Kingstone Companies (NASDAQ:KINS) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Kingstone Companies, Inc (NASDAQ:KINS)’s share price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $19.24 and traded as high as $21.00. Kingstone Companies shares last traded at $20.46, with a volume of 258,266 shares.

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

Wall Street Analysts Forecast Growth

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

Kingstone Companies Stock Performance

The stock has a market capitalization of $296.26 million, a price-to-earnings ratio of 7.13 and a beta of 0.49. The stock’s 50-day simple moving average is $19.24 and its 200 day simple moving average is $17.54. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.03.

Kingstone Companies (NASDAQ:KINS) last issued its quarterly earnings data on Thursday, November 5th. The insurance provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.30. The firm had revenue of $67.54 million during the quarter, compared to analysts’ expectations of $89.10 million. Kingstone Companies had a net margin of 14.85% and a return on equity of 30.78%. Analysts expect that Kingstone Companies, Inc will post 2.65 earnings per share for the current fiscal year.

Kingstone Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Wednesday, November 11th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, November 10th. Kingstone Companies’s payout ratio is currently 9.92%.

Institutional Trading of Kingstone Companies

A number of hedge funds have recently made changes to their positions in KINS. Toth Financial Advisory Corp purchased a new stake in Kingstone Companies in the 2nd quarter worth about $38,000. Deutsche Bank AG purchased a new position in shares of Kingstone Companies in the 2nd quarter worth approximately $216,000. R Squared Ltd purchased a new stake in Kingstone Companies during the third quarter worth $328,000. Corient Private Wealth LP acquired a new stake in shares of Kingstone Companies in the second quarter worth $476,000. Finally, Bank of America Corp DE acquired a new position in Kingstone Companies in the 2nd quarter valued at $626,000. 14.91% of the stock is owned by institutional investors and hedge funds.

Kingstone Companies Company Profile

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.