Zacks Research Brokers Decrease Earnings Estimates for KNSL

Kinsale Capital Group, Inc. (NYSE:KNSL) – Equities researchers at Zacks Research lowered their Q1 2025 earnings estimates for shares of Kinsale Capital Group in a report issued on Monday, February 24th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $3.28 per share for the quarter, down from their prior forecast of $3.98. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $17.72 per share.

Kinsale Capital Group (NYSE:KNSL) last posted its quarterly earnings data on Thursday, February 13th. The financial services provider reported $4.62 earnings per share for the quarter, topping analysts’ consensus estimates of $4.23 by $0.39. The business had revenue of $412.12 million for the quarter, compared to analyst estimates of $418.32 million. Kinsale Capital Group had a return on equity of 28.04% and a net margin of 26.13%.

Other analysts have also issued reports about the stock. Truist Financial upped their target price on shares of Kinsale Capital Group from $480.00 to $525.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Morgan Stanley dropped their price objective on shares of Kinsale Capital Group from $535.00 to $520.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. JPMorgan Chase & Co. reduced their price objective on shares of Kinsale Capital Group from $415.00 to $412.00 and set a “neutral” rating on the stock in a report on Friday, January 3rd. JMP Securities reiterated a “market perform” rating on shares of Kinsale Capital Group in a research note on Friday, February 14th. Finally, BMO Capital Markets increased their target price on Kinsale Capital Group from $445.00 to $461.00 and gave the company a “market perform” rating in a report on Thursday, November 21st. Eight equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $468.56.

Kinsale Capital Group Price Performance

Shares of NYSE KNSL opened at $417.31 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.09 and a quick ratio of 0.09. The company has a market cap of $9.72 billion, a price-to-earnings ratio of 23.46, a price-to-earnings-growth ratio of 1.66 and a beta of 1.16. The stock’s 50-day moving average is $448.75 and its two-hundred day moving average is $464.58. Kinsale Capital Group has a 1-year low of $355.12 and a 1-year high of $548.47.

Kinsale Capital Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 27th will be issued a dividend of $0.17 per share. This is a positive change from Kinsale Capital Group’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $0.68 annualized dividend and a dividend yield of 0.16%. Kinsale Capital Group’s dividend payout ratio (DPR) is presently 3.82%.

Insider Activity

In other news, EVP Diane D. Schnupp sold 500 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $510.00, for a total value of $255,000.00. Following the completion of the sale, the executive vice president now directly owns 6,994 shares of the company’s stock, valued at approximately $3,566,940. This represents a 6.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James Joseph Ritchie sold 2,295 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $499.79, for a total value of $1,147,018.05. Following the transaction, the director now directly owns 7,348 shares in the company, valued at approximately $3,672,456.92. This represents a 23.80 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new position in Kinsale Capital Group during the 4th quarter worth approximately $123,000. Ascent Group LLC grew its holdings in Kinsale Capital Group by 7.0% during the fourth quarter. Ascent Group LLC now owns 8,118 shares of the financial services provider’s stock worth $3,776,000 after acquiring an additional 533 shares during the period. Novem Group purchased a new position in Kinsale Capital Group in the fourth quarter worth $778,000. Ashford Capital Management Inc. boosted its position in shares of Kinsale Capital Group by 0.3% during the 4th quarter. Ashford Capital Management Inc. now owns 40,995 shares of the financial services provider’s stock worth $19,068,000 after purchasing an additional 130 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Kinsale Capital Group by 7.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 72,240 shares of the financial services provider’s stock worth $33,601,000 after purchasing an additional 4,986 shares during the period. 85.36% of the stock is owned by hedge funds and other institutional investors.

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.