Should I buy or sell Conifer stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conifer in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" CNFR shares. View CNFR analyst ratings or view top-rated stocks .

What is Conifer's stock price target for 2024?

1 brokerages have issued 12 month price objectives for Conifer's shares. Their CNFR share price targets range from $0.61 to $0.61. On average, they anticipate the company's share price to reach $0.61 in the next twelve months. This suggests that the stock has a possible downside of 41.9%. View analysts price targets for CNFR or view top-rated stocks among Wall Street analysts .

How have CNFR shares performed in 2024?

Conifer's stock was trading at $1.0999 at the beginning of 2024. Since then, CNFR shares have decreased by 4.5% and is now trading at $1.05. View the best growth stocks for 2024 here .

When is Conifer's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CNFR earnings forecast .

How were Conifer's earnings last quarter?

Conifer Holdings, Inc. (NASDAQ:CNFR) issued its quarterly earnings results on Wednesday, November, 10th. The insurance provider reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.06. The insurance provider had revenue of $26.72 million for the quarter, compared to the consensus estimate of $27.96 million. Conifer had a negative net margin of 26.23% and a negative trailing twelve-month return on equity of 241.08%. During the same quarter in the previous year, the firm posted ($0.24) earnings per share.

What is Brian Roney's approval rating as Conifer's CEO?

3 employees have rated Conifer Chief Executive Officer Brian Roney on Glassdoor.com . Brian Roney has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Conifer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conifer investors own include Becton, Dickinson and Company (BDX) , Cisco Systems (CSCO) , Walt Disney (DIS) , Oracle (ORCL) , Verizon Communications (VZ) , AbbVie (ABBV) , Alibaba Group (BABA) , Clorox (CLX) , General Electric (GE) and General Mills (GIS) .

When did Conifer IPO?

Conifer (CNFR) raised $37 million in an initial public offering (IPO) on Thursday, August 13th 2015. The company issued 3,100,000 shares at a price of $11.00-$13.00 per share. BMO Capital Markets and Raymond James served as the underwriters for the IPO and Sandler O'Neill+Partners and William Blair were co-managers.

How do I buy shares of Conifer?

Shares of CNFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CNFR

Conifer (CNFR) Stock Price, News & Analysis

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Free CNFR Stock Alerts

$1.05

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.05
▼
$1.05
50-Day Range: $0.90
▼
$1.37
52-Week Range: $0.65
▼
$1.80

Volume: 139 shs
Average Volume: 4,287 shs
Market Capitalization: $12.83 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $0.61

Get Conifer alerts:

Conifer MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 41.9% Downside
$0.61 Price Target
Short Interest: Healthy
0.30% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.07 out of 5 stars

Finance Sector

821st out of 822 stocks

Fire, Marine, & Casualty Insurance Industry

49th out of 50 stocks

0.5

Analyst's Opinion

Consensus Rating
Conifer has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Conifer has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.30% of the float of Conifer has been sold short.
Short Interest Ratio / Days to Cover
Conifer has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Conifer has recently decreased by 3.77%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Conifer does not currently pay a dividend.
Dividend Growth
Conifer does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CNFR.

0.6

News and Social Media Coverage

Search Interest
1 people have searched for CNFR on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Conifer insiders have not sold or bought any company stock.
Percentage Held by Insiders
70.70% of the stock of Conifer is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 34.88% of the stock of Conifer is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Conifer is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Conifer is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Conifer Stock (NASDAQ:CNFR)

Conifer Holdings, Inc., an insurance holding company, engages in the sale of property and casualty insurance products. It offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies. It serves the commercial insurance needs of owner-operated businesses in the markets, such as hospitality, which includes restaurants, bars, taverns, and bowling centers, as well as small grocery and convenience stores; artisan contractors comprising plumbers, painters, carpenters, electricians, and other independent contractors; and security service providers, including companies that provide security guard services, security alarm products and services, and private investigative services. The company also offers specialty homeowners insurance products, such as low- value dwelling insurance tailored for owners of lower valued homes in Illinois, Indiana, Louisiana, and Texas; and wholesale agency services comprising commercial and personal lines insurance products for its insurance company subsidiaries, as well as third party insurers. Conifer Holdings, Inc. markets and sells its insurance products through a network of approximately 4,900 independent agents in 50 states in the United States. The company was incorporated in 2009 and is headquartered in Troy, Michigan.

