Kinsale Capital Group (KNSL) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kinsale Capital Group in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" KNSL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KNSL, but not buy additional shares or sell existing shares.
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5 Wall Street research analysts have issued 1 year target prices for Kinsale Capital Group's shares. Their KNSL share price forecasts range from $245.00 to $400.00. On average, they predict the company's stock price to reach $334.00 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price.
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Kinsale Capital Group's stock was trading at $261.52 at the start of the year. Since then, KNSL stock has increased by 17.5% and is now trading at $307.21.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our KNSL earnings forecast.

Kinsale Capital Group, Inc. (NYSE:KNSL) released its quarterly earnings data on Friday, April, 28th. The financial services provider reported $2.44 EPS for the quarter, topping analysts' consensus estimates of $2.24 by $0.20. The financial services provider earned $299.03 million during the quarter, compared to analyst estimates of $252.84 million. Kinsale Capital Group had a trailing twelve-month return on equity of 28.34% and a net margin of 20.44%. Kinsale Capital Group's revenue was up 38.1% compared to the same quarter last year. During the same period last year, the business posted $1.63 EPS.

Kinsale Capital Group announced a quarterly dividend on Monday, May 15th. Investors of record on Wednesday, May 31st will be paid a dividend of $0.14 per share on Tuesday, June 13th. This represents a $0.56 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for KNSL.

ETFs with the largest weight of Kinsale Capital Group (NYSE:KNSL) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS), Invesco S&P MidCap Momentum ETF (XMMO), Thrivent Small-Mid Cap ESG ETF (TSME) and Invesco S&P MidCap Quality ETF (XMHQ).

Kinsale Capital Group (NYSE:KNSL) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.18%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 7.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNSL will have a dividend payout ratio of 4.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KNSL.

(KNSL) raised $90 million in an initial public offering (IPO) on Thursday, July 28th 2016. The company issued 6,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, William Blair and RBC Capital Markets acted as the underwriters for the IPO and SunTrust Robinson Humphrey, Dowling & Partners Securities and Moelis & Company were co-managers.

Kinsale Capital Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNSL."

Kinsale Capital Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.90%), Thrivent Financial for Lutherans (3.67%), State Street Corp (3.18%), JPMorgan Chase & Co. (2.57%), Macquarie Group Ltd. (2.30%) and Geode Capital Management LLC (1.93%). Insiders that own company stock include Ann Marie Marson, Anne C Kronenberg, Brian D Haney, Bryan P Petrucelli, Diane D Schnupp, Gregory M Share, James Joseph Ritchie, Michael P Kehoe, Michael P Kehoe, Robert Lippincott III and Steven J Bensinger.
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Shares of KNSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of KNSL stock can currently be purchased for approximately $307.21.

Kinsale Capital Group (NYSE:KNSL) has a market capitalization of $7.11 billion and generates $819.20 million in revenue each year. The financial services provider earns $159.11 million in net income (profit) each year or $7.90 on an earnings per share basis.

The company employs 364 workers across the globe.

Kinsale Capital Group's mailing address is 2221 EDWARD HOLLAND DRIVE SUITE 600, RICHMOND VA, 23230. The official website for the company is www.kinsaleins.com. The financial services provider can be reached via phone at (804) 289-1272, via email at bryan.petrucelli@kinsalecapitalgroup.com, or via fax at 804-673-5697.