CNFinance Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNFinance in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CNFinance stock.
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1 brokerages have issued 12 month price targets for CNFinance's stock. Their CNF stock forecasts range from $5.50 to $5.50. On average, they predict CNFinance's share price to reach $5.50 in the next year. This suggests a possible upside of 117.4% from the stock's current price.
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CNFinance's stock was trading at $4.08 on January 1st, 2022. Since then, CNF shares have decreased by 38.0% and is now trading at $2.53.
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CNFinance saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 218,700 shares, an increase of 3,670.7% from the May 31st total of 5,800 shares. Based on an average daily volume of 44,000 shares, the days-to-cover ratio is presently 5.0 days.
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CNFinance is scheduled to release its next quarterly earnings announcement on Monday, August 22nd 2022.
View our earnings forecast for CNFinance.

CNFinance Holdings Limited (NYSE:CNF) released its quarterly earnings results on Monday, November, 22nd. The company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.22. The company had revenue of $38.96 million for the quarter, compared to analysts' expectations of $42.28 million. CNFinance had a trailing twelve-month return on equity of 0.56% and a net margin of 1.54%. During the same period in the prior year, the business earned $0.10 earnings per share.
View CNFinance's earnings history.

Some companies that are related to CNFinance include Far Peak Acquisition (FPAC), Perella Weinberg Partners (PWP), Pioneer Merger (PACX), loanDepot (LDI), LexinFintech (LX), America First Multifamily Investors (ATAX), Sunlight Financial (SUNL), Velocity Financial (VEL), OppFi (OPFI), MoneyLion (ML), Oportun Financial (OPRT), Qudian (QD), CURO Group (CURO), Consumer Portfolio Services (CPSS) and Orange County Bancorp (OBT).
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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 on Wednesday, November 7th 2018. The company issued 6,500,000 shares at a price of $7.50-$8.50 per share. Roth Capital Partners and Shenwan Hongyuan Securities served 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 a number of retail and institutional investors. Top institutional shareholders include Gagnon Securities LLC (2.31%), Gagnon Advisors LLC (1.14%), Renaissance Technologies LLC (0.20%), Dimensional Fund Advisors LP (0.09%), JBF Capital Inc. (0.06%) and Truist Financial Corp (0.05%).

CNF stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, and Washington University.

CNF stock was acquired by a variety of institutional investors in the last quarter, including Gagnon Advisors LLC, Gagnon Securities LLC, Dimensional Fund Advisors LP, JBF Capital Inc., Cyrus J. Lawrence LLC, and Truist Financial Corp.

Shares of CNF 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 $2.53.

CNFinance (NYSE:CNF) has a market capitalization of $173.51 million and generates $219.35 million in revenue each year. The company earns $10.11 million in net income (profit) each year or $0.05 on an earnings per share basis.

CNFinance 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 CNFinance is www.cashchina.cn. The company can be reached via phone at 8620162316688 or via email at [email protected].