Kingsway Financial Services Inc KFS R2K
Kingsway Financial Services Inc. 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 outsourced 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 to acute healthcare facilities for short-term and day-to-day needs of hospitals; 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. Kingsway Financial Services Inc. was incorporated in 1989 and is headquartered in Chicago, Illinois.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Generates positive free cash flow.
CONS
- Earnings shrank at -47.8% CAGR over 5 years.
- Trading 39.7% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Financial Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | KFS Kingsway Financial Services Inc R2K | 9.99 | - | $307.15M | - | - | -34.88% | 6.03% | -47.80% |
| 2 | JPM JPMorgan Chase & Co. SPX | 299.31 | 14.33 | $802.00B | 2.00% | - | 16.47% | 12.50% | 14.83% |
| 3 | V Visa Inc. SPX | 326.36 | 28.48 | $620.65B | 0.82% | 38.38% | 60.35% | 10.92% | 10.28% |
| 4 | MA Mastercard Incorporated SPX | 493.98 | 28.57 | $436.47B | 0.70% | 61.47% | - | 13.82% | 14.66% |
| 5 | MS Morgan Stanley SPX | 208.00 | 18.84 | $328.08B | 1.92% | - | 16.39% | 9.52% | 15.20% |
| 6 | GS The Goldman Sachs Group, Inc. SPX | 1,025.56 | 18.73 | $302.55B | 1.76% | - | 14.55% | 7.16% | 15.11% |
| 7 | WFC Wells Fargo & Company SPX | 77.54 | 11.98 | $237.29B | 2.32% | - | 12.03% | 4.02% | 15.98% |
| 8 | BLK BlackRock, Inc. SPX | 1,046.88 | 26.32 | $162.51B | 2.19% | 4.89% | 11.90% | 10.65% | 2.36% |
| 9 | SCHW The Charles Schwab Corporation SPX | 87.35 | 17.37 | $151.91B | 1.47% | - | 19.08% | 4.83% | 7.21% |
Quarterly Results
Figures in USD.
| Metric | Sep 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.65M | 8.86M | 9.87M | 9.81M | 11.77M | 12.90M | 11.19M | 10.44M | 11.99M | 18.57M | 18.75M | 17.63M | 22.46M | 23.59M | 22.40M | 26.39M | 26.20M | 24.79M | 26.16M | 26.45M | - | - | 28.35M | 31.46M | 37.60M | 39.01M | 38.96M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.20M | - | - | - | 21.62M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.15M | - | - | - | 17.34M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.63M | - | - | - | 19.20M |
| Operating Income | -86.00K | 136.00K | -582.00K | -401.00K | - | -395.00K | -599.00K | 1.15M | - | 762.00K | 1.56M | 1.37M | - | -699.00K | -1.52M | 1.82M | -899.00K | -828.00K | 450.00K | -1.62M | -75.00K | -610.00K | 822.00K | 778.00K | -114.00K | -758.00K | 1.53M | -4.30M | 514.00K | 393.00K | -208.00K | 767.00K | 126.00K | - | - | -2.48M | - | - | - | -1.87M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -216.00K | -160.00K | -265.00K | 1.40M | 1.77M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.23M | 1.26M | 1.50M | 1.45M | 1.41M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.36M | -3.30M | -4.46M | -2.89M | -2.31M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -264.00K | -131.00K | -2.05M | -1.31M | -47.00K |
| Net Income | -6.96M | 2.13M | 1.81M | -891.00K | - | -1.54M | -596.00K | 1.43M | - | -1.76M | -7.90M | -1.53M | - | -2.29M | -8.64M | -4.32M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.22M | -3.32M | -2.46M | -1.74M | -2.47M |
| Diluted EPS | -0.41 | 0.10 | 0.09 | -0.05 | -0.12 | -0.08 | -0.03 | 0.06 | 0.05 | -0.08 | -0.37 | -0.07 | -0.20 | -0.13 | -0.49 | -0.18 | 0.13 | -0.04 | -0.20 | -0.07 | -0.08 | -0.07 | 0.02 | -0.03 | -0.05 | -0.12 | -0.12 | 1.49 | 1.05 | -0.06 | -0.04 | -0.09 | -0.08 | -0.10 | - | -0.13 | -0.13 | -0.10 | - | -0.10 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 47.61M | - | 114.69M | 107.66M | 112.53M | 136.72M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | -24.59M | -13.49M | 1.50M | -1.77M | -7.07M | 6.78M | -2.29M | -1.41M | -5.22M | - | 43.05M | 29.90M | -3.47M | -8.55M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | 49.50M | 36.12M | 3.53M | 670.00K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | 8.09M | 6.25M | 4.79M | 5.45M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | 34.96M | 23.65M | -8.26M | -14.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | 4.83M | -1.90M | -147.00K | -3.75M |
