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KFS

KFS - Kingsway Financial Services Inc Stock Price, Fair Value and News

7.93USD-0.06 (-0.75%)Market Closed

Market Summary

KFS
USD7.93-0.06
Market Closed
-0.75%

KFS Stock Price

View Fullscreen

KFS RSI Chart

KFS Valuation

Market Cap

221.4M

Price/Earnings (Trailing)

-35.97

Price/Sales (Trailing)

2.16

EV/EBITDA

64.04

Price/Free Cashflow

-11.46

KFS Price/Sales (Trailing)

KFS Profitability

EBT Margin

-6.65%

Return on Equity

-29.82%

Return on Assets

-3.11%

Free Cashflow Yield

-8.72%

KFS Fundamentals

KFS Revenue

Revenue (TTM)

102.3M

Rev. Growth (Yr)

-5.67%

Rev. Growth (Qtr)

3.82%

KFS Earnings

Earnings (TTM)

-6.2M

Earnings Growth (Yr)

-108.36%

Earnings Growth (Qtr)

-56.77%

Breaking Down KFS Revenue

Last 7 days

-0.9%

Last 30 days

-5.7%

Last 90 days

-8.8%

Trailing 12 Months

-5.1%

How does KFS drawdown profile look like?

KFS Financial Health

Debt/Equity

2.28

Debt/Cashflow

-0.41

KFS Investor Care

Shares Dilution (1Y)

5.95%

Diluted EPS (TTM)

-0.26

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024102.3M000
202396.7M99.3M101.7M103.9M
202282.6M84.1M85.5M95.1M
202168.3M76.6M82.2M78.4M
202061.3M59.9M58.9M61.0M
201952.2M55.1M58.2M59.9M
201884.0M86.2M88.3M52.1M
2017150.0M119.0M84.3M81.1M
2016152.8M154.8M162.0M176.6M
2015161.7M158.4M158.3M160.0M
2014170.2M171.1M168.1M158.1M
2013165.5M167.4M174.2M172.3M
2012210.2M185.9M152.5M159.6M
2011000228.5M

Tracking the Latest Insider Buys and Sells of Kingsway Financial Services Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
fitzgerald john taylor maloney
bought
2,502
8.97
279
president and ceo
May 01, 2024
hansen kent a
bought
1,560
8.97
174
cfo & evp
Apr 15, 2024
hansen kent a
bought
1,561
8.44
185
cfo & evp
Apr 15, 2024
fitzgerald john taylor maloney
bought
2,498
8.44
296
president and ceo
Apr 01, 2024
fitzgerald john taylor maloney
bought
2,497
8.27
302
president and ceo
Apr 01, 2024
hansen kent a
bought
1,563
8.27
189
cfo & evp
Mar 28, 2024
fitzgerald john taylor maloney
sold (taxes)
-1,844,010
8.34
-221,104
president and ceo
Mar 26, 2024
hansen kent a
acquired
187,493
8.8
21,306
cfo & evp

1–10 of 50

Which funds bought or sold KFS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-35.99
-5,495
9,583
-%
May 15, 2024
DEUTSCHE BANK AG\
reduced
-81.82
-757
167
-%
May 15, 2024
GOLDMAN SACHS GROUP INC
added
16.52
17,979
132,614
-%
May 15, 2024
Royal Bank of Canada
reduced
-22.96
-28,000
89,000
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-61.98
-6,244
3,786
-%
May 15, 2024
Greenhaven Road Investment Management, L.P.
unchanged
-
-24,204
3,364,310
1.43%
May 15, 2024
Annandale Capital, LLC
added
151
625,000
1,043,000
0.19%
May 15, 2024
BARCLAYS PLC
reduced
-47.27
-61,000
66,000
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-53.49
-42,844
36,762
-%
May 15, 2024
MORGAN STANLEY
reduced
-12.71
-36,157
235,112
-%

1–10 of 48

Are Funds Buying or Selling KFS?

Are funds buying KFS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own KFS
No. of Funds

Unveiling Kingsway Financial Services Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 12, 2024
david capital partners, llc
3.18%
9e+05
SC 13G/A
Nov 21, 2023
stilwell joseph
26.9%
7,608,422
SC 13D/A
May 11, 2023
stilwell joseph
28.9%
7,608,422
SC 13D/A
Mar 14, 2023
stilwell joseph
30.4%
7,608,422
SC 13D/A
Jan 12, 2023
david capital partners, llc
7.88%
1,909,000
SC 13G/A
Jan 04, 2023
stilwell joseph
32.1%
7,769,122
SC 13D/A
Jul 18, 2022
stilwell joseph
32.22%
7,775,772
SC 13D/A
Jun 22, 2022
stilwell joseph
32.21%
7,774,964
SC 13D/A
Mar 28, 2022
stilwell joseph
31.1%
7,505,980
SC 13D/A
Jan 12, 2022
david capital partners, llc
8.85%
2,125,000
SC 13G/A

