The Baldwin Insurance Group (NASDAQ:BWIN) Price Target Increased to $40.00 by Analysts at Keefe, Bruyette & Woods

The Baldwin Insurance Group (NASDAQ:BWIN) had its price target hoisted by Keefe, Bruyette & Woods from $34.00 to $40.00 in a research report report published on Friday morning, Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

Separately, Raymond James reissued a strong-buy rating and set a $45.00 price target (up previously from $40.00) on shares of The Baldwin Insurance Group in a research report on Wednesday, May 22nd.

The Baldwin Insurance Group Stock Performance

BWIN stock opened at $35.47 on Friday. The Baldwin Insurance Group has a 52 week low of $17.33 and a 52 week high of $36.02. The stock has a market capitalization of $4.17 billion, a P/E ratio of -38.55, a price-to-earnings-growth ratio of 0.94 and a beta of 1.59. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.90 and a current ratio of 0.90.

The Baldwin Insurance Group (NASDAQ:BWIN) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.11. The Baldwin Insurance Group had a negative net margin of 4.29% and a positive return on equity of 9.21%. The firm had revenue of $380.37 million during the quarter, compared to the consensus estimate of $375.30 million. As a group, analysts anticipate that The Baldwin Insurance Group will post 1.1 earnings per share for the current year.

Insider Buying and Selling

In other The Baldwin Insurance Group news, Director Lowry Baldwin sold 125,000 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $34.10, for a total value of $4,262,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 20.14% of the stock is currently owned by company insiders.

About The Baldwin Insurance Group

The Baldwin Insurance Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions.