KFS RSI Chart
Last 7 days
-0.9%
Last 30 days
-5.7%
Last 90 days
-8.8%
Trailing 12 Months
-5.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 102.3M | 0 | 0 | 0 |
2023 | 96.7M | 99.3M | 101.7M | 103.9M |
2022 | 82.6M | 84.1M | 85.5M | 95.1M |
2021 | 68.3M | 76.6M | 82.2M | 78.4M |
2020 | 61.3M | 59.9M | 58.9M | 61.0M |
2019 | 52.2M | 55.1M | 58.2M | 59.9M |
2018 | 84.0M | 86.2M | 88.3M | 52.1M |
2017 | 150.0M | 119.0M | 84.3M | 81.1M |
2016 | 152.8M | 154.8M | 162.0M | 176.6M |
2015 | 161.7M | 158.4M | 158.3M | 160.0M |
2014 | 170.2M | 171.1M | 168.1M | 158.1M |
2013 | 165.5M | 167.4M | 174.2M | 172.3M |
2012 | 210.2M | 185.9M | 152.5M | 159.6M |
2011 | 0 | 0 | 0 | 228.5M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold KFS recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | -% |
Unveiling Kingsway Financial Services Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Kingsway Financial Services Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
TSLA | 566.3B | 94.7B | 41.6 | 5.98 | ||||
GM | 52.9B | 174.9B | 4.95 | 0.3 | ||||
F | 48.9B | 177.5B | 12.43 | 0.28 | ||||
APTV | 22.3B | 20.1B | 7.46 | 1.11 | ||||
KMX | 11.5B | 26.5B | 23.91 | 0.43 | ||||
MID-CAP | ||||||||
BWA | 8.4B | 14.4B | 13.76 | 0.59 | ||||
ALSN | 6.6B | 3.1B | 9.78 | 2.13 | ||||
ABG | 4.9B | 15.4B | 8.56 | 0.32 | ||||
GT | 3.7B | 19.7B | -5.7 | 0.19 | ||||
ADNT | 2.6B | 15.2B | 16.55 | 0.17 | ||||
SMALL-CAP | ||||||||
BLBD | 1.7B | 1.3B | 21.39 | 1.36 | ||||
AXL | 933.4M | 6.2B | -116.67 | 0.15 | ||||
CAAS | 105.6M | 573.5M | 2.7 | 0.18 | ||||
WKHS | 75.6M | 13.1M | -0.61 | 5.77 | ||||
AYRO | 5.7M | 444.2K | -0.18 | 12.82 |
Kingsway Financial Services Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 3.8% | 26,160,000 | 25,196,500 | 24,790,000 | 26,197,000 | 27,732,000 | 23,004,500 | 22,396,000 | 23,590,000 | 26,123,000 | 13,422,000 | 20,968,000 | 22,096,000 | 21,915,000 | 17,259,000 | 15,336,000 | 13,779,000 | 14,669,000 | 15,066,000 | 16,355,000 | 15,226,000 | 13,301,000 |
Operating Expenses | -1.6% | 25,393,000 | 25,800,000 | 24,998,000 | 25,804,000 | 25,875,000 | 24,885,000 | 26,692,000 | 22,062,000 | 23,214,000 | 15,382,000 | 21,082,000 | 21,318,000 | 21,093,000 | 20,102,000 | 15,946,000 | 13,854,000 | 16,291,000 | 15,198,000 | 15,905,000 | 16,054,000 | 14,200,000 |
S&GA Expenses | -100.0% | - | 11,605,000 | 10,319,000 | 9,870,000 | 10,198,000 | 11,025,000 | 9,721,000 | 10,533,000 | 12,240,000 | 8,749,000 | 11,779,000 | 12,127,000 | 12,590,000 | 13,299,000 | 9,719,000 | 8,388,000 | 10,693,000 | 9,539,000 | 9,156,000 | 9,164,000 | 8,402,000 |
EBITDA Margin | -89.1% | 0.04 | 0.35 | 0.37 | 0.84 | 0.85 | 0.52 | 0.54 | 0.00 | -0.01 | 0.06 | 0.07 | 0.07 | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.2% | 1,145,000 | 1,131,000 | 1,061,000 | 1,086,000 | 2,972,000 | 2,885,000 | 2,139,000 | 1,704,000 | 1,364,000 | 1,519,000 | 1,497,000 | 1,593,000 | 1,552,000 | 1,756,000 | 1,813,000 | 1,997,000 | 2,153,000 | 2,236,000 | 2,314,000 | 2,339,000 | 2,102,000 |
Income Taxes | 103.1% | 84,000 | -2,709,000 | -102,000 | 213,000 | 699,000 | -795,000 | 6,061,000 | -19,000 | -422,000 | 2,223,000 | -2,456,000 | -3,258,000 | -425,000 | -706,000 | -279,000 | -300,000 | 170,000 | 20,000 | 162,000 | 168,000 | -713,000 |
Earnings Before Taxes | 12.3% | -2,031,000 | -2,317,000 | -899,000 | -1,564,000 | 28,431,000 | -2,456,000 | 45,004,000 | -3,170,000 | -4,421,000 | -908,000 | -2,682,000 | -3,514,000 | 474,000 | -3,184,000 | -1,403,000 | -1,727,000 | -223,000 | -1,536,000 | -3,844,000 | -228,000 | 2,476,000 |
