Piper Sandler Highlights Skyward Specialty Insurance Group (SKWD); 'The Stock Has Become Very Cheap'

Piper Sandler analyst Paul Newsome reiterated an Overweight rating on Skyward Specialty Insurance Group (NASDAQ: SKWD).

The analyst commented: "We are highlighting Skyward this week as we think the stock has become quite cheap in recent weeks and we believe the stock has declined more than warranted. The specialty writer stocks took a relatively large hit this week on lower stamping results. Stamping results have showed decelerating growth for the last three quarters however Skyward has still posted strong GWP growth (20.8% in 4Q24, 16.7% in 1Q25 and 17.9% in 2Q25). We think specialty writers like Skyward have a reasonable amount of flexibility in shifting their business mix away from competitive lines and into less competitive ones."

For an analyst ratings summary and ratings history on Skyward Specialty Insurance Group click here. For more ratings news on Skyward Specialty Insurance Group click here.

Shares of Skyward Specialty Insurance Group closed at $46.27 yesterday.

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