Cornerstone Insurance Plc

NGSE:CORNERST Stock Report

Market Cap: ₦77.4b

Cornerstone Insurance (CORNERST) Stock Overview

Offers risk underwriting and related financial services for corporate and individual customers in Nigeria. More details

CORNERST fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends4/6

CORNERST Community Fair Values

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Cornerstone Insurance Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cornerstone Insurance
Historical stock prices
Current Share Price₦4.29
52 Week High₦4.76
52 Week Low₦1.85
Beta-0.19
1 Month Change15.95%
3 Month Change53.21%
1 Year Change103.32%
3 Year Change652.63%
5 Year Change862.00%
Change since IPO583.59%

Recent News & Updates

Recent updates

Shareholder Returns

CORNERSTNG InsuranceNG Market
7D-4.7%9.0%2.7%
1Y103.3%126.3%22.9%

Return vs Industry: CORNERST underperformed the NG Insurance industry which returned 126.3% over the past year.

Return vs Market: CORNERST exceeded the NG Market which returned 22.9% over the past year.

Price Volatility

Is CORNERST's price volatile compared to industry and market?
CORNERST volatility
CORNERST Average Weekly Movement9.3%
Insurance Industry Average Movement8.8%
Market Average Movement7.6%
10% most volatile stocks in NG Market10.7%
10% least volatile stocks in NG Market4.9%

Stable Share Price: CORNERST's share price has been volatile over the past 3 months compared to the NG market.

Volatility Over Time: CORNERST's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NG stocks.

About the Company

FoundedEmployeesCEOWebsite
1991212Steve Alangborcornerstone.com.ng

Cornerstone Insurance Plc, together with its subsidiaries, offers risk underwriting and related financial services for corporate and individual customers in Nigeria. The company operates through Non-Life Insurance, Life Insurance, Takaful Insurance, Fin Insurance, Leasing, and Life Deposit Administration/Investment Contracts. It offers property-casualty and life/health insurance products.

Cornerstone Insurance Plc Fundamentals Summary

How do Cornerstone Insurance's earnings and revenue compare to its market cap?
CORNERST fundamental statistics
Market cap₦77.39b
Earnings (TTM)₦10.33b
Revenue (TTM)₦44.28b
7.5x
P/E Ratio
1.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CORNERST income statement (TTM)
Revenue₦44.28b
Cost of Revenue₦32.79b
Gross Profit₦11.49b
Other Expenses₦1.16b
Earnings₦10.33b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin25.95%
Net Profit Margin23.33%
Debt/Equity Ratio0%

How did CORNERST perform over the long term?

See historical performance and comparison

Dividends

6.3%
Current Dividend Yield
47%
Payout Ratio

Does CORNERST pay a reliable dividends?

See CORNERST dividend history and benchmarks
When do you need to buy CORNERST by to receive an upcoming dividend?
Cornerstone Insurance dividend dates
Ex Dividend DateJul 08 2025
Dividend Pay DateJul 29 2025
Days until Ex dividend4 days
Days until Dividend pay date17 days

Does CORNERST pay a reliable dividends?

See CORNERST dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/11 10:21
End of Day Share Price 2025/07/11 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

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.