Kinsale Capital Group (KNSL) AI Stock Analysis

• Market Cap: $9.29B
• Dividend Yield: 0.17%
• Average Volume (3M): 237.36K
• Price to Earnings (P/E): 19.6
• Beta (1Y): 0.23
• Revenue Growth: 18.13%
• EPS Growth: 15.69%
• Country: US
• Employees: 660
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 5.21
• Shares Outstanding: 23,263,426
• 10 Day Avg. Volume: 306,131
• 30 Day Avg. Volume: 237,363
• PEG Ratio: 0.76
• Price to Book (P/B): 7.26
• Price to Sales (P/S): 6.78
• P/FCF Ratio: 11.31
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 5.60
• Enterprise Value/Gross Profit: 13.00
• Enterprise Value/Ebitda: 16.59
• 1Y Price Target: $461.63
• Price Target Upside: 15.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): 19.02
• Revenue Forecast (FY): $1.64B

• Rating: 75 Outperform
• Price Target: $425.00 ▲(6.44% Upside)

Kinsale Capital Group's strong financial performance and positive earnings call are the most significant factors driving its stock score. The company's strategic initiatives, including technological advancements and a share repurchase program, further enhance its outlook. However, technical indicators suggest a bearish trend, and challenges in the Commercial Property segment need to be addressed for sustained growth.

Positive Factors

Revenue Growth

Consistent revenue growth reflects positive business momentum and expanding market reach, supporting long-term financial stability.

Technological Advancements

Investing in technology enhances operational efficiency and competitive positioning, enabling better service delivery and cost management.

Share Repurchase Program

The buyback program indicates confidence in the company's strategic direction and enhances shareholder value through disciplined capital allocation.

Negative Factors

Commercial Property Challenges

Declining premiums in the Commercial Property segment could hinder overall growth and require strategic adjustments to maintain profitability.

Expense Ratio Increase

Rising expense ratios can pressure margins, necessitating improved cost management to sustain profitability and competitive advantage.

Submission Growth Deceleration

Slower submission growth may indicate market saturation or competitive pressures, impacting future revenue expansion and market share gains.

Kinsale Capital Group Business Overview & Revenue Model

Company Description

Kinsale Capital Group, Inc., a specialty insurance company, provides property and casualty insurance products in the United States. The company's commercial lines offerings include construction, small business, excess and general casualty, commercial property, allied health, life sciences, energy, environmental, health care, inland marine, public entity, and commercial insurance, as well as product, professional, and management liability insurance. It markets and sells its insurance products in all 50 states, the District of Columbia, the Commonwealth of Puerto Rico, and the U.S. Virgin Islands primarily through a network of independent insurance brokers. The company was founded in 2009 and is headquartered in Richmond, Virginia.

How the Company Makes Money

Kinsale Capital Group generates revenue primarily through the premiums collected from its insurance policies. The company operates in the excess and surplus lines market, where it offers customized insurance products that often come with higher premiums due to the unique risks involved. Key revenue streams include underwriting profits from these policies and investment income from managing the reserves set aside for future claims. Additionally, Kinsale's focus on niche markets allows it to maintain higher margins compared to traditional insurers. Significant partnerships with brokers and agents also contribute to its earnings, enabling the company to reach a broader client base and enhance its market presence.

Kinsale Capital Group Financial Statement Overview

Summary

Kinsale Capital Group exhibits strong financial performance with impressive revenue growth and robust profitability. The balance sheet is solid with zero debt reliance, and cash flow generation is notably strong. However, the absence of EBIT and EBITDA figures for 2024 suggests some strategic changes.

Income Statement

Kinsale Capital Group displayed an impressive revenue growth rate of approximately 29.61% from 2023 to 2024. The company maintains a robust gross profit margin at 100%, given its business model in the insurance industry. Net profit margin improved significantly from 25.17% in 2023 to 26.13% in 2024, reflecting strong profitability. However, EBIT and EBITDA margins are not applicable for 2024, which may indicate a strategic change or reclassification of expenses.

