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

Key Points

• Wall Street Zen upgraded Kingstone Companies from “buy” to “strong-buy,” although Weiss Ratings maintained a “hold (C+)” rating and the broader analyst consensus remains “Hold.”
• Kingstone reported quarterly EPS of $1.04, beating estimates of $0.95, but revenue of $65.85 million fell short of the $71.70 million consensus forecast. Management issued fiscal 2026 EPS guidance of $2.20–$2.90.
• The company authorized a 1 million-share repurchase program, while shares recently traded at $19.69—near their 12-month high of $20.90—and an insider increased his holdings by purchasing 8,000 shares.

Kingstone Companies (NASDAQ:KINS - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Sunday.

Separately, Weiss Ratings reissued a "hold (c+)" rating on shares of Kingstone Companies in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

Kingstone Companies Price Performance

Shares of KINS stock opened at $19.69 on Friday. Kingstone Companies has a twelve month low of $13.08 and a twelve month high of $20.90. The company has a current ratio of 0.34, a quick ratio of 0.35 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $18.84 and a two-hundred day simple moving average of $16.80. The stock has a market capitalization of $285.11 million, a price-to-earnings ratio of 8.14 and a beta of 0.43.

Kingstone Companies (NASDAQ:KINS - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The insurance provider reported $1.04 EPS for the quarter, beating the consensus estimate of $0.95 by $0.09. The firm had revenue of $65.85 million for the quarter, compared to analyst estimates of $71.70 million. Kingstone Companies had a return on equity of 30.78% and a net margin of 14.85%.Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. On average, analysts predict that Kingstone Companies will post 2.65 EPS for the current fiscal year.

Kingstone Companies announced that its board has authorized a share repurchase program 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. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at Kingstone Companies

In related news, Director Thomas Newgarden purchased 8,000 shares of the business's stock in a transaction dated Friday, May 29th. The shares were acquired at an average cost of $14.99 per share, for a total transaction of $119,920.00. Following the acquisition, the director owned 99,366 shares of the company's stock, valued at $1,489,496.34. The trade was a 8.76% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 4.30% of the company's stock.

Institutional Investors Weigh In On Kingstone Companies

A number of institutional investors have recently added to or reduced their stakes in KINS. BNP Paribas Financial Markets grew its stake in Kingstone Companies by 80.1% in the third quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider's stock valued at $34,000 after purchasing an additional 1,017 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Kingstone Companies during the fourth quarter valued at about $45,000. Kestra Advisory Services LLC purchased a new stake in shares of Kingstone Companies during the fourth quarter valued at about $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Kingstone Companies in the 2nd quarter valued at about $93,000. Finally, MetLife Investment Management LLC boosted its holdings in shares of Kingstone Companies by 99.6% in the 4th quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider's stock valued at $110,000 after buying an additional 3,257 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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