Kinsale Capital Group, Inc.

Сильный индекс, значительно упал. Оптимистичный взгляд на свои позиции резко сменился на неуверенность.

Strong index, significantly down. An optimistic view of his position suddenly changed to uncertainty.

Сильный индекс, значительно упал. Рынок не поддерживает быков.

Strong index, significantly down. The market does not support the bulls.

Слабый индекс, незначительно вырос

Explore the exciting world of Kinsale Capital (NYSE: KNSL) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
*Stock prices used were the prices of April 29, 2026. The video was published on Jun. 11, 2026.
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Anand Chokkavelu has no position in any of the stocks mentioned. Matt Frankel, CFP has positions in Kinsale Capital Group. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Kinsale Capital Group. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Kinsale Capital: A Strong Contender in the Specialty Insurance Arena

Chubb Limited CB has been trading above its 200-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of May 29, 2026, was $311.73, down 9.8% from its 52-week high of $345.67.
The 200-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of an uptrend or downtrend.
With a market capitalization of $120.90 billion, the average volume of shares traded in the last three months was 1.7 million.
CB is an Outperformer
Shares of Chubb have gained 4% in the past year, outperforming the industry’s decline of 7.6%.
Image Source: Zacks Investment Research
CB’s Expensive Valuation
Shares of Chubb Limited are trading at a premium compared with the Zacks Property and Casualty Insurance industry. Its forward price-to-book value of 1.51X is higher than the industry average of 1.34X.
Shares of The Travelers Companies, Inc. TRV, W.R. Berkley Corporation WRB and Kinsale Capital Group, Inc. KNSL are trading at a multiple higher than the industry average.
CB’s Growth Projection Encourages
The Zacks Consensus Estimate for Chubb Limited’s 2026 earnings per share indicates a year-over-year increase of 8.1%. The consensus estimate for revenues is pegged at $64.40 billion, implying a year-over-year improvement of 7.4%.
The consensus estimate for 2027 earnings per share and revenues indicates an increase of 7.6% and 4.9%, respectively, from the corresponding 2025 estimates.
Optimist Analyst Sentiment on CB
One of the 11 analysts covering the stock has raised estimates for 2026 and 2027 over the past 30 days. Thus, the Zacks Consensus Estimate for 2026 earnings has moved up 0.4% in the past 30 days, and for 2027, the same has moved north 0.6% in the same time frame.
Target Price Reflects Potential Upside
Based on short-term price targets offered by 24 analysts, the Zacks average price target is $349.42 per share. The average indicates a potential 10.5% upside from the last closing price.
Image Source: Zacks Investment Research
Impressive Earnings Surprise History of CB
Chubb Limited’s bottom line surpassed earnings estimates in each of the last four quarters, the average being 12.38%.
CB’s Favorable Return on Capital
Return on equity in the trailing 12 months was 14.3%, better than the industry average of 7.4%. Return on equity, a profitability measure, reflects how effectively a company is utilizing its shareholders’ equity.
Also, return on invested capital (ROIC) has been increasing over the last few quarters amid capital investments made over the same time frame. This reflects CB’s efficiency in utilizing funds to generate income. ROIC in the trailing 12 months was 9.5%, better than the industry average of 5.9%.
Factors Benefiting CB Stock
Chubb Limited remains focused on capitalizing on the potential of middle-market businesses (both domestic and international) as well as enhancing traditional core packages and specialty products for long-term growth. In its efforts to accelerate growth, Chubb Limited is also making strategic investments in various initiatives.
CB pursues strategic mergers and acquisitions to diversify its portfolio, add capabilities and synergies, and expand its geographic footprint. Recently, Chubb Limited agreed to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. Acquisitions have also improved premium revenues. Premiums should also benefit from commercial P&C rate increases, new business and strong renewal retention. An impressive inorganic growth story helps to achieve a higher long-term return on equity.
Investment income should benefit from improved operating cash flow. Chubb Limited expects the Investment income run rate to continue to grow, as the company reinvests the cash flow at higher rates. Chubb Limited expects adjusted net investment income to be between $1.825 billion and $1.85 billion in the second quarter of 2026.
Chubb Limited has a strong capital position and sufficient cash-generation capabilities, which support wealth distribution to shareholders and growth initiatives.
Being a P&C insurer, CB is exposed to catastrophe events, which induce volatility in underwriting profitability and affect the combined ratio. Given the uncertainty surrounding the magnitude of cat loss, higher losses could drain earnings.
Also, Chubb Limited’s leverage and times interest earned compare unfavorably with the industry.
Conclusion
Chubb Limited’s market-leading position, compelling portfolio, strong renewal retention, positive rate increases, solid capital position and better return on capital pave the way for long-term growth.
The strong capital and liquidity position enable Chubb Limited to distribute wealth to its shareholders via share buybacks and dividend payouts. The company’s current dividend yield of 1.2% is better than the industry average of 0.2%. The recent 5.2% increase in dividends marks the 33rd straight year of dividend increase. Dividend has witnessed an eight-year (2018-2026) CAGR of 4.6%. This makes the stock an attractive pick for investors seeking a safe, steady cash flow.
However, given its premium valuation, we prefer to stay cautious on this Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

