Latest revenue
$27.1M
as of 2026-03-31
Latest net income
$49.7M
as of 2026-03-31
Net margin
183.8%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.92B
- Enterprise value
- $1.92B
- P/E (trailing)
- 11.3×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $65.05
- 52-wk low
- $40.60
- Beta
- —
- Shares out
- 40.5M
5-year trend
dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).
What this company does
Item 1. Business Who We Are Skyward Specialty was formed as a Delaware corporation on January 3, 2006 as an insurance holding company. We operated under the name Houston International Insurance Group, Ltd. until we re-branded as Skyward Specialty in November 2020. References to “the Company,” “we,” “our,” “us” or like terms refer to the business of Skyward Specialty Insurance Group, Inc. and its subsidiaries. We are a growing specialty insurance company delivering commercial insurance products and solutions on a non-admitted (or E&S) and admitted basis, predominantly in the United States. We focus our business on markets that are underserved, dislocated and/or for which standard insurance…
AI summary unavailable — showing raw filing excerpt
Generated from SKWD's filing dated 2026-03-02
Key risks
Item 1A. Risk Factors Investing in our common stock involves a high degree of risk. You should carefully consider the risks and uncertainties described below, together with all of the other information in this report, including our consolidated financial statements and related notes, as well as in our other filings with the SEC, in evaluating our business and before investing in our common stock. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that are not expressly stated, that we are unaware of, or that we currently believe are not material, may also become important factors that affect us. If any of the following risks occur,…
AI summary unavailable — showing raw filing excerpt
Generated from SKWD's filing dated 2026-03-02
Profitability
Net margin
12.0%
16.2%Return on equity
16.8%
12.5%Return on assets
3.5%
11.4%Leverage
Debt / equity
3.75×
1.3%Long-term debt / equity
0.10×
21.0%Debt / assets
78.9%
0.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $27.1M | +40.0% | $49.7M | +18.2% | 183.8% |
Q4 2025 2025-12-31 | $1.36B | +24.4% | $43.2M | +200.1% | 3.2% |
Q3 2025 2025-09-30 | $22.2M | +13.6% | $45.9M | +25.2% | 206.9% |
Q2 2025 2025-06-30 | $18.6M | -15.6% | $38.8M | +25.4% | 208.9% |
Q1 2025 2025-03-31 | $19.3M | +5.7% | $42.1M | +14.3% | 217.6% |
Q4 2024 2024-12-31 | $1.09B | — | $14.4M | — | 1.3% |
Q3 2024 2024-09-30 | $19.5M | +49.1% | $36.7M | +68.9% | 187.8% |
Q2 2024 2024-06-30 | $22.0M | +156.7% | $31.0M | +59.2% | 140.6% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Fire, Marine & Casualty Insurance · SIC 6331
Your notes
Keep private notes on SKWD — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$1.5M
Insider selling
$6.5M
Net activity
−$5.0M
Distinct insiders
8
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns SKWD
Institutional value
$868.8M
Total shares held
20.6M
Distinct holders
129
-105 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 3.3M | $145.4M | +503.7K (+17.8%) | Added |
| 2 | REINHART PARTNERS, LLC. | 2.8M | $121.5M | +364.0K (+15.1%) | Added |
| 3 | Invesco Ltd. | 1.8M | $78.4M | +344.0K (+23.7%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.7M | $72.9M | — | New |
| 5 | DIMENSIONAL FUND ADVISORS LP | 854.8K | $37.3M | +37.0K (+4.5%) | Added |
| 6 | Capital International Investors | 831.4K | $36.3M | -1.4M (-62.4%) | Trimmed |
| 7 | Champlain Investment Partners, LLC | 764.9K | $33.4M | -158.6K (-17.2%) | Trimmed |
| 8 | FEDERATED HERMES, INC. | 647.1K | $28.3M | -64.3K (-9.0%) | Trimmed |
| 9 | EMERALD ADVISERS, LLC | 627.9K | $27.4M | -29.8K (-4.5%) | Trimmed |
| 10 | VANGUARD PORTFOLIO MANAGEMENT LLC | 617.3K | $27.0M | — | New |
| 11 | SEI INVESTMENTS CO | 433.3K | $18.9M | +346.2K (+397.5%) | Added |
| 12 | JENNISON ASSOCIATES LLC | 422.3K | $18.4M | -47.2K (-10.1%) | Trimmed |
| 13 | EMERALD MUTUAL FUND ADVISERS TRUST | 401.9K | $17.6M | +4.5K (+1.1%) | Added |
| 14 | WASATCH ADVISORS LP | 319.8K | $14.0M | +63.4K (+24.7%) | Added |
| 15 | Swedbank AB | 300.1K | $13.1M | -300.0K (-50.0%) | Trimmed |
| 16 | abrdn plc | 294.1K | $12.8M | -123 (-0.0%) | Trimmed |
| 17 | VANGUARD FIDUCIARY TRUST CO | 280.7K | $12.3M | — | New |
| 18 | DEUTSCHE BANK AG\ | 278.2K | $12.1M | -324.6K (-53.9%) | Trimmed |
| 19 | PEREGRINE CAPITAL MANAGEMENT LLC | 246.9K | $10.8M | -14.8K (-5.7%) | Trimmed |
| 20 | Ensign Peak Advisors, Inc | 244.1K | $10.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once SKWD's latest filing finishes processing.