The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Receives $47.17 Average PT from Brokerages

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) has been assigned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $47.17.

A number of equities analysts have issued reports on BWIN shares. UBS Group lifted their price target on 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. Keefe, Bruyette & Woods upped their price target on The Baldwin Insurance Group from $40.00 to $46.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. raised their price objective on The Baldwin Insurance Group from $45.00 to $54.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. William Blair upgraded shares of The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a research note on Thursday, October 17th. Finally, Wells Fargo & Company lowered their target price on shares of The Baldwin Insurance Group from $46.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, November 5th.

The Baldwin Insurance Group Trading Up 0.4 %

BWIN opened at $48.96 on Thursday. The firm has a fifty day moving average of $48.85. The Baldwin Insurance Group has a 1-year low of $17.33 and a 1-year high of $55.82. The company has a market capitalization of $5.76 billion, a P/E ratio of -76.50, a P/E/G ratio of 1.42 and a beta of 1.60. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35.

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