CB Stock Trades Above 200-Day SMA: What Should Investors Do?

American Financial Group, Inc. AFG has been trading above its 200-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of May 21, 2026, was $137.24, down 13% from its 52-week high of $150.02.
Image Source: Zacks Investment Research
The 200-day SMA is a long-term technical indicator that averages a stock's closing price over the last 200 trading days to smooth out volatility and identify the broader trend direction. When the stock price crosses above the 200-day SMA, it can signal a buy or hold opportunity.
With a market capitalization of $10.87 billion, the average volume of shares traded in the last three months was 0.6 million. The insurer is trading at a price-to-book multiple of 2.44X, higher than the industry average of 1.38X.
AFG’s Price Performance
Shares of AFG have gained 12.1% year to date against the industry’s decline of 4.6%.
Image Source: Zacks Investment Research
AFG has outperformed some of the other insurers, W.R.such as Berkley Corporation. WRB, RLI Corp. RLI ) and Kinsale Capital Group, Inc. KNSL. WRB, RLI and KNSL have lost 6.5%, 26.4% and 31.1%, respectively, in the same time frame.
AFG’s Encouraging Growth Projections
The Zacks Consensus Estimate for American Financial’s 2026 earnings per share(EPS) indicates a year-over-year increase of 9%. The consensus estimate for revenues is pegged at $8.02 billion, implying a year-over-year improvement of 0.4%.
The consensus estimate for 2027 EPS and revenues indicates an increase of 5.5% and 7.9%, respectively, from the corresponding 2026 estimates.
Average Target Price for AFG Suggests Upside
Based on short-term price targets offered by six analysts, the Zacks average price target is $142 per share. The average suggests a potential 3.4% upside from the last closing price.
Image Source: Zacks Investment Research
AFG’s Favorable Return on Capital
Return on equity in the trailing 12 months was 19.5%, which compared favorably with the industry average of 7.4%, reflecting AFG’s efficiency in utilizing shareholders’ funds.
Factors Favoring AFG
New business opportunities, increased exposure and a good renewal rate environment, coupled with additional crop premiums from the Crop Risk Services acquisition, position AFG well for growth.
American Financial, a niche player in the P&C market, is likely to benefit from strategic acquisitions and improved pricing. Specialty gross written premiums increased 6% and net written premiums rose 3% year over year, reflecting new business opportunities, a favorable renewal environment and higher exposures in several lines.
American Financial witnessed average renewal pricing across the P&C group rising approximately 3% in the first quarter of 2026. It intends to maintain satisfactory rates in P&C renewal pricing going forward. AFG has reported overall renewal rate increases for 35 consecutive quarters. The property and casualty insurer expects to achieve overall renewal rate increases in excess of prospective loss ratio trends to meet or exceed targeted returns.
Its combined ratio has been better than the industry average for more than two decades. Specialty niche focus, product line diversification and underwriting discipline should help AFG outperform the industry’s underwriting results.
AFG has a long history of returning capital through regular and special dividends and share repurchases, and it has increased its dividend in each of the past 20 years. The company returned approximately $259 million to shareholders during the quarter. Management expects operations to generate excess capital through the remainder of 2026, which can support growth initiatives and shareholder returns.
Risks for AFG
Catastrophe losses, rising inflation, higher claims costs, and reserve pressures in longer-tail lines could hurt underwriting profitability if expenses grow faster than premiums.
Insurance and investment activities are heavily regulated at the state and federal levels. New rules can increase compliance costs and restrict product or capital actions.
End Notes
American Financial’s prudent capital deployment, increased exposures, good average renewal rate and improved combined ratio make it an attractive stock. However, catastrophe losses, rising expenses, inflation and strict regulations pose near-term headwinds.
American Financial has increased its dividend for 20 straight years. Notably, the 10-year compound annual growth rate for the company's regular annual dividends is an impressive 12.4%. The dividend yield is 2.7%, better than the industry average of 0.2%.
American Financial should benefit from strategic acquisitions, new business opportunities, stronger underwriting profit and favorable growth estimates. It is, therefore, wise to retain this Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

American Financial Trades Above 200-Day SMA: What Should Investors Do?

