Kingstone Companies, Inc. (KINS)

NASDAQ: KINS · IEX Real-Time Price · USD
4.660
+0.010 (0.22%)
May 17, 2024, 4:30 PM EDT - Market closed
0.22%
Market Cap 51.74M
Revenue (ttm) 143.33M
Net Income (ttm) 313,043
Shares Out 11.01M
EPS (ttm) 0.02
PE Ratio 233.00
Forward PE 40.00
Dividend n/a
Ex-Dividend Date n/a
Volume 33,661
Open 4.620
Previous Close 4.650
Day's Range 4.590 - 4.720
52-Week Range 1.045 - 4.819
Beta 0.62
Analysts Sell
Price Target 1.75 (-62.45%)
Earnings Date May 13, 2024

About KINS

Kingstone Companies, Inc., through its subsidiary, provides property and casualty insurance products to individuals in the United States. It offers personal line of insurance products, such as homeowners and dwelling fire, cooperative/condominiums, renters, and personal umbrella policies. The company also provides for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs; and canine legal liability policies. In addition, it offers reinsurance products. The company underwrites its products through retail and... [Read more]

Sector Financials
Founded 1886
Employees 84
Stock Exchange NASDAQ
Ticker Symbol KINS
Full Company Profile

Financial Performance

In 2023, KINS's revenue was $144.19 million, an increase of 10.78% compared to the previous year's $130.16 million. Losses were -$6.17 million, -72.62% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for KINS stock is "Sell" and the 12-month stock price forecast is $1.75.

Price Target
$1.75
(-62.45% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Kingstone Reports Second Consecutive Quarter of Net Income; Highest First Quarter Profitability in Seven Years

Achieves Double-Digit Core Business Premium Growth; Raises 2024 Guidance KINGSTON, NY / ACCESSWIRE / May 13, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast ...

5 days ago - Accesswire

Kingstone Announces Certain Preliminary First Quarter 2024 Results and Schedules Conference Call

Continuation of Profitable Performance and Material Reduction in Non-Core Policies-In-Force KINGSTON, NY / ACCESSWIRE / April 29, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "King...

19 days ago - Accesswire

Kingstone Announces Contract Extension for Chief Executive Officer Meryl Golden

KINGSTON, NY / ACCESSWIRE / April 17, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announc...

4 weeks ago - Accesswire

Kingstone Announces Addition of Manmohan Singh to its Board of Directors

KINGSTON, NY / ACCESSWIRE / April 10, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announc...

5 weeks ago - Accesswire

Kingstone Announces Fourth Quarter and Full Year 2023 Financial Results

Returns to Profitability and Achieves Combined Ratio of 89.5% in 4Q23; Issues Initial Guidance for FY2024 KINGSTON, NY / ACCESSWIRE / March 27, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Com...

7 weeks ago - Accesswire

Kingstone Insurance Company Announces Innovative Partnership Zojacks to Mitigate Water Damage Risks

KINGSTON, NY / ACCESSWIRE / March 25, 2024 / Kingstone Insurance Company, a subsidiary of Kingstone Companies, Inc. (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company,...

7 weeks ago - Accesswire

Kingstone Insurance Company Announces Innovative Partnership with Zojacks to Mitigate Water Damage Risks

KINGSTON, NY , March 25, 2024 /PRNewswire/ - Kingstone Insurance Company , a subsidiary of Kingstone Companies, Inc. (Nasdaq: KINS), a Northeast regional property and casualty insurance holding compan...

7 weeks ago - PRNewsWire

Kingstone Announces Certain Preliminary Fourth Quarter 2023 Results and Schedules Conference Call

The Company Expects to Report Return to Profitability in the Fourth Quarter of 2023 with Continued Material Reduction in Non-Core Policies-In-Force and No Fourth Quarter Prior-Year Loss Reserve Develo...

2 months ago - Accesswire

Kingstone Announces Estimated Fourth Quarter 2023 Catastrophe Losses

KINGSTON, NY / ACCESSWIRE / February 7, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today annou...

3 months ago - Accesswire

Kingstone CEO Letter to Shareholders

KINGSTON, NY / ACCESSWIRE / January 10, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today issue...

4 months ago - Accesswire

Kingstone Completes Quota Share Placement

27% of personal lines written premium ceded (down from 30% in 2023) Higher ceding commission rate will be received than in 2023 KINGSTON, NY / ACCESSWIRE / January 3, 2024 / Kingstone Companies, Inc. ...

4 months ago - Accesswire

Kingstone Announces 2023 Third Quarter Financial Results

KINGSTON, NY / ACCESSWIRE / November 9, 2023 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today annou...

6 months ago - Accesswire

Kingstone Announces Estimated Third Quarter 2023 Catastrophe

KINGSTON, NY / ACCESSWIRE / November 1, 2023 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today annou...

7 months ago - Accesswire

Kingstone Schedules 2023 Third Quarter Financial Results Conference Call

KINGSTON, NY / ACCESSWIRE / October 18, 2023 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced t...

7 months ago - Accesswire

Kingstone Announces 2023 Second Quarter Financial Results

KINGSTON, NY / ACCESSWIRE / August 10, 2023 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announ...

10 months ago - Accesswire

Kingstone Companies Announces Meryl Golden to Succeed Barry Goldstein as President and Chief Executive Officer

Goldstein to Continue as Chairman KINGSTON, NY / ACCESSWIRE / August 9, 2023 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insura...

10 months ago - Accesswire

Kingstone Stockholders Approve Company Proposals at Annual Meeting

KINGSTON, NY / ACCESSWIRE / August 9, 2023 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company"), a Northeast regional property and casualty insurance holding company, today announced the results ...

10 months ago - Accesswire

Kingstone Announces Estimated Second Quarter 2023 Catastrophe Losses

KINGSTON, NY / ACCESSWIRE / July 27, 2023 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announce...

10 months ago - Accesswire

Kingstone Schedules 2023 Second Quarter Financial Results Conference Call

KINGSTON, NY / ACCESSWIRE / July 13, 2023 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced toda...

11 months ago - Accesswire

Kingstone Completes Reinsurance Placement

$325 million of total catastrophe limit purchased $10 million retention maintained KINGSTON, NY / ACCESSWIRE / July 6, 2023 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a ...

11 months ago - Accesswire

Kingstone Announces 2023 First Quarter Results

KINGSTON, N.Y.--(BUSINESS WIRE)--Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, today announced its fina...

1 year ago - Business Wire

Kingstone Announces Estimated First Quarter 2023 Catastrophe Losses

KINGSTON, N.Y.--(BUSINESS WIRE)--Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, today announced that Kin...

1 year ago - Business Wire

Kingstone Schedules 2023 First Quarter Financial Results Conference Call

KINGSTON, N.Y.--(BUSINESS WIRE)--Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, announced today that it ...

1 year ago - Business Wire

Kingstone Announces 2022 Fourth Quarter and Full Year Financial Results

KINGSTON, N.Y.--(BUSINESS WIRE)--Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, today announced its fina...

1 year ago - Business Wire

Kingstone Announces Corporate Governance Changes

KINGSTON, N.Y.--(BUSINESS WIRE)--Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced certain c...

1 year ago - Business Wire