Media headlines about Kingstone Companies (NASDAQ:KINS) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kingstone Companies earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 45.376418799656 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Kingstone Companies (NASDAQ KINS) opened at 15.00 on Friday. The firm has a market cap of $159.45 million, a P/E ratio of 14.35 and a beta of 0.68. Kingstone Companies has a one year low of $8.83 and a one year high of $16.50. The firm’s 50-day moving average price is $15.69 and its 200 day moving average price is $15.00.
Kingstone Companies (NASDAQ:KINS) last announced its quarterly earnings data on Thursday, August 10th. The insurance provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by $0.10. Kingstone Companies had a return on equity of 12.81% and a net margin of 11.52%. The company had revenue of $16.95 million for the quarter, compared to the consensus estimate of $17.30 million. The company’s quarterly revenue was up 12.9% on a year-over-year basis. On average, equities research analysts forecast that Kingstone Companies will post $1.10 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Tuesday, August 29th. Kingstone Companies’s dividend payout ratio is currently 29.91%.
KINS has been the topic of a number of research reports. Zacks Investment Research upgraded Kingstone Companies from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine upgraded Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 6th. Finally, Boenning Scattergood reiterated a “buy” rating and set a $16.00 price target on shares of Kingstone Companies in a report on Friday, July 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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