Q3 EPS Estimate for Kinsale Capital Group Lifted by Analyst

Kinsale Capital Group, Inc. (NYSE:KNSL) – Equities research analysts at Zacks Research increased their Q3 2027 EPS estimates for Kinsale Capital Group in a report released on Thursday, November 5th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $5.14 per share for the quarter, up from their prior forecast of $5.03. The consensus estimate for Kinsale Capital Group’s current full-year earnings is $21.98 per share. Zacks Research also issued estimates for Kinsale Capital Group’s FY2027 earnings at $21.39 EPS and FY2028 earnings at $23.15 EPS.

Kinsale Capital Group (NYSE:KNSL) last released its earnings results on Thursday, October 22nd. The financial services provider reported $5.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.11 by $0.59. The firm had revenue of $454.80 million during the quarter, compared to analyst estimates of $401.43 million. Kinsale Capital Group had a net margin of 26.89% and a return on equity of 25.73%. During the same quarter last year, the business earned $5.21 EPS.

Several other research analysts have also issued reports on KNSL. Wells Fargo & Company dropped their target price on Kinsale Capital Group from $377.00 to $348.00 and set an “equal weight” rating for the company in a research report on Monday, October 12th. BMO Capital Markets reiterated an “underperform” rating on shares of Kinsale Capital Group in a report on Thursday, October 29th. Cantor Fitzgerald raised their price target on Kinsale Capital Group from $264.00 to $285.00 and gave the stock a “neutral” rating in a research note on Monday, October 26th. JPMorgan Chase & Co. dropped their price objective on Kinsale Capital Group from $390.00 to $375.00 and set a “neutral” rating for the company in a report on Friday, October 9th. Finally, Weiss Ratings raised Kinsale Capital Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $352.88.

Kinsale Capital Group Stock Performance

Kinsale Capital Group stock opened at $386.49 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.07 and a quick ratio of 0.07. Kinsale Capital Group has a 1-year low of $287.20 and a 1-year high of $421.90. The firm has a market capitalization of $8.70 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 1.20 and a beta of 0.81. The company’s 50-day moving average is $358.70 and its 200 day moving average is $351.91.

Hedge Funds Weigh In On Kinsale Capital Group

Hedge funds have recently added to or reduced their stakes in the stock. Bamco Inc. NY bought a new stake in shares of Kinsale Capital Group during the second quarter valued at approximately $878,600,000. BlackRock Inc. purchased a new stake in shares of Kinsale Capital Group in the second quarter valued at approximately $671,457,000. Turtle Creek Asset Management Inc. boosted its holdings in shares of Kinsale Capital Group by 47.6% in the first quarter. Turtle Creek Asset Management Inc. now owns 411,246 shares of the financial services provider’s stock valued at $140,506,000 after purchasing an additional 132,576 shares during the period. Dimensional Fund Advisors LP grew its stake in Kinsale Capital Group by 5.0% in the first quarter. Dimensional Fund Advisors LP now owns 299,832 shares of the financial services provider’s stock worth $102,435,000 after purchasing an additional 14,178 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Kinsale Capital Group by 89.0% in the first quarter. Bank of America Corp DE now owns 285,535 shares of the financial services provider’s stock worth $97,556,000 after purchasing an additional 134,468 shares in the last quarter. 85.36% of the stock is currently owned by institutional investors.

Kinsale Capital Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Friday, August 28th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Friday, August 28th. Kinsale Capital Group’s payout ratio is 4.36%.

Kinsale Capital Group Company Profile

Kinsale Capital Group, Inc is a specialty insurance company focused on the excess and surplus lines market. Through its insurance subsidiaries, the company provides coverage for commercial risks that may be difficult to place in the standard insurance market.

Its products include commercial property and casualty insurance, along with specialty coverages such as professional liability, excess liability, inland marine, and environmental insurance. Kinsale serves businesses and insurance brokers across the United States.

Founded in 2009 and headquartered in Richmond, Virginia, Kinsale was established by Michael P.