Kingsway Corporation

Kingsway Corporation

KWY · NYSE · Financial Services / Asset Management

9.01USD-0.07 (-0.77%)

Price History

Full chart

Market Stats

Previous Close9.08
Open9.00
Day Range8.97 – 9.09
52-Week Range8.41 – 16.51
Volume29.36K
Market Cap261.25M
P/E (TTM)0.00
Forward P/E8.32
EPS-0.30
Dividend Yield0.00%
Beta0.25
50-Day Avg9.66
200-Day Avg11.07

About

Kingsway Corporation through its subsidiaries, engages in the extended warranty and business services in the United States. It operates through two segments: Kingsway Search Xcelerator and Extended Warranty. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies, as well as after-market vehicle protection services. Its Kingsway Search Xcelerator segment offers finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, Securities and Exchange Commission reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. This segment also provides financial executive services for project and interim staffing engagements; search services for permanent placements; healthcare staffing services; software products for the management needs of all types of shared-ownership properties; and fully managed outsourced cardiac telemetry services, as well as provides mobile monitors to the hospitals. It also offers information technology managed services, as well as Electric Motor Solutions and Vertical Market Software services. The company offers its products and services through credit unions and dealers. The company was formerly known as Kingsway Financial Services Inc. and changed its name to Kingsway Corporation in May 2026. The company was incorporated in 1989 and is headquartered in Chicago, Illinois.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. John Taylor-Maloney Fitzgerald
  • Employees569
  • Headquarters10 S. Riverside Plaza, Chicago, IL, United States, 60606, USA
  • Websitehttps://kingsway-financial.com

Leadership

  • Mr. John Taylor-Maloney FitzgeraldPresident, CEO & Director · b. 1971
  • Mr. Kent A. HansenExecutive VP, Corporate Secretary & CFO · b. 1972
  • Ms. Leonia RodriguesPresident of Assigned Risk Solutions Ltd · b. 1968
  • Mr. Douglas Neil RaucyCEO of Maison Insurance Company & President of Maison Insurance Company · b. 1957
  • Mr. Stephen Joe HarrisonPresident of Mendota Insurance Company · b. 1952

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue114.69M107.66M112.53M136.72M
Growth (%)--6.13%+4.53%+21.50%
Cost of Revenue---76.17M
Gross Profit---60.55M
Gross Margin---44.29%
Operating Expense---74.56M
Operating Income----14.00M
Operating Margin----10.24%
EBITDA49.50M36.12M3.53M670.00K
EBITDA Margin43.16%33.55%3.13%0.49%
Net Income24.72M23.56M-9.27M-10.73M
Net Income Margin21.56%21.88%-8.24%-7.85%
Interest Expense8.09M6.25M4.79M5.45M
Interest Expense % of Total Revenue7.06%5.81%4.26%3.99%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets285.65M197.72M186.62M231.50M
Total Liabilities263.53M173.11M168.31M197.09M
Total Equity21.68M27.71M16.66M31.42M
Cash64.17M9.10M5.49M8.31M
Total Debt---78.02M
Net Debt37.92M35.32M52.04M69.71M

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow----14.57M-26.19M1.07M-3.00K
Investing Cash Flow-------29.61M
Financing Cash Flow----5.57M-39.35M11.88M32.75M
Capital Expenditure0000205.00K709.00K1.62M
Free Cash Flow----14.57M-26.39M358.00K-1.62M
Dividends Paid----013.00K1.02M
FCF to OCF---100.00%100.78%33.55%54033.33%
Dividend Paid to FCF----0.00%3.63%-63.17%

