Kingstone Companies (NASDAQ:KINS) Releases Earnings Results, Beats Estimates By $0.09 EPS

Kingstone Companies (NASDAQ:KINS) posted its quarterly earnings results on Thursday. The insurance provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.09, FiscalAI reports. 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 the consensus estimate of $71.70 million. Kingstone Companies updated its FY 2026 guidance to 2.200-2.900 EPS.

Kingstone Companies Stock Performance

KINS stock traded down $1.77 during midday trading on Friday, hitting $19.03. 180,972 shares of the company traded hands, compared to its average volume of 103,790. Kingstone Companies has a twelve month low of $13.08 and a twelve month high of $20.90. The stock has a market capitalization of $275.55 million, a price-to-earnings ratio of 7.86 and a beta of 0.43. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.04. The business has a 50 day simple moving average of $18.41 and a 200-day simple moving average of $16.67.

Kingstone Companies Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Tuesday, August 11th. 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%. Kingstone Companies’s dividend payout ratio (DPR) is currently 9.30%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KINS. Weiss Ratings downgraded Kingstone Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. Wall Street Zen raised Kingstone Companies from a “hold” rating to a “buy” rating in a research note on Saturday. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

Insider Buying and Selling at Kingstone Companies

In other news, Director Thomas Newgarden acquired 8,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average cost of $14.99 per share, with a total value of $119,920.00. Following the acquisition, the director owned 99,366 shares in the company, valued at approximately $1,489,496.34. This represents a 8.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 44,502 shares of company stock valued at $653,377 in the last ninety days. 4.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its position in Kingstone Companies by 80.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock worth $34,000 after acquiring an additional 1,017 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Kingstone Companies in the fourth quarter valued at about $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Kingstone Companies in the second quarter valued at about $93,000. MetLife Investment Management LLC grew its position in shares of Kingstone Companies by 99.6% in the fourth 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 bought a new position in shares of Kingstone Companies in the second quarter worth about $163,000. Institutional investors own 14.91% of the company’s stock.

Kingstone Companies declared that its Board of Directors has approved a stock repurchase plan on Tuesday, May 19th that authorizes the company to buyback 1,000,000 outstanding shares. This buyback authorization authorizes the insurance provider to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.