Media headlines about Kinsale Capital Group (NASDAQ:KNSL) have been trending positive on Sunday, according to Accern. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kinsale Capital Group earned a daily sentiment score of 0.50 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.8620818891079 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
KNSL stock traded down $0.91 during trading on Friday, reaching $50.40. The company’s stock had a trading volume of 177,960 shares, compared to its average volume of 79,372. Kinsale Capital Group has a 1 year low of $31.03 and a 1 year high of $55.10. The firm has a market capitalization of $1,060.77, a PE ratio of 40.32 and a beta of 0.13.
Kinsale Capital Group (NASDAQ:KNSL) last released its quarterly earnings data on Monday, February 26th. The financial services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.03). Kinsale Capital Group had a net margin of 13.33% and a return on equity of 11.76%. The company had revenue of $50.74 million for the quarter, compared to the consensus estimate of $49.23 million. equities analysts anticipate that Kinsale Capital Group will post 2.02 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Wednesday, February 28th were issued a $0.07 dividend. This is an increase from Kinsale Capital Group’s previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, February 27th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.56%. Kinsale Capital Group’s dividend payout ratio (DPR) is presently 22.40%.
KNSL has been the topic of several research analyst reports. Zacks Investment Research raised Kinsale Capital Group from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Friday, March 23rd. BidaskClub upgraded Kinsale Capital Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, William Blair restated a “hold” rating on shares of Kinsale Capital Group in a research note on Friday, February 2nd. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $49.67.
In related news, SVP William J. Jr. Kenney sold 13,750 shares of the stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $51.79, for a total value of $712,112.50. Following the completion of the transaction, the senior vice president now owns 18,286 shares of the company’s stock, valued at approximately $947,031.94. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 11.20% of the stock is currently owned by company insiders.
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Kinsale Capital Group Company Profile
Kinsale Capital Group, Inc provides as a casualty and property insurance products in the United States. Its commercial lines offerings include construction, small business, energy, excess casualty, general casualty, product liability, professional liability, life sciences, allied health, health care, commercial property, management liability, environmental, public entity, inland marine, and commercial insurance, as well as homeowners insurance.
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