CORNERST Stock Overview
Cornerstone Insurance Plc, together with its subsidiaries, offers risk underwriting and related financial services for corporate and individual customers in Nigeria and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Cornerstone Insurance Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦1.85 |
| 52 Week High | ₦2.67 |
| 52 Week Low | ₦0.65 |
| Beta | -0.52 |
| 1 Month Change | -9.76% |
| 3 Month Change | 17.09% |
| 1 Year Change | 184.62% |
| 3 Year Change | 249.06% |
| 5 Year Change | 1,040.84% |
| Change since IPO | 194.79% |
Recent News & Updates
Recent updates
Shareholder Returns
| CORNERST | NG Insurance | NG Market | |
|---|---|---|---|
| 7D | -4.1% | -0.02% | -1.1% |
| 1Y | 184.6% | 88.2% | 115.8% |
Return vs Industry: CORNERST exceeded the NG Insurance industry which returned 89.2% over the past year.
Return vs Market: CORNERST exceeded the NG Market which returned 116.5% over the past year.
Price Volatility
| CORNERST volatility | |
|---|---|
| CORNERST Average Weekly Movement | 10.3% |
| Insurance Industry Average Movement | 9.8% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in NG Market | 11.8% |
| 10% least volatile stocks in NG Market | 3.3% |
Stable Share Price: CORNERST's share price has been volatile over the past 3 months.
Volatility Over Time: CORNERST's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 182 | Steve Alangbo | 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 | ₦33.37b |
| Earnings (TTM) | ₦15.53b |
| Revenue (TTM) | ₦17.48b |
2.1x
P/E Ratio1.9x
P/S RatioIs CORNERST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CORNERST income statement (TTM) | |
|---|---|
| Revenue | ₦17.48b |
| Cost of Revenue | ₦10.48b |
| Gross Profit | ₦7.00b |
| Other Expenses | -₦8.53b |
| Earnings | ₦15.53b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.86 |
| Gross Margin | 40.05% |
| Net Profit Margin | 88.88% |
| Debt/Equity Ratio | 0% |
How did CORNERST perform over the long term?
See historical performance and comparison