Kingstone Companies

Kingstone Cos., Inc. operates as a holding company, which engages in the provision of property and casualty insurance policies to individuals and small businesses through its subsidiary. Its writing business are carried through independent retail and wholesale agents and brokers. The company was founded in 1886 and is headquartered in Kingston, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Kingstone Companies (KINS) reports profitable Q1, poised for strategic growth

Kingstone Companies' Q1 2024 earnings call highlighted strong financial performance, strategic initiatives driving profitability, and positive outlook for growth.
The company's focus on operational efficiency, product innovation, and risk management positions it well for future success despite market challenges.
Investors can be optimistic about Kingstone's ability to deliver sustained growth and value creation based on the reported results and strategic direction.

Kingstone Companies (KINS) reports record profits and eyes market expansion

Kingstone Companies (KINS) delivered impressive financial results in Q2 2024, showcasing strong profitability and operational efficiency. The company's strategic focus on profitable growth and improved underwriting performance bodes well for its future prospects.
With a positive outlook for premium growth and earnings per share, Kingstone is well-positioned to capitalize on emerging opportunities in the insurance market while addressing key challenges to sustain its growth trajectory.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Does Kingstone Companies, Inc (KINS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Kingstone Companies, Inc (KINS) Is Up 6.65% in One Week: What You Should Know

Kingstone Companies (KINS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Kingstone Companies, Inc (KINS) Reports Next Week: Wall Street Expects Earnings Growth

KINGSTON, NY / ACCESSWIRE / October 29, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today certain preliminary financial results for its third quarter and nine months ended September 30, 2024, and announced that it will hold its third quarter 2024 financial results conference call on Wednesday, November 13, 2024, at 8:30 a.m. Eastern Time.

Kingstone Announces Record Operating Profitability and Growth and Schedules Third Quarter 2024 Conference Call

Kingstone Companies (KINS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Kingstone Companies (KINS): Can Its 6.6% Jump Turn into More Strength?

KINGSTON, NY / ACCESSWIRE / September 3, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today that it has entered into a new Note Exchange Agreement (the "Exchange Agreement") with its existing noteholders to refinance its outstanding 12% Senior Notes in the aggregate principal amount of $19.95 million due on December 30, 2024 (the "Existing Notes"). Pursuant to the Exchange Agreement, Kingstone will issue to the noteholders, in exchange for their Existing Notes, new 13.75% Senior Notes due June 30, 2026, in the aggregate principal amount of $14.95 million along with cash totaling $5 million.

Kingstone Reduces Debt By 25% and Extends Maturity to June 2026

KINGSTON, NY / ACCESSWIRE / August 29, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today that Barry Goldstein, its long-time Chairman of the Board of Directors, will retire effective Tuesday, September 10, 2024. Thomas Newgarden, who joined the Company's board earlier this year, will become Kingstone's Non-Executive Chairman concurrent with Mr.

Kingstone Chairman Barry Goldstein Announces His Retirement

Kingstone Companies, Inc. (NASDAQ:KINS ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Karin Daly - Vice President, The Equity Group Inc. Meryl Golden - Chief Executive Officer Jennifer Gravelle - Chief Financial Officer Conference Call Participants Robert Farnam - Janney Montgomery Scott Jonathan Old - Long Meadow Investors Operator Greetings, and welcome to the Kingstone Company's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Kingstone Companies, Inc. (KINS) Q2 2024 Earnings Call Transcript

Raises 2024 Guidance and Unveils Initial 2025 Guidance KINGSTON, NY / ACCESSWIRE / August 12, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced its financial results for the second quarter ended June 30, 2024. The Company will hold its second quarter 2024 financial results conference call on Tuesday, August 13, 2024, at 8:30 a.m.

Kingstone Reports Double-Digit Premium Growth in Core Business and Third Consecutive Quarter of Net Income

KINGSTON, NY / ACCESSWIRE / August 7, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced the results of its annual meeting of stockholders, held today at the Company's headquarters in Kingston, New York. At the meeting: The Company's eight directors, Barry B.

Kingstone Stockholders Approve Company Proposals at Annual Meeting

KINGSTON, NY / ACCESSWIRE / July 29, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today certain preliminary financial results for its second quarter and six months ended June 30, 2024, and announced that it will hold its second quarter 2024 financial results conference call on Tuesday, August 13, 2024, at 8:30 a.m. Eastern Time.

Kingstone Announces Third Consecutive Profitable Quarter as Company Turnaround Takes Hold and Schedules Second Quarter 2024 Conference Call

KINGSTON, NY / ACCESSWIRE / July 22, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today issued the following open letter to stockholders regarding changes in its market opportunity: Dear Shareholders, As we enter the second half of the year, I want to update you on our progress and alert you to material changes in the competitive landscape of the New York property market which represents a previously unforeseen and highly significant opportunity for our company to grow and prosper. Our strategy to focus on our Core state of New York is well understood.

2024 Mid-Year Letter from the CEO: Focusing on Profitable Growth

KINGSTON, NY / ACCESSWIRE / June 20, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that its catastrophe reinsurance program for the period July 1, 2024 through June 30, 2025 has been finalized. Jennifer Gravelle, Chief Financial Officer at Kingstone, stated, "I am delighted to share that Kingstone has finalized its 2024/2025 catastrophe reinsurance placement.

Kingstone Announces 2024/2025 Catastrophe Reinsurance Treaty Savings of $6 Million

KINGSTON, NY / ACCESSWIRE / June 18, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced the appointment of Thomas "Tom" Newgarden to its Board of Directors. "We are pleased to announce the addition of Mr.

