About Conifer (NASDAQ:CNFR)
Conifer Holdings, Inc. is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. It operates through two segments: commercial lines and personal lines. It is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies. The Company offers coverage for property, liability, automobile, and other miscellaneous coverage primarily to owner-operated small and mid-sized businesses, professional organizations and hospitality businesses, such as restaurants, bars and taverns. The Company offers coverage for low-value dwelling, wind-exposed homeowners and automobile. Its personal lines products include Catastrophe coverage, including hurricane and wind coverage, to underserved homeowners in Florida, Hawaii and Texas, and Dwelling insurance.
Industry, Sector and Symbol
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$96.84 million
Price / Sales0.56
Price / CashN/A
Book Value$6.20 per share
Price / Book1.03
Return on Equity-38.31%
Return on Assets-10.19%
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 (NASDAQ:CNFR) posted its quarterly earnings results on Wednesday, February, 28th. The insurance provider reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.05. The insurance provider earned $26.55 million during the quarter, compared to analysts' expectations of $24.81 million. Conifer had a negative return on equity of 38.31% and a negative net margin of 22.25%. View Conifer's Earnings History.
Where is Conifer's stock going? Where will Conifer's stock price be in 2018?
2 Wall Street analysts have issued 12 month price targets for Conifer's stock. Their predictions range from $5.50 to $5.50. On average, they expect Conifer's stock price to reach $5.50 in the next year. 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. " (3/21/2018)
- 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?
Some companies that are related to Conifer include Guaranty Federal Bancshares (GFED), HopFed Bancorp (HFBC), Great Elm Capital (GECC), Commercewest Bank (CWBK), Compass EMP Funds Trust (CSF), American River Bankshares (AMRB), Security National Financial (SNFCA), Sotherly Hotels (SOHO), Alcentra Capital (ABDC), Consumer Portfolio Services (CPSS), Porter Bancorp (PBIB), Patriot National Bancorp (PNBK), Five Oaks Investment (OAKS), Harvest Capital Credit (HCAP), Atlantic American (AAME), Desarrolladora Homex SAB de CV (DHOXY), SouthCrest Financial Group (SCSG) and Fifth Street Asset Management (FSAM).
Who are Conifer's key executives?
Conifer's management team includes the folowing people:
- James G Petcoff, Chairman of the Board, Chief Executive Officer (Age 54)
- Brian J. Roney, President (Age 50)
- Harold J. Meloche, Chief Financial Officer, Treasurer (Age 51)
- Nicholas J. Petcoff, Executive Vice President, Secretary, Director (Age 34)
- Andrew D. Petcoff, Senior Vice President - Marketing (Age 31)
- Mark R. McCammon, Director (Age 42)
- Jorge J. Morales, Director (Age 60)
- Joseph D. Sarafa, Director (Age 60)
- R. Jamison Williams Jr., Director (Age 73)
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 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.
Has Conifer been receiving favorable news coverage?
News articles about CNFR stock have been trending somewhat negative recently, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Conifer earned a coverage optimism score of -0.11 on Accern's scale. They also assigned news articles about the insurance provider an impact score of 44.99 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Conifer's major shareholders?
Conifer's stock is owned by a number of of institutional and retail investors. Top institutional investors include Northpointe Capital LLC (6.28%). Company insiders that own Conifer stock include Andrew Petcoff, 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 buying Conifer stock?
CNFR stock was purchased by a variety of institutional investors in the last quarter, including Northpointe Capital LLC. Company insiders that have bought Conifer stock in the last two years include Andrew Petcoff, Brian J Roney, Harold J Meloche, James G Petcoff, Joseph D Sarafa, Mark Mccammon, 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 $6.39.
How big of a company is Conifer?
