TWFG (TWFG) to Release Earnings on Tuesday

TWFG (NASDAQ:TWFG) is scheduled to announce its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

TWFG (NASDAQ:TWFG) last released its quarterly earnings data on Tuesday, August 27th. The company reported $14.89 earnings per share for the quarter, topping the consensus estimate of $3.74 by $11.15. The firm had revenue of $53.27 million for the quarter, compared to analyst estimates of $51.86 million. On average, analysts expect TWFG to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TWFG Stock Up 2.7 %

Shares of TWFG stock traded up $0.86 during trading on Tuesday, hitting $32.36. 8,921 shares of the stock were exchanged, compared to its average volume of 161,741. TWFG has a 1-year low of $21.31 and a 1-year high of $33.90. The stock has a fifty day moving average of $28.84. The company has a debt-to-equity ratio of 0.68, a current ratio of 33.76 and a quick ratio of 33.75.

Wall Street Analyst Weigh In

TWFG has been the topic of a number of research reports. William Blair initiated coverage on shares of TWFG in a research note on Wednesday, August 21st. They issued an “outperform” rating on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $30.00 price target on shares of TWFG in a research note on Wednesday, August 28th. Royal Bank of Canada upped their price target on shares of TWFG from $29.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, August 29th. Morgan Stanley initiated coverage on shares of TWFG in a research note on Monday, August 12th. They issued an “equal weight” rating and a $23.00 price target on the stock. Finally, Piper Sandler initiated coverage on shares of TWFG in a research note on Monday, August 12th. They issued an “overweight” rating and a $27.00 price target on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.86.

About TWFG

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.