NASDAQ:CNFR - Conifer Stock Price, News, & Analysis

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$4.20 +0.01 (+0.24 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$4.2009
Today's Range$4.2009 - $4.6678
52-Week Range$3.06 - $7.20
Volume5,013 shs
Average Volume15,361 shs
Market Capitalization$35.62 million
P/E Ratio-9.55
Dividend YieldN/A
Beta1.49
Conifer 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$98.91 million
Book Value$4.90 per share

Profitability

Net Income$-9,230,000.00

Miscellaneous

EmployeesN/A
Market Cap$35.62 million
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable

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) released its quarterly earnings data on Wednesday, February, 27th. The insurance provider reported ($0.49) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.36. The insurance provider had revenue of $24.05 million for the quarter, compared to the consensus estimate of $23.02 million. Conifer had a negative return on equity of 7.84% and a negative net margin of 9.33%. View Conifer's Earnings History.

When is Conifer's next earnings date?

Conifer is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Conifer.

What price target have analysts set for CNFR?

2 brokerages have issued 12-month price targets for Conifer's shares. Their forecasts range from $6.50 to $6.50. On average, they expect Conifer's share price to reach $6.50 in the next twelve months. This suggests a possible upside of 54.7% from the stock's current price. View Analyst Price Targets for Conifer.

What is the consensus analysts' recommendation for Conifer?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Conifer in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Conifer.

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. " (3/5/2019)
  • 2. Boenning Scattergood analysts commented, "We believe management is doing the right things – it’s just taking longer than we anticipated to right the ship. We modestly lowered our target price, but we believe there’s enough upside to maintain our Outperform rating." (11/8/2018)

Has Conifer been receiving favorable news coverage?

Media headlines about CNFR stock have been trending neutral this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Conifer earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the immediate future.

Who are some of Conifer's key competitors?

What other stocks do shareholders of Conifer own?

Who are Conifer's key executives?

Conifer's management team includes the folowing people:
  • Mr. James George Petcoff, Chairman & CEO (Age 63)
  • Mr. Brian Joseph Roney, Pres (Age 54)
  • Mr. Nicholas James Petcoff, Exec. VP, Sec. & Director (Age 38)
  • Mr. Harold James Meloche, Treasurer & CFO (Age 57)
  • Ms. Jessica Gulis, Investor Relations Contact

When did Conifer IPO?

(CNFR) raised $37 million in an initial public offering (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.

Who are Conifer's major shareholders?

Conifer's stock is owned by a number of of retail and institutional investors. Top institutional investors include Northpointe Capital LLC (2.79%), BKS Advisors LLC (0.34%) and Quantum Capital Management (0.22%). Company insiders that own Conifer stock include Brian J Roney, Harold J Meloche, James G Petcoff, Joseph D Sarafa, Mark Mccammon, Nicholas J Petcoff and R Jamison Williams Jr. View Institutional Ownership Trends for Conifer.

Which institutional investors are selling Conifer stock?

CNFR stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC and BKS Advisors LLC. View Insider Buying and Selling for Conifer.

Which institutional investors are buying Conifer stock?

CNFR stock was bought by a variety of institutional investors in the last quarter, including Quantum Capital Management. Company insiders that have bought Conifer stock in the last two years include Brian J Roney, Harold J Meloche, James G Petcoff, Joseph D Sarafa, Nicholas J Petcoff and R Jamison Williams Jr. View Insider Buying and Selling for Conifer.

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 $4.2009.

How big of a company is Conifer?

Conifer has a market capitalization of $35.62 million and generates $98.91 million in revenue each year. The insurance provider earns $-9,230,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis.

What is Conifer's official website?

The official website for Conifer is http://www.cnfrh.com.

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:  2.1 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  336
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 3/24/2019 by MarketBeat.com Staff

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