Kingsway Financial Services, Inc.

  • Market Cap: Micro Cap
  • Industry: Insurance
  • ISIN: US4969042021
USD
12.65
0.35 (2.85%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

51.29 k

Shareholding (Mar 2025)

FII

7.58%

Held by 16 FIIs

DII

83.61%

Held by 10 DIIs

Promoter

0.00%

How big is Kingsway Financial Services, Inc.?

22-Jun-2025

As of Jun 18, Kingsway Financial Services, Inc. has a market capitalization of 385.37 million and reported net sales of 114.57 million, with a net loss of 9.09 million. Shareholder's funds were 16.66 million, and total assets were valued at 193.75 million.

As of Jun 18, Kingsway Financial Services, Inc. has a market capitalization of 385.37 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the company reported net sales of 114.57 million for the latest four quarters. However, it also recorded a net profit of -9.09 million during the same period, indicating a loss.<BR><BR>As of Dec 24, the reporting period shows that the shareholder's funds amounted to 16.66 million, while total assets were valued at 193.75 million.

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What does Kingsway Financial Services, Inc. do?

22-Jun-2025

Kingsway Financial Services, Inc. is a holding company focused on the property and casualty insurance sector, with recent net sales of $29 million and a net loss of $3 million. It operates in the micro-cap market with a market capitalization of approximately $385.37 million.

Overview:<BR>Kingsway Financial Services, Inc. is a holding company engaged in the property and casualty insurance business, operating within the micro-cap market.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 29 Million (Quarterly Results - Mar 2025)<BR>- Most recent Net Profit: -3 Million (Quarterly Results - Mar 2025)<BR>- Market-cap: USD 385.37 Million (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: NA (Loss Making)<BR>- Industry P/E: NA<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -999,999.00<BR>- Return on Equity: -33.70%<BR>- Price to Book: 19.56<BR><BR>Contact Details:<BR>- Address: 150 E Pierce Rd, ITASCA IL: 60143-1222<BR>- Tel: 1 302 6587581<BR>- Fax: 1 302 6555049<BR>- Website: http://kingsway-financial.com

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Who are in the management team of Kingsway Financial Services, Inc.?

22-Jun-2025

As of March 2022, the management team of Kingsway Financial Services, Inc. includes Terence Kavanagh (Independent Chairman), John Fitzgerald (President and COO), Larry Swets (CEO), and Independent Directors Gregory Hannon, Doug Levine, and Joseph Stilwell. They are responsible for the company's strategic direction and operations.

As of March 2022, the management team of Kingsway Financial Services, Inc. includes the following individuals:<BR><BR>- Mr. Terence Kavanagh, who serves as the Independent Chairman of the Board.<BR>- Mr. John Fitzgerald, who is the President, Chief Operating Officer, and a Director.<BR>- Mr. Larry Swets, who holds the position of Chief Executive Officer and is also a Director.<BR>- Mr. Gregory Hannon, who is an Independent Director.<BR>- Mr. Doug Levine, who is also an Independent Director.<BR>- Mr. Joseph Stilwell, who serves as an Independent Director.<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

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Is Kingsway Financial Services, Inc. overvalued or undervalued?

20-Sep-2025

As of May 8, 2024, Kingsway Financial Services, Inc. is considered risky and overvalued due to its negative P/E ratio, poor returns on capital, and high valuation metrics, despite significantly outperforming the S&P 500 year-to-date.

As of 8 May 2024, the valuation grade for Kingsway Financial Services, Inc. has moved from expensive to risky, indicating a shift in perception regarding its financial health. The company appears to be overvalued, especially given its negative P/E ratio and poor returns on capital, with a Price to Book Value of 18.80 and an EV to EBITDA of 70.68. Additionally, the ROCE stands at -40.25%, further highlighting its financial struggles.<BR><BR>In comparison to its peers, Donegal Group, Inc. has a fair valuation with a P/E of 9.04, while James River Group Holdings Ltd. is also rated risky with a P/E of -2.90. This stark contrast emphasizes Kingsway's unfavorable position within the industry. Despite its overvaluation, Kingsway has outperformed the S&P 500 significantly over multiple periods, with a YTD return of 73.60% compared to the S&P 500's 12.22%, suggesting that market sentiment may be temporarily inflating its stock price.

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Is Kingsway Financial Services, Inc. technically bullish or bearish?

20-Sep-2025

As of August 14, 2025, Kingsway Financial Services, Inc. has a mildly bullish trend, supported by mixed technical indicators, and has significantly outperformed the S&P 500 with a year-to-date return of 73.60% compared to 12.22%.

As of 14 August 2025, the technical trend for Kingsway Financial Services, Inc. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a combination of indicators. The weekly MACD is mildly bearish, while the monthly MACD is bullish. The RSI shows no signal on the weekly timeframe and is bearish on the monthly. Bollinger Bands are bullish on both weekly and monthly timeframes, and moving averages indicate a bullish trend on the daily. Dow Theory presents a mildly bullish view weekly, but mildly bearish monthly. The OBV shows no trend weekly and is mildly bullish monthly.<BR><BR>In terms of performance, Kingsway has significantly outperformed the S&P 500 across multiple periods, with a year-to-date return of 73.60% compared to the S&P 500's 12.22%, and a one-year return of 81.85% versus 17.14%.

