Zacks Research Brokers Reduce Earnings Estimates for KNSL

Kinsale Capital Group, Inc. (NYSE:KNSL) – Zacks Research dropped their Q4 2027 earnings per share (EPS) estimates for Kinsale Capital Group in a note issued to investors on Tuesday, August 25th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $6.00 for the quarter, down from their previous forecast of $6.02. 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 $22.90 EPS.

A number of other research firms have also weighed in on KNSL. Wall Street Zen raised shares of Kinsale Capital Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Morgan Stanley raised their price target on Kinsale Capital Group from $345.00 to $390.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 19th. Weiss Ratings upgraded Kinsale Capital Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 19th. JPMorgan Chase & Co. lifted their price objective on Kinsale Capital Group from $380.00 to $390.00 and gave the stock a “neutral” rating in a research note on Monday, July 20th. Finally, TD Cowen reissued a “hold” rating on shares of Kinsale Capital Group in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Kinsale Capital Group has an average rating of “Reduce” and an average target price of $368.78.

Kinsale Capital Group Price Performance

NYSE KNSL opened at $388.56 on Wednesday. Kinsale Capital Group has a 1 year low of $287.20 and a 1 year high of $485.00. The company has a fifty day simple moving average of $349.91 and a 200 day simple moving average of $345.11. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.11. The company has a market cap of $8.85 billion, a P/E ratio of 15.74, a P/E/G ratio of 1.25 and a beta of 0.89.

Kinsale Capital Group (NYSE:KNSL) last released its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $5.54 EPS 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 company had revenue of $548.52 million for the quarter, compared to analyst estimates of $445.13 million. During the same quarter last year, the firm posted $4.78 earnings per share. The company’s quarterly revenue was up 16.8% compared to the same quarter last year.

Kinsale Capital Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, August 28th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.3%. Kinsale Capital Group’s dividend payout ratio (DPR) is 4.05%.

Insider Transactions at Kinsale Capital Group

In other news, CAO Christopher R. Tangard purchased 330 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were purchased at an average cost of $304.00 per share, for a total transaction of $100,320.00. Following the completion of the purchase, the chief accounting officer directly owned 380 shares of the company’s stock, valued at approximately $115,520. The trade was a 660.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.60% of the stock is owned by corporate insiders.

Institutional Trading of Kinsale Capital Group

Several institutional investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its position in Kinsale Capital Group by 76.2% in the first quarter. AQR Capital Management LLC now owns 835 shares of the financial services provider’s stock worth $397,000 after purchasing an additional 361 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Kinsale Capital Group by 72.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 102 shares of the financial services provider’s stock valued at $49,000 after buying an additional 43 shares during the period. Brown Advisory Inc. increased its holdings in Kinsale Capital Group by 7.9% in the 2nd quarter. Brown Advisory Inc. now owns 1,117 shares of the financial services provider’s stock valued at $541,000 after buying an additional 82 shares during the period. Jump Financial LLC raised its stake in shares of Kinsale Capital Group by 136.9% in the 2nd quarter. Jump Financial LLC now owns 1,097 shares of the financial services provider’s stock valued at $531,000 after buying an additional 634 shares in the last quarter. Finally, Cerity Partners LLC raised its stake in shares of Kinsale Capital Group by 45.3% in the 2nd quarter. Cerity Partners LLC now owns 5,021 shares of the financial services provider’s stock valued at $2,430,000 after buying an additional 1,566 shares in the last quarter. Institutional investors and hedge funds 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.