Kinsale Capital Group (KNSL) AI Stock Analysis

• Market Cap: $9.26B
• Dividend Yield: 0.17%
• Average Volume (3M): 289.11K
• Price to Earnings (P/E): 19.6
• Beta (1Y): 0.26
• 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: 325,690
• 30 Day Avg. Volume: 289,112
• 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: 7.73
• Enterprise Value/Ebitda: 11.95
• 1Y Price Target: $474.00
• Price Target Upside: 20.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): 19.04
• Revenue Forecast (FY): $1.64B

• Rating: 72 Outperform
• Price Target: $469.00 ▲(19.19% Upside)

Kinsale Capital Group's overall stock score is driven by its strong financial performance and positive earnings call insights. However, technical analysis indicates bearish momentum, and valuation metrics suggest limited dividend income potential. The company's strategic initiatives and technological advancements are promising, but challenges in the Commercial Property segment pose risks.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market penetration and product demand, supporting long-term business expansion and profitability.

Balance Sheet Health

A debt-free balance sheet enhances financial stability and flexibility, allowing the company to invest in growth opportunities without financial strain.

Technological Advancements

Investing in technology enhances operational efficiency and competitive positioning, supporting sustainable growth and innovation.

Negative Factors

Commercial Property Challenges

Declining premiums in the Commercial Property segment could impact revenue growth and profitability, posing a challenge to overall business performance.

Expense Ratio Increase

An increasing expense ratio can pressure margins and reduce profitability, potentially affecting the company's ability to invest in growth initiatives.

Submission Growth Deceleration

Slowing submission growth may indicate market saturation or competitive pressures, which could hinder future revenue expansion and market share gains.

Kinsale Capital Group Business Overview & Revenue Model

Company Description

Kinsale Capital Group (KNSL) is a specialty insurance company that primarily focuses on providing excess and surplus lines insurance products. The company operates in the property and casualty insurance sector, offering coverage for a wide range of risks, including commercial liability, property, and professional liability insurance. Kinsale aims to meet the unique needs of niche markets through its innovative underwriting practices and responsive service, catering to both individual and business clients.

How the Company Makes Money

Kinsale Capital Group generates revenue primarily through the underwriting of insurance premiums from its diverse portfolio of specialty insurance products. The company earns money by collecting premiums from policyholders, which are then invested to generate additional income. Key revenue streams include commercial general liability, property insurance, and professional liability coverage, among others. The company also benefits from favorable loss ratios, which enhance profitability. Partnerships with brokers and agents are significant as they help expand Kinsale's market reach, allowing the company to tap into various niche markets and increase its policyholder base, contributing to overall earnings.

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	819.20M	639.78M	459.89M
Gross Profit	1.31B	814.63M	1.22B	819.20M	639.78M	459.89M
EBITDA	845.00M	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	4.34B	3.65B	126.69M	1.96B	1.51B	1.16B
Total Debt	199.33M	184.12M	183.85M	195.75M	42.70M	42.57M
Total Liabilities	3.97B	3.40B	2.69B	2.00B	82.06M	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: Negative
• Last Price: 393.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 393.49 is below the 20-day moving average (MA) of 418.71, below the 50-day MA of 433.43, and below the 200-day MA of 454.60, indicating a bearish trend. The MACD of -15.06 indicates Positive momentum. The RSI at 36.13 is Neutral, neither overbought nor oversold. The STOCH value of 31.82 is Neutral, 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
AFG	76 Outperform	$11.93B	15.00	16.91%	6.86%	―	-10.75%
THG	75 Outperform	$6.46B	10.49	20.02%	1.99%	5.26%	72.46%
RLI	74 Outperform	$5.67B	16.17	19.49%	4.21%	3.72%	-16.23%
KNSL	72 Outperform	$9.26B	19.57	28.73%	0.17%	18.13%	15.69%
CNA	69 Neutral	$12.00B	12.12	9.03%	8.57%	5.41%	-23.52%
AXS	68 Neutral	$7.68B	8.12	16.27%	1.75%	6.37%	68.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Kinsale Capital Group Corporate Events

Kinsale Capital Group’s Earnings Call Highlights Growth and Challenges

Kinsale Capital Group’s latest earnings call reflected a generally positive sentiment, highlighting robust growth in earnings per share and book value. The company showcased significant advancements in technology and management structure, although challenges persist in the Commercial Property segment with declining premiums and a higher expense ratio. Despite these hurdles, Kinsale appears well-equipped to navigate the landscape with a strong financial foundation and strategic leadership changes.

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.

The most recent analyst rating on (KNSL) stock is a Hold with a $490.00 price target. To see the full list of analyst forecasts on Kinsale Capital Group stock, see the KNSL Stock Forecast page.