Kingstone Companies (NASDAQ:KINS) Stock Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Kingstone Companies, Inc (NASDAQ:KINS) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.37 and traded as low as $14.44. Kingstone Companies shares last traded at $14.54, with a volume of 66,032 shares.

Analyst Ratings Changes

A number of research analysts have issued reports on KINS shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Kingstone Companies in a report on Monday, December 29th. Zacks Research raised Kingstone Companies to a “hold” rating in a report on Friday, February 6th. Finally, Wall Street Zen downgraded Kingstone Companies from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Kingstone Companies presently has a consensus rating of “Moderate Buy”.

Kingstone Companies Trading Down 0.2%

The company has a market cap of $210.54 million, a price-to-earnings ratio of 5.16 and a beta of 0.44. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.37 and a quick ratio of 0.37. The business’s 50-day simple moving average is $15.53 and its 200-day simple moving average is $15.37.

Kingstone Companies (NASDAQ:KINS) last released its quarterly earnings results on Thursday, March 5th. The insurance provider reported $1.08 EPS for the quarter, beating the consensus estimate of $1.05 by $0.03. Kingstone Companies had a net margin of 18.97% and a return on equity of 38.21%. The business had revenue of $56.42 million for the quarter, compared to analyst estimates of $83.00 million. Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. Research analysts predict that Kingstone Companies, Inc will post 1.4 earnings per share for the current fiscal year.

Kingstone Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Wednesday, February 11th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, February 11th. Kingstone Companies’s dividend payout ratio is 7.09%.

Hedge Funds Weigh In On Kingstone Companies

A number of institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its stake in shares of Kingstone Companies by 80.1% during the third quarter. BNP Paribas Financial Markets now owns 2,287 shares of the insurance provider’s stock valued at $34,000 after acquiring an additional 1,017 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in Kingstone Companies in the 4th quarter valued at about $45,000. Kestra Advisory Services LLC acquired a new position in Kingstone Companies in the 4th quarter valued at about $51,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Kingstone Companies in the 2nd quarter valued at about $93,000. Finally, MetLife Investment Management LLC lifted its holdings in Kingstone Companies by 99.6% in the 4th quarter. MetLife Investment Management LLC now owns 6,528 shares of the insurance provider’s stock valued at $110,000 after purchasing an additional 3,257 shares in the last quarter. 14.91% of the stock is owned by institutional investors and hedge funds.

Kingstone Companies Company Profile

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.