kingstone companies, inc. is the parent of kingstone insurance company, inc. (“kico”). founded in 1886, with its headquarters in kingston, new york, kico is a leading regional provider of insurance products for small and mid-sized businesses as well as for individuals. kico distributes its products exclusively through a network of select independent producers. kico was ranked #1 of the 81 insurers rated by the professional insurance agents association in its 2010 company performance survey. in addition, kingstone is the parent of payments, inc. a nys licensed insurance premium finance company kingstone companies, inc. trades under the symbol "kins" on the nasdaq stock exchange.
Company profile
Ticker
KINS
Exchange
Website
CEO
Barry B. Goldstein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DCAP GROUP INC, DCAP GROUP INC/, EXTECH CORP
SEC CIK
Corporate docs
IRS number
362476480
KINS stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
23 Apr 24
S-3/A
Shelf registration (amended)
18 Apr 24
8-K
Departure of Directors or Certain Officers
17 Apr 24
8-K
Departure of Directors or Certain Officers
10 Apr 24
S-3
Shelf registration
5 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Results of Operations and Financial Condition
27 Mar 24
8-K
Results of Operations and Financial Condition
27 Feb 24
8-K
Results of Operations and Financial Condition
8 Feb 24
8-K
Other Events
10 Jan 24
Transcripts
KINS
Earnings call transcript
2023 Q4
28 Mar 24
KINS
Earnings call transcript
2023 Q3
13 Nov 23
KINS
Earnings call transcript
2023 Q2
11 Aug 23
KINS
Earnings call transcript
2023 Q1
12 May 23
KINS
Earnings call transcript
2022 Q4
31 Mar 23
KINS
Earnings call transcript
2022 Q3
15 Nov 22
KINS
Earnings call transcript
2022 Q2
12 Aug 22
KINS
Earnings call transcript
2022 Q1
13 May 22
KINS
Earnings call transcript
2021 Q4
11 Mar 22
KINS
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 15.13 mm | 15.13 mm | 15.13 mm | 15.13 mm | 15.13 mm | 15.13 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.47 mm | 1.35 mm | (no burn) | 729.04 k |
Cash used (since last report) | n/a | n/a | 9.99 mm | 9.20 mm | n/a | 4.97 mm |
Cash remaining | n/a | n/a | 5.14 mm | 5.93 mm | n/a | 10.16 mm |
Runway (months of cash) | n/a | n/a | 3.5 | 4.4 | n/a | 13.9 |
Institutional ownership, Q3 2023
19.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 23 |
Opened positions | 3 |
Closed positions | 5 |
Increased positions | 2 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 2.14 bn |
Total shares | 2.15 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Griffin Highline Capital | 595.24 k | $985.00 k |
Gator Capital Management | 363.68 k | $650.99 mm |
Renaissance Technologies | 349.59 k | $626.00 k |
Vanguard | 328.20 k | $587.47 mm |
BLK Blackrock | 114.66 k | $205.24 mm |
Dimensional Fund Advisors | 103.10 k | $181.34 mm |
Advisor | 78.04 k | $139.69 mm |
Geode Capital Management | 74.53 k | $131.20 mm |
Bridgeway Capital Management | 37.15 k | $65.39 mm |
STT State Street | 29.83 k | $52.50 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 Apr 24 | Manmohan Singh | Common Stock | Grant | Acquire A | No | No | 0 | 8,728 | 0.00 | 8,728 |
5 Jan 24 | Jennifer Gravelle | Stock Option Common Stock | Grant | Acquire A | No | No | 2.25 | 10,000 | 22.50 k | 10,000 |
5 Jan 24 | Michelle A. Gage | Stock Option Common Stock | Grant | Acquire A | No | No | 2.25 | 5,000 | 11.25 k | 5,000 |
5 Jan 24 | Minlei Chen | Stock Option Common Stock | Grant | Acquire A | No | No | 2.25 | 10,000 | 22.50 k | 10,000 |
News
Kingstone Companies Q4 2023 Adj EPS $0.15 Beats $(0.08) Estimate, Sales $28.683M Miss $29.646M Estimate
27 Mar 24
Earnings Scheduled For March 27, 2024
27 Mar 24
Kingstone Companies's Earnings Outlook
26 Mar 24
Kingstone Insurance Company Announces Partnership With Zojacks To Mitigate Water Damage Risks
25 Mar 24
Insurance Stocks Moving In Thursday's Intraday Session
14 Mar 24
Press releases
Kingstone Announces Contract Extension for Chief Executive Officer Meryl Golden
17 Apr 24
Kingstone Announces Addition of Manmohan Singh to its Board of Directors
10 Apr 24
Kingstone Announces Fourth Quarter and Full Year 2023 Financial Results
27 Mar 24
Kingstone Insurance Company Announces Innovative Partnership Zojacks to Mitigate Water Damage Risks
25 Mar 24
Kingstone Insurance Company Announces Innovative Partnership with Zojacks to Mitigate Water Damage Risks
25 Mar 24