Kinsale Capital Group, Inc. (KNSL) Stock Drops Despite Market Gains: Important Facts to Note

Kinsale Capital Group, Inc. (KNSL) closed the latest trading day at $436.34, indicating a -0.41% change from the previous session's end. This move lagged the S&P 500's daily gain of 1%. On the other hand, the Dow registered a gain of 0.78%, and the technology-centric Nasdaq increased by 1.51%.Coming into today, shares of the company had lost 6.28% in the past month. In that same time, the Finance sector lost 0.44%, while the S&P 500 lost 2.14%.The investment community will be closely monitoring the performance of Kinsale Capital Group, Inc. in its forthcoming earnings report. In that report, analysts expect Kinsale Capital Group, Inc. to post earnings of $4.34 per share. This would mark year-over-year growth of 12.14%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $418.32 million, up 19.12% from the year-ago period.Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Kinsale Capital Group, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.82% lower. Kinsale Capital Group, Inc. is currently sporting a Zacks Rank of #3 (Hold).Digging into valuation, Kinsale Capital Group, Inc. currently has a Forward P/E ratio of 24.07. This denotes a premium relative to the industry's average Forward P/E of 11.68.We can additionally observe that KNSL currently boasts a PEG ratio of 1.6. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 1.44.The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 34, finds itself in the top 14% echelons of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow KNSL in the coming trading sessions, be sure to utilize Zacks.com.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kinsale Capital Group, Inc. (KNSL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks