Kingstone Companies (NASDAQ:KINS - Get Free Report) issued its quarterly earnings data on Thursday. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.46, Zacks reports. The firm had revenue of $42.10 million during the quarter, compared to analysts' expectations of $38.10 million. Kingstone Companies had a net margin of 10.60% and a return on equity of 32.55%.
Kingstone Companies Stock Down 7.0 %
NASDAQ KINS traded down $1.17 during trading hours on Monday, reaching $15.46. 451,541 shares of the company's stock were exchanged, compared to its average volume of 180,473. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.43 and a current ratio of 0.43. The company has a market capitalization of $190.92 million, a price-to-earnings ratio of 11.89 and a beta of 0.71. The company's 50-day moving average is $15.96 and its two-hundred day moving average is $13.36. Kingstone Companies has a one year low of $3.72 and a one year high of $19.18.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Kingstone Companies from a "hold" rating to a "buy" rating in a report on Wednesday, March 12th.
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About Kingstone Companies
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Kingstone Companies, Inc, through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies.
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