KWY
Kingsway Corporation
NYSEUSDEQUITY
Financial Services
DELAYED
Last price
10.42
▲ 0.39 (3.89%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Tool
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
10.03
Prev close
10.03
Day high
10.47
Day low
10.13
Volume
67.34K
Market cap
$301.46M
P/E (TTM)
—
52W range
8.41 – 16.51
Day trading desk
Gap from prior close
+0.00%
Prior close 10.03
VWAP
10.35
+0.68% from price
Relative volume
0.99×
Normal
Session range
16.33%
9.00 – 10.47
Position in range
97%
Near session high
ATR (14D)
0.48
4.63% of price
Prior day high
10.12
PDH
Prior day low
9.75
PDL
Bid / ask spread
—
Quote not published
Session volume
70.58K
Avg 71.30K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+4.83%
+6.2%
1M
+21.02%
+17.3%
3M
+1.86%
-1.2%
6M
-16.44%
-27.5%
YTD
-22.53%
-34.8%
1Y
-24.98%
-45.0%
3Y
+20.74%
-53.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on KWY open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-87.78K
Net selling
Buy transactions
12
27.22K shares
Sell transactions
3
115.00K shares
Net transactions
+15
Buys less sells
Sell : buy shares
4.2 : 1
Mixed
Insider-held shares
7.84M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 17, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
BUY | 254 | $2.51K | Direct |
| Aug 17, 26 | HANSEN KENT A Chief Financial Officer |
BUY | 158 | $1.56K | Direct |
| Aug 13, 26 | STILWELL JOSEPH D Director and Beneficial Owner of more than 10% of a Class of Security |
SELL | 100.00K | $1.00M | Indirect |
| Jul 30, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
BUY | 278 | $2.50K | Direct |
| Jun 15, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
BUY | 240 | $2.50K | Direct |
| Jun 15, 26 | HANSEN KENT A Chief Financial Officer |
BUY | 150 | $1.56K | Direct |
| May 29, 26 | HOROWITZ JOSHUA S Director |
BUY | 4.50K | $44.63K | Indirect |
| May 27, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
STOCK | 6.26K | $62.51K | Direct |
| May 21, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
SELL | 5.00K | $50.67K | Indirect |
| May 20, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
SELL | 10.00K | $103.65K | Indirect |
| May 15, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
BUY | 230 | $2.50K | Direct |
| Apr 30, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
BUY | 229 | $2.50K | Direct |
| Apr 30, 26 | HANSEN KENT A Chief Financial Officer |
BUY | 143 | $1.56K | Direct |
| Apr 15, 26 | FITZGERALD JOHN TAYLOR MALONEY Chief Executive Officer |
BUY | 211 | $2.50K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
FITZGERALD JOHN TAYLOR MALONEY |
Chief Executive Officer | 1.51M | Purchase |
HANNON GREGORY PAUL |
Director | — | Conversion of Exercise of derivative security |
HANSEN KENT A |
Chief Financial Officer | 136.19K | Purchase |
HOROWITZ JOSHUA S |
Director | — | Purchase |
KAVANAGH TERENCE MICHAEL |
Director | — | Conversion of Exercise of derivative security |
OAKMONT CAPITAL INC. |
Beneficial Owner of more than 10% of a Class of Security | 1.99M | Conversion of Exercise of derivative security |
PATINKIN ADAM JONATHAN |
Director | — | Conversion of Exercise of derivative security |
STILWELL JOSEPH D |
Director and Beneficial Owner of more than 10% of a Class of Security | — | Sale |
Fundamentals
Market cap$301.46M
Enterprise value$348.89M
Revenue (TTM)$158.88M
Gross profit$133.15M
