Baldwin Insurance Group Future Growth

Future criteria checks 5/6

Baldwin Insurance Group is forecast to grow earnings and revenue by 100.6% and 12.7% per annum respectively. EPS is expected to grow by 104% per annum. Return on equity is forecast to be 40.3% in 3 years.

Key information

100.6%

Earnings growth rate

104.0%

EPS growth rate

Insurance earnings growth	11.3%
Revenue growth rate	12.7%
Future return on equity	40.3%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

Recent updates

Why Investors Shouldn't Be Surprised By The Baldwin Insurance Group, Inc.'s (NASDAQ:BWIN) P/S

Oct 11

Revenues Tell The Story For The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) As Its Stock Soars 26%

May 26

Earnings and Revenue Growth Forecasts

NasdaqGS:BWIN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,788	72	239	271	6
12/31/2025	1,566	17	181	201	7
12/31/2024	1,386	-36	121	67	7
9/30/2024	1,344	-39	71	108	N/A
6/30/2024	1,311	-48	61	93	N/A
3/31/2024	1,268	-54	35	62	N/A
12/31/2023	1,219	-90	21	45	N/A
9/30/2023	1,180	-104	14	37	N/A
6/30/2023	1,133	-111	14	38	N/A
3/31/2023	1,068	-79	-41	-13	N/A
12/31/2022	981	-42	-28	-2	N/A
9/30/2022	894	-16	-26	-4	N/A
6/30/2022	770	-4	-31	-14	N/A
3/31/2022	657	-23	23	33	N/A
12/31/2021	567	-31	32	40	N/A
9/30/2021	478	-18	26	33	N/A
6/30/2021	408	-8	35	43	N/A
3/31/2021	340	-2	27	35	N/A
12/31/2020	241	-16	29	37	N/A
9/30/2020	208	-14	23	28	N/A
6/30/2020	180	-11	42	47	N/A
3/31/2020	162	-7	10	12	N/A
12/31/2019	138	-9	10	12	N/A
9/30/2019	122	-1	13	16	N/A
6/30/2019	102	-2	4	13	N/A
3/31/2019	89	-1	5	13	N/A
12/31/2018	80	-1	4	12	N/A
12/31/2017	48	2	N/A	8	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BWIN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: BWIN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BWIN is expected to become profitable in the next 3 years.

Revenue vs Market: BWIN's revenue (12.7% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: BWIN's revenue (12.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BWIN's Return on Equity is forecast to be very high in 3 years time (40.3%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:47
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Baldwin Insurance Group, Inc. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joshua Shanker	BofA Global Research
Luke Lemoine	Capital One Securities, Inc.
Yaron Kinar	Jefferies LLC

Baldwin Insurance Group Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target increased by 8.8% to US$49.29

Price target increased by 10% to US$44.43

Price target increased by 9.3% to US$40.29

Consensus EPS estimates upgraded to US$0.37 loss

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 84%

Recent updates

Co-Founder notifies of intention to sell stock

Why Investors Shouldn't Be Surprised By The Baldwin Insurance Group, Inc.'s (NASDAQ:BWIN) P/S

Price target increased by 8.8% to US$49.29

The Baldwin Insurance Group, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Key Executive notifies of intention to sell stock

Insider recently sold US$3.9m worth of stock

Price target increased by 10% to US$44.43

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

The Baldwin Group Announces Executive Appointments to Lead Next Phase of Growth in Its UCTS Segment

Price target increased by 9.3% to US$40.29

The Baldwin Insurance Group, Inc. to Report Q2, 2024 Results on Aug 06, 2024

The Baldwin Group Introduces API-Connected Underwriting Platform Cyber Navigator

Revenues Tell The Story For The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) As Its Stock Soars 26%

Co-Founder & Chairman notifies of intention to sell stock

Key Executive recently sold US$780k worth of stock

Key Executive notifies of intention to sell stock

First quarter 2024 earnings released: EPS: US$0.35 (vs US$0.24 loss in 1Q 2023)

BRP Group, Inc., Annual General Meeting, Jun 05, 2024

Consensus EPS estimates upgraded to US$0.37 loss

BRP Group, Inc. to Report Q1, 2024 Results on May 07, 2024

Consensus EPS estimates fall by 12%

Co-Founder & Chairman notifies of intention to sell stock

Consensus EPS estimates fall by 84%

BRP Group, Inc.'s (NASDAQ:BRP) 33% Jump Shows Its Popularity With Investors

Price target increased by 7.1% to US$32.29

AmWINS Group, Inc. entered into a definitive agreement to acquire Connected Risk Solutions, LLC from BRP Group, Inc. (NasdaqGS:BRP).

Full year 2023 earnings: EPS misses analyst expectations

Brp Group, Inc. Announces Executive Appointments

BRP Group, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Co-Founder & Chairman notifies of intention to sell stock

Consensus EPS estimates fall by 23%

Third quarter 2023 earnings: EPS misses analyst expectations

BRP Group, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

BRP Group, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Co-founder recently sold US$1.4m worth of stock

Co-founder notifies of intention to sell stock

Chief Operating Officer recently sold US$1.6m worth of stock

Chief Operating Officer notifies of intention to sell stock

CEO & Director recently sold US$3.0m worth of stock

CEO & Director notifies of intention to sell stock

Co-Founder & Chairman recently sold US$4.8m worth of stock

General Counsel & Corporate Secretary recently sold US$248k worth of stock

Co-Founder & Chairman notifies of intention to sell stock

Consensus EPS estimates fall by 43%, revenue upgraded

BRP Group, Inc. Introduces International Center of Excellence to Enable Businesses to Expand Operations Across the Globe

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Why Investors Shouldn't Be Surprised By BRP Group, Inc.'s (NASDAQ:BRP) P/S

New minor risk - Profitability

BRP Group, Inc. to Report Q2, 2023 Results on Aug 09, 2023

BRP Group, Inc. Announces Executive Appointments

BRP Group, Inc. Elects Sathish Muthukrishnan to the Board of Directors as Class I Director

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates upgraded to US$0.55 loss

Consensus EPS estimates upgraded to US$0.55 loss

Consensus EPS estimates fall by 43%

Consensus EPS estimates fall by 82%, revenue upgraded

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

BRP Group, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Chief Strategy Officer & Director recently sold US$440k worth of stock

Chief Strategy Officer & Director notifies of intention to sell stock

Insider recently sold US$98k worth of stock

Consensus forecasts updated

High number of new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

BRP Group, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Consensus forecasts updated

Price target increased to US$33.88

Consensus EPS estimates have been upgraded.

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations