Kingstone Companies (NASDAQ:KINS) Updates FY 2025 Earnings Guidance

Kingstone Companies (NASDAQ:KINS) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.450-1.850 for the period, compared to the consensus earnings per share estimate of 1.240. The company issued revenue guidance of -. Kingstone Companies also updated its FY 2024 guidance to 1.300-1.600 EPS.

Kingstone Companies Trading Up 9.5 %

NASDAQ KINS opened at $15.15 on Friday. The stock has a 50-day moving average of $10.18 and a 200-day moving average of $7.61. The firm has a market cap of $187.10 million, a PE ratio of 11.65 and a beta of 0.55. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.29. Kingstone Companies has a 1-year low of $1.95 and a 1-year high of $15.82.

Kingstone Companies (NASDAQ:KINS) last released its earnings results on Tuesday, November 12th. The insurance provider reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. Kingstone Companies had a return on equity of 32.55% and a net margin of 10.60%. The company had revenue of $40.77 million during the quarter, compared to analysts’ expectations of $41.80 million. During the same quarter last year, the business posted ($0.27) EPS. As a group, sell-side analysts forecast that Kingstone Companies will post 1.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Kingstone Companies from a “hold” rating to a “buy” rating in a research report on Wednesday.

Insider Activity

In other news, Director Carla D’andre purchased 4,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of $10.98 per share, for a total transaction of $43,920.00. Following the completion of the acquisition, the director now owns 4,000 shares of the company’s stock, valued at approximately $43,920. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 12.20% of the company’s stock.

About Kingstone Companies

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.