EBITDA$7.63M
Net income$-8.58M
EPS (TTM)$-0.30
Free cash flow$5.80M
Total cash$46.10M
Total debt$74.01M
Book value / share$0.45
Shares outstanding28.93M
Float13.95M
Short % of float9.30%
Dividend yield—
Beta (5Y)0.24
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio0.83
Price / sales—
Price / book23.21
EV / revenue2.20
EV / EBITDA45.72
Gross margin83.81%
Operating margin1.11%
Profit margin-4.59%
Return on equity-17.97%
Return on assets-0.83%
Debt / equity228.85
Current ratio0.83
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $136.72M | $112.53M | $107.66M | $114.69M | +21.5% |
| Operating revenue | $136.72M | $112.53M | $107.66M | $114.69M | +21.5% |
| Selling, general & admin | $61.22M | $44.92M | $41.80M | $43.52M | +36.3% |
| Net interest income | -$5.45M | -$4.79M | -$6.25M | -$8.09M | -13.8% |
| Pre-tax income | -$14.00M | -$8.26M | $23.65M | $34.96M | -69.5% |
| Tax provision | -$3.75M | -$147.00K | -$1.90M | $4.83M | -2,452.4% |
| Net income | -$10.73M | -$9.27M | $23.56M | $24.72M | -15.7% |
| Net income to common | -$11.92M | -$9.45M | $23.48M | $24.42M | -26.1% |
| Basic EPS | -0.43 | -0.35 | 0.91 | 1.06 | -22.9% |
| Diluted EPS | -0.43 | -0.35 | 0.89 | 0.98 | -22.9% |
| EBIT | -$8.55M | -$3.47M | $29.90M | $43.05M | -146.5% |
| EBITDA | $670.00K | $3.53M | $36.12M | $49.50M | -81.0% |
| Basic shares | 27.86M | 27.19M | 25.71M | 22.96M | +2.5% |
| Diluted shares | 27.86M | 27.19M | 26.45M | 25.30M | +2.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $8.31M | $5.49M | $9.10M | $64.17M | +51.2% |
| Cash & short-term investments | $15.63M | $42.63M | $15.18M | $101.92M | -63.3% |
| Accounts receivable | $13.84M | $9.36M | $10.08M | $10.30M | +47.8% |
| Property, plant & equipment | $13.37M | $3.96M | $2.74M | $1.68M | +237.8% |
| Goodwill & intangibles | $121.39M | $96.57M | $86.03M | $78.60M | +25.7% |
| Total assets | $231.50M | $186.62M | $197.72M | $285.65M | +24.1% |
| Long-term debt | $70.71M | $57.54M | $44.42M | $102.09M | +22.9% |
| Total debt | $78.02M | $60.22M | $45.61M | $103.31M | +29.6% |
| Total liabilities | $197.09M | $168.31M | $173.11M | $263.53M | +17.1% |
| Retained earnings | -$373.37M | -$361.45M | -$346.87M | -$370.43M | -3.3% |
| Shareholder equity | $31.42M | $16.66M | $27.71M | $21.68M | +88.6% |
| Net tangible assets | -$89.98M | -$79.91M | -$58.32M | -$56.91M | -12.6% |
| Shares issued | 29.65M | 28.12M | 27.77M | 23.44M | +5.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$10.25M | -$8.29M | $24.01M | $15.06M | — | -23.6% |
| Depreciation & amortisation | $9.22M | $7.00M | $6.22M | $6.45M | — | +31.8% |
| Stock-based compensation | $1.72M | $1.78M | $1.64M | $4.05M | — | -3.6% |
| Change in working capital | — | -$1.40M | — | — | $1.09M | — |
| Operating cash flow | -$3.00K | $1.07M | -$26.19M | -$14.57M | — | -100.3% |
| Capital expenditure | -$1.62M | -$709.00K | -$205.00K | — | -$830.00K | -128.2% |
| Investing cash flow | -$29.61M | -$16.85M | $6.46M | $100.94M | — | -75.8% |
| Share buybacks | -$345.00K | -$2.50M | -$3.20M | $0 | — | +86.2% |
| Dividends paid | -$1.02M | -$13.00K | $0 | — | — | -7,776.9% |
| Financing cash flow | $32.75M | $11.44M | -$39.96M | -$37.93M | — | +186.2% |
| Free cash flow | -$1.62M | $358.00K | -$26.39M | -$14.57M | — | -552.8% |
