Conifer Holdings, Inc. (NASDAQ:CNFR) – Equities research analysts at Boenning Scattergood boosted their Q2 2021 earnings estimates for Conifer in a research report issued on Thursday, April 22nd. Boenning Scattergood analyst R. Farnam now anticipates that the insurance provider will post earnings per share of $0.01 for the quarter, up from their previous estimate of ($0.01). Boenning Scattergood also issued estimates for Conifer’s Q1 2022 earnings at $0.09 EPS, Q3 2022 earnings at $0.06 EPS and FY2022 earnings at $0.25 EPS.
CNFR has been the topic of a number of other research reports. Zacks Investment Research upgraded Conifer from a “sell” rating to a “hold” rating in a report on Friday, February 26th. TheStreet upgraded Conifer from a “d+” rating to a “c” rating in a report on Friday, February 26th.
Shares of CNFR opened at $3.53 on Friday. The company has a market capitalization of $34.13 million, a price-to-earnings ratio of -5.97 and a beta of 1.21. Conifer has a fifty-two week low of $2.16 and a fifty-two week high of $5.00. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.42 and a quick ratio of 0.42. The business’s 50-day moving average is $3.78 and its 200-day moving average is $3.11.
Conifer (NASDAQ:CNFR) last issued its earnings results on Monday, February 22nd. The insurance provider reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.23). The business had revenue of $30.00 million during the quarter, compared to analyst estimates of $24.27 million. Conifer had a negative net margin of 5.79% and a negative return on equity of 21.69%.
Conifer Company Profile
Conifer Holdings, Inc engages in the sale of property and casualty insurance products. It operates through the following segments: Commercial and Personal Lines. The Commercial Lines segment offers coverage for property, liability, automobile, and miscellaneous coverage. The Personal Lines segment involves in the provision of catastrophe coverage or dwelling insurance.
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