The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Given Consensus Rating of “Moderate Buy” by Brokerages

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $47.17.

A number of research analysts have commented on BWIN shares. UBS Group lifted their price objective on shares of The Baldwin Insurance Group from $43.00 to $49.00 and gave the company a “buy” rating in a research note on Tuesday, August 13th. Wells Fargo & Company reduced their price objective on The Baldwin Insurance Group from $46.00 to $43.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 5th. Keefe, Bruyette & Woods lifted their target price on The Baldwin Insurance Group from $40.00 to $46.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Jefferies Financial Group upped their price target on The Baldwin Insurance Group from $38.00 to $46.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Finally, William Blair raised The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a report on Thursday, October 17th.

Insider Activity at The Baldwin Insurance Group

In related news, Director Lowry Baldwin sold 50,000 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $46.74, for a total value of $2,337,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 20.14% of the company’s stock.

The Baldwin Insurance Group Price Performance

Shares of NASDAQ:BWIN opened at $48.76 on Thursday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98. The Baldwin Insurance Group has a 12 month low of $17.33 and a 12 month high of $55.82. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of -76.19, a P/E/G ratio of 1.41 and a beta of 1.60. The stock’s fifty day moving average is $48.89.

The Baldwin Insurance Group (NASDAQ:BWIN) last posted its earnings results on Monday, November 4th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The firm had revenue of $339.90 million for the quarter, compared to analyst estimates of $346.43 million. The Baldwin Insurance Group had a positive return on equity of 10.57% and a negative net margin of 2.89%. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS. On average, sell-side analysts anticipate that The Baldwin Insurance Group will post 1.03 EPS for the current year.

The Baldwin Insurance Group Company Profile

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.