Kinsale Capital Group Inc (NASDAQ:KNSL) – Investment analysts at SunTrust Banks raised their FY2016 earnings per share estimates for shares of Kinsale Capital Group in a research note issued on Friday. SunTrust Banks analyst M. Hughes now anticipates that the firm will post earnings of $1.20 per share for the year, up from their prior estimate of $1.06. SunTrust Banks currently has a “Buy” rating and a $24.00 target price on the stock. SunTrust Banks also issued estimates for Kinsale Capital Group’s Q1 2017 earnings at $0.31 EPS, Q2 2017 earnings at $0.31 EPS, Q3 2017 earnings at $0.36 EPS and Q4 2017 earnings at $0.37 EPS.

Earnings History and Estimates for Kinsale Capital Group (NASDAQ:KNSL)

KNSL has been the topic of several other reports. William Blair initiated coverage on shares of Kinsale Capital Group in a research report on Friday, August 26th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. initiated coverage on shares of Kinsale Capital Group in a research report on Monday, August 22nd. They set an “overweight” rating and a $23.00 price objective on the stock. RBC Capital Markets initiated coverage on shares of Kinsale Capital Group in a research report on Monday, August 22nd. They set an “outperform” rating and a $23.00 price objective on the stock. Finally, Royal Bank Of Canada initiated coverage on shares of Kinsale Capital Group in a research report on Monday, August 22nd. They set an “outperform” rating and a $23.00 price objective on the stock. Five equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of $23.25.

Kinsale Capital Group (NASDAQ:KNSL) opened at 26.85 on Monday. The company has a market capitalization of $562.99 million and a P/E ratio of 18.92. Kinsale Capital Group has a 52 week low of $18.00 and a 52 week high of $27.01. The stock’s 50 day moving average is $22.65 and its 200 day moving average is $21.30.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be issued a $0.05 dividend. The ex-dividend date is Tuesday, November 29th. This represents a $0.20 dividend on an annualized basis and a yield of 0.74%.

A number of hedge funds have recently made changes to their positions in KNSL. BlackRock Investment Management LLC bought a new stake in shares of Kinsale Capital Group during the third quarter worth about $132,000. Teachers Advisors LLC bought a new stake in shares of Kinsale Capital Group during the third quarter worth about $156,000. California Public Employees Retirement System bought a new stake in shares of Kinsale Capital Group during the third quarter worth about $202,000. Spark Investment Management LLC bought a new stake in shares of Kinsale Capital Group during the third quarter worth about $217,000. Finally, BlackRock Institutional Trust Company N.A. bought a new stake in shares of Kinsale Capital Group during the third quarter worth about $271,000.

About Kinsale Capital Group

Kinsale Capital Group, Inc is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers.

5 Day Chart for NASDAQ:KNSL

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