Kingstone Companies (NASDAQ:KINS) Updates 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

Shares of Kingstone Companies stock opened at $13.83 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.43 and a current ratio of 0.43. Kingstone Companies has a 52-week low of $1.95 and a 52-week high of $14.25. The company has a fifty day moving average of $10.09 and a 200-day moving average of $7.57. The stock has a market capitalization of $170.80 million, a price-to-earnings ratio of 10.72 and a beta of 0.55.

Kingstone Companies (NASDAQ:KINS) last posted its quarterly earnings results on Tuesday, November 12th. The insurance provider reported $0.50 earnings per share (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 business had revenue of $40.77 million during the quarter, compared to analyst estimates of $41.80 million. During the same period in the prior year, the business posted ($0.27) earnings per share. Equities research analysts expect that Kingstone Companies will post 1.36 EPS for the current year.

Analysts Set New Price Targets

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

Insider Transactions at Kingstone Companies

In related news, Director Carla D’andre purchased 4,000 shares of Kingstone Companies stock in a transaction that occurred on Friday, November 15th. The shares were bought at an average price of $10.98 per share, for a total transaction of $43,920.00. Following the completion of the transaction, the director now directly owns 4,000 shares of the company’s stock, valued at $43,920. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate 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.