On its third-quarter 2026 earnings call, held on Oct. 23, 2026, Kinsale Capital (KNSL -6.69%) announced a 9.4% increase in diluted operating earnings per share to $5.70. The specialty insurer relies on disciplined underwriting and low operating costs to navigate softening conditions across excess and surplus lines insurance, which covers nonstandard risks.
Three key takeaways stand out for long-term investors.
1. Account Mix Shifts Toward Smaller Policies to Protect ProfitabilityCompetitive pricing in commercial property pushed gross written premium down 4.8% during the quarter. Management allowed larger policy accounts to walk while expanding submissions in smaller commercial accounts to preserve underwriting margins.
Not only is this shift positive for maintaining best in class margins, but it also shows that the Kinsale model works and works well even in the most competitive markets we have seen in the last 10 years.
-- Michael Patrick Kehoe, Chairman, President and Chief Executive Officer2. Capital Allocation Prioritizes High-Margin Growth and RepurchasesThe company continues generating capital beyond immediate operational needs during softer market conditions. Management channels excess cash into share repurchases, buying $100 million of common stock in the third quarter while maintaining a modest dividend.
Our first capital allocation priority is to fund growth in our high margin insurance business. Our second priority is to return excess capital to stockholders primarily through share repurchases.
-- Christopher R. Tangard, Chief Accounting Officer3. Proprietary Analytics Drive Risk Segmentation and Protect Loss RatiosRather than cutting prices across entire divisions, the company uses proprietary generalized linear models, which are actuarial tools that isolate individual risk factors, alongside 17 years of unified policy data to price coverage precisely. This technical pricing prevents adverse selection when competitors discount indiscriminately.
In today's market, the analytics advantage we have is more important and more durable than ever and will allow us to maintain those low loss ratios.
-- Salmaan K. Allibhai, Chief Analytics and Technology OfficerLooking AheadUnderwriting discipline remains firm across softening casualty and property markets, supported by double-digit submission growth in agribusiness and commercial auto.
We will grow where the opportunity is real, We will hold the line where competition has outrun the risk. And we will never trade profitability for volume.
-- Stuart Winston, Chief Underwriting OfficerProprietary software and an expense ratio, the percentage of premiums used to run the business, of 22% provide structural insulation as competitors face margin pressure. Management keeps close watch on pricing discipline while shifting focus toward smaller account opportunities.
While Kinsale always prioritizes profit over growth, we are still working very hard to grow the business.
-- Michael Patrick Kehoe, Chairman, President and Chief Executive OfficerThe Motley Fool has positions in and recommends Kinsale Capital Group. The Motley Fool has a disclosure policy.
Finanční ředitel společnosti Kinsale Capital Bryan P. Petrucelli odejde 2. března 2027 do důchodu; nahradí ho Christopher R. Tangard. Petrucelli se 22. října 2026 stane členem představenstva.
RICHMOND, Va.--(BUSINESS WIRE)--Kinsale Capital Group, Inc. (NYSE: KNSL) (the “Company”) announced today that Bryan P. Petrucelli, Executive Vice President, Chief Financial Officer and Treasurer, has been elected to the Company’s Board of Directors, effective October 22, 2026. Mr. Petrucelli also informed the Company that he intends to retire from his executive role on March 2, 2027. Christopher R. Tangard will succeed him as Executive Vice President, Chief Financial Officer and Treasurer effective upon Mr. Petrucelli’s retirement.
“Since Kinsale was founded in 2009, Bryan has played an integral role in our success, helping build the strong financial foundation and capital position that have supported our growth. I want to thank Bryan for his integrity, unwavering commitment to financial excellence, and sound business judgment. He has been a trusted partner throughout Kinsale’s evolution, and his leadership has left a lasting mark on our organization. While we wish Bryan well in his retirement from his executive role, we are pleased that he will continue to serve Kinsale as a Director. His deep understanding of our culture and strategy, together with his strong alignment with stockholder interests, makes him a valuable addition to our Board,” said Chairman, President and Chief Executive Officer, Michael P. Kehoe.
“Chris is a highly respected member of Kinsale’s senior leadership team. He understands how our technology-enabled, cost-efficient business model drives our success and has the expertise to lead our financial operations while supporting our long-term strategic priorities. I have great confidence in Chris’ ability to build on our strong foundation through disciplined financial stewardship and deliver best-in-class results for our stakeholders,” Mr. Kehoe continued.
“It has been a privilege to serve as Kinsale’s CFO and to work alongside such a talented team. I believe Chris is the right leader for our next chapter. He brings the experience, judgment and integrity needed to help Kinsale continue delivering profitable growth and creating long-term value for our stockholders. I look forward to supporting him during the transition and working with him as a member of the Board as we continue building Kinsale into the best excess and surplus lines company in the industry,” said Mr. Petrucelli.
Mr. Tangard has served as Senior Vice President, Chief Accounting Officer of the Company since March 2024. Mr. Tangard joined Kinsale in June 2019 as Director, Internal Audit and was promoted to Assistant Vice President, Internal Audit in March 2021 and to Vice President, Finance in March 2023, before assuming his current role. Prior to joining Kinsale, Mr. Tangard served as a Senior Manager in the audit practice of KPMG LLP.
Mr. Tangard holds a Bachelor of Arts in Economics and Commerce from Hampden-Sydney College and a Master of Accounting from William & Mary and is a Certified Public Accountant.
