Symbols / KG Stock $9.82 -6.03% Kestrel Group Ltd

Financial Services • Insurance - Reinsurance • Bermuda • NCM
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Insurance - Reinsurance
CEO
Exch · Country NCM · Bermuda
Market Cap 76.03M
Enterprise Value 244.68M
Income 49.11M
Sales 34.05M
FCF (ttm) -446.01M
Book/sh 16.57
Cash/sh 1.01
Employees 44
Insider 10d
IPO May 06, 2008
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 1.15
Forward P/E
PEG
P/S 2.23
P/B 0.59
P/C
EV/EBITDA
EV/Sales 7.19
Quick Ratio 0.15
Current Ratio 7.55
Debt/Eq 137.55
LT Debt/Eq
EPS (ttm) 8.57
EPS next Y
EPS Growth
Revenue Growth 7.37%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next)
Earnings (prior)
ROA 0.15%
ROE 74.56%
ROIC
Gross Margin 64.39%
Oper. Margin -28.72%
Profit Margin 137.23%
Shs Outstand 7.74M
Shs Float 1.59M
Insider Own 76.20%
Instit Own 113.44%
Short Float
Short Ratio 9.34
Short Interest 155.88K
52W High 36.80
vs 52W High -73.32%
52W Low 8.07
vs 52W Low 21.69%
Beta
Impl. Vol.
Rel Volume 0.48
Avg Volume 17.20K
Volume 8.19K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $10.45
Price $9.82
Change -6.03%
About

