Kinsale Capital Group (KNSL) AI Stock Analysis

• Market Cap: $10.27B
• Dividend Yield: 0.15%
• Average Volume (3M): 235.83K
• Price to Earnings (P/E): 23.0
• Beta (1Y): 0.37
• Revenue Growth: 21.51%
• EPS Growth: 20.03%
• Country: US
• Employees: 660
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 4.78
• Shares Outstanding: 23,300,001
• 10 Day Avg. Volume: 237,197
• 30 Day Avg. Volume: 235,830
• PEG Ratio: -1.07
• Price to Book (P/B): 6.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.71
• Enterprise Value/Market Cap: 1.06
• Enterprise Value/Revenue: 36.48
• Enterprise Value/Gross Profit: 445.72
• Enterprise Value/Ebitda: 587.25
• 1Y Price Target: $504.29
• Price Target Upside: 14.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 80 Outperform
• Price Target: $543.00 ▲(23.22%Upside)

Kinsale Capital Group's strong financial performance, characterized by significant revenue growth and robust profitability, is the primary driver of the stock's favorable score. While technical indicators show mixed short-term momentum, the company's strategic initiatives and solid financial metrics support its long-term potential. Valuation is reasonable, and despite challenges in certain segments, the company's strategic expansions and improved reinsurance terms are positive factors.

Positive Factors

Competitive Advantage

The proprietary technology platform of Kinsale enhances efficiency by quickening risk assessment and enabling brokers to swiftly bind policies.

Financial Performance

Kinsale has consistently exceeded EPS expectations for six consecutive quarters, highlighting the strength of its operating model.

Negative Factors

Market Competition

Increased competition and rate decreases have led to a decline in growth within Kinsale's commercial property division.

Top-line Growth

Kinsale's top-line growth has been declining for the sixth consecutive quarter, dropping to 5% in the latest period.

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 underwriting of insurance policies within the excess and surplus lines market. The company collects premiums from policyholders in exchange for providing coverage against specific risks. A significant portion of its revenue comes from underwriting profit, which is the difference between the premiums collected and the claims paid, along with associated expenses. Kinsale also earns investment income by investing the premiums received in a diversified portfolio of securities. The company's focus on niche markets allows it to charge higher premiums, reflecting the specialized nature of the risks insured. Additionally, Kinsale has developed strong relationships with independent insurance brokers, which help in effectively distributing its products and expanding its market reach.

Kinsale Capital Group Financial Statement Overview

Summary

Kinsale Capital Group exhibits strong financial performance with revenue growth of 29.61% and a robust net profit margin improvement from 25.17% to 26.13%. The balance sheet is solid with zero debt reliance and a strong equity ratio. Cash flow is excellent, with substantial free cash flow growth and effective cash generation from operations. Overall, the company is financially healthy, despite the absence of EBIT and EBITDA data for 2024.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.59B	1.22B	819.20M	639.78M	459.89M
Gross Profit	814.63M	1.22B	819.20M	639.78M	459.89M
EBITDA	524.85M	397.59M	202.57M	192.10M	102.16M
Net Income	414.84M	308.09M	159.11M	152.66M	88.42M
Balance Sheet
Total Assets	4.89B	3.77B	2.75B	2.03B	1.55B
Cash, Cash Equivalents and Short-Term Investments	3.65B	126.69M	1.96B	1.51B	1.16B
Total Debt	184.12M	183.85M	195.75M	42.70M	42.57M
Total Liabilities	3.40B	2.69B	2.00B	82.06M	970.66M
Stockholders Equity	1.48B	1.09B	745.45M	699.34M	576.24M
Cash Flow
Free Cash Flow	952.36M	853.23M	550.91M	401.12M	247.10M
Operating Cash Flow	976.30M	859.84M	557.82M	407.04M	279.97M
Investing Cash Flow	-960.13M	-860.89M	-708.57M	-351.95M	-379.43M
Financing Cash Flow	-29.66M	-28.52M	185.99M	-11.14M	76.14M

Kinsale Capital Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 440.69
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KNSL, the sentiment is Negative. The current price of 440.69 is below the 20-day moving average (MA) of 475.59, below the 50-day MA of 472.46, and below the 200-day MA of 464.04, indicating a bearish trend. The MACD of -5.62 indicates Positive momentum. The RSI at 32.15 is Neutral, neither overbought nor oversold. The STOCH value of 3.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KNSL.

Kinsale Capital Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNSL	80 Outperform	$10.27B	23.00	29.98%	0.15%	21.51%	20.03%
THG	76 Outperform	$6.16B	11.30	15.74%	2.07%	4.47%	102.98%
RLI	74 Outperform	$6.06B	18.88	19.49%	3.94%	10.29%	-4.70%
SIGI	70 Outperform	$4.74B	12.76	12.19%	1.91%	12.27%	66.53%
CNA	68 Neutral	$12.00B	13.50	8.98%	8.57%	6.34%	-28.19%
AFG	66 Neutral	$10.43B	13.12	18.51%	7.37%	3.76%	-9.12%
Sector *	65 Neutral	kr115.55B	28.08	6.10%	3.79%	14.35%	-15.23%

Kinsale Capital Group Corporate Events

Kinsale Capital Group Holds 2025 Annual Stockholders Meeting

Kinsale Capital Group, Inc. held its 2025 annual meeting of stockholders on May 22, 2025, where key decisions were made regarding the company’s governance and incentive plans. Stockholders approved the 2025 Omnibus Incentive Plan and an amendment to the Certificate of Incorporation to update the exculpation provision for certain officers, aligning with recent changes in Delaware law. Additionally, nine directors were elected, executive compensation was approved, and KPMG LLP was ratified as the independent auditor for the fiscal year ending December 31, 2025.

The most recent analyst rating on (KNSL) stock is a Hold with a $420.00 price target. To see the full list of analyst forecasts on Kinsale Capital Group stock, see the KNSL Stock Forecast page.