CNFR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CNFR Stock News Headlines

April 10, 2024 | americanbankingnews.com

Conifer (NASDAQ:CNFR) Stock Price Crosses Below Fifty Day Moving Average of $1.17

April 6, 2024 | finance.yahoo.com

Conifer Holdings Inc (CNFR) Q4 2023 Earnings Call Transcript Highlights: Navigating Challenges ...

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April 4, 2024 | investorplace.com

CNFR Stock Earnings: Conifer Holdings Misses EPS, Misses Revenue for Q4 2023

April 4, 2024 | globenewswire.com

Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue

April 4, 2024 | markets.businessinsider.com

Conifer Announces Commercial Lines Capacity Partnership with Accelerant

April 4, 2024 | globenewswire.com

Conifer Announces Commercial Lines Capacity Partnership with Accelerant

April 3, 2024 | globenewswire.com

Conifer Holdings Schedules Fourth Quarter 2023 Earnings Conference Call/Webcast for April 5, 2024

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April 1, 2024 | globenewswire.com

Conifer Announces Strategic Partnership with Palomar Serving the Cannabis Industry

March 20, 2024 | finance.yahoo.com

Conifer Holdings Insider Ups Holding During Year

March 14, 2024 | businesswire.com

AM Best Downgrades and Withdraws Credit Ratings of Conifer Holdings, Inc. and Subsidiaries

January 18, 2024 | finanznachrichten.de

Conifer Holdings, Inc.: Conifer Holdings Names New Board Chair; Appoints New Director

January 17, 2024 | finance.yahoo.com

Conifer Holdings Names New Board Chair; Appoints New Director

December 16, 2023 | health.usnews.com

Angela R. Hoeft

November 11, 2023 | finance.yahoo.com

Conifer Holdings, Inc. (NASDAQ:CNFR) Q3 2023 Earnings Call Transcript

November 10, 2023 | finanznachrichten.de

Conifer Holdings, Inc.: Conifer Holdings Reports 2023 Third Quarter Financial Results

November 9, 2023 | msn.com

Conifer Holdings GAAP EPS of -$0.22 misses by $0.24, revenue of $28.12M beats by $2.85M

November 9, 2023 | finance.yahoo.com

Conifer Holdings Reports 2023 Third Quarter Financial Results

October 27, 2023 | finance.yahoo.com

Conifer Holdings Schedules Third Quarter 2023 Earnings Conference Call/Webcast for November 10, 2023

October 6, 2023 | markets.businessinsider.com

Conifer Holdings Names Nicholas Petcoff As Sole CEO

October 6, 2023 | finance.yahoo.com

Nick Petcoff to Become Chief Executive Officer of Conifer Holdings, Inc.

August 14, 2023 | finanznachrichten.de

Conifer Holdings, Inc.: Conifer Holdings Reports 2023 Second Quarter Financial Results

August 8, 2023 | benzinga.com

A Preview Of Conifer Holdings's Earnings

July 29, 2023 | finanznachrichten.de

Conifer Holdings, Inc.: Conifer Holdings Announces Estimated Storm Losses for Second Quarter 2023

