Kingsway Corporation (KWY) Stock Price & Analysis
Kingsway Corporation (KWY) closed at USD 9.91 on Friday, October 23, 2026, up 0.41% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 9.87; the Oct 23, 2026 session ranged USD 9.76–10.08 on volume of 38,936 shares. Market capitalization is $286.71M, with a 52-week range of USD 8.41–15.2 (NYQ). Source: Nexqual, retrieved October 25, 2026 at 02:44 UTC.
Also available as compact Markdown for AI agents: nexqual.com/KWY.md
Key facts (KWY)
- Last four reported quarters (through Jun 30, 2026): revenue $154M, net income -$6.1M (-4.0% margin) (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -32.5% vs S&P 500 +13.4%; 5Y +80.8% vs S&P 500 +76.9%.
- Next earnings: 2026-11-05, EPS estimate USD —, revenue estimate $0K.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (KWY)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $78.4M | $93.3M | $103M | $109M | $135M | $154M |
| Operating income | -$474K | -$3.6M | $954K | $2.2M | -$2.4M | -$182K |
| Net income | $1.9M | $15.1M | $24.0M | -$8.3M | -$10.3M | -$6.1M |
| EPS (diluted) | -$0.04 | $0.98 | $0.89 | -$0.35 | -$0.43 | — |
| Free cash flow | -$6.7M | — | — | — | — | — |
| Operating margin | -0.6% | -3.8% | 0.9% | 2.0% | -1.8% | -0.1% |
| Net margin | 2.4% | 16.2% | 23.3% | -7.6% | -7.6% | -4.0% |
| Revenue growth | +28.6% | +19.0% | +10.7% | +5.9% | +23.4% | — |
| Cash + short-term investments | $10.2M | $64.3M | $9.3M | $5.7M | $8.5M | — |
| Total debt | $94.1M | $102M | $44.4M | $57.5M | $70.7M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (KWY)
P/S 1.9x · EV/EBITDA 42.2x · EV/Sales 2.3x · P/B 22.4x · Earnings yield -2.13% · Buyback yield (TTM) 0.00% · Net debt $59.7M · EV $346M
P/E at fiscal year-ends: Dec 2023 9.3x.
Analysts (KWY)
Consensus None.
Total return (dividends reinvested) (KWY)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -32.5% | +80.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -32.6% | +12.6% |
| Volatility (annualized) | 41.3% | 35.6% |
| Max drawdown | -41.4% (Oct 2025→Jul 2026) | -47.5% (Jun 2025→Jul 2026) |
KWY revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Kingsway Search Xcelerator | $22.3M | 56.7% | +68.3% |
| Extended Warranty | $17.1M | 43.3% | -3.1% |
| Total revenue | $39.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
KWY company outlook (results filed Aug 6, 2026)
- “Management Commentary "Kingsway's second quarter came in significantly ahead of internal expectations," said JT Fitzgerald, Kingsway's President and CEO. "This result reflects the strong commercial momentum we see across the business, and that we discussed at our Investor Day in May. "KSX delivered a segment quarterly record of $4.3 million in adjusted EBITDA.”
- “With easier year-over-year comparisons in the third and fourth quarters of 2026, I am confident in the positive trajectory of this metric in the back half of the year "I am also pleased to reaffirm our target of between three and five acquisitions in 2026 and our expectation for double-digit organic growth at both KSX and Extended Warranty in 2026.”
- “Forward-Looking Statements This press release may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected.”
- “For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the section entitled "Risk Factors" in the Company's 2025 Annual Report on Form 10-K and subsequent Form 10-Qs and Form 8-Ks filed with the Securities and Exchange Commission.”
Quoted word-for-word from the SEC 8-K results press release.
KWY analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter (ends Dec 2011) | — | — | — | $0 | — |
| Current fiscal year (ends Dec 2011) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |
Key Statistics (as of October 25, 2026 at 02:44 UTC)
| Price | USD 9.91 |
|---|---|
| Change | ▲ 0.41% (up) |
| Previous Close | USD 9.87 |
| Open | USD 9.73 |
| Day Range | USD 9.76 – 10.08 |
| 52-Week Range | USD 8.41 – 15.2 |
| Volume | 38,936 shares |
| Market Cap | $286.71M |
| Exchange | NYQ |
Technical Analysis (KWY)
Nexqual's technical model rates KWY "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 25, 2026 at 02:44 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 59.03 (neutral) |
| vs SMA50 | Above (USD 9.73) |
| MACD | 0.05 (positive) |
Analyst Ratings (KWY)
Wall Street analysts rate KWY "None", per Nexqual as of October 25, 2026 at 02:44 UTC.
