Forensic Analysis · General / Diversified · as of Jun 28, 2026
KINGSTONE COMPANIES, INC. (KINS)
A forensic read on KINGSTONE COMPANIES, INC. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Clean
Earnings quality
3
Forensic signals
8.5
P / E (ttm)
28.3%
ROE
$263M
Market cap
1.17%
Dividend yield
KINGSTONE COMPANIES, INC. earns a C (Mixed — selective) forensic quality grade. 3 forensic signals were flagged in its latest SEC filings, led by accruals ratio.
What the filings flag
+48.1%Accruals ratio. Net operating assets grew +48.1% relative to their average in FY2025 — the accrual component of earnings. Accruals are building sharply — a large slice of profit sits in operating assets, not cash; Richardson/Sloan link high accruals to weaker future returns as they reverse. The cash-flow cross-check agrees: reported earnings ran behind operating cash by -34% of net operating assets.
+11.0%/yrShare-count dilution. Diluted share count changed +33% over the last 3 years to FY2025 (+11.0%/yr). The count is GROWING — existing holders are being diluted. That's ~11.0% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~33%.
-44%Dividend — cut. The payout was CUT ~44% in FY2020 (from FY2019). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies — weigh the cut when judging reliability.
Key fundamentals
Net Margin19.0%
Debt / Equity0.04x
Free Cash Flow$73.1M
Latest Revenue$214.9M
Return on Equity33.2%
Revenue Growth YoY+38.5%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on KINGSTONE COMPANIES, INC.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about KINS's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown
🔒Peer comparison + filing-change monitoring & alerts
No credit card · informational only, not investment advice · see the track record
← Browse all forensic stock analyses
Data from SEC EDGAR public filings · metrics as of Jun 28, 2026. Forensic signals flag probability, not certainty.