Kingstone Companies (NASDAQ:KINS) Issues FY 2024 Earnings Guidance

Kingstone Companies (NASDAQ:KINS) updated its FY 2024 earnings guidance on Wednesday. The company provided EPS guidance of 0.500-0.900 for the period. The company issued revenue guidance of -.

Kingstone Companies Stock Performance

Shares of KINS opened at $4.45 on Friday. Kingstone Companies has a 12 month low of $1.04 and a 12 month high of $4.50. The firm has a fifty day simple moving average of $3.45 and a 200 day simple moving average of $2.61. The stock has a market capitalization of $47.88 million, a price-to-earnings ratio of -7.54 and a beta of 0.56. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kingstone Companies stock. Millennium Management LLC purchased a new position in shares of Kingstone Companies, Inc. (NASDAQ:KINS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 90,041 shares of the insurance provider’s stock, valued at approximately $122,000. Millennium Management LLC owned approximately 0.85% of Kingstone Companies at the end of the most recent quarter. Institutional investors and hedge funds own 14.91% of the company’s stock.

Kingstone Companies Company Profile

Kingstone Companies, Inc, through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, including homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies.