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

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) has earned an average rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $47.17.

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

The Baldwin Insurance Group Price Performance

The Baldwin Insurance Group stock opened at $48.96 on Thursday. The Baldwin Insurance Group has a 1 year low of $17.33 and a 1 year high of $55.82. The firm’s 50 day moving average is $48.85. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $5.76 billion, a PE ratio of -76.50, a P/E/G ratio of 1.42 and a beta of 1.60.

The Baldwin Insurance Group (NASDAQ:BWIN) last announced its quarterly earnings results on Monday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The Baldwin Insurance Group had a negative net margin of 2.89% and a positive return on equity of 10.57%. The company had revenue of $339.90 million during the quarter, compared to the consensus estimate of $346.43 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business’s revenue was up 11.0% on a year-over-year basis. As a group, equities analysts expect 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.