FY2027 Earnings Estimate for KNSL Issued By Zacks Research

Key Points

• Zacks Research lowered Kinsale Capital Group’s FY2027 EPS estimate to $21.33 from $21.41, while forecasting FY2028 EPS of $22.97; the current full-year consensus is $21.10.
• Kinsale reported a strong latest quarter, with EPS of $5.54 beating estimates by $0.43 and revenue of $548.52 million exceeding expectations. Revenue increased 16.8% year over year, alongside a 28.49% net margin and 25.54% return on equity.
• Analyst sentiment remains cautious: the stock has a consensus “Reduce” rating from MarketBeat, with an average price target of $362.11. Shares opened at $367.65, while institutional investors own 85.36% of the company.

Kinsale Capital Group, Inc. (NYSE:KNSL - Free Report) - Investment analysts at Zacks Research lowered their FY2027 earnings per share (EPS) estimates for Kinsale Capital Group in a note issued to investors on Friday, August 7th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $21.33 for the year, down from their prior estimate of $21.41. The consensus estimate for Kinsale Capital Group's current full-year earnings is $21.10 per share. Zacks Research also issued estimates for Kinsale Capital Group's FY2028 earnings at $22.97 EPS.

Kinsale Capital Group (NYSE:KNSL - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $5.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.11 by $0.43. Kinsale Capital Group had a net margin of 28.49% and a return on equity of 25.54%. The business had revenue of $548.52 million during the quarter, compared to analyst estimates of $445.13 million. During the same quarter last year, the business earned $4.78 EPS. The firm's quarterly revenue was up 16.8% on a year-over-year basis.

Several other brokerages have also recently weighed in on KNSL. Wells Fargo & Company increased their price target on Kinsale Capital Group from $366.00 to $377.00 and gave the company an "equal weight" rating in a research note on Monday, July 27th. Truist Financial decreased their price objective on shares of Kinsale Capital Group from $450.00 to $405.00 and set a "buy" rating for the company in a research report on Monday, April 27th. Wall Street Zen raised shares of Kinsale Capital Group from a "sell" rating to a "hold" rating in a research report on Saturday, June 20th. Weiss Ratings lowered Kinsale Capital Group from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday, June 26th. Finally, JPMorgan Chase & Co. boosted their price target on Kinsale Capital Group from $380.00 to $390.00 and gave the company a "neutral" rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $362.11.

Kinsale Capital Group Price Performance

Shares of NYSE:KNSL opened at $367.65 on Tuesday. The firm has a market cap of $8.38 billion, a PE ratio of 14.90, a price-to-earnings-growth ratio of 1.18 and a beta of 0.89. Kinsale Capital Group has a 52 week low of $287.20 and a 52 week high of $485.00. The firm's fifty day moving average is $333.41 and its 200-day moving average is $346.58. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.09 and a current ratio of 0.09.

Insider Activity at Kinsale Capital Group

In other Kinsale Capital Group news, CAO Christopher R. Tangard bought 330 shares of the business's stock in a transaction dated Monday, June 8th. The shares were purchased at an average price of $304.00 per share, for a total transaction of $100,320.00. Following the purchase, the chief accounting officer directly owned 380 shares of the company's stock, valued at approximately $115,520. This represents a 660.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Salmaan K. Allibhai sold 250 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $311.17, for a total value of $77,792.50. Following the completion of the transaction, the insider owned 3,645 shares of the company's stock, valued at $1,134,214.65. This trade represents a 6.42% decrease in their position. The SEC filing for this sale provides additional information. 5.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Kinsale Capital Group

Several institutional investors have recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in Kinsale Capital Group in the fourth quarter worth $25,000. Bayban purchased a new position in shares of Kinsale Capital Group during the 4th quarter valued at $25,000. International Assets Investment Management LLC bought a new position in shares of Kinsale Capital Group during the 4th quarter worth $29,000. Johnson Financial Group Inc. grew its stake in shares of Kinsale Capital Group by 257.1% during the 3rd quarter. Johnson Financial Group Inc. now owns 75 shares of the financial services provider's stock worth $32,000 after acquiring an additional 54 shares during the period. Finally, Larson Financial Group LLC increased its holdings in Kinsale Capital Group by 225.0% in the 3rd quarter. Larson Financial Group LLC now owns 78 shares of the financial services provider's stock worth $33,000 after acquiring an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 85.36% of the company's stock.

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.

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