About Kinsale Capital Group, Inc.
Kinsale Capital Group, Inc. is a specialty insurance group headquartered in Richmond, Virginia, focusing on the excess and surplus lines market.
For the quarter ended September 2026, Kinsale Capital Group, Inc. (KNSL - Free Report) reported revenue of $454.8 million, down 8.6% over the same period last year. EPS came in at $5.70, compared to $5.21 in the year-ago quarter.
The reported revenue represents a surprise of -5.02% over the Zacks Consensus Estimate of $478.84 million. With the consensus EPS estimate being $4.95, the EPS surprise was +15.15%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Kinsale Capital Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Expense Ratio: 22% versus the five-analyst average estimate of 21.5%.Combined Ratio: 75.4% versus 80% estimated by five analysts on average.Loss Ratio: 53.4% versus the five-analyst average estimate of 58.5%.Revenues- Net investment income: $58.27 million versus $58.31 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +17.5% change.Revenues- Other income: $0.15 million versus $0.4 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -80.5% change.Revenues- Net Earned Premiums: $423.47 million versus $408.72 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.1% change.Revenues- Fee Income: $11.1 million versus the four-analyst average estimate of $11.58 million. The reported number represents a year-over-year change of +7.8%.View all Key Company Metrics for Kinsale Capital Group here>>>
Shares of Kinsale Capital Group have returned +11% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Analytici očekávají, že společnost Kinsale Capital Group vykáže čtvrtletní zisk 4,95 USD na akcii, což by představovalo meziroční pokles o 5 %, při tržbách ve výši 478,84 milionu USD, meziročně nižších o 3,8 %.
Wall Street analysts forecast that Kinsale Capital Group, Inc. (KNSL - Free Report) will report quarterly earnings of $4.95 per share in its upcoming release, pointing to a year-over-year decline of 5%. It is anticipated that revenues will amount to $478.84 million, exhibiting a decrease of 3.8% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Kinsale Capital Group metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Revenues- Net investment income' will reach $58.31 million. The estimate points to a change of +17.6% from the year-ago quarter.
The consensus estimate for 'Revenues- Net Earned Premiums' stands at $408.72 million. The estimate suggests a change of -0.6% year over year.
According to the collective judgment of analysts, 'Revenues- Fee Income' should come in at $11.58 million. The estimate points to a change of +12.4% from the year-ago quarter.
Analysts forecast 'Expense Ratio' to reach 21.5%. The estimate compares to the year-ago value of 21.0%.
The average prediction of analysts places 'Combined Ratio' at 80.0%. Compared to the present estimate, the company reported 74.9% in the same quarter last year.
Analysts' assessment points toward 'Loss Ratio' reaching 58.5%. The estimate is in contrast to the year-ago figure of 53.9%.
View all Key Company Metrics for Kinsale Capital Group here>>>
Kinsale Capital Group shares have witnessed a change of +2.4% in the past month, in contrast to the Zacks S&P 500 composite's +1.5% move. With a Zacks Rank #3 (Hold), KNSL is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Kinsale Capital Group má před zveřejněním výsledků za čtvrtletí končící v září 2026 ukazatel Earnings ESP ve výši +2,56 %, což naznačuje možné překonání očekávání ohledně EPS ve výši 4,95 USD.
The market expects Kinsale Capital Group, Inc. (KNSL - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly earnings of $4.95 per share in its upcoming report, which represents a year-over-year change of -5%.
Revenues are expected to be $478.84 million, down 3.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.44% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Kinsale Capital Group?For Kinsale Capital Group, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.56%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Kinsale Capital Group will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Kinsale Capital Group would post earnings of $5.1 per share when it actually produced earnings of $5.54, delivering a surprise of +8.63%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Kinsale Capital Group appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Insurance - Property and Casualty industry, First American Financial (FAF - Free Report) , is soon expected to post earnings of $1.85 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +8.8%. Revenues for the quarter are expected to be $2.11 billion, up 6.5% from the year-ago quarter.
The consensus EPS estimate for First American Financial has been revised 0.4% higher over the last 30 days to the current level. However, an equal Most Accurate Estimate has resulted in an Earnings ESP of 0.00%.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), makes it difficult to conclusively predict that First American Financial will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Kinsale Capital Group, Inc. (NYSE:KNSL – Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock traders bought 2,378 call options on the stock. This is an increase of 2,231% compared to the average daily volume of 102 call options.
Kinsale Capital Group Price Performance Shares of KNSL opened at $348.70 on Thursday. The business’s 50-day moving average is $360.34 and its 200-day moving average is $340.82. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.09 and a quick ratio of 0.09. The company has a market capitalization of $7.94 billion, a price-to-earnings ratio of 14.13, a P/E/G ratio of 1.07 and a beta of 0.88. Kinsale Capital Group has a fifty-two week low of $287.20 and a fifty-two week high of $473.14.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $5.54 EPS for the quarter, topping the consensus estimate of $5.11 by $0.43. Kinsale Capital Group had a net margin of 28.49% and a return on equity of 25.54%. The business had revenue of $548.52 million during the quarter, compared to analysts’ expectations of $445.13 million. During the same period last year, the company posted $4.78 earnings per share. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. Equities research analysts expect that Kinsale Capital Group will post 21.17 EPS for the current fiscal year.
Kinsale Capital Group Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Friday, August 28th were given a $0.25 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.3%. Kinsale Capital Group’s dividend payout ratio is presently 4.05%. Wall Street Analyst Weigh In A number of brokerages have recently commented on KNSL. Morgan Stanley cut their price objective on Kinsale Capital Group from $390.00 to $350.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 6th. Wells Fargo & Company decreased their target price on Kinsale Capital Group from $377.00 to $348.00 and set an “equal weight” rating on the stock in a report on Monday. Wall Street Zen raised Kinsale Capital Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Weiss Ratings raised Kinsale Capital Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, October 6th. Finally, Cantor Fitzgerald upped their target price on Kinsale Capital Group from $259.00 to $264.00 and gave the company a “neutral” rating in a report on Wednesday, October 7th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $357.67.
Check Out Our Latest Analysis on KNSL
Hedge Funds Weigh In On Kinsale Capital Group Several institutional investors and hedge funds have recently modified their holdings of the stock. Hsbc Holdings PLC bought a new stake in shares of Kinsale Capital Group in the second quarter worth about $10,035,000. Legal & General Group Plc acquired a new stake in shares of Kinsale Capital Group during the second quarter worth about $9,462,000. Public Employees Retirement System of Ohio bought a new position in shares of Kinsale Capital Group during the 2nd quarter valued at about $2,081,000. Virtu Financial LLC lifted its holdings in shares of Kinsale Capital Group by 175.2% during the 4th quarter. Virtu Financial LLC now owns 3,118 shares of the financial services provider’s stock valued at $1,219,000 after purchasing an additional 1,985 shares in the last quarter. Finally, Man Group plc bought a new position in shares of Kinsale Capital Group during the 2nd quarter valued at about $6,125,000. 85.36% of the stock is currently owned by hedge funds and other institutional investors.
Kinsale Capital Group Company Profile (Get Free Report)
Kinsale Capital Group, Inc is a specialty insurance company headquartered in Richmond, Virginia. Through its insurance subsidiaries, including Kinsale Insurance Company, the company provides commercial property and casualty insurance in the United States.
Kinsale focuses primarily on the excess and surplus lines market, which serves businesses with risks that may not be accommodated by standard insurance carriers. Its offerings include coverage for commercial property, general liability, professional liability, commercial auto, and other specialized risks.
Recommended Stories Five stocks we like better than Kinsale Capital Group Tesla Wants to Make Its Own Chips—What Could Go Wrong? IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver? PBF Energy’s Stunning Rally Faces a Critical Test Citi Stock Falls Despite Earnings Beat: What Investors Need to Know Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.
Kinsale Capital ve 2. čtvrtletí zapojila AI do vlastních underwritingových tabulek a zlepšila ostatní underwritingový nákladový poměr na 10,3 % z 10,6 % před rokem.
Key Takeaways Kinsale Capital incorporated AI into its proprietary underwriting worksheets in the second quarter. Kinsale Capital's other underwriting expense ratio improved to 10.3% from 10.6% a year earlier. Kinsale Capital uses 17 years of company data to refine underwriting and pricing models. Kinsale Capital Group, Inc. (KNSL - Free Report) continues to leverage its technology-enabled operating model and lean cost structure to strengthen its competitive position in the excess and surplus (E&S) insurance market. As competition intensifies, technology is becoming increasingly important to Kinsale’s ability to support underwriters, respond quickly to brokers and maintain operating efficiency.
Kinsale is further enhancing this advantage through artificial intelligence, automation and data analytics. During the second quarter of 2026, AI was incorporated into Kinsale’s proprietary underwriting worksheets, with additional customized applications under development. Kinsale also has 17 years of company data housed in a single database, providing a valuable foundation for refining underwriting and pricing models while balancing growth with profitability.
The benefits of this technology-driven model are already evident in Kinsale’s operating efficiency. Kinsale’s other underwriting expense ratio improved to 10.3% in the second quarter of 2026 from 10.6% a year earlier, despite continued investments in technology and business expansion. Although the overall expense ratio increased to 21.7%, the rise was primarily attributable to higher net commissions associated with greater reinsurance retention.
Continued investment in proprietary data, AI, and automation could enable Kinsale to improve employee productivity, accelerate underwriting decisions and lower unit costs as it scales. While broader adoption of similar technologies across the E&S industry could reduce Kinsale’s relative advantage over time, its extensive proprietary data and technology infrastructure provide an important foundation for sustaining operational efficiency and underwriting profitability.
What About Other Players? Chubb Limited (CB - Free Report) is considered a strong user of technology, particularly in commercial insurance, cyber insurance, underwriting analytics and risk modeling. CB relies on technology mainly to improve underwriting, claims processing, cyber protection and distribution efficiency. Chubb is adopting technologies such as artificial intelligence, predictive analytics, industry data and catastrophe models to assess business risks more accurately rather than relying solely on traditional underwriting. These measures enable better pricing and risk selection, which usually lead to lower combined ratios and stronger underwriting profitability.
First American Financial Corporation (FAF - Free Report) has increasingly embedded technology into its business model to improve efficiency, reduce fraud risk, accelerate real estate closings and enhance customer experience across title insurance, settlement and mortgage services. FAF is at the forefront of digitization, driving innovation to improve the customer experience, enhance security, accelerate transactions and become the preferred choice for title insurance and settlement services. By leveraging AI, machine learning and advanced data assets, the company accelerates transaction timelines, minimizes risk and provides digital platforms for real estate professionals and consumers.
KNSL’s Price PerformanceShares of KNSL have lost 22.06% in the past year compared with the industry.
Image Source: Zacks Investment Research
KNSL’s Expensive ValuationThe stock is overvalued compared with its industry. It currently trades at a price-to-book multiple of 3.62, higher than the industry average of 1.4.
Image Source: Zacks Investment Research
Estimate Movement for KNSLThe Zacks Consensus Estimate for KNSL’s second-quarter and third-quarter 2026 earnings per share (EPS) has moved down 0.2% and 0.5%, respectively, in the past 60 days. The same for full-year 2026 EPS has moved up 0.3% in the past 60 days.
Key Takeaways KNSL's underwriting income rose 10.5% to $105.4 million, with a 75.5% combined ratio in Q2 2026.KNSL's submissions rose 6%, while submissions excluding commercial property increased 8% in Q2.KNSL's net investment income grew 19.9%, supported by a larger investment portfolio and $3.4 billion float. Shares of Kinsale Capital Group, Inc. (KNSL - Free Report) have lost 18.3% in the past year against the industry’s 1.6% growth.
The stock has declined as investors have become more cautious about KNSL’s growth. Weak commercial property pricing, rising E&S competition, and slower premium growth could weigh on results. These concerns have also reduced the premium valuation investors were willing to give the stock.
Shares of other industry players like American Financial Group, Inc. (AFG - Free Report) have fallen 2.4%, while Arch Capital Group Ltd. (ACGL - Free Report) and CNA Financial Corporation (CNA - Free Report) have gained 6.2% and 3.1%, respectively, over the past year.
1-Year Price Performance: KNSL, CNA, AFG, ACGL & Industry
Image Source: Zacks Investment Research
KNSL’s Growth Projection EncouragesThe Zacks Consensus Estimate for Kinsale Capital’s 2026 earnings per share (EPS) indicates a year-over-year increase of 8.2%. The consensus estimate for revenues is pegged at $1.98 billion, implying a year-over-year improvement of 5.5%.
The consensus estimate for 2027 EPS and revenues indicates an increase of 1.9% and 0.8%, respectively, from the corresponding 2026 estimates.
Earnings have grown 38% in the past five years, better than the industry average of 22.7%. The expected long-term earnings growth rate is 15%, outperforming the industry average of 7.9%.
KNSL’s Efficient Use of Shareholder FundsKinsale Capital’s return on equity (ROE) was 25.5% for the trailing 12 months, better than the industry’s 7.5%, reflecting the company’s efficiency in utilizing shareholders’ funds. This insurer targets mid-teens ROE over the long term.
What’s Driving KNSL StockKinsale Capital prioritizes profitability over premium growth and avoids poorly priced business, helping protect margins in a soft E&S market. In the second quarter of 2026, underwriting income rose 10.5% to $105.4 million, while net earned premiums increased 8.9%. Its 75.5% combined ratio and 24.4% ROE in the second quarter of 2026 highlight strong underwriting performance. Management targets a long-term combined ratio in the mid-80% range.
Kinsale Capital continues to witness healthy growth outside commercial property, with gross written premium (GWP) rising 4.8% in the first half of 2026. New business submissions increased 6%, while submissions excluding commercial property rose 8%. Strong demand in the small- and medium-sized enterprise market and favorable growth in excess casualty, commercial auto, entertainment, environmental, agribusiness casualty and energy support premium growth.
Product and distribution expansion provide additional growth opportunities. The company launched nine new products or enhancements in the first half of 2026, with five more set to launch soon and 10 in the pipeline. It also added 24 wholesale brokers and 176 retail brokers to Aspera, expanding market reach and supporting future premium growth.
KNSL benefits from its proprietary technology and 17 years of underwriting data, which support advanced analytics, machine learning and better risk selection and pricing. Automation and AI are improving productivity, accuracy and customer service, while potentially driving further expense efficiencies and strong loss ratios in a competitive market.
KNSL’s net investment income increased 19.9% year over year in the second quarter of 2026, supported by growth in the investment portfolio. The investment portfolio generated a 4.5% annualized gross return in the first half of 2026, while new-money yields were around 5.25%. As of June 30, 2026, Kinsale Capital's float increased to $3.4 billion from $3.1 billion at year-end 2025, providing a larger base for investment income.
Kinsale Capital’s operating cash flow supports organic growth, investment portfolio expansion and capital returns. Net cash provided by operating activities was $490.8 million in the first half of 2026 compared with $498.9 million a year earlier. The company repurchased $100 million of shares in the second quarter. In July 2026, the board added $250 million to the authorization, bringing remaining capacity to $337.5 million, providing additional support to the bottom line and shareholder returns.
Risks for KNSLIntense competition in commercial property and casualty lines is pressuring pricing and growth. Commercial property GWP fell 32.7% in the second quarter of 2026, while overall pricing declined 5.9%. Kinsale Capital’s disciplined underwriting protects margins but may limit premium growth. Rising casualty loss costs and a shift toward longer-tail business could also pressure profitability.
KNSL’s expense ratio rose to 21.7% from 20.7% due to higher reinsurance retentions. Investment-market volatility can also pressure book value. Kinsale Capital’s 3.80X price-to-book multiple, well above the P&C industry’s 1.41X, leaves limited room for execution missteps amid slower growth.
