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BWIN

The Baldwin Insurance Group, Inc.

BWIN

NASDAQ·Financial Services·Insurance - Brokers·Mkt cap $2.0B

$28.41

▲ +5.57%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$15.88 - $43.64

P/E

-42.95

Fwd P/E

14.12

Beta

1.15

Div Yield

0.00%

Avg Vol

1.7M

Shares Out

67.9M

Mkt Cap

$2.0B

Price action

Price chart

Down 34.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Integrated multi-channel distribution platform combining advisory, underwriting, and retail insurance solutions
  • Technology-enabled Future platform providing scalable, differentiated insurance products across personal, commercial, and specialty lines
  • Diversified revenue streams across high-margin advisory services, underwriting capacity, and community-based insurance distribution
  • Independent broker model providing flexibility and access to multiple carriers and capacity sources
▼

Bear Case

1 risk

  • Average volatility.

Growth

Turning profitable

Expansion of technology-enabled insurance products through the Future platform to new markets and customer segments

Value

Fairly valued vs Insurance Brokers & Agencies peers

Momentum

Hot

+20.4% over 3m

Quality

Thin

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 30, 2026

“
Q2 26 RECAP

MAY 4, 2026

Reported EPS of $0.63 vs $0.64 consensus (-1.6% surprise). Revenue of $532.2M vs $524.1M expected (+1.6%).

EPS miss
Rev beat +1.6%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-1.6%

Next: Jul 30, 2026

Revenue trend · last 8Q

—

—

+27%

+18%

+11%

+9%

+7%

+29%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$338.7M

$336.0M

$323.4M

$408.5M

$374.3M

$365.4M

$347.3M

$528.4M

Margins · last 8Q

Gross

—

Operating

—

Profit

0.4%

View full earnings history →

Wall Street consensus

8 analysts · 63% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

63%

Hold

3

38%

Sell

0%

Median Price Target

—

Latest: BMO Capital · Jun 23, 2026

View full analyst page →

vs Industry

How BWIN stacks vs Insurance - Brokers

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.