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Kinsale Capital Group Inc (Symbol: KNSL) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Kinsale Capital Group Inc an even more interesting and timely stock to look at, is the fact that in trading on Friday, shares of KNSL entered into oversold territory, changing hands as low as $308.61 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Kinsale Capital Group Inc, the RSI reading has hit 27.7 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 55.4. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, KNSL's recent annualized dividend of 1/share (currently paid in quarterly installments) works out to an annual yield of 0.31% based upon the recent $323.61 share price.
A bullish investor could look at KNSL's 27.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on KNSL is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Kinsale Capital Group Enters Oversold Territory

NMI Holdings NMIH reported first-quarter 2026 operating net income per share of $1.28, which beat the Zacks Consensus Estimate by 4.9%. The bottom line remained flat year over year.
The quarterly results reflected higher premiums earned, improved net investment income and consistent growth in the high-quality insured portfolio. These were offset by lower persistency.
NMI Holdings Inc Price, Consensus and EPS Surprise
Operational Update
NMI Holdings’ total operating revenues of $183 million increased 5.8% year over year on higher net premiums earned (up 4%) and net investment income (up 21%). Revenues beat the Zacks Consensus Estimate by 0.4%.
Primary insurance in force increased 5.2% year over year to $222.3 billion. Our estimate was $222.1 billion while the consensus estimate was $222.2 billion.
Annual persistency was 82.2%, down 210 basis points (bps) year over year.
New insurance written was $12.3 billion, up 33% year over year, reflecting strong business production.
Underwriting and operating expenses totaled $30.6 million, up 1.5% year over year.
Insurance claims and claim expenses were $20.6 million, which surged more than fourfold year over year.
The loss ratio was 13.3, which deteriorated 1030 bps. The adjusted expense ratio of 19.3 improved 400 bps year over year, while the adjusted combined ratio of 33.1 deteriorated 990 bps.
Financial Update
Book value per share, a measure of net worth, was up 16.6% year over year to $34.57 as of March 31, 2026.
NMI Holdings had $70.7 million in cash and cash equivalents, up 60.8% from the 2025 end level.
The debt balance of $417.5 million increased 0.1% from the end of 2025.
The annualized adjusted return on equity was 15.2%, which contracted 290 bps year over year. Total PMIERs available assets were $3.6 billion.
Net risk-based required assets totaled $2.2 billion at the end of first-quarter 2026.
Zacks Rank
NMIH currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Insurers
Selective Insurance Group SIGI reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.
Operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. The top line missed the Zacks Consensus Estimate by 0.5%. Net premiums written decreased 1% to $1.3 billion. The figure was on par with our estimate.
W.R. Berkley Corporation WRB reported first-quarter 2026 operating income of $1.30 per share, which beat the Zacks Consensus Estimate by 15%. The bottom line increased 28.7% year over year.
Total revenues were $3.7 billion, up 5% year over year, driven by higher net premiums earned, improved net investment income, higher revenues from non-insurance businesses and increased other income. The top line missed the consensus estimate by 0.28%. W.R. Berkley’s net premiums written were about $3.2 billion, up 1.3% year over year. The figure beat our estimate as well as the Zacks Consensus Estimate of $3.18 billion.
Kinsale Capital Group, Inc. KNSL delivered first-quarter 2026 net operating earnings of $5.11 per share, which outpaced the Zacks Consensus Estimate by 8.7%. The bottom line increased 37.7% year over year. Operating revenues increased 10.2% year over year to $467 million, which beat the Zacks Consensus Estimate by 0.1%.
Kinsale Capital’s underwriting income was $94.5 million, up 40% year over year. The combined ratio improved 470 bps year over year to 77.4 compared with the Zacks Consensus Estimate of 79.1. The loss ratio improved 580 bps to 56.3, reflecting lower catastrophe losses and favorable reserve development. The expense ratio deteriorated 110 bps year over year to 21.1.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

