earnings
confidence high
sentiment positive
materiality 0.90
Kingstone posts record Q4 and FY 2025: net combined ratio 64.2%, EPS $1.03/$2.88, guides 2026
KINGSTONE COMPANIES, INC.
- Q4 GAAP net combined ratio 64.2% (vs 78.5% YoY); annualized ROE 51.3% (vs 34.4% YoY).
- Q4 diluted EPS $1.03 (up 157.5% YoY); operating EPS $1.08; FY diluted EPS $2.88 (up 94.6%).
- Full year net premiums earned $187.1M (+45.6% YoY); direct premiums written $277.8M (+14.8%).
- 2026 guidance: direct premiums written growth 16%-20%; underlying combined ratio 74%-76%.