Conifer (CNFR) Stock Forecast, Price & News

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.
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1 brokerages have issued twelve-month price objectives for Conifer's stock. Their CNFR share price forecasts range from $1.65 to $1.65. On average, they anticipate the company's stock price to reach $1.65 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price.
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Conifer's stock was trading at $1.57 at the start of the year. Since then, CNFR shares have decreased by 26.7% and is now trading at $1.1503.
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Conifer saw a increase in short interest in September. As of September 15th, there was short interest totaling 21,800 shares, an increase of 44.4% from the August 31st total of 15,100 shares. Based on an average daily volume of 3,500 shares, the days-to-cover ratio is presently 6.2 days. Approximately 0.6% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our CNFR earnings forecast.

Conifer Holdings, Inc. (NASDAQ:CNFR) released its earnings results on Wednesday, August, 9th. The insurance provider reported ($0.39) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.39). The insurance provider had revenue of $24.92 million for the quarter, compared to analyst estimates of $24.53 million. Conifer had a negative net margin of 3.02% and a negative trailing twelve-month return on equity of 37.95%.

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 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).

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

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

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 $1.15.

Conifer (NASDAQ:CNFR) has a market capitalization of $14.06 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 ($0.28) on an earnings per share basis.

The company employs 109 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.