The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) have received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $47.17.

Several research firms have weighed in on BWIN. William Blair upgraded shares of The Baldwin Insurance Group from a “market perform” rating to an “outperform” rating in a report on Thursday, October 17th. Jefferies Financial Group upped their target price on The Baldwin Insurance Group from $38.00 to $46.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods increased their target price on The Baldwin Insurance Group from $40.00 to $46.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. UBS Group boosted their price target on The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a “buy” rating in a report on Tuesday, August 13th. Finally, JPMorgan Chase & Co. increased their price objective 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.

Insider Buying and Selling

In other news, Director Lowry Baldwin sold 50,000 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $46.74, for a total transaction of $2,337,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Lowry Baldwin sold 50,000 shares of the company’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $46.74, for a total transaction of $2,337,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Bradford Hale sold 10,000 shares of The Baldwin Insurance Group stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $41.49, for a total value of $414,900.00. Following the completion of the transaction, the chief financial officer now owns 98,131 shares in the company, valued at $4,071,455.19. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 468,149 shares of company stock worth $20,247,146. 20.14% of the stock is owned by company insiders.

The Baldwin Insurance Group Price Performance

Shares of NASDAQ:BWIN opened at $45.20 on Friday. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of -70.63, a price-to-earnings-growth ratio of 1.25 and a beta of 1.60. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.98 and a quick ratio of 0.98. The stock’s 50 day moving average price is $49.09. The Baldwin Insurance Group has a 12 month low of $17.33 and a 12 month high of $55.82.

The Baldwin Insurance Group (NASDAQ:BWIN) last posted 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 positive return on equity of 10.55% and a negative net margin of 2.89%. The firm had revenue of $339.90 million for the quarter, compared to analysts’ expectations of $346.43 million. During the same quarter in the previous year, the firm posted $0.15 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. On average, equities analysts anticipate that The Baldwin Insurance Group will post 1.1 earnings per share for the current 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.