July 28, 2023 | markets.businessinsider.com

Conifer Holdings Expects To Post Loss In Q2

July 28, 2023 | finance.yahoo.com

Conifer Holdings Announces Estimated Storm Losses for Second Quarter 2023

See More Headlines

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Company Calendar

Last Earnings: 11/10/2021
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Fire, marine, & casualty insurance
Sub-Industry: N/A
Current Symbol: NASDAQ:CNFR
CUSIP: N/A
CIK: 1502292
Web: www.cnfrh.com
Phone: (248) 559-0840
Fax: 248-559-0870
Employees: 109
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $0.61
High Stock Price Target: $0.61
Low Stock Price Target: $0.61
Potential Upside/Downside: -41.9%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-25,900,000.00
Net Margins: -26.23%
Pretax Margin: -25.97%
Return on Equity: -241.08%
Return on Assets: -9.65%

Debt

Debt-to-Equity Ratio: 2.14
Current Ratio: 0.65
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $98.76 million
Price / Sales: 0.13
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.25) per share
Price / Book: -4.20

Miscellaneous

Outstanding Shares: 12,220,000
Free Float: 3,581,000
Market Cap: $12.83 million
Optionable: Not Optionable
Beta: 0.62

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Key Executives

Mr. Nicholas James Petcoff (Age 43)
Executive VP, CEO, Secretary & Director
Comp: $437.2k
Mr. Brian Joseph Roney B.A. (Age 59)
B.S., M.B.A., President
Comp: $437.2k
Mr. James George Petcoff (Age 68)
Executive Director
Comp: $612.2k
Mr. Harold James Meloche (Age 62)
Treasurer & CFO
Ms. Jessica Gulis
Head of Investor Relations
Mr. Richard Joseph Fiato
Corporate Counsel

Key Competitors

View All Competitors

Insiders

Jeffrey Anthony Hakala
Bought 1,000 shares on 12/20/2023
Total: $6,000.00 ($6.00/share)

View All Insider Transactions

CNFR Stock Analysis - Frequently Asked Questions

Should I buy or sell Conifer stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conifer in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" CNFR shares.
View CNFR analyst ratings or view top-rated stocks.
What is Conifer's stock price target for 2024?: 1 brokerages have issued 12 month price objectives for Conifer's shares. Their CNFR share price targets range from $0.61 to $0.61. On average, they anticipate the company's share price to reach $0.61 in the next twelve months. This suggests that the stock has a possible downside of 41.9%.
View analysts price targets for CNFR or view top-rated stocks among Wall Street analysts.
How have CNFR shares performed in 2024?: Conifer's stock was trading at $1.0999 at the beginning of 2024. Since then, CNFR shares have decreased by 4.5% and is now trading at $1.05.
View the best growth stocks for 2024 here.
When is Conifer's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CNFR earnings forecast.
How were Conifer's earnings last quarter?: Conifer Holdings, Inc. (NASDAQ:CNFR) issued its quarterly earnings results on Wednesday, November, 10th. The insurance provider reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.06. The insurance provider had revenue of $26.72 million for the quarter, compared to the consensus estimate of $27.96 million. Conifer had a negative net margin of 26.23% and a negative trailing twelve-month return on equity of 241.08%. During the same quarter in the previous year, the firm posted ($0.24) earnings per share.

What is Brian Roney's approval rating as Conifer's CEO?: 3 employees have rated Conifer Chief Executive Officer Brian Roney on Glassdoor.com. Brian Roney has an approval rating of 65% among the company's employees.
What other stocks do shareholders of Conifer own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Conifer investors own include Becton, Dickinson and Company (BDX), Cisco Systems (CSCO), Walt Disney (DIS), Oracle (ORCL), Verizon Communications (VZ), AbbVie (ABBV), Alibaba Group (BABA), Clorox (CLX), General Electric (GE) and General Mills (GIS).
When did Conifer IPO?: Conifer (CNFR) raised $37 million in an initial public offering (IPO) on Thursday, August 13th 2015. The company issued 3,100,000 shares at a price of $11.00-$13.00 per share. BMO Capital Markets and Raymond James served as the underwriters for the IPO and Sandler O'Neill+Partners and William Blair were co-managers.
How do I buy shares of Conifer?: Shares of CNFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CNFR) was last updated on 4/19/2024 by MarketBeat.com Staff

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