The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Receives $47.17 Average Price Target from Analysts

The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $47.17.

A number of analysts have recently issued reports on BWIN shares. Wells Fargo & Company cut their target price on shares of The Baldwin Insurance Group from $46.00 to $43.00 and set an "equal weight" rating for the company in a research note on Tuesday, November 5th. JPMorgan Chase & Co. upped their target price on The Baldwin Insurance Group from $45.00 to $54.00 and gave the company an "overweight" rating in a research report on Thursday, October 10th. UBS Group lifted their price target on The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a "buy" rating in a report on Tuesday, August 13th. Keefe, Bruyette & Woods upped their price objective on The Baldwin Insurance Group from $40.00 to $46.00 and gave the company an "outperform" rating in a report on Wednesday, August 7th. Finally, Jefferies Financial Group lifted their target price on The Baldwin Insurance Group from $38.00 to $46.00 and gave the stock a "hold" rating in a report on Wednesday, October 9th.

Insider Buying and Selling

In other The Baldwin Insurance Group news, Director Lowry Baldwin sold 50,000 shares of the company's stock in a transaction on Friday, August 30th. The stock was sold at an average price of $46.74, for a total transaction of $2,337,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 20.14% of the stock is currently owned by company insiders.

The Baldwin Insurance Group Trading Down 1.2 %

Shares of The Baldwin Insurance Group stock traded down $0.58 during trading on Thursday, hitting $48.76. 342,734 shares of the stock were exchanged, compared to its average volume of 473,413. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a fifty day moving average of $48.89. The firm has a market cap of $5.73 billion, a PE ratio of -76.19, a price-to-earnings-growth ratio of 1.41 and a beta of 1.60. The Baldwin Insurance Group has a 1-year low of $17.33 and a 1-year high of $55.82.

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last issued its earnings results on Monday, November 4th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The Baldwin Insurance Group had a positive return on equity of 10.57% and a negative net margin of 2.89%. The business had revenue of $339.90 million for the quarter, compared to the consensus estimate of $346.43 million. During the same quarter in the prior year, the firm posted $0.15 earnings per share. The business's revenue was up 11.0% compared to the same quarter last year. Equities research analysts forecast that The Baldwin Insurance Group will post 1.03 EPS for the current fiscal year.

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.