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Kingsway Financial Services Inc. - KFS STOCK NEWS

Welcome to our dedicated news page for Kingsway Financial Services (Ticker: KFS), a resource for investors and traders seeking the latest updates and insights on Kingsway Financial Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kingsway Financial Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kingsway Financial Services's position in the market.

Rhea-AI Summary
Kingsway Financial Services Inc. announced a fireside chat with Will Thorndike at its Investor Day on May 20, 2024. The event will cover topics like capital allocation and long holding periods. Mr. Thorndike, Managing Partner of The Cromwell Harbor Partnership and author of 'The Outsiders', will share insights with CEO John T. Fitzgerald at the New York Stock Exchange. The event will also feature a cocktail reception later in the day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
Tags
none
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Rhea-AI Summary
Kingsway Financial Services Inc. announces an Investor Day following their Annual General Meeting of shareholders in New York City. The event will cover operations, growth strategy, and financial structure, with live webcast options available for attendees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
conferences
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Rhea-AI Summary
Kingsway Financial Services Inc. announced its 2023 financial results, revealing an 11% increase in consolidated revenue to $103.2 million. The company's Extended Warranty segment saw a revenue decrease due to the sale of PWSC but KSX revenue surged by 82% driven by acquisitions. Net income rose to $24 million, and adjusted EBITDA stood at $9.1 million. Recent highlights include key appointments and a positive outlook for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
Rhea-AI Summary
Kingsway Financial Services Inc. (NYSE:KFS) will report financial results for the twelve months ended December 31, 2023, on March 5, 2024. A conference call will be held to discuss the results at 5 p.m. Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.9%
Tags
conferences earnings
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Rhea-AI Summary
Kingsway Financial Services Inc. (KFS) has released a new investor presentation on their website, offering an overview of the company's business, industry, financials, and relevant information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
Tags
none
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Rhea-AI Summary
Kingsway Financial Services Inc. announces the formation of Vertical Market Solutions, LLC and the acquisition of Systems Products International, Inc. under the Kingsway Search Xcelerator Program. The acquisition is expected to be immediately accretive and provide uplift to recurring revenue. Kingsway also welcomes Miles Mamon as the newest OIR in the Kingsway Search Xclerator segment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
conferences earnings
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Rhea-AI Summary
Kingsway Financial Services Inc. is set to join the Russell 3000 Index and the Russell 2000 Index. This inclusion will bring increased exposure to potential new investors. Kingsway aims to deliver attractive returns for shareholders through organic growth and acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.57%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
conferences
Kingsway Financial Services Inc.

NYSE:KFS

KFS Rankings

KFS Stock Data

231.72M
12.25M
28.8%
46.22%
1.49%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States
Chicago

About KFS

kingsway is a holding company functioning as a merchant bank with a focus on long-term value-creation. the company owns or controls stakes in several insurance industry assets and utilizes its subsidiaries, 1347 advisors llc and 1347 capital llc, to pursue opportunities acting as an advisor, an investor and a financier. the common shares of kingsway are listed on the toronto stock exchange and the new york stock exchange under the trading symbol “kfs.”