Kingstone Companies (NASDAQ:KINS) Releases Quarterly Earnings Results, Beats Expectations By $0.30 EPS

Kingstone Companies (NASDAQ:KINS) posted its quarterly earnings results on Thursday. The insurance provider reported $1.22 EPS for the quarter, beating the consensus estimate of $0.92 by $0.30, FiscalAI reports. Kingstone Companies had a return on equity of 35.83% and a net margin of 16.83%. The business had revenue of $67.54 million during the quarter, compared to analysts’ expectations of $89.10 million.

Kingstone Companies Trading Up 7.9%

Kingstone Companies stock traded up $1.50 during midday trading on Friday, reaching $20.46. The stock had a trading volume of 258,266 shares, compared to its average volume of 75,485. The stock’s 50-day simple moving average is $19.24 and its 200 day simple moving average is $17.54. Kingstone Companies has a twelve month low of $13.83 and a twelve month high of $21.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.34 and a current ratio of 0.34. The stock has a market capitalization of $296.26 million, a PE ratio of 6.84 and a beta of 0.49.

Kingstone Companies Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Key Stories Impacting Kingstone Companies

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

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.