Kingstone Companies (NASDAQ:KINS) Upgraded by Wall Street Zen to Buy Rating

Key Points

• Wall Street Zen upgraded Kingstone Companies from “hold” to “buy,” although Weiss Ratings separately downgraded the stock to “hold”; the overall analyst consensus remains “Hold.”
• Kingstone reported quarterly EPS of $1.04, beating the $0.95 consensus estimate, but revenue of $65.85 million fell short of expectations. The company issued fiscal 2026 EPS guidance of $2.20–$2.90.
• The board authorized a 1 million-share buyback, while insiders purchased 44,502 shares over the past three months. Institutional investors own approximately 14.91% of the company.

Kingstone Companies (NASDAQ:KINS - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings cut Kingstone Companies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold".

Kingstone Companies Stock Performance

Shares of KINS opened at $19.03 on Friday. The company has a market capitalization of $275.55 million, a PE ratio of 7.86 and a beta of 0.43. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.35 and a quick ratio of 0.35. Kingstone Companies has a one year low of $13.08 and a one year high of $20.90. The company's fifty day moving average price is $18.41 and its 200 day moving average price is $16.67.

Kingstone Companies (NASDAQ:KINS - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.09. The company had revenue of $65.85 million during the quarter, compared to analysts' expectations of $71.70 million. Kingstone Companies had a net margin of 14.85% and a return on equity of 31.73%. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. As a group, analysts expect that Kingstone Companies will post 2.6 earnings per share for the current year.

Kingstone Companies declared that its Board of Directors has approved a share buyback plan on Tuesday, May 19th that authorizes the company to buyback 1,000,000 shares. This buyback authorization authorizes the insurance provider to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling at Kingstone Companies

In other news, Director Thomas Newgarden bought 8,000 shares of the firm's stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average cost of $14.99 per share, with a total value of $119,920.00. Following the completion of the transaction, the director directly owned 99,366 shares in the company, valued at $1,489,496.34. This represents a 8.76% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought a total of 44,502 shares of company stock valued at $653,377 in the last three months. 4.30% of the stock is currently owned by company insiders.

Institutional Trading of Kingstone Companies

A number of hedge funds have recently modified their holdings of KINS. BlackRock Inc. bought a new stake in shares of Kingstone Companies during the second quarter valued at approximately $15,800,000. Vanguard Group Inc. lifted its position in Kingstone Companies by 7.5% in the third quarter. Vanguard Group Inc. now owns 602,335 shares of the insurance provider's stock worth $8,854,000 after purchasing an additional 42,058 shares during the period. Royce & Associates LP bought a new position in Kingstone Companies in the fourth quarter worth $7,551,000. Marshall Wace LLP boosted its stake in Kingstone Companies by 16.8% during the second quarter. Marshall Wace LLP now owns 419,414 shares of the insurance provider's stock worth $6,463,000 after buying an additional 60,439 shares in the last quarter. Finally, Gator Capital Management LLC boosted its stake in Kingstone Companies by 4.6% during the fourth quarter. Gator Capital Management LLC now owns 310,327 shares of the insurance provider's stock worth $5,223,000 after buying an additional 13,577 shares in the last quarter. Institutional investors own 14.91% of the company's stock.

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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