End NotesKinsale Capital is poised to gain from its long-term expansion in the U.S. E&S market, supported by its focus on smaller, hard-to-place risks, prudent underwriting, lower expense ratio, technology-enabled efficiency, higher investment income and effective capital deployment. Favorable growth estimates and higher return on equity are other positives.
However, given its slower commercial property growth and expensive valuation, it is better to wait for some more time before taking a call on this Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Takeaways KNSL is focusing on smaller E&S risks as competition rises in large shared and layered property accounts.More than half of KNSL's divisions posted double-digit submission growth in Q2 2026.Kinsale's 75.5% combined ratio highlights strong underwriting performance despite softer E&S pricing. Kinsale Capital Group, Inc. (KNSL - Free Report) is leveraging its focus on small and mid-sized accounts to support growth in the excess and surplus (E&S) market, where pricing has started to soften. The strategy allows Kinsale to focus on less competitive areas while maintaining underwriting discipline.
The E&S market remains attractive as insurers provide customized coverage for complex and hard-to-place risks. However, competition has increased, particularly in large shared and layered property accounts. Kinsale is responding by focusing on smaller risks, where business activity remains stronger.
In the second quarter of 2026, more than half of Kinsale's divisions recorded double-digit submission growth, while activity in accounts with premiums of $25,000 or less continued to expand. Growth is also expanding beyond large commercial property risks. Kinsale launched nine new products or product enhancements in the first half of 2026, helping it capture opportunities across different E&S classes.
This strategy gives Kinsale greater flexibility in a softer market. The company can prioritize underwriting profitability by avoiding poorly priced business and focusing on risks that meet its return requirements. Its proprietary technology and analytics further support efficient underwriting and risk selection.
Kinsale’s underwriting performance remains a key strength. Its second-quarter combined ratio was 75.5%, supporting strong underwriting profitability despite the challenging pricing environment.
The softer E&S market remains a risk to premium growth. However, strong business activity outside large property accounts, a small-account focus and disciplined underwriting should help Kinsale protect margins and support profitable growth.
What About Its Peers?Among KNSL’s peers, RLI Corp. (RLI - Free Report) is taking a selective approach as competition increases in E&S property, focusing on risks where pricing adequately reflects the underlying exposure. Meanwhile, W.R. Berkley (WRB - Free Report) is using its decentralized underwriting model to walk away from risks when pricing does not provide adequate returns. This approach allows W.R. Berkley to prioritize profitability over premium volume as competition increases across property and casualty markets.
Both RLI and Berkley are emphasizing risk selection over premium growth as pricing softens. Kinsale’s focus on small and mid-sized E&S accounts could help it target areas where pricing remains more attractive.
KNSL’s Price PerformanceShares of Kinsale Capital have declined 18.3% in a year against the industry’s 1.6% growth.
Image Source: Zacks Investment Research
KNSL’s OvervaluationThe stock is overvalued compared with its industry. It is currently trading at a price-to-book value multiple of 4.19, higher than the industry average of 1.43.
Image Source: Zacks Investment Research
KNSL’s Growth ProjectionThe Zacks Consensus Estimate for Kinsale’s 2026 earnings per share (EPS) indicates a year-over-year increase of 8.2%.
The consensus estimate for revenues is pegged at $1.98 billion, implying a year-over-year improvement of 5.5%.
The consensus estimate for 2027 EPS and revenues indicates an increase of 1.9% and 0.8%, respectively, from the corresponding 2026 estimates.
The Zacks Consensus Estimate for 2026 earnings moved 0.3% north while the 2027 metric has remained unchanged over the last 30 days.
Image Source: Zacks Investment Research
KNSL stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Bank of New York Mellon Corp ve 2. čtvrtletí koupila nový podíl v Kinsale Capital Group za zhruba 45,6 mil. USD a držela 0,61 % společnosti. Kinsale zároveň oznámila EPS 5,54 USD a tržby 548,52 mil. USD, obojí nad odhady.
Bank of New York Mellon Corp purchased a new stake in Kinsale Capital Group, Inc. (NYSE:KNSL – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 138,246 shares of the financial services provider’s stock, valued at approximately $45,595,000. Bank of New York Mellon Corp owned 0.61% of Kinsale Capital Group at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in KNSL. Isthmus Partners LLC acquired a new stake in Kinsale Capital Group in the 4th quarter valued at $8,110,000. Life Cycle Investment Partners Ltd acquired a new stake in Kinsale Capital Group in the 4th quarter valued at about $229,653,000. Stephens Investment Management Group LLC raised its position in Kinsale Capital Group by 37.7% in the 4th quarter. Stephens Investment Management Group LLC now owns 208,075 shares of the financial services provider’s stock worth $81,382,000 after purchasing an additional 56,916 shares during the last quarter. Handelsbanken Fonder AB raised its position in shares of Kinsale Capital Group by 9.6% during the fourth quarter. Handelsbanken Fonder AB now owns 57,000 shares of the financial services provider’s stock worth $22,294,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Cumberland Partners Ltd bought a new stake in Kinsale Capital Group during the 4th quarter worth about $2,347,000. Institutional investors and hedge funds own 85.36% of the company’s stock.
