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

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

Kingstone Companies Stock Up 14.4 %

Shares of KINS stock 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 stock has a market cap of $47.88 million, a P/E 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. The company has a 50 day simple moving average of $3.45 and a two-hundred day simple moving average of $2.61.

Institutional Trading of Kingstone Companies

A hedge fund recently bought a new stake in Kingstone Companies stock. Millennium Management LLC acquired a new position in Kingstone Companies, Inc. (NASDAQ:KINS) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 reporting period. 14.91% of the stock is currently owned by institutional investors.

About Kingstone Companies

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.