SKYWARD SPECIALTY INSURANCE GROUP (SKWD)
Financials · Specialty Insurance · NASDAQ
A diversified specialty insurance company focused on underwriting niche property and casualty insurance products.
What SKYWARD SPECIALTY INSURANCE GROUP does
Skyward Specialty Insurance Group is a diversified specialty insurance company that provides underwriting solutions across multiple niche markets. The company operates through a variety of specialty insurance segments, including commercial property, general liability, professional liability, and transactional insurance products.
Themes: specialty insurance underwriting, P&C insurance, niche commercial insurance
Fundamentals
- Price$56.89 as of 2026-08-21 close
- Market cap$2.5B as of 2026-08-21
- 1-year return+15.1% 2025-08-21 close $49.44 → 2026-08-21 close $56.89
- P/E14.74 as of 2026-08-24
- Net margin+11.3% as of 2026-08-24
- ROE+17.3% as of 2026-08-24
- Debt / equity0.40 as of 2026-08-24
- Revenue growth (YoY)+29.8% as of 2026-08-24
- Revenue CAGR (3y)+30.2% SEC XBRL
- Beta0.33 as of 2026-08-24
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How SKWD compares in its sector
- price-to-earnings ratiomiddle range 513 covered Financials peers, as of 2026-08-24
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- return on equitytop 25% 575 covered Financials peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 347 covered Financials peers
- free cash flow (absolute dollars, latest fiscal year)middle range 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
SKWD is not currently in any published Top 10 list. Its scores are below.
Long-term score
Not scored for the long-term list: no shareholder return data.
Short-term score
48.5 #897 of 1,704 scored · #158 of 277 in Financials
Volume and participation 79th: it gapped 6.3% above the previous close and has not traded back through the level it left behind — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed; catalysts 59th: analysts have raised their average price target by 5.2% since the prior reading; weakest is trend 31st: the price is 5% below the average price paid over the period covered, so the typical buyer over that stretch is under water.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
How SKYWARD SPECIALTY INSURANCE GROUP looks technically
SKYWARD SPECIALTY INSURANCE GROUP (SKWD) is trading 15.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 40 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 10 trading days ago (its momentum flipped negative). It made a new 20-day low about 2 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 15.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +15.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $58.30 | $58.30 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $49.33 | $49.33 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 15 calendar days ago — the swings before that are what the structure reading is measured on | 15 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 65.69. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 40 trading days ago — a "golden cross", a bullish long-term signal | 40 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 21.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 43, neither overbought (above 70) nor oversold (below 30) | 43.4 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($54.02 to $65.69) — its "stochastic" reading is 25 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 24.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 10 trading days ago (its momentum flipped negative) | 10 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $65.69 | $65.69 |
|---|---|---|
| From the 52-week high | it is 13.4% below its 52-week high (its highest price of the past year) | -13.4% |
| Above the 52-week low | it is 40.1% above its 52-week low (its lowest price of the past year) | +40.1% |
| Below the 52-week high | it is 13.4% below its highest point of the past year | 13.4% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day high about 12 trading days ago | 12 sessions |
| All-time high | its highest closing price on record is $65.69 (set on 2026-08-06) | $65.69 |
| Given back of the 52-week move | over the past year its closes ranged ($41.26 to $65.63), and it has given back roughly a third of its rise from last year’s low — 36% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $49.79 to $50.57. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 35.9% |
| From the all-time high | it is 13.4% below its all-time high | -13.4% |
