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:
- Sector: Finance
- Industry: Property & Casualty Insurance - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:CNFR
- CUSIP: N/A
- Web: www.cnfrh.com
Capitalization:- Market Cap: $51.49 million
- Outstanding Shares: 7,633,000
Average Prices:- 50 Day Moving Avg: $6.93
- 200 Day Moving Avg: $7.24
- 52 Week Range: $6.50 - $9.02
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.13
- P/E Growth: 11.16
Sales & Book Value:- Annual Revenue: $98.46 million
- Price / Sales: 0.53
- Book Value: $8.72 per share
- Price / Book: 0.79
Profitability:- EBIDTA: ($6,900,000.00)
- Net Margins: -8.37%
- Return on Equity: -12.17%
- Return on Assets: -4.29%
Debt:- Debt-to-Equity Ratio: 0.26%
- Current Ratio: 0.48%
- Quick Ratio: 0.48%
Misc:- Average Volume: 9,248 shs.
- Beta: 1.02
- Short Ratio: 7.3
Frequently Asked Questions for Conifer Holdings (NASDAQ:CNFR)
What is Conifer Holdings' stock symbol?
Conifer Holdings trades on the NASDAQ under the ticker symbol "CNFR."
How were Conifer Holdings' earnings last quarter?
Conifer Holdings, Inc. (NASDAQ:CNFR) posted its earnings results on Wednesday, May, 10th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.23. The company had revenue of $25.06 million for the quarter, compared to analyst estimates of $25.42 million. Conifer Holdings had a negative return on equity of 12.17% and a negative net margin of 8.37%. View Conifer Holdings' Earnings History.
Who are some of Conifer Holdings' key competitors?
Some companies that are related to Conifer Holdings include HopFed Bancorp (HFBC), Guaranty Federal Bancshares (GFED), Wheeler Real Estate Investment Trust (WHLR), American River Bankshares (AMRB), Sotherly Hotels (SOHO), GSV Capital Corp (GSVC), Harvest Capital Credit Corporation (HCAP), Atlantic American Corporation (AAME), Real Industry (RELY), Eagle Bancorp Montana (EBMT), Patriot National Bancorp (PNBK), Anchor Bancorp (ANCB), GWG Holdings (GWGH), Medallion Financial Corp. (MFIN), Manning & Napier (MN), Patriot National (PN), Unico American Corporation (UNAM) and Porter Bancorp (PBIB).
Who are Conifer Holdings' key executives?
Conifer Holdings' management team includes the folowing people:
- James G Petcoff, Chairman of the Board, Chief Executive Officer
- Brian J. Roney, President
- Harold J. Meloche, Chief Financial Officer, Treasurer
- Nicholas J. Petcoff, Executive Vice President, Secretary, Director
- Andrew D. Petcoff, Senior Vice President - Marketing
- Mark R. McCammon, Director
- Jorge J. Morales, Director
- Joseph D. Sarafa, Director
- R. Jamison Williams Jr., Director
When did Conifer Holdings IPO?
(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.
How do I buy Conifer Holdings stock?
Shares of Conifer Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Conifer Holdings' stock price today?
One share of Conifer Holdings stock can currently be purchased for approximately $6.85.
MarketBeat Community Rating for Conifer Holdings (NASDAQ CNFR)MarketBeat's community ratings are surveys of what our community members think about Conifer Holdings 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.
