Kingstone Companies (NASDAQ:KINS – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 2.200-2.900 for the period, compared to the consensus estimate of 2.600. The company issued revenue guidance of -.
Kingstone Companies Trading Down 5.9%
Shares of KINS traded down $1.23 during midday trading on Friday, hitting $19.57. The stock had a trading volume of 89,634 shares, compared to its average volume of 129,407. The stock’s 50 day moving average is $18.33 and its 200 day moving average is $16.65. The firm has a market cap of $283.45 million, a PE ratio of 9.11 and a beta of 0.43. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.35 and a quick ratio of 0.35. Kingstone Companies has a 1 year low of $13.08 and a 1 year high of $20.90.
Kingstone Companies (NASDAQ:KINS – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The insurance provider reported $1.04 EPS for the quarter, beating the consensus estimate of $0.95 by $0.09. Kingstone Companies had a net margin of 13.86% and a return on equity of 28.63%. The company had revenue of $65.85 million for the quarter, compared to the consensus estimate of $71.70 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. As a group, analysts forecast that Kingstone Companies will post 2.6 EPS for the current fiscal year.
Kingstone Companies Increases Dividend
Kingstone Companies declared that its board has initiated a share buyback plan on Tuesday, May 19th that allows the company to buyback 1,000,000 shares. This buyback authorization allows the insurance provider to buy shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.
Analysts Set New Price Targets
A number of research firms have weighed in on KINS. Weiss Ratings lowered Kingstone Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Wall Street Zen cut shares of Kingstone Companies from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Kingstone Companies presently has a consensus rating of “Hold”.
Read Our Latest Analysis on KINS
Insider Transactions at Kingstone Companies
In other news, Director Thomas Newgarden acquired 15,301 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of $14.52 per share, with a total value of $222,170.52. Following the completion of the purchase, the director directly owned 70,165 shares in the company, valued at $1,018,795.80. This trade represents a 27.89% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders purchased a total of 44,502 shares of company stock valued at $653,377 over the last quarter. 4.30% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Kingstone Companies
Several institutional investors have recently made changes to their positions in the company. Millennium Management LLC lifted its holdings in Kingstone Companies by 484.9% during the first quarter. Millennium Management LLC now owns 285,834 shares of the insurance provider’s stock worth $4,759,000 after buying an additional 236,968 shares during the period. Geode Capital Management LLC lifted its position in shares of Kingstone Companies by 130.9% during the second quarter. Geode Capital Management LLC now owns 253,624 shares of the insurance provider’s stock valued at $3,909,000 after buying an additional 143,806 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Kingstone Companies by 125,492.8% during the 2nd quarter. Bank of America Corp DE now owns 104,242 shares of the insurance provider’s stock valued at $1,606,000 after purchasing an additional 104,159 shares during the last quarter. Two Sigma Investments LP grew its stake in shares of Kingstone Companies by 154.5% during the third quarter. Two Sigma Investments LP now owns 150,143 shares of the insurance provider’s stock worth $2,207,000 after acquiring an additional 91,146 shares during the last quarter. Finally, Man Group plc raised its holdings in shares of Kingstone Companies by 389.5% in the second quarter. Man Group plc now owns 85,787 shares of the insurance provider’s stock worth $1,322,000 after buying an additional 68,263 shares during the last quarter. Hedge funds and other institutional investors own 14.91% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Kingstone Companies
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
- Why the Landlord of the AI Boom Could Outlast the Chipmakers
Receive News & Ratings for Kingstone Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingstone Companies and related companies with MarketBeat.com's FREE daily email newsletter.
