BWIN

Baldwin Insurance Group Inc

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Advanced Chart

36.790

-0.57(-1.526%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

37.830

Open

37.550

VWAP

36.86

Vol

584.37K

Mkt Cap

4.36B

Low

36.550

Amount

21.54M

EV/EBITDA(TTM)

28.28

Total Shares

118.52M

6.21B

EV/OCF(TTM)

176.12

P/S(TTM)

6.12

The Baldwin Insurance Group, Inc. is an independent insurance distribution company. The Company’s business is divided into three operating groups: Insurance Advisory Solutions (IAS), Underwriting, Capacity & Technology Solutions (UCTS) and Mainstreet Insurance Solutions (MIS). The IAS operating group provides commercial risk management, employee benefits and private risk management solutions for businesses and high-net-worth individuals, as well as their families. The UCTS operating group consists of two distinct businesses, its MGA platform (MSI) and its reinsurance brokerage business, Juniper Re. Through MSI, it manufactures proprietary, technology-enabled insurance products that are then distributed internally via risk advisors across its other operating groups and externally via select distribution partners. The MIS operating group offers personal insurance, commercial insurance and life and health solutions to individuals and businesses in their communities.

5 Analyst Rating

18.70% Upside

Wall Street analysts forecast BWIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BWIN is 43.67 USD with a low forecast of 36.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

1 Hold

1 Sell

Moderate Buy

18.70% Upside

Current: 36.790

Low

36.00

Averages

43.67

High

50.00

18.70% Upside

Current: 36.790

Low

36.00

Averages

43.67

High

50.00

Wells Fargo

Underweight

maintain

$34 -> $36

2025-07-10

Reason

Wells Fargo

Price Target

$34 -> $36

2025-07-10

maintain

Underweight

Reason

Wells Fargo raised the firm's price target on Baldwin Group to $36 from $34 and keeps an Underweight rating on the shares ahead of quarterly results. The firm says the focus should be on pricing, loss trend, and reserves for P&C companies, organic and margin for brokers, and sales/VII/capital for life companies.

Jefferies

Yaron Kinar

Hold

Maintains

$41 → $42

2025-04-11

Reason

Jefferies

Yaron Kinar

Price Target

$41 → $42

2025-04-11

Maintains

Hold

Reason

Jefferies raised the firm's price target on Baldwin Group to $42 from $41 and keeps a Hold rating on the shares. Tariffs are a "manageable earnings risk for the well-capitalized and defensive" property and casualty group, the analyst tells investors in a research note. The firm says auto insurers have some ability to re-price quickly, and loss cost inflation concerns are already top of mind for the commercial group, "with any tariff impact likely to spur further discipline." It sees no notable effect in Q1 and remains most constructive on personal lines.

Wells Fargo

Elyse Greenspan

Sell

Maintains

$33 → $34

2025-04-10

Reason

Wells Fargo

Elyse Greenspan

Price Target

$33 → $34

2025-04-10

Maintains

Sell

Reason

Wells Fargo raised the firm's price target on Baldwin Group to $34 from $33 and keeps an Underweight rating on the shares. The firm notes that the quarter lost a little luster with the tariff backdrop and Wells thinks a bigger focus will be on any views of tariffs/ensuring macro backdrop.

JP Morgan

Pablo Singzon

Buy

Hold

Downgrades

$39 → $45

2025-04-08

Reason

JP Morgan

Pablo Singzon

Price Target

$39 → $45

2025-04-08

Downgrades

Buy

Hold

Reason

JPMorgan analyst Jimmy Bhullar downgraded Baldwin Group to Neutral from Overweight with a price target of $45, up from $39. There is is more risk to the company's fundamental outlook than previously given the current macro backdrop, and the stock's risk/reward seems more balanced at the current price, the analyst tells investors in a research note. Longer term, the firm remains upbeat about Baldwin's prospects.

BMO Capital

Charlie Lederer

Buy

Initiates

$53

2025-03-27

Reason

BMO Capital

Charlie Lederer

Price Target

$53

2025-03-27

Initiates

Buy

Reason

BMO Capital initiated coverage of Baldwin Group with an Outperform rating and $53 price target. Baldwin's current valuation makes it the "highest upside play" in insurance brokerage, with short interest near all-time highs despite an improving capital position, the analyst tells investors in a research note. BMO sees an an attractive valuation setup at current share levels.

Wells Fargo

Elyse Greenspan

Sell

Maintains

$38 → $33

2025-02-26

Reason

Wells Fargo

Elyse Greenspan

Price Target

$38 → $33

2025-02-26

Maintains

Sell

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Baldwin Insurance Group Inc (BWIN.O) is 19.59, compared to its 5-year average forward P/E of 25.36. For a more detailed relative valuation and DCF analysis to assess Baldwin Insurance Group Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

25.36

Current PE

19.59

Overvalued PE

33.25

Undervalued PE

17.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

13.13

Current EV/EBITDA

12.85

Overvalued EV/EBITDA

14.95

Undervalued EV/EBITDA

11.31

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.75

Current PS

1.76

Overvalued PS

2.23

Undervalued PS

1.27