Kingstone Companies (NASDAQ:KINS – Get Free Report) released its earnings results on Thursday. The insurance provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.30, FiscalAI reports. Kingstone Companies had a net margin of 16.83% and a return on equity of 35.83%. The firm had revenue of $67.54 million during the quarter, compared to the consensus estimate of $89.10 million.
Kingstone Companies Stock Performance
Shares of KINS stock traded up $1.50 during trading on Friday, reaching $20.46. 258,266 shares of the company’s stock traded hands, compared to its average volume of 75,485. The firm’s 50-day moving average is $19.24 and its 200 day moving average is $17.54. The company has a market capitalization of $296.26 million, a P/E ratio of 6.84 and a beta of 0.49. Kingstone Companies has a 1 year low of $13.83 and a 1 year high of $21.00. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03.
Kingstone Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Wednesday, November 11th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, November 10th. Kingstone Companies’s dividend payout ratio is presently 9.92%.
Trending Headlines about Kingstone Companies
Here are the key news stories impacting Kingstone Companies this week:
- Positive Sentiment: Kingstone reported third-quarter EPS of $1.22, above estimates of $0.87–$0.92 and up from $0.73 a year earlier. The company also characterized net income as a record, reinforcing the strength of the earnings result. Zacks Q3 earnings report
- Positive Sentiment: The insurer set 2026 EPS guidance at $2.70–$2.90, modestly above the $2.69 consensus estimate, pointing to a slightly stronger outlook than analysts had expected. Q3 earnings call highlights
- Negative Sentiment: Quarterly revenue was $67.54 million, below analysts’ $89.10 million expectation. The top-line miss may temper the positive reaction to the earnings beat. Quarterly earnings report
Analyst Upgrades and Downgrades
Several brokerages have weighed in on KINS. Weiss Ratings raised Kingstone Companies from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, October 23rd. Wall Street Zen upgraded Kingstone Companies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on KINS
Kingstone Companies Company Profile
Kingstone Companies, Inc is an insurance holding company that operates primarily through its subsidiary, Kingstone Insurance Company. The company focuses on property and casualty insurance for individuals and families, with an emphasis on personal lines coverage.
Its products have included homeowners, condominium, cooperative, renters, dwelling fire and personal umbrella insurance. These policies are designed to protect residential properties and personal assets against risks such as property damage, liability claims and other covered losses.
Kingstone serves customers through independent insurance agents and has historically concentrated its business in the Northeastern United States, particularly New York and other selected states in the region.
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