Media headlines about Conifer (NASDAQ:CNFR) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Conifer earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 44.791259174023 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Conifer (CNFR) traded down $0.04 during mid-day trading on Thursday, reaching $5.61. The company had a trading volume of 17,323 shares, compared to its average volume of 7,247. Conifer has a fifty-two week low of $5.30 and a fifty-two week high of $8.20. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.55. The firm has a market cap of $51.54, a P/E ratio of -1.64 and a beta of 1.13.
Conifer (NASDAQ:CNFR) last posted its quarterly earnings results on Wednesday, November 8th. The insurance provider reported ($2.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.40) by ($0.08). Conifer had a negative return on equity of 43.07% and a negative net margin of 27.29%. equities analysts predict that Conifer will post -2.79 EPS for the current year.
In other news, EVP Nicholas J. Petcoff purchased 16,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 10th. The shares were acquired at an average cost of $6.25 per share, with a total value of $100,000.00. Following the purchase, the executive vice president now owns 114,759 shares in the company, valued at $717,243.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark Mccammon sold 97,319 shares of the business’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $5.78, for a total value of $562,503.82. Following the sale, the director now directly owns 9,000 shares of the company’s stock, valued at $52,020. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 153,000 shares of company stock worth $900,349. 45.50% of the stock is owned by company insiders.
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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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