Analyst Upgrades and Downgrades A number of analysts recently weighed in on KNSL shares. Morgan Stanley increased their price target on shares of Kinsale Capital Group from $345.00 to $390.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 19th. Wells Fargo & Company raised their price target on Kinsale Capital Group from $366.00 to $377.00 and gave the stock an “equal weight” rating in a research report on Monday, July 27th. JPMorgan Chase & Co. lifted their price objective on Kinsale Capital Group from $380.00 to $390.00 and gave the company a “neutral” rating in a report on Monday, July 20th. Weiss Ratings upgraded Kinsale Capital Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 19th. Finally, TD Cowen restated a “hold” rating on shares of Kinsale Capital Group in a report on Tuesday, June 16th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Kinsale Capital Group has a consensus rating of “Reduce” and an average target price of $368.78.
Get Our Latest Report on KNSL Kinsale Capital Group Stock Down 1.4% KNSL stock opened at $381.66 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a market capitalization of $8.69 billion, a P/E ratio of 15.46, a P/E/G ratio of 1.22 and a beta of 0.89. Kinsale Capital Group, Inc. has a fifty-two week low of $287.20 and a fifty-two week high of $485.00. The business has a 50-day moving average of $352.95 and a 200-day moving average of $344.72.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $5.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.11 by $0.43. Kinsale Capital Group had a return on equity of 25.54% and a net margin of 28.49%.The business had revenue of $548.52 million for the quarter, compared to analyst estimates of $445.13 million. During the same quarter last year, the firm earned $4.78 EPS. Kinsale Capital Group’s revenue for the quarter was up 16.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Kinsale Capital Group, Inc. will post 21.1 earnings per share for the current fiscal year.
Kinsale Capital Group Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, September 14th. Investors of record on Friday, August 28th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a yield of 0.3%. Kinsale Capital Group’s dividend payout ratio (DPR) is 4.05%.
Insider Activity In related news, CAO Christopher R. Tangard bought 330 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were acquired at an average price of $304.00 per share, with a total value of $100,320.00. Following the completion of the transaction, the chief accounting officer owned 380 shares in the company, valued at $115,520. The trade was a 660.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.60% of the company’s stock.
(Free Report)
Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.
The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.
See Also Five stocks we like better than Kinsale Capital Group Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape SEC Probe Puts Wall Street Leverage Risk Back in Focus A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole Five Below’s Turnaround Is Working—But Has the Stock Run Too Far? Want to see what other hedge funds are holding KNSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinsale Capital Group, Inc. (NYSE:KNSL – Free Report).
Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.
Aurora Investment Counsel bought a new position in Kinsale Capital Group, Inc. (NYSE:KNSL – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,130 shares of the financial services provider’s stock, valued at approximately $2,352,000. Kinsale Capital Group accounts for 1.2% of Aurora Investment Counsel’s portfolio, making the stock its 23rd largest position.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC increased its position in Kinsale Capital Group by 76.2% during the 1st quarter. AQR Capital Management LLC now owns 835 shares of the financial services provider’s stock worth $397,000 after purchasing an additional 361 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Kinsale Capital Group by 72.9% in the second quarter. EverSource Wealth Advisors LLC now owns 102 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 43 shares during the period. Brown Advisory Inc. boosted its holdings in Kinsale Capital Group by 7.9% during the second quarter. Brown Advisory Inc. now owns 1,117 shares of the financial services provider’s stock worth $541,000 after buying an additional 82 shares in the last quarter. Jump Financial LLC grew its position in Kinsale Capital Group by 136.9% during the second quarter. Jump Financial LLC now owns 1,097 shares of the financial services provider’s stock worth $531,000 after buying an additional 634 shares during the period. Finally, Cerity Partners LLC increased its holdings in Kinsale Capital Group by 45.3% in the second quarter. Cerity Partners LLC now owns 5,021 shares of the financial services provider’s stock valued at $2,430,000 after buying an additional 1,566 shares in the last quarter. Hedge funds and other institutional investors own 85.36% of the company’s stock.
Insider Buying and Selling In other news, CAO Christopher R. Tangard acquired 330 shares of the stock in a transaction on Monday, June 8th. The stock was bought at an average price of $304.00 per share, with a total value of $100,320.00. Following the completion of the transaction, the chief accounting officer directly owned 380 shares of the company’s stock, valued at $115,520. The trade was a 660.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Salmaan K. Allibhai sold 250 shares of Kinsale Capital Group stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $311.17, for a total transaction of $77,792.50. Following the sale, the insider owned 3,645 shares in the company, valued at $1,134,214.65. This represents a 6.42% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.60% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth A number of research analysts have recently weighed in on KNSL shares. TD Cowen restated a “hold” rating on shares of Kinsale Capital Group in a research report on Tuesday, June 16th. Morgan Stanley boosted their price target on Kinsale Capital Group from $345.00 to $390.00 and gave the company an “equal weight” rating in a report on Wednesday. JPMorgan Chase & Co. increased their price objective on shares of Kinsale Capital Group from $380.00 to $390.00 and gave the stock a “neutral” rating in a report on Monday, July 20th. Wells Fargo & Company boosted their price objective on shares of Kinsale Capital Group from $366.00 to $377.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Finally, Wall Street Zen upgraded Kinsale Capital Group from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $368.78. Get Our Latest Research Report on KNSL
Kinsale Capital Group Trading Up 2.1% Shares of KNSL opened at $380.55 on Thursday. The stock’s 50-day moving average is $343.87 and its two-hundred day moving average is $345.39. The stock has a market cap of $8.67 billion, a PE ratio of 15.42, a P/E/G ratio of 1.18 and a beta of 0.89. Kinsale Capital Group, Inc. has a 12 month low of $287.20 and a 12 month high of $485.00. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.09 and a quick ratio of 0.09.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $5.54 earnings per share for the quarter, topping the consensus estimate of $5.11 by $0.43. Kinsale Capital Group had a return on equity of 25.54% and a net margin of 28.49%.The company had revenue of $548.52 million during the quarter, compared to the consensus estimate of $445.13 million. During the same quarter in the prior year, the business earned $4.78 earnings per share. The company’s revenue was up 16.8% compared to the same quarter last year. Equities analysts forecast that Kinsale Capital Group, Inc. will post 21.1 earnings per share for the current fiscal year.
