2 weeks Ago By ABMN Staff
Bowhead Specialty Holdings Inc. ( NYSE:BOW – Get Free Report ) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 74,200 shares, a growth of 149.
0% from the August 31st total of 29,800 shares. Based on an average trading volume of 151,300 shares, the short-interest ratio is currently 0.5 days.
Approximately 0.4% of the company’s stock are short sold. Bowhead Specialty Stock Performance Shares of NYSE:BOW opened at $27.
69 on Friday. Bowhead Specialty has a 1 year low of $22.14 and a 1 year high of $32.
55. The firm’s fifty day simple moving average is $28.67.
Bowhead Specialty ( NYSE:BOW – Get Free Report ) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.
27 by $0.01. The company had revenue of $98.
90 million during the quarter, compared to the consensus estimate of $94.28 million. The company’s revenue was up 51.
0% compared to the same quarter last year. On average, research analysts predict that Bowhead Specialty will post 1.3 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Bowhead Specialty Wall Street Analysts Forecast Growth Several equities analysts have recently issued reports on BOW shares. JPMorgan Chase & Co. began coverage on shares of Bowhead Specialty in a report on Monday, June 17th.
They set a “neutral” rating and a $27.00 target price for the company. JMP Securities initiated coverage on Bowhead Specialty in a report on Monday, June 17th.
They issued an “outperform” rating and a $31.00 target price on the stock. Royal Bank of Canada restated an “outperform” rating and set a $32.
00 price target on shares of Bowhead Specialty in a report on Wednesday, August 7th. Morgan Stanley began coverage on shares of Bowhead Specialty in a research note on Monday, June 17th. They issued an “equal weight” rating and a $26.
00 price target on the stock. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Bowhead Specialty in a research note on Monday, June 17th. They set a “market perform” rating and a $30.
00 price objective for the company. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $29.
20. Get Our Latest Research Report on BOW About Bowhead Specialty ( Get Free Report ) 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.
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