The Baldwin Insurance Group, Inc. (BWIN) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
The Baldwin Insurance Group, Inc. (BWIN) trades at $25.89 with AI Score 23/100 (Grade F). The Baldwin Insurance Group, Inc. Market cap: $1.94B, Sector: Financial services.
Price as of Jul 23, 2026 · Last analyzed: May 10, 2026BWIN stock analysis for 2026: Analysts have set a consensus price target of $31.50 for The Baldwin Insurance Group, Inc., suggesting 21.7% upside from the current price of $25.89. The AI MoonshotScore is 23/100, indicating a strong bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
BWIN: 1/3 scored disciplines lean bearish. Dominant signal: Financial Safety weak.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
The Baldwin Insurance Group, Inc. (BWIN) Financial Services Profile
The Baldwin Insurance Group, Inc. (BWIN) is an independent insurance distribution firm offering diverse insurance and risk management solutions across the U.S. Operating through three segments, BWIN caters to businesses, high-net-worth individuals, and communities, leveraging its technology platform and advisory services to maintain a competitive edge in the fragmented insurance brokerage market.
What Is the Investment Thesis for BWIN?
The Baldwin Insurance Group, Inc. (BWIN) presents a compelling investment case driven by its diversified business model and strategic focus on technology integration. The company's three segments – Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions – provide multiple revenue streams and reduce reliance on any single market segment. BWIN's focus on technology, particularly through its Future platform, enhances its underwriting capabilities and operational efficiency. However, investors should be aware of the company's current negative profit margin of -2.8%, which indicates potential challenges in achieving profitability. The company's beta of 1.30 suggests higher volatility compared to the market, which could impact investment returns. Despite these risks, BWIN's strategic initiatives and market positioning offer significant growth potential.
Based on FMP financials and quantitative analysis
BWIN Key Highlights
- Market capitalization of $1.94B, reflecting its significant presence in the insurance brokerage market.
- Operates through three segments: Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions, providing diversified revenue streams.
- Employs approximately 4,000 individuals, indicating a substantial operational scale.
- Gross margin of 24.2%, demonstrating its ability to generate revenue above the cost of goods sold.
- Beta of 1.30, suggesting higher volatility compared to the overall market.
Who Are BWIN's Competitors?
BWIN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MMC Marsh & McLennan Companies, Inc. | $182.70 | -1.58% | $89.8B | 50 |
| AON Aon plc | $355.78 | +0.98% | $76.0B | 52 |
| WLTW Willis Towers Watson Public Limited Company | $231.56 | -1.19% | $24.7B | 46 |
| BRP BRP Group, Inc. | $32.66 | +0.46% | $2.16B | 48 |
| FANH Fanhua Inc. | $1.53 | -0.65% | $1.74B | 46 |
| ARX Accelerant Holdings | $13.60 | +1.04% | $3.00B | 53 |
| CRVL CorVel Corporation | $58.94 | -0.10% | $3.01B | 41 |
| SBIGY Sabre Insurance Group plc | $8.71 | +0.00% | $537M | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BWIN's Key Strengths?
- Diversified revenue streams across multiple insurance segments.
- Technology-enabled platform enhancing underwriting and operational efficiency.
- Strong focus on customer service and personalized advice.
- Experienced management team with a proven track record.
What Are BWIN's Weaknesses?
- Negative profit margin (-2.8%) indicating potential profitability challenges.
- High beta (1.30) suggesting higher volatility compared to the market.
- Reliance on commissions and fees, which can be cyclical.
- Potential integration challenges from acquisitions.
What Could Drive BWIN Stock Higher?
- Further development and expansion of the Future platform to enhance underwriting capabilities and customer experience.
- Strategic acquisitions to expand geographic reach and service offerings.
- Enhanced cross-selling opportunities across different business segments to increase revenue and customer retention.
- Focus on high-net-worth individuals to drive revenue and profitability in the Insurance Advisory Solutions segment.
What Are the Key Risks for BWIN?
- Financial-distress signal — its Altman Z-Score of 0.44 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-6.5%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Increasing competition from both large national brokers and smaller regional firms.
