Kingsway Financial Services Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Kingsway Financial Services.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Insurance earnings growth	11.6%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

No updates

Recent updates

Kingsway: Weak Q4 2023 Results And The Valuation Looks Stretched (Rating Downgrade)

Mar 12

The Market Doesn't Like What It Sees From Kingsway Financial Services Inc.'s (NYSE:KFS) Earnings Yet

Dec 14

Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)

Oct 26

It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year

May 22

What Is The Ownership Structure Like For Kingsway Financial Services Inc. (NYSE:KFS)?

Jan 31

Have Insiders Been Buying Kingsway Financial Services Inc. (NYSE:KFS) Shares?

Dec 07

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kingsway Financial Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NYSE:KFS - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	109	-7	0	0	N/A
6/30/2024	106	-6	-2	-1	N/A
3/31/2024	107	-5	-4	-3	N/A
12/31/2023	109	25	-26	-26	N/A
9/30/2023	106	32	-49	-49	N/A
6/30/2023	106	73	-45	-45	N/A
3/31/2023	102	71	-41	-41	N/A
12/31/2022	97	39	-15	-15	N/A
9/30/2022	89	28	11	11	N/A
6/30/2022	86	-13	11	12	N/A
3/31/2022	85	-10	-1	0	N/A
12/31/2021	84	-5	-7	-6	N/A
9/30/2021	89	-5	-8	-7	N/A
6/30/2021	83	-5	-9	-9	N/A
3/31/2021	75	-6	-1	-1	N/A
12/31/2020	69	-8	1	2	N/A
9/30/2020	65	-7	-1	0	N/A
6/30/2020	63	-10	0	1	N/A
3/31/2020	66	-10	3	3	N/A
12/31/2019	68	-5	-1	-1	N/A
9/30/2019	57	-16	36	36	N/A
6/30/2019	56	-15	24	24	N/A
3/31/2019	50	-19	19	19	N/A
12/31/2018	46	-25	-3	-3	N/A
9/30/2018	55	0	-50	-50	N/A
6/30/2018	55	1	N/A	-39	N/A
3/31/2018	51	-4	N/A	-32	N/A
12/31/2017	48	-2	N/A	-10	N/A
9/30/2017	-59	-7	N/A	3	N/A
6/30/2017	-26	-4	N/A	-5	N/A
3/31/2017	7	3	N/A	-9	N/A
12/31/2016	32	3	N/A	-10	N/A
9/30/2016	162	-4	N/A	-33	N/A
6/30/2016	155	-6	N/A	-30	N/A
3/31/2016	153	-14	N/A	-37	N/A
12/31/2015	154	-12	N/A	-33	N/A
9/30/2015	152	-9	N/A	-13	N/A
6/30/2015	152	-16	N/A	-9	N/A
3/31/2015	156	-12	N/A	-8	N/A
12/31/2014	158	-17	N/A	-16	N/A
9/30/2014	168	-28	N/A	-17	N/A
6/30/2014	171	-26	N/A	-31	N/A
3/31/2014	170	-30	N/A	-38	N/A
12/31/2013	172	-44	N/A	-42	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KFS's forecast earnings growth is above the savings rate (2.6%).

Earnings vs Market: Insufficient data to determine if KFS's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if KFS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if KFS's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if KFS's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if KFS's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 18:51
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kingsway Financial Services Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Dean Evans	Keefe, Bruyette, & Woods
Mark Dwelle	RBC Capital Markets
Tom MacKinnon	Scotiabank Global Banking and Market

Kingsway Financial Services Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: US$0.099 loss per share (vs US$0.044 loss in 3Q 2023)

Kingsway Financial Services Inc. to Report Q3, 2024 Results on Nov 06, 2024

Kingsway Financial Services Inc. (NYSE:KFS) acquired Image Solutions LLC for $19.5 million.

Second quarter 2024 earnings released: US$0.093 loss per share (vs US$0.061 loss in 2Q 2023)

Kingsway Financial Services Inc. to Report Q2, 2024 Results on Aug 06, 2024

First quarter 2024 earnings released: US$0.084 loss per share (vs US$1.15 profit in 1Q 2023)

Kingsway Financial Services Inc. to Report Q1, 2024 Results on May 08, 2024

Kingsway Financial Services Inc., Annual General Meeting, May 20, 2024

Kingsway: Weak Q4 2023 Results And The Valuation Looks Stretched (Rating Downgrade)

Full year 2023 earnings released: EPS: US$0.97 (vs US$1.72 in FY 2022)

Kingsway Financial Services Inc. to Report Fiscal Year 2023 Results on Mar 05, 2024

The Market Doesn't Like What It Sees From Kingsway Financial Services Inc.'s (NYSE:KFS) Earnings Yet

Third quarter 2023 earnings released: US$0.044 loss per share (vs US$1.74 profit in 3Q 2022)

Kingsway Financial Services Inc. to Report Q3, 2023 Results on Nov 07, 2023

Investor sentiment improves as stock rises 17%

Kingsway: Run-Rate Adjusted EBITDA Of $20 Million As Acquisitions Resume (Rating Upgrade)

Kingsway Financial Services Inc. (NYSE:KFS) acquired Systems Products International, Inc.

Second quarter 2023 earnings released: US$0.061 loss per share (vs US$0.15 loss in 2Q 2022)

Kingsway Financial Services Inc. to Report Q2, 2023 Results on Aug 08, 2023

Independent Director recently bought US$105k worth of stock

First quarter 2023 earnings released: EPS: US$1.15 (vs US$0.12 loss in 1Q 2022)

Independent Director recently bought US$197k worth of stock

Full year 2022 earnings released: EPS: US$1.72 (vs US$0.037 loss in FY 2021)

Investor sentiment improves as stock rises 17%

Kingsway Financial: An Undervalued Compounder With An 'Outsiders' CEO

Kingsway Financial Services sells Texas railyard

Director recently bought US$51k worth of stock

Kingsway Financial Services Inc. (NYSE:KFS) acquired Assets and assumption of certain liabilities from Secure Nursing Service, Inc. for $10.9 million.

Third quarter 2022 earnings released: EPS: US$1.78 (vs US$0.048 loss in 3Q 2021)

Third quarter 2022 earnings released: EPS: US$1.78 (vs US$0.048 loss in 3Q 2021)

Kingsway Financial Services EPS of $1.49, revenue of $26.03M

Kingsway Financial Services Inc. (NYSE:KFS) acquired Csuite Financial Partners LLC for approximately $9 million.

Kingsway Financial Services acquires CSuite Financial for $8.5M

Kingsway Financial Services Inc. to Report Nine Months, 2022 Results on Nov 10, 2022

Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.034 loss in 2Q 2021)

Kingsway Financial Services reports Q2 results

Director recently bought US$57k worth of stock

Kingsway Financial Services Inc. Announces Appointment of Charles Frischer to Its Board of Directors and Member of Audit Committee and Real Estate Committee

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Kingsway Search Xcelerator Segment Appoints Thomas P. Joyce and William N. Thorndike as Members of Advisory Board

Kingsway Financial Services Inc., Annual General Meeting, May 17, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: US$0.048 loss per share (vs US$0.066 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.034 loss per share (vs US$0.079 loss in 2Q 2020)

It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year

First quarter 2021 earnings released: EPS US$0.018 (vs US$0.068 loss in 1Q 2020)

Secretary & General Counsel has left the company

Full year 2020 earnings released: US$0.35 loss per share (vs US$0.24 loss in FY 2019)