MetaCap

NI (NODK) vs Skyward Specialty Insurance Group (SKWD)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Skyward Specialty Insurance Group (SKWD) has outperformed NI (NODK) over the past year, gaining 19.9% versus a gain of 11.0%. Skyward Specialty Insurance Group is the larger company by market cap ($2.59 billion vs $301.8 million), about 8.6 times the size. On valuation, Skyward Specialty Insurance Group trades at a lower trailing P/E (13.5x vs 38.9x for NI).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

NODK+11.04%SKWD+19.93%
+37%+10%-18%
Oct 9, 20251 yearOct 9, 2026
NODK+10.54%SKWD+205.34%
+245%+112%-21%
Jan 9, 20235 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

NODK versus SKWD key metrics
MetricNODKSKWD
Share price$14.79$58.32
Market cap$301.79M$2.59B
1-day change-0.67%-1.67%
YTD return+11.20%+14.11%
1-year return+11.04%+19.93%
5-year return-25.72%—
P/E ratio (TTM)38.9213.53
Forward P/E—10.54
EPS (TTM)$0.38$4.31
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)—$1.42B
Revenue growth (YoY)—+23.16%
Net income (latest FY)—$170.03M
Net margin—12.00%
52-week high$16.70$65.69
52-week low$12.37$40.60
Distance from 52-week high-11.44%-11.22%
Analyst consensus—buy
Avg. price target upside—+20.80%
Average volume25.97K447.96K
Shares outstanding20.40M44.40M
Employees166611
SectorFinanceFinance
IndustryProperty-Casualty InsurersProperty-Casualty Insurers

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Skyward Specialty Insurance Group is about 8.6 times larger than NI by market value ($2.59B vs $301.79M).
  • NI trades at a higher earnings multiple (38.9x vs 13.5x trailing P/E).

About NI

NODK stock →

NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, excess liability, dwelling, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies.

Finance · Property-Casualty Insurers · 166 employees

About Skyward Specialty Insurance Group

SKWD stock →

Skyward Specialty Insurance Group, Inc., an insurance holding company, provides commercial property and casualty insurance coverages in the United States. It offers general liability, excess liability, and professional liability, as well as cyber and media liability insurance; commercial auto, group accident and health, property, agriculture, credit, and surety and workers' compensation; and property, agriculture, and credit specialty reinsurance.

Finance · Property-Casualty Insurers · 611 employees

NODK vs SKWD FAQ

Which is bigger, NI or Skyward Specialty Insurance Group?

Skyward Specialty Insurance Group (SKWD) is larger, with a market capitalization of $2.59B compared with $301.79M for NI (NODK).

Which stock has performed better over the past year, NODK or SKWD?

SKWD returned +19.93% over the past 12 months, compared with +11.04% for NODK (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, NODK or SKWD?

SKWD has the lower trailing P/E at 13.5, versus 38.9 for NODK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are NI and Skyward Specialty Insurance Group in the same industry?

Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.

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