The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) have received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $47.17.

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price objective on The Baldwin Insurance Group from $45.00 to $54.00 and gave the company an “overweight” rating in a research report on Thursday, October 10th. UBS Group lifted their price objective on The Baldwin Insurance Group from $43.00 to $49.00 and gave the company a “buy” rating in a research report on Tuesday, August 13th. Keefe, Bruyette & Woods lifted their price objective on The Baldwin Insurance Group from $40.00 to $46.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. William Blair raised The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 17th. Finally, Jefferies Financial Group lifted their price objective on The Baldwin Insurance Group from $38.00 to $46.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th.

The Baldwin Insurance Group Stock Up 0.5 %

BWIN stock opened at $49.15 on Thursday. The Baldwin Insurance Group has a fifty-two week low of $18.21 and a fifty-two week high of $55.82. The business’s 50-day moving average is $48.86 and its two-hundred day moving average is $43.36. 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 cap of $5.78 billion, a price-to-earnings ratio of -76.80, a P/E/G ratio of 1.43 and a beta of 1.58.

The Baldwin Insurance Group (NASDAQ:BWIN) last posted its 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 negative net margin of 2.89% and a positive return on equity of 10.57%. The firm had revenue of $339.90 million during the quarter, compared to the consensus estimate of $346.43 million. During the same period in the prior year, the company posted $0.15 EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. As a group, analysts forecast that The Baldwin Insurance Group will post 1.03 earnings per share 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.