Skyward Specialty (NASDAQ: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions -- Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety and Transactional E&S.
Company profile
Ticker
SKWD
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Houston International Insurance Group, Houston International Insurance Group LTD
SEC CIK
Corporate docs
IRS number
141957288
SKWD stock data
Latest filings (excl ownership)
DEFR14A
Revised proxy
8 Apr 24
S-8
Registration of securities for employees
5 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Skyward Specialty Insurance Group Reports Fourth Quarter 2023 Results
20 Feb 24
8-K
Skyward Specialty Adds Michael Morrissey to Its Board of Directors
14 Dec 23
8-K
Skyward Specialty announces leadership changes to its board of directors
30 Nov 23
424B4
Prospectus supplement with pricing info
16 Nov 23
EFFECT
Notice of effectiveness
16 Nov 23
Latest ownership filings
4
Andrew S Robinson
13 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
4
Andrew S Robinson
8 Mar 24
144
Notice of proposed sale of securities
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144/A
Notice of proposed sale of securities (amended)
6 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
Andrew S Robinson
5 Mar 24
4
Anthony J Kuczinski
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 103.27 mm | 103.27 mm | 103.27 mm | 103.27 mm | 103.27 mm | 103.27 mm |
Cash burn (monthly) | (no burn) | 1.81 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 12.72 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 90.55 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 50.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
55.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 120 |
Opened positions | 34 |
Closed positions | 8 |
Increased positions | 56 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 599.65 bn |
Total shares | 22.12 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 1.82 mm | $49.81 bn |
Vanguard | 1.51 mm | $41.39 bn |
Jennison Associates | 1.36 mm | $37.11 bn |
WHG Westwood | 1.31 mm | $35.90 bn |
Champlain Investment Partners | 1.25 mm | $34.07 bn |
AMP Ameriprise Financial | 787.89 k | $21.56 bn |
MS Morgan Stanley | 781.20 k | $21.37 bn |
Emerald Advisers | 766.52 k | $20.97 bn |
Emerald Mutual Fund Advisers Trust | 678.48 k | $18.56 bn |
American Century Companies | 587.69 k | $16.08 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 35.93 | 14,243 | 511.75 k | 46,883 |
11 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 35.63 | 13,407 | 477.69 k | 61,126 |
8 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 35.56 | 12,109 | 430.60 k | 74,533 |
7 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 35.44 | 10,241 | 362.94 k | 86,642 |
6 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 35.7 | 13,374 | 477.45 k | 96,883 |
5 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 35.32 | 27,439 | 969.15 k | 110,257 |
4 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 36.15 | 17,246 | 623.44 k | 137,696 |
1 Mar 24 | Andrew S Robinson | Common Stock | Sell | Dispose S | No | Yes | 36.08 | 18,689 | 674.30 k | 154,942 |
1 Mar 24 | Anthony J Kuczinski | Common Stock | Buy | Acquire P | No | No | 36.1694 | 400 | 14.47 k | 4,124 |
29 Feb 24 | Leslie Shaunty | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,133 | 0.00 | 20,635 |
News
JMP Securities Maintains Market Outperform on Skyward Specialty, Raises Price Target to $42
15 Apr 24
Keefe, Bruyette & Woods Maintains Outperform on Skyward Specialty, Raises Price Target to $44
10 Apr 24
Keefe, Bruyette & Woods Maintains Outperform on Skyward Specialty, Maintains $43 Price Target
3 Apr 24
Analyst Expectations For Skyward Specialty's Future
1 Apr 24
Piper Sandler Maintains Overweight on Skyward Specialty, Raises Price Target to $46
1 Apr 24
Press releases
Skyward Specialty to Host First Quarter 2024 Earnings Call Thursday, May 2, 2024
8 Apr 24
Skyward Specialty and New Heights Partner to Broaden Crane and Rigging Products, Offerings
26 Mar 24
Skyward Specialty Recognizes Key Business Leaders in Wake of Continued Top-Tier Performance
7 Mar 24
Skyward Specialty to Host Fourth-Quarter 2023 Earnings Call Wednesday, February 21, 2024
31 Jan 24