TWFG, Inc. Class A Common Stock

TWFG raised its full-year 2026 revenue guidance to $300 million to $320 million, up from a prior range of $285 million to $300 million, following a second quarter in which total revenues grew 45.1% to $87.5 million. The company now expects organic revenue growth of 13% to 17%, compared with 10% to 15% previously, and adjusted EBITDA margins of 23% to 27%, up from 22% to 25%. Chairman and CEO Richard Bunch highlighted that organic revenue growth reached 37% in the quarter, while adjusted EBITDA rose 75.8% to $26.6 million with margin expansion of 530 basis points to 30.4%. Commission income increased 290% quarter-over-quarter and now represents 35% of total revenues, driven by strong MGA performance. The company also completed the acquisition of Fortress Insurance Services on May 1 and has nearly finished its $50 million share repurchase program, having bought back approximately $42.9 million in shares at an average price of $19 per share, retiring about 15% of its pre-program Class A share count. Management noted that any additional M&A activity in the second half of the year is not included in the updated guidance and could provide further upside.

Zacks Investment Research added five stocks to its Zacks Rank Number 1 Strong Buy list on June 18. TWFG saw its current-year earnings consensus estimate rise 9.7 percent over the last 60 days, XPO's estimate increased 8 percent, Murphy USA's estimate jumped 26.7 percent, Flywire's estimate surged 236.7 percent, and Kiniksa Pharmaceuticals International's estimate climbed 13.8 percent.