Previous Close | 3.1500 |
Open | 3.1600 |
Bid | 0.0000 x 1000 |
Ask | 0.0000 x 1000 |
Day's Range | 3.1038 - 3.4500 |
52 Week Range | 2.0000 - 5.0000 |
Volume | 215,301 |
Avg. Volume | 240,604 |
Market Cap | 31.939M |
Beta (5Y Monthly) | 1.22 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.5990 |
Earnings Date | Nov 12, 2020 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 2.50 |
Conifer Holdings (NASDAQ: CNFR) showed a loss in earnings since Q2, totaling $1.03 million. Sales, on the other hand, increased by 2.16% to $22.23 million during Q3. In Q2, Conifer Holdings earned $2.10 million and total sales reached $21.76 million.What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in Conifer Holdings's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, Conifer Holdings posted an ROCE of 0.02%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on CNFRReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.In Conifer Holdings's case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q3 Earnings Insight Conifer Holdings reported Q3 earnings per share at $-0.24/share, which did not meet analyst predictions of $-0.03/share.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Wednesday * 11 Financials Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
NEW YORK, NY / ACCESSWIRE / November 12, 2020 / Conifer Holdings, Inc.