Conifer Holdings (CNFR) Given Daily News Impact Rating of 0.11
Media headlines about Conifer Holdings (NASDAQ:CNFR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Conifer Holdings earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 46.3105299583839 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Watching Shares of Reece Ltd — Technical Focus (iphonefresh.com)
- Trading Notes: Ultimate Oscillator Below 40 for This Stock: TRANSOCEAN HOLDINGS BHD (vothemes.com)
- Conifer Holdings, Inc. (CNFR) Expected to Post Quarterly Sales of $24.36 Million (americanbankingnews.com)
- Analyzing Conifer Holdings (CNFR) & its Peers (americanbankingnews.com)
- Conifer Holdings, Inc. (CNFR) Expected to Announce Earnings of -$0.20 Per Share (americanbankingnews.com)
Conifer Holdings (NASDAQ CNFR) traded up 0.72% on Wednesday, hitting $7.00. 5,396 shares of the company’s stock traded hands. The stock has a 50-day moving average of $6.93 and a 200-day moving average of $6.97. Conifer Holdings has a one year low of $6.60 and a one year high of $8.84. The stock’s market cap is $53.43 million.
Conifer Holdings (NASDAQ:CNFR) last released its earnings results on Wednesday, August 9th. The insurance provider reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.31). The company had revenue of $26.28 million for the quarter, compared to analysts’ expectations of $24.98 million. Conifer Holdings had a negative return on equity of 14.14% and a negative net margin of 8.65%. On average, equities analysts forecast that Conifer Holdings will post ($0.59) earnings per share for the current fiscal year.
Several research firms have commented on CNFR. Zacks Investment Research raised shares of Conifer Holdings from a “strong sell” rating to a “hold” rating in a report on Monday, July 17th. Boenning Scattergood began coverage on shares of Conifer Holdings in a report on Wednesday, August 16th. They set a “neutral” rating for the company.
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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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