CNO Financial Group Inc (NYSE: CNO) on Tuesday, soared 3.01% from the previous trading day, before settling in for the closing price of $36.51. Within the past 52 weeks, CNO’s price has moved between $24.92 and $40.91.
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A company in the Financial sector has jumped its sales by 1.33% annually for the last half of the decade. The company achieved an average annual earnings per share of 19.44%. 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 Updates
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of CNO Financial Group Inc is 2.83%, while institutional ownership is 95.85%. 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) Performance Highlights and Predictions
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 19.44% 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 0.86. Likewise, its price to free cash flow for the trailing twelve months is 6.33.
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 3.75 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 0.53 million. That was better than the volume of 0.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.26%. 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 65.32%, which indicates a significant decrease from 85.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.70% in the past 14 days, which was lower than the 28.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.07, while its 200-day Moving Average is $32.39. However, in the short run, CNO Financial Group Inc’s stock first resistance to watch stands at $37.94. Second resistance stands at $38.28. The third major resistance level sits at $38.91. If the price goes on to break the first support level at $36.98, it is likely to go to the next support level at $36.35. Assuming the price breaks the second support level, the third support level stands at $36.01.
CNO Financial Group Inc (NYSE: CNO) Key Stats
Market capitalization of the company is 3.88 billion based on 103,209K 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.
