TWFG, Inc. (NASDAQ:TWFG) Receives Consensus Rating of “Hold” from Brokerages

TWFG, Inc. (NASDAQ:TWFG) has been assigned a consensus recommendation of “Hold” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $32.8571.

TWFG has been the topic of several research analyst reports. Royal Bank Of Canada began coverage on TWFG in a research note on Monday, November 24th. They issued an “outperform” rating and a $33.00 price objective on the stock. UBS Group dropped their target price on shares of TWFG from $42.00 to $39.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Morgan Stanley lifted their price target on shares of TWFG from $30.00 to $31.00 and gave the company an “equal weight” rating in a report on Monday, November 17th. JPMorgan Chase & Co. upped their price objective on shares of TWFG from $30.00 to $31.00 and gave the stock a “neutral” rating in a research report on Monday, November 17th. Finally, Piper Sandler cut their target price on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday, August 14th.

Institutional Investors Weigh In On TWFG

Several hedge funds have recently modified their holdings of TWFG. TD Asset Management Inc boosted its stake in shares of TWFG by 25.2% in the 1st quarter. TD Asset Management Inc now owns 52,942 shares of the company’s stock valued at $1,636,000 after purchasing an additional 10,666 shares during the last quarter. Riverbridge Partners LLC acquired a new position in TWFG in the second quarter valued at $12,049,000. Nuveen LLC acquired a new position in TWFG in the first quarter valued at $15,501,000. Ascent Group LLC boosted its position in TWFG by 131.0% during the first quarter. Ascent Group LLC now owns 43,883 shares of the company’s stock valued at $1,356,000 after acquiring an additional 24,887 shares during the last quarter. Finally, Alyeska Investment Group L.P. grew its holdings in TWFG by 15.5% during the 1st quarter. Alyeska Investment Group L.P. now owns 263,324 shares of the company’s stock worth $8,139,000 after acquiring an additional 35,357 shares during the period.

TWFG Trading Down 0.8%

Shares of NASDAQ:TWFG opened at $28.36 on Friday. The company has a market capitalization of $1.59 billion, a P/E ratio of 64.46 and a beta of 0.25. TWFG has a 1 year low of $23.52 and a 1 year high of $36.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 101.35 and a quick ratio of 101.35. The business’s 50 day simple moving average is $26.59 and its 200 day simple moving average is $29.65.

TWFG (NASDAQ:TWFG) last announced its quarterly earnings data on Wednesday, November 12th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. TWFG had a net margin of 2.87% and a return on equity of 8.74%. The business had revenue of $64.12 million for the quarter, compared to analysts’ expectations of $64.15 million. TWFG has set its FY 2025 guidance at EPS. On average, research analysts anticipate that TWFG will post 0.57 EPS for the current fiscal year.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.