EBT Margin | -129.2% | -0.07 | 0.23 | 0.23 | 0.70 | 0.70 | 0.37 | 0.43 | -0.13 | -0.14 | -0.08 | -0.11 | -0.10 | - | - | - | - | - | - | - | - | - |
Net Income | -56.8% | -2,328,000 | -1,485,000 | -675,000 | -1,667,000 | 27,839,000 | -17,339,000 | 37,273,000 | -2,365,000 | -2,504,000 | 1,443,000 | -226,000 | -256,000 | 899,000 | -2,478,000 | -1,124,000 | -1,421,000 | -393,000 | -5,692,000 | -4,006,000 | -396,000 | 3,189,000 |
Net Income Margin | -126.0% | -0.06 | 0.23 | 0.08 | 0.46 | 0.47 | 0.16 | 0.40 | -0.04 | -0.02 | 0.02 | -0.03 | -0.04 | - | - | - | - | - | - | - | - | - |
Free Cashflow | 101.2% | 205,000 | -17,052,000 | -900,000 | -1,701,000 | -6,728,000 | -23,982,000 | 3,032,000 | 2,340,000 | 3,729,000 | 1,995,000 | 3,281,000 | -9,917,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 |
Assets | 0.1% | 198 | 198 | 198 | 195 | 201 | 286 | 506 | 470 | 475 | 476 | 447 | 447 | 440 | 452 | 67.00 | 394 | 395 | 395 | 400 | 402 | 404 |
Cash Equivalents | 120.1% | 20.00 | 9.00 | 20.00 | 14.00 | 8.00 | 64.00 | 59.00 | 25.00 | 27.00 | 27.00 | 36.00 | 45.00 | 45.00 | 39.00 | 0.00 | 31.00 | 28.00 | 32.00 | 26.00 | 34.00 | 28.00 |
Net PPE | 3.5% | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 106 | 107 | 108 | 1.00 | 93.00 | 93.00 | 94.00 | 95.00 | 0.00 | 96.00 | 97.00 | 98.00 | 99.00 | 100 | 101 |
Goodwill | 0.2% | 50.00 | 50.00 | 46.00 | 45.00 | 45.00 | 45.00 | 101 | 110 | 110 | 49.00 | 8.00 | 121 | 121 | 60.00 | 39.00 | 82.00 | 82.00 | 82.00 | 82.00 | - | - |
Liabilities | 2.4% | 177 | 173 | 170 | 173 | 175 | 264 | 457 | 455 | 463 | 461 | 433 | 433 | 421 | 434 | 42.00 | 368 | 365 | 363 | 379 | 376 | 373 |
Long Term Debt | 6.0% | 47.00 | 44.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | -25.5% | 21.00 | 28.00 | 32.00 | 22.00 | 25.00 | 16.00 | 43.00 | 8.00 | 5.00 | 8.00 | 7.00 | 8.00 | 12.00 | 12.00 | - | 20.00 | 24.00 | 26.00 | 14.00 | 20.00 | 25.00 |
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% | 378 | 380 | 379 | 371 | 371 | 360 | 359 | 360 | 359 | 359 | 358 | 356 | 356 | 355 | - | 355 | 355 | 355 | 354 | 354 | 354 |
Accumulated Depreciation | 11.0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 25.00 | 25.00 | 24.00 | 2.00 | 24.00 | 27.00 | 25.00 | 24.00 | - | 24.00 | 23.00 | 22.00 | 21.00 | 19.00 | 18.00 |
Shares Outstanding | 1.0% | 27.00 | 27.00 | 27.00 | 25.00 | 25.00 | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 | 22.00 | 22.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 4.9% | -2.95 | -3.10 | -3.45 | -3.37 | -3.13 | 0.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 15.00 | 14.00 | 14.00 | - | 14.00 | 14.00 | 14.00 | 13.00 | 12.00 | 12.00 |
Float | - | - | - | - | 91.00 | - | - | - | 49.00 | - | - | - | 57.00 | - | - | - | - | 29.00 | - | - | - | 30.00 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 101.2% | 205 | -17,052 | -835 | -1,636 | -6,663 | -23,917 | 3,097 | 2,405 | 3,841 | 2,136 | 3,464 | -9,639 | -1,869 | 1,264 | 1,424 | -1,629 | 613 | 750 | 2,463 | 473 | -2,927 |
Share Based Compensation | -53.4% | 320 | 686 | 386 | 284 | 283 | 448 | 2,976 | 250 | 378 | 643 | 548 | 708 | 1,699 | 1,149 | 120 | 120 | -38.00 | 600 | 145 | 144 | 242 |
Cashflow From Investing | 98.4% | -166 | -10,242 | 1,571 | 8,877 | 6,251 | 67,371 | 35,754 | -1,998 | -187 | -11,260 | -9,198 | -1,630 | 13,490 | -2,533 | 3,411 | -4,201 | 7,332 | -4,865 | 5,093 | -787 | -5,907 |
Cashflow From Financing | -84.9% | 2,354 | 15,564 | 4,788 | -3,171 | -57,144 | -26,926 | -3,242 | -3,946 | -3,818 | 2,744 | -2,620 | 10,871 | -11,535 | 14,765 | -1,195 | 1,712 | -1,679 | -2,546 | -1,935 | -1,997 | 7,786 |
