Kingstone Companies (NASDAQ:KINS) Stock Price Breaks Above 50 Day Moving Average – Should You Sell?

Kingstone Companies, Inc (NASDAQ:KINS) shares passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $19.24 and traded as high as $21.00. Kingstone Companies shares last traded at $20.46, with a volume of 258,266 shares trading hands.

Kingstone Companies News Summary

Here are the key news stories impacting Kingstone Companies this week:

• Positive Sentiment: Kingstone reported third-quarter EPS of $1.22, above estimates of $0.87–$0.92 and up from $0.73 a year earlier. The company also characterized net income as a record, reinforcing the strength of the earnings result. Zacks Q3 earnings report
• Positive Sentiment: The insurer set 2026 EPS guidance at $2.70–$2.90, modestly above the $2.69 consensus estimate, pointing to a slightly stronger outlook than analysts had expected. Q3 earnings call highlights
• Negative Sentiment: Quarterly revenue was $67.54 million, below analysts’ $89.10 million expectation. The top-line miss may temper the positive reaction to the earnings beat. Quarterly earnings report

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Weiss Ratings raised shares of Kingstone Companies from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, October 23rd. Wall Street Zen raised shares of Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Kingstone Companies Stock Up 7.9%

The company has a debt-to-equity ratio of 0.03, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a market capitalization of $296.26 million, a P/E ratio of 7.13 and a beta of 0.49. The firm has a 50 day moving average of $19.24 and a 200-day moving average of $17.54.

Kingstone Companies (NASDAQ:KINS) last posted its quarterly earnings results on Thursday, November 5th. The insurance provider reported $1.22 EPS for the quarter, beating the consensus estimate of $0.92 by $0.30. Kingstone Companies had a return on equity of 35.83% and a net margin of 16.83%. The firm had revenue of $67.54 million during the quarter, compared to analysts’ expectations of $89.10 million. On average, equities research analysts expect that Kingstone Companies, Inc will post 2.65 earnings per share for the current fiscal year.

Kingstone Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Wednesday, November 11th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, November 10th. Kingstone Companies’s dividend payout ratio is presently 9.92%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. R Squared Ltd acquired a new position in shares of Kingstone Companies in the 3rd quarter valued at $328,000. Inspire Investing LLC acquired a new stake in shares of Kingstone Companies during the 3rd quarter valued at about $2,192,000. Toth Financial Advisory Corp acquired a new stake in shares of Kingstone Companies during the 2nd quarter valued at about $38,000. Empowered Funds LLC acquired a new stake in shares of Kingstone Companies during the 2nd quarter valued at about $1,074,000. Finally, Corient Private Wealth LP bought a new stake in Kingstone Companies in the second quarter valued at about $476,000. 14.91% of the stock is owned by institutional investors.

About Kingstone Companies

Kingstone Companies, Inc is an insurance holding company that operates primarily through its subsidiary, Kingstone Insurance Company. The company focuses on property and casualty insurance for individuals and families, with an emphasis on personal lines coverage.

Its products have included homeowners, condominium, cooperative, renters, dwelling fire and personal umbrella insurance. These policies are designed to protect residential properties and personal assets against risks such as property damage, liability claims and other covered losses.

Kingstone serves customers through independent insurance agents and has historically concentrated its business in the Northeastern United States, particularly New York and other selected states in the region.