Kingstone Companies (NASDAQ:KINS) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Kingstone Companies, Inc (NASDAQ:KINS) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.35 and traded as low as $14.50. Kingstone Companies shares last traded at $14.84, with a volume of 81,415 shares traded.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on KINS. Wall Street Zen downgraded Kingstone Companies from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Zacks Research upgraded shares of Kingstone Companies to a “hold” rating in a report on Friday, February 6th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Kingstone Companies in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Kingstone Companies currently has an average rating of “Moderate Buy”.

Kingstone Companies Stock Up 0.7%

The company’s fifty day simple moving average is $15.68 and its 200-day simple moving average is $15.35. The firm has a market capitalization of $214.88 million, a PE ratio of 5.26 and a beta of 0.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.37 and a quick ratio of 0.37.

Kingstone Companies (NASDAQ:KINS) last issued its quarterly earnings data on Thursday, March 5th. The insurance provider reported $1.08 EPS for the quarter, beating the consensus estimate of $1.05 by $0.03. The firm had revenue of $56.42 million during the quarter, compared to analyst estimates of $83.00 million. Kingstone Companies had a return on equity of 38.21% and a net margin of 18.97%.Kingstone Companies has set its FY 2026 guidance at 2.200-2.900 EPS. On average, analysts forecast that Kingstone Companies, Inc will post 1.4 EPS for the current year.

Kingstone Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 11th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, February 11th. Kingstone Companies’s dividend payout ratio is currently 7.09%.

Institutional Investors Weigh In On Kingstone Companies

Several institutional investors have recently added to or reduced their stakes in the business. Cincinnati Insurance Co. purchased a new stake in shares of Kingstone Companies during the third quarter worth about $1,237,000. Squarepoint Ops LLC raised its position in shares of Kingstone Companies by 201.9% in the 2nd quarter. Squarepoint Ops LLC now owns 101,757 shares of the insurance provider’s stock valued at $1,568,000 after purchasing an additional 68,055 shares during the last quarter. Panagora Asset Management Inc. purchased a new position in shares of Kingstone Companies in the 2nd quarter valued at approximately $1,476,000. American Century Companies Inc. boosted its stake in Kingstone Companies by 36.3% in the 2nd quarter. American Century Companies Inc. now owns 220,470 shares of the insurance provider’s stock worth $3,397,000 after purchasing an additional 58,661 shares in the last quarter. Finally, De Lisle Partners LLP boosted its stake in Kingstone Companies by 179.5% in the 2nd quarter. De Lisle Partners LLP now owns 267,488 shares of the insurance provider’s stock worth $4,120,000 after purchasing an additional 171,778 shares in the last quarter. Institutional investors and hedge funds own 14.91% of the company’s stock.

About Kingstone Companies

Kingstone Companies, Inc is a publicly traded property and casualty insurance holding company whose primary focus lies in personal and commercial insurance products. Through its wholly owned subsidiary, Kingstone Insurance Company, the firm underwrites a broad portfolio of property and casualty lines, including private passenger auto, homeowners, inland marine, umbrella, and various small‐commercial coverage options. Distribution is handled predominantly through a network of independent agents, allowing Kingstone to maintain strong broker relationships and responsive service for policyholders.

The company was incorporated in Delaware in 2010 and commenced operations following the acquisition of Kingstone Insurance Company in early 2011.