Buy Backs | -97.3% | 64.00 | 2,402 | 751 | 51.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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 revenues | 26,160 | 26,389 |
Operating expenses: | ||
Claims authorized on vehicle service agreements | 6,121 | 5,410 |
Commissions | 2,608 | 2,520 |
Cost of services sold | 6,309 | 7,747 |
General and administrative expenses | 10,355 | 10,198 |
Total operating expenses | 25,393 | 25,875 |
Operating income | 767 | 514 |
Other revenues (expenses), net: | ||
Net investment income | 326 | 738 |
Net realized gains | 124 | 210 |
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 contracts | 0 | (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 debt | 0 | 31,616 |
Total other (expenses) revenue, net | (2,798) | 27,917 |
(Loss) income from continuing operations before income tax expense | (2,031) | 28,431 |
Income tax expense | 84 | 699 |
(Loss) income from continuing operations | (2,115) | 27,732 |
Income from discontinued operations, net of taxes | 191 | 107 |
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 subsidiaries | 157 | (3) |
Less: Dividends on preferred stock | 0 | 69 |
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) | 27,107 | 24,061 |
Diluted: (in shares) | 27,107 | 26,419 |
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) | 0 | 79 |
Investments in private companies, at adjusted cost | 854 | 854 |
Other investments, at cost which approximates fair value (net of allowance of $179 and $179, respectively) | 0 | 6 |
Short-term investments, at cost which approximates fair value | 163 | 161 |
Total investments | 41,843 | 41,881 |
Cash and cash equivalents | 12,112 | 9,098 |
Restricted cash | 7,909 | 8,400 |
Accrued investment income | 988 | 914 |
Other Receivables | 346 | 726 |
Deferred contract costs | 13,793 | 13,734 |
Income taxes recoverable | 938 | 1,299 |
Property and equipment, net of accumulated depreciation of $1,285 and $1,158, respectively | 1,914 | 1,850 |
Right-of-use asset | 1,160 | 886 |
Goodwill | 50,452 | 50,358 |
Intangible assets, net of accumulated amortization of $29,552 and $28,137, respectively | 33,744 | 35,670 |
Other assets, net of allowance for credit losses of $21 and zero, respectively | 4,964 | 5,066 |
Assets held for sale | 17,309 | 17,752 |
Total Assets | 197,968 | 197,717 |
Liabilities: | ||
Accrued expenses and other liabilities | 23,915 | 22,342 |
Deferred service fees | 84,002 | 83,995 |
Bank loans | 33,410 | 30,822 |
Subordinated debt, at fair value | 13,651 | 13,594 |
Lease liability | 1,456 | 1,198 |
Net deferred income tax liabilities | 4,956 | 5,041 |
Liabilities held for sale | 15,936 | 16,114 |
Total Liabilities | 177,326 | 173,106 |
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, respectively | 0 | 0 |
Additional paid-in capital | 378,289 | 379,813 |
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 shareholders | 23,588 | 27,709 |
Noncontrolling interests in consolidated subsidiaries | (2,946) | (3,098) |
Total Shareholders' Equity | 20,642 | 24,611 |
Total Liabilities and Shareholders' Equity | 197,968 | 197,717 |
Service Fees [Member] | ||
Investments: | ||
Service fee receivable, net of allowance for credit losses of $238 and $243, respectively | 10,496 | 10,083 |
Liabilities: | ||
Deferred service fees | 84,002 | 83,995 |
Limited Liability Investments [Member] | ||
Investments: | ||
Limited liability investments | 753 | 812 |
Limited liability investments, at fair value | $ 3,488 | $ 3,496 |
 | Mr. John Taylor-Maloney Fitzgerald |
---|---|
 | https://kingsway-financial.com |
 | Autos |
 | 471 |