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KFS

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

8.95USD-0.01 (-0.11%)Delayed as of 30 Apr 2024, 01:00 pm ET

Market Summary

KFS
USD8.95-0.01
Delayedas of 30 Apr 2024, 01:00 pm
-0.11%

KFS Stock Price

View Fullscreen

KFS RSI Chart

KFS Valuation

Market Cap

252.0M

Price/Earnings (Trailing)

10.49

Price/Sales (Trailing)

2.42

EV/EBITDA

7.95

Price/Free Cashflow

-9.62

KFS Price/Sales (Trailing)

KFS Profitability

EBT Margin

22.76%

Return on Equity

86.66%

Return on Assets

12.14%

Free Cashflow Yield

-10.39%

KFS Fundamentals

KFS Revenue

Revenue (TTM)

103.9M

Rev. Growth (Yr)

9.53%

Rev. Growth (Qtr)

1.64%

KFS Earnings

Earnings (TTM)

24.0M

Earnings Growth (Yr)

91.44%

Earnings Growth (Qtr)

-120%

Breaking Down KFS Revenue

52 Week Range

7.379.23
(Low)(High)

Last 7 days

2.5%

Last 30 days

7.4%

Last 90 days

1.2%

Trailing 12 Months

3.2%

How does KFS drawdown profile look like?

KFS Financial Health

Debt/Equity

1.6

Debt/Cashflow

-0.59

KFS Investor Care

Shares Dilution (1Y)

12.28%

Diluted EPS (TTM)

0.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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
Mar 18, 2024
fitzgerald john taylor maloney
bought
2,496
8.49
294
president and ceo
Mar 18, 2024
hansen kent a
bought
1,562
8.49
184
cfo & evp
Mar 11, 2024
stilwell joseph
sold
-63,927
8.7572
-7,300
-
Mar 08, 2024
stilwell joseph
sold
-115,718
8.8368
-13,095
-

1–10 of 50

Which funds bought or sold KFS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-21.72
-74,134
258,665
-%
Apr 24, 2024
RITHOLTZ WEALTH MANAGEMENT
sold off
-100
-104,790
-
-%
Apr 23, 2024
AMALGAMATED BANK
reduced
-76.18
-10,000
3,000
-%
Apr 18, 2024
WASATCH ADVISORS LP
unchanged
-
-49,713
6,910,120
0.04%
Apr 05, 2024
GAMMA Investing LLC
unchanged
-
-2.00
42.00
-%
Apr 05, 2024
CWM, LLC
new
-
-
-
-%
Apr 02, 2024
Greenhaven Road Investment Management, L.P.
reduced
-36.92
-44,893,500
3,388,520
1.42%
Mar 22, 2024
PNC Financial Services Group, Inc.
sold off
-100
-10,842
-
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-49.88
-3,148,240
3,967,920
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
107
129,852
229,270
-%

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
Apr 16, 2024
4
Insider Trading
Apr 16, 2024
4
Insider Trading
Apr 10, 2024
ARS
ARS
Apr 10, 2024
DEF 14A
DEF 14A
Apr 10, 2024
DEFA14A
DEFA14A
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 28, 2024
4
Insider Trading
Mar 22, 2024
8-K
Current Report