| Consensus Rating | None |
|---|
Earnings (KWY)
| Next Earnings Date | 2026-11-05 |
|---|
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2011-06-30 | USD -0.32 vs est -1.26 ▲ beat |
| 2011-03-31 | USD -1.27 vs est -1.34 ▲ beat |
| 2010-12-31 | USD -2.6 vs est -1.39 ▼ miss |
| 2010-09-30 | USD -1.22 vs est -1.48 ▲ beat |
Source: Nexqual, October 25, 2026 at 02:44 UTC.
Financials & Fundamentals (KWY)
| Total Revenue | $158.88M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +33.20% |
| Gross Margin | +83.81% |
| Operating Margin | +1.11% |
| Profit Margin | -4.59% |
| ROE | -17.97% |
| Debt / Equity | 2.29 |
| Current Ratio | 0.83 |
| Total Cash | $46.10M |
| Total Debt | $74.01M |
Source: Nexqual, October 25, 2026 at 02:44 UTC.
Financial Health Score (KWY)
Nexqual rates Kingsway Corporation's overall financial health "Weak" across five dimensions, as of October 25, 2026 at 02:44 UTC.
| Growth | Critical — Revenue -42% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 84%, operating 1% (last 12 months) |
| Balance Sheet | Critical — $8M cash and investments vs $67M debt (Jun 2026, SEC) |
| Cash Flow | Weak — Operating cash flow -$3K (FY ended Dec 2025, 10-K) |
| Efficiency | Critical — ROE -18%, ROA -0.8% |
Ownership (KWY)
| Insider Ownership | +27.11% |
|---|---|
| Institutional Ownership | +50.80% |
| Shares Outstanding | 28.93M |
| Float | 13.95M |
| Short % of Float | +8.50% |
Source: Nexqual, October 25, 2026 at 02:44 UTC.
Leadership (KWY)
Kingsway Corporation is led by John Taylor-Maloney Fitzgerald, President, CEO & Director, per Nexqual as of October 25, 2026 at 02:44 UTC.
| President, CEO & Director | John Taylor-Maloney Fitzgerald |
|---|---|
| Executive VP, Corporate Secretary & CFO | Kent A. Hansen |
| President of Assigned Risk Solutions Ltd | Leonia Rodrigues |
| CEO of Maison Insurance Company & President of Maison Insurance Company | Douglas Neil Raucy |
| President of Mendota Insurance Company | Stephen Joe Harrison |
Major Backers & Investors (KWY)
Notable institutional backers of Kingsway Corporation include Stilwell Value LLC, Greenhaven Road Investment Management, L.p., Capricorn Fund Managers Ltd, according to Nexqual as of October 25, 2026 at 02:44 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Stilwell Value LLC | 11.63% |
| Greenhaven Road Investment Management, L.p. | 5.86% |
| Capricorn Fund Managers Ltd | 4.88% |
| Belpointe Asset Management LLC | 1.24% |
| Fidelity | 1.16% |
| Renaissance Technologies | 1.05% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 4.36% |
| Vanguard Group | 2.96% |
| Geode Capital | 1.78% |
| State Street | 1.03% |
Source: Nexqual, October 25, 2026 at 02:44 UTC.
From Kingsway Corporation's Latest SEC 10-K Filing (filed 2026-03-12)
Partnerships
- IWS enters into an exclusive agreement with each credit union whereby the credit union receives a stipulated access fee for each vehicle service agreement issued to its members.
- PWI enters into an agreement with dealer partners that permits dealers to legally sell PWI products to its customers.
Legal & Regulatory Risks (Item 1A, quoted)
- Any failure to comply with applicable laws or regulations or the mandates of applicable regulators could result in the imposition of fines or significant restrictions on our ability to do business, which could adversely affect our results of operations or financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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| VCTR | Victory Capital Holdings, Inc. | USD 107.6 | ▲ 0.2% |
| PDI | PIMCO Dynamic Income Fund | USD 14.31 | ▲ 0.07% |
| AMG | Affiliated Managers Group, Inc. | USD 383.42 | ▼ 3.06% |
| SEIC | SEI Investments Company | USD 102.3 | ▼ 2.11% |
| IVZ | Invesco Ltd | USD 28.06 | ▼ 2.54% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 25, 2026 at 02:44 UTC. This page is informational and not investment advice.
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