By Chris Wack
Kingstone Companies shares were 14% higher, at $17.34, after the company gave fourth-quarter and 2025 guidance that is higher than last year.
The insurance holding company said it is expecting fourth-quarter earnings of 98 cents to $1.03 a share, compared with earnings of 40 cents a share in the same quarter last year.
For fiscal 2025, the company said it is looking for earnings of $2.80 to $2.88, compared with last year's $1.48 a share.
Kingstone said it expects the fourth quarter to be its most profitable, due to direct written premium growth 14%, coupled with "exceptional" underwriting profit both for the quarter and for the full year of 2025.
The company also said that throughout 2025, it has benefited from low catastrophe losses and continued improvement in its property frequency, driven by risk selection in its Select product, which now represents 57% of policies in force, up from 45% one year ago.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 04, 2026 12:32 ET (17:32 GMT)
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