Skyward Specialty Insurance Group (NASDAQ:SKWD) versus ICC (NASDAQ:ICCH) Critical Contrast

ICC (NASDAQ:ICCH) and Skyward Specialty Insurance Group (NASDAQ:SKWD) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, dividends and profitability.

Profitability

This table compares ICC and Skyward Specialty Insurance Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ICC	7.13%	9.58%	3.01%
Skyward Specialty Insurance Group	12.24%	16.39%	3.57%

Risk and Volatility

ICC has a beta of 0.32, meaning that its share price is 68% less volatile than the S&P 500. Comparatively, Skyward Specialty Insurance Group has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500.

Earnings & Valuation

This table compares ICC and Skyward Specialty Insurance Group”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ICC	$92.54 million	0.79	$4.26 million	$2.22	10.55
Skyward Specialty Insurance Group	$1.09 billion	1.67	$85.98 million	$3.28	13.84

Skyward Specialty Insurance Group has higher revenue and earnings than ICC. ICC is trading at a lower price-to-earnings ratio than Skyward Specialty Insurance Group, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

46.5% of ICC shares are held by institutional investors. Comparatively, 94.8% of Skyward Specialty Insurance Group shares are held by institutional investors. 25.8% of ICC shares are held by insiders. Comparatively, 8.0% of Skyward Specialty Insurance Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for ICC and Skyward Specialty Insurance Group, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ICC	0	0	0	0	0.00
Skyward Specialty Insurance Group	0	3	7	1	2.82

Skyward Specialty Insurance Group has a consensus target price of $47.78, suggesting a potential upside of 5.24%. Given Skyward Specialty Insurance Group’s stronger consensus rating and higher possible upside, analysts clearly believe Skyward Specialty Insurance Group is more favorable than ICC.

Summary

Skyward Specialty Insurance Group beats ICC on 14 of the 15 factors compared between the two stocks.

About ICC

ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin. ICC Holdings, Inc. was founded in 1950 and is headquartered in Rock Island, Illinois.

About Skyward Specialty Insurance Group

Skyward Specialty Insurance Group, Inc., an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is headquartered in Houston, Texas.