A new trading day began on Tuesday, with CNO Financial Group Inc (NYSE: CNO) stock price up 0.43% from the previous day of trading, before settling in for the closing price of $36.97. CNO’s price has ranged from $24.92 to $40.91 over the past 52 weeks.
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A company in the Financial sector has dropped its sales by -0.31% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 19.50%. With a float of $100.29 million, this company’s outstanding shares have now reached $103.92 million.
In an organization with 3500 employees, it is important to assess its efficiency. 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 2.83%, while institutional ownership is 95.81%. The most recent insider transaction that took place on Dec 18 ’24, was worth 168,794. In this transaction Chief Marketing Officer of this company sold 4,500 shares at a rate of $37.51, taking the stock ownership to the 72,896 shares. Before that another transaction happened on Dec 17 ’24, when Company’s Chief Marketing Officer sold 2,500 for $37.73, making the entire transaction worth $94,325. This insider now owns 77,396 shares in total.
CNO Financial Group Inc (CNO) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 19.50% 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 0.84. Likewise, its price to free cash flow for the trailing twelve months is 6.25.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.83 million. That was better than the volume of 0.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.14%. Additionally, its Average True Range was 0.84.
During the past 100 days, CNO Financial Group Inc’s (CNO) raw stochastic average was set at 63.76%, which indicates a significant increase from 39.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.97% in the past 14 days, which was lower than the 28.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.64, while its 200-day Moving Average is $31.77. However, in the short run, CNO Financial Group Inc’s stock first resistance to watch stands at $37.24. Second resistance stands at $37.36. The third major resistance level sits at $37.55. If the price goes on to break the first support level at $36.93, it is likely to go to the next support level at $36.74. The third support level lies at $36.62 if the price breaches the second support level.
CNO Financial Group Inc (NYSE: CNO) Key Stats
With a market capitalization of 3.83 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.
