Kingsway Financial Services Raises $2M via Preferred Stock

Kingsway Financial Services ( (KFS) ) just unveiled an announcement.

On May 8, 2025, Kingsway Financial Services Inc., a Delaware corporation, conducted a private placement of 80,000 shares of a newly created Class D Preferred Stock, raising $2,000,000. This stock, offered without registration under the Securities Act, features conversion options into common stock, preferential dividends, and specific redemption terms, positioning it as a senior class of capital stock. The issuance is expected to impact the company’s financial structure by introducing a new class of preferred stock with fixed, cumulative dividends and a liquidation preference, potentially affecting stakeholders’ interests and the company’s capital strategy.

Spark’s Take on KFS Stock

According to Spark, TipRanks’ AI Analyst, KFS is a Neutral.

Kingsway Financial Services scores a 55, reflecting significant financial challenges with high leverage and negative profitability despite strong gross margins. The technical analysis shows bullish momentum, but the valuation is concerning with a negative P/E ratio. The earnings call highlighted growth through acquisitions but also noted declines in profitability. Overall, while there is potential for growth, the company faces substantial risks.

To see Spark’s full report on KFS stock, click here.

More about Kingsway Financial Services

Average Trading Volume: 58,436

Technical Sentiment Signal: Buy

Current Market Cap: $283.6M

See more insights into KFS stock on TipRanks’ Stock Analysis page.