News coverage about Kingstone Companies (NASDAQ:KINS) has been trending positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kingstone Companies earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next few days.
Shares of Kingstone Companies (KINS) remained flat at $15.85 on Friday. 24,667 shares of the company were exchanged. Kingstone Companies has a 12 month low of $8.60 and a 12 month high of $16.50. The company has a 50 day moving average price of $15.77 and a 200-day moving average price of $14.77. The stock has a market capitalization of $168.37 million, a price-to-earnings ratio of 13.55 and a beta of 0.68.
Kingstone Companies (NASDAQ:KINS) last released its quarterly earnings results on Thursday, May 11th. The insurance provider reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Kingstone Companies had a net margin of 12.34% and a return on equity of 15.00%. The business had revenue of $16.37 million for the quarter, compared to analysts’ expectations of $16.80 million. During the same period last year, the business earned $0.07 EPS. The company’s revenue was up 12.7% compared to the same quarter last year. Equities research analysts expect that Kingstone Companies will post $1.13 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on KINS. Boenning Scattergood restated an “outperform” rating and set a $17.00 price objective on shares of Kingstone Companies in a report on Monday, April 17th. Zacks Investment Research upgraded Kingstone Companies from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, ValuEngine upgraded Kingstone Companies from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 6th.
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Kingstone Companies Company Profile
Kingstone Companies, Inc offers property and casualty insurance products to small businesses and individuals in New York State. The Company offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. The Company operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers.
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