Bowhead Specialty (BOW) Stock Price, News & Analysis

Company Overview

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. The company distributes its products through distribution partners in wholesale and retail markets. Bowhead Specialty Holdings Inc. was formerly known as Bowhead Holdings Inc. and changed its name to Bowhead Specialty Holdings Inc. in March 2024. The company was founded in 2020 and is based in New York, New York. Bowhead Specialty Holdings Inc. operates as a subsidiary of Bowhead Insurance Holdings LP.

Key Stats

• Today's Range: $35.14 to $35.38
• 50-Day Range: $27.69 to $34.65
• 52-Week Range: $22.14 to $35.38
• Volume: 21,400 shs
• Average Volume: 185,035 shs
• Market Capitalization: $1.15 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $31.40
• Consensus Rating: Hold

Bowhead Specialty Stock Analysis - MarketRank™

Bowhead Specialty scored higher than 32% of companies evaluated by MarketBeat, and ranked 774th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Bowhead Specialty has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bowhead Specialty has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 22.46%

Earnings Growth

Earnings for Bowhead Specialty are expected to grow by 22.46% in the coming year, from $1.38 to $1.69 per share.

Price to Book Value per Share Ratio

Bowhead Specialty has a P/B Ratio of 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.61% of the float of Bowhead Specialty has been sold short.

Short Interest Ratio / Days to Cover

Bowhead Specialty has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bowhead Specialty has recently decreased by 8.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bowhead Specialty does not currently pay a dividend.

Dividend Growth

Bowhead Specialty does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.61% of the float of Bowhead Specialty has been sold short.

Short Interest Ratio / Days to Cover

Bowhead Specialty has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bowhead Specialty has recently decreased by 8.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.45

News Sentiment

Bowhead Specialty has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Bowhead Specialty this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Bowhead Specialty insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,735,294.00 in company stock.

BOW Stock Analysis - Frequently Asked Questions

How have BOW shares performed this year?

Bowhead Specialty's stock was trading at $25.70 on January 1st, 2024. Since then, BOW shares have increased by 36.6% and is now trading at $35.11.
View the best growth stocks for 2024 here.

How were Bowhead Specialty's earnings last quarter?

Bowhead Specialty Holdings Inc. (NYSE:BOW) issued its quarterly earnings data on Tuesday, November, 5th. The company reported $0.38 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.38. The business earned $116.76 million during the quarter, compared to analyst estimates of $113 million.

When did Bowhead Specialty IPO?

Bowhead Specialty (BOW) raised $128 million in an IPO on Thursday, May 23rd 2024. The company issued 7,529,412 shares at a price of $17.00 per share.

When did Bowhead Specialty's lock-up period expire?

Bowhead Specialty's lock-up period expired on Tuesday, November 19th. Bowhead Specialty had issued 7,529,412 shares in its initial public offering on May 23rd. The total size of the offering was $128,000,004 based on an initial share price of $17.00. Since the expiration of Bowhead Specialty's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Who are Bowhead Specialty's major shareholders?

Top institutional investors of Bowhead Specialty include American Family Investments Inc. (18.56%), Victory Capital Management Inc. (2.02%), Wasatch Advisors LP (1.10%) and Emerald Advisers LLC (0.74%). Insiders that own company stock include Family Mutual Insuran American, Stephen Jay Sills, David John Newman, Fabian Fondriest and Shirley Shek Li Yap.
View institutional ownership trends.

How do I buy shares of Bowhead Specialty?

Shares of BOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bowhead Specialty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bowhead Specialty investors own include APi Group (APG), PayPal (PYPL), UroGen Pharma (URGN), Adverum Biotechnologies (ADVM), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Boot Barn (BOOT).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:BOW
• Previous Symbol: NYSE:BOW
• CUSIP: N/A
• CIK: 2002473
• Web: bowheadspecialty.com
• Phone: (212) 970-0269
• Fax: N/A
• Employees: 193
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.40
• High Stock Price Target: $35.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: -10.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.51
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.17 per share
• Price / Book: 3.14

Miscellaneous

• Outstanding Shares: 32,660,000
• Free Float: N/A
• Market Cap: $1.15 billion
• Optionable: N/A
• Beta: N/A