Brokerages Set The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Target Price at $47.17

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

BWIN has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective 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. William Blair raised shares of The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, October 17th. UBS Group boosted their target price on shares of The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a “buy” rating in a research note on Tuesday, August 13th. JPMorgan Chase & Co. raised their price target 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. Finally, Wells Fargo & Company lowered their price objective on The Baldwin Insurance Group from $46.00 to $43.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 5th.

The Baldwin Insurance Group Price Performance

Shares of BWIN opened at $49.08 on Thursday. The company’s 50-day moving average is $48.88. The firm has a market capitalization of $5.77 billion, a PE ratio of -76.69, a PEG ratio of 1.42 and a beta of 1.60. The Baldwin Insurance Group has a 1-year low of $17.50 and a 1-year high of $55.82. 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 announced its earnings results on Monday, November 4th. The company reported $0.33 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 firm had revenue of $339.90 million for the quarter, compared to analysts’ expectations of $346.43 million. During the same quarter last year, the business earned $0.15 earnings per share. The business’s revenue was up 11.0% compared to the same quarter last year. As a group, sell-side analysts expect that The Baldwin Insurance Group will post 1.03 earnings per share for the current fiscal 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.