Kingstone Companies Inc (NASDAQ:KINS) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 1-year consensus price objective of $23.50 for the company and are expecting that the company will post $0.29 EPS for the current quarter, according to Zacks. Zacks has also assigned Kingstone Companies an industry rank of 41 out of 265 based on the ratings given to its competitors.
Several analysts recently commented on KINS shares. Zacks Investment Research raised shares of Kingstone Companies from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Tuesday, November 14th. ValuEngine raised shares of Kingstone Companies from a “hold” rating to a “buy” rating in a report on Sunday, December 31st.
Kingstone Companies (NASDAQ KINS) opened at $20.70 on Wednesday. The firm has a market cap of $222.62, a PE ratio of 20.29 and a beta of 0.84. Kingstone Companies has a 52 week low of $12.00 and a 52 week high of $21.70.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.93%. This is a boost from Kingstone Companies’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Tuesday, February 27th. Kingstone Companies’s dividend payout ratio is currently 31.37%.
About Kingstone Companies
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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