KNSL Stock Gets Stronger EPS Estimate from Zacks Research

Kinsale Capital Group, Inc. (NYSE:KNSL) – Analysts at Zacks Research increased their Q3 2027 EPS estimates for shares of Kinsale Capital Group in a report issued on Thursday, November 5th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $5.14 per share for the quarter, up from their previous estimate of $5.03. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $21.98 per share. Zacks Research also issued estimates for Kinsale Capital Group’s FY2027 earnings at $21.39 EPS and FY2028 earnings at $23.15 EPS.

Kinsale Capital Group (NYSE:KNSL) last issued its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $5.70 EPS for the quarter, topping the consensus estimate of $5.11 by $0.59. The firm had revenue of $454.80 million for the quarter, compared to analysts’ expectations of $401.43 million. Kinsale Capital Group had a net margin of 26.89% and a return on equity of 25.73%. During the same period in the previous year, the firm posted $5.21 EPS.

Other research analysts have also recently issued reports about the company. Wells Fargo & Company reduced their price target on Kinsale Capital Group from $377.00 to $348.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. Royal Bank Of Canada raised their price target on Kinsale Capital Group from $375.00 to $400.00 and gave the company a “sector perform” rating in a research note on Monday, October 26th. Cantor Fitzgerald boosted their price target on Kinsale Capital Group from $264.00 to $285.00 and gave the stock a “neutral” rating in a research report on Monday, October 26th. BMO Capital Markets reiterated an “underperform” rating on shares of Kinsale Capital Group in a research note on Thursday, October 29th. Finally, JPMorgan Chase & Co. dropped their price objective on Kinsale Capital Group from $390.00 to $375.00 and set a “neutral” rating on the stock in a research note on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $352.88.

Kinsale Capital Group Price Performance

NYSE:KNSL opened at $397.83 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.07 and a current ratio of 0.07. The stock’s 50-day simple moving average is $359.17 and its 200 day simple moving average is $351.85. The company has a market cap of $8.96 billion, a P/E ratio of 17.42, a P/E/G ratio of 1.17 and a beta of 0.81. Kinsale Capital Group has a 52-week low of $287.20 and a 52-week high of $421.90.

Institutional Investors Weigh In On Kinsale Capital Group

A number of institutional investors and hedge funds have recently modified their holdings of KNSL. Hsbc Holdings PLC bought a new stake in Kinsale Capital Group in the second quarter valued at approximately $10,035,000. Odyssean LLC lifted its position in shares of Kinsale Capital Group by 141.3% in the second quarter. Odyssean LLC now owns 9,547 shares of the financial services provider’s stock valued at $3,149,000 after buying an additional 5,591 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Kinsale Capital Group in the second quarter valued at approximately $2,081,000. Legal & General Group Plc acquired a new stake in shares of Kinsale Capital Group in the second quarter valued at approximately $9,462,000. Finally, Copeland Capital Management LLC boosted its stake in shares of Kinsale Capital Group by 11.0% during the 3rd quarter. Copeland Capital Management LLC now owns 162,676 shares of the financial services provider’s stock worth $52,504,000 after acquiring an additional 16,091 shares during the period. 85.36% of the stock is owned by institutional investors.

About Kinsale Capital Group

Kinsale Capital Group, Inc. is a specialty insurance company focused on the excess and surplus lines market. Through its insurance subsidiaries, the company provides coverage for commercial risks that may be difficult to place in the standard insurance market. Its products include commercial property and casualty insurance, along with specialty coverages such as professional liability, excess liability, inland marine, and environmental insurance. Kinsale serves businesses and insurance brokers across the United States.