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Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
Specialty insurance provider Kinsale Capital Group (NYSE:KNSL) fell short of the market’s revenue expectations in Q3 2026, with sales falling 8.6% year on year to $454.8 million.
Kinsale Capital Group’s third quarter was marked by a negative market reaction, as the company reported an 8.6% year-on-year revenue decline and missed Wall Street’s sales expectations.
Proprietary analytics and disciplined underwriting allow Kinsale to hold margins even as competitors cut prices in softening markets.
Kinsale Capital Group reported third quarter 2026 net income of US$98.13 million, down from US$141.65 million a year earlier, alongside a decline in gross written premiums tied to tougher competition in commercial property.
Kinsale Capital Group (KNSL) has investors reassessing the stock after third quarter earnings showed net income of US$98.13 million, lower than a year earlier, alongside an announced CFO transition and fresh buyback progress.
Kinsale Capital Group has delivered a powerful long term share price run, with the stock up 96.6% over five years, which naturally raises the question of whether that kind of performance lines up with the returns it earns on its capital.
Kinsale Capital Group (NYSE:KNSL) announced a CFO succession plan, with Bryan P. Petrucelli set to retire in March 2027. Christopher R. Tangard, currently Chief Accounting Officer, has been selected to become the next Chief Financial Officer.
Shares of specialty insurance provider Kinsale Capital Group (NYSE:KNSL) fell 7.9% in the afternoon session after the company reported third-quarter revenue that dropped 8.6% year over year to $454.8 million, and a book value per share that trailed consensus…
Operating earnings jumped 9.4% amid property market headwinds.
Kinsale Capital Group (NYSE:KNSL) reported third-quarter results marked by higher operating earnings, strong underwriting profitability and increased investment income, even as competition in the excess and surplus, or E&S, insurance market pressured written…