tier Performance

Skyward Specialty Insurance (SKWD) is a Great Momentum Stock: Should You Buy?

Skyward (SKWD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Skyward (SKWD) Moves to Strong Buy: Rationale Behind the Upgrade

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