Kingstone Companies, Inc (NASDAQ:KINS) Declares Quarterly Dividend of $0.05

Key Points

• Kingstone declared a quarterly dividend of $0.05 per share (annualized $0.20), with record/ex-dividend date on May 11 and payment on May 26, implying a yield of about 1.1%.
• The dividend is well covered by earnings — a current payout ratio of 8.2% and analysts expect EPS of $2.90 next year (implying a ~6.9% payout); management also set FY2026 guidance of 2.200–2.900 EPS.
• Shares trade with a market cap around $254M and a P/E of 6.22; a director sold 13,500 shares (a 13.7% reduction in their holding) while several institutional investors, including Millennium Management, materially increased positions.

Kingstone Companies, Inc (NASDAQ:KINS - Get Free Report) announced a quarterly dividend on Monday, April 27th. Stockholders of record on Monday, May 11th will be paid a dividend of 0.05 per share by the insurance provider on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, May 11th.

Kingstone Companies has decreased its dividend by an average of 0.1%per year over the last three years. Kingstone Companies has a dividend payout ratio of 8.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Kingstone Companies to earn $2.90 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 6.9%.

Kingstone Companies Price Performance

Shares of KINS stock opened at $17.53 on Tuesday. The firm has a market cap of $253.83 million, a P/E ratio of 6.22 and a beta of 0.44. 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 price is $15.80 and its 200-day moving average price is $15.65. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.37 and a current ratio of 0.37.

Kingstone Companies (NASDAQ:KINS - Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The insurance provider reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $1.05 by $0.03. The firm had revenue of $56.42 million for the quarter, compared to analyst estimates of $83.00 million. Kingstone Companies had a return on equity of 38.21% and a net margin of 18.97%.Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. On average, equities research analysts anticipate that Kingstone Companies will post 2.3 earnings per share for the current year.

Insider Buying and Selling at Kingstone Companies

In related news, Director William L. Yankus sold 13,500 shares of Kingstone Companies stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $18.00, for a total transaction of $243,000.00. Following the sale, the director directly owned 84,972 shares in the company, valued at $1,529,496. The trade was a 13.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Kingstone Companies

Several hedge funds have recently made changes to their positions in KINS. Millennium Management LLC boosted its position in shares of Kingstone Companies by 484.9% during the first quarter. Millennium Management LLC now owns 285,834 shares of the insurance provider's stock valued at $4,759,000 after purchasing an additional 236,968 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Kingstone Companies by 9.2% in the first quarter. NewEdge Advisors LLC now owns 17,220 shares of the insurance provider's stock worth $287,000 after acquiring an additional 1,448 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Kingstone Companies by 62.2% in the first quarter. Goldman Sachs Group Inc. now owns 65,392 shares of the insurance provider's stock worth $1,089,000 after acquiring an additional 25,074 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Kingstone Companies in the first quarter worth $495,000. Finally, Geode Capital Management LLC boosted its holdings in Kingstone Companies by 130.9% in the second quarter. Geode Capital Management LLC now owns 253,624 shares of the insurance provider's stock worth $3,909,000 after acquiring an additional 143,806 shares in the last quarter. 14.91% of the stock is currently owned by institutional investors.

About Kingstone Companies

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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