News articles about Conifer Holdings (NASDAQ:CNFR) have trended positive on Friday, according to AlphaOne Sentiment Analysis. AlphaOne, a unit of Accern, rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Conifer Holdings earned a daily sentiment score of 0.47 on AlphaOne’s scale. AlphaOne also gave news coverage about the insurance provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
Shares of Conifer Holdings (NASDAQ:CNFR) traded down 2.7911% during midday trading on Friday, hitting $7.6795. The stock had a trading volume of 10,336 shares. The company’s 50 day moving average price is $7.79 and its 200-day moving average price is $7.39. Conifer Holdings has a 1-year low of $6.02 and a 1-year high of $9.02. The firm’s market capitalization is $58.62 million.
Conifer Holdings (NASDAQ:CNFR) last issued its earnings results on Wednesday, May 10th. The insurance provider reported ($0.24) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.22. The firm had revenue of $25.06 million during the quarter, compared to the consensus estimate of $25.42 million. Conifer Holdings had a negative net margin of 7.17% and a negative return on equity of 9.16%. Equities analysts predict that Conifer Holdings will post $0.04 earnings per share for the current year.
Separately, Zacks Investment Research downgraded Conifer Holdings from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 14th.
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About Conifer Holdings
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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