Kingsway Financial Services Stock Today
| KFS Stock | USD 8.63 0.20 2.37% |
Performance0 of 100
| Odds Of DistressLess than 3
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Kingsway Financial is selling for under 8.63 as of the 19th of April 2024; that is 2.37 percent up since the beginning of the trading day. The stock's lowest day price was 8.35. Kingsway Financial has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Kingsway Financial Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 8th of October 1996 | Category Consumer Cyclical | Classification Financials |
Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty business services, asset management, and real estate businesses. Kingsway Financial Services Inc. was incorporated in 1989 and is based in Itasca, Illinois. Kingsway Financial is traded on New York Stock Exchange in the United States.. The company has 28.12 M outstanding shares of which 419.7 K shares are now shorted by investors with about 12.99 days to cover. More on Kingsway Financial Services
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Follow Valuation Options Odds of Bankruptcy
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Kingsway Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kingsway Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kingsway Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Larry Swets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Kingsway Financial Services Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Auto & Truck Dealerships, Consumer Cyclical, NYSE Composite, Insurance, Financials, Insurance, Auto & Truck Dealerships, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Kingsway Financial report their recommendations after researching Kingsway Financial's financial statements, talking to executives and customers, or listening in on Kingsway Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kingsway Financial. The Kingsway consensus assessment is calculated by taking the average forecast from all of the analysts covering Kingsway Financial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Kingsway Financial's profitability, liquidity, and operating efficiency, Kingsway Financial Services is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Kingsway Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Kingsway Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kingsway Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kingsway Financial's financial leverage. It provides some insight into what part of Kingsway Financial's total assets is financed by creditors.
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Kingsway Financial Services (KFS) is traded on New York Stock Exchange in USA. It is located in 10 S. Riverside Plaza, Chicago, IL, United States, 60606 and employs 397 people. Kingsway Financial is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 237.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kingsway Financial's market, we take the total number of its shares issued and multiply it by Kingsway Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kingsway Financial runs under Insurance sector within Financials industry. The entity has 28.12 M outstanding shares of which 419.7 K shares are now shorted by investors with about 12.99 days to cover.
Kingsway Financial Services has about 64.17 M in cash with (26.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.5.
Check Kingsway Financial Probability Of Bankruptcy
Ownership AllocationKingsway Financial maintains a total of 28.12 Million outstanding shares. Kingsway Financial Services holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Kingsway Ownership Details
Kingsway Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Kingsway Financial jumping above the current price in 90 days from now is about 45.88%. The Kingsway Financial Services probability density function shows the probability of Kingsway Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Kingsway Financial has a beta of 0.9006. This indicates Kingsway Financial Services market returns are related to returns on the market. As the market goes up or down, Kingsway Financial is expected to follow. Additionally, kingsway Financial Services has an alpha of 0.0166, implying that it can generate a 0.0166 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Kingsway Financial to move above the current price in 90 days from now is about 45.88 (This Kingsway Financial Services probability density function shows the probability of Kingsway Stock to fall within a particular range of prices over 90 days) .
Kingsway Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Kingsway Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kingsway Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kingsway Financial's value.| Instituion | Recorded On | Shares | |
| Strs Ohio | 2023-12-31 | 59.3 K | |
| First Trust Advisors L.p. | 2023-12-31 | 53.6 K | |
| Annandale Capital, Llc | 2023-12-31 | 49.7 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 39.6 K | |
| Sequoia Financial Advisors Llc | 2023-12-31 | 33.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 32.3 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 30.3 K | |
| O'shaughnessy Asset Management Llc | 2023-12-31 | 27.8 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 27.3 K | |
| Stilwell Value Llc | 7.4 M | ||
| Wasatch Advisors Inc. | 2023-12-31 | 828.6 K |
Kingsway Financial Historical Income Statement
Kingsway Financial Services Income Statement is one of the three primary financial statements used for reporting Kingsway's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kingsway Financial revenue and expense. Kingsway Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Kingsway Financial's Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 7.4 M in 2024, whereas Total Revenue is likely to drop slightly above 103.8 M in 2024. View More FundamentalsKingsway Stock Against Markets
Picking the right benchmark for Kingsway Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kingsway Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kingsway Financial is critical whether you are bullish or bearish towards Kingsway Financial Services at a given time. Please also check how Kingsway Financial's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kingsway Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Kingsway Financial Corporate Executives
Elected by the shareholders, the Kingsway Financial's board of directors comprises two types of representatives: Kingsway Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kingsway. The board's role is to monitor Kingsway Financial's management team and ensure that shareholders' interests are well served. Kingsway Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kingsway Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Hickey | CFO, COO, Principal Accounting Officer and Executive VP | Profile |
How to buy Kingsway Stock?
Before investing in Kingsway Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kingsway Financial. To buy Kingsway Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kingsway Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Kingsway Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Kingsway Financial Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Kingsway Financial Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kingsway Financial Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Kingsway Stock please use our How to Invest in Kingsway Financial guide.
Already Invested in Kingsway Financial Services?
The danger of trading Kingsway Financial Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kingsway Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kingsway Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kingsway Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kingsway Financial is a strong investment it is important to analyze Kingsway Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kingsway Financial's future performance. For an informed investment choice regarding Kingsway Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway Financial Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Kingsway Financial information on this page should be used as a complementary analysis to other Kingsway Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Kingsway Stock analysis
When running Kingsway Financial's price analysis, check to measure Kingsway Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kingsway Financial is operating at the current time. Most of Kingsway Financial's value examination focuses on studying past and present price action to predict the probability of Kingsway Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsway Financial's price. Additionally, you may evaluate how the addition of Kingsway Financial to your portfolios can decrease your overall portfolio volatility.
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Is Kingsway Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kingsway Financial. If investors know Kingsway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kingsway Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.95 | Revenue Per Share 4.253 | Quarterly Revenue Growth 0.114 | Return On Assets 0.0061 | Return On Equity 1.0935 |
The market value of Kingsway Financial is measured differently than its book value, which is the value of Kingsway that is recorded on the company's balance sheet. Investors also form their own opinion of Kingsway Financial's value that differs from its market value or its book value, called intrinsic value, which is Kingsway Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kingsway Financial's market value can be influenced by many factors that don't directly affect Kingsway Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kingsway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kingsway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kingsway Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.