15-year-old P&C insurance company. Non-standardized specialty insurance, focused on being a low-cost provider. Market share 1.8%. Stock got ahead of itself, most recent dip was a chance to buy. Revenue and earnings growing 18%, trades around 20x PE. Decent growth rate for that valuation. Yield is 0.2%.
(Analysts’ price target is $418.38)It is a property and casualty insurance company which focuses just on access and surplus segments which are non-standardized insurance. It has higher risk customers and unique situations and can price at whatever the market can bear. It is focusing on a low cost model which could double three times to go from 1.8% market share to 14% like others have done. It is very efficient and mitigates risk by doing lots of small and medium businesses. It is growing its expected revenue by 18% this year and next. Buy 2 Hold 7 Sell 0
Kinsale capital group is a American stock, trading under the symbol KNSL-N on the New York Stock Exchange (KNSL). It is usually referred to as NYSE:KNSL or KNSL-N
In the last year, 1 stock analyst published opinions about KNSL-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Kinsale capital group.
Kinsale capital group was recommended as a Top Pick by on . Read the latest stock experts ratings for Kinsale capital group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Kinsale capital group In the last year. It is a trending stock that is worth watching.
On 2024-10-31, Kinsale capital group (KNSL-N) stock closed at a price of $428.11.
KNSL is (still) up 32% YTD and profit-taking was one factor. Some investors also 'sell on news'. EPS was 16% ahead of estimates and revenue was 4% better. Premiums rose 18% and it authorized a $100M share buyback. Wolfe Research raised its rating on the stock. Revenue rose 33%. We would consider the results quite solid overall.
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