| End cash position | $16.27M | $13.14M | $17.50M | $77.23M | — | +23.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $39.44M | $38.96M | $39.01M | $37.60M | $30.92M | — | +1.2% |
| Operating revenue | $39.44M | $38.96M | $39.01M | $37.60M | $30.92M | — | +1.2% |
| Cost of revenue | $22.32M | $21.62M | — | — | $17.91M | $16.20M | +3.2% |
| Gross profit | $17.12M | $17.34M | — | — | $13.01M | $12.15M | -1.2% |
| Selling, general & admin | $16.84M | $16.53M | $17.15M | $17.20M | $13.97M | — | +1.9% |
| Total operating expense | $19.66M | $19.20M | — | — | $15.98M | $14.63M | +2.4% |
| Operating income | -$2.54M | -$1.87M | — | — | -$2.97M | -$2.48M | -35.9% |
| Net interest income | $1.32M | -$685.00K | -$1.45M | -$1.50M | -$550.00K | — | +293.3% |
| Pre-tax income | $342.00K | -$2.31M | -$2.89M | -$4.46M | -$3.30M | — | +114.8% |
| Tax provision | $185.00K | -$47.00K | -$1.31M | -$2.05M | -$131.00K | — | +493.6% |
| Net income | -$617.00K | -$2.47M | -$1.74M | -$2.46M | -$3.32M | — | +75.0% |
| Net income to common | -$941.00K | -$2.79M | -$2.07M | -$2.78M | -$3.63M | — | +66.3% |
| Basic EPS | -0.03 | -0.10 | — | -0.10 | -0.13 | -0.13 | +70.0% |
| Diluted EPS | -0.03 | -0.10 | — | -0.10 | -0.13 | -0.13 | +70.0% |
| EBIT | $1.72M | -$904.00K | -$1.44M | -$2.96M | -$2.03M | — | +290.6% |
| EBITDA | $4.54M | $1.77M | $1.40M | -$265.00K | -$25.00K | — | +156.9% |
| Basic shares | 28.62M | 28.63M | — | 28.51M | 27.20M | 27.10M | -0.0% |
| Diluted shares | 28.62M | 28.63M | — | 28.51M | 27.20M | 27.10M | -0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $7.37M | $7.27M | $8.31M | $9.29M | $12.08M | — | +1.3% |
| Cash & short-term investments | $46.10M | — | — | — | — | $42.63M | — |
| Accounts receivable | $14.95M | $16.43M | $13.84M | $14.66M | $10.94M | — | -9.0% |
| Total current assets | $79.19M | $78.11M | — | — | — | — | +1.4% |
| Property, plant & equipment | $6.61M | $6.42M | $13.37M | $12.80M | $4.24M | — | +2.9% |
| Goodwill & intangibles | $113.86M | $120.72M | $121.39M | $124.46M | $97.68M | — | -5.7% |
| Total assets | $227.83M | $232.21M | $231.50M | $235.13M | $207.70M | — | -1.9% |
| Total current liabilities | $90.68M | $84.97M | — | — | — | — | +6.7% |
| Current debt | $22.79M | $15.85M | — | — | — | — | +43.8% |
| Long-term debt | $44.50M | $55.31M | $70.71M | $70.72M | $58.33M | — | -19.5% |
| Total debt | $68.39M | $72.24M | $78.02M | $77.91M | $61.16M | — | -5.3% |
| Total liabilities | $195.49M | $199.61M | $197.09M | $199.31M | $172.09M | — | -2.1% |
| Retained earnings | -$377.10M | -$376.16M | -$373.37M | -$371.33M | -$368.52M | — | -0.3% |
| Shareholder equity | $29.08M | $29.40M | $31.42M | $32.90M | $33.69M | — | -1.1% |
| Working capital | -$11.48M | -$6.86M | — | — | — | — | -67.5% |
| Net tangible assets | -$84.79M | -$91.32M | -$89.98M | -$91.56M | -$63.99M | — | +7.2% |
| Shares issued | 28.63M | 29.65M | 29.65M | 29.64M | 29.46M | — | -3.5% |
| Line item | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$2.27M | -$1.58M | -$2.41M | -$3.17M | -$3.09M | -43.2% |
| Depreciation & amortisation | $2.47M | $2.84M | $2.69M | $1.87M | $1.83M | -12.9% |
| Stock-based compensation | $320.00K | $330.00K | $630.00K | $340.00K | $421.00K | -3.0% |
| Change in working capital | -$382.00K | -$396.00K | $2.47M | $1.67M | -$841.00K | +3.5% |
| Operating cash flow | -$8.00K | -$10.00K | $1.47M | $337.00K | -$1.80M | +20.0% |