Balance Sheet

The balance sheet is strong, with a debt-to-equity ratio of 0, highlighting no reliance on debt financing. Return on equity increased from 28.36% in 2023 to 27.96% in 2024, indicating efficient use of equity despite a slight decline. The equity ratio stands robust at 30.36% in 2024, suggesting a stable financial position with a healthy proportion of equity financing.

Cash Flow

Kinsale Capital Group's cash flow position is excellent, with a substantial free cash flow growth rate of 11.61% from 2023 to 2024. The operating cash flow to net income ratio is strong at 2.35, underscoring effective cash generation from operations. Additionally, the free cash flow to net income ratio of 2.30 highlights solid cash profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.80B	1.59B	1.22B	838.80M	653.47M	459.89M
Gross Profit	776.61M	680.44M	510.51M	287.13M	255.91M	142.31M
EBITDA	608.35M	530.65M	397.59M	202.57M	192.10M	102.16M
Net Income	474.09M	414.84M	308.09M	159.11M	152.66M	88.42M
Balance Sheet
Total Assets	5.83B	4.89B	3.77B	2.75B	2.03B	1.55B
Cash, Cash Equivalents and Short-Term Investments	2.35B	1.92B	126.69M	1.96B	1.51B	1.16B
Total Debt	199.33M	184.12M	183.85M	195.75M	85.39M	42.57M
Total Liabilities	3.97B	3.40B	2.69B	2.00B	1.33B	970.66M
Stockholders Equity	1.87B	1.48B	1.09B	745.45M	699.34M	576.24M
Cash Flow
Free Cash Flow	961.45M	952.36M	853.23M	550.91M	401.12M	247.10M
Operating Cash Flow	1.02B	976.30M	859.84M	557.82M	407.04M	279.97M
Investing Cash Flow	-900.88M	-960.13M	-860.89M	-708.57M	-351.95M	-379.43M
Financing Cash Flow	-55.97M	-29.66M	-28.52M	185.99M	-11.14M	76.14M

Kinsale Capital Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 399.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KNSL, the sentiment is Neutral. The current price of 399.29 is above the 20-day moving average (MA) of 379.80, below the 50-day MA of 401.89, and below the 200-day MA of 445.34, indicating a neutral trend. The MACD of -1.51 indicates Negative momentum. The RSI at 56.56 is Neutral, neither overbought nor oversold. The STOCH value of 80.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KNSL.

Kinsale Capital Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RLI	83 Outperform	$6.03B	17.19	19.49%	4.01%	3.72%	-16.23%
CNA	79 Outperform	$12.84B	12.96	9.03%	8.10%	5.41%	-23.52%
THG	77 Outperform	$6.57B	10.68	20.02%	1.98%	5.26%	72.46%
KNSL	75 Outperform	$9.29B	19.62	28.73%	0.17%	18.13%	15.69%
AXS	70 Neutral	$8.32B	8.79	16.27%	1.80%	6.37%	68.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AFG	67 Neutral	$11.46B	14.42	16.91%	6.75%	―	-10.75%

Kinsale Capital Group Corporate Events

Kinsale Capital Announces Share Repurchase Program

On December 11, 2025, Kinsale Capital Group, Inc. announced amendments to its Note Purchase and Private Shelf Agreement and its Credit Agreement, allowing for more flexibility in making Restricted Payments, provided no default events occur. Additionally, the company authorized a new $250 million share repurchase program, reflecting confidence in its strategic direction and operational execution, aiming to return excess capital to stockholders.

Kinsale Capital Announces Board and Executive Changes

On October 23, 2025, Kinsale Capital Group announced the election of Brian D. Haney to its Board of Directors, effective immediately, following his notification of retirement as President and Chief Operating Officer effective March 2, 2026. In conjunction with this transition, Michael P. Kehoe will assume the additional title of President, and Stuart P. Winston has been promoted to Executive Vice President, Chief Underwriting Officer. These changes are expected to maintain continuity and support the company’s growth and investor relations strategies.