Skyward Specialty Insurance Group, Inc. Common Stock

Skyward Specialty Insurance Group, Inc. Common Stock

SKWD · NASDAQ · Financial Services / Insurance - Property & Casualty

63.02USD+0.35 (+0.56%)

Price History

Full chart

Market Stats

Previous Close62.67
Open63.02
Day Range62.70 – 63.78
52-Week Range40.60 – 65.69
Volume327.25K
Market Cap2.38B
P/E (TTM)12.46
Forward P/E9.90
EPS4.30
Dividend Yield0.00%
Beta0.32
50-Day Avg58.62
200-Day Avg50.46

About

Skyward Specialty Insurance Group, Inc., an insurance holding company, provides commercial property and casualty insurance coverages in the United States. It offers general liability, excess liability, and professional liability, as well as cyber and media liability insurance; commercial auto, group accident and health, property, agriculture, credit, and surety and workers' compensation; and property, agriculture, and credit specialty reinsurance. The company was formerly known as Houston International Insurance Group, Ltd. and changed its name to Skyward Specialty Insurance Group, Inc. in November 2020. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is based in Houston, Texas.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. Andrew Scott Robinson
  • Employees611
  • Headquarters800 Gessner Road, Houston, TX, United States, 77024-4284, USA
  • Websitehttps://skywardinsurance.com

Leadership

  • Mr. Andrew Scott RobinsonChairman of the Board & CEO · b. 1966
  • Mr. Mark William Haushill CPAChief Financial Officer · b. 1962
  • Ms. Patricia Anne RyanChief Legal Officer and Corporate Secretary · b. 1970
  • Mr. Sandip A. Kapadia FCAS, MAAAPresident of Reinsurance & Head of Actuarial · b. 1981
  • Mr. John Ambrose BurkhartExecutive VP & President of U.S. Property & Casualty · b. 1970
  • Mr. Daniel Paul K. BodnarChief Information & Technology Officer · b. 1967
  • Ms. Jordan ArnoldVice President of Investor Relations
  • Ms. Haley DoughtyVP of Communications & Chief Marketing Officer
  • Mr. S. Shakoor KhanChief Strategy & Corporate Development Officer · b. 1979
  • Mr. Kirby Allen HillExecutive VP and Chairman of Captives & Specialty Programs · b. 1965

Financials

Income Statement

Currency: USD2012-12-312013-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue98.37M218.24M447.89M535.82M636.40M895.40M1.15B1.41B
Growth (%)-+121.85%+105.23%+19.63%+18.77%+40.70%+28.17%+23.18%
Cost of Revenue--399.15M401.47M468.21M623.75M819.78M795.02M
Gross Profit98.37M218.24M48.73M134.35M168.20M271.65M327.89M622.11M
Gross Margin100.00%100.00%10.88%25.07%26.43%30.34%28.57%44.01%
Operating Expense97.85M197.19M143.27M86.04M118.42M161.55M175.15M405.68M
Operating Income523.00K21.05M-94.53M48.31M49.78M110.10M152.74M216.42M
Operating Margin0.53%9.64%-21.11%9.02%7.82%12.30%13.31%15.31%
EBITDA1.43M16.74M-83.02M58.53M60.29M124.02M165.59M227.88M
EBITDA Margin1.45%7.67%-18.53%10.92%9.47%13.85%14.43%16.12%
Net Income-1.24M10.88M-74.64M38.32M39.40M85.98M118.83M170.03M
Net Income Margin-1.26%4.98%-16.67%7.15%6.19%9.60%10.35%12.03%
Interest Expense--5.53M4.62M6.41M10.02M9.50M7.92M
Interest Expense % of Total Revenue--1.24%0.86%1.01%1.12%0.83%0.56%

Balance Sheet

Currency: USD2012-12-312013-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-934.56M487.16M2.12B2.37B2.95B3.73B4.79B
Total Liabilities-736.28M411.35M1.69B1.95B2.29B2.94B3.78B
Total Equity-198.28M75.81M426.08M421.66M661.03M794.00M1.01B
Cash-77.18M15.86M42.11M45.44M65.89M121.60M168.54M
Total Debt-99.79M32.11M128.53M167.67M128.69M119.54M119.98M
Net Debt-22.61M16.25M86.42M83.17M62.80M-2.07M-48.56M

Cash Flow

Currency: USD2012-12-312013-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-44.71M44.71M175.28M208.94M338.19M305.12M408.08M
Investing Cash Flow--74.93M-74.93M-183.01M-193.38M-493.81M-243.69M-366.90M
Financing Cash Flow-56.30M56.30M1.38M2.18M130.95M-4.23M411.00K
Capital Expenditure02.07M2.07M2.15M2.33M3.16M4.22M5.45M
Free Cash Flow--42.64M173.13M206.61M335.03M300.89M402.62M
FCF to OCF--95.37%98.77%98.89%99.07%98.62%98.66%

Earnings

Report DateAug 19, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 6, 2023Feb 20, 2024May 1, 2024Aug 5, 2024Oct 29, 2024Feb 25, 2025May 1, 2025Jul 30, 2025Oct 29, 2025Feb 23, 2026May 6, 2026Aug 4, 2026Nov 4, 2026
EPS Estimate0.000.260.340.390.360.570.640.650.650.650.770.870.890.771.111.151.20
EPS Actual0.330.360.420.420.650.610.750.800.710.800.900.891.051.171.251.30-
Surprise-38.46%23.53%7.69%80.56%7.02%17.19%23.08%9.23%23.08%16.88%2.30%17.98%51.95%12.61%13.04%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap2.38B
Enterprise Value2.65B
Trailing P/E12.46
Forward P/E9.90
PEG Ratio0.72
Price / Sales1.37
Price / Book1.92
EPS4.30
Book Value28.55
Revenue (TTM)1.73B
Gross Profit (TTM)528.03M
EBITDA296.10M
Profit Margin10.84%
Operating Margin14.78%
Return on Equity17.34%
Return on Assets3.10%
Shares Outstanding44.40M
Shares Float40.58M
Beta0.32
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 12 analystsTarget 70.55
  • Strong Buy
    3
  • Buy
    4
  • Hold
    5

Ownership Breakdown

Institutions
92.10%
Insiders
8.18%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    3.33M7.50%
  • Reinhart Mahoney Capital Management Inc
    2.89M6.52%
  • Amvescap Plc.
    1.80M4.04%
  • T. Rowe Price Associates, Inc.
    1.74M3.91%
  • Vanguard Capital Management, LLC
    1.67M3.76%
  • Westwood Holdings Group Inc
    1.33M2.99%
  • American Century Companies Inc
    1.23M2.77%
  • State Street Corp
    1.05M2.37%
  • Polar Capital Holdings PLC
    1.00M2.25%
  • Geode Capital Management, LLC
    998.29K2.25%
  • Wasatch Advisors LP
    954.49K2.15%
  • Dimensional Fund Advisors, Inc.
    918.17K2.07%
  • Qube Research & Technologies
    871.87K1.96%
  • Capital Research & Mgmt Co - Division 3
    719.99K1.62%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    1.17M2.64%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.17M2.63%
  • iShares Russell 2000 ETF
    1.07M2.41%
  • Polar Capital Global Ins A Inc
    1.00M2.25%
  • T. Rowe Price Integrated US Sm Gr Eq
    962.23K2.17%
  • American Funds SMALLCAP World A
    700.20K1.58%