Based on ratings from 1 stock analysts, the Kingstone Cos Inc stock price is expected to decrease by 19.4% in 12 months. This is calculated by using the average 12-month stock price forecast for Kingstone Cos Inc. The lowest target is $13.5 and the highest is $13.5. Please note analyst price targets are not guaranteed and could be missed completely.
Kingstone Cos Inc has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Kingstone Cos Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of KINS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Robert Farnam Janney Montgomery Scott | Buy | $6.5 | Initiates | Jul 16, 2024 |
Paul Newsome Piper Sandler | Underweight | $1.75 | Downgrade | Nov 20, 2023 |
Paul Newsome Piper Sandler | Neutral | $1.6 | Downgrade | Feb 13, 2023 |
Paul Newsome Piper Sandler | Overweight | $5.4 | Maintains | May 16, 2022 |
Boenning & Scattergood | Neutral | Downgrade | Nov 12, 2021 | |
Paul Newsome Piper Sandler | Overweight | $7 | Maintains | Apr 6, 2020 |
Compass Point | Buy | $8 | Maintains | Apr 2, 2014 |
Sandler O'Neill | Buy | Initiates | Dec 20, 2013 | |
Piper Sandler | Buy | Initiates | Dec 20, 2013 |
When did it IPO
1999
Staff Count
84
Country
United States
Sector/Industry
Financial Services/Insurance - Property & Casualty
CEO
Ms. Meryl S. Golden
Market Cap
$171.7M
In 2023, KINS generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that KINS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Kingstone Companies, Inc. has partnered with Earnix to enhance its pricing capabilities through advanced data science and AI, supporting its strategic growth in the homeowners insurance market.
Why It Matters - The partnership with Earnix enhances Kingstone's pricing capabilities, potentially improving profitability and competitiveness in the homeowners insurance market, which could positively influence stock performance.
Summary - Kingstone Companies, Inc (KINS) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its viability.
Why It Matters - Kingstone Companies, Inc's potential as a top pick for momentum investors indicates strong market interest, possibly driving stock price volatility and trading activity.
Summary - Kingstone Companies, Inc. appointed Meryl Golden as CEO in summer 2023, leading to a 400% share price increase and a Q3 net income of $7 million, reversing previous losses. Seeking Alpha upgraded its rating to "Strong Buy."
Why It Matters - Kingstone's leadership change and subsequent 400% share price surge, coupled with strong Q3 earnings and a positive rating shift, signal a robust recovery and growth potential for investors.
Summary - Investors are focusing on stocks with strong upward momentum, including SEZL, KINS, GHM, TILE, and CLMB.
Why It Matters - Bullish stocks like SEZL, KINS, GHM, TILE, and CLMB indicate market optimism, potentially leading to price gains. This trend may attract more investment and increase volatility.
Summary - Kingstone Companies, Inc. reported record profitability and growth for Q3 2024, achieving the highest income since its acquisition in 2009 and record premiums written.
Why It Matters - Record profitability and growth signal strong financial health and potential for future performance, likely boosting investor confidence and stock valuation for Kingstone Companies.
Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks.
Why It Matters - Zacks' emphasis on earnings estimates and revisions highlights potential stock performance, guiding investors towards strong picks amid evolving market trends.