Conifer (CNFR) Stock Forecast, Price & News

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

1 Wall Street analysts have issued 1 year price targets for Conifer's shares. Their CNFR share price forecasts range from $1.70 to $1.70. On average, they anticipate the company's share price to reach $1.70 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price.
View analysts price targets for CNFR or view top-rated stocks among Wall Street analysts.

Conifer's stock was trading at $1.57 at the beginning of the year. Since then, CNFR shares have increased by 1.9% and is now trading at $1.60.
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Conifer saw a increase in short interest in May. As of May 15th, there was short interest totaling 21,800 shares, an increase of 9.0% from the April 30th total of 20,000 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is currently 5.6 days. Currently, 0.6% of the shares of the stock are sold short.
View Conifer's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our CNFR earnings forecast.

Conifer Holdings, Inc. (NASDAQ:CNFR) released its earnings results on Wednesday, March, 8th. The insurance provider reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.08. The insurance provider had revenue of $28.50 million for the quarter, compared to analysts' expectations of $29.94 million. Conifer had a negative net margin of 6.54% and a negative trailing twelve-month return on equity of 51.61%.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Conifer investors own include Becton, Dickinson and (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).

(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.

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

Conifer's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Aegis Financial Corp (3.88%). Insiders that own company stock include Brian J Roney, Isolde O'hanlon, James G Petcoff, Jeffrey Anthony Hakala and Joseph D Sarafa.
View institutional ownership trends.

Shares of CNFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CNFR stock can currently be purchased for approximately $1.60.

Conifer (NASDAQ:CNFR) has a market capitalization of $19.55 million and generates $104.89 million in revenue each year. The insurance provider earns $-10,680,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis.

The company employs 151 workers across the globe.

Conifer's mailing address is 550 WEST MERRILL STREET, BIRMINGHAM MI, 48009. The official website for the company is www.cnfrh.com. The insurance provider can be reached via phone at (248) 559-0840, via email at ir@cnfrh.com, or via fax at 248-559-0870.