Kingsway Financial Services Inc., through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through three segments: Insurance Underwriting, Extended Warranty, and Leased Real Estate. The Insurance Underwriting segment offers various automobile insurance products, including liability insurance that covers claims against its insured's responsible for automobile accidents; accident benefit policies or personal injury protection policies that provide coverage for loss of income, medical, and rehabilitation expenses for insured persons who are injured in an automobile accident; and physical damage policies, which cover damages to an insured automobile arising from a collision with another object, as well as from other risks, such as fire or theft. The Extended Warranty segment markets and administers vehicle service agreements and related products for new and used automobiles. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and refrigeration equipment; and equipment breakdown and maintenance support services to companies. The Leased Real Estate segment owns the Real Property, which is subject to a long-term triple net lease agreement. The company offers its products and services to credit unions, consumers, and businesses through a network of independent agencies. Kingsway Financial Services Inc. was founded in 1989 and is based in Toronto, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:KFS
Previous Symbol
CUSIPN/A
Phone1-416-848-1171
Debt
Debt-to-Equity Ratio8.83
Current Ratio2.31
Quick Ratio2.31
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$193.19 million
Price / Sales0.24
Cash FlowN/A
Price / Cash FlowN/A
Book Value$1.85 per share
Price / Book1.14
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-15,460,000.00
Net Margins-12.53%
Return on Equity-74.78%
Return on Assets-5.62%
Miscellaneous
Employees316
Outstanding Shares22,380,000
Market Cap$51.03 million
OptionableNot Optionable
Kingsway Financial Services (NYSE:KFS) Frequently Asked Questions
What is Kingsway Financial Services' stock symbol?
Kingsway Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "KFS."
How were Kingsway Financial Services' earnings last quarter?
Kingsway Financial Services Inc. (NYSE:KFS) posted its quarterly earnings results on Thursday, November, 8th. The insurance provider reported ($0.18) earnings per share for the quarter. The insurance provider had revenue of $12.30 million for the quarter. Kingsway Financial Services had a negative net margin of 12.53% and a negative return on equity of 74.78%. View Kingsway Financial Services' Earnings History.
When is Kingsway Financial Services' next earnings date?
Has Kingsway Financial Services been receiving favorable news coverage?
News headlines about KFS stock have trended positive on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kingsway Financial Services earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term.
Who are some of Kingsway Financial Services' key competitors?
Some companies that are related to Kingsway Financial Services include Tiptree (TIPT), Kingstone Companies (KINS), Maiden (MHLD), Atlas Financial (AFH), Blue Capital Reinsurance (BCRH), ICC (ICCH), Conifer (CNFR), Unico American (UNAM), 1347 Property Insurance (PIH), Oxbridge Re (OXBR), Baldwin & Lyons Inc Class A (BWINA), Baldwin & Lyons Inc Class B (BWINB), First Acceptance (FAC), Infinity Property and Casualty (IPCC) and Till Capital (TIL).
Who are Kingsway Financial Services' key executives?
Kingsway Financial Services' management team includes the folowing people:
- Mr. John Taylor Maloney Fitzgerald, CEO, Pres & Director (Age 47)
- Mr. William A. Hickey Jr., CFA, CPA, Exec. VP & CFO (Age 59)
- Mr. Hassan Raza Baqar, VP of Fin. (Age 41)
- Mr. Larry Gene Swets Jr., C.F.A., CFA, Sr. Advisor & Director (Age 43)
- Mr. Adam Prior, Sr. VP, Equity Group Inc.
Who are Kingsway Financial Services' major shareholders?
Kingsway Financial Services' stock is owned by many different of institutional and retail investors. Top institutional investors include Stilwell Value LLC (18.25%). Company insiders that own Kingsway Financial Services stock include Douglas Levine, Gary Schaevitz, Hassan Baqar, John Taylor Maloney Fitzgerald, Joseph Stilwell, Larry G Swets Jr, Larry G Swets, Jr, William August Hickey Jr and William August Hickey, Jr. View Institutional Ownership Trends for Kingsway Financial Services.
Which major investors are buying Kingsway Financial Services stock?
KFS stock was purchased by a variety of institutional investors in the last quarter, including Stilwell Value LLC. Company insiders that have bought Kingsway Financial Services stock in the last two years include Douglas Levine, Gary Schaevitz, Hassan Baqar, John Taylor Maloney Fitzgerald, Joseph Stilwell, Larry G Swets Jr, Larry G Swets, Jr, William August Hickey Jr and William August Hickey, Jr. View Insider Buying and Selling for Kingsway Financial Services.
How do I buy shares of Kingsway Financial Services?
Shares of KFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Kingsway Financial Services' stock price today?
One share of KFS stock can currently be purchased for approximately $2.10.
How big of a company is Kingsway Financial Services?
Kingsway Financial Services has a market capitalization of $51.03 million and generates $193.19 million in revenue each year. Kingsway Financial Services employs 316 workers across the globe.
What is Kingsway Financial Services' official website?
How can I contact Kingsway Financial Services?
Kingsway Financial Services' mailing address is 45 ST. CLAIR WEST SUITE 400, TORONTO A6, M4V 1K9. The insurance provider can be reached via phone at 1-416-848-1171 or via email at [email protected]
MarketBeat Community Rating for Kingsway Financial Services (NYSE KFS)
MarketBeat's community ratings are surveys of what our community members think about Kingsway Financial Services and other stocks. Vote "Outperform" if you believe KFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KFS will underperform the S&P 500 over the long term. You may vote once every thirty days.
