Q1 EPS Forecast for Kinsale Capital Group Reduced by Analyst

Kinsale Capital Group, Inc. (NYSE:KNSL) – Research analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for Kinsale Capital Group in a report issued on Monday, February 24th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $3.28 per share for the quarter, down from their prior forecast of $3.98. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $17.72 per share.

Other research analysts have also issued research reports about the stock. Royal Bank of Canada restated a “sector perform” rating and set a $500.00 price target on shares of Kinsale Capital Group in a research note on Tuesday, February 18th. Morgan Stanley lowered their target price on shares of Kinsale Capital Group from $535.00 to $520.00 and set an “overweight” rating on the stock in a research report on Friday, February 14th. JMP Securities reaffirmed a “market perform” rating on shares of Kinsale Capital Group in a research report on Friday, February 14th. BMO Capital Markets increased their price objective on Kinsale Capital Group from $445.00 to $461.00 and gave the company a “market perform” rating in a report on Thursday, November 21st. Finally, Truist Financial boosted their target price on Kinsale Capital Group from $480.00 to $525.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Kinsale Capital Group has an average rating of “Hold” and a consensus price target of $468.56.

Kinsale Capital Group Price Performance

Shares of KNSL opened at $432.20 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.09 and a current ratio of 0.09. The firm has a market cap of $10.07 billion, a PE ratio of 24.29, a PEG ratio of 1.66 and a beta of 1.15. The firm’s 50 day moving average price is $447.29 and its 200 day moving average price is $464.10. Kinsale Capital Group has a twelve month low of $355.12 and a twelve month high of $548.47.

Kinsale Capital Group (NYSE:KNSL) last announced its quarterly earnings results on Thursday, February 13th. The financial services provider reported $4.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.23 by $0.39. The business had revenue of $412.12 million during the quarter, compared to analyst estimates of $418.32 million. Kinsale Capital Group had a return on equity of 28.04% and a net margin of 26.13%.

Kinsale Capital Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 27th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $0.68 dividend on an annualized basis and a yield of 0.16%. This is a positive change from Kinsale Capital Group’s previous quarterly dividend of $0.15. Kinsale Capital Group’s dividend payout ratio (DPR) is 3.82%.

Insiders Place Their Bets

In other news, EVP Diane D. Schnupp sold 500 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $510.00, for a total transaction of $255,000.00. Following the completion of the transaction, the executive vice president now directly owns 6,994 shares of the company’s stock, valued at approximately $3,566,940. This trade represents a 6.67 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James Joseph Ritchie sold 2,295 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $499.79, for a total transaction of $1,147,018.05. Following the transaction, the director now owns 7,348 shares of the company’s stock, valued at approximately $3,672,456.92. This represents a 23.80 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

Institutional Trading of Kinsale Capital Group

A number of large investors have recently bought and sold shares of the stock. Capital A Wealth Management LLC acquired a new position in Kinsale Capital Group in the fourth quarter valued at about $123,000. Ascent Group LLC raised its stake in shares of Kinsale Capital Group by 7.0% in the fourth quarter. Ascent Group LLC now owns 8,118 shares of the financial services provider’s stock worth $3,776,000 after acquiring an additional 533 shares during the last quarter. Novem Group bought a new position in shares of Kinsale Capital Group in the fourth quarter worth about $778,000. Ashford Capital Management Inc. lifted its position in shares of Kinsale Capital Group by 0.3% during the fourth quarter. Ashford Capital Management Inc. now owns 40,995 shares of the financial services provider’s stock worth $19,068,000 after purchasing an additional 130 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Kinsale Capital Group by 7.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 72,240 shares of the financial services provider’s stock valued at $33,601,000 after purchasing an additional 4,986 shares during the last quarter. 85.36% of the stock is currently owned by institutional investors.

About Kinsale Capital Group

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.