In the last trading session, 1.2 million Kingstone Cos. Inc (NASDAQ:KINS) shares changed hands as the company’s beta touched 0.59. With the company’s per share price at $20.12 changed hands at $1.8 or 9.83% during last session, the market valuation stood at $276.27M. KINS’s last price was a premium, traded about 4.67% off its 52-week high of $19.18. The share price had its 52-week low at $4.01, which suggests the last value was 80.07% up since then. When we look at Kingstone Cos. Inc’s average trading volume, we note the 10-day average is 0.34 million shares, with the 3-month average coming to 287.38K.
Analysts gave the Kingstone Cos. Inc (KINS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended KINS as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Kingstone Cos. Inc’s EPS for the current quarter is expected to be 0.
Kingstone Cos. Inc (NASDAQ:KINS) trade information
Instantly KINS was in green as seen at the end of in last trading. With action 16.71%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 32.46%, with the 5-day performance at 16.71% in the green. However, in the 30-day time frame, Kingstone Cos. Inc (NASDAQ:KINS) is 18.42% up. Looking at the short shares, we see there were 0.24 million shares sold at short interest cover period of 0.9 days.
Kingstone Cos. Inc (KINS) estimates and forecasts
Year-over-year growth is forecast to reach 45.99% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 41.7M. 1 analysts are of the opinion that Kingstone Cos. Inc’s revenue for the current quarter will be 45.2M. The estimates for the next quarter sales put growth at 49.16%.
The 2025 estimates are for Kingstone Cos. Inc earnings to increase by 31.03%.
KINS Dividends
Kingstone Cos. Inc is expected to release its next quarterly earnings report on 2025-Feb-23. During the past 5 years, the average dividend yield was 4.24 per year.
Kingstone Cos. Inc (NASDAQ:KINS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 19.91% of Kingstone Cos. Inc shares while 28.12% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 35.12%. There are 28.12% institutions holding the Kingstone Cos. Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.3693% of the shares, roughly 0.37 million KINS shares worth $1.86 million.
RENAISSANCE TECHNOLOGIES LLC holds the second largest percentage of outstanding shares, with 3.3522% or 0.37 million shares worth $1.85 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and American Century ETF Trust-Avantis U.S. Small Cap Value ETF . With 236.67 shares estimated at $4.76 million under it, the former controlled 1.72% of total outstanding shares. On the other hand, American Century ETF Trust-Avantis U.S. Small Cap Value ETF held about 0.91% of the shares, roughly 125.3 shares worth around $2.52 million.
