Analysts' ratings for Kinsale Cap Gr (NYSE:KNSL) over the last quarter vary from bullish to bearish, as provided by 5 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 3 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Kinsale Cap Gr, presenting an average target of $425.6, a high estimate of $453.00, and a low estimate of $390.00. A decline of 17.81% from the prior average price target is evident in the current average.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils how financial experts perceive Kinsale Cap Gr. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Pablo Singzon | JP Morgan | Raises | Neutral | $420.00 | $400.00 |
| Michael Zaremski | BMO Capital | Lowers | Market Perform | $453.00 | $544.00 |
| Casey Alexander | Compass Point | Lowers | Neutral | $390.00 | $490.00 |
| Mark Hughes | Truist Securities | Lowers | Buy | $440.00 | $600.00 |
| Scott Heleniak | RBC Capital | Lowers | Sector Perform | $425.00 | $555.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Kinsale Cap Gr. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Kinsale Cap Gr compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Kinsale Cap Gr's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Kinsale Cap Gr's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Kinsale Cap Gr analyst ratings.
Discovering Kinsale Cap Gr: A Closer Look
Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment which is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.
Kinsale Cap Gr: Financial Performance Dissected
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Kinsale Cap Gr's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 41.67%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 26.54%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Kinsale Cap Gr's ROE excels beyond industry benchmarks, reaching 8.76%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Kinsale Cap Gr's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.54% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.16.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.