Kingsway Financial (KFS) Stock

About Kingsway Financial

Kingsway Financial Services Inc., operating through its subsidiaries, engages in a variety of ventures encompassing extended warranty services, real estate, and specialized consulting. The company's operations are organized into three principal divisions: Extended Warranty, Leased Real Estate, and Kingsway Search Xcelerator. The Extended Warranty segment focuses on the marketing, sale, and administration of vehicle service agreements and associated products for new and used cars, motorcycles, and ATVs. This segment also offers new home warranty products and provides uninsured warranty administration services to both homebuilders and homeowners. Furthermore, it distributes warranty solutions to manufacturers, distributors, and installers of heating, ventilation, and air conditioning systems, standby generators, commercial LED lighting, and commercial refrigeration equipment, in addition to supplying equipment breakdown and maintenance support to various companies. The Leased Real Estate segment possesses a significant real property asset, which is a parcel of approximately 192 acres located in Texas. Kingsway Search Xcelerator delivers outsourced financial and human resources consulting services. These services include operational accounting, covering bookkeeping, general accounting, financial reporting, and analysis; strategic finance services; technical accounting, which encompasses initial public offerings, SEC reporting, and international consolidation; human resources, workforce management, and compliance support; and broader advisory services. The company distributes its offerings through a wide array of channels, including credit unions, dealers, homebuilders, and directly to consumers. Kingsway Financial Services Inc. was founded in 1989 and is headquartered in Itasca, Illinois.

Kingsway Financial is led by CEO John Taylor-Maloney Fitzgerald, employs 433 people, headquartered in US, publicly traded since 2001.

Kingsway Financial (KFS) stock trades at $10.44 with a market capitalization of $302.20M. The stock is valued at a negative price-to-earnings (P/E) ratio of -24.28, reflecting a net loss over the last twelve months, price-to-book of 9.75, price-to-sales of 2.15. Over the past 52 weeks the stock has ranged between $9.84 and $16.80, and currently trades 37.8% below its 52-week high. It pays a dividend yielding 0.27%.

On profitability, Kingsway Financial generates a return on equity (ROE) of -35.48% (negative, reflecting a net loss), return on capital employed of -41.18%, an operating margin of -10.22%, a net profit margin of -6.77%.

Official website: www.kingsway-financial.com

Kingsway Financial by the numbers, 2016–2025

Between 2016 and 2025 Kingsway Financial reported revenue of $177.0M rising to $137.0M, a change of -22.6% across 10 years. Compounded, revenue has grown 14.7% a year over five years, 6.0% over three, 21.2% over the last twelve months. Net profit fell to $-11.0M.

Operating margin went from -3.9% in 2016 to -10.2% in 2025, a fall of 6.4 percentage points. The most recent net margin is -6.77%. On a trailing twelve-month basis to Mar '26, revenue is $147.0M and net profit $-9.0M.

Borrowings fell from $234.0M to $78.0M, cash from operations was $0 in the latest year, positive in 2 of the last 10.

Return on equity has averaged 22.2% over five years, and was -35.5% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Kingsway Financial (KFS) — frequently asked questions