Kinsale Capital Group (NYSE:KNSL – Get Free Report) released its quarterly earnings data on Thursday. The financial services provider reported $4.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.70 by $0.50, Briefing.com reports. Kinsale Capital Group had a return on equity of 30.33% and a net margin of 26.08%. The company had revenue of $418.06 million during the quarter, compared to the consensus estimate of $359.43 million. During the same quarter in the prior year, the firm posted $3.31 earnings per share. The firm’s revenue was up 33.0% compared to the same quarter last year.
Kinsale Capital Group Price Performance
Kinsale Capital Group stock traded down $24.27 during midday trading on Friday, hitting $434.15. 593,794 shares of the company’s stock were exchanged, compared to its average volume of 176,752. The stock has a 50-day moving average price of $468.92 and a two-hundred day moving average price of $428.10. Kinsale Capital Group has a 52-week low of $325.01 and a 52-week high of $548.47. The company has a market cap of $10.11 billion, a P/E ratio of 28.69, a PEG ratio of 2.05 and a beta of 1.08. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.13 and a current ratio of 0.13.
Kinsale Capital Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 12th. Investors of record on Thursday, August 29th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.14%. Kinsale Capital Group’s dividend payout ratio (DPR) is presently 3.99%.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on KNSL
Kinsale Capital Group Company Profile
Kinsale Capital Group, Inc, a specialty insurance company, engages in the provision of property and casualty insurance products in the United States. The company’s commercial lines offerings include commercial property, small business casualty and property, excess and general casualty, construction, allied health, life sciences, entertainment, energy, environmental, excess professional, health care, public entity, commercial auto, inland marine, aviation, ocean marine, product recall, and railroad, as well as product, professional, and management liability insurance.
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