KNSL Stock Summary and Trading Ideas (Kinsale Cap Gr | NYSE:KNSL)

Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment which is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.

Kinsale Cap Gr trades on the NYSE stock market under the symbol KNSL.

As of May 3, 2024, KNSL stock price climbed to $382.37 with 197,813 million shares trading.

KNSL has a beta of 0.44, meaning it tends to be less sensitive to market movements. KNSL has a correlation of 0.01 to the broad based SPY ETF.

KNSL has a market cap of $8.90 billion. This is considered a Mid Cap stock.

Last quarter Kinsale Cap Gr reported $373 million in Revenue and $3.50 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.16.

In the last 3 years, KNSL stock traded as high as $548.47 and as low as $153.12.

The top ETF exchange traded funds that KNSL belongs to (by Net Assets): VTI, VB, IJH, VXF, VBK.

KNSL has underperformed the market in the last year with a price return of +16.6% while the SPY ETF gained +26.1%. KNSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.3% and -15.4%, respectively, while the SPY returned +3.7% and +2.4%, respectively.

KNSL support price is $363.76 and resistance is $382.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KNSL stock will trade within this expected range on the day.