KNSL's fourth-quarter result is likely to reflect strong growth in new business submission activity and positive overall rate changes across the book of business.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Kinsale Capital Group (KNSL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Kinsale Capital Group, Inc. excels in the E&S insurance segment, leveraging proprietary technology for superior underwriting and lower loss ratios compared to peers. Despite strong fundamentals and growth, Kinsale's premium valuation reflects its performance, trading at 8x book value, which may seem overvalued relative to peers. The company's recent financials show strong growth, with Q3 2024 premiums up 18.5% YoY and net income up 50% YoY, maintaining high profitability.
Kinsale Capital Group (KNSL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw Kinsale Capital Group, Inc. (KNSL) settling at $450.33, representing a +1.9% change from its previous close.
Kinsale Capital Group, Inc. (KNSL) closed at $442.10 in the latest trading session, marking a -0.49% move from the prior day.
Kinsale Capital Group (KNSL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
KNSL is set to gain from focus on the excess and supply market, prudent underwriting, lower expense ratio, solid investment portfolio and capital deployment.
In the latest trading session, Kinsale Capital Group, Inc. (KNSL) closed at $436.34, marking a -0.41% move from the previous day.
Kinsale Capital Group (KNSL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Kinsale Capital Group (KNSL) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Allstate (ALL) or Kinsale Capital Group, Inc. (KNSL). But which of these two stocks presents investors with the better value opportunity right now?