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1 Comment
Conifer Holdings, Inc is currently in a long term downtrend where the price is trading 10.0% below its 200 day moving average.
From a valuation standpoint, the stock is 95.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.4.
Conifer Holdings, Inc's total revenue rose by 29.6% to $31M since the same quarter in the previous year.
Its net income has increased by 208.1% to $3M since the same quarter in the previous year.
Finally, its free cash flow fell by 25.3% to $6M since the same quarter in the previous year.
Based on the above factors, Conifer Holdings, Inc gets an overall score of 3/5.
ISIN | US20731J1025 |
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Sector | Financial Services |
Industry | Insurance - Property & Casualty |
Exchange | NASDAQ |
CurrencyCode | USD |
Market Cap | 11M |
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PE Ratio | None |
Target Price | 0.61 |
Beta | 0.55 |
Dividend Yield | None |
Conifer Holdings, Inc., an insurance holding company, engages in the sale of property and casualty insurance products. The company offers insurance coverage in specialty commercial and personal product lines. It also underwrites various specialty insurance products, including property, general liability, liquor liability, automobile, and homeowners and dwelling policies. The company serves the commercial insurance needs of owner-operated businesses in the markets, such as hospitality, which includes restaurants, bars, taverns, and bowling centers, as well as small grocery and convenience stores; artisan contractors comprising plumbers, painters, carpenters, electricians, and other independent contractors; and security service providers, including companies that provide security guard services, security alarm products and services, and private investigative services. It offers specialty homeowners insurance products, such as low- value dwelling insurance tailored for owners of lower valued homes in Illinois, Indiana, Louisiana, and Texas; and wholesale agency services comprising commercial and personal lines insurance products for its insurance company subsidiaries, as well as third party insurers. Conifer Holdings, Inc. markets and sells its insurance products through a network of independent agents in 50 states in the United States. The company was incorporated in 2009 and is headquartered in Troy, Michigan.
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