KFS Stock Overview
Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty and leased real estate business.
Kingsway Financial Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$5.48|
|52 Week High||US$5.80|
|52 Week Low||US$3.03|
|1 Month Change||0%|
|3 Month Change||-2.84%|
|1 Year Change||80.86%|
|3 Year Change||144.64%|
|5 Year Change||-7.90%|
|Change since IPO||-84.95%|
Recent News & Updates
It's Unlikely That Kingsway Financial Services Inc.'s (NYSE:KFS) CEO Will See A Huge Pay Rise This Year
Despite positive share price growth of 15% for Kingsway Financial Services Inc. ( NYSE:KFS ) over the last few years...
|KFS||US Insurance||US Market|
Return vs Industry: KFS exceeded the US Insurance industry which returned 20.4% over the past year.
Return vs Market: KFS exceeded the US Market which returned 20% over the past year.
|KFS Average Weekly Movement||4.4%|
|Insurance Industry Average Movement||4.0%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: KFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KFS's weekly volatility (4%) has been stable over the past year.
About the Company
Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty and leased real estate business. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles. This segment also sells new home warranty products, as well as offers administration services to homebuilders and homeowners; markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and refrigeration equipment; and provides equipment breakdown and maintenance support services to companies.
Kingsway Financial Services Fundamentals Summary
|KFS fundamental statistics|
Is KFS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KFS income statement (TTM)|
|Cost of Revenue||US$30.15m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.19|
|Net Profit Margin||-5.07%|
How did KFS perform over the long term?See historical performance and comparison
Is Kingsway Financial Services undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Kingsway Financial Services is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Kingsway Financial Services has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Kingsway Financial Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
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.
How has Kingsway Financial Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KFS is currently unprofitable.
Growing Profit Margin: KFS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KFS is unprofitable, and losses have increased over the past 5 years at a rate of 19.8% per year.
Accelerating Growth: Unable to compare KFS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KFS is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (39.8%).
Return on Equity
High ROE: KFS has a negative Return on Equity (-15.09%), as it is currently unprofitable.
How is Kingsway Financial Services's financial position?
Financial Position Analysis
Short Term Liabilities: KFS's short term assets ($56.3M) exceed its short term liabilities ($42.1M).
Long Term Liabilities: KFS's short term assets ($56.3M) do not cover its long term liabilities ($390.9M).
Debt to Equity History and Analysis
Debt Level: KFS's net debt to equity ratio (1855%) is considered high.
Reducing Debt: KFS's debt to equity ratio has increased from 467.4% to 1989% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KFS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KFS has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 33.1% each year.
What is Kingsway Financial Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KFS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KFS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KFS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: KFS is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KFS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
JT Fitzgerald (50 yo)
Mr. John Taylor Maloney Fitzgerald, also known as JT, has been the Chief Executive Officer of Kingsway Financial Services Inc. since September 5, 2018. He served as a Director at Itasca Capital Ltd. since...
CEO Compensation Analysis
Compensation vs Market: JT's total compensation ($USD872.49K) is above average for companies of similar size in the US market ($USD563.50K).
Compensation vs Earnings: JT's compensation has increased whilst the company is unprofitable.
Experienced Management: KFS's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: KFS's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KFS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.3%.
Kingsway Financial Services Inc.'s employee growth, exchange listings and data sources
- Name: Kingsway Financial Services Inc.
- Ticker: KFS
- Exchange: NYSE
- Founded: 1989
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$130.308m
- Shares outstanding: 23.78m
- Website: https://www.kingsway-financial.com
Number of Employees
- Kingsway Financial Services Inc.
- 150 East Pierce Road
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 00:01|
|End of Day Share Price||2021/11/30 00:00|
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.