NMI Holdings Q1 Earnings, Revenues Top, Insurance in Force Rises Y/Y

The Hanover Insurance Group, Inc. THG posted first-quarter 2026 operating income of $5.25 per share, which rose 35.7% year over year and beat the Zacks Consensus Estimate of $4.14 by 26.8%.
Total revenues rose 6.1% year over year to $1.7 billion but missed the consensus mark of $1.72 billion by 1.2%. Results reflected firm pricing and improved underlying loss trends, helping drive a record operating return on equity of 20.3%.
The Hanover Insurance Group, Inc. Price, Consensus and EPS Surprise
THG Delivers Better Combined Ratio Despite Cat Losses
Underwriting profitability strengthened in the quarter, with the consolidated combined ratio improving to 91.7% from 94.1% a year ago.
Catastrophe losses were $98.9 million, adding 6.3 points to the combined ratio.
Excluding catastrophes, the combined ratio improved to 85.4%, supported by a 2.3-point year-over-year decline in the loss and loss adjustment expense ratio. The current accident year combined ratio, excluding catastrophes, was 87.0%, pointing to better core underwriting performance.
Net premiums written increased to $1,559.7 million from $1,510.8 million, aided by renewal pricing and disciplined growth across businesses.
The Hanover’s Core Commercial Segment Benefits From Rate Action
Core Commercial generated net premiums written of $630.4 million, up 4.3% from the prior-year quarter. Renewal price increases were 8.6%, while rate increases were 7.5%, reflecting continued emphasis on adequate pricing and targeted appetite across small commercial and middle-market accounts.
Profitability improved meaningfully as underwriting actions flowed through. The segment’s combined ratio was 96.6% versus 103.4% a year ago, with the total loss and LAE ratio improving to 63.9% from 70.0%. Prior-year favorable development, excluding catastrophes, was 0.3 points, and GAAP underwriting profit swung to $17.8 million from a loss of $20.0 million in the prior-year period.
THG Specialty Segment Posts Strong Underwriting Profit
Specialty net premiums written increased 2.3% year over year to $366.7 million. Renewal price increases were 4.6% and rate increases were 2.4%, indicating steady momentum while maintaining underwriting discipline across the segment’s marine, professional, and other specialty offerings.
The segment produced a combined ratio of 84.2%, an improvement from 87.7% in the prior-year quarter. A lower total loss and loss adjustment expense ratio of 47.8% (down from 50.7%) helped lift GAAP underwriting profit to $56.1 million from $41.2 million, while the expense ratio was 36.4% compared with 37.0% a year earlier.
The Hanover’s Personal Lines Segment Mixed as Pricing Stays Firm
Personal Lines net premiums written rose 2.7% year over year to $562.6 million. Renewal price increases were 8.4% and rate increases were 4.3%, underscoring continued pricing traction as the company works to improve profitability in auto and homeowners lines.
Even with that pricing support, results were more mixed. The segment’s combined ratio was 91.5% compared with 89.7% a year earlier, as catastrophe losses remained elevated for the book, with a current-year catastrophe loss ratio of 12.4% versus 5.8% in the prior-year quarter. The total loss and LAE ratio was 65.8% compared with 64.4% a year ago, and GAAP underwriting profit totaled $52.3 million, down from $61.7 million.
THG Balance Sheet Advances With Book Value Increase
Hanover ended the quarter with book value per share of $101.86, up 1% from Dec. 31, 2025.
The investment portfolio expanded, with total investments rising 4% to $10.80 billion as of March 31, 2026, including fixed maturities of $9.98 billion. The company also reduced leverage, with short-term debt falling to $50.1 million from $375.0 million and long-term debt declining to $793.7 million from $843.3 million.
As of March 31, 2026, the operating insurance company's statutory capital and surplus were $3.54 billion, up from $3.34 billion as of Dec. 31, 2025.
Capital Deployment
From the start of the year till April 28, 2026, THG repurchased about 0.6 million shares for $101 million, of which about 0.5 million were repurchased during the first quarter of 2026 for $87 million. The company has about $72 million of remaining capacity under its existing share repurchase program.
Zacks Rank
THG currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Insurers
Selective Insurance Group SIGI reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.
Operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. The top line missed the Zacks Consensus Estimate by 0.5%. Net premiums written (NPW) decreased 1% to $1.3 billion. The figure was on par with our estimate.
W.R. Berkley Corporation WRB reported first-quarter 2026 operating income of $1.30 per share, which beat the Zacks Consensus Estimate by 15%. The bottom line increased 28.7% year over year.
Total revenues were $3.7 billion, up 5% year over year, driven by higher net premiums earned, improved net investment income, higher revenues from non-insurance businesses and increased other income. The top line missed the consensus estimate by 0.28%. W.R. Berkley’s net premiums written were about $3.2 billion, up 1.3% year over year. The figure missed our estimate as well as the Zacks Consensus Estimate of $3.18 billion.
Kinsale Capital Group, Inc. KNSL delivered first-quarter 2026 net operating earnings of $5.11 per share, which outpaced the Zacks
Consensus Estimate by 8.7%. The bottom line increased 37.7% year over year. Operating revenues increased 10.2% year over year to $467 million, which beat the Zacks Consensus Estimate by 0.1%.
Kinsale Capital’s underwriting income was $94.5 million, up 40% year over year. The combined ratio improved 470 basis points (bps) year over year to 77.4 compared with the Zacks Consensus Estimate of 79.1. The loss ratio improved 580 bps to 56.3, reflecting lower catastrophe losses and favorable reserve development. The expense ratio deteriorated 110 bps year over year to 21.1.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Hanover Insurance Q1 Earnings Top Estimates on Lower Cat Losses

