Very Positive Press Coverage Somewhat Unlikely to Impact Kinsale Capital Group (NASDAQ:KNSL) Stock Price

News headlines about Kinsale Capital Group (NASDAQ:KNSL) have been trending very positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kinsale Capital Group earned a news impact score of 0.51 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 48.1718602846327 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

NASDAQ KNSL traded down $0.05 during trading hours on Thursday, hitting $51.33. The company’s stock had a trading volume of 100,006 shares, compared to its average volume of 85,057. Kinsale Capital Group has a 52 week low of $30.78 and a 52 week high of $55.10. The stock has a market cap of $1,062.45, a price-to-earnings ratio of 44.25 and a beta of 0.11.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th were given a dividend of $0.07 per share. The ex-dividend date was Tuesday, February 27th. This represents a $0.28 annualized dividend and a dividend yield of 0.55%. This is a boost from Kinsale Capital Group’s previous quarterly dividend of $0.06. Kinsale Capital Group’s dividend payout ratio (DPR) is currently 24.14%.

KNSL has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded Kinsale Capital Group from a “sell” rating to a “hold” rating in a report on Tuesday, December 5th. BidaskClub downgraded Kinsale Capital Group from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Finally, William Blair restated a “hold” rating on shares of Kinsale Capital Group in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $50.00.

In other Kinsale Capital Group news, SVP William J. Jr. Kenney sold 13,750 shares of Kinsale Capital Group stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $51.79, for a total transaction of $712,112.50. Following the transaction, the senior vice president now owns 18,286 shares of the company’s stock, valued at approximately $947,031.94. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 11.20% of the stock is owned by company insiders.

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Kinsale Capital Group Company Profile

Kinsale Capital Group, Inc is a specialty insurance company. The Company focuses on the excess and surplus lines (E&S) market in the United States. The Company operates through the Excess and Surplus Lines Insurance segment. The Company markets and sells these insurance products in approximately 50 states and the District of Columbia through a network of independent insurance brokers.

Insider Buying and Selling by Quarter for Kinsale Capital Group (NASDAQ:KNSL)

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