What is Zacks Research’s Estimate for KNSL FY2027 Earnings?

Kinsale Capital Group, Inc. (NYSE:KNSL) – Investment analysts at Zacks Research cut their FY2027 EPS estimates for shares of Kinsale Capital Group in a research report issued on Friday, August 7th. Zacks Research analyst Team now anticipates that the financial services provider will earn $21.33 per share for the year, down from their prior estimate of $21.41. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $21.10 per share. Zacks Research also issued estimates for Kinsale Capital Group’s FY2028 earnings at $22.97 EPS.

A number of other equities analysts have also commented on KNSL. Royal Bank Of Canada cut their price target on Kinsale Capital Group from $385.00 to $375.00 and set a “sector perform” rating for the company in a report on Monday, April 27th. JPMorgan Chase & Co. boosted their price objective on Kinsale Capital Group from $380.00 to $390.00 and gave the company a “neutral” rating in a research note on Monday, July 20th. Truist Financial cut their target price on Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Weiss Ratings lowered Kinsale Capital Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, June 26th. Finally, Morgan Stanley reduced their target price on Kinsale Capital Group from $350.00 to $330.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $362.11.

Kinsale Capital Group Trading Down 1.6%

Shares of KNSL stock opened at $367.65 on Tuesday. The stock has a market capitalization of $8.38 billion, a price-to-earnings ratio of 14.90, a PEG ratio of 1.18 and a beta of 0.89. The company’s fifty day simple moving average is $333.41 and its two-hundred day simple moving average is $346.58. Kinsale Capital Group has a 1 year low of $287.20 and a 1 year high of $485.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.09 and a quick ratio of 0.09.

Kinsale Capital Group (NYSE:KNSL) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $5.54 earnings per share for the quarter, beating analysts’ consensus estimates of $5.11 by $0.43. Kinsale Capital Group had a net margin of 28.49% and a return on equity of 25.54%. The business had revenue of $548.52 million during the quarter, compared to analyst estimates of $445.13 million. During the same period in the previous year, the business earned $4.78 EPS. Kinsale Capital Group’s revenue was up 16.8% compared to the same quarter last year.

Insiders Place Their Bets

In other Kinsale Capital Group news, CAO Christopher R. Tangard bought 330 shares of Kinsale Capital Group stock in a transaction that occurred on Monday, June 8th. The stock was acquired at an average cost of $304.00 per share, for a total transaction of $100,320.00. Following the completion of the transaction, the chief accounting officer directly owned 380 shares in the company, valued at $115,520. This represents a 660.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Salmaan K. Allibhai sold 250 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $311.17, for a total value of $77,792.50. Following the completion of the transaction, the insider owned 3,645 shares in the company, valued at $1,134,214.65. This represents a 6.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of KNSL. Vident Advisory LLC increased its position in shares of Kinsale Capital Group by 2.9% in the second quarter. Vident Advisory LLC now owns 825 shares of the financial services provider’s stock worth $399,000 after purchasing an additional 23 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in Kinsale Capital Group by 3.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 867 shares of the financial services provider’s stock valued at $339,000 after purchasing an additional 28 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Kinsale Capital Group by 20.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 162 shares of the financial services provider’s stock worth $77,000 after buying an additional 28 shares in the last quarter. Signaturefd LLC grew its stake in Kinsale Capital Group by 39.0% in the 4th quarter. Signaturefd LLC now owns 107 shares of the financial services provider’s stock worth $42,000 after buying an additional 30 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Kinsale Capital Group by 5.3% in the 4th quarter. CWM LLC now owns 592 shares of the financial services provider’s stock worth $232,000 after buying an additional 30 shares during the last quarter. Hedge funds and other institutional investors own 85.36% of the company’s stock.

Kinsale Capital Group Company Profile

Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.

The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.