Recent SEC filings of Kingsway Financial Services Inc

View All Filings
Date Filed Form Type Document
May 16, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 08, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
May 01, 2024
4
Insider Trading
May 01, 2024
4
Insider Trading
May 01, 2024
8-K
Current Report
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Apr 10, 2024
ARS
ARS

Peers (Alternatives to Kingsway Financial Services Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
566.3B
94.7B
14.23% 0.38%
41.6
5.98
10.12% 15.85%
52.9B
174.9B
7.77% 39.09%
4.95
0.3
8.79% 13.26%
48.9B
177.5B
1.99% 5.50%
12.43
0.28
7.54% 33.01%
22.3B
20.1B
18.40% -13.41%
7.46
1.11
11.06% 348.88%
11.5B
26.5B
6.25% -0.44%
23.91
0.43
-10.61% -1.15%
MID-CAP
8.4B
14.4B
16.35% -17.59%
13.76
0.59
5.28% -36.11%
6.6B
3.1B
-5.82% 52.54%
9.78
2.13
8.82% 17.48%
4.9B
15.4B
13.81% 15.50%
8.56
0.32
2.10% -39.62%
3.7B
19.7B
8.02% -9.26%
-5.7
0.19
-5.64% -9328.57%
2.6B
15.2B
3.59% -19.11%
16.55
0.17
3.04% 1216.67%
SMALL-CAP
1.7B
1.3B
55.08% 113.22%
21.39
1.36
26.17% 337.87%
933.4M
6.2B
14.24% 12.78%
-116.67
0.15
5.67% -113.75%
105.6M
573.5M
-1.13% -36.48%
2.7
0.18
7.12% 39.36%
75.6M
13.1M
41.18% -74.91%
-0.61
5.77
160.69% -5.67%
5.7M
444.2K
-14.93% 90.00%
-0.18
12.82
-78.61% -35.63%

Kingsway Financial Services Inc News

Latest updates
Investing.com South Africa • 17 May 2024 • 09:22 am
Investing.com • 16 May 2024 • 10:04 pm
Defense World • 12 May 2024 • 07:43 am
Yahoo Canada Finance • 03 May 2024 • 07:00 am
TipRanks • 01 May 2024 • 09:01 pm

