Baldwin Insurance Group (NASDAQ:BWIN) Updates Q3 2026 Earnings Guidance

Baldwin Insurance Group (NASDAQ:BWIN) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.420-0.460 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $485.0 million-$495.0 million, compared to the consensus revenue estimate of $493.1 million.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on Baldwin Insurance Group from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Weiss Ratings raised Baldwin Insurance Group from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 8th. Keefe, Bruyette & Woods lifted their price target on Baldwin Insurance Group from $26.00 to $31.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Zacks Research upgraded shares of Baldwin Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Finally, UBS Group reduced their price objective on shares of Baldwin Insurance Group from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Baldwin Insurance Group currently has a consensus rating of “Moderate Buy” and an average price target of $30.00.

Baldwin Insurance Group Stock Performance

NASDAQ:BWIN traded up $1.05 during mid-day trading on Friday, reaching $27.74. The company’s stock had a trading volume of 1,253,548 shares, compared to its average volume of 1,634,878. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.51. The stock has a market cap of $3.95 billion, a P/E ratio of -41.40, a PEG ratio of 1.01 and a beta of 1.08. The firm’s fifty day moving average price is $23.47 and its two-hundred day moving average price is $22.28. Baldwin Insurance Group has a 12-month low of $15.88 and a 12-month high of $37.44.

Baldwin Insurance Group (NASDAQ:BWIN) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Baldwin Insurance Group had a negative net margin of 2.80% and a positive return on equity of 12.35%. The firm had revenue of $492.94 million for the quarter, compared to the consensus estimate of $492.33 million. During the same quarter last year, the firm posted $0.42 EPS. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. Baldwin Insurance Group has set its Q3 2026 guidance at 0.420-0.460 EPS. On average, equities analysts forecast that Baldwin Insurance Group will post 1.38 EPS for the current fiscal year.

Insider Activity at Baldwin Insurance Group

In other news, major shareholder Elizabeth Krystyn sold 130,018 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $21.20, for a total value of $2,756,381.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 15.80% of the stock is owned by insiders.

Baldwin Insurance Group News Roundup

Here are the key news stories impacting Baldwin Insurance Group this week:

• Positive Sentiment: Second-quarter results exceeded expectations. BWIN reported adjusted earnings of $0.48 per share, above the $0.46 consensus estimate and up from $0.42 a year earlier. Revenue rose 30.1% year over year to $492.9 million, narrowly surpassing expectations. The Baldwin Group Announces Second Quarter 2026 Results
• Positive Sentiment: Third-quarter EPS guidance was above Wall Street’s forecast. Management projected earnings of $0.42-$0.46 per share, compared with the $0.41 consensus estimate. The outlook supports expectations for continued earnings growth and likely helped improve investor sentiment. Baldwin Insurance Group Earnings and Guidance
• Positive Sentiment: Revenue growth remained robust. The company’s quarterly presentation and earnings call highlighted total revenue growth of approximately 30%, indicating continued expansion across its insurance distribution operations. Baldwin Insurance Group Q2 Results Presentation
• Neutral Sentiment: Underlying organic growth was more moderate. Organic revenue growth was approximately 2% year over year, suggesting that much of the reported expansion may have come from acquisitions or other non-organic factors. The Baldwin Group Announces Second Quarter 2026 Results
• Negative Sentiment: Revenue guidance was slightly below consensus at the midpoint. BWIN forecast third-quarter revenue of $485 million-$495 million, implying a $490 million midpoint versus analysts’ $493.1 million estimate. The company also continues to report a negative net margin, which may limit the impact of the earnings beat. BWIN Q2 Key Metrics Versus Estimates

Institutional Trading of Baldwin Insurance Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Baldwin Insurance Group by 6.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,166 shares of the company’s stock valued at $1,795,000 after acquiring an additional 2,309 shares during the period. Millennium Management LLC raised its holdings in Baldwin Insurance Group by 371.9% in the 1st quarter. Millennium Management LLC now owns 254,734 shares of the company’s stock worth $11,384,000 after purchasing an additional 200,754 shares during the period. NewEdge Advisors LLC lifted its position in Baldwin Insurance Group by 6.7% during the first quarter. NewEdge Advisors LLC now owns 11,075 shares of the company’s stock valued at $495,000 after purchasing an additional 700 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Baldwin Insurance Group by 3.6% during the first quarter. Goldman Sachs Group Inc. now owns 379,601 shares of the company’s stock valued at $16,964,000 after purchasing an additional 13,058 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Baldwin Insurance Group by 6.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 189,643 shares of the company’s stock valued at $8,475,000 after purchasing an additional 11,768 shares during the period. 77.49% of the stock is owned by hedge funds and other institutional investors.

About Baldwin Insurance Group

Baldwin Insurance Group, Inc (NASDAQ: BWIN) is a specialty insurance and surety firm that underwrites contract bonds, commercial insurance policies and related risk-management services. Its core offerings include contract and commercial surety, which provide performance and payment guarantees to obligees in construction, service and public-sector projects. In addition, the company delivers complementary commercial lines coverages designed to mitigate liability, property and workers’ compensation exposures.

Through a network of regional agency offices primarily across the Midwestern United States, Baldwin Insurance Group serves contractors, developers, small and mid-sized businesses as well as municipal and public-sector clients.