- Regulatory changes impacting the insurance industry and compliance costs.
- Economic downturns affecting demand for insurance products and services.
- Cybersecurity threats and data breaches compromising sensitive customer information.
- Negative profit margin (-2.8%) indicating potential profitability challenges.
What Are the Growth Opportunities for BWIN?
- Expansion of the Future Platform: The Baldwin Insurance Group, Inc. can drive growth by further developing and expanding its Future platform. This technology-enabled insurance product suite, covering personal, commercial, and specialty lines, offers a significant opportunity to capture a larger market share. By investing in technology and innovation, BWIN can enhance its underwriting capabilities, improve customer experience, and streamline operations. The market for technology-driven insurance solutions is projected to grow substantially, offering BWIN a competitive advantage.
- Strategic Acquisitions: The Baldwin Insurance Group, Inc. can pursue strategic acquisitions to expand its geographic reach and service offerings. By acquiring smaller, specialized insurance agencies, BWIN can quickly enter new markets and gain access to new customer segments. This approach allows BWIN to leverage its existing infrastructure and expertise to drive growth and increase market share. The insurance brokerage industry remains fragmented, providing ample opportunities for consolidation.
- Enhanced Cross-Selling Opportunities: The Baldwin Insurance Group, Inc. can leverage its diversified business segments to enhance cross-selling opportunities. By offering a comprehensive suite of insurance and risk management solutions across its Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions segments, BWIN can increase customer retention and drive revenue growth. This strategy involves identifying customer needs across different segments and tailoring solutions to meet those needs.
- Focus on High-Net-Worth Individuals: The Baldwin Insurance Group, Inc. can focus on expanding its services to high-net-worth individuals through its Insurance Advisory Solutions segment. This segment offers specialized risk management and insurance solutions tailored to the unique needs of affluent clients. By providing personalized advice and comprehensive coverage, BWIN can capture a larger share of the high-net-worth market. The demand for specialized insurance solutions among high-net-worth individuals is growing, presenting a significant opportunity for BWIN.
- Geographic Expansion: The Baldwin Insurance Group, Inc. can expand its geographic presence by targeting underserved markets in the United States. By establishing new offices or acquiring existing agencies in strategic locations, BWIN can increase its market reach and diversify its revenue streams. This expansion strategy involves identifying markets with strong growth potential and tailoring its service offerings to meet the specific needs of local customers. Geographic expansion can also help BWIN reduce its reliance on any single region and mitigate risk.
What Opportunities Does BWIN Have?
- Expansion of the Future platform to capture a larger market share.
- Strategic acquisitions to expand geographic reach and service offerings.
- Enhanced cross-selling opportunities across different business segments.
- Focus on high-net-worth individuals to increase revenue and profitability.
What Threats Does BWIN Face?
- Increasing competition from both large national brokers and smaller regional firms.
- Regulatory changes impacting the insurance industry.
- Economic downturns affecting demand for insurance products.
- Cybersecurity threats and data breaches.
What Are BWIN's Competitive Advantages?
- Diversified service offerings across multiple insurance segments.
- Technology-enabled platform (Future) enhancing underwriting and operational efficiency.
- Strong relationships with insurance carriers and clients.
- Experienced management team with a proven track record.
What Does BWIN Do?
Founded in 2011 and headquartered in Tampa, Florida, The Baldwin Insurance Group, Inc. (BWIN) has rapidly evolved into a prominent independent insurance distribution firm in the United States. Originally known as BRP Group, Inc., the company rebranded in May 2024 to better reflect its strategic vision and expanded service offerings. BWIN operates through three key segments: Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment focuses on providing commercial risk management, employee benefits, and private risk management solutions to businesses and high-net-worth individuals and their families. This segment offers tailored advice and comprehensive insurance coverage to meet the unique needs of its clients. The Underwriting, Capacity & Technology Solutions segment features the Future platform, which manufactures a technology-enabled suite of insurance products across personal, commercial, and specialty lines. This segment also includes a specialty wholesale broker business that serves professionals, individuals, and niche industry businesses, as well as reinsurance brokerage services. This segment leverages technology to enhance efficiency and expand its product offerings. The Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in local communities. This segment focuses on building strong relationships with clients and providing accessible insurance options. BWIN's strategic approach combines personalized advisory services with advanced technology to deliver comprehensive insurance and risk management solutions, positioning it as a key player in the insurance brokerage industry.
