Bowhead Specialty (BOW) to Release Quarterly Earnings on Tuesday

Bowhead Specialty (NYSE:BOW - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Bowhead Specialty to post earnings of $0.35 per share for the quarter.

Bowhead Specialty (NYSE:BOW - Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported $0.38 EPS for the quarter, hitting the consensus estimate of $0.38. The company had revenue of $116.76 million for the quarter, compared to analyst estimates of $113.00 million. On average, analysts expect Bowhead Specialty to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Bowhead Specialty Price Performance

Shares of BOW traded down $0.41 during mid-day trading on Friday, reaching $32.42. 91,641 shares of the company were exchanged, compared to its average volume of 106,157. The business has a 50 day simple moving average of $34.36 and a two-hundred day simple moving average of $31.13. Bowhead Specialty has a 52 week low of $22.14 and a 52 week high of $37.81.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BOW. Royal Bank of Canada increased their price target on Bowhead Specialty from $32.00 to $35.00 and gave the stock an "outperform" rating in a report on Wednesday, November 6th. Keefe, Bruyette & Woods raised their target price on Bowhead Specialty from $36.00 to $44.00 and gave the company a "market perform" rating in a research note on Friday, January 10th. JPMorgan Chase & Co. upped their price target on Bowhead Specialty from $26.00 to $30.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, JMP Securities raised their price objective on Bowhead Specialty from $32.00 to $33.00 and gave the company a "market outperform" rating in a research note on Wednesday, November 6th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Bowhead Specialty presently has a consensus rating of "Hold" and an average price target of $33.60.

About Bowhead Specialty

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.