Morgan Stanley cuts target for Kinsale Capital Group stock to USD 350.00

Published on 10/07/2026 at 03:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 548.52 million, up 16.8 percent. Kinsale Capital Group stock was EUR 298.80 on October 5, 2026 versus EUR 298.80.

KNSL, US49714P1084, Illustration mit AI erstellt.

Morgan Stanley cut its Kinsale Capital Group price target from USD 390.00 to USD 350.00 on October 6, 2026, while maintaining an Equal Weight rating, according to MarketBeat. The 10.26 percent reduction puts the target below the earlier USD 390.00 level, sharpening the valuation debate around the specialty insurer.

Target cut meets strong results

Kinsale generated USD 548.52 million of revenue in the second quarter of 2026, up 16.8 percent from the same period a year earlier, according to MarketBeat. The company also reported USD 5.54 of earnings per share against a USD 5.11 consensus estimate, a USD 0.43 difference.

Net income reached USD 175.9 million in the second quarter of 2026, compared with USD 134.1 million in the second quarter of 2025, according to Market Minute. That comparison represents growth of 31.18 percent and shows why the target reduction is not simply a response to weaker reported earnings.

Insurance growth faces a valuation reset

Kinsale operates in property and casualty insurance, with a focus on specialty risks that standard carriers may not accommodate. Its second-quarter operating profit was USD 223.13 million, while the operating margin was 46.00 percent, based on the period ended June 30, 2026.

The valuation reset is visible in the market context. The USD 350.00 Morgan Stanley target is 4.99 percent above the USD 333.38 reference price cited by MarketBeat. The same page puts the 52-week range at USD 287.20 to USD 485.00 and market capitalization at USD 7.6 billion.

Prior close sets the euro reference

The Lang & Schwarz prior close was EUR 298.80 on October 5, 2026. The quote data also show EUR 298.80 as the previous close for the October 6, 2026 trading data, so the dormant daily change is not used.

Kinsale is listed on the New York Stock Exchange under KNSL, and its ISIN is US49714P1084, according to Finzer. The further course of trading is shown by the continuously updated real-time quote of Kinsale Capital Group stock.