Kinsale Capital Group (KNSL) Stock Price, News & Analysis

Company Overview

Kinsale Capital Group, Inc., a specialty insurance company, engages in the provision of property and casualty insurance products in the United States. The company's commercial lines offerings include commercial property, small business casualty and property, excess and general casualty, construction, allied health, life sciences, entertainment, energy, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad, as well as product, professional, and management liability insurance. It markets and sells its insurance products in all 50 states, the District of Columbia, the Commonwealth of Puerto Rico, and the U.S. Virgin Islands primarily through a network of independent insurance brokers. The company was founded in 2009 and is headquartered in Richmond, Virginia.

Key Stats

• Today's Range: $463.16 to $473.21
• 50-Day Range: $424.05 to $524.24
• 52-Week Range: $331.69 to $548.47
• Volume: 28,077 shs
• Average Volume: 172,304 shs
• Market Capitalization: $10.99 billion
• P/E Ratio: 26.91
• Dividend Yield: 0.13%
• Price Target: $472.00
• Consensus Rating: Hold

Kinsale Capital Group Stock Analysis - MarketRank™

Kinsale Capital Group scored higher than 56% of companies evaluated by MarketBeat, and ranked 604th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Kinsale Capital Group has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Kinsale Capital Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 17.55%

Earnings Growth

Earnings for Kinsale Capital Group are expected to grow by 17.55% in the coming year, from $15.61 to $18.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kinsale Capital Group is 26.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kinsale Capital Group is 26.41, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.04.

Price to Earnings Growth Ratio

Kinsale Capital Group has a PEG Ratio of 2.19. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Kinsale Capital Group has a P/B Ratio of 9.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.53% of the float of Kinsale Capital Group has been sold short.

Short Interest Ratio / Days to Cover

Kinsale Capital Group has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Kinsale Capital Group has recently increased by 0.83%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Kinsale Capital Group has a dividend yield of 0.13%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Kinsale Capital Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Kinsale Capital Group is 3.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kinsale Capital Group will have a dividend payout ratio of 3.27% next year. This indicates that Kinsale Capital Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.53% of the float of Kinsale Capital Group has been sold short.

Short Interest Ratio / Days to Cover

Kinsale Capital Group has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Kinsale Capital Group has recently increased by 0.83%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.00

News Sentiment

Kinsale Capital Group has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Kinsale Capital Group this week, compared to 7 articles on an average week.

Search Interest

Only 6 people have searched for KNSL on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Kinsale Capital Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Kinsale Capital Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,618,954.00 in company stock.

Percentage Held by Insiders

Only 5.60% of the stock of Kinsale Capital Group is held by insiders.

Percentage Held by Institutions

85.36% of the stock of Kinsale Capital Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KNSL Stock Analysis - Frequently Asked Questions

How have KNSL shares performed this year?

Kinsale Capital Group's stock was trading at $334.91 on January 1st, 2024. Since then, KNSL shares have increased by 38.3% and is now trading at $463.30.
View the best growth stocks for 2024 here.

How were Kinsale Capital Group's earnings last quarter?

Kinsale Capital Group, Inc. (NYSE:KNSL) announced its quarterly earnings results on Thursday, October, 24th. The financial services provider reported $4.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.60 by $0.60. The firm's revenue was up 33.0% on a year-over-year basis.

When did Kinsale Capital Group IPO?

Kinsale Capital Group (KNSL) raised $90 million in an initial public offering on Thursday, July 28th 2016. The company issued 6,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, William Blair and RBC Capital Markets acted as the underwriters for the IPO and SunTrust Robinson Humphrey, Dowling & Partners Securities and Moelis & Company were co-managers.

Who are Kinsale Capital Group's major shareholders?

Top institutional shareholders of Kinsale Capital Group include Bamco Inc. NY (7.49%), State Street Corp (2.96%), Thrivent Financial for Lutherans (2.73%) and Geode Capital Management LLC (2.27%). Insiders that own company stock include Michael P Kehoe, Brian D Haney, Bryan P Petrucelli, Steven J Bensinger, Robert Lippincott III, Anne C Kronenberg, James Joseph Ritchie, Diane D Schnupp, Robert V Hatcher III and Frederick L Jr Russell.
View institutional ownership trends.

How do I buy shares of Kinsale Capital Group?

Shares of KNSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kinsale Capital Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kinsale Capital Group investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), ServiceNow (NOW), CrowdStrike (CRWD) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:KNSL
• CUSIP: N/A
• CIK: 1669162
• Web: www.kinsaleins.com
• Phone: (804) 289-1272
• Fax: 804-673-5697
• Employees: 561
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $472.00
• High Stock Price Target: $593.00
• Low Stock Price Target: $390.00
• Potential Upside/Downside: +1.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $17.54
• Trailing P/E Ratio: 26.50
• Forward P/E Ratio: 29.78
• P/E Growth: 2.19
• Net Income: $308.09 million
• Net Margins: 26.80%
• Pretax Margin: 33.15%
• Return on Equity: 28.87%
• Return on Assets: 8.44%

Debt

• Debt-to-Equity Ratio: 0.13
• Current Ratio: 0.09
• Quick Ratio: 0.09

Sales & Book Value

• Annual Sales: $1.53 billion
• Price / Sales: 7.09
• Cash Flow: $11.54 per share
• Price / Cash Flow: 40.27
• Book Value: $46.88 per share
• Price / Book: 9.92

Miscellaneous

• Outstanding Shares: 23,288,000
• Free Float: 21,984,000
• Market Cap: $10.82 billion
• Optionable: Optionable
• Beta: 1.13