NASDAQ:CNFR - Conifer Stock Price, Price Target & More

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$6.50 0.00 (0.00 %)
(As of 07/18/2018 06:00 AM ET)
Previous Close$6.50
Today's Range$6.50 - $6.90
52-Week Range$5.00 - $7.20
Volume77 shs
Average Volume2,906 shs
Market Capitalization$55.38 million
P/E Ratio-2.24
Dividend YieldN/A
Beta1.1
Conifer logoConifer Holdings, Inc., an insurance holding company, offers insurance coverage in specialty commercial and personal product lines. The company underwrites various specialty insurance products, including property, general liability, commercial multi-peril, liquor liability, and automobile 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, such as 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 dwelling insurance tailored for owners of lower valued homes in Illinois, Indiana, Louisiana, and Texas; and wind-exposed catastrophe coverage comprising hurricane and wind coverage to under-served homeowners in Hawaii, Texas, and Florida. It markets and sells its insurance products through a network of approximately 6,700 independent agents in 50 states in the United States. Conifer Holdings, Inc. was founded in 2009 and is headquartered in Birmingham, Michigan.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:CNFR
CUSIPN/A
Phone248-559-0840

Debt

Debt-to-Equity Ratio0.56
Current Ratio0.42
Quick Ratio0.42

Price-To-Earnings

Trailing P/E Ratio-2.24
Forward P/E Ratio13.83
P/E GrowthN/A

Sales & Book Value

Annual Sales$96.84 million
Price / Sales0.57
Cash FlowN/A
Price / CashN/A
Book Value$6.20 per share
Price / Book1.05

Profitability

EPS (Most Recent Fiscal Year)($2.90)
Net Income$-21,540,000.00
Net Margins-20.22%
Return on Equity-34.51%
Return on Assets-8.39%

Miscellaneous

Employees143
Outstanding Shares8,520,000
Market Cap$55.38

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Conifer (NASDAQ:CNFR) Frequently Asked Questions

What is Conifer's stock symbol?

Conifer trades on the NASDAQ under the ticker symbol "CNFR."

How were Conifer's earnings last quarter?

Conifer Holdings Inc (NASDAQ:CNFR) issued its earnings results on Thursday, May, 10th. The insurance provider reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.19. The insurance provider earned $24.82 million during the quarter, compared to analysts' expectations of $24.91 million. Conifer had a negative net margin of 20.22% and a negative return on equity of 34.51%. View Conifer's Earnings History.

What price target have analysts set for CNFR?

3 brokers have issued twelve-month price objectives for Conifer's stock. Their predictions range from $5.50 to $7.00. On average, they expect Conifer's share price to reach $6.25 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View Analyst Ratings for Conifer.

What is the consensus analysts' recommendation for Conifer?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conifer in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Conifer stock?

Here are some recent quotes from research analysts about Conifer stock:
  • 1. According to Zacks Investment Research, "Conifer Holdings, Inc. is an insurance holding company. It offers insurance coverage in specialty commercial and specialty personal product lines. Specialty personal product lines offers non-standard homeowners insurance and dwelling fire insurance products to individuals. Specialty commercial lines offer coverage for both commercial property and commercial liability. The company serves restaurants, bars, taverns, bowling centers as well as small grocery and convenience stores; artisan contractors comprising plumbers, painters, carpenters, electricians and other independent contractors, security service providers. Conifer Holdings, Inc. is headquartered in Birmingham, Michigan. " (7/17/2018)
  • 2. Boenning Scattergood analysts commented, "We do not expect much multiple expansion in the near-term and maintain our Neutral rating." (11/9/2017)

Who are some of Conifer's key competitors?

Who are Conifer's key executives?

Conifer's management team includes the folowing people:
  • Mr. James George Petcoff, Chairman & CEO (Age 62)
  • Mr. Brian Joseph Roney, Pres (Age 53)
  • Mr. Nicholas James Petcoff, Exec. VP, Sec. & Director (Age 37)
  • Mr. Harold James MeLoche, Chief Financial Officer and Treasurer (Age 56)
  • Ms. Jessica Gulis, Investor Relations Contact

When did Conifer IPO?

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

Has Conifer been receiving favorable news coverage?

Media headlines about CNFR stock have trended somewhat negative recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Conifer earned a news impact score of -0.02 on Accern's scale. They also gave news coverage about the insurance provider an impact score of 45.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

How do I buy shares of Conifer?

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

What is Conifer's stock price today?

One share of CNFR stock can currently be purchased for approximately $6.50.

How big of a company is Conifer?

Conifer has a market capitalization of $55.38 million and generates $96.84 million in revenue each year. The insurance provider earns $-21,540,000.00 in net income (profit) each year or ($2.90) on an earnings per share basis. Conifer employs 143 workers across the globe.

How can I contact Conifer?

Conifer's mailing address is 550 WEST MERRILL STREET, BIRMINGHAM MI, 48009. The insurance provider can be reached via phone at 248-559-0840 or via email at [email protected]


MarketBeat Community Rating for Conifer (NASDAQ CNFR)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  268
MarketBeat's community ratings are surveys of what our community members think about Conifer and other stocks. Vote "Outperform" if you believe CNFR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNFR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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