The Baldwin Insurance Group, Inc. (BWIN)Financial Services | Insurance Brokers | Tampa, United States | NasdaqGS
25.82 USD
+0.78
(3.115%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 10:26 p.m. EDT
Baldwin Insurance (BWIN) presents a conflicted picture: near-term technicals and analyst sentiment are shifting bullish following earnings, yet the company remains fundamentally impaired by negative operating margins and a history of NAV erosion (no dividends). The options market reflects this dichotomy with speculative calls targeting a rebound, while sellers remain over-exposed via long-dated puts for protection. Until operating profitability turns positive and book value stabilizes, this remains a high-risk consolidation play rather than a fundamental growth opportunity. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.163000 |
| AutoETS | 0.163008 |
| AutoTheta | 0.168797 |
| MSTL | 0.173783 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 76% |
| H-stat | 0.09 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.041 |
| Excess Kurtosis | -0.74 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 162.435 |
| Revenue per Share | 22.151 |
| Market Cap | 2,497,338,112 |
| Forward P/E | 10.29 |
| Beta | 1.30 |
| Profit Margins | -2.25% |
| Previous Name | BRP Group, Inc. |
| Website | https://www.baldwin.com |
As of April 18, 2026, 10:26 p.m. EDT: Calls show significant out-of-the-money (OTM) speculative positioning at the 30.0 strike for April (Top OI), suggesting a bullish gamma exacerbation or momentum bet. However, Put flow is overwhelmingly dominated by long-dated, deep ITM strikes (June 17.5, Jan 27.5, Jan 15.0), indicating a hedging strategy or defensive positioning rather than directional bearish betting. The short-term IV is higher in the near term (April expiry), implying elevated implied fear relative to long-dated contracts, but the net put/call flow suggests speculators are hedging potential upside rather than betting on a crash.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.38185298 |
| Address1 | 4,211 West Boy Scout Blvd. |
| Address2 | Suite 800 |
| All Time High | 55.82 |
| All Time Low | 8.35 |
| Ask | 32.01 |
| Ask Size | 2 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.9 - Buy |
| Average Daily Volume10 Day | 1,428,370 |
| Average Daily Volume3 Month | 1,780,514 |
| Average Volume | 1,780,514 |
| Average Volume10Days | 1,428,370 |
| Beta | 1.301 |
| Bid | 18.36 |
| Bid Size | 2 |
| Board Risk | 8 |
| Book Value | 8.362 |
| City | Tampa |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 25.82 |
| Current Ratio | 1.162 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 26.0 |
| Day Low | 24.95 |
| Debt To Equity | 162.435 |
| Display Name | The Baldwin Insurance |
| Earnings Call Timestamp End | 1,777,928,400 |
| Earnings Call Timestamp Start | 1,777,928,400 |
| Earnings Timestamp | 1,777,924,800 |
| Earnings Timestamp End | 1,777,924,800 |
| Earnings Timestamp Start | 1,777,924,800 |
| Ebitda | 214,150,000 |
| Ebitda Margins | 0.1423 |
| Enterprise To Ebitda | 21.57 |
| Enterprise To Revenue | 3.07 |
| Enterprise Value | 4,619,290,112 |
| Eps Current Year | 2.00442 |
| Eps Forward | 2.50858 |
| Eps Trailing Twelve Months | -0.5 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.6306 |
| Fifty Day Average Change | 5.1893997 |
| Fifty Day Average Change Percent | 0.25153896 |
| Fifty Two Week Change Percent | -38.1853 |
| Fifty Two Week High | 45.16 |
| Fifty Two Week High Change | -19.34 |
| Fifty Two Week High Change Percent | -0.4282551 |
| Fifty Two Week Low | 15.88 |
| Fifty Two Week Low Change | 9.94 |
| Fifty Two Week Low Change Percent | 0.62594455 |
| Fifty Two Week Range | 15.88 - 45.16 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,571,923,800,000 |
| Float Shares | 95,641,661 |
| Forward Eps | 2.50858 |
| Forward P E | 10.292676 |
| Free Cashflow | -20,126,500 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 4,955 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.30197 |
