Kingstone Companies (NASDAQ:KINS) Shares Cross Below 200-Day Moving Average – Here’s Why

Kingstone Companies, Inc (NASDAQ:KINS)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.37 and traded as low as $14.44. Kingstone Companies shares last traded at $14.54, with a volume of 66,032 shares trading hands.

Analyst Ratings Changes

A number of analysts have recently weighed in on KINS shares. Zacks Research upgraded Kingstone Companies to a “hold” rating in a research report on Friday, February 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Kingstone Companies in a research note on Monday, December 29th. Finally, Wall Street Zen lowered Kingstone Companies from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Kingstone Companies Stock Performance

The company has a market cap of $210.54 million, a P/E ratio of 5.16 and a beta of 0.44. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average price of $15.51 and a 200-day moving average price of $15.37.

Kingstone Companies (NASDAQ:KINS) last posted its quarterly earnings data on Thursday, March 5th. The insurance provider reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.03. The business had revenue of $56.42 million during the quarter, compared to the consensus estimate of $83.00 million. Kingstone Companies had a net margin of 18.97% and a return on equity of 38.21%. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. Equities analysts expect that Kingstone Companies, Inc will post 1.4 EPS for the current fiscal year.

Kingstone Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 11th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, February 11th. Kingstone Companies’s dividend payout ratio (DPR) is currently 7.09%.

Institutional Investors Weigh In On Kingstone Companies

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of Kingstone Companies by 80.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock valued at $34,000 after purchasing an additional 1,017 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of Kingstone Companies in the fourth quarter valued at $45,000. Kestra Advisory Services LLC bought a new position in Kingstone Companies during the fourth quarter valued at about $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Kingstone Companies during the second quarter worth about $93,000. Finally, MetLife Investment Management LLC grew its holdings in Kingstone Companies by 99.6% during the fourth quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider’s stock worth $110,000 after acquiring an additional 3,257 shares during the period. 14.91% of the stock is currently owned by institutional investors and hedge funds.

Kingstone Companies Company Profile

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.