# Kingstone Raises 2026 EPS Outlook, Targets About 16% Premium Growth

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51635
Published: 2026-11-08T14:18:01.000Z
Updated: 2026-11-08T14:18:01.000Z
Section: Business

> The insurer also lifted its return-on-equity outlook to 29% to 30% and improved its combined-ratio outlook to 79% to 83%.

Kingstone Companies, Inc. raised its 2026 diluted earnings-per-share outlook to $2.70 to $2.90 and narrowed its direct premiums written growth forecast to about 16%, as third-quarter net income rose 62% to $17.6 million.

The insurer also lifted its return-on-equity outlook to 29% to 30% and improved its expected combined ratio to 79% to 83%. Third-quarter net income was $1.19 per diluted share.

Kingstone aims to reach $500 million in direct premiums by year-end 2029. Management expects the goal will require about 15% annual growth and cited stronger segmentation and an expense advantage in New York. In California, the company plans to stay small and write business only when pricing and risk quality meet its return requirements.

President and CEO Meryl Golden said, “I'm really excited about our third quarter results, which topped the record we set just last quarter.”