Kingstone Companies (KINS) Given News Impact Score of 0.12
Headlines about Kingstone Companies (NASDAQ:KINS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kingstone Companies earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 46.8681378888822 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Kingstone Companies (KINS) opened at 15.20 on Friday. The firm has a market cap of $161.58 million, a P/E ratio of 14.55 and a beta of 0.68. Kingstone Companies has a 1-year low of $8.83 and a 1-year high of $16.50. The firm has a 50-day moving average of $15.62 and a 200 day moving average of $15.10.
Kingstone Companies (NASDAQ:KINS) last announced its earnings results on Thursday, August 10th. The insurance provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by $0.10. The firm had revenue of $16.95 million for the quarter, compared to analyst estimates of $17.30 million. Kingstone Companies had a return on equity of 12.81% and a net margin of 11.52%. The company’s quarterly revenue was up 12.9% on a year-over-year basis. On average, analysts predict that Kingstone Companies will post $1.10 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Tuesday, August 29th. Kingstone Companies’s dividend payout ratio (DPR) is currently 29.91%.
Several equities analysts recently commented on KINS shares. Zacks Investment Research lowered Kingstone Companies from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Boenning Scattergood reissued a “buy” rating and issued a $16.00 target price on shares of Kingstone Companies in a report on Friday, July 14th. Finally, ValuEngine raised Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 6th.
About Kingstone Companies
Kingstone Companies, Inc offers property and casualty insurance products to small businesses and individuals in New York State. The Company offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. The Company operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers.
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