On Monday, CNO Financial Group Inc (NYSE: CNO) was -2.33% drop from the session before settling in for the closing price of $36.07. A 52-week range for CNO has been $22.27 – $36.65.
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Annual sales at Financial sector company slipped by -0.31% over the past five years. When this article was written, the company’s average yearly earnings per share was at 11.10%. With a float of $102.80 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. In terms of profitability, gross margin is 75.89%, operating margin of 15.68%, and the pretax margin is 12.83%.
CNO Financial Group Inc (CNO) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward CNO Financial Group Inc stocks. The insider ownership of CNO Financial Group Inc is 2.80%, while institutional ownership is 96.54%. The most recent insider transaction that took place on Sep 03 ’24, was worth 187,113. In this transaction Chief Operations Officer of this company sold 5,364 shares at a rate of $34.88, taking the stock ownership to the 44,884 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Chief Operations Officer sold 5,435 for $34.26, making the entire transaction worth $186,192. This insider now owns 37,663 shares in total.
CNO Financial Group Inc (CNO) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.88 earnings per share (EPS) during the time that was better than consensus figure (set at 0.73) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.10% per share during the next fiscal year.
CNO Financial Group Inc (NYSE: CNO) Trading Performance Indicators
You can see what CNO Financial Group Inc (CNO) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.85. Likewise, its price to free cash flow for the trailing twelve months is 6.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.86, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 3.64 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 0.49 million, a negative change from its year-to-date volume of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 74.00%. Additionally, its Average True Range was 0.70.
During the past 100 days, CNO Financial Group Inc’s (CNO) raw stochastic average was set at 86.20%, which indicates a significant increase from 49.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.57% in the past 14 days, which was lower than the 28.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.08, while its 200-day Moving Average is $29.34. Nevertheless, the first resistance level for the watch stands at $35.85 in the near term. At $36.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.81. If the price goes on to break the first support level at $34.89, it is likely to go to the next support level at $34.55. The third support level lies at $33.93 if the price breaches the second support level.
CNO Financial Group Inc (NYSE: CNO) Key Stats
There are 108,260K outstanding shares of the company, which has a market capitalization of 3.73 billion. As of now, sales total 4,147 M while income totals 276,500 K. Its latest quarter income was 1,066 M while its last quarter net income were 116,300 K.
