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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 $0.85, down 0.47% from the previous day, and has decreased 45% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.61 percentage points. Conifer Holdings stock is currently +30.31% from its 52-week low of $0.65, and -49.58% from its 52-week high of $1.68.

At the moment, there are 12.22M CNFR shares outstanding. The market capitalization of CNFR is $10.35M. In the last 24 hours, 3320 CNFR shares were traded.

How to Buy Conifer Holdings Stock

Not sure how to invest in Conifer Holdings stock? Here's how.
  1. Figure out where to buy Conifer Holdings stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Conifer Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Pick your payment method 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 market analysis website 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 stock at a specific price.
  6. Get the latest scoop on your investment in CNFR: Create a watchlist to watch your position in Conifer Holdings shares.

Step 1: Figure out where to buy Conifer Holdings stock

You need a brokerage account in order to access the NASDAQ market and buy CNFR stock.

A brokerage account is an investment account that allows you to buy and sell a number 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 picked the best brokerage, you need to fill out some personal info so you are able to invest in CNFR today.

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

Now that you have finished signing up on the best stock market app, you need to deposit funds:

Check out the tutorial below if you need help transferring funds into your new brokerage account.

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Step 4: Research Conifer Holdings stock

Once you have decided on the best place to buy Conifer Holdings stock, it's important to evaluate their stock prior to buying, so you can understand the risk as well as the opportunity.

Overview of key CNFR info

CNFR Price
$0.85
1w %
-7.93%
1y %
-45%
5y %
-73.95%
P/E
-0.39x
P/B
4.05x
P/S
0.11x
PEG
N/A
Revenue
$97.26M
Earnings
-$26.81M
Fore. Rev. Growth
-19.49%
Fore. Earn. Growth
N/A
Market Cap
$10.35M
Next Earnings
Aug 7, 2024
Next Dividend
N/A

CNFR Fundamentals

WallStreetZen was designed to help average investors perform more accurate fundamental analysis.

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

Is CNFR stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge CNFR's fair value.

Using relative valuations measures:

  • CNFR could be overvalued based on its P/B ratio of 4.05x, relative to Insurance - Property & Casualty industry P/B ratio of 2.2x

You can do additional valuation research on CNFR's stock here.

A look at CNFR Cashflows and Balance Sheet

Failed Financial Due Diligence Checks:

  • CNFR's operating cash flow of $801.00k allows it to safely service it's debt of $24.95M.
  • CNFR has a relatively high debt to equity ratio of 116.66.
  • Total CNFR debt is higher than 5 years ago, relative to shareholder equity.
  • CNFR profit margin has gone down from -6.5% to -27.6% in the past year.
  • CNFR earnings of -$23.27M is not sufficient to cover its interest payments.

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

Metrics for Advanced CNFR Traders

SMA10
0.89
SMA20
0.86
SMA50
0.92
SMA100
0.97
SMA200
1.08
MACD
-0.02
MACD Signal
-0.01
MACD Histogram
0
RSI
47.11
Stochastic %K
17.58
Stochastic %D
18.08
StochRSI %K
24.68
StochRSI %D
31.84

How is CNFR performing as a company?

Last year, CNFR revenue was $97.26M. In the past 5 year, CNFR's revenue has increased by -0.23% per year. This was slower than the Insurance - Property & Casualty industry average of 11.37%.

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

Who is buying/selling CNFR?

Over the last year, executives and large shareholders 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 stock on Dec 20, 2023.

Dig into more about who owns CNFR shares here.

Can I get consistent income from CNFR stock?

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

CNFR Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your CNFR trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount, place a limit order.

Click the Open button and eToro will execute the order.

If you want more info about investing in stocks on eToro, click the how to video below:

Open eToro Account

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

Now that you own some shares in CNFR, you'll want to stay up-to-date on your stock purchase.

Put CNFR on a watchlist to track the most important metrics related to your CNFR stock.

CNFR Feed

How to Buy Stock in Conifer Holdings

To summarize, here are the 6 steps for buying Conifer Holdings stock:

  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 need a brokerage account, eToro is our favorite venue.

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 would like to get updates on your new investment in Conifer Holdings, create your watchlist below.

NASDAQ: CNFR
$0.85-0.00 (-0.47%)
Updated Jul 22, 2024
Open eToro Account
NASDAQ: CNFR
$0.85-0.00 (-0.47%)
Updated Jul 22, 2024
Open eToro Account

FAQ

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

As of Jul 22, 2024, it costs $0.85 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 $0.42, 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.

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.