The Baldwin Insurance Group, Inc. (NASDAQ:BWIN – Get Free Report)’s share price reached a new 52-week high on Monday after Keefe, Bruyette & Woods raised their price target on the stock from $34.00 to $40.00. Keefe, Bruyette & Woods currently has an outperform rating on the stock. The Baldwin Insurance Group traded as high as $36.26 and last traded at $36.26, with a volume of 260923 shares. The stock had previously closed at $35.47.
Separately, Raymond James reaffirmed a “strong-buy” rating and set a $45.00 price objective (up previously from $40.00) on shares of The Baldwin Insurance Group in a research report on Wednesday, May 22nd.
Get Our Latest Analysis on BWIN
Insider Buying and Selling
The Baldwin Insurance Group Stock Performance
The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.21.
The Baldwin Insurance Group (NASDAQ:BWIN – Get Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $380.37 million for the quarter, compared to the consensus estimate of $375.30 million. As a group, equities research analysts anticipate that The Baldwin Insurance Group, Inc. will post 1.1 EPS for the current fiscal 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.
Featured Articles
- Five stocks we like better than The Baldwin Insurance Group
- What is a Bond Market Holiday? How to Invest and Trade
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- 5 Top Rated Dividend Stocks to Consider
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for The Baldwin Insurance Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Baldwin Insurance Group and related companies with MarketBeat.com's FREE daily email newsletter.