| Nearest price level | it is sitting right on a support level at $56.88 — a price it turned at twice since 2025-04-23, most recently on 2026-07-23. Since 2024-08-21 it has 13 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.0% |
| All-time low | its lowest closing price on record is $17.50 (set on 2023-01-20) | $17.50 |
| Above the all-time low | it is 225.1% above its all-time low | +225.1% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are wider than usual versus its own recent 6-month history (wider than about 71% of it) | 71st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.28 between its high and its low — about 4.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.28 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $55.44 and $65.47 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $55.44 – $60.45 – $65.47 |
| Typical daily range (% of price) | its price moves about 4.0% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.0% |
| Stretch from the 200-day average | it is trading 3.3 daily ranges above its 200-day average price (15.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.3 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.01× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 5.2% since the prior reading | +5.2% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a bearish engulfing | 2 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 2 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.3% |
|---|---|---|
| Open gap | it gapped 6.3% above the previous close 49 sessions ago and has not traded back through the level it left behind at 46.15 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +6.3% |
| Gap filled | a 2.6% gap down opened on 2026-08-20 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 1 session ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.7 percentage points (the stock lost 5.4% while the market gained 2.3%) | -7.7% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 17.9 percentage points (the stock gained 21.0% while the market gained 3.1%) | +17.9% |
| vs market, 6 months | over the past 6 months this stock beat the market by 10.3 percentage points (the stock gained 21.4% while the market gained 11.1%) | +10.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 5.4 percentage points (the stock gained 15.1% while the market gained 20.5%) | -5.4% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: a fresh 20-day low, MACD momentum is negative — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.5% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 6.8% of the share price. | +0.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 13% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $50.49 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | +12.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% below the average price paid since it last reported on 2026-08-04 (its 8-K), so the typical buyer over that stretch is under water. That average is $60.15 — a volume-weighted average of daily closes over 14 sessions, not a true tick-by-tick VWAP. | -5.4% |
Price levels it has turned at before
SKWD last closed at $56.89 on 2026-08-21. Since 2024-08-21 it has turned at 13 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $56.88 | Support | at the last close | turned there twice · 2025-04-23 to 2026-07-23 |
| $55.66 | Support | 2.2% below the last close | turned there four times · 2024-12-05 to 2026-07-15 |
| $59.82 | Resistance | 5.2% above the last close | turned there twice · 2025-05-23 to 2025-06-24 |
| $53.52 | Support | 5.9% below the last close | turned there three times · 2025-07-31 to 2025-12-23 |
| $63.58 | Resistance | 11.8% above the last close | turned there three times · 2025-05-20 to 2026-07-28 |
| $65.37 | Resistance | 14.9% above the last close | turned there twice · 2025-06-02 to 2026-08-06 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $65.69.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Broke down to a new 20-day low · Analyst price target recently RAISED · beating the market · Under water since its last earnings report (below the anchored VWAP) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.92 mean, 1=Strong Buy…5=Strong Sell) — 11 analysts
- Mean price target$70.55 range $56.00 – $80.00; median $72.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for SKWD
- Consensus EPS estimate$1.22 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Volatility in underwriting results and loss reserves due to catastrophe events or unexpected claims frequency.","Dependence on reinsurance recoverables and the creditworthiness of reinsurers.","Market risk and interest rate risk affecting the fair value of the fixed maturity investment portfolio."]