Kinsale Capital Group Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Friday, August 28th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, August 28th. Kinsale Capital Group’s dividend payout ratio is currently 4.05%.
Kinsale Capital Group Company Profile (Free Report)
Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.
The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.
Further Reading Five stocks we like better than Kinsale Capital Group Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.
Kinsale Capital Group, Inc. (KNSL - Free Report) reported $548.52 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 16.8%. EPS of $5.54 for the same period compares to $4.78 a year ago.
The reported revenue represents a surprise of +12.31% over the Zacks Consensus Estimate of $488.4 million. With the consensus EPS estimate being $5.10, the EPS surprise was +8.63%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Kinsale Capital Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Expense Ratio: 21.7% versus the five-analyst average estimate of 21.4%.Combined Ratio: 75.5% compared to the 78.6% average estimate based on five analysts.Loss Ratio: 53.8% versus 57.3% estimated by five analysts on average.Revenues- Net investment income: $55.74 million compared to the $58.48 million average estimate based on five analysts. The reported number represents a change of +19.9% year over year.Revenues- Other income: $0.32 million compared to the $0.27 million average estimate based on five analysts. The reported number represents a change of +85.9% year over year.Revenues- Net Earned Premiums: $417.6 million versus $405.33 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +8.9% change.Revenues- Fee Income: $11.94 million versus the four-analyst average estimate of $11.65 million. The reported number represents a year-over-year change of +10.6%.View all Key Company Metrics for Kinsale Capital Group here>>>
Shares of Kinsale Capital Group have returned +4.9% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) is projected to post its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $5.09 per share and revenue of $445.1350 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:00 AM ET.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.41. The firm had revenue of $466.71 million during the quarter, compared to analysts’ expectations of $410.25 million. Kinsale Capital Group had a return on equity of 25.82% and a net margin of 27.48%.The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $3.71 EPS. On average, analysts expect Kinsale Capital Group to post $21 EPS for the current fiscal year and $22 EPS for the next fiscal year.
Kinsale Capital Group Price Performance NYSE:KNSL opened at $350.31 on Tuesday. The firm has a market cap of $8.08 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.11 and a beta of 0.90. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average is $318.62 and its two-hundred day moving average is $350.60. Kinsale Capital Group has a 12-month low of $287.20 and a 12-month high of $512.76.
Kinsale Capital Group Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Thursday, May 28th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.00 annualized dividend and a dividend yield of 0.3%. Kinsale Capital Group’s dividend payout ratio is presently 4.40%.
Insiders Place Their Bets In other news, insider Salmaan K. Allibhai sold 250 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $311.17, for a total value of $77,792.50. Following the transaction, the insider directly owned 3,645 shares in the company, valued at $1,134,214.65. This trade represents a 6.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael P. Kehoe sold 22,576 shares of Kinsale Capital Group stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $302.66, for a total transaction of $6,832,852.16. Following the transaction, the chief executive officer directly owned 308,048 shares in the company, valued at approximately $93,233,807.68. This trade represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.60% of the stock is currently owned by insiders.
Institutional Trading of Kinsale Capital Group A number of institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in shares of Kinsale Capital Group by 0.5% in the fourth quarter. Invesco Ltd. now owns 276,090 shares of the financial services provider’s stock worth $107,984,000 after buying an additional 1,366 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Kinsale Capital Group by 8.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,491 shares of the financial services provider’s stock worth $974,000 after acquiring an additional 201 shares during the period. Cim LLC boosted its holdings in Kinsale Capital Group by 4.5% in the 4th quarter. Cim LLC now owns 3,146 shares of the financial services provider’s stock worth $1,230,000 after acquiring an additional 136 shares during the period. Empowered Funds LLC grew its position in Kinsale Capital Group by 238.1% in the fourth quarter. Empowered Funds LLC now owns 8,497 shares of the financial services provider’s stock valued at $3,323,000 after acquiring an additional 5,984 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Kinsale Capital Group in the fourth quarter valued at approximately $4,409,000. 85.36% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes KNSL has been the topic of a number of recent analyst reports. Royal Bank Of Canada reduced their price target on Kinsale Capital Group from $385.00 to $375.00 and set a “sector perform” rating on the stock in a research note on Monday, April 27th. Wall Street Zen raised Kinsale Capital Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. upped their target price on Kinsale Capital Group from $380.00 to $390.00 and gave the company a “neutral” rating in a research note on Monday. Wells Fargo & Company increased their target price on Kinsale Capital Group from $357.00 to $366.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Finally, Truist Financial decreased their price target on Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $373.80.