Kinsale Capital Group, Inc. KNSL delivered first-quarter 2026 net operating earnings of $5.11 per share, which outpaced the Zacks Consensus Estimate by 8.7%. The bottom line increased 37.7% year over year.
Operating revenues increased 10.2% year over year to $467 million, which surpassed the Zacks Consensus Estimate by 0.1%.
The quarterly results benefited from growth in net premiums written, increased net investment income and disciplined underwriting supported by efficient capital management. However, these gains were partially offset by elevated operating expenses.
Kinsale Capital Group, Inc. Price, Consensus and EPS Surprise
KNSL’s Operational Update
Gross written premiums of $482 million decreased 0.5% year over year, primarily due to a 28.3% decline in the Commercial Property Division. Net written premiums climbed 5.6% year over year to $403.3million.
Net investment income increased 26.5% year over year to $55.4 million. The increase was primarily driven by growth in the company’s investment portfolio.However, net investment income missed the Zacks Consensus Estimate by 0.5%.
Total expenses increased 5.1% year over year to $327 million due to a rise in underwriting, acquisition and insurance expenses as well as interest expense. Our model estimate was $289.6 million.
Kinsale Capital’s underwriting income was $94.5 milion, up 40% year over year. The increase was driven by growth in net earned premiums, higher favorable development of loss reserves from prior accident years, and lower catastrophe losses. Underwriting income surpassed our model estimate by 14.5%.
The combined ratio improved 470 basis points (bps) year over year to 77.4 compared with the Zacks Consensus Estimate of 79.1. The loss ratio improved 580 bps to 56.3, reflecting lower catastrophe losses and favorable reserve development. The expense ratio deteriorated 110 bps year over year to 21.1.
Financial Update
Kinsale Capital exited the first quarter of 2026 with cash and cash equivalents of $ 223.2 million, which increased 36.7% from the 2025-end level.
As of March 31, 2026, stockholders’ equity increased 0.4% year over year to approximately $1.9 billion.
Book value per share was $85.31 as of March 31, 2026, up 1.1% from the 2025-end level.
Annualized operating return on equity improved 150 bps year over year to 24 % in the reported quarter.
Capital Deployment
KNSL repurchased 0.2 million shares for $62.5 million in the first quarter of 2026. The insurer had $187.5 million remaining under its authorization as of March 31, 2026.
KNSL paid a cash dividend of 25 cents per share in the first quarter of 2026.
Zacks Rank
KNSL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Insurers
Selective Insurance Group (SIGI) reported first-quarter 2026 operating income of $1.69 per share, which missed the Zacks Consensus Estimate by 2.3%. The bottom line decreased 11% year over year.
Operating revenues of $1.4 billion increased 6.4% from the year-ago quarter’s level, driven primarily by higher net premiums earned and net investment income. The top line misses the Zacks Consensus Estimate by 0.5%. Net premiums written (NPW) decreased 1% to $1.3 billion. The figure was on par with our estimate.
The Travelers Companies, Inc. TRV reported first-quarter 2026 core income of $7.71 per share, which beat the Zacks Consensus Estimate by 10.5%. The bottom line surged fourfold year over year. Travelers’ total revenues remained flat from the year-ago quarter to $11.9 billion. The top line missed the Zacks Consensus Estimate by 3.7%.
Net written premiums increased 2% year over year to a record $10.3 billion, driven by strong growth across Business Insurance and Bond & Specialty Insurance segments. Net investment income rose 8.4% year over year to $1 billion. The figure matched the Zacks Consensus Estimate.
The Progressive Corporation’sPGR first-quarter 2026 earnings per share of $4.96 beat the Zacks Consensus Estimate by 2.5%. The bottom line increased 6.7% year over year.
Operating revenues grew 8.2% year over year to $22.3 billion, driven by 8% higher net premiums earned, a 12.7% increase in net investment income, a 3.5% rise in fees and other revenues, and 13.5% higher service revenues. The top line missed the Zacks Consensus Estimate by 1.2%. Net premiums earned grew 8% to $20.9 billion. The reported figure beat the Zacks Consensus Estimate by 1.5%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

