TWFG, Inc. Receives Positive Analyst Ratings
TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has recently garnered an average rating of "Moderate Buy" from nine analysts monitoring the company, as reported by MarketBeat. Among these analysts, three have assigned the stock a hold rating while six have recommended a buy. The consensus 1-year target price set by brokers analyzing the stock is $31.14.
Several analysts have shared their insights regarding TWFG. On August 30, JPMorgan Chase & Co. raised their price target for TWFG shares from $26.50 to $28.00, designating the stock with an "overweight" rating. On November 11, Piper Sandler increased their price estimate for TWFG from $30.00 to $37.00, also giving it an "overweight" rating in their report. Additionally, DOWLING & PARTN upgraded TWFG's rating to "hold" on September 11. Moreover, William Blair initiated coverage of TWFG, issuing an "outperform" rating on August 21. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a price target of $30.00 on TWFG shares in their report on August 28.
Institutional Investment Activity
Recent reports indicate a shift in institutional holdings for TWFG. In the third quarter, Seven Grand Managers LLC acquired a new stake in TWFG valued at about $814,000. Symphony Financial Ltd. Co. also entered the scene with a stake worth approximately $310,000 during the same period. Emerald Mutual Fund Advisers Trust added a new position in TWFG worth $133,000. Royce & Associates LP purchased a larger position valued at $1,546,000, while FMR LLC made a notable acquisition of $34,942,000 worth of shares in the third quarter.
TWFG Stock Performance Overview
As of the last trading session, TWFG shares opened at $30.81. Over the past year, the stock has hit a low of $21.31 and reached a high of $36.50. The company boasts a debt-to-equity ratio of 0.02, indicating a stable financial posture, alongside a quick ratio and a current ratio both standing at an impressive 122.61. The stock currently has a 50-day simple moving average of $31.87.
Business Profile of TWFG, Inc.
TWFG, Inc. operates a diverse distribution platform for both personal and commercial insurance products throughout the United States. The company's offerings include a range of insurance policies such as auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, as well as business-related insurance products encompassing workers' compensation and general liability, among others.
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