kingsway is a holding company functioning as a merchant bank with a focus on long-term value-creation. the company owns or controls stakes in several insurance industry assets and utilizes its subsidiaries, 1347 advisors llc and 1347 capital llc, to pursue opportunities acting as an advisor, an investor and a financier. the common shares of kingsway are listed on the toronto stock exchange and the new york stock exchange under the trading symbol “kfs.”
Company profile
Ticker
KFS
Exchange
Website
CEO
John T. Fitzgerald
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Kingsway America II Inc. • Kingsway General Insurance Company • Kingsway Reinsurance Corporation • Kingsway America Inc. • CMC Acquisition LLC • CMC Industries Inc • Texas Rail Terminal LLC • TRT Leaseco, LLC • Argo Holdings • Argo Management Group, LLC ...
IRS number
999999999
KFS stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
10 Apr 24
DEFA14A
Additional proxy soliciting materials
10 Apr 24
DEF 14A
Definitive proxy
10 Apr 24
8-K
Other Events
22 Mar 24
8-K
Kingsway Reports Full Year 2023 Financial Results
5 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Regulation FD Disclosure
16 Jan 24
8-K
Termination of a Material Definitive Agreement
29 Dec 23
8-K
Kingsway Reports Third Quarter 2023 Financial Results
7 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
Latest ownership filings
4
John Taylor Maloney Fitzgerald
16 Apr 24
4
Kent A Hansen
16 Apr 24
4
Kent A Hansen
2 Apr 24
4
John Taylor Maloney Fitzgerald
2 Apr 24
4
John Taylor Maloney Fitzgerald
29 Mar 24
4
Kent A Hansen
28 Mar 24
4
Kent A Hansen
19 Mar 24
4
John Taylor Maloney Fitzgerald
19 Mar 24
4
ASSOCIATES L P STILWELL
12 Mar 24
4
Kent A Hansen
1 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 29.29 mm | 29.29 mm | 29.29 mm | 29.29 mm | 29.29 mm | 29.29 mm |
Cash burn (monthly) | (no burn) | 2.49 mm | 299.67 k | (no burn) | 278.33 k | 2.75 mm |
Cash used (since last report) | n/a | 17.03 mm | 2.05 mm | n/a | 1.91 mm | 18.87 mm |
Cash remaining | n/a | 12.26 mm | 27.23 mm | n/a | 27.38 mm | 10.41 mm |
Runway (months of cash) | n/a | 4.9 | 90.9 | n/a | 98.4 | 3.8 |
Institutional ownership, Q2 2023
72.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 45 |
Opened positions | 16 |
Closed positions | 10 |
Increased positions | 12 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 83.72 bn |
Total shares | 20.44 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Stilwell Joseph | 7.61 mm | $64.90 mm |
Stilwell Value | 7.45 mm | $60.68 bn |
David Capital Partners | 1.91 mm | $0.00 |
Wasatch Advisors | 712.42 k | $5.81 bn |
Vanguard | 659.53 k | $5.38 bn |
BLK Blackrock | 434.44 k | $3.54 bn |
Greenhaven Road Investment Management | 319.75 k | $26.06 mm |
Renaissance Technologies | 310.82 k | $2.53 mm |
Geode Capital Management | 258.69 k | $2.11 bn |
STT State Street | 118.53 k | $966.05 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Kent A Hansen | Common Stock | Buy | Acquire P | No | No | 8.44 | 185 | 1.56 k | 124,406 |
15 Apr 24 | John Taylor Maloney Fitzgerald | Common Stock | Buy | Acquire P | No | No | 8.44 | 296 | 2.50 k | 1,565,410 |
1 Apr 24 | Kent A Hansen | Common Stock | Buy | Acquire P | No | No | 8.27 | 189 | 1.56 k | 124,221 |
1 Apr 24 | John Taylor Maloney Fitzgerald | Common Stock | Buy | Acquire P | No | No | 8.27 | 302 | 2.50 k | 1,565,114 |
28 Mar 24 | John Taylor Maloney Fitzgerald | Common Stock | Payment of exercise | Dispose F | No | No | 8.34 | 221,104 | 1.84 mm | 1,564,812 |
Press releases
Kingsway Announces Fireside Chat With Will Thorndike at Its Investor Day at the New York Stock Exchange on Monday, May 20, 2024
24 Apr 24
Kingsway to Host Investor Day at the New York Stock Exchange on Monday, May 20, 2024
9 Apr 24
Kingsway Reports Full Year 2023 Financial Results
5 Mar 24
Kingsway to Report Financial Results for Full Year 2023 on March 5, 2024
29 Feb 24