Kingstone Companies Inc (KINS) Q3 2024 Earnings Call Highlights: Strong Profitability and ... [Yahoo! Finance]
Kingstone Companies, Inc (KINS)
Last kingstone companies, inc earnings: 3/11 04:10 pm
Check Earnings Report
US:NASDAQ Investor Relations:
kingstonecompanies.com
Company Research
Source: Yahoo! Finance
Kingstone Companies Inc ( NASDAQ:KINS ) reported its fourth consecutive quarter of profitability with a net income of $7 million for Q3 2024. Direct written premiums increased by 28.1% in the third quarter, driven by a 39.4% increase in core direct written premiums. The company's combined ratio improved significantly by 38.2 points to 72% for the quarter. Investment income for the quarter increased by 14% to $1.7 million, reflecting strategic shifts in the investment portfolio. Kingstone Companies Inc ( NASDAQ:KINS ) raised its guidance for 2024, expecting a GAAP combined ratio between 79% and 83% and earnings per share between $1.40 and $1.70. The company is focused on paying off debt quickly, which may involve issuing additional stock, potentially leading to shareholder dilution. There is an expected increase in catastrophe reinsurance costs for the 2025 treaty year due to exposure growth and a hardening market. The expense ratio was higher than the target, primarily
Show less
Read more
Impact Snapshot
Event Time:
KINS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KINS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KINS alerts
High impacting Kingstone Companies, Inc news events
Weekly update
A roundup of the hottest topics
KINS
News
- New Strong Buy Stocks for November 13th [Yahoo! Finance]Yahoo! Finance
- Best Value Stocks to Buy for November 13th [Yahoo! Finance]Yahoo! Finance
- Kingstone Companies, Inc. (NASDAQ: KINS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Kingstone Companies, Inc (KINS) Meets Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
- Kingstone Reports Record Profitability and Growth [Yahoo! Finance]Yahoo! Finance
KINS
Earnings
- 11/12/24 - In-Line
KINS
Sec Filings
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 8-K
- 10/29/24 - Form 8-K
- KINS's page on the SEC website