Kinsale Capital (KNSL)
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Kinsale Capital Group, Inc. (KNSL) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-06-06 23:15
Market participants will be closely following the financial results of Kinsale Capital Group, Inc. in its upcoming release. The company is forecasted to report an EPS of $3.52, showcasing a 22.22% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $377.15 million, showing a 27.51% escalation compared to the year-ago quarter. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Kinsal ...
Here's Why Hold Strategy Is Apt for Kinsale Capital (KNSL)
Zacks Investment Research· 2024-05-13 14:41
Kinsale Capital Group, Inc. (KNSL) has been favored by investors on the back of its focus on the excess and supply (E&S) market, prudent underwriting, growth in the investment portfolio and effective capital deployment.Optimistic Growth ProjectionThe consensus estimate for Kinsale Capital’s 2024 earnings per share indicates a year-over-year increase of 20.5% from the consensus estimate of 2023. The consensus estimate for 2024 revenues is pinned at $1.55 billion, implying a year-over-year improvement of 27.4 ...
Kinsale Capital Group: Right Multiple For Growing Insurer
Seeking Alpha· 2024-05-08 10:02
PM Images There are many insurance companies, but the quest to find ones that keep growing and maintain underwriting profits can be tricky. Thankfully, we find one such company in Kinsale Capital Group (NYSE:KNSL). With an impressive track record, I'll go over what they do, why they do it well, and why the price is right, making it a solid Buy. Financial History Founded in 2009, it's not quite as established as some legacy names, but that hasn't hurt its ability to build a strong book of business. Author's ...
Kinsale Capital (KNSL) Q1 Earnings Top, Premiums Rise Y/Y
Zacks Investment Research· 2024-04-26 18:05
Kinsale Capital Group (KNSL) delivered first-quarter 2024 net operating earnings of $3.50 per share, which outpaced the Zacks Consensus Estimate by 5.1%. The bottom line increased 43.4% year over year.The results benefited from a favorable pricing environment, premium growth, rate increases and improved combined ratio, partially offset by higher expenses.Operational UpdateOperating revenues jumped 45.1% year over year to about $373 million. The growth can primarily be attributed to a rise in premiums, fee i ...
Kinsale Capital (KNSL) - 2024 Q1 - Earnings Call Transcript
2024-04-26 14:44
Kinsale Capital Group, Inc. (NYSE:KNSL) Q1 2024 Results Conference Call April 26, 2024 9:00 AM ET Company Participants Michael Kehoe - Chief Executive Officer and President Bryan Petrucelli - Executive Vice President, Chief Financial Officer and Treasurer Brian Haney - Executive Vice President and Chief Operating Officer Conference Call Participants Mark Hughes - Truist Andrew Andersen - Jefferies Bill Carcache - Wolfe Research Pablo Singzon - JPMorgan Operator Before we get started, let me remind everyone ...
Compared to Estimates, Kinsale Capital Group (KNSL) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-26 01:31
Kinsale Capital Group, Inc. (KNSL) reported $372.79 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 45.1%. EPS of $3.50 for the same period compares to $2.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $358.7 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +5.11%, with the consensus EPS estimate being $3.33.While investors closely watch year-over-year changes in headline numbers -- revenue and ...
Kinsale Capital (KNSL) - 2024 Q1 - Quarterly Report
2024-04-25 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______ to _______ Commission File Number: 001-37848 KINSALE CAPITAL GROUP, INC. (Exact name of registrant as specified in its charter) Delaware 98-0664337 (State or other ...
Kinsale Capital (KNSL) - 2024 Q1 - Quarterly Results
2024-04-25 20:11
Exhibit 99.1 Kinsale Capital Group Reports First Quarter 2024 Results Richmond, VA, April 25, 2024 - Kinsale Capital Group, Inc. (NYSE: KNSL) reported net income of $98.9 million, $4.24 per diluted share, for the first quarter of 2024 compared to $55.8 million, $2.40 per diluted share, for the first quarter of 2023. Net operating earnings were $81.6 million, $3.50 per diluted share, for the first quarter of 2024 compared to $56.8 million, $2.44 per diluted share, for the first quarter of 2023. (1) Highlight ...
Is Kinsale Capital Group (KNSL) Stock Outpacing Its Finance Peers This Year?
Zacks Investment Research· 2024-04-24 14:46
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Kinsale Capital Group, Inc. (KNSL) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Kinsale Capital Group, Inc. is a member of the Finance sector. This group includes 859 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the ...
Insights Into Kinsale Capital Group (KNSL) Q1: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-22 14:22
Analysts on Wall Street project that Kinsale Capital Group, Inc. (KNSL) will announce quarterly earnings of $3.33 per share in its forthcoming report, representing an increase of 36.5% year over year. Revenues are projected to reach $358.7 million, increasing 39.6% from the same quarter last year.The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their i ...