The Baldwin Insurance Group (BWIN) Projected to Post Earnings on Tuesday

The Baldwin Insurance Group (NASDAQ:BWIN) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.27 per share and revenue of $327.42 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

The Baldwin Insurance Group Price Performance

BWIN opened at $39.18 on Monday. The stock has a market capitalization of $4.61 billion, a PE ratio of -61.22, a P/E/G ratio of 1.17 and a beta of 1.63. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.98 and a current ratio of 0.98. The Baldwin Insurance Group has a 1 year low of $26.08 and a 1 year high of $55.82. The company’s 50 day simple moving average is $39.87 and its 200 day simple moving average is $44.65.

Analyst Upgrades and Downgrades

BWIN has been the topic of a number of recent research reports. JPMorgan Chase & Co. reduced their price target on shares of The Baldwin Insurance Group from $47.00 to $46.00 and set an “overweight” rating on the stock in a research report on Friday, January 3rd. Keefe, Bruyette & Woods reduced their price target on shares of The Baldwin Insurance Group from $50.00 to $49.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. Finally, Wells Fargo & Company reduced their price target on shares of The Baldwin Insurance Group from $41.00 to $38.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, The Baldwin Insurance Group has an average rating of “Moderate Buy” and a consensus target price of $45.50.

Insider Activity

In other news, major shareholder Elizabeth Krystyn sold 191,307 shares of The Baldwin Insurance Group stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $45.18, for a total transaction of $8,643,250.26. Following the sale, the insider now owns 232,570 shares in the company, valued at $10,507,512.60. This trade represents a 45.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 20.14% of the company’s stock.

About The Baldwin Insurance Group

The Baldwin Insurance Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions.