Skyward Specialty Q4 net income jumps

Skyward Specialty Insurance

23/02/2026 21:09

Overview

U.S. specialty insurer's Q4 net income rose significantly yr/yr

Adjusted operating income for Q4 increased yr/yr

Gross written premiums in Q4 grew 13.2% yr/yr

Outlook

Company aims to generate top quartile returns and sustainable shareholder value

Skyward Specialty focuses on diversified portfolio amid evolving market conditions

Result Drivers

PREMIUM GROWTH - Growth in accident & health, specialty programs, and surety divisions drove a 13.2% increase in gross written premiums

COMBINED RATIO IMPROVEMENT - Favorable prior accident year development and reduced catastrophe losses improved the combined ratio

INVESTMENT INCOME - Increased income from fixed income portfolio due to higher yield and larger asset base

Company press release: ID:nGNX79CsPt

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Gross written premiums
$439.50 mln
Q4 EPS
$1.03
Q4 Net Income
$43.20 mln
Q4 Adjusted Operating Income
$48.90 mln
Q4 Combined Ratio
88.50%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Skyward Specialty Insurance Group Inc is $64.00, about 36.5% above its February 20 closing price of $46.88

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)