How to Buy Kinsale Capital Group Stock
Kinsale Capital Group Inc
Kinsale Capital Group, Inc. provides casualty and property insurance products in the United States.
Kinsale Capital Group stock last closed at $382.37, up 2.48% from the previous day, and has increased 15.94% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.08 percentage points. Kinsale Capital Group stock is currently +28.6% from its 52-week low of $297.33, and -30.28% from its 52-week high of $548.47.
At the moment, there are 23.28M KNSL shares outstanding. The market value of KNSL is $8.90B. In the last 24 hours, 201,032 KNSL shares were traded.
How to Buy Kinsale Capital Group Stock
Not sure how to invest in Kinsale Capital Group stock? Here's how.
- Decide where to buy Kinsale Capital Group stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Kinsale Capital Group stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your details.
- Analyze Kinsale Capital Group stock: The Kinsale Capital Group ticker symbol is KNSL. Is Kinsale Capital Group stock a good investment? Should you buy shares of KNSL? How do KNSL's underlying business fundamentals look? Do top analysts think Kinsale Capital Group is a good buy? Why has KNSL's stock price moved recently? (Hint: Our stock market research tools can help you figure out if KNSL is a good stock to buy).
- Make your KNSL buy order: Decide if you will purchase KNSL shares at the current market price or use a limit order to buy KNSL shares at a given price.
- Get updates on your KNSL investment: Create a watchlist to get the latest news on your position in Kinsale Capital Group shares.
Step 1: Decide where to buy Kinsale Capital Group stock
You need an online brokerage account to access the NYSE market and buy KNSL shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in KNSL today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on the best investment app, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of depositing money into your investment account.
Step 4: Analyze Kinsale Capital Group stock
After you have chosen the best place to buy Kinsale Capital Group stock, it's important to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.
Kinsale Capital Group Numbers
Kinsale Capital Group Due Diligence Checks
WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on KNSL's stock page.
How is KNSL stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge KNSL's fair value.
Using relative valuations ratios:
- KNSL may be overvalued based on its P/E ratio of 25.12x, relative to Insurance - Property & Casualty industry P/E ratio of 19.97x
- KNSL could be overvalued based on its P/B ratio of 7.6x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
You can do more valuation analysis on KNSL's stock here.
KNSL Financial Health Summary
Pros:
- KNSL earnings of $441.64M is not sufficient to cover its interest payments.
- KNSL's operating cash flow of $872.59M allows it to safely service it's debt of $183.92M.
- KNSL profit margin has gone up from 20% to 26.3% in the past year.
Cons:
- Total KNSL debt is higher than 5 years ago, relative to shareholder equity.
- KNSL has a relatively high debt to equity ratio of 2.44.
Do analysts think it's a good time to buy KNSL stock
Out of 5 Equities analysts who research KNSL, the consensus analyst rating on Kinsale Capital Group is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Kinsale Capital Group stock forecast page.
KNSL Trading Indicators
Is KNSL Growing Revenue?
Last year, KNSL earnings were $351.23M. During the last five year, KNSL's earnings have gone up by 48.05% per year. This was faster than the Insurance - Property & Casualty industry average of 13.01%.
Last year, KNSL revenue was $1.33B. During the last 5 year, KNSL's revenue has grown by 40.44% per year. This was faster than the Insurance - Property & Casualty industry average of 11.53%.
Find out more about KNSL's earnings and revenue performance here.
Who is buying/selling KNSL?
In the past 12 months, insiders at KNSL have sold more shares than they have bought.
Brian D. Haney, President and COO of KNSL, was the latest KNSL insider to sell. They sold $36,897.00 worth of KNSL stock on Apr 30, 2024.
Research more about who owns KNSL stock here.
Does KNSL provide a stable income stream?
Kinsale Capital Group pays a dividend of 0.15%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.52%. If you owned $1,000 of KNSL stock, you would have received $1.49 in the past 12 months.
Kinsale Capital Group dividend payments have consistently grown over the past 8 years and have remained stable.
Dig into more analysis about Kinsale Capital Group dividend yield and history here.
What do other investors have to say about KNSL?
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 KNSL buy order
You have two main options:
- 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 stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and eToro will place the order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your KNSL investment
Now that you own some KNSL stock, you'll want to stay up-to-date on your new investment.
Add KNSL to a watchlist to see the latest developments about your KNSL stock.
KNSL Feed
How to Buy Stock in Kinsale Capital Group
To summarize, here are the 6 steps for buying Kinsale Capital Group stock:
- Decide where to buy Kinsale Capital Group stock
- Open your brokerage account
- Deposit funds into your investment account
- Analyze Kinsale Capital Group stock
- Make your KNSL buy order
- Get updates on your KNSL investment
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Kinsale Capital Group, click below.
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