Jefferies Financial Group lowered shares of Kinsale Capital Group (NYSE:KNSL – Free Report) from a hold rating to an underperform rating in a research report released on Thursday, MarketBeat Ratings reports. They currently have $312.00 price target on the financial services provider’s stock, down from their previous price target of $392.00.
Other equities research analysts also recently issued research reports about the company. BMO Capital Markets downgraded Kinsale Capital Group from a “market perform” rating to an “underperform” rating and set a $348.00 price target for the company. in a research report on Wednesday, February 25th. Cantor Fitzgerald dropped their price target on shares of Kinsale Capital Group from $422.00 to $360.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 17th. Royal Bank Of Canada began coverage on Kinsale Capital Group in a report on Tuesday, November 25th. They set a “sector perform” rating and a $415.00 price objective on the stock. Morgan Stanley restated an “overweight” rating on shares of Kinsale Capital Group in a research note on Tuesday, December 16th. Finally, Truist Financial reduced 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. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $430.91.
Check Out Our Latest Stock Analysis on KNSL
Kinsale Capital Group Stock Performance
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last released its earnings results on Thursday, February 12th. The financial services provider reported $5.81 EPS for the quarter, beating analysts’ consensus estimates of $5.30 by $0.51. The company had revenue of $483.27 million during the quarter, compared to the consensus estimate of $467.66 million. Kinsale Capital Group had a return on equity of 25.45% and a net margin of 26.87%.During the same quarter last year, the company earned $4.62 earnings per share. On average, sell-side analysts expect that Kinsale Capital Group will post 17.72 EPS for the current year.
Kinsale Capital Group declared that its board has authorized a stock repurchase program on Thursday, December 11th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the financial services provider to repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.
Kinsale Capital Group Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, February 26th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.3%. This is an increase from Kinsale Capital Group’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Thursday, February 26th. Kinsale Capital Group’s payout ratio is 4.61%.
Institutional Trading of Kinsale Capital Group
Hedge funds have recently made changes to their positions in the stock. Life Cycle Investment Partners Ltd bought a new position in Kinsale Capital Group during the fourth quarter valued at approximately $229,653,000. Capital World Investors raised its holdings in Kinsale Capital Group by 117.4% during the fourth quarter. Capital World Investors now owns 987,844 shares of the financial services provider’s stock valued at $386,366,000 after buying an additional 533,499 shares in the last quarter. Norges Bank acquired a new stake in shares of Kinsale Capital Group in the fourth quarter worth about $107,916,000. First Manhattan CO. LLC. lifted its holdings in Kinsale Capital Group by 19.6% in the 4th quarter. First Manhattan CO. LLC. now owns 614,647 shares of the financial services provider’s stock worth $240,401,000 after purchasing an additional 100,600 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in shares of Kinsale Capital Group by 2,621.6% during the 4th quarter. M&T Bank Corp now owns 91,118 shares of the financial services provider’s stock worth $35,638,000 after buying an additional 87,770 shares during the period. 85.36% of the stock is owned by hedge funds and other institutional investors.
More Kinsale Capital Group News
Here are the key news stories impacting Kinsale Capital Group this week:
- Neutral Sentiment: Analysts’ consensus remains centered around a “Hold” recommendation, reflecting mixed views across the sell-side rather than broad bullish conviction. Kinsale Receives Average Hold
- Negative Sentiment: Jefferies downgraded KNSL from “Hold” to “Underperform” and cut its price target to $312 from $392 — a material cut that signals near-term downside risk and likely pressured sentiment. Jefferies Downgrade Finviz Quote
- Negative Sentiment: Zacks Research cut multiple near-term and medium-term EPS forecasts for Kinsale — trimming quarterly estimates (several Q1–Q4 quarters across 2026–2027) and lowering FY2026–FY2028 projections (e.g., FY2026 from $20.41 to $20.23, FY2027 to $22.17). These downward revisions reduce forward earnings visibility and may weigh on valuation expectations. Zacks Estimate Cuts
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.
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