| Capital expenditure | -$390.00K | -$906.00K | -$470.00K | -$179.00K | -$63.00K | +57.0% |
| Investing cash flow | -$994.00K | $281.00K | -$16.22M | -$10.49M | -$3.18M | -453.7% |
| Share buybacks | $0 | $0 | $0 | $0 | -$345.00K | — |
| Dividends paid | -$328.00K | -$350.00K | -$285.00K | -$223.00K | -$166.00K | +6.3% |
| Financing cash flow | -$220.00K | -$829.00K | $12.12M | $15.65M | $5.80M | +73.5% |
| Free cash flow | -$398.00K | -$916.00K | $998.00K | $158.00K | -$1.86M | +56.6% |
| End cash position | $15.05M | $16.27M | $16.83M | $19.46M | $13.96M | -7.5% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
2.50
-76.0% from spot
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
2.50
0 contracts
Heaviest put OI
12.50
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2011 | -1.26 | -0.32 | +74.6% |
| Mar 2011 | -1.34 | -1.27 | +5.1% |
| Dec 2010 | -1.39 | -2.60 | -87.3% |
| Sep 2010 | -1.48 | -1.22 | +17.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders27.11%
Held by institutions50.81%
Institutions holding108
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
9.94
+4.84% from price
SMA 20
9.58
+8.75% from price
SMA 50
9.84
+5.91% from price
SMA 100
10.36
+0.60% from price
SMA 200
11.43
-8.83% from price
EMA 12
9.87
+5.58% from price
EMA 26
9.74
+6.94% from price
EMA 50
9.87
+5.61% from price
RSI (14)
63.6
Neutral
MACD (12,26,9)
0.13
Hist 0.10
ATR (14)
0.48
4.63% of price
Realised vol 30D
49.7%
Annualised
Bollinger upper
10.51
20, 2σ
Bollinger lower
8.66
20, 2σ
50 / 200 cross
Death
9.84 vs 11.43
Trend bias
Below 200
-8.83%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.94
Less volatile than market
Correlation to SPY
0.29
Largely independent
Realised vol 30D
49.7%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-46.6%
Peak to trough
Max drawdown 5Y
-48.0%
Peak to trough
ATR 14
0.48
4.63% of price
Beta (reported)
0.24
5Y monthly, from filing
Short interest
Shares short
1.49M
Prior 1.33M
Change vs prior
+11.4%
Shorts adding
% of float
9.30%
Normal
% of shares out
5.19%
Against total outstanding
Days to cover
22.3
Crowded exit
Float
13.95M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield2.86%
Payout ratio0.00%
Ex-dividend dateJun 11, 2009
Next pay date—
Last split1:4
Split dateJul 5, 2012
SEC filings
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-05-21
Offering Registrations
S-8 · 2026-05-20
Corporate Changes & Voting Matters
8-K · 2026-05-19
Corporate Changes & Voting Matters
8-K · 2026-05-11
Periodic Financial Reports
10-Q · 2026-05-07
Proxy Statements
DEFA14A · 2026-04-28
Annual Report to Shareholders
ARS · 2026-04-06
Headlines
Kingsway Corporation (KWY) Has Large Rerating Potential on Execution Discipline
Insider Monkey · 6d ago
Kingsway Stock Gains Post Q2 Earnings, EBITDA Hits Record High
Zacks · 10d ago
Kingsway Financial Services Q2 Earnings Call Highlights
MarketBeat · 15d ago
Kingsway: Q2 Earnings Snapshot
Associated Press · 17d ago
Kingsway Reports Strong Second Quarter 2026 Financial Results
ACCESS Newswire · 17d ago
Kingsway Announces Acquisition of Romeo Computer Company, Inc. by Image Solutions
ACCESS Newswire · 17d ago
Kingsway Search Xcelerator Announces New OIR Fletcher Vynne
ACCESS Newswire · 20d ago
Kingsway to Report Financial Results for Second Quarter 2026 on Thursday, August 6, 2026
ACCESS Newswire · 23d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.