CNO Financial Group Inc (CNO) average volume reaches $741.80K: Are the Stars Lining Up for Investors?

CNO Financial Group Inc (NYSE: CNO) open the trading on Thursday, with a bit cautious approach as it glided -3.42% to $25.16, before settling in for the price of $26.05 at the close. Taking a more long-term approach, CNO posted a 52-week range of $19.95-$28.39.

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In the past 5-years timespan, the Financial sector firm’s annual sales growth was -0.31%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.98%. This publicly-traded company’s shares outstanding now amounts to $109.36 million, simultaneously with a float of $105.86 million. The organization now has a market capitalization sitting at $2.74 billion. At the time of writing, stock’s 50-day Moving Average stood at $26.81, while the 200-day Moving Average is $25.41.

CNO Financial Group Inc (CNO) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Insurance – Life industry. CNO Financial Group Inc’s current insider ownership accounts for 2.87%, in contrast to 96.43% institutional ownership. According to the most recent insider trade that took place on Apr 09 ’24, this organization’s President, Worksite Division sold 2,778 shares at the rate of 27.10, making the entire transaction reach 75,284 in total value, affecting insider ownership by 69,605. Preceding that transaction, on Apr 02 ’24, Company’s President, Worksite Division sold 2,666 for 27.12, making the whole transaction’s value amount to 72,302. This particular insider is now the holder of 72,383 in total.

CNO Financial Group Inc (CNO) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted $1.18 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.85) by $0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.

CNO Financial Group Inc’s EPS increase for this current 12-month fiscal period is 1.98% and is forecasted to reach 3.45 in the upcoming year.

CNO Financial Group Inc (NYSE: CNO) Trading Performance Indicators

Let’s observe the current performance indicators for CNO Financial Group Inc (CNO). The Stock has managed to achieve an average true range (ATR) of 0.56. Alongside those numbers, its PE Ratio stands at $10.43, and its Beta score is 1.05. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.66. Similarly, its price to free cash flow for trailing twelve months is now 4.70.

In the same vein, CNO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.41, a figure that is expected to reach 0.65 in the next quarter, and analysts are predicting that it will be 3.45 at the market close of one year from today.

Technical Analysis of CNO Financial Group Inc (CNO)

[CNO Financial Group Inc, CNO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 13.93% While, its Average True Range was 0.60.

Raw Stochastic average of CNO Financial Group Inc (CNO) in the period of the previous 100 days is set at 6.92%, which indicates a major fall in contrast to 8.70% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.65% that was higher than 20.80% volatility it exhibited in the past 100-days period.