Kinsale Capital Group, Inc. (NYSE:KNSL - Free Report) - Analysts at Zacks Research lowered their Q3 2027 earnings estimates for shares of Kinsale Capital Group in a research report issued to clients and investors on Friday, August 7th. Zacks Research analyst Team now anticipates that the financial services provider will earn $5.03 per share for the quarter, down from their previous forecast of $5.11. The consensus estimate for Kinsale Capital Group's current full-year earnings is $21.10 per share.
Kinsale Capital Group (NYSE:KNSL - Get Free Report) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $5.54 EPS for the quarter, beating analysts' consensus estimates of $5.11 by $0.43. Kinsale Capital Group had a return on equity of 25.54% and a net margin of 28.49%.The firm had revenue of $548.52 million for the quarter, compared to analysts' expectations of $445.13 million. During the same period last year, the firm earned $4.78 EPS. The company's quarterly revenue was up 16.8% on a year-over-year basis.
Other analysts have also recently issued reports about the company. Royal Bank Of Canada cut their price objective on Kinsale Capital Group from $385.00 to $375.00 and set a "sector perform" rating for the company in a research report on Monday, April 27th. Wells Fargo & Company increased their target price on Kinsale Capital Group from $366.00 to $377.00 and gave the company an "equal weight" rating in a research report on Monday, July 27th. Weiss Ratings cut shares of Kinsale Capital Group from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, June 26th. JPMorgan Chase & Co. boosted their price target on shares of Kinsale Capital Group from $380.00 to $390.00 and gave the stock a "neutral" rating in a report on Monday, July 20th. Finally, Truist Financial reduced their price objective on shares of Kinsale Capital Group from $450.00 to $405.00 and set a "buy" rating for the company in a research report on Monday, April 27th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus price target of $362.11.
View Our Latest Stock Report on Kinsale Capital Group
Kinsale Capital Group Stock Performance
Shares of KNSL stock opened at $373.12 on Monday. The company has a market capitalization of $8.50 billion, a P/E ratio of 15.12, a P/E/G ratio of 1.18 and a beta of 0.89. The business's 50 day moving average is $332.13 and its two-hundred day moving average is $346.85. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.11. Kinsale Capital Group has a 12-month low of $287.20 and a 12-month high of $485.00.
Insider Activity at Kinsale Capital Group
In other news, CAO Christopher R. Tangard bought 330 shares of Kinsale Capital Group stock in a transaction on Monday, June 8th. The stock was acquired at an average price of $304.00 per share, with a total value of $100,320.00. Following the completion of the acquisition, the chief accounting officer directly owned 380 shares of the company's stock, valued at $115,520. The trade was a 660.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Salmaan K. Allibhai sold 250 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $311.17, for a total value of $77,792.50. Following the completion of the transaction, the insider owned 3,645 shares in the company, valued at approximately $1,134,214.65. This trade represents a 6.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.60% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in Kinsale Capital Group during the 4th quarter worth $25,000. Bayban acquired a new stake in shares of Kinsale Capital Group in the fourth quarter valued at about $25,000. International Assets Investment Management LLC acquired a new stake in shares of Kinsale Capital Group in the fourth quarter valued at about $29,000. Johnson Financial Group Inc. lifted its stake in shares of Kinsale Capital Group by 257.1% in the third quarter. Johnson Financial Group Inc. now owns 75 shares of the financial services provider's stock worth $32,000 after buying an additional 54 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of Kinsale Capital Group by 225.0% in the third quarter. Larson Financial Group LLC now owns 78 shares of the financial services provider's stock worth $33,000 after buying an additional 54 shares in the last quarter. 85.36% of the stock is owned by institutional investors and hedge funds.
Kinsale Capital Group Company Profile
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Kinsale Capital Group, Inc NYSE: KNSL is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.
The company's product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.
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