Peers (Alternatives to Kingsway Financial Services Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
536.7B
94.7B
10.39% 18.10%
39.43
5.66
10.12% 15.85%
52.5B
174.9B
1.52% 39.35%
4.91
0.3
8.79% 14.11%
50.7B
177.5B
-3.99% 7.32%
12.9
0.29
7.54% 33.01%
20.2B
20.1B
-9.09% -29.60%
6.88
1.01
14.65% 394.61%
10.9B
26.5B
-20.39% -0.97%
22.78
0.41
-10.61% -1.15%
MID-CAP
7.8B
15.0B
-2.91% -29.92%
12.4
0.52
12.05% -33.79%
6.7B
3.1B
-6.25% 55.95%
9.9
2.16
8.82% 17.48%
4.5B
15.4B
-7.34% 12.93%
7.88
0.29
2.10% -39.62%
3.4B
20.1B
-11.73% 13.59%
-5
0.17
-3.55% -440.59%
2.8B
15.4B
-6.59% -16.76%
13.17
0.18
7.09% 494.44%
SMALL-CAP
1.1B
1.2B
-9.96% 84.60%
18.15
0.92
33.91% 215.64%
885.1M
6.1B
2.72% 5.73%
-26.34
0.15
4.78% -152.26%
108.1M
576.4M
0.85% -27.38%
2.87
0.19
8.84% 77.79%
53.5M
13.1M
-26.09% -81.96%
-0.43
4.09
160.69% -5.67%
7.0M
498.9K
-16.77% 157.41%
-0.21
14.12
-83.32% -48.94%

Kingsway Financial Services Inc News

Latest updates
Yahoo Finance • 21 hours ago
Investing.com South Africa • 16 Apr 2024 • 09:19 pm
TipRanks • 05 Mar 2024 • 10:09 pm

