How to Buy Kingsway Financial Services Stock
Kingsway Financial Services Inc
Kingsway Financial Services is a auto & truck dealership company located in Ontario, Canada, which is part of the Consumer Cyclical sector, and is traded under the ticker KFS on the NYSE exchange.
Kingsway Financial Services stock last closed at $8.13, down 2.75% from the previous day, and has increased 52.53% in one year. It has overperformed other stocks in the Auto & Truck Dealerships industry by 0.53 percentage points. Kingsway Financial Services stock is currently +57.86% from its 52-week low of $5.15, and -23.3% from its 52-week high of $10.60.
As of May 26, 2023, there are 26.35M KFS shares outstanding. The market capitalization of KFS is $214.26M. In the past 24 hours, 54,294 KFS shares were traded.
How to Buy Kingsway Financial Services Stock
Wondering how to invest in Kingsway Financial Services stock? Here's how.
- Figure out where to buy Kingsway Financial Services stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Kingsway Financial Services stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your info.
- Research Kingsway Financial Services stock: The Kingsway Financial Services ticker symbol is KFS. Is Kingsway Financial Services stock a good investment? Should you buy shares of KFS? How do KFS's underlying business fundamentals look? Do top analysts think Kingsway Financial Services is a good buy? Why has KFS's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if KFS is a good stock to buy).
- Make your KFS buy order: Decide if you will purchase KFS shares at the current market price or use a limit order to buy KFS shares at a particular price.
- Keep tabs on your KFS position: Create a watchlist to monitor your position in Kingsway Financial Services shares.
Step 1: Figure out where to buy Kingsway Financial Services stock
You need a brokerage account in order to access the NYSE market and buy KFS shares.
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you can invest in KFS today.
How to Open a New Investment Account on eToro
- Click here to get started.
- Provide your personal details to create a new trading account.
- Submit your details by hitting the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have finished signing up on stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring funds into your new investment account.
Step 4: Research Kingsway Financial Services stock
Once you have identified the best place to buy Kingsway Financial Services stock, it's absolutely critical to evaluate their stock before you invest, so you can understand the risk as well as the upside.
Kingsway Financial Services shares data
KFS Zen Score
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
You can view all of the due diligence checks on KFS's stock page.
How is KFS stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge KFS's intrinsic value.
Using relative valuations measures:
- KFS could be undervalued based on its P/E ratio of 3.49x, relative to Auto & Truck Dealerships industry P/E ratio of 19.28x
- KFS could be overvalued based on its P/B ratio of 7.74x, relative to Auto & Truck Dealerships industry P/B ratio of 1.82x
You can do additional valuation research on KFS's stock here.
KFS Financials at a glance
Signs that KFS is financially healthy:
- KFS earnings of $70.85M is not enough to cover its interest payments.
- Total KFS debt is lower than 5 years ago, relative to shareholder equity.
- KFS profit margin has gone up from -5% to 58.7% in the past year.
Signs that KFS is not financially healthy:
- KFS's operating cash flow of -$25.08M allows it to safely service it's debt of $44.18M.
- KFS has a relatively high debt to equity ratio of 6.34.
KFS Technical Indicators
KFS Growth Metrics
Last year, KFS revenue was $93.55M. Over the last five year, KFS's revenue has increased by 14.51% per year. This was faster than the Auto & Truck Dealerships industry average of 12.9%.
Find out more about KFS's earnings and revenue performance here.
Are KFS executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at KFS have bought more shares than they have sold.
Charles L. Frischer, Director of KFS, was the latest KFS insider to buy. They bought $105,042.80 worth of KFS stock on May 19, 2023.
Research more about who owns KFS stock here.
Can I rely on KFS as an income stream?
No, Kingsway Financial Services doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your KFS buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your KFS position
Now that you own some KFS shares, you'll want to keep up with your new shares.
Put KFS on a watchlist to keep track of your KFS stock.
KFS Feed
How to Buy Stock in Kingsway Financial Services
To reiterate, here are the 6 steps for buying Kingsway Financial Services stock:
- Figure out where to buy Kingsway Financial Services stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Kingsway Financial Services stock
- Make your KFS buy order
- Keep tabs on your KFS position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Kingsway Financial Services, get started below.
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