Wells Fargo & Company cut shares of Kinsale Capital Group (NYSE:KNSL – Free Report) from an overweight rating to an equal weight rating in a report released on Monday morning, Marketbeat reports. They currently have $357.00 target price on the financial services provider’s stock, down from their prior target price of $420.00.
Several other research analysts also recently commented on KNSL. Weiss Ratings reiterated a “hold (c)” rating on shares of Kinsale Capital Group in a report on Friday, March 27th. Cantor Fitzgerald reduced their price target on Kinsale Capital Group from $360.00 to $280.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. JPMorgan Chase & Co. lowered their price objective on Kinsale Capital Group from $450.00 to $410.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd. Wall Street Zen lowered Kinsale Capital Group from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Truist Financial decreased their target price on shares of Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating on the stock in a research note on Monday. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Kinsale Capital Group presently has an average rating of “Hold” and a consensus target price of $392.00.
Read Our Latest Stock Report on KNSL
Kinsale Capital Group Price Performance
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last issued its earnings results on Thursday, April 23rd. The financial services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.41. The company had revenue of $466.71 million for the quarter, compared to analysts’ expectations of $410.25 million. Kinsale Capital Group had a net margin of 27.48% and a return on equity of 25.82%. The firm’s revenue was down .5% compared to the same quarter last year. During the same quarter last year, the company earned $3.71 EPS. Equities research analysts expect that Kinsale Capital Group will post 20.34 EPS for the current year.
Kinsale Capital Group Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Thursday, February 26th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This is a boost from Kinsale Capital Group’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.3%. Kinsale Capital Group’s payout ratio is 4.40%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Hendershot Investments Inc. lifted its holdings in Kinsale Capital Group by 6.7% in the 1st quarter. Hendershot Investments Inc. now owns 22,983 shares of the financial services provider’s stock worth $7,852,000 after buying an additional 1,450 shares during the period. Canal Capital Management LLC increased its stake in shares of Kinsale Capital Group by 9.8% during the first quarter. Canal Capital Management LLC now owns 12,270 shares of the financial services provider’s stock valued at $4,192,000 after buying an additional 1,096 shares during the period. Leonteq Securities AG raised its holdings in shares of Kinsale Capital Group by 5.3% during the first quarter. Leonteq Securities AG now owns 1,347 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 68 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Kinsale Capital Group during the first quarter valued at approximately $344,000. Finally, KPP Advisory Services LLC purchased a new stake in Kinsale Capital Group in the first quarter worth $234,000. Institutional investors own 85.36% of the company’s stock.
Key Headlines Impacting Kinsale Capital Group
Here are the key news stories impacting Kinsale Capital Group this week:
- Positive Sentiment: Q1 results beat expectations — EPS of $5.11 topped consensus and reflected strong underwriting gains; revenue also beat estimates and EPS rose sharply year-over-year, supporting the company’s core performance. KNSL Q1 Estimates Beat on Strong Underwriting, Revenues Rise Y/Y
- Positive Sentiment: Earnings-call takeaways: management highlighted underwriting strength and profitable premium growth, which helped margins despite some expense pressure; these operational points support medium-term earnings quality. Kinsale Capital Group Inc (KNSL) Q1 2026 Earnings Call Highlights: Strong Earnings Growth Amid …
- Neutral Sentiment: Full earnings-call transcript is available for detail on management’s commentary and forward commentary; useful for investors who want to verify guidance nuances and underwriting commentary. Kinsale Capital Group, Inc. (NYSE:KNSL) Q1 2026 Earnings Call Transcript
- Negative Sentiment: Wells Fargo downgraded KNSL from “overweight” to “equal weight” and cut its price target to $357 (from $420), reducing buy-side conviction and adding near-term selling pressure. Wells Fargo Downgrade / Finviz
- Negative Sentiment: Royal Bank of Canada trimmed its price target to $375 and set a “sector perform,” signaling more cautious sentiment from another large shop. RBC Price Target Cut
- Negative Sentiment: Truist lowered its price target to $405 (from $450) though it kept a “buy” rating — a softer target that still reduces upside expectations and likely contributed to the stock’s pullback. Truist Lowers Price Target
- Negative Sentiment: Market coverage pieces note the downgrades and target cuts as the proximate cause of today’s price decline, with investors selling into the news despite the solid quarter. Why Kinsale Capital Group (KNSL) Stock Is Falling Today
Kinsale Capital Group Company Profile
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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