Conifer Holdings Inc. (CNFR) Stock Price Down 3.8%
Conifer Holdings Inc. (NASDAQ:CNFR) shares were down 3.8% during trading on Thursday . The stock traded as low as $7.50 and last traded at $7.50, with a volume of 213,559 shares traded. The stock had previously closed at $7.80.
Several research analysts recently commented on CNFR shares. Sandler O’Neill lowered Conifer Holdings from a “buy” rating to a “hold” rating in a research report on Friday, April 29th. Zacks Investment Research lowered Conifer Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $11.50.
The company’s market capitalization is $56.52 million. The company has a 50-day moving average of $7.66 and a 200-day moving average of $6.92.
Conifer Holdings (NASDAQ:CNFR) last posted its earnings results on Thursday, August 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.06. Equities research analysts expect that Conifer Holdings Inc. will post ($0.40) EPS for the current 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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