Kinsale Capital Group, Inc. (NASDAQ:KNSL) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.74 per share.
For the full year, analysts predict revenues of $ 429.87 million, while looking forward to income of $ 3.17 per share.
Previous Quarter Performance
Kinsale Capital Group, Inc. posted income for the second quarter of $ 0.84 per share, from the revenue of $ 117.71 million. The quarterly earnings 47.37 percent compared with the same quarter last year. The consensus estimates are income of $ 0.68 per share from $ 102.31 million in revenue. The bottom line results beat street analysts by $ 0.16 or 23.53 percent, at the same time, top line results outshined analysts by $ 15.40 million or 15.05 percent.
Stock Performance
Shares of Kinsale Capital Group, Inc. traded low $ -4.45 or -2.14 percent on Wednesday, reaching $ 203.55 with volume of 155.40 thousand shares. Kinsale Capital Group, Inc. has traded high as $ 207.25 and has cracked $ 201.40 on the downward trend
According to the previous trading day, closing price of $ 203.55, representing a 157.01 % increase from the 52 week low of $ 80.93 and a 3.05 % decrease over the 52 week high of $ 214.55.
The company has a market capital of $ 4.41 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Recent Analyst recommendations
- On 18th September 2020, initiated by Compass Point at Neutral rating, with $ 202.00 target price.
Kinsale Capital Group, Inc. provides as a casualty and property insurance products in the United States. Its commercial lines offerings include construction, small business, energy, excess and general casualty, life sciences, allied health, health care, commercial property, environmental, public entity, inland marine, and commercial insurance, as well as product, professional, and management liability insurance; and homeowners insurance.
