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BWIN

The Baldwin Insurance Group, Inc.

BWIN

NASDAQ·Financial Services·Insurance - Brokers·Mkt cap $2.5B

$30.88

-1.09%

P/E

-30.13

Mkt Cap

$2.5B

52-Wk Range

$15.88–$32.59

52-Week Range

$15.88 - $32.59

P/E

-30.13

Fwd P/E

15.36

Beta

1.03

Div Yield

0.00%

Avg Vol

1.5M

Shares Out

67.9M

Mkt Cap

$2.5B

Price action

Price chart

Down 4.6% over the trailing year

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

+60.5% over 3m

Quality

Thin

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

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

Next: Nov 3, 2026

Q3 26 RECAP

JUL 30, 2026

Reported EPS of $0.48 vs $0.47 consensus (+1.9% surprise). Revenue of $492.9M vs $492.3M expected (+0.1%). Beat on both top and bottom lines.

EPS beat +1.9%
Rev beat +0.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+1.9%

Revenue trend · last 8Q

+27%

+18%

+11%

+9%

+7%

+29%

+32%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$336.0M

$323.4M

$408.5M

$374.3M

$365.4M

$347.3M

$528.4M

$492.9M

Margins · last 8Q

Gross

Operating

-1.7%

Profit

-7.9%

Wall Street consensus

7 analysts · 57% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

57%

Hold

3

43%

Sell

0%

Median Price Target

Latest: UBS · Aug 3, 2026

vs Industry

How BWIN stacks vs Insurance - Brokers

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

Industry comparison data unavailable for this stock.