Conifer has a market capitalization of $50.70 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 ($2.81) on an earnings per share basis. Conifer employs 146 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 (CNFR)MarketBeat's community ratings are surveys of what our community members think about Conifer and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Conifer (NASDAQ:CNFR) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.00||2.00||2.00||2.00|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$5.50||N/A||N/A||N/A|
|Price Target Upside: ||13.93% downside||N/A||N/A||N/A|
Conifer (NASDAQ:CNFR) Consensus Price Target History
Conifer (NASDAQ:CNFR) Analyst Ratings History
(Data available from 3/22/2016 forward)
Conifer (NASDAQ:CNFR) Earnings History and Estimates Chart
Conifer (NASDAQ CNFR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/28/2018||Q4 2017||($0.02)||$0.02||$24.81 million||$26.55 million||View||Listen|
|11/8/2017||Q3 2017||($2.40)||($2.48)||$20.76 million||$18.94 million||View||N/A|
|8/9/2017||Q2 2017||$0.03||($0.28)||$24.98 million||$26.28 million||View||Listen|
|5/10/2017||Q1 2017||($0.02)||($0.24)||$25.42 million||$25.06 million||View||N/A|
|3/1/2017||Q416||($0.07)||($0.56)||$25.71 million||$25.66 million||View||Listen|
|11/9/2016||Q316||($0.11)||($0.20)||$24.75 million||$24.31 million||View||Listen|
|8/11/2016||Q216||($0.08)||($0.14)||$24.20 million||$23.03 million||View||N/A|
|5/12/2016||Q1||($0.18)||($0.27)||$21.91 million||$20.88 million||View||N/A|
|2/22/2016||Q4||($0.05)||($0.31)||$21.08 million||$19.94 million||View||Listen|
|11/10/2015||Q315||$0.19||$0.19||$18.23 million||$19.02 million||View||Listen|
|9/14/2015||Q215||$0.15||$0.07||$16.15 million||$16.15 million||View||Listen|
Conifer (NASDAQ:CNFR) Earnings Estimates
2018 EPS Consensus Estimate: $0.29
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Conifer (NASDAQ:CNFR)
No dividend announcements for this company have been tracked by MarketBeat.com
Conifer (NASDAQ CNFR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 45.50%
Institutional Ownership Percentage: 27.30%
Conifer (NASDAQ CNFR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/15/2018||Brian J Roney||President||Buy||10,000||$6.00||$60,000.00||311,920|| |
|12/20/2017||Mark Mccammon||Director||Sell||97,319||$5.78||$562,503.82||9,000|| |
|12/8/2017||Mark Mccammon||Director||Sell||1,982||$6.00||$11,892.00||9,000|| |
|12/6/2017||Mark Mccammon||Director||Sell||53,699||$6.07||$325,952.93||9,000|| |
|10/10/2017||Nicholas J Petcoff||EVP||Buy||16,000||$6.25||$100,000.00||114,759|| |
|9/29/2017||Harold J Meloche||CFO||Buy||4,000||$6.25||$25,000.00||45,448|| |
|9/29/2017||James G Petcoff||Chairman||Buy||216,000||$6.25||$1,350,000.00||258,057|| |
|9/29/2017||Joseph D Sarafa||Director||Buy||24,000||$6.25||$150,000.00||49,000|| |
|9/28/2017||Brian J Roney||President||Buy||16,000||$6.25||$100,000.00||301,920|| |
|9/13/2017||Mark Mccammon||Director||Sell||3,020||$7.00||$21,140.00||9,000|| |
|9/11/2017||Mark Mccammon||Director||Sell||193||$7.00||$1,351.00||9,000|| |
|6/7/2017||Joseph D Sarafa||Director||Buy||52||$7.00||$364.00||25,000|| |
|6/5/2017||Joseph D Sarafa||Director||Buy||801||$6.99||$5,598.99||24,447|| |
|3/14/2017||Brian J Roney||President||Buy||3,000||$6.91||$20,730.00||283,020|| |
|3/10/2017||Andrew Petcoff||SVP||Buy||3,131||$7.20||$22,543.20||98,920|| |
|3/10/2017||Mark Mccammon||Director||Buy||779||$7.00||$5,453.00||9,000|| |
|3/8/2017||Andrew Petcoff||SVP||Buy||1,729||$6.73||$11,636.17||98,259|| |
|12/2/2016||R Jamison Williams Jr||Director||Buy||10,500||$7.15||$75,075.00||173,605|| |
|11/23/2016||James G Petcoff||Chairman||Buy||35,000||$7.20||$252,000.00||42,057|| |
|11/21/2016||Brian J Roney||President||Buy||2,000||$7.34||$14,680.00||251,012|| |
|6/7/2016||Andrew Petcoff||SVP||Buy||1,000||$6.30||$6,300.00||84,390|| |
|5/27/2016||Brian J Roney||President||Buy||2,000||$6.40||$12,800.00||238,771|| |
|3/7/2016||Andrew Petcoff||SVP||Buy||6,425||$6.75||$43,368.75||83,390|| |
|3/2/2016||Andrew Petcoff||SVP||Buy||400||$6.75||$2,700.00||76,965|| |
|2/29/2016||James G Petcoff||CEO||Buy||7,057||$6.20||$43,753.40||7,057|| |
|2/24/2016||Harold J Meloche||CFO||Buy||4,034||$5.77||$23,276.18||39,000|| |
|2/22/2016||R Jamison Williams Jr||Director||Buy||7,600||$6.36||$48,336.00|| |
|2/18/2016||Harold J Meloche||CFO||Buy||2,000||$6.45||$12,900.00||34,966|| |
|2/18/2016||Nicholas J Petcoff||EVP||Buy||3,200||$6.40||$20,480.00||86,519|| |
|2/17/2016||Andrew Petcoff||SVP||Buy||4,130||$6.28||$25,936.40||76,565|| |
|2/17/2016||James G Petcoff||CEO||Buy||9,210||$6.35||$58,483.50|| |
|2/16/2016||Brian J Roney||President||Buy||10,000||$6.70||$67,000.00||236,771|| |
|2/16/2016||Harold J Meloche||CFO||Buy||7,000||$6.71||$46,970.00||32,966|| |
|2/16/2016||Joseph D Sarafa||Director||Buy||3,200||$6.95||$22,240.00||11,054|| |
|8/18/2015||Brian J Roney||President||Buy||29,908||$10.50||$314,034.00||226,771|| |
Conifer (NASDAQ CNFR) News Headlines
|Zacks Investment Research Lowers Conifer (CNFR) to Hold|
www.americanbankingnews.com - March 21 at 8:22 PM
|Conifer (CNFR) Rating Increased to Buy at Zacks Investment Research|
www.americanbankingnews.com - March 20 at 8:16 PM
|Conifer Holdings Appoints Investment Strategy Leader Jeffrey Hakala as New Board Member|
finance.yahoo.com - March 19 at 4:18 PM
|Brian J. Roney Purchases 10,000 Shares of Conifer Holdings (CNFR) Stock|
www.americanbankingnews.com - March 19 at 4:14 PM
|Endurance Specialty (ENH) vs. Conifer (CNFR) Head-To-Head Review|
www.americanbankingnews.com - March 10 at 3:06 PM
|Conifer Holdings to Present at Annual Association of Insurance and Financial Analysts (AIFA) Conference in Naples, Florida|
finance.yahoo.com - March 10 at 9:42 AM
|Conifer Holdings Inc (CNFR) Expected to Announce Quarterly Sales of $24.91 Million|
www.americanbankingnews.com - March 8 at 2:16 AM
|Meadowbrook Insurance Group (MIG) and Conifer (CNFR) Financial Contrast|
www.americanbankingnews.com - March 7 at 5:19 AM
| Conifer Holdings Inc (CNFR) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - March 7 at 3:10 AM
|Zacks: Brokerages Expect Conifer Holdings Inc (CNFR) Will Announce Earnings of $0.03 Per Share|
www.americanbankingnews.com - March 6 at 7:17 PM
|Conifer (CNFR) Given Hold Rating at Sandler O'Neill|
www.americanbankingnews.com - March 3 at 7:48 PM
|Conifer (CNFR) Issues Quarterly Earnings Results|
www.americanbankingnews.com - March 2 at 11:39 AM
|Conifer (CNFR) Given "Hold" Rating at Boenning Scattergood|
www.americanbankingnews.com - March 1 at 7:15 PM
|Conifer Holdings Reports 2017 Fourth Quarter Financial Results Highlighted by Significantly Improved Combined Ratio|
finance.yahoo.com - March 1 at 4:46 PM
|Conifer Holdings Schedules Fourth Quarter and Full Year 2017 Financial Results Conference Call/Webcast for Thursday, March 1, 2018|
finance.yahoo.com - February 15 at 4:32 PM
|Zacks: Analysts Anticipate Conifer Holdings Inc (CNFR) Will Post Quarterly Sales of $24.81 Million|
www.americanbankingnews.com - February 3 at 9:12 AM
|Conifer (CNFR) and National Interstate (NATL) Head-To-Head Contrast|
www.americanbankingnews.com - February 1 at 9:12 PM
|FY2017 EPS Estimates for Conifer Holdings Inc Lifted by Boenning Scattergood (CNFR)|
www.americanbankingnews.com - January 31 at 8:02 AM
|Analysts Expect Conifer Holdings Inc (CNFR) to Post ($0.01) Earnings Per Share|
www.americanbankingnews.com - January 27 at 9:18 AM
|Conifer (CNFR) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - January 23 at 9:32 PM
|Analyzing Conifer (CNFR) and National Interstate (NATL)|
www.americanbankingnews.com - January 19 at 9:30 PM
|$24.81 Million in Sales Expected for Conifer Holdings Inc (CNFR) This Quarter|