Kingsway Financial Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.8%26,160,00025,196,50024,790,00026,197,00027,732,00023,004,50022,396,00023,590,00026,123,00013,422,00020,968,00022,096,00021,915,00017,259,00015,336,00013,779,00014,669,00015,066,00016,355,00015,226,00013,301,000
Operating Expenses-1.6%25,393,00025,800,00024,998,00025,804,00025,875,00024,885,00026,692,00022,062,00023,214,00015,382,00021,082,00021,318,00021,093,00020,102,00015,946,00013,854,00016,291,00015,198,00015,905,00016,054,00014,200,000
  S&GA Expenses-100.0%-11,605,00010,319,0009,870,00010,198,00011,025,0009,721,00010,533,00012,240,0008,749,00011,779,00012,127,00012,590,00013,299,0009,719,0008,388,00010,693,0009,539,0009,156,0009,164,0008,402,000
EBITDA Margin-89.1%0.040.350.370.840.850.520.540.00-0.010.060.070.07---------
Interest Expenses1.2%1,145,0001,131,0001,061,0001,086,0002,972,0002,885,0002,139,0001,704,0001,364,0001,519,0001,497,0001,593,0001,552,0001,756,0001,813,0001,997,0002,153,0002,236,0002,314,0002,339,0002,102,000
Income Taxes103.1%84,000-2,709,000-102,000213,000699,000-795,0006,061,000-19,000-422,0002,223,000-2,456,000-3,258,000-425,000-706,000-279,000-300,000170,00020,000162,000168,000-713,000
Earnings Before Taxes12.3%-2,031,000-2,317,000-899,000-1,564,00028,431,000-2,456,00045,004,000-3,170,000-4,421,000-908,000-2,682,000-3,514,000474,000-3,184,000-1,403,000-1,727,000-223,000-1,536,000-3,844,000-228,0002,476,000
EBT Margin-129.2%-0.070.230.230.700.700.370.43-0.13-0.14-0.08-0.11-0.10---------
Net Income-56.8%-2,328,000-1,485,000-675,000-1,667,00027,839,000-17,339,00037,273,000-2,365,000-2,504,0001,443,000-226,000-256,000899,000-2,478,000-1,124,000-1,421,000-393,000-5,692,000-4,006,000-396,0003,189,000
Net Income Margin-126.0%-0.060.230.080.460.470.160.40-0.04-0.020.02-0.03-0.04---------
Free Cashflow101.2%205,000-17,052,000-900,000-1,701,000-6,728,000-23,982,0003,032,0002,340,0003,729,0001,995,0003,281,000-9,917,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets0.1%19819819819520128650647047547644744744045267.00394395395400402404
    Cash Equivalents120.1%20.009.0020.0014.008.0064.0059.0025.0027.0027.0036.0045.0045.0039.000.0031.0028.0032.0026.0034.0028.00
  Net PPE3.5%2.002.001.001.001.001.001061071081.0093.0093.0094.0095.000.0096.0097.0098.0099.00100101
  Goodwill0.2%50.0050.0046.0045.0045.0045.0010111011049.008.0012112160.0039.0082.0082.0082.0082.00--
Liabilities2.4%17717317017317526445745546346143343342143442.00368365363379376373
  Long Term Debt6.0%47.0044.00-------------------
Shareholder's Equity-25.5%21.0028.0032.0022.0025.0016.0043.008.005.008.007.008.0012.0012.00-20.0024.0026.0014.0020.0025.00
  Retained Earnings-0.7%-349-346-345-344-342-370-362-400-397-395-395-394-394-394--391-390-389-388-384-379
  Additional Paid-In Capital-0.4%378380379371371360359360359359358356356355-355355355354354354
Accumulated Depreciation11.0%1.001.001.001.001.001.0025.0025.0024.002.0024.0027.0025.0024.00-24.0023.0022.0021.0019.0018.00
Shares Outstanding1.0%27.0027.0027.0025.0025.0023.0023.0023.0023.0023.0022.0022.00---------
Minority Interest4.9%-2.95-3.10-3.45-3.37-3.130.0014.0014.0014.0014.0014.0015.0014.0014.00-14.0014.0014.0013.0012.0012.00
Float----91.00---49.00---57.00----29.00---30.00
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations101.2%205-17,052-835-1,636-6,663-23,9173,0972,4053,8412,1363,464-9,639-1,8691,2641,424-1,6296137502,463473-2,927
  Share Based Compensation-53.4%3206863862842834482,9762503786435487081,6991,149120120-38.00600145144242
Cashflow From Investing98.4%-166-10,2421,5718,8776,25167,37135,754-1,998-187-11,260-9,198-1,63013,490-2,5333,411-4,2017,332-4,8655,093-787-5,907
Cashflow From Financing-84.9%2,35415,5644,788-3,171-57,144-26,926-3,242-3,946-3,8182,744-2,62010,871-11,53514,765-1,1951,712-1,679-2,546-1,935-1,9977,786
  Buy Backs-97.3%64.002,40275151.00-----------------
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KFS Income Statement

2024-03-31
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Service fee and commission revenue$ 26,160$ 26,389
Total revenues26,16026,389
Operating expenses:  
Claims authorized on vehicle service agreements6,1215,410
Commissions2,6082,520
Cost of services sold6,3097,747
General and administrative expenses10,35510,198
Total operating expenses25,39325,875
Operating income767514
Other revenues (expenses), net:  
Net investment income326738
Net realized gains124210
Net (loss) gain on equity investments(3)1,075
Loss on change in fair value of limited liability investments, at fair value(8)(130)
Loss on change in fair value of derivative asset option contracts0(1,366)
Non-operating other expense(87)(145)
Interest expense(1,145)(2,972)
Amortization of intangible assets(1,414)(1,418)
Impairment of intangible assets(511)0
(Loss) gain on change in fair value of debt(80)309
Gain on extinguishment of debt031,616
Total other (expenses) revenue, net(2,798)27,917
(Loss) income from continuing operations before income tax expense(2,031)28,431
Income tax expense84699
(Loss) income from continuing operations(2,115)27,732
Income from discontinued operations, net of taxes191107
Loss on disposal of discontinued operations, net of taxes(404)0
Net (loss) income(2,328)27,839
Less: Net income (loss) from continuing operations attributable to noncontrolling interests in consolidated subsidiaries157(3)
Less: Dividends on preferred stock069
Net (loss) income attributable to common shareholders(2,485)27,773
Net (loss) income from continuing operations attributable to common shareholders(2,272)27,666
Net (loss) income from discontinued operations attributable to common shareholders$ (213)$ 107
Basic (loss) earnings per share attributable to common shareholders:  
Continuing operations (in dollars per share)$ (0.08)$ 1.15
Discontinued operations (in dollars per share)(0.01)0
Basic (loss) earnings per share - net (loss) income attributable to common shareholders (in dollars per share)(0.09)1.15
Diluted (loss) earnings per share attributable to common shareholders:  
Continuing operations (in dollars per share)(0.08)1.05
Discontinued operations (in dollars per share)(0.01)0
Diluted (loss) earnings per share - net (loss) income attributable to common shareholders (in dollars per share)$ (0.09)$ 1.05
Basic: (in shares)27,10724,061
Diluted: (in shares)27,10726,419

