Kingstone Companies, Inc (NASDAQ:KINS) declared a quarterly dividend on Friday, May 12th, Wall Street Journal reports. Investors of record on Wednesday, May 31st will be paid a dividend of 0.08 per share by the insurance provider on Thursday, June 15th. This represents a $0.32 annualized dividend and a yield of 2.04%. The ex-dividend date is Friday, May 26th. This is a positive change from Kingstone Companies’s previous quarterly dividend of $0.06.
Kingstone Companies (KINS) traded up 1.29% during trading on Tuesday, hitting $15.65. The stock had a trading volume of 26,138 shares. The firm’s 50-day moving average price is $14.88 and its 200-day moving average price is $14.17. The stock has a market cap of $166.25 million, a PE ratio of 13.38 and a beta of 0.71. Kingstone Companies has a 1-year low of $8.34 and a 1-year high of $16.10.
Kingstone Companies (NASDAQ:KINS) last announced its quarterly earnings data on Thursday, May 11th. The insurance provider reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. Kingstone Companies had a return on equity of 15.00% and a net margin of 12.34%. The company had revenue of $16.37 million during the quarter, compared to the consensus estimate of $16.80 million. During the same quarter in the prior year, the firm earned $0.07 EPS. The company’s quarterly revenue was up 12.7% compared to the same quarter last year. On average, equities research analysts predict that Kingstone Companies will post $1.13 earnings per share for the current fiscal year.
A number of equities research analysts have recently commented on the company. Zacks Investment Research downgraded Kingstone Companies from a “hold” rating to a “sell” rating in a research report on Tuesday, June 13th. Boenning Scattergood started coverage on Kingstone Companies in a report on Tuesday, April 11th. They issued an “outperform” rating and a $17.00 target price for the company. Finally, ValuEngine upgraded Kingstone Companies from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 6th.
ILLEGAL ACTIVITY NOTICE: This piece was originally published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://sportsperspectives.com/2017/06/20/kingstone-companies-inc-kins-to-go-ex-dividend-on-may-26th-updated-updated-updated-updated.html.
Kingstone Companies Company Profile
Kingstone Companies, Inc offers property and casualty insurance products to small businesses and individuals in New York State. The Company offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. The Company operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers.
Receive News & Ratings for Kingstone Companies Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kingstone Companies Inc and related companies with MarketBeat.com's FREE daily email newsletter.