Kinsale Capital Group: Hold Rating Amid Near-Term Revenue Growth Concerns and Long-Term Optimism

Kinsale Capital Group (KNSL – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael Zaremski from BMO Capital maintained a Hold rating on the stock and has a $429.00 price target.

Michael Zaremski has given his Hold rating due to a combination of factors affecting Kinsale Capital Group’s growth trajectory. The primary concern is the anticipated slowdown in revenue growth for 2025, which is expected to fall short of consensus expectations by 2-3 percentage points. This is largely due to pressures in the large account property sector that are likely to overshadow moderate pricing power.
However, Zaremski notes a positive outlook for 2026, with growth estimates rising significantly by 7%. This optimism is based on expectations of a recovery in the property market in the latter half of 2025 and an increase in casualty submission flow and pricing. Additionally, Kinsale’s return on equity is projected to exceed expectations, supported by reinsurance arbitrage and a strong reserves position. Despite a compelling long-term growth and earnings outlook, the near-term uncertainties justify the Hold rating.