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Investing.com - BMO Capital has raised the price target on Skyward Specialty Insurance Group (NASDAQ:SKWD) to $52.00 from $50.00 while maintaining a Market Perform rating on the stock. The insurance company, currently trading at $48.65 with a market capitalization of $1.95 billion, has demonstrated strong financial health according to InvestingPro data.
The price target increase represents a 4% upward revision from the previous target set by the investment firm.
BMO Capital cited expectations for "a modestly lower core loss ratio" as one of the key factors supporting the higher valuation for the insurance company.
The firm also pointed to anticipated "expense ratio improvement" as contributing to its more positive outlook on Skyward’s financial performance.
BMO Capital has raised its financial estimates for Skyward Specialty Insurance Group by 4% through 2026, reflecting these improved operational metrics while maintaining its neutral Market Perform stance on the stock.
In other recent news, Skyward Specialty Insurance Group Inc. reported impressive financial results for the second quarter of 2025. The company announced earnings per share of $0.89, which significantly exceeded the forecast of $0.62. Revenue also surpassed expectations, reaching $584.93 million compared to the anticipated $286.22 million. These figures highlight a strong performance for Skyward Specialty, drawing attention from investors. The company’s robust earnings and revenue figures are notable developments in the financial landscape. Analyst firms have taken note of Skyward Specialty’s performance, although specific upgrades or downgrades were not mentioned in the recent reports. These recent developments are crucial for investors tracking the company’s financial health.
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