What changed in the latest 10-Q
AI-assisted comparison of SKWD's 10-Q filed 2026-05-11 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing references 'Skyward Group' as unified holding company brand for both Skyward Specialty and Apollo (effective January 1, 2026)
- Newer filing discloses Apollo acquisition closed on January 1, 2026 with total consideration of $559.1 million ($371.1 million cash plus 3,679,332 shares)
- Newer filing includes description of Apollo as integrated specialty insurance and reinsurance group operating in Lloyd's of London market
- Newer filing includes 'Updates to Key Operating and Financial Metrics' section reflecting post-acquisition metric definitions
- Newer filing introduces 'Underwriting fee income' line item ($10.1 million in Q1 2026) not present in older filing
- Newer filing introduces 'Fee-based service expenses' line item ($4.2 million in Q1 2026) not present in older filing
- Newer filing includes 'Operating income (loss)' metric ($56.8 million Q1 2026) alongside underwriting income
- Newer filing reports 'Annualized operating return on equity' metric (20.3% Q1 2026) not in older filing
- Newer filing references 2025 Form 10-K instead of 2024 Form 10-K
- Newer filing reports quarterly results for three months ended March 31, 2026 versus older filing reporting nine months ended September 30, 2025
- Removed:
- Older filing's discussion of Apollo acquisition as pending transaction removed (now closed)
- Older filing's reference to debt commitment letters from Barclays Bank removed
- Older filing's reference to acquisition-related expenses of $3.1 million removed
- Older filing's disclosure of nine-month results removed in newer filing (only three-month results presented)
- Older filing's disclosure of updated underwriting divisions (ninth division Agriculture and Credit) removed in newer filing
- Older filing's 'Adjusted Operating Income' metric replaced with 'Operating Income' in newer filing
- Older filing's 'Adjusted return on equity' and 'Adjusted return on tangible equity' metrics removed in newer filing
- Reworded:
- Company name reference changed from 'Skyward Specialty' to 'Skyward Group' throughout
- Term 'third quarter' changed to 'first quarter' to reflect different reporting period
- Older filing described Skyward Specialty as 'specialty insurance holding company incorporated in Delaware' versus newer filing describing 'Skyward Group' as 'holding company brand for its U.S. and U.K. businesses'
- Older filing stated 'one reportable segment' whereas newer filing indicates distinct market-facing brands (Skyward Specialty and Apollo) under unified holding structure
- 'Net expense ratio' terminology in newer filing versus 'Expense ratio' in older filing
- Newer filing emphasizes 'brand architecture' preserving 'equity and reputational strength' of both organizations
- Notes:
- The two filings cover different reporting periods (Q1 2026 versus Q3 2025), which accounts for many financial metric differences
- Comparison is between post-acquisition (newer) and pre-acquisition (older) periods, representing a fundamental change in company structure
- The older filing discusses a pending Apollo acquisition while newer filing reports results of completed acquisition
- Non-GAAP metrics were redefined following the Apollo acquisition, creating methodological changes in metric presentation
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 1 open-market sale by insiders in the last 90 days.
- Last 90 days0 buys · 1 sell ($430963) — 1 selling insider
- Last 180 days3 buys ($94200) · 4 sells ($465262) — 1 buying, 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-12. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SKWD's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 2 matched disclosures for SKWD from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Institutional ownership (13F)
5 institutional 13F filers reported holding SKWD as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 4,705,139
- Reported value $205,520,480
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
SKWD had 1,800,942 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
SKWD had 4.06% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.83 days to cover at the same settlement.
- Reported short interest (shares) 1,800,942
- Short interest (% of shares outstanding) 4.06%
- Prior settlement (shares) 2,056,705
- Reported change -12.44%
- Days to cover (reported) 3.83
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Arch Capital Group (ACGL)
- Everest Group (EG)
- W. R. Berkley Corporation (WRB)
- RenaissanceRe (RNR)
- Axis Capital (AXS)
- Markel Group (MKL)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare SKWD vs…
Frequently asked questions
What does SKYWARD SPECIALTY INSURANCE GROUP (SKWD) do?
Skyward Specialty Insurance Group is a diversified specialty insurance company that provides underwriting solutions across multiple niche markets. The company operates through a variety of specialty insurance segments, including commercial property, general liability, professional liability, and transactional insurance products.
What sector is SKYWARD SPECIALTY INSURANCE GROUP (SKWD) in?
SKYWARD SPECIALTY INSURANCE GROUP (SKWD) is classified in the Financials sector. Its industry is Specialty Insurance. It trades on NASDAQ.
Who are SKYWARD SPECIALTY INSURANCE GROUP's (SKWD) competitors?
Notable peers of SKYWARD SPECIALTY INSURANCE GROUP (SKWD) include Arch Capital Group, Everest Group, W. R. Berkley Corporation, RenaissanceRe and Axis Capital. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in SKWD?
Yes — we hold 2 matched STOCK Act disclosures for SKWD from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is SKYWARD SPECIALTY INSURANCE GROUP (SKWD) overbought or oversold right now?
SKYWARD SPECIALTY INSURANCE GROUP (SKWD) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 43, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SKWD come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.