Baldwin Insurance Group (NASDAQ:BWIN) Releases Earnings Results, Misses Estimates By $0.01 EPS

Baldwin Insurance Group (NASDAQ:BWIN) announced its earnings results on Monday. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01), FiscalAI reports. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%. The company had revenue of $480.26 million during the quarter, compared to analysts’ expectations of $492.65 million. During the same quarter last year, the firm posted $0.31 EPS. Baldwin Insurance Group’s revenue for the quarter was up 31.4% compared to the same quarter last year.

Baldwin Insurance Group Price Performance

Shares of NASDAQ:BWIN traded up $0.17 during midday trading on Monday, hitting $32.15. The company had a trading volume of 960,725 shares, compared to its average volume of 1,923,038. The stock has a market cap of $4.48 billion, a price-to-earnings ratio of -30.91, a price-to-earnings-growth ratio of 1.03 and a beta of 0.98. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.07 and a quick ratio of 1.07. The business’s 50-day simple moving average is $31.57 and its 200-day simple moving average is $25.27. Baldwin Insurance Group has a twelve month low of $15.88 and a twelve month high of $32.71.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Raymond James Financial cut shares of Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, September 23rd. William Blair downgraded shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a report on Monday, September 14th. BMO Capital Markets boosted their target price on Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a “market perform” rating in a research note on Tuesday, September 15th. UBS Group lowered shares of Baldwin Insurance Group from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $37.00 to $32.50 in a report on Friday, October 2nd. Finally, Keefe, Bruyette & Woods cut Baldwin Insurance Group from an “outperform” rating to a “market perform” rating and set a $32.50 price target for the company. in a research report on Monday, October 12th. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Baldwin Insurance Group presently has a consensus rating of “Reduce” and a consensus price target of $31.20.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc is an insurance brokerage and advisory firm that helps individuals and businesses assess and manage risk. Its services include placing personal and commercial insurance coverage, advising on employee benefits, and providing risk-management support.

The company also serves specialty insurance markets through wholesale brokerage and underwriting-related services, connecting clients and insurance distributors with coverage providers. Its offerings span a range of industries and insurance needs.

Founded in 2011 and headquartered in Tampa, Florida, the company was formerly known as Baldwin Risk Partners before adopting The Baldwin Insurance Group name in 2024.