The Baldwin Insurance Group (BWIN) Scheduled to Post Earnings on Monday

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect The Baldwin Insurance Group to post earnings of $0.34 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. The Baldwin Insurance Group had a positive return on equity of 10.46% and a negative net margin of 3.67%. The business had revenue of $339.80 million during the quarter, compared to analyst estimates of $334.95 million. During the same period in the prior year, the company posted $0.03 EPS. The business's revenue for the quarter was up 14.3% compared to the same quarter last year. On average, analysts expect The Baldwin Insurance Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

The Baldwin Insurance Group Stock Up 0.5 %

BWIN stock traded up $0.24 during trading on Monday, reaching $50.48. 526,557 shares of the company's stock were exchanged, compared to its average volume of 427,144. The Baldwin Insurance Group has a 1-year low of $17.33 and a 1-year high of $55.82. The stock has a market capitalization of $5.93 billion, a price-to-earnings ratio of -54.87, a PEG ratio of 1.39 and a beta of 1.59. The company has a fifty day simple moving average of $48.76. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.34.

Insider Activity

In other The Baldwin Insurance Group news, insider Daniel Galbraith sold 75,000 shares of The Baldwin Insurance Group stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $46.33, for a total transaction of $3,474,750.00. Following the transaction, the insider now owns 6,285 shares of the company's stock, valued at $291,184.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other The Baldwin Insurance Group news, insider Daniel Galbraith sold 75,000 shares of the stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $46.33, for a total value of $3,474,750.00. Following the completion of the sale, the insider now owns 6,285 shares in the company, valued at $291,184.05. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Seth Bala Cohen sold 3,783 shares of The Baldwin Insurance Group stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $42.63, for a total transaction of $161,269.29. Following the sale, the general counsel now directly owns 8,813 shares of the company's stock, valued at $375,698.19. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 508,616 shares of company stock worth $21,947,676 over the last quarter. Corporate insiders own 20.14% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on The Baldwin Insurance Group from $39.00 to $46.00 and gave the company an "equal weight" rating in a research report on Thursday, October 10th. 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. Keefe, Bruyette & Woods raised their target price on shares of The Baldwin Insurance Group from $40.00 to $46.00 and gave the stock an "outperform" rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. upped their price target on The Baldwin Insurance Group from $45.00 to $54.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. Finally, UBS Group raised their price objective on The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a "buy" rating in a research note on Tuesday, August 13th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $47.67.

About The Baldwin Insurance Group

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.