Skyward Specialty (NASDAQ:SKWD) reported strong Q1: revenue $475.9M (+44.8%), diluted operating EPS $1.25 (+39%), annualized operating ROE 20% and combined ratio 89.5%; KBW kept an Outperform and lifted its price target to $72 from $65 as shares trade near $60.06.

Previous Week Recap

  • Skyward Specialty Q1 Revenue Growth: Skyward Specialty (SKWD) Q1: revenue $475.9M (+44.8% YoY), diluted operating EPS $1.25 (+39%), annualized operating ROE 20%, combined ratio 89.5% (1.8 pts cat), stock ~ $60.06.
  • KBW Upgrades, Raises Target: Keefe, Bruyette & Woods maintained an Outperform rating on Skyward Specialty Insurance Group, Inc. (SKWD) and raised its price target for SKWD to $72.00 per share from $65.00.

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