Kinsale Capital Group - KNSL Stock Forecast, Price & News

5 Wall Street equities 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 equities 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 12-month target prices for Kinsale Capital Group's shares. Their KNSL share price forecasts range from $230.00 to $400.00. On average, they expect the company's share price to reach $327.00 in the next twelve months. This suggests a possible upside of 13.5% from the stock's current price.
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Kinsale Capital Group's stock was trading at $261.52 on January 1st, 2023. Since then, KNSL stock has increased by 10.2% and is now trading at $288.20.
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Kinsale Capital Group saw a drop in short interest in February. As of February 28th, there was short interest totaling 945,400 shares, a drop of 6.4% from the February 13th total of 1,010,000 shares. Based on an average daily volume of 164,000 shares, the short-interest ratio is presently 5.8 days. Currently, 4.3% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our KNSL earnings forecast.

Kinsale Capital Group, Inc. (NYSE:KNSL) announced its earnings results on Friday, February, 17th. The financial services provider reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.16 by $0.44. The financial services provider earned $242.96 million during the quarter, compared to the consensus estimate of $236.01 million. Kinsale Capital Group had a net margin of 19.42% and a trailing twelve-month return on equity of 27.08%. During the same quarter in the previous year, the company posted $1.76 earnings per share.

Kinsale Capital Group announced a quarterly dividend on Wednesday, February 15th. Investors of record on Tuesday, February 28th will be given a dividend of $0.14 per share on Monday, March 13th. This represents a $0.56 dividend on an annualized basis and a yield of 0.19%. The ex-dividend date of this dividend is Monday, February 27th. This is an increase from the stock's previous quarterly dividend of $0.13.
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), Invesco S&P MidCap 400 Pure Growth ETF (RFG), SPDR S&P Insurance ETF (KIE), Thrivent Small-Mid Cap ESG ETF (TSME), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS), Invesco S&P MidCap Momentum ETF (XMMO), Invesco S&P MidCap Quality ETF (XMHQ) and First Trust Multi-Manager Small Cap Opportunities ETF (MMSC).

Kinsale Capital Group (NYSE:KNSL) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.19%. 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 8.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KNSL will have a dividend payout ratio of 4.73% 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 on Thursday, July 28th 2016. The company issued 6,000,000 shares at $14.00-$16.00 per share. J.P. Morgan, William Blair and RBC Capital Markets served 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 variety of institutional and retail investors. Top institutional shareholders include Bamco Inc. NY (9.06%), Thrivent Financial for Lutherans (3.69%), Geneva Capital Management LLC (2.38%), JPMorgan Chase & Co. (2.17%), Macquarie Group Ltd. (2.06%) and Morgan Stanley (1.97%). 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 and Robert Lippincott III.
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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 $288.20.

Kinsale Capital Group (NYSE:KNSL) has a market capitalization of $6.66 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 $6.88 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.