Kingstone Companies (NASDAQ:KINS – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.200-2.900 for the period, compared to the consensus estimate of 2.600. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the company. Wall Street Zen upgraded Kingstone Companies from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings lowered Kingstone Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, Kingstone Companies presently has an average rating of “Hold”.
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Kingstone Companies Stock Performance
Kingstone Companies (NASDAQ:KINS – Get Free Report) last posted its earnings results on Thursday, August 6th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.09. Kingstone Companies had a net margin of 14.85% and a return on equity of 31.73%. The business had revenue of $65.85 million for the quarter, compared to analyst estimates of $71.70 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. Sell-side analysts forecast that Kingstone Companies will post 2.6 earnings per share for the current year.
Kingstone Companies Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.06 per share. This is an increase from Kingstone Companies’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, August 11th. Kingstone Companies’s dividend payout ratio (DPR) is currently 9.30%.
Kingstone Companies announced that its Board of Directors has approved a stock repurchase plan on Tuesday, May 19th that allows the company to repurchase 1,000,000 outstanding shares. This repurchase authorization allows the insurance provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Insider Activity
In related news, Director Thomas Newgarden purchased 15,301 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average price of $14.52 per share, with a total value of $222,170.52. Following the acquisition, the director owned 70,165 shares in the company, valued at $1,018,795.80. The trade was a 27.89% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders purchased 44,502 shares of company stock worth $653,377. Company insiders own 4.30% of the company’s stock.
Institutional Investors Weigh In On Kingstone Companies
Several large investors have recently bought and sold shares of KINS. BNP Paribas Financial Markets lifted its position in shares of Kingstone Companies by 80.1% in the third quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock valued at $34,000 after acquiring an additional 1,017 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Kingstone Companies during the fourth quarter worth approximately $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Kingstone Companies during the second quarter worth approximately $93,000. MetLife Investment Management LLC raised its stake in Kingstone Companies by 99.6% in the 4th quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider’s stock valued at $110,000 after purchasing an additional 3,257 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in Kingstone Companies in the 2nd quarter valued at $163,000. 14.91% of the stock is currently owned by hedge funds and other institutional investors.
About Kingstone Companies
Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.
The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.
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