What Products and Services Does BWIN Offer?
- Provides commercial risk management solutions to businesses.
- Offers employee benefits solutions to companies.
- Delivers private risk management solutions to high-net-worth individuals and their families.
- Operates the Future platform, a technology-enabled insurance product suite.
- Provides specialty wholesale broker services to professionals and niche industries.
- Offers reinsurance brokerage services.
- Provides personal insurance solutions to individuals.
- Provides commercial insurance solutions to businesses in communities.
How Does BWIN Make Money?
- Generates revenue through commissions and fees from insurance policies sold.
- Offers advisory services for risk management and insurance planning.
- Utilizes a technology platform to streamline underwriting and policy management.
- Provides a diversified range of insurance products across personal, commercial, and specialty lines.
What Industry Does BWIN Operate In?
The Baldwin Insurance Group, Inc. operates within the insurance brokerage industry, a sector characterized by fragmentation and increasing competition. The industry is experiencing a shift towards digital solutions, with firms like BWIN leveraging technology to enhance underwriting and customer service. Market trends include increasing demand for specialized insurance products and risk management services, driven by evolving business landscapes and regulatory changes. BWIN's diversified business model and focus on technology integration position it to capitalize on these trends, but it faces competition from both large national brokers and smaller regional firms.
Who Are BWIN's Key Customers?
- Businesses seeking commercial risk management solutions.
- High-net-worth individuals requiring private risk management services.
- Individuals seeking personal insurance coverage.
- Professionals and niche industry businesses requiring specialty wholesale broker services.
Net sellingInsider Activity
Over the past six months, The Baldwin Insurance Group, Inc. insiders filed 13 SEC Form 4 transactions — 4 sales and 9 purchases. On net that is roughly 309K shares disposed (about $311K), a signal worth weighing alongside the fundamentals.
FY2026 estForward Outlook
Wall Street analysts project The Baldwin Insurance Group, Inc. revenue of about $2.01B for fiscal 2026, with EPS near $2.02. The estimate reflects 6 contributing analysts.
F-Score 2/9Financial Health
The Baldwin Insurance Group, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.44 places it in the distress zone, a signal of elevated financial risk.
ROE -6%Key Financial Metrics
Return on equity for The Baldwin Insurance Group, Inc. stands at -6.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.8%, showing how much profit it generates from its asset base. Its free cash flow yield is -0.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.08 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -2.6%, the inverse of the P/E and a quick read on earnings relative to price.
The Baldwin Insurance Group, Inc. (BWIN) Valuation Context
Valued at $1.94B, BWIN is classified as a small-cap stock. Relative to its peer group, BWIN's quantitative score of 23/100 is below the peer average of 48/100.
Company Profile
The Baldwin Insurance Group, Inc. operates in the Insurance - Brokers industry within the Financial Services sector. It is headquartered in Tampa, US. The company is led by CEO Trevor Lowry Baldwin. BWIN has traded publicly since 2019.
BWIN Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that management believes in the growth potential.
- Community sentiment has shifted positively, with discussions highlighting strong customer retention rates and expanding service offerings.
- Analysts have noted a favorable regulatory environment for insurance companies, which could benefit Baldwin in terms of profitability.
- Recent partnerships with tech firms to enhance digital services have garnered positive attention, positioning Baldwin as an innovator in the industry.
Bear Case
- Concerns about rising operational costs have surfaced, with discussions around potential impacts on profit margins in the near term.
- Social sentiment reflects skepticism regarding the company's ability to compete with larger players in the insurance market, which may hinder growth.
- Negative community discussions focus on the potential for economic downturns affecting premium collections and overall demand for insurance products.
- Insider selling has been reported alongside the buying, raising questions about the long-term commitment of key stakeholders to the company's vision.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
BWIN Latest News
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Micron Technology To $1,500? Here Are 10 Top Analyst Forecasts For Tuesday
benzinga · Jun 23, 2026
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Stocks Mostly Lower on Weakness in Megacap Tech and Software Stocks
Barchart · Jun 22, 2026
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Apogee Therapeutics, Definium Therapeutics, Baldwin Insurance And Other Big Stocks Moving Higher On Monday
benzinga · Jun 22, 2026
BWIN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BWIN.
Price Targets
Consensus target: $31.50
BWIN MoonshotScore
What does this score mean?
The MoonshotScore rates BWIN 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Latest News
Micron Technology To $1,500? Here Are 10 Top Analyst Forecasts For Tuesday
Stocks Mostly Lower on Weakness in Megacap Tech and Software Stocks
Apogee Therapeutics, Definium Therapeutics, Baldwin Insurance And Other Big Stocks Moving Higher On Monday
Latest The Baldwin Insurance Group, Inc. Analysis
Leadership: Trevor Lowry Baldwin
Chief Executive Officer
Trevor Lowry Baldwin serves as the Chief Executive Officer of The Baldwin Insurance Group, Inc. He has been instrumental in guiding the company's strategic direction and growth since its inception. With extensive experience in the insurance industry, Baldwin has demonstrated strong leadership in managing and scaling the business. His background includes a deep understanding of insurance brokerage, risk management, and technology integration. He is responsible for overseeing the company's overall operations and ensuring its continued success in the competitive insurance market.
Track Record: Under Trevor Lowry Baldwin's leadership, The Baldwin Insurance Group, Inc. has achieved significant milestones, including successful acquisitions and the development of the Future platform. He has overseen the company's rebranding from BRP Group, Inc. to The Baldwin Insurance Group, Inc. in May 2024, reflecting its strategic vision. His focus on technology and innovation has positioned BWIN as a key player in the insurance brokerage industry.
Common Questions About BWIN (Financial Services)
What does the AI Score mean for BWIN?
BWIN holds an AI Score of 23/100 (Grade: F). This is an educational research signal, not a buy or sell recommendation. The Baldwin Insurance Group, Inc. (BWIN) is an independent insurance distribution firm providing a range of insurance and risk management solutions across the United States. It operates through …
What does The Baldwin Insurance Group, Inc. do?
The Baldwin Insurance Group, Inc. (BWIN) operates as an independent insurance distribution firm, providing a range of insurance and risk management solutions across the United States. The company functions through three segments: Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions.
What do analysts say about BWIN stock?
Analyst consensus on The Baldwin Insurance Group, Inc. (BWIN) stock reflects a mixed outlook, with considerations around its growth potential and current financial metrics. Key valuation metrics suggest a need for improved profitability, as indicated by the negative profit margin. Growth considerations include the company's ability to successfully integrate acquisitions and expand its technology platform.
What are the main risks for BWIN?
The main risks for The Baldwin Insurance Group, Inc. (BWIN) include increasing competition from both large national brokers and smaller regional firms, which could impact market share and profitability. Regulatory changes in the insurance industry pose a risk, potentially increasing compliance costs and affecting business operations. Economic downturns could reduce demand for insurance products and services, impacting revenue.
What are the key factors to evaluate for BWIN?
The Baldwin Insurance Group, Inc. (BWIN) holds an AI score of 23/100 (low). P/E: 8.5x vs the S&P 500's ~20-25x. Analysts target $31.50 (+22%). Not financial advice.
How frequently does BWIN data refresh on this page?
BWIN's price was last updated on Jul 23, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven BWIN's recent stock price performance?
The Baldwin Insurance Group, Inc. (BWIN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified revenue streams across multiple insurance segments. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BWIN overvalued or undervalued right now?
The Baldwin Insurance Group, Inc. (BWIN) trades at 8.5x earnings. Analysts target $31.50 (+22%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research BWIN before investing?
Before investing in The Baldwin Insurance Group, Inc. (BWIN), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available profile, fundamentals, and existing AI insights.
- Financial data is as of 2026-05-10, and future performance may vary.
- Analyst opinions and ratings are subject to change.