The Baldwin Insurance Group (BWIN) Expected to Announce Earnings on Tuesday

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) is expected to announce its 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. Individual that wish to register for the company's earnings conference call can do so using this link.

The Baldwin Insurance Group Price Performance

The Baldwin Insurance Group stock traded down $1.07 during midday trading on Friday, reaching $39.18. The company's stock had a trading volume of 347,329 shares, compared to its average volume of 469,095. 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 $4.61 billion, a PE ratio of -61.22, a price-to-earnings-growth ratio of 1.18 and a beta of 1.63. The Baldwin Insurance Group has a 52 week low of $26.08 and a 52 week high of $55.82. The business has a 50-day moving average price of $39.90 and a 200-day moving average price of $44.62.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other news, major shareholder Elizabeth Krystyn sold 88,306 shares of The Baldwin Insurance Group stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $43.05, for a total transaction of $3,801,573.30. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 20.14% of the company's stock.

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.