Cantor Fitzgerald Issues Positive Estimate for KNSL Earnings

Key Points

• Cantor Fitzgerald has raised their FY2025 earnings per share estimate for Kinsale Capital Group to $18.81, up from a previous forecast of $18.74, maintaining a "Hold" rating on the stock.
• Kinsale reported a strong quarterly earnings result with EPS of $4.78, exceeding expectations and showing a year-over-year revenue increase of 22.2%.
• The company's quarterly dividend was recently confirmed at $0.17 per share, contributing to an annualized yield of 0.1% and a dividend payout ratio of 3.55%.

Kinsale Capital Group, Inc. (NYSE:KNSL - Free Report) - Investment analysts at Cantor Fitzgerald upped their FY2025 earnings per share estimates for shares of Kinsale Capital Group in a research report issued to clients and investors on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now expects that the financial services provider will post earnings of $18.81 per share for the year, up from their prior forecast of $18.74. Cantor Fitzgerald currently has a "Hold" rating on the stock. The consensus estimate for Kinsale Capital Group's current full-year earnings is $17.72 per share.

Kinsale Capital Group (NYSE:KNSL - Get Free Report) last issued its earnings results on Thursday, July 24th. The financial services provider reported $4.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.41 by $0.37. The business had revenue of $458.70 million for the quarter, compared to analysts' expectations of $436.25 million. Kinsale Capital Group had a return on equity of 25.93% and a net margin of 25.92%.The company's quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.75 EPS.

KNSL has been the subject of several other research reports. BMO Capital Markets upped their price target on shares of Kinsale Capital Group from $429.00 to $474.00 and gave the company a "market perform" rating in a research report on Tuesday, July 29th. Bank of America assumed coverage on Kinsale Capital Group in a research report on Friday, June 20th. They issued a "buy" rating and a $543.00 target price for the company. Truist Financial raised their target price on Kinsale Capital Group from $500.00 to $560.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. JPMorgan Chase & Co. raised their target price on Kinsale Capital Group from $440.00 to $460.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Finally, Compass Point raised their target price on Kinsale Capital Group from $432.00 to $490.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $506.89.

Kinsale Capital Group Stock Down 0.8%

Shares of NYSE:KNSL opened at $475.39 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.10 and a current ratio of 0.10. The company has a market cap of $11.08 billion, a PE ratio of 24.80, a price-to-earnings-growth ratio of 1.76 and a beta of 1.09. Kinsale Capital Group has a 52 week low of $405.00 and a 52 week high of $531.79. The firm has a 50 day simple moving average of $444.72 and a 200 day simple moving average of $460.97.

Kinsale Capital Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 11th. Investors of record on Friday, August 29th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.68 dividend on an annualized basis and a yield of 0.1%. Kinsale Capital Group's dividend payout ratio (DPR) is presently 3.55%.

Institutional Trading of Kinsale Capital Group

A number of institutional investors have recently bought and sold shares of KNSL. Key Financial Inc boosted its position in Kinsale Capital Group by 315.4% during the first quarter. Key Financial Inc now owns 54 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 41 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in Kinsale Capital Group during the first quarter valued at $31,000. V Square Quantitative Management LLC acquired a new stake in Kinsale Capital Group during the second quarter valued at $31,000. NBC Securities Inc. acquired a new stake in Kinsale Capital Group during the first quarter valued at $35,000. Finally, Darwin Wealth Management LLC bought a new position in Kinsale Capital Group during the second quarter valued at about $38,000. Institutional investors and hedge funds own 85.36% of the company's stock.

Kinsale Capital Group Company Profile

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.

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