CNO Financial Group Inc (NYSE: CNO) on Monday, soared 3.01% from the previous trading day, before settling in for the closing price of $38.82. Within the past 52 weeks, CNO’s price has moved between $24.14 and $39.81.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -0.31%. The company achieved an average annual earnings per share of 18.12%. With a float of $100.33 million, this company’s outstanding shares have now reached $109.36 million.
The extent of productivity of a business whose workforce counts for 3500 workers is very important to gauge. In terms of profitability, gross margin is 76.3%, operating margin of 1.02%, and the pretax margin is 7.82%.
CNO Financial Group Inc (CNO) Insider and Institutional Ownership
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of CNO Financial Group Inc is 2.79%, while institutional ownership is 96.26%. 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
According to the Wall Street analysts, stocks earnings will be around 18.12% 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 0.92. Likewise, its price to free cash flow for the trailing twelve months is 6.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.48, a number that is poised to hit 1.05 in the next quarter and is forecasted to reach 3.72 in one year’s time.
Technical Analysis of CNO Financial Group Inc (CNO)
The latest stats from [CNO Financial Group Inc, CNO] show that its last 5-days average volume of 0.81 million was superior to 0.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.80%. Additionally, its Average True Range was 1.03.
During the past 100 days, CNO Financial Group Inc’s (CNO) raw stochastic average was set at 98.30%, which indicates a significant increase from 96.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.02% in the past 14 days, which was higher than the 32.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.99, while its 200-day Moving Average is $30.01. Now, the first resistance to watch is $40.35. This is followed by the second major resistance level at $40.72. The third major resistance level sits at $41.22. If the price goes on to break the first support level at $39.48, it is likely to go to the next support level at $38.98. The third support level lies at $38.61 if the price breaches the second support level.
CNO Financial Group Inc (NYSE: CNO) Key Stats
Market capitalization of the company is 4.16 billion based on 105,765K outstanding shares. Right now, sales total 4,147 M and income totals 276,500 K. The company made 1,130 M in profit during its latest quarter, and 9,300 K in sales during its previous quarter.
