Cno Financial Group Stock Today

CNO Stock  USD 39.91  0.53  1.35%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
CNO Financial is selling at 39.91 as of the 24th of November 2024; that is 1.35 percent increase since the beginning of the trading day. The stock's open price was 39.38. CNO Financial has a very small chance of experiencing financial distress in the next few years and had a good performance during 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 25th of October 2024 and ending today, the 24th of November 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 103.21 M outstanding shares of which 1.94 M shares are currently shorted by investors with about 3.38 days to cover. More on CNO Financial Group

Moving together with CNO Stock

  0.85FG FG Annuities LifePairCorr
  0.73GL Globe LifePairCorr

Moving against CNO Stock

  0.7ABL Abacus LifePairCorr
  0.51MET-PE MetLife Preferred StockPairCorr
  0.51FLFG Federal Life GroupPairCorr
  0.42MET-PF MetLife Preferred StockPairCorr

CNO Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOGary Bhojwani
Thematic IdeaInsurance (View all Themes)
Business ConcentrationLife & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, SP Midcap 400, Insurance, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.10.1327
Way Down
Pretty Stable
Gross Profit Margin0.60.67
Moderately Down
Slightly volatile
Total Current Liabilities12.3 M13 M
Notably Down
Slightly volatile
Non Current Liabilities Total34.7 B33 B
Sufficiently Up
Slightly volatile
Total Assets28.2 B31.3 B
Moderately Down
Slightly volatile
Total Current Assets1.3 B1.3 B
Notably Down
Slightly volatile
Total Cash From Operating Activities633.9 M582.9 M
Significantly Up
Slightly volatile
Debt Levels
CNO Financial can leverage 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.
Liquidity
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.

Total Cashflows From Investing Activities

(1.52 Billion)
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 4.12 B. CNO Financial Group runs under Insurance sector within Financials industry. The entity has 103.21 M outstanding shares of which 1.94 M shares are currently shorted by investors with about 3.38 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 Allocation
CNO Financial holds a total of 103.21 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CNO Ownership Details

CNO Stock Institutional Holders

InstituionRecorded OnShares
American Century Companies Inc2024-09-30
2.4 M
Northern Trust Corp2024-09-30
1.9 M
Aqr Capital Management Llc2024-06-30
1.9 M
Goldman Sachs Group Inc2024-06-30
1.5 M
Bank Of New York Mellon Corp2024-06-30
1.4 M
Assenagon Asset Management Sa2024-09-30
1.2 M
Charles Schwab Investment Management Inc2024-09-30
1.2 M
Hotchkis & Wiley Capital Management Llc2024-09-30
M
Norges Bank2024-06-30
M
Blackrock Inc2024-06-30
14.7 M
Vanguard Group Inc2024-09-30
13.6 M
View CNO Financial Diagnostics

CNO Financial Historical Income Statement

At this time, CNO Financial's Total Other Income Expense Net is very stable compared to the past year. As of the 24th of November 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 Fundamentals

CNO Stock Against Markets

CNO Financial Corporate Directors

Mary HendersonIndependent DirectorProfile
Ellyn BrownIndependent DirectorProfile
David FossIndependent DirectorProfile
Frederick SievertIndependent DirectorProfile
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.