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How to Buy Conifer Holdings Stock

Conifer Holdings Inc

Conifer Holdings, Inc. , an insurance holding company, engages in the sale of property and casualty insurance products. It offers insurance coverage in specialty commercial and personal product lines.

Conifer Holdings stock last closed at $1.00, up 3.52% from the previous day, and has decreased 39.39% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.6 percentage points. Conifer Holdings stock is currently +53.85% from its 52-week low of $0.65, and -44.44% from its 52-week high of $1.80.

There are currently 12.22M shares of CNFR outstanding. The market capitalization of CNFR is $12.22M. In the last 24 hours, 4797 CNFR shares were traded.

How to Buy Conifer Holdings Stock

Wondering how to invest in Conifer Holdings stock? Here's how.
  1. Figure out where to buy Conifer Holdings stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Conifer Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Research Conifer Holdings stock: The Conifer Holdings ticker symbol is CNFR. Is Conifer Holdings stock a good investment? Should you buy shares of CNFR? How do CNFR's underlying business fundamentals look? Do top analysts think Conifer Holdings is a good buy? Why has CNFR's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CNFR is a good stock to buy).
  5. Place your CNFR trade: Decide if you will purchase CNFR shares at the current market price or use a limit order to buy CNFR shares at a given price.
  6. Get the latest scoop on your investment in CNFR: Create a watchlist to track your investment in Conifer Holdings shares.

Step 1: Figure out where to buy Conifer Holdings stock

You will need a brokerage account to access the NASDAQ market and buy CNFR shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to invest in CNFR stock today.

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  1. Click here to get started.
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  2. Input your personal details to create your new trading account.
  1. Submit your information by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've opened your account on the best stock buying app, you can securely and quickly fund your account:

Watch the walkthrough below to see the process of transferring funds into your new brokerage account.

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Step 4: Research Conifer Holdings stock

Once you have figured out the best place to buy Conifer Holdings stock, it's absolutely critical to research their stock prior to buying, so you actually understand the risk and opportunity.

Conifer Holdings Numbers

CNFR Price
$1.00
1w %
3.52%
1y %
-39.39%
5y %
-78.59%
P/E
-0.47x
P/B
4.23x
P/S
0.12x
PEG
N/A
Revenue
$98.76M
Earnings
-$25.89M
Fore. Rev. Growth
-20.72%
Fore. Earn. Growth
N/A
Market Cap
$12.22M
Next Earnings
May 8, 2024
Next Dividend
N/A

Conifer Holdings Overview

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on CNFR's stock page.

Is CNFR stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CNFR's true value.

Using relative valuations metrics:

  • CNFR may be overvalued based on its P/B ratio of 4.23x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x

You can access more valuation analysis on CNFR's stock here.

A look at CNFR Cashflows and Balance Sheet

Failed Financial Due Diligence Checks:

  • Total CNFR debt is higher than 5 years ago, relative to shareholder equity.
  • CNFR has a relatively high debt to equity ratio of 106.93.
  • CNFR profit margin has gone down from -10.2% to -26.2% in the past year.

Is it a good time to buy Conifer Holdings stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who research CNFR, the consensus analyst rating on CNFR is a Strong Sell

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Conifer Holdings stock forecast page.

Metrics for Advanced CNFR Traders

SMA10
0.99
SMA20
1
SMA50
1.08
SMA100
1.18
SMA200
1.22
MACD
-0.03
MACD Signal
-0.04
MACD Histogram
0.01
RSI
47.65
Stochastic %K
27.63
Stochastic %D
25.44
StochRSI %K
59.8
StochRSI %D
52.9

CNFR Performance Numbers

Last year, CNFR revenue was $98.76M. In the last 5 year, CNFR's revenue has gone up by -0.03% per year. This was slower than the Insurance - Property & Casualty industry average of 11.77%.

You can analyze CNFR's earnings and revenue performance here.

Latest Insiders Trades at CNFR

Over the past 12 months, insiders at CNFR have bought more shares than they have sold.

Gerald W. Hakala, Director of CNFR, was the latest CNFR insider to buy. They bought $6,000,000.00 worth of CNFR shares on Dec 20, 2023.

Research more about who owns CNFR shares here.

Can I rely on CNFR as an income stream?

No, Conifer Holdings doesn't provide an income stream by paying out dividends.

Get analysis from other investors

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your CNFR trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.

Click the Open button and your broker will place the order.

If you require more assistance buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your investment in CNFR

Now that you own some CNFR stock, you'll want to keep up with your new stock purchase.

Add CNFR to a watchlist to get alerted to the latest events about your CNFR stock.

CNFR Feed

How to Buy Stock in Conifer Holdings

To reiterate, here are the 6 steps to buy stock in Conifer Holdings:

  1. Figure out where to buy Conifer Holdings stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Research Conifer Holdings stock
  5. Place your CNFR trade
  6. Get the latest scoop on your investment in CNFR

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Conifer Holdings, hit the button below to create your watchlist.

NASDAQ: CNFR
$1.00+0.03 (+3.52%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: CNFR
$1.00+0.03 (+3.52%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Conifer Holdings share?

As of Apr 26, 2024, it costs $1.00 to buy one share of Conifer Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.5, you can buy 0.5 shares of CNFR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Conifer Holdings stock?

According to 1 Wall Street analysts who monitor Conifer Holdings, their consensus recommendation is to sell Conifer Holdings stock.

What is the best way to buy Conifer Holdings stock?

One way to place an order for Conifer Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.