A new trading day began on Tuesday, with CNO Financial Group Inc (NYSE: CNO) stock price up 0.03% from the previous day of trading, before settling in for the closing price of $38.95. CNO’s price has ranged from $24.92 to $40.29 over the past 52 weeks.
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Annual sales at Financial sector company slipped by -0.31% over the past five years. Meanwhile, its annual earnings per share averaged 19.51%. With a float of $100.34 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 76.3%, operating margin of 10.33%, and the pretax margin is 7.82%.
CNO Financial Group Inc (CNO) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Life Industry. The insider ownership of CNO Financial Group Inc is 2.78%, while institutional ownership is 93.96%. The most recent insider transaction that took place on Nov 18 ’24, was worth 155,492. In this transaction Chief Investment Officer of this company sold 3,978 shares at a rate of $39.09, taking the stock ownership to the 631,844 shares. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 3,978 for $39.09, making the entire transaction worth $155,500.
CNO Financial Group Inc (CNO) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.18 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.51% per share during the next fiscal year.
CNO Financial Group Inc (NYSE: CNO) Trading Performance Indicators
Here are CNO Financial Group Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.89. Likewise, its price to free cash flow for the trailing twelve months is 6.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.48, a number that is poised to hit 1.06 in the next quarter and is forecasted to reach 3.74 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 0.61 million, a negative change from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 50.23%. Additionally, its Average True Range was 0.89.
During the past 100 days, CNO Financial Group Inc’s (CNO) raw stochastic average was set at 89.60%, which indicates a significant increase from 77.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.93% in the past 14 days, which was higher than the 32.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.66, while its 200-day Moving Average is $30.37. Nevertheless, the first resistance level for the watch stands at $39.25 in the near term. At $39.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $40.00. If the price goes on to break the first support level at $38.50, it is likely to go to the next support level at $38.05. The third support level lies at $37.75 if the price breaches the second support level.
CNO Financial Group Inc (NYSE: CNO) Key Stats
With a market capitalization of 4.02 billion, the company has a total of 103,209K Shares Outstanding. Currently, annual sales are 4,147 M while annual income is 276,500 K. The company’s previous quarter sales were 1,130 M while its latest quarter income was 9,300 K.