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Dashboard
1

The company has declared Negative results for the last 3 consecutive quarters

  • PRE-TAX PROFIT(Q) At USD -2.16 MM has Fallen at -54.47%
  • CASH AND EQV(HY) Lowest at USD 33.76 MM
  • NET PROFIT(Q) Fallen at -29.88%
2

Risky - Negative Operating Profits

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Insurance

stock-summary
Market cap

USD 419 Million (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-999,999.00

stock-summary
Return on Equity

-21.19%

stock-summary
Price to Book

12.45

Revenue and Profits:
Net Sales:
31 Million
(Quarterly Results - Jun 2025)
Net Profit:
-3 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-12.94%
0%
-12.94%
6 Months
-9.51%
0%
-9.51%
1 Year
52.41%
0%
52.41%
2 Years
49.7%
0%
49.7%
3 Years
74.48%
0%
74.48%
4 Years
131.26%
0%
131.26%
5 Years
174.4%
0%
174.4%

Kingsway Financial Services, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.53%
EBIT Growth (5y)
-176.54%
EBIT to Interest (avg)
0.82
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
5.16%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
49.10%
ROCE (avg)
197.02%
ROE (avg)
27.22%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
18.80
EV to EBIT
-158.82
EV to EBITDA
70.68
EV to Capital Employed
63.93
EV to Sales
3.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-40.25%
ROE (Latest)
-33.70%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 23 Schemes (8.81%)

Foreign Institutions

Held by 16 Foreign Institutions (7.58%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 16.24% vs 1.50% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -33.33% vs -33.33% in Jun 2024",
        "dir": 0
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "31.50",
          "val2": "27.10",
          "chgp": "16.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.70",
          "val2": "1.00",
          "chgp": "-30.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.30",
          "val2": "1.20",
          "chgp": "8.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.10",
          "val2": "-0.90",
          "chgp": "-22.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-3.20",
          "val2": "-2.40",
          "chgp": "-33.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-35.60%",
          "val2": "-26.20%",
          "chgp": "-0.94%",
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    "link": "annual",
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      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 2.93% vs 12.80% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -131.64% vs -14.95% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
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        "Dec'24",
        "Dec'23",
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          "field": "Net Sales",
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          "val2": "109.30",
          "chgp": "2.93%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.50",
          "val2": "5.90",
          "chgp": "10.17%",
          "chgp_class": "positive"
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        {
          "field": "Interest",
          "val1": "4.80",
          "val2": "6.30",
          "chgp": "-23.81%",
          "chgp_class": "positive"
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          "field": "Exceptional Items",
          "val1": "-3.50",
          "val2": "31.40",
          "chgp": "-111.15%",
          "chgp_class": "negative"
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          "field": "Consolidate Net Profit",
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          "val2": "25.60",
          "chgp": "-131.64%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-4.60%",
          "val2": "-2.60%",
          "chgp": "-0.20%",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - YoYstock-summary
Jun'25
Jun'24
Change(%)
Net Sales
31.50
27.10
16.24%
Operating Profit (PBDIT) excl Other Income
0.70
1.00
-30.00%
Interest
1.30
1.20
8.33%
Exceptional Items
-1.10
-0.90
-22.22%
Consolidate Net Profit
-3.20
-2.40
-33.33%
Operating Profit Margin (Excl OI)
-35.60%
-26.20%
-0.94%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Jun 2025 is 16.24% vs 1.50% in Jun 2024

Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is -33.33% vs -33.33% in Jun 2024

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
112.50
109.30
2.93%
Operating Profit (PBDIT) excl Other Income
6.50
5.90
10.17%
Interest
4.80
6.30
-23.81%
Exceptional Items
-3.50
31.40
-111.15%
Consolidate Net Profit
-8.10
25.60
-131.64%
Operating Profit Margin (Excl OI)
-4.60%
-2.60%
-0.20%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 2.93% vs 12.80% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -131.64% vs -14.95% in Dec 2023

stock-summaryCompany CV
About Kingsway Financial Services, Inc. stock-summary
stock-summary
Kingsway Financial Services, Inc.
Insurance
Kingsway Financial Services Inc. is a holding company, which is engaged in the property and casualty insurance business. The Company owns or operates subsidiaries in the extended warranty, asset management and real estate industries. It operates through two segments: Extended Warranty and Leased Real Estate. Its Extended Warranty segment includes the operations of its subsidiaries, such as IWS Acquisition Corporation's (IWS), Trinity Warranty Solutions LLC's and Professional Warranty Service Corporation. Leased Real Estate includes the Company's subsidiary, CMC Industries, Inc. (CMC). IWS is a licensed motor vehicle service agreement company and is a provider of after-market vehicle protection services distributed by credit unions in 23 states and the District of Columbia to their members. CMC owns a parcel of real property consisting of approximately 192 acres located in the State of Texas (the Real Property) that is leased to a third party.
Company Coordinates stock-summary
Company Details
150 E Pierce Rd , ITASCA IL : 60143-1222
Registrar Details