Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company, underwrites property and casualty insurance products to small businesses and individuals in New York. The company was founded in 1886 and is based in Kingston, New York.
KINS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Kingstone Companies Inc. To summarize, we found that Kingstone Companies Inc ranked in the 16th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for KINS, they are:
The company's debt burden, as measured by earnings divided by interest payments, is -0.16; that's higher than only 19.37% of US stocks in the Financial Services sector that have positive free cash flow.
The company's compound free cash flow growth rate over the past 5.39 years comes in at -0.17%; that's greater than merely 10.07% of US stocks we're applying DCF forecasting to.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BLK, MDLY, ARGO, AXS, and GBDC can be thought of as valuation peers to KINS, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
New York insurer Kingstone Companies Inc has won dismissal of a proposed shareholder class action accusing it of concealing risky underwriting practices and failing to maintain adequate loss reserves from 2018 to 2019.
Kingstone Companies, Inc. (KINS) Q2 2020 Results Conference Call August 07, 2020 08:30 AM ET Company Participants Amanda Goldstein - Investor Relations Barry Goldstein - Chief Executive Officer Meryl Golden - Chief Operating Officer Ben Walden - Chief Actuary Conference Call Participants Paul Newsome - Piper Sandler Bob Farnam -...
KINGSTON, N.Y.--(BUSINESS WIRE)---- $KINS #earnings--Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, today announced revised preliminary unaudited financial results for the three and six months ended June 30, 2020. The revised preliminary unaudited financial results included in this press release are based on information available as of August 3, 2020 and management's latest review of operations for the second quarter. T
Kingstone Companies, Inc. (Nasdaq: KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today that it will hold its 2020 Second Quarter financial results conference call for analysts and investors on Friday, August 7, 2020 at 8:30 a.m. Eastern Time. The earnings announcement is scheduled for release shortly after the stock markets close on the previous day, Thursday, August 6, 2020.