KNSL Q1 Estimates Beat on Strong Underwriting, Revenues Rise Y/Y

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Kinsale (KNSL) Q1 2026 Earnings Transcript

Cincinnati Financial (CINF) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on April 27, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This insurer is expected to post quarterly earnings of $1.88 per share in its upcoming report, which represents a year-over-year change of +883.3%.
Revenues are expected to be $2.95 billion, up 12.2% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 2.19% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Cincinnati Financial?
For Cincinnati Financial, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -7.98%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Cincinnati Financial will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Cincinnati Financial would post earnings of $2.86 per share when it actually produced earnings of $3.37, delivering a surprise of +17.83%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Cincinnati Financial doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry Player
Another stock from the Zacks Insurance - Property and Casualty industry, Kinsale Capital Group, Inc. (KNSL), is soon expected to post earnings of $4.7 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +26.7%. Revenues for the quarter are expected to be $474.7 million, up 12.1% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Kinsale Capital Group has been revised 0.5% down to the current level. Nevertheless, the company now has an Earnings ESP of -2.13%, reflecting a lower Most Accurate Estimate.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Kinsale Capital Group will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Should You Invest in Cincinnati Financial Corporation (CINF)?
Before you invest in Cincinnati Financial Corporation (CINF), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Cincinnati Financial (CINF) Earnings Expected to Grow: Should You Buy?

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Robinhood Markets Inc (Symbol: HOOD), where a total of 152,129 contracts have traded so far, representing approximately 15.2 million underlying shares. That amounts to about 58.9% of HOOD's average daily trading volume over the past month of 25.8 million shares. Especially high volume was seen for the $80 strike call option expiring April 17, 2026, with 15,063 contracts trading so far today, representing approximately 1.5 million underlying shares of HOOD. Below is a chart showing HOOD's trailing twelve month trading history, with the $80 strike highlighted in orange:
Kinsale Capital Group Inc (Symbol: KNSL) options are showing a volume of 1,463 contracts thus far today. That number of contracts represents approximately 146,300 underlying shares, working out to a sizeable 57% of KNSL's average daily trading volume over the past month, of 256,735 shares. Particularly high volume was seen for the $320 strike call option expiring October 16, 2026, with 1,154 contracts trading so far today, representing approximately 115,400 underlying shares of KNSL. Below is a chart showing KNSL's trailing twelve month trading history, with the $320 strike highlighted in orange:
And Advanced Energy Industries Inc (Symbol: AEIS) options are showing a volume of 3,535 contracts thus far today. That number of contracts represents approximately 353,500 underlying shares, working out to a sizeable 56.9% of AEIS's average daily trading volume over the past month, of 621,480 shares. Particularly high volume was seen for the $310 strike put option expiring April 17, 2026, with 1,129 contracts trading so far today, representing approximately 112,900 underlying shares of AEIS. Below is a chart showing AEIS's trailing twelve month trading history, with the $310 strike highlighted in orange:
For the various different available expirations for HOOD options, KNSL options, or AEIS options, visit StockOptionsChannel.com.
Also see:
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ROT Options Chain
Seth Klarman Stock Picks
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	25.54 13.39
Price/Sales	6.85 2.12
P/B	7.41 1.20
P/FCF	10.88 10.76

Indicator	TTM Median
ROE	33.05 10.61
ROA	9.66 1.19
Net Worth	10.46 1.02
Quick Ratio	0.00 1.37
Current Ratio	0.08 0.97

Indicator	TTM Median
Net Profit Margin	26.78 17.41
Operating Margin	33.73 23.43
Gross Margin	33.99 70.31
Return on tangible equity	33.15 12.60

Indicator	TTM Median
EPS	4.20 0.65
EPS Forecast	3.70 0.66
Revenue	418.00M 80.00M
Gross Profit	148.00M —
EBITDA	147.00M —

Kinsale Capital Group, Inc.

Recent quarterly and TTM performance

Valuation

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Revenue