Cno Financial Group Stock Today
| CNO Stock | USD 25.12 0.49 1.91% |
Performance0 of 100
| Odds Of DistressLess than 3
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CNO Financial is selling at 25.12 as of the 17th of April 2024; that is -1.91% down since the beginning of the trading day. The stock's open price was 25.61. CNO Financial has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CNO Financial Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2022 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 1st of January 1987 | Category Financial Services | Classification Financials |
CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. CNO Financial Group, Inc. The company has 108.64 M outstanding shares of which 2.26 M shares are currently shorted by investors with about 2.76 days to cover. More on CNO Financial Group
Moving together with CNO Stock
| 0.67 | GL | Globe Life Buyout Trend | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 6th of May 2024
CNO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CNO Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CNO Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Gary Bhojwani | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Life & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, SP Midcap 400, Insurance, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering CNO Financial report their recommendations after researching CNO Financial's financial statements, talking to executives and customers, or listening in on CNO Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering CNO Financial Group. The CNO consensus assessment is calculated by taking the average forecast from all of the analysts covering CNO Financial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of CNO Financial's profitability, liquidity, and operating efficiency, CNO Financial Group is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of CNO Financial Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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CNO Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CNO Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. CNO Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of CNO Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CNO Financial's financial leverage. It provides some insight into what part of CNO Financial's total assets is financed by creditors.
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CNO Financial Group (CNO) is traded on New York Stock Exchange in USA. It is located in 11825 North Pennsylvania Street, Carmel, IN, United States, 46032 and employs 3,500 people. CNO Financial is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CNO Financial's market, we take the total number of its shares issued and multiply it by CNO Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CNO Financial Group runs under Insurance sector within Financials industry. The entity has 108.64 M outstanding shares of which 2.26 M shares are currently shorted by investors with about 2.76 days to cover.
CNO Financial Group has about 644.9 M in cash with 582.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.7.
Check CNO Financial Probability Of Bankruptcy
Ownership AllocationCNO Financial Group retains a total of 108.64 Million outstanding shares. The majority of CNO Financial Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CNO Financial Group to benefit from reduced commissions. Thus, institutional investors are subject to a different set of regulations than regular investors in CNO Financial. Please pay attention to any change in the institutional holdings of CNO Financial Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check CNO Ownership Details
CNO Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of CNO Financial jumping above the current price in 90 days from now is close to 99%. The CNO Financial Group probability density function shows the probability of CNO Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon CNO Financial has a beta of 0.9719 suggesting CNO Financial Group market returns are highly reactive to returns on the market. As the market goes up or down, CNO Financial is expected to follow. Additionally, cNO Financial Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of CNO Financial to move above the current price in 90 days from now is close to 99 (This CNO Financial Group probability density function shows the probability of CNO Stock to fall within a particular range of prices over 90 days) .
CNO Stock Institutional Holders
Institutional Holdings refers to the ownership stake in CNO Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CNO Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CNO Financial's value.| Instituion | Recorded On | Shares | |
| Principal Financial Group Inc | 2023-12-31 | 2.2 M | |
| Northern Trust Corp | 2023-12-31 | 2.2 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.1 M | |
| Aqr Capital Management Llc | 2023-12-31 | 2 M | |
| Massachusetts Financial Services Company | 2023-12-31 | 1.7 M | |
| Allianz Asset Management Ag | 2023-12-31 | 1.7 M | |
| American Century Companies Inc | 2023-12-31 | 1.5 M | |
| Bank Of New York Mellon Corp | 2023-12-31 | 1.4 M | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 1.3 M | |
| Blackrock Inc | 2023-12-31 | 15.7 M | |
| Vanguard Group Inc | 2023-12-31 | 14.1 M |
CNO Financial Historical Income Statement
CNO Financial Group Income Statement is one of the three primary financial statements used for reporting CNO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CNO Financial Group revenue and expense. CNO Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, CNO Financial's Total Other Income Expense Net is very stable compared to the past year. As of the 17th of April 2024, Net Income is likely to grow to about 290.3 M, while Total Revenue is likely to drop about 3.5 B. View More FundamentalsCNO Stock Against Markets
Picking the right benchmark for CNO Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CNO Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CNO Financial is critical whether you are bullish or bearish towards CNO Financial Group at a given time. Please also check how CNO Financial's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in CNO Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CNO Financial Corporate Directors
CNO Financial corporate directors refer to members of a CNO Financial board of directors. The board of directors generally takes responsibility for the CNO Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CNO Financial's board members must vote for the resolution. The CNO Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Mary Henderson | Independent Director | Profile | |
| Ellyn Brown | Independent Director | Profile | |
| Frederick Sievert | Independent Director | Profile | |
| Charles Jacklin | Independent Director | Profile |
How to buy CNO Stock?
Before investing in CNO Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CNO Financial. To buy CNO Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CNO Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CNO Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CNO Financial Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CNO Financial Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CNO Financial Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy CNO Stock please use our How to Invest in CNO Financial guide.
Already Invested in CNO Financial Group?
The danger of trading CNO Financial Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CNO Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CNO Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CNO Financial Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CNO Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNO Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cno Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cno Financial Group Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for CNO Stock analysis
When running CNO Financial's price analysis, check to measure CNO Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNO Financial is operating at the current time. Most of CNO Financial's value examination focuses on studying past and present price action to predict the probability of CNO Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNO Financial's price. Additionally, you may evaluate how the addition of CNO Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNO Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNO Financial. If investors know CNO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNO Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.59 | Earnings Share 2.4 | Revenue Per Share 36.608 | Quarterly Revenue Growth 0.202 |
The market value of CNO Financial Group is measured differently than its book value, which is the value of CNO that is recorded on the company's balance sheet. Investors also form their own opinion of CNO Financial's value that differs from its market value or its book value, called intrinsic value, which is CNO Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNO Financial's market value can be influenced by many factors that don't directly affect CNO Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNO Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNO Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNO Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.