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

Kingstone Companies (NASDAQ:KINS) updated its FY 2025 earnings guidance on Wednesday. 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 Price Performance

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 company has a market capitalization of $164.12 million, a P/E ratio of 10.22 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 (NASDAQ:KINS) last released its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $41.80 million. During the same quarter in the prior year, the firm earned ($0.27) earnings per share. On average, equities research analysts forecast that Kingstone Companies will post 1.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Insider Activity

In related news, Director Carla D’andre purchased 4,000 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost 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 in the company, valued at approximately $43,920. This trade represents a ∞ increase in their position. The purchase 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.