www.americanbankingnews.com - January 17 at 4:46 PM
|Zacks: Conifer Holdings Inc (CNFR) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - January 12 at 5:34 PM
|Conifer Expands and Extends Endorsement from the Associated Food & Petroleum Dealers (AFPD)|
finance.yahoo.com - January 12 at 4:43 PM
|Insider Buying: Conifer Holdings Inc (CNFR) EVP Acquires 16,000 Shares of Stock|
www.americanbankingnews.com - January 11 at 6:58 PM
|Zacks Investment Research Downgrades Conifer (CNFR) to Sell|
www.americanbankingnews.com - January 9 at 7:12 PM
|Conifer (CNFR) vs. ProAssurance (PRA) Financial Review|
www.americanbankingnews.com - January 8 at 1:40 PM
|Conifer (CNFR) Upgraded to "Hold" by Zacks Investment Research|
www.americanbankingnews.com - January 3 at 12:06 AM
|Conifer Holdings Inc (CNFR) Expected to Announce Quarterly Sales of $24.81 Million|
www.americanbankingnews.com - December 31 at 8:28 AM
|Zacks: Brokerages Expect Conifer Holdings Inc (CNFR) to Announce -$0.01 EPS|
www.americanbankingnews.com - December 29 at 9:30 AM
| Conifer Holdings Inc (CNFR) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - December 25 at 9:44 AM
|Mark Mccammon Sells 97,319 Shares of Conifer Holdings Inc (CNFR) Stock|
www.americanbankingnews.com - December 20 at 5:38 PM
|A.M. Best Removes From Under Review with Negative Implications and Affirms Credit Ratings of Conifer Holdings, Inc. and Its Subsidiaries|
finance.yahoo.com - December 19 at 4:51 PM
|Conifer Holdings Inc (CNFR) Expected to Post Quarterly Sales of $24.81 Million|
www.americanbankingnews.com - December 14 at 3:22 PM
|Comparing Hallmark Financial Services (HALL) & Conifer (CNFR)|
www.americanbankingnews.com - December 13 at 9:26 AM
|Conifer Holdings Inc (CNFR) Director Sells $11,892.00 in Stock|
www.americanbankingnews.com - December 12 at 6:32 PM
| Brokerages Set $8.00 Target Price for Conifer Holdings Inc (CNFR)|
www.americanbankingnews.com - December 10 at 9:37 PM
|Mark Mccammon Sells 3,020 Shares of Conifer Holdings, Inc. (CNFR) Stock|
www.americanbankingnews.com - December 8 at 6:46 PM
|Conifer Holdings, Inc. (CNFR) Director Mark Mccammon Sells 53,699 Shares|
www.americanbankingnews.com - December 8 at 5:50 PM
| Analysts Expect Conifer Holdings, Inc. (CNFR) Will Post Quarterly Sales of $24.81 Million|
www.americanbankingnews.com - November 26 at 10:28 AM
|Brokerages Anticipate Conifer Holdings, Inc. (CNFR) to Announce ($0.01) EPS|
www.americanbankingnews.com - November 21 at 7:56 PM
| Analysts Set $8.00 Price Target for Conifer Holdings, Inc. (CNFR)|
www.americanbankingnews.com - November 16 at 9:31 PM
|FY2017 Earnings Forecast for Conifer Holdings, Inc. (CNFR) Issued By Boenning Scattergood|
www.americanbankingnews.com - November 13 at 3:56 AM
|Q2 2018 EPS Estimates for Conifer Holdings, Inc. Boosted by Boenning Scattergood (CNFR)|
www.americanbankingnews.com - November 10 at 11:54 AM
|Edited Transcript of CNFR earnings conference call or presentation 9-Nov-17 1:30pm GMT|
finance.yahoo.com - November 10 at 9:40 AM
|Conifer Holdings Inc to Host Earnings Call|
finance.yahoo.com - November 9 at 8:22 PM
|Conifer Holdings, Inc. (CNFR) Stock Rating Reaffirmed by Boenning Scattergood|
www.americanbankingnews.com - November 9 at 7:58 AM
|Conifer Holdings Reports 2017 Third Quarter Financial Results|
finance.yahoo.com - November 8 at 9:27 PM
|$20.76 Million in Sales Expected for Conifer Holdings, Inc. (CNFR) This Quarter|
www.americanbankingnews.com - November 7 at 4:36 AM
|Conifer Holdings Schedules Third Quarter Results Conference Call/Webcast for Thursday, November 9|
finance.yahoo.com - October 26 at 5:44 PM
Conifer (NASDAQ:CNFR) SEC Filings
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Conifer (NASDAQ:CNFR) Income Statement, Balance Sheet and Cash Flow Statement
Conifer (NASDAQ CNFR) Stock Chart for Thursday, March, 22, 2018