News headlines about Kingstone Companies (NASDAQ:KINS) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Kingstone Companies earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the insurance provider an impact score of 47.3675117368613 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Kingstone Companies (KINS) traded up $0.10 during mid-day trading on Friday, reaching $20.95. The company’s stock had a trading volume of 39,157 shares, compared to its average volume of 39,743. Kingstone Companies has a 12 month low of $11.80 and a 12 month high of $21.10. The firm has a market cap of $221.56, a price-to-earnings ratio of 20.54 and a beta of 0.77.
Kingstone Companies (NASDAQ:KINS) last issued its earnings results on Thursday, November 9th. The insurance provider reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.06. Kingstone Companies had a return on equity of 12.28% and a net margin of 11.59%. The company had revenue of $21.50 million for the quarter, compared to analyst estimates of $22.15 million. During the same period in the prior year, the firm posted $0.41 EPS. The business’s revenue was up 37.4% compared to the same quarter last year. sell-side analysts forecast that Kingstone Companies will post 1.05 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Thursday, November 30th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Wednesday, November 29th. Kingstone Companies’s payout ratio is currently 31.37%.
Several brokerages have weighed in on KINS. ValuEngine raised Kingstone Companies from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research raised Kingstone Companies from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a research report on Tuesday, November 14th.
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Kingstone Companies Company Profile
Kingstone Companies, Inc offers property and casualty insurance products to small businesses and individuals in New York State. The Company offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. The Company operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers.
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