Kingstone Companies (NASDAQ:KINS) Announces Earnings Results

Kingstone Companies (NASDAQ:KINS) issued its quarterly earnings results on Thursday. The insurance provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.30, FiscalAI reports. Kingstone Companies had a return on equity of 35.83% and a net margin of 16.83%. The business had revenue of $67.54 million during the quarter, compared to analysts’ expectations of $89.10 million.

Kingstone Companies Price Performance

Shares of NASDAQ:KINS traded up $1.50 during midday trading on Friday, reaching $20.46. 258,266 shares of the company were exchanged, compared to its average volume of 75,485. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03. The business’s fifty day moving average is $19.24 and its two-hundred day moving average is $17.54. Kingstone Companies has a one year low of $13.83 and a one year high of $21.00. The stock has a market cap of $296.26 million, a PE ratio of 6.84 and a beta of 0.49.

Kingstone Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, November 10th. Kingstone Companies’s payout ratio is 9.92%.

Key Kingstone Companies News

Here are the key news stories impacting Kingstone Companies this week:

• Positive Sentiment: Kingstone reported third-quarter EPS of $1.22, above estimates of $0.87–$0.92 and up from $0.73 a year earlier. The company also characterized net income as a record, reinforcing the strength of the earnings result. Zacks Q3 earnings report
• Positive Sentiment: The insurer set 2026 EPS guidance at $2.70–$2.90, modestly above the $2.69 consensus estimate, pointing to a slightly stronger outlook than analysts had expected. Q3 earnings call highlights
• Negative Sentiment: Quarterly revenue was $67.54 million, below analysts’ $89.10 million expectation. The top-line miss may temper the positive reaction to the earnings beat. Quarterly earnings report

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KINS. Weiss Ratings upgraded shares of Kingstone Companies from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, October 23rd. Wall Street Zen raised Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Kingstone Companies

Kingstone Companies, Inc is an insurance holding company that operates primarily through its subsidiary, Kingstone Insurance Company. The company focuses on property and casualty insurance for individuals and families, with an emphasis on personal lines coverage.

Its products have included homeowners, condominium, cooperative, renters, dwelling fire and personal umbrella insurance. These policies are designed to protect residential properties and personal assets against risks such as property damage, liability claims and other covered losses.

Kingstone serves customers through independent insurance agents and has historically concentrated its business in the Northeastern United States, particularly New York and other selected states in the region.