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Investing.com - Jefferies maintained its Hold rating and $52.00 price target on Skyward Specialty Insurance Group (NASDAQ:SKWD) following the company’s third-quarter 2025 results.
The firm highlighted that growth was the primary focus for Skyward in Q3, with the Agricultural business serving as the main driver of expansion. Jefferies noted that while the Global Property segment is contracting, several other divisions including Specialty, Accident & Health, Captives, and Surety demonstrate growth potential.
Jefferies expects the previously announced Apollo transaction to close in early first quarter of 2026. The firm anticipates this acquisition will create pressure on expense ratios due to business mix changes, though the overall growth outlook remains positive.
The research firm has incorporated the Apollo acquisition into its financial models beginning in the first quarter of 2026. The $52 price target represents a potential 14% return from current levels.
Skyward Specialty Insurance Group provides specialized commercial insurance products across multiple industries, with a growing focus on agricultural and specialty risk segments.
In other recent news, Skyward Specialty Insurance Group Inc. reported impressive financial results for the third quarter of 2025, surpassing analyst expectations. The company achieved earnings per share of $1.05, significantly higher than the projected $0.57, representing an 84.21% positive surprise. Additionally, Skyward Specialty’s revenue reached $606.51 million, more than double the anticipated $299 million. These results highlight the company’s strong performance in the recent quarter. The financial community has taken note, with the positive earnings report drawing attention from analysts. While specific analyst upgrades or downgrades were not mentioned, the substantial earnings beat underscores the company’s current financial health. These developments reflect a period of robust growth for Skyward Specialty, marking a noteworthy achievement in their recent operations.
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