If you are looking for stocks that are well positioned to maintain their recent uptrend, Kingstone Companies (KINS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Let us delve deeper to find out what to do with KINS stock now.
Kingstone Companies (KINS) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Kingstone Companies (KINS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Kingstone Companies saw a 31% growth in core business premiums in 2024 due to market dislocation from competitors exiting New York. The company reported a significant improvement in EBITDA, achieving $30 million in 2025 versus a loss in 2023, with a net income of $18.3 million. Kingstone's strong balance sheet, with $17 million net cash and strategic focus on core business areas position it for continued growth.
Kingstone's fourth-quarter 2024 results reflect higher net investment income and premiums as well as lower expense ratio.
Kingstone Companies, Inc. (NASDAQ:KINS ) Q4 2024 Earnings Conference Call March 14, 2025 8:30 AM ET Company Participants Karin Daly - Vice President, Investor Relations Meryl Golden - President and Chief Executive Officer Jennifer Gravelle - Chief Financial Officer Conference Call Participants Robert Farnam - Janney Montgomery Scott Gabriel McClare - Private Investor Operator Greetings and welcome to Kingstone Companies Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Kingstone Companies, Inc (KINS) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.15 per share a year ago.
KINS' fourth-quarter results are likely to reflect an increase in premiums, better investment results and a favorable net underwriting expense ratio.
Kingstone Companies (KINS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Per preliminary results, Kingstone Companies witnesses a solid improvement in its bottom line.
Kingstone Companies is well poised for growth, given its heightened focus on its core business and scaling back of unprofitable non-core businesses.