Kingstone Companies (KINS) Stock Price, News & Analysis

Company Overview

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. In addition, it offers reinsurance products. The company underwrites its products through retail and wholesale agents and brokers. The company was formerly known as DCAP Group, Inc. and changed its name to Kingstone Companies, Inc. in July 2009. Kingstone Companies, Inc. was founded in 1886 and is headquartered in Kingston, New York.

Key Stats

• Today's Range: $9.53 to $9.98
• 50-Day Range: $7.08 to $11.92
• 52-Week Range: $1.60 to $12.41
• Volume: 99,517 shs
• Average Volume: 71,728 shs
• Market Capitalization: $108.10 million
• P/E Ratio: 23.38
• Dividend Yield: N/A
• Price Target: $4.13
• Consensus Rating: Hold

Kingstone Companies Stock Analysis - MarketRank™

Kingstone Companies scored higher than 47% of companies evaluated by MarketBeat, and ranked 675th out of 915 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Kingstone Companies has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Kingstone Companies has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 20.00%

Earnings Growth

Earnings for Kingstone Companies are expected to grow by 20.00% in the coming year, from $1.00 to $1.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kingstone Companies is 23.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.93.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kingstone Companies is 23.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.70.

Price to Book Value per Share Ratio

Kingstone Companies has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.29% of the float of Kingstone Companies has been sold short.

Short Interest Ratio / Days to Cover

Kingstone Companies has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kingstone Companies has recently increased by 35.20%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Kingstone Companies does not currently pay a dividend.

Dividend Growth

Kingstone Companies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kingstone Companies is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kingstone Companies will have a dividend payout ratio of 13.33% next year. This indicates that Kingstone Companies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.29% of the float of Kingstone Companies has been sold short.

Short Interest Ratio / Days to Cover

Kingstone Companies has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kingstone Companies has recently increased by 35.20%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.96

News Sentiment

Kingstone Companies has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Kingstone Companies this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kingstone Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.20% of the stock of Kingstone Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.91% of the stock of Kingstone Companies is held by institutions.

KINS Stock Analysis - Frequently Asked Questions

How have KINS shares performed this year?

Kingstone Companies' stock was trading at $2.13 at the beginning of the year. Since then, KINS shares have increased by 361.0% and is now trading at $9.82.
View the best growth stocks for 2024 here.

How were Kingstone Companies' earnings last quarter?

Kingstone Companies, Inc. (NASDAQ:KINS) posted its quarterly earnings data on Monday, August, 12th. The insurance provider reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. The insurance provider earned $36.50 million during the quarter, compared to analysts' expectations of $36.80 million. Kingstone Companies had a trailing twelve-month return on equity of 13.61% and a net margin of 3.74%.

How do I buy shares of Kingstone Companies?

Shares of KINS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kingstone Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kingstone Companies investors own include NVIDIA (NVDA), Broadcom (AVGO), Builders FirstSource (BLDR), Arista Networks (ANET), Abercrombie & Fitch (ANF), e.l.f. Beauty (ELF) and Jabil (JBL).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 10/15/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NASDAQ:KINS
• CUSIP: N/A
• CIK: 33992
• Web: www.kingstonecompanies.com
• Phone: (845) 802-7900
• Fax: 845-853-1890
• Employees: 90
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.13
• High Stock Price Target: $6.50
• Low Stock Price Target: $1.75
• Potential Upside/Downside: -57.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.42
• Trailing P/E Ratio: 23.26
• Forward P/E Ratio: 9.77
• P/E Growth: N/A
• Net Income: $-6,170,000.00
• Net Margins: 3.74%
• Pretax Margin: 4.91%
• Return on Equity: 13.61%
• Return on Assets: 1.47%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 0.37
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $143.11 million
• Price / Sales: 0.75
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.21 per share
• Price / Book: 3.04

Miscellaneous

• Outstanding Shares: 11,008,000
• Free Float: 9,715,000
• Market Cap: $107.55 million
• Optionable: Optionable
• Beta: 0.57