Kingsway Financial Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.6%25,196,50024,790,00026,197,00027,732,00023,004,50022,396,00023,590,00026,123,00013,422,00020,968,00022,096,00021,915,00017,259,00015,336,00013,779,00014,669,00015,066,00016,355,00015,226,00013,301,00013,358,000
Operating Expenses3.2%25,800,00024,998,00025,804,00025,875,00024,885,00026,692,00022,062,00023,214,00015,382,00021,082,00021,318,00021,093,00020,102,00015,946,00013,854,00016,291,00015,198,00015,905,00016,054,00014,200,00015,257,000
  S&GA Expenses12.5%11,605,00010,319,0009,870,00010,198,00011,025,0009,721,00010,533,00012,240,0008,749,00011,779,00012,127,00012,590,00013,299,0009,719,0008,388,00010,693,0009,539,0009,156,0009,164,0008,402,0009,557,000
EBITDA Margin-0.35-0.840.850.520.540.00-0.010.060.070.070.120.13--------
Interest Expenses6.6%1,131,0001,061,0001,086,0002,972,0002,885,0002,139,0001,704,0001,364,0001,519,0001,497,0001,593,0001,552,0001,756,0001,813,0001,997,0002,153,0002,236,0002,314,0002,339,0002,102,0001,946,000
Income Taxes-2555.9%-2,709,000-102,000213,000699,000-795,0006,061,000-19,000-422,0002,223,000-2,456,000-3,258,000-425,000-706,000-279,000-300,000170,00020,000162,000168,000-713,00015,000
Earnings Before Taxes-157.7%-2,317,000-899,000-1,564,00028,431,000-2,456,00045,004,000-3,170,000-4,421,000-908,000-2,682,000-3,514,000474,000-3,184,000-1,403,000-1,727,000-223,000-1,536,000-3,844,000-228,0002,476,000-12,777,000
EBT Margin-1.5%0.230.230.700.700.370.43-0.13-0.14-0.08-0.11-0.10-0.09---------
Net Income-120.0%-1,485,000-675,000-1,667,00027,839,000-17,339,00037,273,000-2,365,000-2,504,0001,443,000-226,000-256,000899,000-2,478,000-1,124,000-1,421,000-393,000-5,692,000-4,006,000-396,0003,189,000-12,461,000
Net Income Margin188.1%0.230.080.460.470.160.40-0.04-0.020.02-0.03-0.04-0.06---------
Free Cashflow-1942.2%-17,052,000-835,000-1,701,000-6,728,000-23,982,0003,032,0002,340,0003,729,0001,995,0003,281,000-9,917,000-2,097,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.2%19819819520128650647047547644744744045267.00394395395400402404405
    Cash Equivalents-54.9%9.0020.0014.008.0064.0059.0025.0027.0027.0036.0045.0045.0039.000.0031.0028.0032.0026.0034.0028.0031.00
  Net PPE189.5%2.001.001.001.001.001061071081.0093.0093.0094.0095.000.0096.0097.0098.0099.00100101102
  Goodwill8.5%50.0046.0045.0045.0045.0010111011049.008.0012112160.0039.0082.0082.0082.0082.0082.00--
Liabilities1.9%17317017317526445745546346143343342143442.00368365363379376373372
  Long Term Debt-44.00---102----------------
Shareholder's Equity-12.2%28.0032.0022.0025.0016.0043.008.005.008.007.008.0012.0012.00-20.0024.0026.0014.0020.0025.0027.00
  Retained Earnings-0.5%-346-345-344-342-370-362-400-397-395-395-394-394-394--391-390-389-388-384-379-379
  Additional Paid-In Capital0.2%380379371371360359360359359358356356355-355355355354354354354
Accumulated Depreciation9.0%1.001.001.001.001.0025.0025.0024.002.0024.0027.0025.0024.00-24.0023.0022.0021.0019.0018.0017.00
Shares Outstanding-1.1%27.0027.0025.0025.0023.0023.0023.0023.0023.0022.0022.0022.00---------
Minority Interest10.2%-3.10-3.45-3.37-3.130.0014.0014.0014.0014.0014.0015.0014.0014.00-14.0014.0014.0013.0012.0012.0012.00
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-1942.2%-17,052-835-1,636-6,663-23,9173,0972,4053,8412,1363,464-9,639-1,8691,2641,424-1,6296137502,463473-2,9275,153
  Share Based Compensation77.7%6863862842834482,9762503786435487081,6991,149120120-38.00600145144242-1,117
Cashflow From Investing-751.9%-10,2421,5718,8776,25167,37135,754-1,998-187-11,260-9,198-1,63013,490-2,5333,411-4,2017,332-4,8655,093-787-5,9073,670
Cashflow From Financing225.1%15,5644,788-3,171-57,144-26,926-3,242-3,946-3,8182,744-2,62010,871-11,53514,765-1,1951,712-1,679-2,546-1,935-1,9977,786-457
  Buy Backs219.8%2,402751-------------------
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KFS Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:  
Service fee and commission revenue$ 103,244$ 93,280
Total revenues103,24493,280
Operating expenses:  
Claims authorized on vehicle service agreements23,06620,895
Commissions10,2088,358
Cost of services sold27,21118,673
General and administrative expenses41,80543,519
Disposal of subsidiary transaction expenses05,408
Total operating expenses102,29096,853
Operating income (loss)954(3,573)
Other revenues (expenses), net:  
Net investment income1,8042,305
Net realized gains7611,209
Net gain (loss) on equity investments3,397(26)
Gain (loss) on change in fair value of limited liability investments, at fair value78(1,754)
Net change in unrealized gain on private company investments630
Gain on change in fair value of real estate investments01,488
Impairment losses(229)0
(Loss) gain on change in fair value of derivative asset option contracts(1,366)16,730
Non-operating other expense(1,542)(206)
Interest expense(6,250)(8,092)
Amortization of intangible assets(5,909)(6,133)
Loss on change in fair value of debt(68)(4,908)
Gain on disposal of subsidiary34237,917
Gain on extinguishment of debt31,6160
Total other revenue, net22,69738,530
Income from continuing operations before income tax (benefit) expense23,65134,957
Income tax (benefit) expense(1,899)4,825
Income from continuing operations25,55030,132
Income (loss) from discontinued operations, net of taxes450(12,805)
Loss on disposal of discontinued operations, net of taxes(1,988)(2,262)
Net income24,01215,065
Less: Net income (loss) from continuing operations attributable to noncontrolling interests in consolidated subsidiaries453(1,471)
Less: Net loss from discontinued operations attributable to noncontrolling interests in consolidated subsidiaries0(8,186)
Less: Dividends on preferred stock74306
Net income attributable to common shareholders23,48524,416
Net income from continuing operations attributable to common shareholders25,02331,297
Net loss from discontinued operations attributable to common shareholders(1,538)(6,881)
Net income attributable to common shareholders$ 23,485$ 24,416
Basic earnings (loss) per share attributable to common shareholders:  
Continuing operations (in dollars per share)$ 0.97$ 1.36
Discontinued operations (in dollars per share)(0.06)(0.3)
Basic earnings per share - net income attributable to common shareholders (in dollars per share)0.911.06
Diluted earnings (loss) per share attributable to common shareholders:  
Continuing operations (in dollars per share)0.951.25
Discontinued operations (in dollars per share)(0.06)(0.27)
Diluted earnings per share - net income attributable to common shareholders (in dollars per share)$ 0.89$ 0.98
Basic: (in shares)25,71322,961
Diluted: (in shares)26,44825,304

