Kingstone Companies (NASDAQ:KINS) issued an update on its second quarter 2020
After-Hours earnings guidance on Monday morning. The company provided EPS guidance of 0.22-0.22 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.14.

NASDAQ KINS traded up $0.06 during trading hours on Monday, hitting $4.41. The company had a trading volume of 43,246 shares, compared to its average volume of 31,294. The firm has a market capitalization of $46.48 million, a price-to-earnings ratio of -11.61 and a beta of 0.70. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.55 and a current ratio of 0.55. The firm has a 50 day simple moving average of $4.53 and a 200 day simple moving average of $6.05. Kingstone Companies has a 52 week low of $3.87 and a 52 week high of $9.49.

Kingstone Companies (NASDAQ:KINS) last issued its quarterly earnings data on Thursday, May 7th. The insurance provider reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.07). Kingstone Companies had a negative return on equity of 1.18% and a negative net margin of 2.97%. The business had revenue of $26.62 million during the quarter, compared to the consensus estimate of $34.87 million. On average, research analysts forecast that Kingstone Companies will post 0.18 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 3.63%. The ex-dividend date was Thursday, May 28th. Kingstone Companies’s dividend payout ratio (DPR) is -17.98%.

KINS has been the subject of a number of analyst reports. TheStreet cut Kingstone Companies from a c- rating to a d+ rating in a research report on Friday, May 8th. Zacks Investment Research cut Kingstone Companies from a hold rating to a sell rating in a research report on Tuesday, June 23rd. Piper Sandler reduced their price target on Kingstone Companies from $8.50 to $7.00 and set an overweight rating for the company in a research report on Monday, April 6th. Finally, ValuEngine cut Kingstone Companies from a strong-buy rating to a buy rating in a research report on Friday, March 20th.

Kingstone Companies Company Profile

Kingstone Companies, Inc, through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to small businesses and individuals in New York. The company offers personal lines insurance products, including homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies.

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Earnings History and Estimates for Kingstone Companies (NASDAQ:KINS)

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