Kinsale Capital Group (KNSL) Could Be 38% Undervalued After Earnings And CFO News
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. The latest results and CFO succession plan were announced alongside a sharp 1-day share price decline of 6.69%, which pulled Kinsale Capital Group to US$364.49. This comes even though the 30-day share price return is up 10.29% and the 5-year total shareholder return is...
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