Kingstone Announces Addition of Thomas Newgarden to its Board of Directors

KINGSTON, NY / ACCESSWIRE / June 12, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that it has entered into an agreement with ClaimTouch Analytics Inc. ("ClaimTouch"), a pioneering technology company, to leverage artificial intelligence ("AI"), machine learning, and big data in identifying leakage and optimizing the settlement process for content claims. "We are pleased to announce our agreement with ClaimTouch as part of our ongoing commitment in providing innovative solutions to our valued policyholders," said Dave Fernandez, Chief Claims Officer of Kingstone Insurance Company.

Kingstone Insurance Company Announces Agreement with ClaimTouch to Enhance Contents Claims Management

KINGSTON, NY / ACCESSWIRE / June 6, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that the 2024 Annual Meeting of Stockholders ("Annual Meeting") will be held on Wednesday, August 7, 2024, at 15 Joys Lane, Kingston, New York 12401, beginning at 9:00 a.m. ET. Stockholders of record as of the close of business on Friday, June 14, 2024, will be entitled to notice of and to vote at the Annual Meeting.

Kingstone Announces Date for 2024 Annual Meeting of Stockholders

Kingstone Companies, Inc. (NASDAQ:KINS ) Q1 2024 Earnings Conference Call May 14, 2024 8:30 AM ET Company Participants Karin Daly – Vice President, The Equity Group Inc. Meryl Golden – Chief Executive Officer Jennifer Gravelle – Chief Financial Officer Conference Call Participants David Eidelman – Daytona Street Capital Bob Farnum – Janney Montgomery Scott Operator Greetings and welcome to the Kingstone Company's First Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.

Kingstone Companies, Inc. (KINS) Q1 2024 Earnings Call Transcript

Achieves Double-Digit Core Business Premium Growth; Raises 2024 Guidance KINGSTON, NY / ACCESSWIRE / May 13, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced its financial results for the first quarter ended March 31, 2024. The Company will hold its first quarter 2024 financial results conference call on Tuesday, May 14, 2024, at 8:30 a.m.

Kingstone Reports Second Consecutive Quarter of Net Income; Highest First Quarter Profitability in Seven Years

Continuation of Profitable Performance and Material Reduction in Non-Core Policies-In-Force KINGSTON, NY / ACCESSWIRE / April 29, 2024 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today certain preliminary financial results for its first quarter ended March 31, 2024, and announced that it will hold its first quarter 2024 financial results conference call on Tuesday, May 14, 2024, at 8:30 a.m. Eastern Time.

Kingstone Announces Certain Preliminary First Quarter 2024 Results and Schedules Conference Call

KINGSTON, NY / ACCESSWIRE / April 17, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced that its Board of Directors has agreed with Meryl Golden, Chief Executive Officer, to extend the term of her employment agreement another two years, through December 31, 2026. Ms. Golden's initial term was set to expire December 31, 2024.

Kingstone Announces Contract Extension for Chief Executive Officer Meryl Golden

KINGSTON, NY / ACCESSWIRE / April 10, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced the appointment of Manmohan "Manu" Singh to its Board of Directors. Mr. Singh's appointment was in accordance with the terms outlined in an agreement between the Company and certain noteholders, pursuant to which the noteholders have the right to nominate one person to serve as a member of the Company's Board of Directors.

Kingstone Announces Addition of Manmohan Singh to its Board of Directors

Kingstone Companies, Inc. (KINS) Q4 2023 Earnings Call Transcript

Returns to Profitability and Achieves Combined Ratio of 89.5% in 4Q23; Issues Initial Guidance for FY2024 KINGSTON, NY / ACCESSWIRE / March 27, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced its financial results for the fourth quarter and full year ended December 31, 2023. The Company will hold its fourth quarter and full-year 2023 financial results conference call on Thursday, March 28, 2024, at 8:30 a.m.

Kingstone Announces Fourth Quarter and Full Year 2023 Financial Results

KINGSTON, NY / ACCESSWIRE / March 25, 2024 / Kingstone Insurance Company, a subsidiary of Kingstone Companies, Inc. (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company, today announced that it has partnered with Zojacks, a pioneering technology company specializing in water leak detection solutions. The partnership aims to offer enhanced protection to Kingstone policyholders, providing a solution to assist them in protecting their homes and mitigating risks associated with burdensome water-related claims.

Kingstone Insurance Company Announces Innovative Partnership Zojacks to Mitigate Water Damage Risks

KINGSTON, NY , March 25, 2024 /PRNewswire/ - Kingstone Insurance Company , a subsidiary of Kingstone Companies, Inc. (Nasdaq: KINS), a Northeast regional property and casualty insurance holding company, today announced that it has partnered with Zojacks , a pioneering technology company specializing in water leak detection solutions. The partnership aims to offer enhanced protection to Kingstone policyholders, providing a solution to assist them in protecting their homes and mitigating risks associated with burdensome water-related claims.

Kingstone Insurance Company Announces Innovative Partnership with Zojacks to Mitigate Water Damage Risks

The Company Expects to Report Return to Profitability in the Fourth Quarter of 2023 with Continued Material Reduction in Non-Core Policies-In-Force and No Fourth Quarter Prior-Year Loss Reserve Development KINGSTON, NY / ACCESSWIRE / February 27, 2024 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced today certain preliminary financial results for its fourth quarter ended December 31, 2023, and announced that it will hold its fourth quarter and year-end 2023 financial results conference call on Thursday, March 28, 2024, at 8:30 a.m. Eastern Time.

News for Kingstone Companies Stock (KINS)