Why Kinsale Capital Group, Inc. (KNSL) Dipped More Than Broader Market Today

Company Performance - Kinsale Capital Group, Inc. (KNSL) closed at $450.86, reflecting a -1.28% change from the previous session, underperforming the S&P 500's loss of 1.07% [1] - The company's shares gained 1.64% over the previous month, outperforming the Finance sector's loss of 3.42% and the S&P 500's loss of 7.03% [1] Upcoming Earnings - Kinsale Capital Group is expected to report an EPS of$ 3.17, indicating a 9.43% decline year-over-year, while revenue is projected to be $424.62 million, showing a 13.9% increase compared to the same quarter last year [2] - For the annual period, earnings are anticipated to be$ 17.34 per share and revenue is expected to reach $1.8 billion, representing increases of +7.97% and +13.28% respectively from the previous year [3] Analyst Projections - Recent shifts in analyst projections for Kinsale Capital Group should be monitored, as positive estimate revisions can indicate optimism about the company's business outlook [4] - The Zacks Rank system, which reflects estimate changes, currently ranks Kinsale Capital Group as 3 (Hold), with the consensus EPS estimate moving 2.94% lower over the past month [6] Valuation Metrics - Kinsale Capital Group has a Forward P/E ratio of 26.34, which is a premium compared to the industry average Forward P/E of 11.85 [7] - The company also has a PEG ratio of 1.76, aligning with the average PEG ratio of the Insurance - Property and Casualty industry [8] Industry Context - The Insurance - Property and Casualty industry is part of the Finance sector and currently holds a Zacks Industry Rank of 38, placing it in the top 16% of over 250 industries [9]