Earnings

Report DateNov 23, 2000Apr 16, 2001Aug 9, 2001Nov 8, 2001May 2, 2002Aug 8, 2002Nov 7, 2002Feb 10, 2003May 1, 2003Aug 8, 2003Oct 20, 2003Feb 12, 2004May 6, 2004Aug 5, 2004Nov 2, 2004Feb 10, 2005May 4, 2005Aug 4, 2005Nov 3, 2005Feb 8, 2006May 3, 2006Aug 3, 2006Nov 2, 2006Feb 8, 2007May 2, 2007Aug 2, 2007Nov 8, 2007Feb 15, 2008May 7, 2008Aug 7, 2008Nov 5, 2008Feb 20, 2009May 8, 2009Aug 7, 2009Nov 6, 2009May 14, 2010Aug 13, 2010Nov 12, 2010Mar 31, 2011Jun 14, 2011Aug 15, 2011Nov 14, 2011Mar 30, 2012Jun 13, 2012Aug 13, 2012Nov 12, 2012Mar 25, 2013May 13, 2013Aug 9, 2013Nov 8, 2013Apr 30, 2014Aug 8, 2014Nov 7, 2014May 15, 2015Aug 7, 2015Nov 6, 2015Mar 30, 2016Apr 22, 2016Jul 27, 2016Nov 2, 2016Mar 28, 2017Jun 20, 2017Aug 8, 2017Oct 27, 2017Feb 20, 2018May 11, 2018Aug 2, 2018Nov 8, 2018Mar 14, 2019May 13, 2019Aug 5, 2019Nov 11, 2019Mar 11, 2020Apr 30, 2020Aug 14, 2020Nov 6, 2020Mar 29, 2021May 12, 2021Aug 5, 2021Nov 4, 2021Mar 1, 2022May 9, 2022Aug 4, 2022Nov 11, 2022Mar 9, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Mar 6, 2024May 9, 2024Aug 7, 2024Nov 7, 2024Mar 5, 2025Mar 31, 2025Aug 7, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.670.690.850.900.730.951.000.921.05-0.951.761.461.511.641.791.742.051.992.192.072.252.292.442.212.101.96-4.241.481.220.52-5.55-1.17-0.57-0.82-0.88-1.52-1.48-0.70-1.34-1.26-----------------------------------------------------------
EPS Actual0.720.560.860.900.840.831.131.331.121.570.850.971.601.791.762.061.661.922.242.572.162.322.240.340.841.481.36-7.96-1.56-0.04-2.121.36-2.80-2.52-7.52-2.04-1.28-1.22-0.87-1.27-0.320.55-0.51-0.84-0.46-1.44-1.04-1.33-0.780.14-0.10-0.30-0.410.100.09-0.05-0.12-0.08-0.030.06-0.43-0.08-0.37-0.07-0.21-0.13-0.40-0.18-0.520.13-0.04-0.20-0.20-0.07-0.08-0.07-0.140.02-0.03-0.050.03-0.12-0.121.490.191.05-0.06-0.04-0.07-0.09-0.09-0.10-0.07-0.13-0.13-0.10-0.07-0.10-0.03-
Surprise7.46%-18.84%1.18%0.00%15.07%-12.63%13.00%44.57%6.67%--10.53%-44.89%9.59%18.54%7.32%15.08%-4.60%-6.34%12.56%17.35%4.35%3.11%-2.18%-86.07%-61.99%-29.52%-30.61%-87.74%-205.41%-103.28%-507.69%124.50%-139.32%-342.11%-817.07%-131.82%15.79%17.57%-24.29%5.22%74.60%-----------------------------------------------------------
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hours-After-hours----------------------------------------------------------After-hoursAfter-hours

Key Statistics & Ratios

Market Cap261.25M
Enterprise Value313.39M
Trailing P/E0.00
Forward P/E8.32
PEG Ratio0.83
Price / Sales1.64
Price / Book21.43
EPS-0.30
Book Value0.449
Revenue (TTM)158.88M
Gross Profit (TTM)133.15M
EBITDA7.63M
Profit Margin-4.59%
Operating Margin1.11%
Return on Equity-17.97%
Return on Assets-0.83%
Shares Outstanding28.93M
Shares Float13.95M
Beta0.25
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
50.81%
Insiders
27.11%
Retail / Other
22.08%

Top Institutional Holders

  • Stilwell Value LLC
    3.36M11.63%
  • Greenhaven Road Investment Management, L.P.
    1.85M6.40%
  • Capricorn Fund Managers Ltd
    1.41M4.88%
  • BlackRock Inc
    1.14M3.94%
  • Vanguard Capital Management, LLC
    734.36K2.54%
  • Geode Capital Management, LLC
    478.31K1.65%
  • Belpointe Asset Management LLC
    358.51K1.24%
  • Renaissance Technologies Corp
    319.67K1.10%
  • State Street Corp
    303.81K1.05%
  • Bard Associates Inc
    279.27K0.97%
  • Northern Trust Corp
    167.53K0.58%
  • Vanguard Fiduciary Trust Co
    139.13K0.48%
  • Annandale Capital, LLC
    128.20K0.44%
  • Warren Averett Asset Management, LLC
    125.00K0.43%

Top Fund Holders

  • Abacus Value Capital Fund AGmvK
    1.00M3.46%
  • Vanguard MStar Total Stk Mkt Idx Invest
    598.33K2.07%
  • iShares Russell 2000 ETF
    529.36K1.83%
  • Electa Value Capital Fund AGmvK B
    237.04K0.82%
  • Fidelity Small Cap Index
    231.26K0.80%
  • iShares Russell 2000 Growth ETF
    204.96K0.71%

Dividends

20092×
0.07Jun 11, 20090.06Mar 12, 2009
20084×
0.24Dec 11, 20080.28Sep 11, 20080.30Jun 12, 20080.30Mar 13, 2008
20074×
0.27Dec 12, 20070.28Sep 12, 20070.28Jun 13, 20070.26Mar 13, 2007
20064×
0.26Dec 13, 20060.22Sep 13, 20060.23Jun 13, 20060.22Mar 13, 2006
20054×
0.17Dec 13, 20050.20Sep 13, 20050.16Jun 13, 20050.20Mar 11, 2005

Stock Splits

  • Jul 5, 20121:4