The Baldwin Insurance Group, Inc. (NASDAQ:BWIN – Get Free Report) has been assigned an average recommendation of “Buy” from the five analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $43.60.
Several equities analysts recently weighed in on the stock. UBS Group increased their price target on shares of The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a “buy” rating in a report on Tuesday, August 13th. Wells Fargo & Company increased their price target on shares of The Baldwin Insurance Group from $34.00 to $39.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 7th. Jefferies Financial Group increased their price target on shares of The Baldwin Insurance Group from $38.00 to $46.00 and gave the stock a “hold” rating in a report on Wednesday. Keefe, Bruyette & Woods increased their price target on shares of The Baldwin Insurance Group from $40.00 to $46.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Finally, JPMorgan Chase & Co. increased their price target on shares of The Baldwin Insurance Group from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, July 11th.
Check Out Our Latest Stock Report on The Baldwin Insurance Group
Insider Buying and Selling at The Baldwin Insurance Group
The Baldwin Insurance Group Stock Up 2.6 %
NASDAQ:BWIN traded up $1.31 during mid-day trading on Wednesday, reaching $51.89. The company’s stock had a trading volume of 235,407 shares, compared to its average volume of 417,532. The Baldwin Insurance Group has a 1 year low of $17.33 and a 1 year high of $52.04. The business’s fifty day simple moving average is $46.02. The stock has a market capitalization of $6.10 billion, a price-to-earnings ratio of -56.26, a PEG ratio of 1.30 and a beta of 1.59. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.98 and a quick ratio of 0.98.
The Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01. The business had revenue of $339.80 million during the quarter, compared to analyst estimates of $334.95 million. The Baldwin Insurance Group had a negative net margin of 3.67% and a positive return on equity of 10.46%. The company’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.03 earnings per share. On average, analysts expect that The Baldwin Insurance Group will post 1.11 earnings per share for the current year.
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.
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