Kinsale Capital Stock Drops 1.3% as Q1 EPS Seen Soaring 28.3%
Kinsale Capital shares fell 1.3% to $378.49, trailing the S&P 500’s 0.57% decline and extending its one-month loss to 6.21% versus the Finance sector’s 2.87% drop. Analysts forecast Q1 EPS of $4.76 (+28.3% YOY) on $475.7 million revenue (+12.34%), with full-year earnings seen at $20.47.
1. Recent Stock Performance
Kinsale Capital shares declined 1.3% to $378.49, underperforming the S&P 500’s 0.57% loss, the Dow’s 1.61% drop and the Nasdaq’s 0.26% slide. Over the past month, the stock is down 6.21%, exceeding the Finance sector’s 2.87% downturn and the S&P 500’s 0.15% retreat.
2. Quarterly Forecasts
Analysts project Q1 earnings of $4.76 per share, representing 28.3% year-over-year growth, on revenue of $475.66 million, a 12.34% increase from last year. This quarterly forecast has become a key focus ahead of the company’s next earnings release.
3. Full-Year Guidance and Estimate Revisions
For the full year, consensus estimates call for earnings of $20.47 per share (+4.92%) and revenue of $1.95 billion (+4.23%). The most recent consensus EPS estimate shifted 0.12% lower over the past month, contributing to a Zacks Rank of #3 (Hold).
4. Valuation and Industry Ranking
The stock trades at a forward P/E of 18.73, high versus the industry average of 10.64, and holds a PEG ratio of 1.56 below the industry’s 2.16. The Insurance – Property and Casualty industry sits in the top 16% of Zacks Industry Rankings, reflecting relative strength.