Added to YB: 2024-07-25
Pitch date: 2024-07-22
KNSL [bullish]
Kinsale Capital Group, Inc.
+4.91%
current return
Author Info
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Company Info
Kinsale Capital Group, Inc. engages in the provision of property and casualty insurance products in the United States.
Market Cap
$9.3B
Pitch Price
$373.44
Price Target
380.00 (-3%)
Dividend
0.17%
EV/EBITDA
15.17
P/E
19.63
EV/Sales
5.17
Sector
Insurance
Category
growth
Kinsale Capital | The Overlooked Economic Moat
KNSL: E&S insurer w/ <2% mkt share, room for growth. Industry-leading low cost float, avg combined ratio 78.5% vs 100% industry. 8% annual book value growth next 5yrs, 15% following 5. P/B 5x, 8% annual return. Risks: cyclical industry, no major downturn experience. Fair value $365-$380.
Read full article (4 min)