Kingstone Companies: Not Leaving This Stone Unturned
Portfolio Pulse from
Kingstone Companies has capitalized on competitors exiting the New York homeowners insurance market, capturing over 6,000 policies and $23 million in premiums. The company has improved profitability and is positioned for continued success in 2025, with an attractive valuation at ~10x forward earnings.
February 18, 2025 | 5:00 pm
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Kingstone Companies has gained over 6,000 policies and $23 million in premiums due to competitors leaving the NY market. The company is improving profitability and is well-positioned for future growth, with an attractive valuation at ~10x forward earnings.
Kingstone Companies is directly benefiting from competitors exiting the market, leading to significant policy and premium growth. The company's focus on profitability and attractive valuation suggests potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100