Kingstone Q4 net income rises, premiums up

Kingstone Companies

05/03/2026 21:30

Overview

Insurance firm's Q4 net income rose 171.4%, with a net combined ratio of 64.2%

FY 2025 net premiums earned grew 46%, driven by structural improvements

Outlook

Kingstone expects 2026 direct premiums written growth of 16% to 20%

Company forecasts 2026 net combined ratio between 81% and 86%

Result Drivers

RISK SELECTION - Improved risk selection through Select policies drove lower claim frequency

OPERATING EFFICIENCY - Enhanced operating efficiency reduced net expense ratio from 41% in 2021 to 30% in 2025

Company press release: ID:nGNXbsnl27

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$1.03
Q4 Combined Ratio
64.2%


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Kingstone Companies Inc is $21.50, about 30.3% above its March 4 closing price of $16.50

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)