Free Trial

Kingstone Companies (NASDAQ:KINS) Releases FY 2025 Earnings Guidance

Kingstone Companies logo with Finance background

Key Points

  • Kingstone Companies updated its FY 2025 earnings guidance, projecting an EPS of 1.950-2.35, which is above the consensus estimate of 2.000.
  • The company's stock price rose to $16.20 during trading, with a market capitalization of approximately $226.96 million.
  • Recent institutional investments included a 484.9% increase in holdings by Millennium Management LLC and a 62.2% growth by Goldman Sachs Group Inc. during the first quarter.
  • Want stock alerts on Kingstone Companies? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Kingstone Companies (NASDAQ:KINS - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.950-2.35 for the period, compared to the consensus EPS estimate of 2.000. The company issued revenue guidance of -.

Kingstone Companies Price Performance

Kingstone Companies stock traded up $0.82 during mid-day trading on Thursday, hitting $16.20. The stock had a trading volume of 450,588 shares, compared to its average volume of 212,311. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.07. The firm's 50 day moving average is $15.37 and its 200 day moving average is $16.24. The firm has a market capitalization of $226.96 million, a P/E ratio of 10.19 and a beta of 0.52. Kingstone Companies has a one year low of $6.93 and a one year high of $22.40.

Kingstone Companies (NASDAQ:KINS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The insurance provider reported $0.75 EPS for the quarter, topping the consensus estimate of $0.59 by $0.16. Kingstone Companies had a net margin of 12.25% and a return on equity of 31.92%. On average, sell-side analysts forecast that Kingstone Companies will post 1.4 earnings per share for the current fiscal year.

Kingstone Companies Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Tuesday, August 26th. Stockholders of record on Monday, August 11th will be issued a $0.05 dividend. The ex-dividend date is Monday, August 11th.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut shares of Kingstone Companies from a "buy" rating to a "hold" rating in a report on Saturday, May 17th.

Get Our Latest Stock Analysis on KINS

Insider Buying and Selling at Kingstone Companies

In related news, Director Thomas Newgarden purchased 12,500 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were bought at an average cost of $16.77 per share, with a total value of $209,625.00. Following the transaction, the director owned 51,715 shares of the company's stock, valued at approximately $867,260.55. This trade represents a 31.88% 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. Corporate insiders own 5.10% of the company's stock.

Institutional Trading of Kingstone Companies

Institutional investors and hedge funds have recently made changes to their positions in the business. Millennium Management LLC increased its holdings in shares of Kingstone Companies by 484.9% during the 1st quarter. Millennium Management LLC now owns 285,834 shares of the insurance provider's stock worth $4,759,000 after buying an additional 236,968 shares during the last quarter. Goldman Sachs Group Inc. grew its position 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 during the period. Acadian Asset Management LLC acquired a new stake in Kingstone Companies during the first quarter worth $495,000. Finally, NewEdge Advisors LLC raised its position in Kingstone Companies by 9.2% in the first quarter. NewEdge Advisors LLC now owns 17,220 shares of the insurance provider's stock valued at $287,000 after purchasing an additional 1,448 shares during the period. 14.91% of the stock is currently owned by hedge funds and other institutional investors.

Kingstone Companies Company Profile

(Get Free Report)

Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Kingstone Companies Right Now?

Before you consider Kingstone Companies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingstone Companies wasn't on the list.

While Kingstone Companies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines