Kingstone Companies, Inc (KINS) To Go Ex-Dividend on May 11th

Kingstone Companies, Inc (NASDAQ:KINS) declared a quarterly dividend on Monday, April 27th. Stockholders of record on Monday, May 11th will be paid a dividend of 0.05 per share by the insurance provider on Tuesday, May 26th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, May 11th.

Kingstone Companies has decreased its dividend payment by an average of 0.1%annually over the last three years. Kingstone Companies has a dividend payout ratio of 8.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kingstone Companies to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 6.9%.

Kingstone Companies Stock Performance

Shares of KINS opened at $15.51 on Friday. The firm’s 50 day moving average is $15.88 and its 200-day moving average is $15.73. The stock has a market capitalization of $224.58 million, a P/E ratio of 7.21 and a beta of 0.52. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.37 and a quick ratio of 0.37. Kingstone Companies has a 12-month low of $13.08 and a 12-month high of $22.40.

Kingstone Companies (NASDAQ:KINS) last announced its quarterly earnings data on Thursday, May 7th. The insurance provider reported ($0.35) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.09). The business had revenue of $59.78 million during the quarter, compared to analyst estimates of $66.90 million. Kingstone Companies had a return on equity of 29.03% and a net margin of 13.86%.Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. Equities research analysts anticipate that Kingstone Companies will post 2.3 EPS for the current fiscal year.

Insider Activity at Kingstone Companies

In related news, Director William L. Yankus sold 13,500 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $18.00, for a total transaction of $243,000.00. Following the completion of the sale, the director directly owned 84,972 shares in the company, valued at approximately $1,529,496. This trade represents a 13.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.10% of the company’s stock.

Institutional Trading of Kingstone Companies

A number of institutional investors have recently added to or reduced their stakes in the business. Deutsche Bank AG lifted its stake in Kingstone Companies by 8.0% in the fourth quarter. Deutsche Bank AG now owns 10,738 shares of the insurance provider’s stock valued at $181,000 after acquiring an additional 797 shares during the last quarter. Strs Ohio lifted its stake in Kingstone Companies by 2.5% in the third quarter. Strs Ohio now owns 33,400 shares of the insurance provider’s stock valued at $491,000 after acquiring an additional 800 shares during the last quarter. First Trust Advisors LP lifted its stake in Kingstone Companies by 2.5% in the fourth quarter. First Trust Advisors LP now owns 37,121 shares of the insurance provider’s stock valued at $625,000 after acquiring an additional 915 shares during the last quarter. Man Group plc lifted its stake in Kingstone Companies by 6.8% in the fourth quarter. Man Group plc now owns 14,394 shares of the insurance provider’s stock valued at $242,000 after acquiring an additional 922 shares during the last quarter. Finally, State Street Corp lifted its stake in Kingstone Companies by 0.6% in the fourth quarter. State Street Corp now owns 160,604 shares of the insurance provider’s stock valued at $2,703,000 after acquiring an additional 932 shares during the last quarter. 14.91% of the stock is currently owned by institutional investors and hedge funds.

About Kingstone Companies

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.