FY2025 EPS Estimates for KNSL Boosted by Cantor Fitzgerald

Kinsale Capital Group, Inc. (NYSE:KNSL) – Equities research analysts at Cantor Fitzgerald upped their FY2025 earnings estimates for shares of Kinsale Capital Group in a note issued to investors on Thursday, October 9th. Cantor Fitzgerald analyst R. Tunis now expects that the financial services provider will earn $18.81 per share for the year, up from their previous forecast of $18.74. Cantor Fitzgerald currently has a “Hold” rating on the stock. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $17.72 per share.

Several other analysts have also issued reports on KNSL. BMO Capital Markets upped their target price on shares of Kinsale Capital Group from $429.00 to $474.00 and gave the stock a “market perform” rating in a research note on Tuesday, July 29th. Truist Financial increased their price target on shares of Kinsale Capital Group from $500.00 to $560.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Compass Point increased their price target on shares of Kinsale Capital Group from $432.00 to $490.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Kinsale Capital Group in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on shares of Kinsale Capital Group from $440.00 to $460.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Kinsale Capital Group has a consensus rating of “Hold” and an average price target of $506.89.

Kinsale Capital Group Stock Performance

NYSE KNSL opened at $469.89 on Friday. Kinsale Capital Group has a 1 year low of $405.00 and a 1 year high of $531.79. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market cap of $10.95 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 1.75 and a beta of 1.09. The company has a fifty day moving average price of $445.23 and a 200-day moving average price of $460.86.

Kinsale Capital Group (NYSE:KNSL) last posted its earnings results on Thursday, July 24th. The financial services provider reported $4.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.37. Kinsale Capital Group had a net margin of 25.92% and a return on equity of 25.93%. The firm had revenue of $458.70 million during the quarter, compared to analyst estimates of $436.25 million. During the same quarter in the prior year, the business posted $3.75 EPS. The business’s revenue was up 22.2% compared to the same quarter last year.

Hedge Funds Weigh In On Kinsale Capital Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Trust Point Inc. boosted its position in Kinsale Capital Group by 9.3% during the third quarter. Trust Point Inc. now owns 1,322 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 112 shares during the period. Voya Financial Advisors Inc. lifted its holdings in shares of Kinsale Capital Group by 41.4% in the third quarter. Voya Financial Advisors Inc. now owns 940 shares of the financial services provider’s stock worth $392,000 after buying an additional 275 shares in the last quarter. Marshall Financial Group LLC lifted its holdings in shares of Kinsale Capital Group by 6.3% in the third quarter. Marshall Financial Group LLC now owns 2,115 shares of the financial services provider’s stock worth $899,000 after buying an additional 125 shares in the last quarter. Bennett Selby Investments LP lifted its holdings in shares of Kinsale Capital Group by 21.0% in the third quarter. Bennett Selby Investments LP now owns 4,115 shares of the financial services provider’s stock worth $1,750,000 after buying an additional 714 shares in the last quarter. Finally, Sanders Morris Harris LLC purchased a new stake in shares of Kinsale Capital Group in the third quarter worth about $1,212,000. Institutional investors own 85.36% of the company’s stock.

Kinsale Capital Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 11th. Shareholders of record on Friday, August 29th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Friday, August 29th. Kinsale Capital Group’s dividend payout ratio (DPR) is currently 3.55%.

Kinsale Capital Group Company Profile

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.