Kingstone Companies (NASDAQ:KINS) Announces Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Kingstone Companies (NASDAQ:KINSGet Free Report) posted its quarterly earnings results on Thursday. The insurance provider reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.03, FiscalAI reports. The company had revenue of $56.42 million for the quarter, compared to analysts’ expectations of $83.00 million. Kingstone Companies had a return on equity of 33.69% and a net margin of 15.68%. Kingstone Companies updated its FY 2026 guidance to 2.200-2.900 EPS.

Kingstone Companies Trading Down 3.2%

Shares of KINS traded down $0.52 during mid-day trading on Friday, hitting $15.70. 70,554 shares of the company’s stock were exchanged, compared to its average volume of 134,682. Kingstone Companies has a fifty-two week low of $13.08 and a fifty-two week high of $22.40. The business’s 50 day moving average is $16.15 and its two-hundred day moving average is $15.20. The firm has a market capitalization of $222.11 million, a P/E ratio of 7.17 and a beta of 0.42.

Kingstone Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Wednesday, February 11th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, February 11th. Kingstone Companies’s dividend payout ratio is presently 9.13%.

Institutional Investors Weigh In On Kingstone Companies

Several large investors have recently modified their holdings of KINS. BNP Paribas Financial Markets lifted its holdings in shares of Kingstone Companies by 80.1% during the third quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock worth $34,000 after purchasing an additional 1,017 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Kingstone Companies in the fourth quarter valued at about $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Kingstone Companies in the second quarter valued at about $93,000. MetLife Investment Management LLC increased its stake in shares of Kingstone Companies by 99.6% during the fourth quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider’s stock worth $110,000 after acquiring an additional 3,257 shares during the period. Finally, Cetera Investment Advisers acquired a new position in shares of Kingstone Companies during the second quarter worth about $163,000. Hedge funds and other institutional investors own 14.91% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on KINS shares. Wall Street Zen raised Kingstone Companies from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Kingstone Companies in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Kingstone Companies to a “hold” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on Kingstone Companies

About Kingstone Companies

(Get Free Report)

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.

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Earnings History for Kingstone Companies (NASDAQ:KINS)

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