SKWD Intrinsic Value Calculator – SKYWARD SPECIALTY INSURANCE Reports FY2022 Q4 Earnings Results on February 28 2023

Earnings report

SKWD Intrinsic Value Calculator – SKYWARD SPECIALTY INSURANCE ($NASDAQ:SKWD) reported their earnings results for FY2022 Q4, which ended on December 31 2022, on February 28 2023. The company reported total revenue of USD 20.4 million for the quarter, representing a 1447.0% increase from the same period the previous year. Furthermore, net income for the quarter was reported at USD 187.4 million, a 29.1% increase year over year.

The financial performance of SKYWARD SPECIALTY INSURANCE over the last quarter has been remarkable, with consecutive quarter-to-quarter increases in revenue and net income. This demonstrates the company’s success at mitigating risk associated with specialty insurance and its ability to capitalize on opportunities in the market. As SKYWARD SPECIALTY INSURANCE continues to grow, they are expected to provide more value to their clients with high quality and competitively priced insurance products.

Stock Price

On Tuesday, February 28, 2023, SKYWARD SPECIALTY INSURANCE reported its fourth quarter earnings results for FY2022. At the open, SKYWARD SPECIALTY INSURANCE stock was priced at $19.4 and closed the day at $19.5, representing a 1.1% increase from its previous closing price of $19.3. This marks another successful quarter for SKYWARD SPECIALTY INSURANCE as the company continues to grow and expand its specialty insurance offerings.

The stock price has been steadily increasing in response to the strong performance, now reaching its highest point in over four years. Investors have responded positively to the news, with interest in the stock continuing to climb. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for SKWD. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for SKWD. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for SKWD. More…

Key Ratios Snapshot

Some of the financial key ratios for SKWD are shown below. More…

Analysis – SKWD Intrinsic Value Calculator

At GoodWhale, we have conducted an in-depth analysis of SKYWARD SPECIALTY INSURANCE’s fundamentals. According to our proprietary Valuation Line, the intrinsic value of one share of SKYWARD SPECIALTY INSURANCE is approximately $19.2. Surprisingly, the current market price of SKYWARD SPECIALTY INSURANCE’s stock is slightly higher, with each share traded at $19.5. This indicates that there is a slight tendency of overvaluation of the stock, by 1.7%. More…

Peers

Skyward Specialty Insurance Group Inc is an insurance company that provides comprehensive coverage and specialized protection. They are one of many companies that offer specialized services in the insurance industry, competing in the same space as Kemper Corp, Kinsale Capital Group Inc, and Safety Insurance Group Inc. All of these organizations provide specialized protection to their customers, and strive to ensure they are getting the best coverage for their needs.

– Kemper Corp ($NYSE:KMPR)

Kemper Corporation is a financial services holding company that offers insurance, investment and banking products to its customers. It has a market capitalization of 4.03 billion dollars as of 2023, which indicates the public’s confidence in the company’s performance. The company also has a negative return on equity (ROE) of -8.57%, which indicates that the company is underperforming relative to its peers. This may be because of the volatile nature of the insurance and banking sectors, as well as other factors that may be impacting the company’s performance.

– Kinsale Capital Group Inc ($NYSE:KNSL)

Kinsale Capital Group Inc is an insurance holding company based in Virginia, USA. It focuses on providing specialty insurance products and services to clients across the United States. Its market cap as of 2023 is 7.32 billion, which makes it a large-cap company with a substantial footprint in the insurance industry. Moreover, it has an impressive Return on Equity (ROE) of 20.16%, indicating that the company is generating substantial returns for its shareholders. Kinsale Capital Group Inc offers a wide array of insurance products and services to its clients including property & casualty, professional liability, and surety bonds. In addition, the company offers risk management services to help its clients minimize their financial risks.

– Safety Insurance Group Inc ($NASDAQ:SAFT)

Safety Insurance Group Inc. is an insurance holding company based in Boston, Massachusetts. The company primarily provides private passenger automobile and commercial automobile insurance policies in Massachusetts and New Hampshire. Safety Insurance has a market cap of 1.17 billion as of 2023, and a return on equity of 4.71%. This indicates that the company is doing well in terms of generating returns for its shareholders. The company has been able to maintain a stable market cap over the years, despite volatile market conditions, as well as a healthy return on equity. This demonstrates the company’s strong financial performance, as well as its ability to effectively manage its operations.

Summary

SKYWARD SPECIALTY INSURANCE reported a strong financial performance for the quarter with total revenue increasing 1447.0% year over year to USD 20.4 million. Net income also saw a 29.1% increase to USD 187.4 million. This impressive growth demonstrates that SKYWARD SPECIALTY INSURANCE is clearly positioned to deliver strong returns to its investors. With an increasing demand for specialty insurance products and a positive outlook on the economy, SKYWARD SPECIALTY INSURANCE is well-positioned to capitalize on future opportunities in the industry.