
KNSL Stock Forecast & Price Target
KNSL Analyst Ratings
Bulls say
Kinsale Capital Group Inc. demonstrated a solid performance in FY'24, with book value per share increasing by 3.5% to reach $63.75, indicating a positive trend in shareholder equity. The company experienced a 13.0% rise in net written premiums, amounting to $346.1 million, supported by significant growth in casualty premiums of 15% and property premiums of 6%. Additionally, net investment income surged by 37.8% year over year to $41.9 million, showcasing effective investment strategies that contribute to the overall financial strength of the company.
Bears say
The analysis indicates a negative outlook for Kinsale Capital Group Inc. due to a deceleration in premium growth and increasing competition within the property and casualty insurance sector, which has exacerbated margin comparisons. The company's downside scenario projects a significant contraction in valuation metrics, reflecting concerns over sluggish economic growth and unfavorable pricing trends that could lead to a deterioration of the combined ratio. Furthermore, the risks associated with industry-wide pricing deterioration, potential catastrophic losses in its property business, and adverse reserve development add to the unfavorable financial landscape for the company.
This aggregate rating is based on analysts' research of Kinsale Capital Group and is not a guaranteed prediction by Public.com or investment advice.
KNSL Analyst Forecast & Price Prediction
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