Steven Shebik - CNO Financial Independent Director

CNO Stock  USD 39.38  0.55  1.42%   

Director

Steven Shebik is Independent Director of CNO Financial Group since 2020.
Age 64
Tenure 4 years
Address 11825 North Pennsylvania Street, Carmel, IN, United States, 46032
Phone317 817 6100
Webhttps://www.cnoinc.com

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 22nd 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 22nd of November 2024, Other Current Assets is likely to grow to about 1.4 B, while Total Assets are likely to drop about 28.2 B.
CNO Financial Group has 4.24 B in debt with debt to equity (D/E) ratio of 1.77, which is OK given its current industry classification. CNO Financial Group has a current ratio of 2.5, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for CNO to invest in growth at high rates of return.

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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. was founded in 1979 and is headquartered in Carmel, Indiana. Cno Financial operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. It employs 3400 people. 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.

Management Performance

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.

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

  0.84FG FG Annuities LifePairCorr
  0.73GL Globe LifePairCorr

Moving against CNO Stock

  0.69ABL Abacus LifePairCorr
  0.5FLFG Federal Life GroupPairCorr
  0.47KCLI Kansas City LifePairCorr
  0.37CNO-PA CNO Financial GroupPairCorr
  0.36MET-PE MetLife Preferred StockPairCorr
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.
Pair CorrelationCorrelation Matching
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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
2.49
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.