Kinsale Capital Group (NYSE:KNSL – Get Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.
KNSL has been the topic of several other reports. Cantor Fitzgerald dropped their price objective on Kinsale Capital Group from $360.00 to $280.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Truist Financial dropped their price objective on Kinsale Capital Group from $510.00 to $450.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. BMO Capital Markets cut Kinsale Capital Group from a “market perform” rating to an “underperform” rating and set a $348.00 price objective on the stock. in a research note on Wednesday, February 25th. Wells Fargo & Company lowered their target price on Kinsale Capital Group from $447.00 to $420.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $350.00 target price (down from $450.00) on shares of Kinsale Capital Group in a research note on Monday, April 6th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Kinsale Capital Group presently has an average rating of “Hold” and a consensus target price of $405.45.
View Our Latest Stock Analysis on KNSL
Kinsale Capital Group Price Performance
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $5.11 earnings per share for the quarter, beating the consensus estimate of $4.70 by $0.41. Kinsale Capital Group had a return on equity of 26.23% and a net margin of 27.48%.The business had revenue of $466.71 million for the quarter, compared to analysts’ expectations of $410.25 million. During the same period last year, the business earned $3.71 EPS. The business’s revenue was down .5% on a year-over-year basis. As a group, analysts forecast that Kinsale Capital Group will post 20.3 EPS for the current fiscal year.
Institutional Investors Weigh In On Kinsale Capital Group
A number of hedge funds have recently made changes to their positions in KNSL. AQR Capital Management LLC raised its stake in shares of Kinsale Capital Group by 76.2% during the 1st quarter. AQR Capital Management LLC now owns 835 shares of the financial services provider’s stock worth $397,000 after purchasing an additional 361 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Kinsale Capital Group by 72.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 102 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 43 shares during the period. Brown Advisory Inc. increased its holdings in Kinsale Capital Group by 7.9% in the 2nd quarter. Brown Advisory Inc. now owns 1,117 shares of the financial services provider’s stock worth $541,000 after acquiring an additional 82 shares during the last quarter. Jump Financial LLC increased its holdings in Kinsale Capital Group by 136.9% in the 2nd quarter. Jump Financial LLC now owns 1,097 shares of the financial services provider’s stock worth $531,000 after acquiring an additional 634 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in Kinsale Capital Group by 45.3% in the 2nd quarter. Cerity Partners LLC now owns 5,021 shares of the financial services provider’s stock worth $2,430,000 after acquiring an additional 1,566 shares during the last quarter. 85.36% of the stock is currently owned by institutional investors.
Kinsale Capital Group News Summary
Here are the key news stories impacting Kinsale Capital Group this week:
- Positive Sentiment: Q1 earnings beat and strong profitability — Kinsale reported $5.11 EPS versus ~ $4.70 consensus and delivered high net margins and ROE, highlighting near‑term earnings strength. BusinessWire Release
- Positive Sentiment: Management emphasized margin resilience and underwriting discipline on the call/transcripts, which supports earnings quality even as premium growth softens. Fool Transcript Seeking Alpha Transcript
- Neutral Sentiment: Revenue figures are mixed in the headlines — company‑reported revenue (~$466.7M) exceeded one consensus figure but was essentially flat YoY (down ~0.5%), undercutting the narrative of steady top‑line growth. Kinsale Press Release Yahoo Coverage (revenue headline)
- Negative Sentiment: Analysts and sector commentary flagged cooling growth in the E&S market and competitive pressure that could weigh on underwriting volumes and future revenue expansion. That increases execution risk despite current margin strength. MSN Deep Dive Seeking Alpha
- Negative Sentiment: At least one analyst lowered Q2 EPS estimates after the release, signaling some sell‑side caution on near‑term growth outlook. Analyst Estimate Cut
- Neutral Sentiment: Industry writeups note Kinsale’s ability to protect margins, but emphasize that a broader E&S “chill” could cap premium growth; investors are balancing solid current profitability against slower revenue momentum. Investing.com Spotlight
About Kinsale Capital Group
Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.
The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.
Further Reading
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