Is Kingsway Financial stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Kingsway Financial pays dividends. Last time was Tuesday 30th of June 2009 where the investors holding the stock on Thursday 11th of June 2009 were paid $0.02 per share. Over the last 18 times between 2005 and 2009, Kingsway Financial has paid $1.0735 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Kingsway Financial 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $2.84, you would have made a profit of $5.12 per share or 180.28%
No, the average daily trading liquidity for Kingsway Financial is $67 198 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Kingsway Financial has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Kingsway Financial to be high [0.75 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.