Skyward Specialty Insurance Group Inc. Common Stock (SKWD)

FairStock Score: 83/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am trying to buy a good insurance business at a fair price, and Skyward has some of the marks I look for. It writes specialty commercial property and casualty coverage, a business where discipline matters more than size. As filed, fiscal Q2 2026, the quarter ended 2026-06-30, produced net income of $49.0M and diluted EPS of $1.07, versus $38.8M and $0.93 in fiscal Q2 2025, the quarter ended 2025-06-30. For FY2025 ended 2025-12-31, net income was $170.0M and diluted EPS $4.07, up from $118.8M and $2.87 in FY2024 ended 2024-12-31. That is real profit growth. FairStock calculates that at the 2026-10-13 close of $59.62, the P/E is 13.87, P/B is 2.09, PEG is 0.76, ROE is 17.34%, D/E is 0.34, and Piotroski F-Score is 5/9. The price is not demanding on earnings, though two times book requires continued returns. The missing piece is underwriting quality: no combined ratio, CET1, or NIM is in the data, so I cannot verify reserve adequacy or capital strength. The filed revenue lines are also hard to reconcile with the rest of the presentation, which makes me cautious. Beta of 0.32 and no dividend are secondary. Overall, this looks like a reasonably priced fast-growing insurer with a narrow information base; I would want more underwriting detail before calling it a clear bargain.

In plain English: Skyward Specialty Insurance Group sells specialized property and casualty insurance to businesses in the U.S. It has been growing profits and earns a solid return on shareholders' money while carrying modest debt. At the recent close, the price looks reasonable compared with those profits, though insurance risks and missing underwriting details keep it from looking like a sure bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer