FY2024 Earnings Estimate for Kinsale Capital Group, Inc. (NYSE:KNSL) Issued By Zacks Research

Kinsale Capital Group, Inc. (NYSE:KNSL) – Equities research analysts at Zacks Research lowered their FY2024 EPS estimates for shares of Kinsale Capital Group in a report issued on Wednesday, July 17th. Zacks Research analyst T. De now expects that the financial services provider will post earnings per share of $14.97 for the year, down from their prior forecast of $15.01. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $14.98 per share. Zacks Research also issued estimates for Kinsale Capital Group’s Q4 2025 earnings at $5.58 EPS, Q1 2026 earnings at $5.35 EPS and Q2 2026 earnings at $5.40 EPS.

Kinsale Capital Group (NYSE:KNSL) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.33 by $0.17. Kinsale Capital Group had a net margin of 26.33% and a return on equity of 31.21%. The business had revenue of $372.79 million during the quarter, compared to analysts’ expectations of $366.45 million. During the same period last year, the company posted $2.44 EPS. The company’s revenue was up 41.7% on a year-over-year basis.

Other research analysts have also recently issued reports about the stock. Compass Point dropped their price objective on shares of Kinsale Capital Group from $490.00 to $390.00 and set a “neutral” rating for the company in a research note on Monday, April 29th. Truist Financial lowered their target price on shares of Kinsale Capital Group from $600.00 to $440.00 and set a “buy” rating for the company in a research note on Monday, April 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $425.00 target price (down from $555.00) on shares of Kinsale Capital Group in a research note on Monday, April 29th. JPMorgan Chase & Co. lifted their target price on shares of Kinsale Capital Group from $400.00 to $420.00 and gave the stock a “neutral” rating in a research note on Thursday, July 11th. Finally, Oppenheimer started coverage on shares of Kinsale Capital Group in a research note on Friday, July 12th. They issued a “market perform” rating for the company. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $434.00.

Kinsale Capital Group Trading Up 0.3 %

Shares of KNSL opened at $374.44 on Monday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.12 and a quick ratio of 0.12. The firm has a 50 day simple moving average of $385.70 and a 200-day simple moving average of $425.68. Kinsale Capital Group has a 1-year low of $325.01 and a 1-year high of $548.47. The stock has a market cap of $8.72 billion, a price-to-earnings ratio of 24.88, a price-to-earnings-growth ratio of 1.65 and a beta of 1.06.

Kinsale Capital Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Friday, May 31st were issued a $0.15 dividend. The ex-dividend date was Friday, May 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.16%. Kinsale Capital Group’s dividend payout ratio (DPR) is presently 3.99%.

Insider Buying and Selling at Kinsale Capital Group

In other Kinsale Capital Group news, COO Brian D. Haney sold 3,778 shares of Kinsale Capital Group stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $367.74, for a total value of $1,389,321.72. Following the transaction, the chief operating officer now owns 95,850 shares in the company, valued at approximately $35,247,879. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Kinsale Capital Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Kinsale Capital Group by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 2,090,492 shares of the financial services provider’s stock valued at $700,127,000 after acquiring an additional 30,729 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Kinsale Capital Group by 14.0% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 426,418 shares of the financial services provider’s stock valued at $164,291,000 after acquiring an additional 52,218 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Kinsale Capital Group by 0.4% during the 1st quarter. DAVENPORT & Co LLC now owns 327,664 shares of the financial services provider’s stock valued at $173,095,000 after acquiring an additional 1,286 shares in the last quarter. Riverbridge Partners LLC lifted its holdings in shares of Kinsale Capital Group by 25.4% during the 1st quarter. Riverbridge Partners LLC now owns 311,664 shares of the financial services provider’s stock valued at $163,543,000 after acquiring an additional 63,141 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Kinsale Capital Group by 5.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 291,339 shares of the financial services provider’s stock valued at $97,572,000 after acquiring an additional 15,718 shares in the last quarter. Institutional investors and hedge funds own 85.36% of the company’s stock.

About Kinsale Capital Group

Kinsale Capital Group, Inc, a specialty insurance company, engages in the provision of property and casualty insurance products in the United States. The company's commercial lines offerings include commercial property, small business casualty and property, excess and general casualty, construction, allied health, life sciences, entertainment, energy, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad, as well as product, professional, and management liability insurance.