View Our Latest Report on Kinsale Capital Group
Kinsale Capital Group Company Profile (Get Free Report)
Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.
The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.
Featured Articles Five stocks we like better than Kinsale Capital Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Kinsale Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinsale Capital Group and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINERyder System (R) Projected to Post Quarterly Earnings on Thursday
NEXT HEADLINE »BNP Paribas (BNPQY) Projected to Release Earnings on Thursday
KNSL těží ze silné poptávky na trhu E&S a nízkých dvouciferných růstů sazeb napříč byznysem. Firma navíc podpořila návrat kapitálu zpět zpětným odkupem akcií za 62,5 mil. USD v 1. čtvrtletí 2026.
Key Takeaways KNSL gains from strong E&S market demand and low double-digit rate increases across its business. Proprietary technology, analytics and disciplined underwriting support lower loss ratios, and profitability. KNSL combines dividend growth with share buyback, including $62.5 million of buybacks in first-quarter 2026. Kinsale Capital Group, Inc. (KNSL - Free Report) has been trading above its 50-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of July 2, 2026, was $354.85, down 30.8% from its 52-week high of $512.76.
The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.
Image Source: Zacks Investment Research
With a market capitalization of $8.18 billion, the average number of shares traded in the last three months was 0.3 million.
KNSL’s Price PerformanceShares of this property and casualty insurer have lost 25.5% over the past year against the industry’s 3.6% growth.
Image Source: Zacks Investment Research
KNSL Shares are OvervaluedKinsale Capital shares are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 4.16X is higher than the industry average of 1.45X.
American Financial Group, Inc. (AFG - Free Report) and Arch Capital Group Ltd. (ACGL - Free Report) shares are also trading at premiums of 2.54 and 1.56, respectively. However, shares of CNA Financial Corporation (CNA - Free Report) are trading at a multiple lower than the industry average. CNA Financial is trading at 1.27.
KNSL’s Growth Projection EncouragesThe Zacks Consensus Estimate for Kinsale Capital’s 2026 earnings per share indicates a year-over-year increase of 5.8%. The consensus estimate for revenues is pegged at $1.92 billion, implying a year-over-year improvement of 2.4%.
The consensus estimate for 2027 earnings per share and revenues indicates an increase of 5.4% and 5.8%, respectively, from the corresponding 2026 estimates.
Earnings have grown 38% in the past five years, better than the industry average of 22.7%. The expected long-term earnings growth rate is 15%, outperforming the industry average of 7.1%.
Kinsale Capital has an impressive Growth Score of B. This style score helps analyze the growth prospects of a company.
Earnings Surprise HistoryKinsale Capital surpassed earnings estimates in each of the last four quarters, the average being 8.88%.
KNSL’s Favorable Return on CapitalKinsale Capital’s return on equity (ROE) of 25.8% for the trailing 12 months compared favorably with the industry’s 7.4%, reflecting the company’s efficiency in utilizing shareholders’ funds. This insurer targets mid-teens ROE over the long term.
Also, return on invested capital (ROIC) has been increasing over the last few quarters as the company raised its capital investment over the same time frame, reflecting KNSL’s efficiency in utilizing funds to generate income. KNSL’s ROIC of 22.7% for the trailing 12 months compared favorably with the industry’s 5.7%.
Average Target Price for KNSL Suggests UpsideBased on short-term price targets offered by nine analysts, the Zacks average price target is $348.33 per share. The average suggests a potential 0.8% upside from the last closing price.
What’s Driving KNSL StockA strong presence across the excess and supply (E&S) market in the United States and high retention rates stemming from contract renewals should drive improved premiums. Management noted that the E&S market has grown significantly and generated better underwriting results than the broader P&C industry. It remains well-positioned to benefit from continued market dislocation, aiding improved submission flows and better pricing decisions.
KNSL has been successfully delivering improved margins and lower loss ratios. The insurer targets clients with small and medium-sized accounts with better pricing and is less prone to competition. Management estimates low double-digit rate increases across the book of business.
Kinsale Capital enjoys the best combination of high growth and low combined ratio among its peers. It targets a combined ratio in the mid-80s range over the long term.
KNSL is well-positioned to generate an improved expense ratio, given its proprietary technology platform, which is likely to provide it with a competitive edge over other industry players and scalability in business. The insurer drives profitability and operational efficiency using analytics.
Despite a low-interest-rate environment, investment income should benefit from the investment of excess operating funds.
Notably, its free cash flow conversion has remained more than 85% over the last few quarters, reflecting its solid earnings.
ConclusionKinsale Capital is poised to gain from its focus on the E&S market, prudent underwriting, lower expense ratio, growth in the investment portfolio and effective capital deployment.
The insurer has an impressive dividend history, increasing dividends since 2017 at an eight-year CAGR of 33%, riding on the strength of operational excellence that supports a solid capital position. As part of wealth distribution, Kinsale Capital repurchased $62.5 million worth of shares during the first quarter of 2026 and had $187.5 million remaining under its repurchase authorization as of March 31, 2026, supporting ongoing capital return alongside organic growth. All these shareholder-friendly moves make the stock an attractive investment pick.
However, given its expensive valuation, it is better to wait for some more time before taking a call on this Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
