YOLFTbeta
Kestrel Group, Ltd.

Kestrel Group, Ltd.

KG · NASDAQ · Financial Services / Insurance - Reinsurance

3.36USD-0.18 (-5.08%)

Price History

Full chart

Market Stats

Previous Close3.54
Open3.58
Day Range3.36 – 3.58
52-Week Range4.82 – 27.55
Volume5.50K
Market Cap40.14M
P/E (TTM)0.00
Forward P/E0.00
EPS-12.44
Dividend Yield0.00%
50-Day Avg7.59
200-Day Avg10.20

About

Kestrel Group Ltd engages in the reinsurance business. It operates through two segments: Program Services and Legacy Reinsurance. The company offers fronting services to insurance program managers, managing general agencies, reinsurers, and reinsurance brokers in Bermuda. The company is based in Hamilton, Bermuda.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Reinsurance
  • CEOMr. Bradford Luke Ledbetter
  • Employees44
  • Headquarters11 Bermudiana Road, Hamilton, Bermuda, HM 08, USA
  • Websitehttps://www.kestrelgroup.com

Leadership

  • Mr. Terry Lee LedbetterExecutive Chairman · b. 1953
  • Mr. Bradford Luke LedbetterCEO & Director · b. 1982
  • Mr. Patrick Joseph Haveron CPAPresident & CFO · b. 1961

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue620.24M872.26M1.13B1.52B1.30B1.77B1.99B2.14B1.57B1.78B186.59M98.72M58.13M1.33M3.85M34.05M
Growth (%)-+40.63%+29.36%+34.83%-14.26%+35.92%+12.16%+7.46%-26.76%+13.51%-89.50%-47.09%-41.11%-97.71%+189.24%+785.08%
Cost of Revenue142.55M178.57M226.88M348.35M339.45M330.83M426.62M462.33M385.94M580.83M---3.53M3.40M8.99M
Gross Profit477.69M693.69M901.46M1.17B964.91M1.44B1.56B1.67B1.18B1.20B186.59M98.72M58.13M-2.20M1.85M25.06M
Gross Margin77.02%79.53%79.89%77.10%73.98%81.34%78.55%78.36%75.34%67.31%100.00%100.00%100.00%-165.05%48.03%73.59%
Operating Expense193.49M315.35M454.40M635.00M726.66M845.80M950.21M1.01B743.76M854.01M119.71M68.17M107.45M2.25M1.71M-24.55M
Operating Income284.20M378.34M447.06M538.04M238.25M596.25M611.67M667.43M435.37M341.66M66.88M30.55M-49.32M-4.45M141.76K49.61M
Operating Margin45.82%43.37%39.62%35.37%18.27%33.63%30.76%31.23%27.82%19.23%35.84%30.95%-84.84%-334.22%3.69%145.69%
EBITDA----------55.88M38.24M-41.06M-4.45M141.76K59.56M
EBITDA Margin----------29.95%38.73%-70.64%-334.22%3.69%174.94%
Net Income64.51M217.94M182.52M105.86M-117.83M288.95M182.98M-91.95M41.76M25.62M-60.35M-4.22M-1.29M46.73M
Net Income Margin10.40%24.99%16.18%6.96%-6.65%14.53%8.56%-5.18%22.38%25.96%-103.82%-316.94%-33.56%137.23%
R&D18.68M26.51M40.18M238.08M84.24M262.73M253.60M184.74M743.67M98.65M------
R&D as % of Total Revenue3.01%3.04%3.56%15.65%6.46%14.82%12.75%8.65%47.52%5.55%------
Interest Expense000000000019.32M19.33M19.33M-09.87M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%10.36%19.58%33.25%-0.00%28.97%

Balance Sheet

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.28B2.51B2.75B3.18B2.92B2.97B3.33B3.43B4.26B3.33B2.95B2.32B1.85B954.60M5.51M548.76M
Total Liabilities294.66M598.33M819.48M1.14B1.08B991.82M1.04B916.07M2.08B959.28M2.42B1.94B1.56B705.44M904.00K420.47M
Total Equity987.73M1.91B1.93B2.04B1.85B1.97B2.29B2.51B2.18B2.37B527.82M384.26M284.58M249.16M4.61M128.28M
Cash76.39M874.60M588.23M165.05M342.09M30.01M113.78M20.01M940.21M545.31M135.83M66.09M46.62M42.68M4.29M16.95M
Total Debt----------255.13M255.35M255.57M314.00K244.12K176.46M
Net Debt----------119.30M189.26M208.95M-42.36M-4.04M159.51M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow181.37M279.56M456.01M437.30M299.02M519.51M465.63M672.65M491.39M430.73M-541.77M-394.43M-195.93M-59.78M-67.45M-96.14M
Investing Cash Flow---------94.22M596.04M464.06M188.79M58.51M77.74M146.94M
Financing Cash Flow-901.33M-2.54M4.58M857.00K54.45M9.83M584.92M--30.13M-138.90M-10.98M-3.02M-3.73M-40.00M
Capital Expenditure25.15M40.17M73.59M51.20M55.14M53.29M45.82M49.60M57.45M38.78M000000
Free Cash Flow-----------541.77M-394.43M-195.93M-59.78M-67.45M-96.14M
Dividends Paid2.62M-------------040.00M
FCF to OCF----------100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--------------0.00%-41.61%

