Brokerages expect Kinsale Capital Group Inc (NASDAQ:KNSL) to report earnings per share (EPS) of $0.49 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Kinsale Capital Group’s earnings. The lowest EPS estimate is $0.33 and the highest is $0.58. Kinsale Capital Group reported earnings per share of $0.36 in the same quarter last year, which indicates a positive year-over-year growth rate of 36.1%. The business is scheduled to report its next quarterly earnings results on Monday, February 25th.

On average, analysts expect that Kinsale Capital Group will report full-year earnings of $1.82 per share for the current financial year, with EPS estimates ranging from $1.66 to $1.90. For the next fiscal year, analysts expect that the company will report earnings of $2.25 per share, with EPS estimates ranging from $2.10 to $2.35. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Kinsale Capital Group.

Kinsale Capital Group (NASDAQ:KNSL) last announced its earnings results on Friday, November 2nd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.49. The business had revenue of $60.14 million for the quarter, compared to analysts’ expectations of $57.62 million. Kinsale Capital Group had a return on equity of 14.84% and a net margin of 16.33%.

Several analysts have issued reports on the company. Zacks Investment Research raised Kinsale Capital Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 10th. William Blair raised Kinsale Capital Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 6th. Finally, BidaskClub cut Kinsale Capital Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 9th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the stock. Kinsale Capital Group currently has an average rating of “Buy” and an average target price of $61.33.

In other news, Director Frederick L. Jr. Russell sold 1,000 shares of the firm’s stock in a transaction on Tuesday, October 9th. The stock was sold at an average price of $61.31, for a total value of $61,310.00. Following the completion of the sale, the director now owns 1,111 shares of the company’s stock, valued at approximately $68,115.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Frederick L. Jr. Russell sold 5,000 shares of the firm’s stock in a transaction on Tuesday, November 6th. The stock was sold at an average price of $60.35, for a total value of $301,750.00. The disclosure for this sale can be found here. Insiders have sold a total of 18,000 shares of company stock worth $1,074,190 in the last ninety days. Insiders own 8.20% of the company’s stock.

Several institutional investors have recently bought and sold shares of KNSL. Vanguard Group Inc grew its position in shares of Kinsale Capital Group by 0.7% in the third quarter. Vanguard Group Inc now owns 920,512 shares of the financial services provider’s stock valued at $58,783,000 after purchasing an additional 6,834 shares during the last quarter. Clearbridge Investments LLC boosted its position in shares of Kinsale Capital Group by 992,674.2% during the third quarter. Clearbridge Investments LLC now owns 307,760 shares of the financial services provider’s stock valued at $19,654,000 after purchasing an additional 307,729 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Kinsale Capital Group by 0.7% during the third quarter. Vanguard Group Inc. now owns 920,512 shares of the financial services provider’s stock valued at $58,783,000 after purchasing an additional 6,834 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Kinsale Capital Group by 12.4% during the third quarter. Teachers Advisors LLC now owns 37,939 shares of the financial services provider’s stock valued at $2,423,000 after purchasing an additional 4,178 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Kinsale Capital Group by 132.5% during the third quarter. AQR Capital Management LLC now owns 19,012 shares of the financial services provider’s stock valued at $1,214,000 after purchasing an additional 10,836 shares in the last quarter. 83.38% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ KNSL opened at $55.29 on Friday. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 34.14 and a beta of 0.62. Kinsale Capital Group has a 12-month low of $41.85 and a 12-month high of $64.97.

The business also recently announced a quarterly dividend, which was paid on Friday, December 14th. Shareholders of record on Friday, November 30th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, November 29th. This represents a $0.28 annualized dividend and a yield of 0.51%. Kinsale Capital Group’s dividend payout ratio (DPR) is presently 22.40%.

About Kinsale Capital Group

Kinsale Capital Group, Inc provides as a casualty and property insurance products in the United States. Its commercial lines offerings include construction, small business, energy, excess casualty, general casualty, product liability, professional liability, life sciences, allied health, health care, commercial property, management liability, environmental, public entity, inland marine, and commercial insurance, as well as homeowners insurance.

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

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