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

Kingstone Companies (NASDAQ:KINS) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.450-1.850 for the period, compared to the consensus EPS 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 Stock Up 3.5 %

Shares of NASDAQ:KINS opened at $13.29 on Wednesday. The business’s 50 day moving average is $9.99 and its 200 day moving average is $7.52. Kingstone Companies has a 12-month low of $1.95 and a 12-month high of $13.54. The stock has a market cap of $164.12 million, a price-to-earnings ratio of 10.22 and a beta of 0.55. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.29.

Kingstone Companies (NASDAQ:KINS) last announced its earnings results on Tuesday, November 12th. The insurance provider reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. Kingstone Companies had a net margin of 10.60% and a return on equity of 32.55%. The company had revenue of $40.77 million during the quarter, compared to the consensus estimate of $41.80 million. During the same quarter in the prior year, the company posted ($0.27) earnings per share. On average, sell-side analysts forecast that Kingstone Companies will post 1.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other news, Director Carla D’andre acquired 4,000 shares of Kingstone Companies stock in a transaction on Friday, November 15th. The stock was acquired at an average cost of $10.98 per share, with a total value of $43,920.00. Following the completion of the acquisition, the director now owns 4,000 shares in the company, valued at approximately $43,920. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.20% of the stock is currently owned by insiders.

Kingstone Companies Company Profile

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.