NasdaqGS:SKWDInsurance
Skyward Specialty (SKWD) Stock Price Hints At Value Despite Strong Q2
Skyward Specialty Insurance Group stock barely flinched in the red hot insurance sector playbook, adding about 2% to trade just above US$63 after earnings. That is a restrained move for a company that just put up another quarter of double digit premium growth and an operating return on equity near the high teens. Q2 delivered US$489.5m of revenue and roughly US$1.10 in basic earnings per share, while the combined ratio stayed below 90% on recent data. The key question now is whether this...