Bowhead Specialty (BOW) Scheduled to Post Quarterly Earnings on Tuesday

Bowhead Specialty (NYSE:BOW) will be issuing its quarterly earnings data before the market opens on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Bowhead Specialty (NYSE:BOW) last issued its earnings results on Tuesday, August 6th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The firm had revenue of $98.90 million during the quarter, compared to the consensus estimate of $94.28 million. The firm’s revenue for the quarter was up 51.0% on a year-over-year basis. On average, analysts expect Bowhead Specialty to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Bowhead Specialty Stock Performance

Shares of NYSE:BOW opened at $29.96 on Tuesday. Bowhead Specialty has a 52-week low of $22.14 and a 52-week high of $32.55. The business has a 50 day moving average price of $29.49.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $32.00 price target on shares of Bowhead Specialty in a research report on Wednesday, August 7th. JMP Securities lifted their price objective on shares of Bowhead Specialty from $31.00 to $32.00 and gave the company a “market outperform” rating in a report on Tuesday, October 15th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $29.40.

About Bowhead Specialty

Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.