KFS Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments:  
Fixed maturities, at fair value (amortized cost of $38,107 and $40,127, respectively)$ 36,473$ 37,591
Equity investments, at fair value (cost of $73 and $187, respectively)79153
Limited liability investments, at fair value013,863
Investments in private companies, at adjusted cost854790
Other investments, at cost which approximates fair value (net of allowance of $179 and zero, respectively)6201
Short-term investments, at cost which approximates fair value161157
Total investments41,88156,934
Cash and cash equivalents9,09864,168
Restricted cash8,40013,064
Accrued investment income9141,195
Other receivables, net of allowance of $5 and $8, respectively7263,720
Deferred contract costs13,73413,257
Income taxes receivable1,2990
Property and equipment, net of accumulated depreciation of $1,158 and $1,041, respectively1,850773
Right-of-use asset886911
Goodwill50,35845,498
Intangible assets, net of accumulated amortization of $28,137 and $22,228, respectively35,67033,099
Other assets5,06623,249
Assets held for sale17,75219,478
Total Assets197,717285,650
Liabilities:  
Accrued expenses and other liabilities22,34255,801
Income taxes payable0945
Deferred service fees83,99582,713
Bank loans30,82234,281
Subordinated debt, at fair value13,59467,811
Lease liability1,1981,217
Net deferred income tax liabilities5,0414,176
Liabilities held for sale16,11416,585
Total Liabilities173,106263,529
Shareholders' Equity:  
Common stock, no par value; 50,000,000 authorized; 27,771,790 and 23,437,530 issued at December 31, 2023 and December 31, 2022, respectively; and 27,101,613 and 23,190,080 outstanding at December 31, 2023 and December 31, 2022, respectively00
Additional paid-in capital379,813359,985
Treasury stock, at cost; 670,177 and 247,450 outstanding at December 31, 2023 and December 31, 2022, respectively(3,696)(492)
Accumulated deficit(346,868)(370,427)
Accumulated other comprehensive (loss) income(1,540)26,605
Shareholders' equity attributable to common shareholders27,70915,671
Noncontrolling interests in consolidated subsidiaries(3,098)437
Total Shareholders' Equity24,61116,108
Total Liabilities, Class A preferred stock and Shareholders' Equity197,717285,650
Redeemable Class A Preferred Stock [Member]  
Liabilities:  
Redeemable Class A preferred stock, no par value; 1,000,000 authorized; zero and 149,733 issued and outstanding at December 31, 2023 and December 31, 2022, respectively; redemption amount of zero and $6,013 at December 31, 2023 and December 31, 2022, respectively06,013
Service Fees [Member]  
Investments:  
Service fee receivable, net of allowance for credit losses of $243 and $147, respectively10,08310,304
Liabilities:  
Deferred service fees83,99582,713
Limited Liability Investments [Member]  
Investments:  
Limited liability investments812983
Limited liability investments, at fair value$ 3,496$ 17,059
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 Mon Apr 29 2024, market cap of Kingsway Financial Services Inc is 251.97 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 Mon Apr 29 2024, KFS's PE ratio (Price to Earnings) is 10.49 and Price to Sales (PS) ratio is 2.42. 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 0.04 (multiply by 100 for percentage) rate of return.