The Baldwin Insurance Group (BWIN) to Release Quarterly Earnings on Tuesday

The Baldwin Insurance Group (NASDAQ:BWIN) is expected to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect The Baldwin Insurance Group to post earnings of $0.27 per share and revenue of $327.42 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

The Baldwin Insurance Group Price Performance

Shares of BWIN opened at $41.69 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.35. The stock has a market cap of $4.90 billion, a P/E ratio of -65.14, a price-to-earnings-growth ratio of 1.19 and a beta of 1.63. The stock’s 50-day moving average price is $40.01 and its two-hundred day moving average price is $44.68. The Baldwin Insurance Group has a 1 year low of $25.50 and a 1 year high of $55.82.

Insider Activity at The Baldwin Insurance Group

In other news, major shareholder Elizabeth Krystyn sold 191,307 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $45.18, for a total value of $8,643,250.26. Following the transaction, the insider now owns 232,570 shares in the company, valued at approximately $10,507,512.60. The trade was a 45.13 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 20.14% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Wells Fargo & Company cut their price target on The Baldwin Insurance Group from $41.00 to $38.00 and set an “underweight” rating on the stock in a report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. cut their price target on The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating on the stock in a report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.50.

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.