
KNSL Stock Forecast & Price Target
KNSL Analyst Ratings
Bulls say
Kinsale Capital Group Inc. exhibited solid financial performance, with book value per share increasing by 3.5% sequentially, concluding FY'24 at $63.75. The company's net written premiums experienced a robust growth of 13.0%, reaching $346.1 million, bolstered by particularly strong growth in casualty premiums at 15% and property premiums at 6%. Additionally, the significant rise in net investment income, up 37.8% year-over-year to $41.9 million, further underscores the company’s positive financial trajectory.
Bears say
Kinsale Capital Group Inc. faces a negative outlook primarily due to sluggish economic growth and a notable deceleration in pricing trends within the property and casualty (P&C) insurance sector, which is likely to impact premium growth. The company has observed a weakening in premium growth several points relative to previous quarters, attributed to increased competition and lower growth in property premiums, making comparisons of growth and margins more challenging. Furthermore, anticipated deterioration in the combined ratio due to rising loss costs and higher expenses raises concerns about the overall profitability and future performance of the company.
This aggregate rating is based on analysts' research of Kinsale Capital Group and is not a guaranteed prediction by Public.com or investment advice.
KNSL Analyst Forecast & Price Prediction
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