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 41th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Kingstone Companies Inc ended up being:
The company's compound free cash flow growth rate over the past 5.75 years comes in at -0.03%; that's greater than only 24.62% of US stocks we're applying DCF forecasting to.
As a business, KINS is generating more cash flow than only 5.85% of positive cash flow stocks in the Financial Services.
Kingstone Companies Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.1. This coverage rate is greater than that of merely 14.65% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Kingstone Companies Inc? See SEIC, BSIG, SCU, EIG, and ICE.
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Kingstone Companies, Inc. (Nasdaq: KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced its financial results for the quarter ended March 31, 2020.
KINGSTON, N.Y.--(BUSINESS WIRE)--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 First Quarter financial results conference call for analysts and investors on Friday, May 8, 2020 at 8:30 a.m. Eastern Time. The earnings announcement is scheduled for release shortly after the stock markets close on Thursday, May 7th. The details of the conference call and webca