Earnings

Report DateMay 10, 2018Aug 9, 2018Nov 9, 2018Mar 15, 2019May 10, 2019Aug 12, 2019Nov 13, 2019Mar 18, 2020May 15, 2020Aug 14, 2020Nov 13, 2020Mar 15, 2021May 10, 2021Aug 9, 2021Nov 9, 2021Mar 14, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Mar 15, 2023May 9, 2023Aug 8, 2023Nov 8, 2023Mar 12, 2024May 9, 2024Aug 8, 2024Nov 12, 2024Mar 10, 2025May 12, 2025Nov 5, 2025May 8, 2026Aug 7, 2026Nov 4, 2026
EPS Estimate0.210.260.180.140.140.140.090.040.060.090.000.000.000.000.000.03-0.080.190.000.000.000.000.000.000.000.000.000.000.000.00---
EPS Actual0.20-0.13-2.83-2.56-0.32-0.270.48-0.040.040.010.00-0.140.550.16-0.040.03-0.080.19-0.090.41-0.110.00-0.03-0.210.01-0.100.00-1.59-1.80-1.95-1.34-0.86-
Surprise-4.76%-150.00%-1672.22%-1928.57%-328.57%-292.86%433.33%-200.00%-33.33%-88.89%-----0.00%0.00%0.00%---------------
Timing---------------------------------

Key Statistics & Ratios

Market Cap40.14M
Enterprise Value201.08M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.90
Price / Book0.37
EPS-12.44
Book Value14.57
Revenue (TTM)44.55M
Gross Profit (TTM)20.64M
Profit Margin-86.01%
Operating Margin-97.10%
Return on Equity-26.90%
Return on Assets-1.12%
Shares Outstanding7.82M
Shares Float1.61M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
110.14%
Insiders
48.91%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    281.45K3.60%
  • Vanguard Capital Management, LLC
    261.80K3.35%
  • Whitefort Capital Management, LP.
    160.92K2.06%
  • Geode Capital Management, LLC
    117.16K1.50%
  • Dimensional Fund Advisors, Inc.
    73.69K0.94%
  • State Street Corp
    65.78K0.84%
  • Vanguard Fiduciary Trust Co
    41.09K0.53%
  • Millennium Management LLC
    31.15K0.40%
  • Northern Trust Corp
    27.75K0.35%
  • Sowell Financial Services, LLC
    20.66K0.26%
  • Morgan Stanley - Brokerage Accounts
    18.03K0.23%
  • Vanguard Portfolio Management, LLC
    16.22K0.21%
  • Creative Planning Inc
    10.50K0.13%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    186.41K2.38%
  • Fidelity Extended Market Index
    35.63K0.46%
  • iShares Micro-Cap ETF
    20.51K0.26%
  • Fidelity Total Market Index
    14.37K0.18%
  • DFA US Small Cap I
    13.72K0.18%
  • DFA US Micro Cap I
    11.88K0.15%
  • Fidelity Series Total Market Index
    10.01K0.13%

Dividends

20183×
1.00Sep 28, 20183.00Jun 29, 20183.00Mar 29, 2018
20174×
3.00Dec 29, 20173.00Sep 29, 20173.00Jun 29, 20173.00Mar 30, 2017
20164×
3.00Dec 29, 20162.80Oct 3, 20162.80Jun 29, 20162.80Mar 30, 2016
20154×
2.80Dec 29, 20152.60Sep 29, 20152.60Jun 29, 20152.60Mar 30, 2015
20144×
2.60Dec 30, 20142.20Sep 29, 20142.20Jun 27, 20142.20Mar 28, 2014
20134×
2.20Dec 30, 20131.80Sep 27, 20131.80Jun 27, 20131.80Mar 27, 2013
20121×
1.80Dec 12, 2012

Stock Splits

  • May 28, 20251:20