TWFG (NASDAQ:TWFG) Upgraded at Royal Bank Of Canada

TWFG (NASDAQ:TWFG) was upgraded by investment analysts at Royal Bank Of Canada to a “moderate buy” rating in a research note issued on Monday,Zacks.com reports.

Several other research analysts have also weighed in on TWFG. Weiss Ratings reaffirmed a “sell (d)” rating on shares of TWFG in a research report on Wednesday, October 8th. Morgan Stanley lifted their price objective on shares of TWFG from $30.00 to $31.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Piper Sandler cut their price target on TWFG from $38.00 to $32.00 and set an “overweight” rating on the stock in a research note on Thursday, August 14th. UBS Group reduced their target price on TWFG from $42.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price objective on shares of TWFG from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Monday, November 17th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $32.86.

TWFG Stock Performance

Shares of TWFG opened at $28.59 on Monday. TWFG has a 1 year low of $23.52 and a 1 year high of $36.85. The company’s 50 day simple moving average is $26.46 and its 200 day simple moving average is $29.71. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 64.98 and a beta of 0.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 101.35 and a current ratio of 101.35.

TWFG (NASDAQ:TWFG) last released its earnings results on Wednesday, November 12th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.19 by $0.04. TWFG had a net margin of 2.87% and a return on equity of 8.74%. The firm had revenue of $64.12 million during the quarter, compared to analysts’ expectations of $64.15 million. TWFG has set its FY 2025 guidance at EPS. On average, sell-side analysts predict that TWFG will post 0.57 EPS for the current year.

Hedge Funds Weigh In On TWFG

Institutional investors have recently modified their holdings of the company. Nuveen LLC bought a new position in TWFG in the 1st quarter worth about $15,501,000. Central Securities Corp acquired a new stake in TWFG during the third quarter valued at approximately $12,348,000. T. Rowe Price Investment Management Inc. boosted its holdings in TWFG by 28.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company’s stock worth $61,470,000 after buying an additional 434,997 shares in the last quarter. Riverbridge Partners LLC acquired a new position in TWFG in the second quarter worth approximately $12,049,000. Finally, Giverny Capital Inc. bought a new stake in shares of TWFG during the 2nd quarter worth $6,225,000.

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.