Financials Skyward Specialty Insurance Group, Inc.

Equities

SKWD

US8309401029

Property & Casualty Insurance

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-08 pm EDT			5-day change	1st Jan Change
37.16 ^USD	-1.12%		+4.68%	+9.68%

May. 08	Keefe Bruyette & Woods Adjusts Skyward Specialty Insurance's Price Target to $46 From $44, Keeps Outperform Rating	MT
May. 07	Skyward Specialty Insurance Prices Secondary Common Stock Offering	MT

Valuation

Fiscal Period: December	2023	2024	2025	2026
Capitalization ¹	1,349	1,486	-	-
Enterprise Value (EV) ¹	1,349	1,486	1,486	1,486
P/E ratio	15.1 x	13.6 x	12.6 x	11.4 x
Yield	-	-	-	-
Capitalization / Revenue	1.52 x	1.34 x	1.22 x	1.14 x
EV / Revenue	1.52 x	1.34 x	1.22 x	1.14 x
EV / EBITDA	-	-	-	-
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Price to Book	2.12 x	2 x	1.74 x	1.5 x
Nbr of stocks (in thousands)	39,828	39,995	-	-
Reference price ²	33.88	37.16	37.16	37.16
Announcement Date	2/20/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	642.4	886	1,110	1,222	1,300
EBITDA	-	-	-	-	-
EBIT	-	-	-	-	-
Operating Margin	-	-	-	-	-
Earnings before Tax (EBT) ¹	49.78	110.1	150.3	157.7	174
Net income ¹	20.52	84.31	118.1	124.1	136
Net margin	3.19%	9.52%	10.65%	10.16%	10.46%
EPS ²	1.210	2.240	2.738	2.942	3.260
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	2/28/23	2/20/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	-	187.4	189.9	210.5	239.2	246.3	265	277	290.4	279.4	299.8	295.3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	25.96	19.72	25.02	27.8	37.57	46.98	34.37	30.79	37.58	40.43	39.05
Net income ¹	-2.399	10.66	14.28	19.45	21.71	29.26	36.78	26.92	24.23	29.66	31.84	30.76
Net margin	-	5.69%	7.52%	9.24%	9.08%	11.88%	13.88%	9.72%	8.34%	10.61%	10.62%	10.42%
EPS ²	-0.1500	0.6300	0.4200	0.5100	0.5700	0.7400	0.9000	0.6467	0.5800	0.7067	0.7600	0.7300
Dividend per Share	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	11/14/22	2/28/23	5/9/23	8/8/23	11/6/23	2/20/24	5/1/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	13.8%	14.9%	16.1%	15.1%	14.3%
ROA (Net income/ Total Assets)	-	3.17%	3.6%	3.3%	-
Assets ¹	-	2,658	3,282	3,762	-
Book Value Per Share ²	12.90	16.00	18.60	21.40	24.80
Cash Flow per Share	-	-	-	-	-
Capex	-	-	-	-	-
Capex / Sales	-	-	-	-	-
Announcement Date	2/28/23	2/20/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Skyward Specialty Insurance Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

37.16 USD

Average target price

44.38 USD

Spread / Average Target

+19.42%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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