Baldwin Insurance Group (NASDAQ:BWIN) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Baldwin Insurance Group (NASDAQ:BWIN) announced its quarterly earnings results on Monday. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01), FiscalAI reports. Baldwin Insurance Group had a positive return on equity of 12.67% and a negative net margin of 4.67%. The company had revenue of $480.26 million during the quarter, compared to analysts’ expectations of $492.65 million. During the same period last year, the firm earned $0.31 earnings per share. Baldwin Insurance Group’s revenue for the quarter was up 31.4% on a year-over-year basis.

Baldwin Insurance Group Trading Up 0.5%

BWIN traded up $0.17 during midday trading on Monday, reaching $32.15. 960,725 shares of the company’s stock traded hands, compared to its average volume of 1,923,038. The firm has a fifty day moving average of $31.57 and a two-hundred day moving average of $25.27. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of -30.91, a P/E/G ratio of 1.03 and a beta of 0.98. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.07 and a quick ratio of 1.07. Baldwin Insurance Group has a 52 week low of $15.88 and a 52 week high of $32.71.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Baldwin Insurance Group in a report on Friday, October 2nd. BMO Capital Markets lifted their target price on shares of Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a “market perform” rating in a research note on Tuesday, September 15th. Raymond James Financial lowered shares of Baldwin Insurance Group from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, September 23rd. William Blair cut shares of Baldwin Insurance Group from an “outperform” rating to a “hold” rating in a research report on Monday, September 14th. Finally, TD Cowen lowered shares of Baldwin Insurance Group from a “buy” rating to a “hold” rating and cut their price target for the stock from $37.00 to $32.50 in a report on Monday, October 12th. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $31.20.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc is an insurance brokerage and advisory firm that helps individuals and businesses assess and manage risk. Its services include placing personal and commercial insurance coverage, advising on employee benefits, and providing risk-management support.

The company also serves specialty insurance markets through wholesale brokerage and underwriting-related services, connecting clients and insurance distributors with coverage providers. Its offerings span a range of industries and insurance needs.

Founded in 2011 and headquartered in Tampa, Florida, the company was formerly known as Baldwin Risk Partners before adopting The Baldwin Insurance Group name in 2024.