Consensus Ratings for Conifer Holdings (NASDAQ:CNFR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Conifer Holdings (NASDAQ:CNFR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/29/2016 | Sandler O'Neill | Downgrade | Buy -> Hold | | N/A |  |
| 2/24/2016 | BMO Capital Markets | Downgrade | Outperform -> Market Perform | | N/A | |
| 2/23/2016 | William Blair | Downgrade | Outperform -> Market Perform | | N/A | |
| 9/8/2015 | Raymond James Financial, Inc. | Initiated Coverage | Outperform | | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for Conifer Holdings (NASDAQ:CNFR)Earnings History by Quarter for Conifer Holdings (NASDAQ CNFR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Conifer Holdings (NASDAQ:CNFR)2017 EPS Consensus Estimate: $0.28
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.02 | $0.02 | $0.02 |
| Q2 2017 | 1 | $0.05 | $0.05 | $0.05 |
| Q3 2017 | 1 | $0.10 | $0.10 | $0.10 |
| Q4 2017 | 1 | $0.11 | $0.11 | $0.11 |
(Data provided by Zacks Investment Research)
Dividend History for Conifer Holdings (NASDAQ:CNFR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Conifer Holdings (NASDAQ:CNFR)Insider Ownership Percentage: 44.20%
Institutional Ownership Percentage: 32.73%
Insider Trades by Quarter for Conifer Holdings (NASDAQ:CNFR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/7/2017 | Joseph D Sarafa | Director | Buy | 52 | $7.00 | $364.00 | |
| 6/5/2017 | Joseph D Sarafa | Director | Buy | 801 | $6.99 | $5,598.99 | |
| 3/14/2017 | Brian J Roney | President | Buy | 3,000 | $6.91 | $20,730.00 | |
| 3/10/2017 | Andrew Petcoff | SVP | Buy | 3,131 | $7.20 | $22,543.20 | |
| 3/10/2017 | Mark Mccammon | Director | Buy | 779 | $7.00 | $5,453.00 | |
| 3/8/2017 | Andrew Petcoff | SVP | Buy | 1,729 | $6.73 | $11,636.17 | |
| 12/2/2016 | R Jamison Williams Jr | Director | Buy | 10,500 | $7.15 | $75,075.00 | |
| 11/23/2016 | James G Petcoff | Chairman | Buy | 35,000 | $7.20 | $252,000.00 | |
| 11/21/2016 | Brian J Roney | President | Buy | 2,000 | $7.34 | $14,680.00 | |
| 6/7/2016 | Andrew Petcoff | SVP | Buy | 1,000 | $6.30 | $6,300.00 | |
| 5/27/2016 | Brian J Roney | President | Buy | 2,000 | $6.40 | $12,800.00 | |
| 3/7/2016 | Andrew Petcoff | SVP | Buy | 6,425 | $6.75 | $43,368.75 | |
| 3/2/2016 | Andrew Petcoff | SVP | Buy | 400 | $6.75 | $2,700.00 | |
| 2/29/2016 | James G Petcoff | CEO | Buy | 7,057 | $6.20 | $43,753.40 | |
| 2/24/2016 | Harold J Meloche | CFO | Buy | 4,034 | $5.77 | $23,276.18 | |
| 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 | |
| 2/18/2016 | Nicholas J Petcoff | EVP | Buy | 3,200 | $6.40 | $20,480.00 | |
| 2/17/2016 | Andrew Petcoff | SVP | Buy | 4,130 | $6.28 | $25,936.40 | |
| 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 | |
| 2/16/2016 | Harold J Meloche | CFO | Buy | 7,000 | $6.71 | $46,970.00 | |
| 2/16/2016 | Joseph D Sarafa | Director | Buy | 3,200 | $6.95 | $22,240.00 | |
| 8/18/2015 | Brian J Roney | President | Buy | 29,908 | $10.50 | $314,034.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Conifer Holdings (NASDAQ:CNFR)
Latest Headlines for Conifer Holdings (NASDAQ:CNFR)
| Source: |
|
| Date | Headline |
|---|
 | Conifer Holdings, Inc. (CNFR) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 17 at 5:20 PM |
| Contrasting Berkshire Hathaway (BRK.A) and Conifer Holdings (CNFR)
www.americanbankingnews.com - June 20 at 12:30 PM |
| Conifer Holdings Inc (CNFR) Sees Significant Drop in Short Interest
www.americanbankingnews.com - June 10 at 7:22 AM |
 | Edited Transcript of CNFR earnings conference call or presentation 11-May-17 12:30pm GMT
finance.yahoo.com - May 11 at 10:03 PM |
| Conifer Holdings Inc (CNFR) Posts Earnings Results, Misses Estimates By $0.22 EPS
www.americanbankingnews.com - May 11 at 9:00 PM |
| Investor Network: Conifer Holdings Inc to Host Earnings Call
finance.yahoo.com - May 11 at 5:02 PM |
| Conifer Holdings Reports 2017 First Quarter Financial Results
finance.yahoo.com - May 10 at 4:35 PM |
| Conifer Holdings (CNFR) Earning Somewhat Critical Press Coverage, Study Shows
www.americanbankingnews.com - May 4 at 3:22 PM |
| Conifer Holdings Schedules First Quarter Results Conference Call/Webcast for Thursday, May 11
finance.yahoo.com - April 27 at 4:51 PM |
| Conifer Holdings (CNFR) Earning Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 21 at 2:14 PM |
| Conifer Holdings (CNFR) Getting Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 15 at 11:21 AM |
| Brokerages Set $7.50 Target Price for Conifer Holdings Inc (CNFR)