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

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$9.82
Low
High
Mean
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-18 HAVERON PATRICK J President 145,788 $0.00 $0
2026-03-18 LEDBETTER BRADFORD LUKE Chief Executive Officer 145,788 $0.00 $0
2026-03-18 LEDBETTER TERRY LEE SR Officer, Director and Beneficial Owner 145,788 $0.00 $0
2025-09-05 NIGRO STEVEN HAROLD Director 2,337 $0.00 $0
2025-09-05 WEISSMANN JEFFREY Director 2,337 $0.00 $0
2025-09-05 HOTCHKISS MICHAEL Director 2,337 $0.00 $0
2025-09-05 BRECHER JOSEPH Director 2,337 $0.00 $0
2025-09-05 COHEN ERIK G Director 2,337 $0.00 $0
2025-03-31 JARMAN WILLIAM T Officer 76,086
2025-03-31 HEINTZMAN MARK O Officer 65,217
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Revenue
32.33
+740.29%
3.85
+189.24%
1.33
Operating Revenue
32.33
+740.29%
3.85
+189.24%
1.33
Cost Of Revenue
3.40
-3.50%
3.53
Reconciled Cost Of Revenue
3.40
-3.50%
3.53
Gross Profit
1.85
+184.17%
-2.20
Operating Expense
1.71
-24.17%
2.25
Selling General And Administration
29.06
+468.95%
5.11
+158.64%
1.97
General And Administrative Expense
29.06
+468.95%
5.11
+158.64%
1.97
Other Gand A
29.06
+468.95%
5.11
+193.89%
1.74
Other Operating Expenses
0.39
+43.15%
0.28
Total Expenses
-17.26
-437.82%
5.11
-11.55%
5.78
Operating Income
0.14
+103.19%
-4.45
Total Operating Income As Reported
0.14
+103.19%
-4.45
EBITDA
0.14
+103.19%
-4.45
Normalized EBITDA
0.14
+103.19%
-4.45
EBIT
59.45
+4814.27%
-1.26
+71.63%
-4.45
Total Unusual Items
68.31
0.00
Total Unusual Items Excluding Goodwill
68.31
0.00
Special Income Charges
68.31
0.00
Restructuring And Mergern Acquisition
-68.31
0.00
Net Income
46.73
+3719.29%
-1.29
+69.37%
-4.22
Pretax Income
49.58
+4031.96%
-1.26
+70.09%
-4.22
Net Non Operating Interest Income Expense
-9.87
0.00
-100.00%
0.23
Interest Expense Non Operating
9.87
0.00
Net Interest Income
-9.87
0.00
-100.00%
0.23
Interest Expense
9.87
0.00
Interest Income Non Operating
0.21
-7.51%
0.23
Interest Income
0.21
-7.51%
0.23
Tax Provision
0.07
+126.67%
0.03
0.00
Tax Rate For Calcs
0.00
-99.60%
0.00
0.00
Tax Effect Of Unusual Items
0.07
0.00
0.00
Net Income Including Noncontrolling Interests
46.73
+3719.29%
-1.29
+69.37%
-4.22
Net Income From Continuing Operation Net Minority Interest
49.54
+3937.18%
-1.29
+69.37%
-4.22
Net Income From Continuing And Discontinued Operation
46.73
+3719.29%
-1.29
+69.37%
-4.22
Net Income Continuous Operations
49.54
+3937.18%
-1.29
+69.37%
-4.22
Net Income Discontinuous Operations
-2.81
0.00
Normalized Income
-18.70
-1348.47%
-1.29
+69.37%
-4.22
Net Income Common Stockholders
46.73
+3719.29%
-1.29
+69.37%
-4.22
Diluted EPS
-0.13
+69.37%
-0.42
Basic EPS
-0.13
+69.37%
-0.42
Basic Average Shares
9.94
+0.00%
9.94
Diluted Average Shares
9.94
+0.00%
9.94
Diluted NI Availto Com Stockholders
46.73
+3719.29%
-1.29
+69.37%
-4.22
Earnings From Equity Interest Net Of Tax
0.02
0.00
Loss Adjustment Expense
8.99
Net Policyholder Benefits And Claims
8.99
Policyholder Benefits Ceded
1.78
Policyholder Benefits Gross
10.77
Rent And Landing Fees
0.24
-0.44%
0.24
Rent Expense Supplemental
0.24
-0.44%
0.24
Line Item Trend 2025-12-31
Total Assets
1,009.96
Current Assets
Cash Cash Equivalents And Short Term Investments
150.82
Cash And Cash Equivalents
7.80
Other Short Term Investments
143.02
Receivables
472.88
Accounts Receivable
461.92
Other Receivables
10.96
Loans Receivable
86.88
Other Current Assets
Total Non Current Assets
Net PPE
Gross PPE
Other Properties
Goodwill And Other Intangible Assets
9.35
Other Intangible Assets
9.35
Investments And Advances
381.61
Long Term Equity Investment
165.72
Total Liabilities Net Minority Interest
881.67
Current Liabilities
Payables And Accrued Expenses
Payables
Accounts Payable
Pensionand Other Post Retirement Benefit Plans Current
Current Debt And Capital Lease Obligation
Current Capital Lease Obligation
Total Non Current Liabilities Net Minority Interest
Long Term Debt And Capital Lease Obligation
174.40
Long Term Debt
174.40
Long Term Capital Lease Obligation
Other Non Current Liabilities
Stockholders Equity
128.28
Common Stock Equity
128.28
Capital Stock
0.10
Common Stock
0.10
Share Issued
9.98
Ordinary Shares Number
7.74
Treasury Shares Number
2.24
Additional Paid In Capital
177.53
Retained Earnings
1.20
Gains Losses Not Affecting Retained Earnings
0.92
Treasury Stock
51.46
Other Equity Adjustments
0.92
Total Equity Gross Minority Interest
128.28
Total Capitalization
302.69
Working Capital
Invested Capital
302.69
Total Debt
174.40
Net Debt
166.60
Capital Lease Obligations
Net Tangible Assets
118.94
Tangible Book Value
118.94
Investments In Other Ventures Under Equity Method
165.72
Limited Partnership Capital
Other Equity Interest
Total Partnership Capital
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Operating Cash Flow
-96.14
-7488.08%
-1.27
+49.02%
-2.49
Cash Flow From Continuing Operating Activities
-93.19
-7255.33%
-1.27
+49.02%
-2.49
Cash From Discontinued Operating Activities
-2.95
0.00
Net Income From Continuing Operations
49.54
+3937.18%
-1.29
+69.37%
-4.22
Other Non Cash Items
-69.75
-54168.22%
0.13
+94.26%
0.07
Stock Based Compensation
0.06
+0.00%
0.06
Operating Gains Losses
-3.51
Gain Loss On Investment Securities
-5.23
Net Foreign Currency Exchange Gain Loss
1.72
0.00
Change In Working Capital
-69.45
-66040.00%
-0.10
-106.55%
1.60
Change In Receivables
12.38
+8142.53%
-0.15
0.00
Changes In Account Receivables
9.91
0.00
0.00
Change In Prepaid Assets
0.00
+195.95%
-0.00
Change In Payables And Accrued Expense
-18.74
-1093.38%
-1.57
-192.04%
1.71
Change In Accrued Expense
-18.74
-1093.38%
-1.57
Change In Payable
-1.42
-183.51%
1.71
Change In Account Payable
-1.42
-183.51%
1.71
Change In Other Working Capital
-6.52
0.00
+100.00%
-0.03
Change In Other Current Assets
-1.46
-199.39%
1.47
Change In Other Current Liabilities
-0.07
-8.38%
-0.06
Investing Cash Flow
146.94
0.00
Cash Flow From Continuing Investing Activities
146.94
0.00
Net Investment Purchase And Sale
45.80
0.00
Purchase Of Investment
-105.14
0.00
Sale Of Investment
150.94
0.00
Net Business Purchase And Sale
78.73
0.00
Purchase Of Business
-1.07
0.00
Net Other Investing Changes
22.41
Financing Cash Flow
-40.00
0.00
Cash Flow From Continuing Financing Activities
-40.00
0.00
Cash Dividends Paid
-40.00
0.00
Changes In Cash
10.80
+952.72%
-1.27
+49.02%
-2.49
Effect Of Exchange Rate Changes
0.39
0.00
Beginning Cash Position
4.29
-22.82%
5.55
-30.92%
8.04
End Cash Position
15.48
+261.22%
4.29
-22.82%
5.55
Free Cash Flow
-96.14
-7488.08%
-1.27
+49.02%
-2.49
Interest Paid Supplemental Data
11.34
0.00
Income Tax Paid Supplemental Data
0.05
0.00
Sale Of Business
79.81
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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