Key Highlights:
- Kinsale Capital (KNSL, Financial) gears up to reveal its Q1 earnings on April 24, projecting a mixed performance.
- Analyst forecasts show a potential revenue increase but a slight decrease in EPS compared to last year.
- Current stock price suggests a minor downside according to analyst predictions, yet GuruFocus sees strong upside potential.
Kinsale Capital (NYSE: KNSL) is poised to unveil its first-quarter earnings results on April 24, following the closure of trading. Investors are eyeing an anticipated EPS of $3.26, representing a 6.9% downturn on a year-over-year basis. On a positive note, revenue is expected to rise by 14% to reach $424.94 million. Despite Kinsale Capital's consistency in exceeding earnings expectations in the past, the present EPS and revenue figures have encountered several downward revisions. This mixed forecast sets the stage for an intriguing earnings call.
Wall Street Analysts Forecast
Analysts have provided their one-year price targets for Kinsale Capital Group Inc (KNSL, Financial), with an average target set at $480.00. This range includes a high estimate of $535.00 and a low of $429.00. With the current market price at $491.66, this average target suggests a slight downside of 2.37%. Investors can delve deeper into these projections on the Kinsale Capital Group Inc (KNSL) Forecast page.
When examining consensus recommendations from 12 brokerage firms, Kinsale Capital Group Inc (KNSL, Financial) maintains an average brokerage recommendation of 2.7, which signifies a "Hold" status. The recommendation scale ranges from 1 ("Strong Buy") to 5 ("Sell"), positioning Kinsale in the middle of the spectrum.
Significantly, GuruFocus estimates the GF Value for Kinsale Capital Group Inc (KNSL, Financial) over the next year at $654.28. This estimate implies a promising upside potential of 33.08% from the current price of $491.66, highlighting the stock's favorable valuation according to GuruFocus metrics. The GF Value is calculated based on historical stock multiples, previous business growth, and future performance estimates. For comprehensive insights, investors are encouraged to visit the Kinsale Capital Group Inc (KNSL) Summary page.