| Gross Profits | 454,432,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01153 |
| Held Percent Institutions | 0.84932 |
| Implied Shares Outstanding | 96,721,068 |
| Industry | Insurance Brokers |
| Industry Disp | Insurance Brokers |
| Industry Key | insurance-brokers |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | The Baldwin Insurance Group, Inc. operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. The company operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. Its Insurance Advisory Solutions segment provides private risk management, commercial risk management, employee benefits, and Medicare insurance solutions for businesses and high-net-worth individuals, as well as their families. The Underwriting, Capacity & Technology Solutions segment offers MGA platform, that manufactures technology-enabled insurance product suite comprises personal, commercial, and professional lines. Its Mainstreet Insurance Solutions segment provides personal insurance, commercial insurance, and life and health solutions to individuals and businesses in communities, as well as offers reinsurance brokerage; and consultation for government assistance programs and solutions, including traditional Medicare and Medicare advantage and affordable care act to seniors and eligible individuals through a network of primarily independent contractor agents. The company was formerly known as BRP Group, Inc. and changed its name to The Baldwin Insurance Group, Inc. in May 2024. The Baldwin Insurance Group, Inc. was founded in 2011 and is headquartered in Tampa, Florida. |
| Long Name | The Baldwin Insurance Group, Inc. |
| Market | us_market |
| Market Cap | 2,497,338,112 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_427546442 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-04-20 |
| Net Income To Common | -33,813,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,497,337,975 |
| Number Of Analyst Opinions | 9 |
| Open | 25.01 |
| Operating Cashflow | -29,418,000 |
| Operating Margins | -0.025729999 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Phone | 866 279 0698 |
| Pre Market Change | 0.030000687 |
| Pre Market Change Percent | 0.11619166 |
| Pre Market Price | 25.85 |
| Pre Market Time | 1,776,771,294 |
| Prev Name | BRP Group, Inc. |
| Previous Close | 25.04 |
| Price Eps Current Year | 12.881532 |
| Price Hint | 2 |
| Price To Book | 3.0877779 |
| Price To Sales Trailing12 Months | 1.6594888 |
| Profit Margins | -0.02247 |
| Quick Ratio | 0.932 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.9 |
| Region | US |
| Regular Market Change | 0.779999 |
| Regular Market Change Percent | 3.11501 |
| Regular Market Day High | 26.0 |
| Regular Market Day Low | 24.95 |
| Regular Market Day Range | 24.95 - 26.0 |
| Regular Market Open | 25.01 |
| Regular Market Previous Close | 25.04 |
| Regular Market Price | 25.82 |
| Regular Market Time | 1,776,715,201 |
| Regular Market Volume | 1,339,800 |
| Return On Assets | 0.01459 |
| Return On Equity | -0.05174 |
| Revenue Growth | 0.053 |
| Revenue Per Share | 22.151 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 96,721,068 |
| Shares Percent Shares Out | 0.120900005 |
| Shares Short | 11,695,410 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 8,348,371 |
| Short Name | The Baldwin Insurance Group, In |
| Short Percent Of Float | 0.1333 |
| Short Ratio | 5.54 |
| Source Interval | 15 |
| State | FL |
| Symbol | BWIN |
| Target High Price | 40.0 |
| Target Low Price | 23.0 |
| Target Mean Price | 29.33333 |
| Target Median Price | 26.0 |
| Total Cash | 123,669,000 |
| Total Cash Per Share | 1.279 |
| Total Debt | 1,761,437,952 |
| Total Revenue | 1,504,883,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.5 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 26.922926 |
| Two Hundred Day Average Change | -1.1029263 |
| Two Hundred Day Average Change Percent | -0.040966064 |
| Type Disp | Equity |
| Volume | 1,339,800 |
| Website | https://www.baldwin.com |
| Zip | 33,607 |