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Investors interested in Insurance - Property and Casualty stocks are likely familiar with Progressive (PGR) and Kinsale Capital Group, Inc. (KNSL). But which of these two stocks offers value investors a better bang for their buck right now?
RICHMOND, Va.--(BUSINESS WIRE)--Kinsale Capital Group Announces Dividend Declaration.
Kinsale Capital Group, Inc. specializes in excess and surplus lines insurance, targeting hard-to-place risks for small to medium businesses in the U.S. Their focused strategy and proprietary technology platform have enabled consistent business growth and superior underwriting profitability. Kinsale's disciplined underwriting and refusal to delegate authority ensure quality, leading to lower loss ratios and higher growth than industry averages.
Exited M&T Bank due to concerns over sluggish growth, increased competition, and limited opportunities in slow-growing markets despite strong fundamentals. Trimmed Progressive Corp. as auto insurance profitability peaks; remain positive but expect lower future returns due to rising competition and cyclical pressures. Added to Kinsale Capital after market overreaction to short-term results; confident in its efficiency, growth, and profit margins within commercial insurance.
Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Progressive (PGR) or Kinsale Capital Group, Inc. (KNSL). But which of these two stocks offers value investors a better bang for their buck right now?
Kinsale Capital Group's disciplined underwriting and strategic diversification drive robust performance and a healthy balance sheet, supporting long-term sustainability and dividend growth. Recent price decline has made KNSL shares attractively valued, with P/E, P/B, and DCF models all indicating significant upside potential. Despite bearish technical signals, the stock appears oversold, presenting a favorable entry point for investors seeking value and growth.
Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Progressive (PGR) or Kinsale Capital Group, Inc. (KNSL). But which of these two companies is the best option for those looking for undervalued stocks?
Kinsale just delivered a masterclass quarter: 22% revenue growth, 27% EPS growth, and a best-in-class 75.8% combined ratio. While competitors post 100%+ loss ratios, Kinsale maintains the lowest costs and highest profitability in E&S insurance. Management compares current competition to the 2008 mortgage crisis: "misalignment of interests" creates mispricing that will self-correct.
Shares of specialty insurer Kinsale Capital Group (KNSL 1.92%) were flat as of 1 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence.
KNSL's Q2 EPS increases 27.5% to $4.78, beating estimates on disciplined underwriting and technology-enabled low costs.