Kingstone Companies
Insures New York homes and related personal property risks through appointed producers.
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Profile
Built around KICO, the New York carrier's business is concentrated in personal-lines property insurance. Policies are distributed through appointed producers and depend on underwriting, claims, reinsurance, catastrophe management, and New York conditions.
Centered on KICO, the insurance business writes personal lines in New York through retail and wholesale agents and brokers. Its product mix includes homeowners, dwelling fire, cooperative/condominium, renters, and personal umbrella coverage, alongside livery physical-damage policies and commercial-auto insurance.
Operations are concentrated in New York, even as KICO holds licenses in several Northeastern states. The systems and underwriting overhaul and the later in-force optimization program have focused the carrier on pricing, underwriting quality, claims operations, cost control, and catastrophe exposure.
Distribution depends on appointed producers, while the business also depends on New York regulation and catastrophe conditions, underwriting and rating discipline, claims execution, and reinsurance and catastrophe-risk management.
Company facts
Key statistics
Year to date +23.0% · Average volume (30d) 103.6K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.95 | $1.04 | +9.5% | $71.7M | $72.5M | +1.1% | −8.51% |
| May 7, 2026Q1 FY26 | −$0.26 | −$0.35 | −34.6% | $66.9M | $69.6M | +4.0% | −3.96% |
| Mar 5, 2026Q4 FY25 | $1.05 | $1.08 | +2.9% | $83.0M | $82.8M | −0.3% | −3.95% |
| Nov 6, 2025Q3 FY25 | $0.71 | $0.73 | +2.8% | $75.3M | $55.7M | −26.1% | +0.13% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $50.5M | $52.3M | $55.7M | $40.7M | $59.8M | $65.9M | |
| Gross profit | $14.0M | $23.7M | $24.1M | $53.1M | $14.2M | $40.4M | |
| Operating income | $4.7M | $14.2M | $13.7M | $18.5M | −$7.4M | $19.5M | |
| Net income | $3.9M | $11.3M | $10.9M | $14.8M | −$5.8M | $15.5M | |
| Diluted EPS | $0.27 | $0.78 | $0.74 | $1.03 | −$0.40 | $1.05 | |
| Gross margin | 27.7% | 45.4% | 43.3% | 130.2% | 23.7% | 61.3% | |
| Operating margin | 9.3% | 27.1% | 24.6% | 45.3% | -12.4% | 29.6% |
Fiscal years (4-quarter sums)FY21 $161.2M · FY22 $130.2M · FY23 $144.2M · FY24 $155.1M · FY25 $199.2M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $330.85B · Total debt $3.80B · Total assets $477.93B · Shareholders' equity $129.16B
Dividends
Last raised to $0.06 from $0.05 in Aug 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 11, 2026 | Aug 11 | Aug 26 | $0.06 | raised from $0.05 |
| May 11, 2026 | May 11 | May 26 | $0.05 | |
| Feb 11, 2026 | Feb 11 | Feb 26 | $0.05 | |
| Nov 10, 2025 | Nov 11 | Nov 26 | $0.05 | |
| Aug 11, 2025 | Aug 11 | Aug 26 | $0.05 | raised from $0.04 |
| Aug 30, 2022 | Aug 31 | Sep 15 | $0.04 | |
| May 27, 2022 | May 31 | Jun 15 | $0.04 | |
| Feb 25, 2022 | Feb 28 | Mar 15 | $0.04 |
Ownership
Shares outstanding 14.48M · Float 11.57M · 79.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Gregory Fortunoff | 848.7K | 5.90% | 13D | Mar 12, 2026 |
| BlackRock, Inc. | 792.6K | 5.47% | 13F | May 13, 2026 |
| Royce & Associates LP | 535.7K | 3.70% | 13F | May 12, 2026 |
| Vanguard Capital Management LLC | 495.8K | 3.42% | 13F | May 15, 2026 |
| Renaissance Technologies LLC | 393.5K | 2.72% | 13F | May 14, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 28, 2026 | Thomas Newgarden | director | +6,000 | $15.50 |
| May 29, 2026 | Thomas Newgarden | director | +8,000 | $14.99 |
| May 12, 2026 | Thomas Newgarden | director | +15,301 | $14.52 |
| May 13, 2026 | Thomas Newgarden | director | +15,201 | $14.36 |
| Apr 16, 2026 | William L. Yankus | director | −13,500 | $18.00 |
Peers
- Allstate
National home insurer with New York agents and broad personal-lines reach
- Travelers
Home and renters carrier with a large New York agent presence
- Erie Indemnity
Independent-agent personal insurer active in New York
- Progressive
Home, renters, and for-hire transport insurer
- Lemonade
Digital home, condo, and renters insurer active in New York
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Kingstone Companies | $20.00 | 0.00% | $289.7M | 8.3 | 7.0 | 1.3 | +38.6% |
| Allstate | $260.58 | −0.03% | $67.08B | 5.2 | 9.2 | 1.0 | −7.2% |
| Travelers | $372.15 | +0.62% | $77.15B | 9.9 | 12.4 | 1.6 | −4.8% |
| Erie Indemnity | $260.40 | +0.01% | $12.03B | 23.7 | — | 2.9 | +2.8% |
| Progressive | $217.33 | −0.61% | $127.12B | 11.0 | 13.3 | 1.4 | −4.2% |
| Lemonade | $53.10 | +0.23% | $4.07B | — | — | 4.4 | +79.4% |
| Median | 10.4 | 12.4 | 1.6 | −4.2% |