www.americanbankingnews.com - April 6 at 8:01 AM |
| Conifer Holdings Inc (CNFR) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - March 20 at 12:25 PM |
| Conifer Holdings to Present at the NYSSA 21st Annual Insurance Industry Conference on Tuesday, March 21, 2017
finance.yahoo.com - March 15 at 4:47 PM |
| Conifer Holdings Inc (CNFR) President Buys $20,730.00 in Stock
www.americanbankingnews.com - March 15 at 12:24 AM |
| Conifer Holdings Announces Date for 2017 Annual Meeting of Shareholders
finance.yahoo.com - March 14 at 4:15 PM |
| Conifer Holdings Inc (CNFR) SVP Acquires $11,636.17 in Stock
www.americanbankingnews.com - March 10 at 1:00 AM |
 | Conifer Holdings Reports 2016 Fourth Quarter and Year End Financial Results
us.rd.yahoo.com - March 1 at 9:27 PM |
| 4:19 pm Conifer Holdings misses on the bottom line
us.rd.yahoo.com - March 1 at 9:27 PM |
| Conifer Holdings to Present at Annual Association of Insurance and Financial Analysts (AIFA) Conference
finance.yahoo.com - February 28 at 4:38 PM |
| Conifer Holdings Schedules Fourth Quarter and Full Year 2016 Results Conference Call/Webcast for Thursday, March 2
finance.yahoo.com - February 16 at 4:29 PM |
| Conifer Receives Endorsement from the Indiana Licensed Beverage Association
finance.yahoo.com - December 5 at 5:11 PM |
| Q3 2016 Conifer Holdings Inc Earnings Release - After Market Close
biz.yahoo.com - November 9 at 11:26 AM |
| Conifer Holdings Schedules Third-Quarter Conference Call/Webcast for Thursday, November 10
finance.yahoo.com - October 25 at 4:20 PM |
| CONIFER HOLDINGS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - October 21 at 4:21 PM |
| Edited Transcript of CNFR earnings conference call or presentation 12-Aug-16 12:30pm GMT
finance.yahoo.com - August 12 at 9:33 PM |
| Q2 2016 Conifer Holdings Inc Earnings Release - After Market Close
biz.yahoo.com - August 11 at 11:20 AM |
| Conifer Becomes Top Writer of Michigan Liquor Liability Business
finance.yahoo.com - June 16 at 4:01 PM |
| CONIFER HOLDINGS, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 19 at 4:49 PM |
| Edited Transcript of CNFR earnings conference call or presentation 13-May-16 12:30pm GMT
finance.yahoo.com - May 13 at 2:51 PM |
| CONIFER HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
biz.yahoo.com - May 12 at 4:09 PM |
| Q1 2016 Conifer Holdings Inc Earnings Release - After Market Close
biz.yahoo.com - May 12 at 7:07 AM |
| A.M. Best Assigns Issuer Credit Rating to Conifer Holdings, Inc. and Affirms Ratings of Its Subsidiaries
finance.yahoo.com - May 3 at 10:25 AM |
| Conifer Holdings downgraded by Sandler O'Neill
finance.yahoo.com - April 29 at 8:59 AM |
 | Hottest Finance Stocks Now – AHP JYNT VHC SBCF
investorplace.com - March 29 at 12:31 PM |
| Hottest Finance Stocks Now – AHP JYNT VHC SBCF
investorplace.com - March 29 at 12:31 PM |
| CONIFER HOLDINGS, INC. Financials
finance.yahoo.com - March 19 at 1:04 PM |
| CONIFER HOLDINGS, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 1:11 PM |
 | Conifer Holdings to Present at the NYSSA 20th Annual Insurance Industry Conference on Monday, March
www.nasdaq.com - March 15 at 11:43 AM |
| Conifer Holdings to Present at the NYSSA 20th Annual Insurance Industry Conference on Monday, March 21, 2016
finance.yahoo.com - March 14 at 4:01 PM |
| Conifer Holdings Announces Date for 2016 Annual Shareholders Meeting
finance.yahoo.com - March 10 at 4:01 PM |
| Conifer Holdings Announces Date for 2016 Annual Shareholders Meeting
finance.yahoo.com - March 10 at 4:01 PM |
| Hottest Finance Stocks Now – PHH OCN BBVA UEPS
investorplace.com - March 10 at 11:38 AM |
| CONIFER HOLDINGS, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - February 25 at 4:03 PM |
| 3:10 pm Conifer Holdings authorizes $2.1 million repurchase program
finance.yahoo.com - February 25 at 3:10 PM |
| Conifer Holdings Announces $2.1 Million Stock Repurchase Program
finance.yahoo.com - February 25 at 3:10 PM |
| Edited Transcript of CNFR earnings conference call or presentation 23-Feb-16 1:30pm GMT
finance.yahoo.com - February 23 at 11:47 AM |
| CONIFER HOLDINGS, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - February 23 at 6:11 AM |
| Conifer Holdings Reports Fourth Quarter and Full Year 2015 Results
finance.yahoo.com - February 22 at 4:15 PM |
| Q4 2015 Conifer Holdings Inc Earnings Release - After Market Close
biz.yahoo.com - February 22 at 7:07 AM |
Conifer Holdings (CNFR) Chart for Tuesday, July, 25, 2017
