Skyward Specialty Insurance Stock Today
SKWD Stock | 52.12 0.69 1.34% |
Performance17 of 100
| Odds Of DistressLess than 9
|
Skyward Specialty is trading at 52.12 as of the 22nd of November 2024, a 1.34 percent up since the beginning of the trading day. The stock's lowest day price was 51.68. Skyward Specialty has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Skyward Specialty Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of August 2024 and ending today, the 22nd of November 2024. Click here to learn more.
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Skyward Stock Highlights
CEO Division | Lyndon Way |
Business Concentration | Insurance, Insurance - Property & Casualty, Financial Services, Financials, Insurance, Insurance-Property & Casualty, Financial Services (View all Sectors) |
Skyward Specialty Insurance (SKWD) is traded on NASDAQ Exchange in USA. It is located in 800 Gessner Road, Houston, TX, United States, 77024-4284 and employs 515 people. Skyward Specialty is listed under Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.06 B. Skyward Specialty conducts business under Insurance sector and is part of Financials industry. The entity has 40.1 M outstanding shares of which 886.18 K shares are at this time shorted by private and institutional investors with about 2.41 trading days to cover.
Skyward Specialty generates positive cash flow from operations, but has no cash available
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Ownership AllocationSkyward Specialty shows a total of 40.1 Million outstanding shares. The majority of Skyward Specialty outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Skyward Specialty to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Skyward Specialty. Please pay attention to any change in the institutional holdings of Skyward Specialty Insurance as this could imply that something significant has changed or is about to change at the company. Also note that roughly four million six hundred sixty-three thousand six hundred eighteen invesors are currently shorting Skyward Specialty expressing very little confidence in its future performance.
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Skyward Specialty Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Skyward Specialty market risk premium is the additional return an investor will receive from holding Skyward Specialty long position in a well-diversified portfolio.
Risk Adjusted Performance | 0.1765 | |||
Jensen Alpha | 0.4582 | |||
Total Risk Alpha | 0.1749 | |||
Sortino Ratio | 0.1553 |
Skyward Stock Against Markets
Skyward Specialty Corporate Executives
Elected by the shareholders, the Skyward Specialty's board of directors comprises two types of representatives: Skyward Specialty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Skyward. The board's role is to monitor Skyward Specialty's management team and ensure that shareholders' interests are well served. Skyward Specialty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Skyward Specialty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Way | Founder | Profile | |
Mark CPA | Executive CFO | Profile |
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Is Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skyward Specialty. If investors know Skyward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skyward Specialty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Skyward Specialty is measured differently than its book value, which is the value of Skyward that is recorded on the company's balance sheet. Investors also form their own opinion of Skyward Specialty's value that differs from its market value or its book value, called intrinsic value, which is Skyward Specialty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skyward Specialty's market value can be influenced by many factors that don't directly affect Skyward Specialty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skyward Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyward Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyward Specialty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.