CNFinance - CNF Stock Forecast, Price & News

CNFinance's stock was trading at $1.71 at the start of the year. Since then, CNF shares have increased by 31.6% and is now trading at $2.25.
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CNFinance saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 122,500 shares, a drop of 5.1% from the February 13th total of 129,100 shares. Based on an average trading volume of 31,800 shares, the days-to-cover ratio is currently 3.9 days.
View CNFinance's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our CNF earnings forecast.

CNFinance Holdings Limited (NYSE:CNF) released its quarterly earnings data on Monday, November, 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.22. The firm had revenue of $38.96 million for the quarter, compared to analyst estimates of $42.28 million. CNFinance had a negative net margin of 0.25% and a negative trailing twelve-month return on equity of 0.09%. During the same period in the previous year, the company posted $0.10 EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other CNFinance investors own include Ampio Pharmaceuticals (AMPE), Eastman Chemical (EMN), General Mills (GIS), Pfizer (PFE), Trevena (TRVN), AbbVie (ABBV), Advanced Micro Devices (AMD), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY) and ChromaDex (CDXC).

(CNF) raised $52 million in an initial public offering (IPO) on Wednesday, November 7th 2018. The company issued 6,500,000 shares at $7.50-$8.50 per share. Roth Capital Partners and Shenwan Hongyuan Securities acted as the underwriters for the IPO.

CNFinance trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNF."

CNFinance's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gagnon Securities LLC (0.00%), Truist Financial Corp (0.00%), Argonautica Private Wealth Management Inc. (0.00%) and Creative Planning (0.03%).

Shares of CNF 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 CNF stock can currently be purchased for approximately $2.25.

CNFinance (NYSE:CNF) has a market capitalization of $154.31 million and generates $1.07 billion in revenue each year. The company earns $10.11 million in net income (profit) each year or $0.29 on an earnings per share basis.

The company employs 1,062 workers across the globe.

CNFinance's mailing address is 44F TOWER G NO. 16 ZHUJIANG DONG RD., GUANGZHOU F4, 510620. The official website for the company is www.cashchina.cn. The company can be reached via phone at 8620162316688 or via email at ir@cashchina.cn.