Zacks Research Has Pessimistic Outlook of KNSL Q2 Earnings

Kinsale Capital Group, Inc. (NYSE:KNSL) – Research analysts at Zacks Research reduced their Q2 2027 EPS estimates for shares of Kinsale Capital Group in a research note issued to investors on Thursday, June 4th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $5.00 for the quarter, down from their prior estimate of $5.04. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $20.54 per share. Zacks Research also issued estimates for Kinsale Capital Group’s Q3 2027 earnings at $5.34 EPS, FY2027 earnings at $21.34 EPS, Q1 2028 earnings at $4.99 EPS and FY2028 earnings at $22.57 EPS.

A number of other analysts have also commented on KNSL. Truist Financial reduced their price target on shares of Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Wall Street Zen raised shares of Kinsale Capital Group from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Jefferies Financial Group downgraded Kinsale Capital Group from a “hold” rating to an “underperform” rating and lowered their target price for the company from $392.00 to $312.00 in a research report on Thursday, March 19th. Morgan Stanley decreased their price target on Kinsale Capital Group from $350.00 to $330.00 and set an “equal weight” rating on the stock in a report on Thursday, May 21st. Finally, Wells Fargo & Company downgraded Kinsale Capital Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $420.00 to $357.00 in a research report on Monday, April 27th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $390.18.

Kinsale Capital Group Stock Up 1.7%

Kinsale Capital Group stock opened at $295.19 on Friday. The stock has a fifty day simple moving average of $327.37 and a two-hundred day simple moving average of $363.79. Kinsale Capital Group has a 12 month low of $287.20 and a 12 month high of $512.76. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 0.94 and a beta of 0.91. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.11.

Kinsale Capital Group (NYSE:KNSL) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $5.11 earnings per share for the quarter, beating analysts’ consensus estimates of $4.70 by $0.41. The business had revenue of $466.71 million during the quarter, compared to analyst estimates of $410.25 million. Kinsale Capital Group had a net margin of 27.48% and a return on equity of 25.82%. Kinsale Capital Group’s revenue was down .5% compared to the same quarter last year. During the same period last year, the business earned $3.71 EPS.

Institutional Trading of Kinsale Capital Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KNSL. Life Cycle Investment Partners Ltd acquired a new stake in Kinsale Capital Group during the 4th quarter worth about $229,653,000. Capital World Investors lifted its position in Kinsale Capital Group by 117.4% during the 4th quarter. Capital World Investors now owns 987,844 shares of the financial services provider’s stock worth $386,366,000 after acquiring an additional 533,499 shares during the period. Norges Bank acquired a new stake in Kinsale Capital Group during the 4th quarter worth about $107,916,000. Bank of America Corp DE lifted its position in Kinsale Capital Group by 89.0% during the 1st quarter. Bank of America Corp DE now owns 285,535 shares of the financial services provider’s stock worth $97,556,000 after acquiring an additional 134,468 shares during the period. Finally, Turtle Creek Asset Management Inc. raised its stake in shares of Kinsale Capital Group by 47.6% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 411,246 shares of the financial services provider’s stock valued at $140,506,000 after buying an additional 132,576 shares during the last quarter. Institutional investors and hedge funds own 85.36% of the company’s stock.

Insider Buying and Selling at Kinsale Capital Group

In related news, insider Salmaan K. Allibhai sold 250 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $311.17, for a total transaction of $77,792.50. Following the transaction, the insider directly owned 3,645 shares in the company, valued at $1,134,214.65. The trade was a 6.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael P. Kehoe sold 22,576 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $302.66, for a total value of $6,832,852.16. Following the transaction, the chief executive officer owned 308,048 shares in the company, valued at approximately $93,233,807.68. This trade represents a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.60% of the stock is owned by insiders.

Kinsale Capital Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 28th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, May 28th. Kinsale Capital Group’s payout ratio is 4.40%.

About Kinsale Capital Group

Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.

The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.