Zacks Research Has Pessimistic Outlook of KNSL Q1 Earnings

Kinsale Capital Group, Inc. (NYSE:KNSLFree Report) – Stock analysts at Zacks Research decreased their Q1 2027 earnings per share estimates for Kinsale Capital Group in a research note issued on Monday, June 8th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $4.88 per share for the quarter, down from their prior estimate of $4.89. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $20.54 per share. Zacks Research also issued estimates for Kinsale Capital Group’s Q2 2027 earnings at $4.98 EPS, FY2027 earnings at $21.31 EPS, Q1 2028 earnings at $4.98 EPS and FY2028 earnings at $22.37 EPS.

Other equities research analysts have also issued research reports about the company. Truist Financial dropped their target price on Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. BMO Capital Markets downgraded Kinsale Capital Group from a “market perform” rating to an “underperform” rating and set a $348.00 target price for the company. in a research note on Wednesday, February 25th. Wall Street Zen downgraded Kinsale Capital Group from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings downgraded Kinsale Capital Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Finally, Jefferies Financial Group downgraded Kinsale Capital Group from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $392.00 to $312.00 in a research note on Thursday, March 19th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $390.18.

Read Our Latest Stock Analysis on Kinsale Capital Group

Kinsale Capital Group Price Performance

Shares of NYSE KNSL opened at $298.61 on Tuesday. The business’s 50 day moving average price is $326.22 and its 200 day moving average price is $362.52. The firm has a market cap of $6.89 billion, a P/E ratio of 13.14, a P/E/G ratio of 0.99 and a beta of 0.91. Kinsale Capital Group has a 52 week low of $287.20 and a 52 week high of $512.76. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.11.

Kinsale Capital Group (NYSE:KNSLGet Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $5.11 EPS for the quarter, beating analysts’ consensus estimates of $4.70 by $0.41. The firm had revenue of $466.71 million for the quarter, compared to analyst estimates of $410.25 million. Kinsale Capital Group had a return on equity of 25.82% and a net margin of 27.48%.Kinsale Capital Group’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.71 earnings per share.

Kinsale Capital Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 28th will be issued a $0.25 dividend. The ex-dividend date is Thursday, May 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.3%. Kinsale Capital Group’s dividend payout ratio is presently 4.40%.

Insider Transactions at Kinsale Capital Group

In other Kinsale Capital Group news, CEO Michael P. Kehoe sold 22,576 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $302.66, for a total value of $6,832,852.16. Following the completion of the sale, the chief executive officer owned 308,048 shares in the company, valued at approximately $93,233,807.68. This represents a 6.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Salmaan K. Allibhai sold 250 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $311.17, for a total value of $77,792.50. Following the completion of the sale, the insider directly owned 3,645 shares of the company’s stock, valued at $1,134,214.65. This trade represents a 6.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Kinsale Capital Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bayban acquired a new stake in shares of Kinsale Capital Group in the 4th quarter worth $25,000. V Square Quantitative Management LLC acquired a new stake in shares of Kinsale Capital Group in the 4th quarter worth $25,000. eCIO Inc. acquired a new stake in shares of Kinsale Capital Group in the 4th quarter worth $29,000. International Assets Investment Management LLC acquired a new stake in shares of Kinsale Capital Group in the 4th quarter worth $29,000. Finally, Johnson Financial Group Inc. increased its stake in shares of Kinsale Capital Group by 257.1% in the 3rd quarter. Johnson Financial Group Inc. now owns 75 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 54 shares during the last quarter. 85.36% of the stock is owned by institutional investors and hedge funds.

About Kinsale Capital Group

(Get Free Report)

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.

See Also

Earnings History and Estimates for Kinsale Capital Group (NYSE:KNSL)

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