Gary Bhojwani - CNO Financial President, Chief Executive Officer, Director
| CNO Stock | USD 39.91 0.53 1.35% |
CEO
Mr. Gary C. Bhojwani is President, Chief Executive Officer, Director of the Company. He was chief executive officer of CNO since January 1, 2018 and a director since May 2017. He served as president of CNO from April 2016 through December 2017. Mr. Bhojwani served as a Member of the Board of Management at Allianz SE, and as Chairman of Allianz of America, Allianz Life Insurance Company, and Fireman Fund Insurance Company from 2012 to January 1, 2015. From 2007 to 2012, he served as Chief Executive Officer of Allianz Life Insurance Company of North America. From April 2015 until joining CNO, Mr. Bhojwani served as Chief Executive Officer of GCB, LLC, an insurance and financial services consulting company that he founded. He was a director of Hormel Foods Corporation since 2014. With respect to Mr. Bhojwani nomination for reelection, the Board and the Governance and Nominating Committee considered his experience as chief executive officer of the Company and his extensive insurance, sales and executive management experience. since 2018.
| Age | 56 |
| Tenure | 6 years |
| Professional Marks | MBA |
| Address | 11825 North Pennsylvania Street, Carmel, IN, United States, 46032 |
| Phone | 317 817 6100 |
| Web | https://www.cnoinc.com |
Gary Bhojwani Latest Insider Activity
Tracking and analyzing the buying and selling activities of Gary Bhojwani against CNO Financial stock is an integral part of due diligence when investing in CNO Financial. Gary Bhojwani insider activity provides valuable insight into whether CNO Financial is net buyers or sellers over its current business cycle. Note, CNO Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell CNO Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Gary Bhojwani over six months ago Acquisition by Gary Bhojwani of 1911 shares of CNO Financial subject to Rule 16b-3 | ||
Gary Bhojwani over six months ago Disposition of 46331 shares by Gary Bhojwani of CNO Financial at 26.86 subject to Rule 16b-3 |
CNO Financial Management Efficiency
The company has Return on Asset of 0.0107 % which means that on every $100 spent on assets, it made $0.0107 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1198 %, implying that it generated $0.1198 on every 100 dollars invested. CNO Financial's management efficiency ratios could be used to measure how well CNO Financial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CNO Financial's Return On Tangible Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.02. At this time, CNO Financial's Non Currrent Assets Other are very stable compared to the past year. As of the 24th of November 2024, Non Current Assets Total is likely to grow to about 31.4 B, while Total Assets are likely to drop about 28.2 B.Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0107 |
CNO Financial Group Leadership Team
Elected by the shareholders, the CNO Financial's board of directors comprises two types of representatives: CNO Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CNO. The board's role is to monitor CNO Financial's management team and ensure that shareholders' interests are well served. CNO Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CNO Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Daniel Maurer, Independent Chairman of the Board | ||
| Mary Henderson, Independent Director | ||
| Mike Mead, Senior Vice President CIO | ||
| Gary Bhojwani, President, Chief Executive Officer, Director | ||
| Karen Detoro, Chief Risk Officer, Chief Actuary | ||
| Michael Heard, President of the Worksite Division | ||
| Chetlur Ragavan, Independent Director | ||
| Carrie Jost, Vice President - Communications | ||
| Nancy Sweet, Chief President | ||
| Jeffrey CPA, VP Treasurer | ||
| Eric Johnson, Chief Investment Officer, President and Chief Executive Officer of 40|86 Advisors | ||
| Yvonne Franzese, Chief Human Resource Officer, Executive Vice President | ||
| Rocco Tarasi, Vice President - Finance and Operations | ||
| Ellyn Brown, Independent Director | ||
| Michael Byers, Co-President - Worksite Division | ||
| Michael Mead, Chief Officer | ||
| Jeanne Linnenbringer, Chief Officer | ||
| Michellen Wildin, Senior Officer | ||
| Ben Tesnar, VP Officer | ||
| Doug Williams, Vice President of Finance and Administration | ||
| David Foss, Independent Director | ||
| Matthew Zimpfer, Executive Vice President General Counsel | ||
| Rocco III, Chief Officer | ||
| Matthew JD, Executive Counsel | ||
| Scott Goldberg, President of Consumer Division | ||
| Frederick Sievert, Independent Director | ||
| Joel Schwartz, President - Colonial Penn Segment | ||
| Charles Jacklin, Independent Director | ||
| Scott CPA, President Division | ||
| Paul McDonough, Chief Financial Officer | ||
| Robert Greving, Independent Director | ||
| Adam Auvil, Vice Development | ||
| John Kline, Senior Vice President Chief Accounting Officer | ||
| Stephen David, Independent Director | ||
| Bruce Baude, Chief Operations and Technology Officer, Executive Vice President | ||
| Steven Shebik, Independent Director | ||
| Zandra Haai, Vice President of Fixed Income Research | ||
| John CPA, VP Officer |
CNO Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CNO Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0107 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 7.26 B | ||||
| Shares Outstanding | 103.21 M | ||||
| Shares Owned By Insiders | 2.02 % | ||||
| Shares Owned By Institutions | 96.69 % | ||||
| Number Of Shares Shorted | 1.94 M | ||||
| Price To Earning | 6.89 X |
Pair Trading with CNO Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNO Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNO Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with CNO Stock
Moving against CNO Stock
| 0.7 | ABL | Abacus Life | PairCorr |
| 0.51 | MET-PE | MetLife Preferred Stock | PairCorr |
| 0.51 | FLFG | Federal Life Group | PairCorr |
| 0.42 | MET-PF | MetLife Preferred Stock | PairCorr |
The ability to find closely correlated positions to CNO Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNO Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNO Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNO Financial Group to buy it.
The correlation of CNO Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNO Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNO Financial Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNO Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Life & Health Insurance space 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 (0.94) | Dividend Share 0.62 | Earnings Share 2.5 | Revenue Per Share 41.744 | Quarterly Revenue Growth 0.192 |
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.