Kingstone Companies, Inc (NASDAQ:KINS - Get Free Report) Director William Yankus sold 13,500 shares of the business's stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $18.00, for a total value of $243,000.00. Following the transaction, the director owned 84,972 shares in the company, valued at approximately $1,529,496. This represents a 13.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Kingstone Companies Trading Up 0.4%
NASDAQ:KINS traded up $0.07 during mid-day trading on Friday, reaching $18.64. 246,003 shares of the company's stock traded hands, compared to its average volume of 132,130. Kingstone Companies, Inc has a 12-month low of $13.08 and a 12-month high of $22.40. The firm has a market capitalization of $269.85 million, a price-to-earnings ratio of 6.61 and a beta of 0.44. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.37 and a quick ratio of 0.37. The company has a 50 day moving average price of $15.57 and a 200-day moving average price of $15.49.
Kingstone Companies (NASDAQ:KINS - Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The insurance provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.03. Kingstone Companies had a return on equity of 38.21% and a net margin of 18.97%.The company had revenue of $56.42 million for the quarter, compared to the consensus estimate of $83.00 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. On average, sell-side analysts predict that Kingstone Companies, Inc will post 1.4 earnings per share for the current year.
Kingstone Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Wednesday, February 11th were issued a dividend of $0.05 per share. The ex-dividend date was Wednesday, February 11th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.1%. Kingstone Companies's dividend payout ratio is 7.09%.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the company. Wall Street Zen downgraded Kingstone Companies from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Zacks Research upgraded Kingstone Companies to a "hold" rating in a report on Friday, February 6th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Kingstone Companies in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy".
Get Our Latest Research Report on KINS
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC grew its stake in shares of Kingstone Companies by 11.5% in the 4th quarter. Empowered Funds LLC now owns 34,091 shares of the insurance provider's stock worth $574,000 after buying an additional 3,506 shares during the last quarter. Man Group plc grew its stake in shares of Kingstone Companies by 6.8% in the 4th quarter. Man Group plc now owns 14,394 shares of the insurance provider's stock worth $242,000 after buying an additional 922 shares during the last quarter. Bridgeway Capital Management LLC grew its stake in shares of Kingstone Companies by 80.5% in the 4th quarter. Bridgeway Capital Management LLC now owns 55,191 shares of the insurance provider's stock worth $929,000 after buying an additional 24,606 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Kingstone Companies by 13.8% in the 4th quarter. AQR Capital Management LLC now owns 42,272 shares of the insurance provider's stock worth $711,000 after buying an additional 5,111 shares during the last quarter. Finally, Trexquant Investment LP grew its stake in shares of Kingstone Companies by 516.0% in the 4th quarter. Trexquant Investment LP now owns 66,098 shares of the insurance provider's stock worth $1,112,000 after buying an additional 55,367 shares during the last quarter. Hedge funds and other institutional investors own 14.91% of the company's stock.
Kingstone Companies Company Profile
(
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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