| Net Income | -20.14M | -52.08M | -36.86M | -12.82M | - | - | -16.94M | -30.72M | -6.91M | -7.79M | - | 24.72M | 23.56M | -9.27M | -10.73M |
| Diluted EPS | -2.09 | -4.05 | -2.61 | -0.75 | 0.04 | 0.01 | -0.79 | -1.41 | -0.32 | -0.35 | - | 0.98 | 0.89 | -0.35 | -0.43 |
Compounded Sales Growth
| 5 Years: | 6.03% |
| 1 Year: | 38.50% |
Compounded Profit Growth
| 5 Years: | -47.80% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -22.32% |
| 6 Months: | -23.09% |
| 3 Months: | -18.38% |
| 1 Month: | -10.24% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Mar 2012 | Dec 2012 | May 2013 | Nov 2013 | Dec 2013 | Dec 2014 | Dec 2015 | Apr 2016 | Jul 2016 | Dec 2016 | Oct 2017 | Dec 2017 | Dec 2018 | Mar 2019 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 374.08M | - | 372.80M | 1.62M | 49.48M | 324.64M | 301.72M | 241.02M | 758.00K | 253.15M | 501.02M | 13.17M | 506.69M | 378.24M | 22.22M | 399.62M | 452.47M | - | 285.65M | 197.72M | 186.62M | 231.50M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash & Equivalents | 140.57M | 85.49M | 85.49M | 80.81M | - | 19.80M | 97.50M | 71.23M | 51.70M | 5.00K | - | 36.48M | - | 5.38M | 14.62M | 755.00K | 13.48M | 14.37M | - | 64.17M | 9.10M | 5.49M | 8.31M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.30M | 10.08M | 9.36M | 13.84M |
| Total Liabilities | - | 257.68M | - | 307.39M | 572.00K | 44.53M | 287.72M | 253.53M | 190.93M | 14.00K | 251.65M | 437.76M | 3.17M | 450.78M | 348.18M | 13.85M | 378.85M | 433.81M | - | 263.53M | 173.11M | 168.31M | 197.09M |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Long Term Debt | - | 8.85M | - | 61.16M | - | - | 57.68M | 54.28M | 39.90M | - | - | 233.69M | - | 244.14M | 253.26M | - | 258.53M | 268.29M | - | 102.09M | 44.42M | 57.54M | 70.71M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 103.31M | 45.61M | 60.22M | 78.02M |
| Total Equity | - | 123.43M | - | 65.07M | - | - | 35.47M | 37.46M | 41.95M | - | - | 56.01M | - | 41.37M | 12.46M | - | 874.00K | -2.00M | - | 21.68M | 27.71M | 16.66M | 31.42M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.44M | 27.77M | 28.12M | 29.65M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | -41.81M | -16.34M | -32.80M | -15.59M | -14.40M | -10.14M | 759.00K | 1.67M | - | -14.57M | -26.19M | 1.07M | -3.00K |
| Investing Cash Flow | - | - | 60.03M | -16.71M | 26.19M | -8.77M | 20.10M | 20.05M | -6.47M | 4.01M | - | 100.94M | 6.46M | -16.85M | -29.61M |
| Financing Cash Flow | -7.94M | -3.94M | -437.00K | 6.78M | -12.92M | 9.13M | 2.17M | -4.09M | 1.31M | 13.60M | - | -37.93M | -39.96M | 11.44M | 32.75M |
| Capital Expenditure | -1.34M | -170.00K | -1.13M | 4.66M | -203.00K | -645.00K | - | - | - | -213.00K | -830.00K | - | -205.00K | -709.00K | -1.62M |
| Free Cash Flow | - | - | -42.94M | -11.68M | -33.01M | -16.23M | - | - | - | 1.46M | - | -14.57M | -26.39M | 358.00K | -1.62M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | 45.88M | -60.26M | -4.95M | 3.13M |
| Share Buybacks | - | - | - | 0 | 0 | 125.00K | 0 | - | - | - | - | 0 | 3.20M | 2.50M | 345.00K |
Ratios (Annual)
Figures in %.
| Metric | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | - | -11.0% | - | 37.5% | 27.8% | -3.1% | -6.3% |
| Net Margin % | - | - | - | - | - | - | - | - | - | -16.4% | - | 21.6% | 21.9% | -8.2% | -7.8% |
| ROE % | -16.3% | -80.0% | -103.9% | -34.2% | - | - | -41.0% | -246.5% | -790.0% | 389.9% | - | 114.0% | 85.0% | -55.6% | -34.2% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Stilwell Value LLC | 11.62% | 3.36M | $36.09M |
| 2 | Greenhaven Road Investment Management, L.p. | 6.40% | 1.85M | $19.87M |
| 3 | Capricorn Fund Managers Ltd | 6.17% | 1.78M | $19.15M |
| 4 | Blackrock Inc. | 3.94% | 1.14M | $12.24M |
| 5 | Vanguard Capital Management LLC | 2.54% | 734.36K | $7.88M |
| 6 | Geode Capital Management, LLC | 1.65% | 478.31K | $5.13M |
| 7 | Belpointe Asset Management LLC | 1.25% | 360.51K | $3.87M |
| 8 | Renaissance Technologies, LLC | 1.10% | 319.67K | $3.43M |
| 9 | State Street Corporation | 1.05% | 303.81K | $3.26M |
| 10 | Bard Associates Inc. | 0.96% | 277.86K | $2.98M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for KFS