CORNERST Stock Overview
Offers risk underwriting and related financial services for corporate and individual customers in Nigeria and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Cornerstone Insurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦3.27 |
| 52 Week High | ₦3.30 |
| 52 Week Low | ₦1.38 |
| Beta | -0.44 |
| 1 Month Change | 28.24% |
| 3 Month Change | 30.80% |
| 1 Year Change | 136.96% |
| 3 Year Change | 610.87% |
| 5 Year Change | 796.22% |
| Change since IPO | 421.06% |
Recent News & Updates
Recent updates
Shareholder Returns
| CORNERST | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | 5.5% | 14.6% | 1.9% |
| 1Y | 137.0% | 109.6% | 53.2% |
Return vs Industry: CORNERST exceeded the NG Insurance industry which returned 107% over the past year.
Return vs Market: CORNERST exceeded the NG Market which returned 52.7% over the past year.
Price Volatility
| CORNERST volatility | |
|---|---|
| CORNERST Average Weekly Movement | 7.5% |
| Insurance Industry Average Movement | 7.3% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in NG Market | 8.8% |
| 10% least volatile stocks in NG Market | 3.1% |
Stable Share Price: CORNERST has not had significant price volatility in the past 3 months compared to the NG market.
Volatility Over Time: CORNERST's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 200 | Steve Alangbor | cornerstone.com.ng |
Cornerstone Insurance Plc, together with its subsidiaries, offers risk underwriting and related financial services for corporate and individual customers in Nigeria and internationally. The company operates through Non-Life Insurance, Life Insurance, Takaful Insurance, Fin Insurance, Leasing, and Life Deposit Administration/Investment Contracts. It offers property-casualty insurance and life/health insurance products.
Cornerstone Insurance Plc Fundamentals Summary
| CORNERST fundamental statistics | |
|---|---|
| Market cap | ₦58.99b |
| Earnings (TTM) | ₦26.18b |
| Revenue (TTM) | ₦39.07b |
2.3x
P/E Ratio1.5x
P/S RatioIs CORNERST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CORNERST income statement (TTM) | |
|---|---|
| Revenue | ₦39.07b |
| Cost of Revenue | ₦26.03b |
| Gross Profit | ₦13.04b |
| Other Expenses | -₦13.14b |
| Earnings | ₦26.18b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.45 |
| Gross Margin | 33.37% |
| Net Profit Margin | 67.01% |
| Debt/Equity Ratio | 0% |
How did CORNERST perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield11%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:44 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cornerstone Insurance Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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