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BOWBowhead Specialty Holdings Inc.
$32.00$1.1B
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BOW logoBowhead Specialty Holdings Inc.(BOW)Earnings, Financials & Key Ratios

BOW•NYSE•Insurance & Managed Care
$32.00
20.1× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustrySpecialty and excess surplus insurers
AboutBowhead Specialty Holdings Inc. provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments. The company distributes its products through distribution partners in wholesale and retail markets. Bowhead Specialty Holdings Inc. was formerly known as Bowhead Holdings Inc. and changed its name to Bowhead Specialty Holdings Inc. in March 2024. The company was founded in 2020 and is based in New York, New York. Bowhead Specialty Holdings Inc. operates as a subsidiary of Bowhead Insurance Holdings LP.Show more
  • Revenue$552M+29.6%
  • Combined Ratio87.8%-0.4%
  • Net Income$54M+40.6%
  • Return on Equity13.14%-3.4%
  • Medical Cost Ratio67.91%+3.0%
  • Operating Margin12.2%+2.8%
  • Net Margin9.75%+8.5%
  • ROA2.67%-6.3%
  • Equity / Assets18.9%-15.6%

BOW Price & Volume

Bowhead Specialty Holdings Inc. (BOW) stock price & volume — 10-year historical chart

Loading chart...

Rapid Specialty Growth Masks Emerging Reserve Risks

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Expanding
Profitability:Moderate
Financial:Healthy
Cash Flow:Robust
Primary Risk:Long-tail casualty reserve volatility

Key Thesis Takeaways

  • Bowhead Specialty is executing a high-growth strategy in the excess and surplus market, evidenced by a 26.1% year-over-year revenue increase to $154.8 million in 2026Q1.
  • While the firm has successfully improved its combined ratio to 86.7%, investors should remain cautious regarding the long-term adequacy of loss reserves given the company's relatively young casualty portfolio.
  • Future performance will likely depend on the firm's ability to maintain underwriting discipline as it scales its $2.5 billion asset base.

Verdict Logic

while the firm shows impressive growth and a 15.02 forward P/E, the potential for adverse development in its casualty-heavy loss reserves, which reached $91.5 million in 2026Q1, warrants further investigation.

BOW Growth Metrics

Bowhead Specialty Holdings Inc. (BOW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years43.26%
TTM27.5%

Profit CAGR

10 Years-
5 Years-
3 Years68.43%
TTM36.84%

EPS CAGR

10 Years-
5 Years-
3 Years64.07%
TTM32.06%

Return on Capital

10 Years17.48%
5 Years17.48%
3 Years3.72%
Last Year3.35%

BOW Recent Earnings

Bowhead Specialty Holdings Inc. (BOW) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (100%)●Beat Revenue 4/12 qtrs (50%)
Q2 2026Latest
May 5, 2026
Metric
Actual
Est
EPS
$0.48+14.3%
$0.42
Rev
$217M+2.4%
$212M
Q1 2026
Feb 24, 2026
Metric
Actual
Est
EPS
$0.47+4.4%
$0.45
Rev
$224M+3.4%
$217M
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.47+17.5%
$0.40
Rev
$144M-1.4%
$146M
Q3 2025
Aug 5, 2025
Metric
Actual
Est
EPS
$0.37+2.8%
$0.36
Rev
$133M-6.2%
$142M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.48vs $0.42+14.3%
$217Mvs $212M+2.4%
Q1 2026Feb 24, 2026
$0.47vs $0.45+4.4%
$224Mvs $217M+3.4%
Q4 2025Nov 4, 2025
$0.47vs $0.40+17.5%
$144Mvs $146M-1.4%
Q3 2025Aug 5, 2025
$0.37vs $0.36+2.8%
$133Mvs $142M-6.2%
Based on last 12 quarters of dataView full earnings history →

Latest BOW News

Recent stock market news and headlines for Bowhead Specialty Holdings Inc. (BOW)

Business Wire·1 day ago
Bowhead Specialty to Announce Second Quarter 2026 Earnings on August 4, 2026

NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (the “Company”, “Bowhead Specialty”) (NYSE: BOW) announced today that it will release financial results for the second quarter of 2026 at approximately 7:00 a.m. Eastern Time before the market opens on Tuesday, August 4, 2026. The earnings documents will be available on the Company's Investor Relations website at https://ir.bowheadspecialty.com. The Company will host a conference call to discuss its results on the same day, Tuesday, Aug.

Zacks Investment Research·Jun 29, 2026
Strength Seen in Bowhead Specialty Holdings Inc. (BOW): Can Its 5.3% Jump Turn into More Strength?

Bowhead Specialty Holdings Inc. (BOW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Zacks Investment Research·Jun 22, 2026
What Makes Bowhead Specialty Holdings Inc. (BOW) a New Buy Stock

Bowhead Specialty Holdings Inc. (BOW) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Peers Comparison

Key metrics vs top competitors for Bowhead Specialty Holdings Inc. (BOW)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BOW logoBOWBowhead Specialty Holdings Inc.Current
$32.00$1.05B20.1329.59%9.75%13.14%—
KNSL logoKNSLKinsale Capital Group, Inc.
$348.73$8.07B16.1118.04%27.48%28.05%—
RLI logoRLIRLI Corp.
$62.12$5.71B14.256.33%20.8%22%—
JRVR logoJRVRJames River Group Holdings, Ltd.
$4.56$209.62M5.77-2.83%4.34%4.72%—
SKWD logoSKWDSkyward Specialty Insurance Group, Inc.
$62.41$2.53B15.3323.18%11.95%17.78%—
HRTG logoHRTGHeritage Insurance Holdings, Inc.
$27.20$825.52M4.303.71%25.99%43.68%—

Compare BOW vs Peers

Bowhead Specialty Holdings Inc. (BOW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KNSL

Most directly comparable listed peer for BOW.

Scale Benchmark

vs MMC

Larger-name benchmark to compare BOW against a more recognizable public peer.

Peer Set

Compare Top 5

vs KNSL, RLI, JRVR, SKWD

BOW SEC Filings & Documents

Bowhead Specialty Holdings Inc. (BOW) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Feb 24, 2026·SEC

Material company update

Dec 1, 2025·SEC

10-K Annual Reports

2
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 5, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

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BOW Frequently Asked Questions

Bowhead Specialty Holdings Inc. (BOW) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Bowhead Specialty Holdings Inc. growing?

Bowhead Specialty Holdings Inc. (BOW) grew revenue by 29.6% over the past year. This is strong growth.

Is BOW profitable?

Yes, Bowhead Specialty Holdings Inc. (BOW) is profitable, generating $58.4M in net income for fiscal year 2025 (9.8% net margin).

Dividend & Returns
What is BOW's return on equity?

Bowhead Specialty Holdings Inc. (BOW) has a return on equity (ROE) of 13.1%. This is reasonable for most industries.

Industry Metrics
What is Bowhead Specialty Holdings Inc.'s combined ratio?

Bowhead Specialty Holdings Inc. (BOW) has a combined ratio of 87.8%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in BOW back in 2022?

Total return calculator · dividends reinvested · 4+ years of data

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