CNO Financial Group Inc (NYSE: CNO) on Tuesday, soared 1.59% from the previous trading day, before settling in for the closing price of $25.21. Within the past 52 weeks, CNO’s price has moved between $19.95 and $28.39.
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Annual sales at Financial sector company slipped by -0.31% over the past five years. The company achieved an average annual earnings per share of 1.98%. With a float of $105.53 million, this company’s outstanding shares have now reached $109.36 million.
Let’s look at the performance matrix of the company that is accounted for 3500 employees.
CNO Financial Group Inc (CNO) Insider Updates
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of CNO Financial Group Inc is 2.87%, while institutional ownership is 96.75%. The most recent insider transaction that took place on Apr 09 ’24, was worth 75,284. In this transaction President, Worksite Division of this company sold 2,778 shares at a rate of $27.10, taking the stock ownership to the 69,605 shares. Before that another transaction happened on Apr 02 ’24, when Company’s President, Worksite Division sold 2,666 for $27.12, making the entire transaction worth $72,302. This insider now owns 72,383 shares in total.
CNO Financial Group Inc (CNO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 72.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.98% per share during the next fiscal year.
CNO Financial Group Inc (NYSE: CNO) Trading Performance Indicators
CNO Financial Group Inc (CNO) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 4.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.41, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 3.45 in one year’s time.
Technical Analysis of CNO Financial Group Inc (CNO)
CNO Financial Group Inc (NYSE: CNO) saw its 5-day average volume 0.97 million, a positive change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 20.05%. Additionally, its Average True Range was 0.55.
During the past 100 days, CNO Financial Group Inc’s (CNO) raw stochastic average was set at 19.88%, which indicates a significant decrease from 25.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.75% in the past 14 days, which was higher than the 20.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.73, while its 200-day Moving Average is $25.45. Nevertheless, the first resistance level for the watch stands at $25.78 in the near term. At $25.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $26.24. If the price goes on to break the first support level at $25.32, it is likely to go to the next support level at $25.03. Assuming the price breaks the second support level, the third support level stands at $24.86.
CNO Financial Group Inc (NYSE: CNO) Key Stats
Market capitalization of the company is 2.78 billion based on 108,992K outstanding shares. Right now, sales total 4,147 M and income totals 276,500 K. The company made 1,171 M in profit during its latest quarter, and 36,300 K in sales during its previous quarter.
