Tearsheet

Kingstone Companies (KINS)


Market Price (12/4/2025): $14.98 | Market Cap: $208.6 Mil
Sector: Financials | Industry: Property & Casualty Insurance

Kingstone Companies (KINS)


Market Price (12/4/2025): $14.98
Market Cap: $208.6 Mil
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.6%, FCF Yield is 32%
 
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -60%
 
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30%
 
3 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%
 
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.6%, FCF Yield is 32%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -60%
2 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30%
3 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 39%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%

Valuation, Metrics & Events

KINS Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for why Kingstone Companies (KINS) stock moved by 11.7% in the approximate time period from August 31, 2025, to December 4, 2025:

1. Strong Third Quarter 2025 Financial Performance: Kingstone Companies reported robust financial results for the third quarter ended September 30, 2025, with direct premiums written increasing by 13.8% to $75.8 million and net income rising by 55.8% to $10.9 million. The diluted earnings per share (EPS) of $0.74 significantly surpassed analyst expectations of $0.61.

2. Raised Profitability Outlook for Fiscal Year 2025: Following the strong Q3 results, Kingstone raised its profitability outlook for fiscal year 2025, with diluted EPS guidance increasing to a range of $2.20 to $2.60. This revised guidance reflects the company's confidence in its strategic direction and commitment to delivering long-term shareholder value.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
KINS Return-12%-23%-72%58%613%-2%109%
Peers Return4%27%11%16%31%12%151%
S&P 500 Return16%27%-19%24%23%16%112%

Monthly Win Rates [3]
KINS Win Rate50%33%42%33%92%50% 
Peers Win Rate60%57%53%62%68%58% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
KINS Max Drawdown-47%-28%-85%-21%-6%-13% 
Peers Max Drawdown-39%-6%-11%-14%-1%-7% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HIG, FNF, PGR, CB, TRV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique KeyEventKINSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-91.7%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven1108.3%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven638 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-51.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven104.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven321 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-67.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven203.1%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-98.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven7550.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven337 days1480 days

Compare to HIG, FNF, PGR, CB, TRV


In The Past

Kingstone Companies's stock fell -91.7% during the 2022 Inflation Shock from a high on 3/30/2021. A -91.7% loss requires a 1108.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Kingstone Companies (KINS)

Better Bets than Kingstone Companies (KINS)

Trade Ideas

Select past ideas related to KINS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
9.5%9.5%0.0%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.1%0.1%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.1%-0.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-7.7%-7.7%-11.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Kingstone Companies

Peers to compare with:

Financials

KINSHIGFNFPGRCBTRVMedian
NameKingston.Hartford.Fidelity.Progress.Chubb Traveler. 
Mkt Price14.98133.0458.19227.18295.05284.27180.11
Mkt Cap0.237.415.8133.2117.263.750.5
Rev LTM18627,69213,29782,37658,90048,40938,050
Op Inc LTM-------
FCF LTM695,8656,72716,47213,3219,9858,356
FCF 3Y Avg264,9226,25012,35013,4098,6827,466
CFO LTM725,9886,87216,80013,3219,9858,428
CFO 3Y Avg295,1096,38812,63413,4098,6827,535

Growth & Margins

KINSHIGFNFPGRCBTRVMedian
NameKingston.Hartford.Fidelity.Progress.Chubb Traveler. 
Rev Chg LTM29.7%6.9%7.4%21.5%6.7%6.7%7.1%
Rev Chg 3Y Avg10.8%8.6%-0.7%20.0%12.2%10.1%10.5%
Rev Chg Q43.3%6.4%16.8%21.3%8.2%4.8%12.5%
QoQ Delta Rev Chg LTM9.3%1.6%4.0%4.9%2.2%1.2%3.1%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM38.7%21.6%51.7%20.4%22.6%20.6%22.1%
CFO/Rev 3Y Avg16.3%19.6%51.9%18.0%24.8%19.4%19.5%
FCF/Rev LTM37.2%21.2%50.6%20.0%22.6%20.6%21.9%
FCF/Rev 3Y Avg14.7%18.9%50.8%17.6%24.8%19.4%19.1%

Valuation

KINSHIGFNFPGRCBTRVMedian
NameKingston.Hartford.Fidelity.Progress.Chubb Traveler. 
Mkt Cap0.237.415.8133.2117.263.750.5
P/S1.21.41.11.91.91.31.3
P/EBIT5.98.19.111.78.58.18.3
P/E7.810.514.215.011.610.711.1
P/CFO3.06.32.29.38.46.36.3
Total Yield12.8%11.1%10.6%8.5%10.0%10.2%10.4%
Dividend Yield0.0%1.6%3.6%1.8%1.3%0.8%1.4%
FCF Yield 3Y Avg2.1%15.8%50.1%10.3%12.9%17.2%14.4%
D/E0.00.10.30.00.20.10.1
Net D/E-0.6-0.5-1.8-0.0-0.2-1.4-0.5

Returns

KINSHIGFNFPGRCBTRVMedian
NameKingston.Hartford.Fidelity.Progress.Chubb Traveler. 
1M Rtn0.8%7.5%5.1%11.5%6.0%6.2%6.1%
3M Rtn11.6%0.4%-1.7%-7.9%6.4%3.2%1.8%
6M Rtn-1.2%4.9%9.4%-19.4%1.8%5.4%3.3%
12M Rtn-7.3%12.0%-4.2%-11.7%4.5%10.9%0.1%
3Y Rtn1,246.5%85.9%75.3%76.6%40.7%58.9%75.9%
1M Excs Rtn0.8%7.6%5.1%11.6%6.1%6.2%6.2%
3M Excs Rtn-1.3%-6.1%-8.2%-14.1%0.4%-3.2%-4.7%
6M Excs Rtn-15.9%-9.9%-5.3%-34.1%-12.9%-9.3%-11.4%
12M Excs Rtn-23.5%-3.4%-18.6%-27.3%-10.0%-4.9%-14.3%
3Y Excs Rtn1,263.4%16.1%-0.1%7.2%-29.7%-11.1%3.5%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date11142025
Short Interest: Shares Quantity720,939
Short Interest: % Change Since 10312025-0.7%
Average Daily Volume144,433
Days-to-Cover Short Interest4.99
Basic Shares Quantity13,925,707
Short % of Basic Shares5.2%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025814202510-Q 6/30/2025
3312025515202510-Q 3/31/2025
12312024318202510-K 12/31/2024
93020241114202410-Q 9/30/2024
6302024814202410-Q 6/30/2024
3312024515202410-Q 3/31/2024
12312023401202410-K 12/31/2023
93020231120202310-Q 9/30/2023
6302023814202310-Q 6/30/2023
3312023515202310-Q 3/31/2023
12312022331202310-K 12/31/2022
93020221114202210-Q 9/30/2022
6302022815202210-Q 6/30/2022
3312022516202210-Q 3/31/2022
12312021404202210-K 12/31/2021
93020211115202110-Q 9/30/2021