Shares of Kinsale Capital Group, Inc. (NYSE:KNSL – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $390.64, but opened at $372.00. Kinsale Capital Group shares last traded at $370.1230, with a volume of 170,124 shares.
Trending Headlines about Kinsale Capital Group
Here are the key news stories impacting Kinsale Capital Group this week:
- Positive Sentiment: Kinsale reported third-quarter EPS of $5.70, above the $5.11 analyst consensus and up from $5.21 a year earlier. Revenue reached $454.8 million, exceeding the $401.43 million estimate, while net margin was 28.49% and return on equity was 25.54%. Kinsale Capital Group Reports Third Quarter 2026 Results
- Positive Sentiment: Total assets increased to $6.43 billion in the third quarter, indicating continued balance-sheet expansion and providing a constructive backdrop for the specialty insurer’s long-term growth. Kinsale Capital Reports $6.43 Billion in Total Assets for Q3 2026
Wall Street Analyst Weigh In
Several analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their price target on shares of Kinsale Capital Group from $390.00 to $375.00 and set a “neutral” rating for the company in a research note on Friday, October 9th. Cantor Fitzgerald upped their price objective on shares of Kinsale Capital Group from $259.00 to $264.00 and gave the company a “neutral” rating in a research note on Wednesday, October 7th. Morgan Stanley reduced their target price on Kinsale Capital Group from $390.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 6th. Weiss Ratings upgraded shares of Kinsale Capital Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, October 6th. Finally, Citigroup reissued a “market perform” rating on shares of Kinsale Capital Group in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $357.67.
Check Out Our Latest Research Report on Kinsale Capital Group
Kinsale Capital Group Price Performance
The firm has a 50-day moving average of $360.05 and a 200-day moving average of $342.13. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.09 and a current ratio of 0.09. The firm has a market capitalization of $8.28 billion, a P/E ratio of 14.72, a PEG ratio of 1.19 and a beta of 0.88.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $5.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.59. Kinsale Capital Group had a return on equity of 25.54% and a net margin of 28.49%. The firm had revenue of $454.80 million for the quarter, compared to the consensus estimate of $401.43 million. During the same period in the prior year, the company posted $5.21 earnings per share. As a group, analysts predict that Kinsale Capital Group, Inc. will post 21.17 EPS for the current year.
Kinsale Capital Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Friday, August 28th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.3%. Kinsale Capital Group’s payout ratio is presently 4.05%.
Institutional Investors Weigh In On Kinsale Capital Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in KNSL. Bamco Inc. NY bought a new stake in Kinsale Capital Group during the second quarter valued at about $878,600,000. BlackRock Inc. bought a new position in Kinsale Capital Group during the second quarter valued at approximately $671,457,000. Turtle Creek Asset Management Inc. grew 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 in the last quarter. Dimensional Fund Advisors LP raised its stake in Kinsale Capital Group by 5.0% during the first quarter. Dimensional Fund Advisors LP now owns 299,832 shares of the financial services provider’s stock valued at $102,435,000 after purchasing an additional 14,178 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of Kinsale Capital Group by 89.0% in the 1st quarter. Bank of America Corp DE now owns 285,535 shares of the financial services provider’s stock worth $97,556,000 after buying an additional 134,468 shares in the last quarter. 85.36% of the stock is owned by hedge funds and other institutional investors.
About Kinsale Capital Group
Kinsale Capital Group, Inc is a specialty insurance company headquartered in Richmond, Virginia. Through its insurance subsidiaries, the company focuses primarily on the excess and surplus lines market, providing coverage for risks that may be difficult to insure through standard commercial insurance channels.
Kinsale offers a range of commercial property and casualty products, including coverage for commercial property, general liability, professional liability, inland marine, commercial auto, workers’ compensation and other specialty risks.
Further Reading
- Five stocks we like better than Kinsale Capital Group
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.
