The Baldwin Insurance Group (BWIN) to Release Earnings on Tuesday

The Baldwin Insurance Group (NASDAQ:BWIN) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, August 6th. Analysts expect the company to announce earnings of $0.33 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

The Baldwin Insurance Group (NASDAQ:BWIN) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.11. The business had revenue of $380.37 million during the quarter, compared to the consensus estimate of $375.30 million. The Baldwin Insurance Group had a positive return on equity of 9.21% and a negative net margin of 4.29%. On average, analysts expect The Baldwin Insurance Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

The Baldwin Insurance Group Trading Down 4.2 %

Shares of BWIN opened at $41.40 on Monday. The business has a fifty day moving average price of $36.95. The Baldwin Insurance Group has a twelve month low of $17.33 and a twelve month high of $44.87. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.21. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of -45.00, a P/E/G ratio of 1.18 and a beta of 1.58.

Insider Activity

In other The Baldwin Insurance Group news, Director Lowry Baldwin sold 125,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of $34.10, for a total value of $4,262,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 20.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BWIN shares. JPMorgan Chase & Co. raised their price objective on The Baldwin Insurance Group from $33.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, July 11th. Raymond James restated a “strong-buy” rating and issued a $45.00 price target (up previously from $40.00) on shares of The Baldwin Insurance Group in a report on Wednesday, May 22nd. UBS Group boosted their price objective on shares of The Baldwin Insurance Group from $37.00 to $43.00 and gave the stock a “buy” rating in a research note on Tuesday, July 9th. Finally, Keefe, Bruyette & Woods raised their target price on shares of The Baldwin Insurance Group from $34.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 28th.

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.