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

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Skyward Specialty Insurance Group reports strong Q1 performance and growth opportunities

Skyward Specialty Insurance Group Inc's Q1 2023 earnings call highlighted strong financial performance, growth in key divisions, and a cautious approach towards exposure and pricing. The company is focused on attracting talent and pursuing quality growth opportunities while navigating challenges in social inflation and scaling.

Skyward Specialty excels in Q2 earnings, poised for market growth

Skyward Specialty Insurance Group Inc's Q2 performance was marked by strong underwriting results, premium growth, and increased investment income.
While challenges like decreased net retention and market concentration risks exist, the company's successful talent investments and pricing strategies present opportunities for growth.
Overall, Skyward Specialty's robust financial performance and strategic focus position it well for future market opportunities and sustained success.

Skyward Specialty Insurance Group excels in Q3 2023 earnings

Skyward Specialty Insurance Group delivered outstanding financial performance in Q3 2023, showcasing growth, improved ratios, and strategic balance sheet management. While challenges exist in expense ratios, the company's strengths in underwriting and risk management provide a solid foundation for growth.

Skyward Specialty posts robust Q4 earnings, eyes balanced growth

Skyward Specialty Insurance Group's Q4 2023 performance reflects strong financial results, driven by growth in premiums and improved underwriting efficiency.
The company's strategic strengths lie in its niche focus, record growth, and agile resource allocation, positioning it for continued success.
While challenges such as reinsurance seating levels and optimizing business mix exist, opportunities for growth and profitability in 2024 are promising.

Skyward Specialty reports strong Q1 results amidst market challenges

Skyward Specialty Insurance Group Inc delivered a robust Q1 performance with strong underwriting results and premium growth across divisions.
While facing challenges in commercial auto rates and tightening market conditions, the company is strategically positioned to capitalize on growth opportunities.
By emphasizing risk management, employee engagement, and strategic growth initiatives, Skyward Specialty is poised for continued success in the specialty insurance market.

Skyward Specialty reports strong Q3 earnings, eyes growth opportunities

Skyward Specialty Insurance Group Inc (SKWD) delivered a robust performance in Q3 2024, marked by increased operating income and net income. The company's disciplined underwriting approach, investment strategies, and employee-centric culture are key strengths. While facing challenges in certain market segments, Skyward Specialty is well-positioned to capitalize on growth opportunities and drive continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HOUSTON, Nov. 14, 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, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company's Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences industry.

Skyward Specialty Launches New Life Sciences Liability Insurance Product

Skyward Specialty Insurance Group has shown good financial performance, with increasing gross premiums, investment income, and net income, despite impacts from hurricanes. The combined ratio remains stable and better than the industry average but needs monitoring for future trends. Skyward's balance sheet is conservatively managed, with a focus on high-quality fixed income securities, minimizing investment risk.

Skyward Specialty Shows Solid Growth

Improving top line, expanding margins and sufficient financial flexibility continue to drive SKWD.

Skyward Specialty Stock Gains 48% YTD: Time to Buy or Hold?

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) Soars to 52-Week High, Time to Cash Out?

Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Andrew Robinson - Chairman & CEO Mark Haushill - CFO Natalie Schoolcraft - Head of IR Conference Call Participants Matt Carletti - Citizens JMP Gregory Peters - Raymond James Paul Newsome - Piper Sandler Yaron Kinar - Jefferies Meyer Shields - KBW Mark Hughes - Truist Securities Michael Zaremski - BMO Capital Markets Michael Phillips - Oppenheimer and Co. Alex Scott - Barclays Operator Good day, and thank you for standing by. Welcome to the Q3 2024 Skyward Specialty Earnings Conference Call.

Skyward Specialty Insurance Group, Inc. (SKWD) Q3 2024 Earnings Call Transcript

Kinsale Capital Group

Investors interested in Insurance - Property and Casualty stocks are likely familiar with Skyward Specialty Insurance (SKWD) and Kinsale Capital Group, Inc. (KNSL). But which of these two companies is the best option for those looking for undervalued stocks?

SKWD or KNSL: Which Is the Better Value Stock Right Now?

Although the revenue and EPS for Skyward (SKWD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Skyward (SKWD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Skyward Specialty Insurance (SKWD) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.65 per share a year ago.

Skyward Specialty Insurance (SKWD) Tops Q3 Earnings and Revenue Estimates

HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") today announced a time change of its previously announced third quarter earnings call. The conference call and webcast will still be held on Wednesday, October 30, but will now begin at 9:30 a.m. EDT, rather than the previously scheduled time of 8:30 a.m EDT.

Skyward Specialty Announces Time Change for Third Quarter Earnings Call on Wednesday, October 30, 2024

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

Skyward Specialty's third-quarter results are likely to benefit from higher premiums and net investment income.

Should SKWD Stock Be in Your Portfolio Ahead of Q3 Earnings?

Greenland Technologies Holding Corporation

Rush Enterprises

GTEC, RUSHA and SKWD made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 23, 2024.

Best Value Stocks to Buy for October 23rd

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) Expected to Beat Earnings Estimates: 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) Upgraded to Strong Buy: What Does It Mean for the Stock?

Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Skyward Specialty Insurance (SKWD) or Kinsale Capital Group, Inc. (KNSL). But which of these two companies is the best option for those looking for undervalued stocks?

SKWD vs. KNSL: Which Stock Is the Better Value Option?

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?

HOUSTON, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its third quarter 2024 earnings results after the market closes on Tuesday, October 29 which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

Skyward Specialty to Host Third Quarter 2024 Earnings Call Wednesday, October 30, 2024

Skyward Specialty Insurance Group, Inc. (SKWD) Hit a 52 Week High, Can the Run Continue?

HOUSTON, Oct. 02, 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 expansion of its renewable energy solutions.

Skyward Specialty Expands Renewable Energy Coverage Solutions

The positive analyst sentiment surrounding the stock, the company's growth prospects and its VGM Score of B make SKWD a solid investment bet.

Skyward Specialty Near 52-Week High: Should You Buy the Stock?

TORONTO--(BUSINESS WIRE)--Westaim completes sale of remaining interest in Skyward Specialty.

Westaim Completes Sale of Remaining Interest in Skyward Specialty

Heritage Insurance Hlds

ProAssurance

Amid heightened market volatility investors may want to consider several insurance stocks that have made their way onto the coveted Zacks Rank #1 (Strong Buy) list.

Time to Buy These Top Insurance Stocks Amid Heightened Market Volatility

HOUSTON, Sept. 05, 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, is proud to announce it has been recognized as one of the Best Places to Work in Insurance for 2024, as determined by Business Insurance and Best Companies Group, for its second consecutive year. This prestigious award underscores Skyward Specialty's ongoing commitment to cultivating an exceptional workplace culture that fosters innovation, inclusion and professional growth.

Skyward Specialty Earns “Best Places to Work in Insurance” Recognition for 2024

Skyward Specialty Insurance is in buy range from a flat base and near its all time high of 41.15.

Insurance Company Darts Higher Amid Strong Profit Estimates

Strategic Partnership Further Bolsters Bishop Street's Differentiated MGA Platform with Proven Underwriting Capabilities and Expanded Product Development Across Niche Markets Strategic Partnership Further Bolsters Bishop Street's Differentiated MGA Platform with Proven Underwriting Capabilities and Expanded Product Development Across Niche Markets

News for Skyward Specialty Insurance Group Inc Stock (SKWD)