Kinsale Capital Intrinsic Value – Kinsale Capital Group Set to Disclose Quarterly Earnings Results on Thursday, July 27th

🌥️Trending News

Kinsale Capital ($NYSE:KNSL) Group is a publicly traded specialty finance and insurance holding company based in Richmond, Virginia. Investors have been eagerly awaiting the quarterly earnings results of Kinsale Capital Group that are set to be revealed on Thursday, July 27th following the close of trading. Analysts expect that the company will report revenue and profit growth due to their strong focus on underwriting, managing and administering a variety of specialty insurance programs.

Additionally, investors will be looking for any updates on the company’s plans for future growth. Kinsale Capital Group’s earnings results will be closely watched by investors as they will provide a better indication of the company’s performance and outlook. Analysts and investors alike are hoping to gain insight into the financial health of the company as well as its plans for future growth. With such high expectations, it is sure to be an exciting announcement when the results are finally revealed on July 27th.

Earnings

According to the latest report of FY2023 Q1 ending March 31 2021, the company reported total revenue of 138.28M USD and net income of 32.08M USD. Compared to the same period in the previous year, there was a 23.3% decrease in total revenue, however, net income increased by 0.9%. KINSALE CAPITAL‘s total revenue has grown steadily over the last 3 years, reaching 256.94M USD in 2021. Investors will be looking forward to the results of the quarterly earnings report to gain insight into the company’s performance and assess its future prospects.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Kinsale Capital. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Kinsale Capital. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Kinsale Capital. More…

Key Ratios Snapshot

Some of the financial key ratios for Kinsale Capital are shown below. More…

Market Price

On Friday, KINSALE CAPITAL‘s stock opened at $387.4 and closed at $382.6, representing a decrease of 0.6% from its last closing price of 384.8. Investors are eagerly awaiting the company’s financial report to get a better idea of how the company has been performing financially so far this quarter. Analysts are expecting the report to provide insight into the group’s performance and outlook going forward. With the current market volatility, it is important to understand how KINSALE CAPITAL is positioned in order to make an informed investment decision. Live Quote…

Analysis – Kinsale Capital Intrinsic Value

At GoodWhale, we specialize in providing comprehensive financial analysis for companies like KINSALE CAPITAL. After analyzing KINSALE CAPITAL’s financials, our proprietary Valuation Line determined the fair value of the stock to be around $304.9. However, KINSALE CAPITAL is currently trading at $382.6, which is an overvaluation of 25.5%. This discrepancy shows potential investing opportunities for those paying attention. Therefore, if you are considering investing in KINSALE CAPITAL, it may be worth taking a closer look at our report and evaluating whether or not the current market price is justified. More…

Peers

The company has a strong presence in the US market and is one of the leading providers of insurance and reinsurance products in the world. The company has a strong competition with ProAssurance Corp, National Security Group Inc, United Fire Group Inc.

– ProAssurance Corp ($NYSE:PRA)

ProAssurance Corporation is a holding company for five property and casualty insurance companies. The Company provides professional liability insurance for healthcare professionals and facilities, lawyers, architects, accountants and other business professionals, and also offers workers’ compensation insurance and product liability insurance. ProAssurance has offices in Alabama, Arizona, Colorado, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, Tennessee and Texas.

– National Security Group Inc ($NASDAQ:UFCS)

United Fire Group, Inc., through its subsidiaries, engages in the business of writing property and casualty insurance, and providing services related to the insurance business in the United States. The company operates in two segments, Property and Casualty Insurance, and Reinsurance. The Property and Casualty Insurance segment offers a range of insurance products, including commercial multi-peril, workers’ compensation, commercial automobile, and homeowners insurance products; and specialty insurance products, such as surety, inland marine, farmowners, and other lines. This segment also provides loss control and risk management services. The Reinsurance segment comprises the operations of United Fire & Casualty Company’s domestic and international reinsurance subsidiaries. United Fire Group, Inc. was founded in 1834 and is headquartered in Cedar Rapids, Iowa.

Summary

Investors will be closely monitoring the report to gain insight into the company’s performance. The report is expected to provide information on Kinsale Capital‘s recent gains and losses, as well as an overview of the current state of their investments. Analysts are anticipating strong results given the company’s long-term success in the market, and their prudent approach to investments. Expectations are high for Kinsale Capital Group, and investors will be keen to see if they can continue their recent positive trends.