Conifer Holdings Inc. (CNFR) Trading Up 2%
Shares of Conifer Holdings Inc. (NASDAQ:CNFR) were up 2% on Wednesday . The stock traded as high as $8.10 and last traded at $8.09, with a volume of 58,837 shares trading hands. The stock had previously closed at $7.93.
Several analysts have weighed in on CNFR shares. Zacks Investment Research upgraded Conifer Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, April 19th. Sandler O’Neill downgraded Conifer Holdings from a “buy” rating to a “hold” rating in a research report on Friday, April 29th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $11.50.
The firm’s market cap is $61.30 million. The stock’s 50-day moving average is $7.58 and its 200-day moving average is $6.92.
Conifer Holdings (NASDAQ:CNFR) last announced its quarterly earnings results on Thursday, August 11th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.06. Equities analysts anticipate that Conifer Holdings Inc. will post ($0.36) EPS for the current fiscal year.
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.
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