KFS Balance Sheet

2024-03-31
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed maturities, at fair value (amortized cost of $38,295 and $38,107, respectively)$ 36,585$ 36,473
Equity investments, at fair value (cost of $10 and $73, respectively)079
Investments in private companies, at adjusted cost854854
Other investments, at cost which approximates fair value (net of allowance of $179 and $179, respectively)06
Short-term investments, at cost which approximates fair value163161
Total investments41,84341,881
Cash and cash equivalents12,1129,098
Restricted cash7,9098,400
Accrued investment income988914
Other Receivables346726
Deferred contract costs13,79313,734
Income taxes recoverable9381,299
Property and equipment, net of accumulated depreciation of $1,285 and $1,158, respectively1,9141,850
Right-of-use asset1,160886
Goodwill50,45250,358
Intangible assets, net of accumulated amortization of $29,552 and $28,137, respectively33,74435,670
Other assets, net of allowance for credit losses of $21 and zero, respectively4,9645,066
Assets held for sale17,30917,752
Total Assets197,968197,717
Liabilities:  
Accrued expenses and other liabilities23,91522,342
Deferred service fees84,00283,995
Bank loans33,41030,822
Subordinated debt, at fair value13,65113,594
Lease liability1,4561,198
Net deferred income tax liabilities4,9565,041
Liabilities held for sale15,93616,114
Total Liabilities177,326173,106
Shareholders' Equity:  
Common stock, no par value; 50,000,000 authorized; 28,050,686 and 27,771,790 issued at March 31, 2024 and December 31, 2023, respectively; and 27,372,509 and 27,101,613 outstanding at March 31, 2024 and December 31, 2023, respectively00
Additional paid-in capital378,289379,813
Treasury stock, at cost; 678,177 and 670,177 outstanding at March 31, 2024 and December 31, 2023, respectively(3,760)(3,696)
Accumulated deficit(349,353)(346,868)
Accumulated other comprehensive loss(1,588)(1,540)
Shareholders' equity attributable to common shareholders23,58827,709
Noncontrolling interests in consolidated subsidiaries(2,946)(3,098)
Total Shareholders' Equity20,64224,611
Total Liabilities and Shareholders' Equity197,968197,717
Service Fees [Member]  
Investments:  
Service fee receivable, net of allowance for credit losses of $238 and $243, respectively10,49610,083
Liabilities:  
Deferred service fees84,00283,995
Limited Liability Investments [Member]  
Investments:  
Limited liability investments753812
Limited liability investments, at fair value$ 3,488$ 3,496
KFS
Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies. The Kingsway Search Xcelerator offers outsourced finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, SEC reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. This segment also provides financial executive services for project and interim-staffing engagements; search services for full-time placements; and healthcare staffing services to acute healthcare facilities. The company offers its products and services through credit unions, dealers, homebuilders, and consumers. Kingsway Financial Services Inc. was incorporated in 1989 and is headquartered in Chicago, Illinois.
 CEO
 WEBSITEhttps://kingsway-financial.com
 INDUSTRYAutos
 EMPLOYEES471

Kingsway Financial Services Inc Frequently Asked Questions


What is the ticker symbol for Kingsway Financial Services Inc? What does KFS stand for in stocks?

KFS is the stock ticker symbol of Kingsway Financial Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kingsway Financial Services Inc (KFS)?

As of Fri May 17 2024, market cap of Kingsway Financial Services Inc is 221.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KFS stock?

You can check KFS's fair value in chart for subscribers.

What is the fair value of KFS stock?

You can check KFS's fair value in chart for subscribers. The fair value of Kingsway Financial Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kingsway Financial Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KFS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kingsway Financial Services Inc a good stock to buy?

The fair value guage provides a quick view whether KFS is over valued or under valued. Whether Kingsway Financial Services Inc is cheap or expensive depends on the assumptions which impact Kingsway Financial Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KFS.

What is Kingsway Financial Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, KFS's PE ratio (Price to Earnings) is -35.97 and Price to Sales (PS) ratio is 2.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KFS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Kingsway Financial Services Inc's stock?

In the past 10 years, Kingsway Financial Services Inc has provided 0.022 (multiply by 100 for percentage) rate of return.