TWFG (TWFG) to Release Quarterly Earnings on Tuesday

TWFG (NASDAQ:TWFG) is set to release its earnings data after the market closes on Tuesday, November 12th. Analysts expect TWFG to post earnings of $0.17 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

TWFG (NASDAQ:TWFG) last posted its quarterly earnings results on Tuesday, August 27th. The company reported $14.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.74 by $11.15. The company had revenue of $53.27 million for the quarter, compared to the consensus estimate of $51.86 million. On average, analysts expect TWFG to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TWFG Trading Up 1.0 %

Shares of TWFG stock opened at $33.37 on Friday. TWFG has a fifty-two week low of $21.31 and a fifty-two week high of $35.40. The company has a quick ratio of 33.75, a current ratio of 33.76 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $29.31.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group started coverage on shares of TWFG in a report on Monday, August 12th. They issued a “buy” rating and a $29.00 price target on the stock. Morgan Stanley began coverage on TWFG in a report on Monday, August 12th. They set an “equal weight” rating and a $23.00 price target on the stock. Keefe, Bruyette & Woods lifted their price objective on TWFG from $27.00 to $28.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 4th. DOWLING & PARTN upgraded TWFG to a “hold” rating in a report on Wednesday, September 11th. Finally, William Blair initiated coverage on shares of TWFG in a report on Wednesday, August 21st. They issued an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $27.86.

About TWFG

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.