CNO Financial Group Inc (NYSE:CNO) shares, rose in value on Friday, February 14, with price down by -0.19% to the previous day’s close as strong demand from buyers drove the stock to $41.42.
Actively observing the price movement in the last trading, the stock closed the session at $41.50, falling within a range of $41.38 and $42.02. The value of beta (5-year monthly) was 1.056 whereas the PE ratio was 11.06 over 12-month period. Referring to stock’s 52-week performance, its high was $41.60, and the low was $24.92. On the whole, CNO has fluctuated by 8.20% over the past month.
With the market capitalization of CNO Financial Group Inc currently standing at about $4.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.63, with its dividend yield at 1.52%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.91B, with a low estimate of 955M and a high estimate of 955M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 955M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CNO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.59, with the price of CNO currently trading nearly 3.60% and 7.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.81, while the 7-day volatility ratio is showing 1.67% which for the 30-day chart, stands at 1.80%. Furthermore, CNO Financial Group Inc (CNO)’s beta value is 1.05, and its average true range (ATR) is 0.81.
A comparison of CNO Financial Group Inc (CNO) with its peers suggests the former has fared considerably weaker in the market. CNO showed an intraday change of -0.19% in last session, and over the past year, it grew by 55.54%%.
Data on historical trading for CNO Financial Group Inc (NYSE:CNO) indicates that the trading volumes over the past 10 days have averaged 0.64 and over the past 3 months, they’ve averaged 581.20K. According to company’s latest data on outstanding shares, there are 101.62 million shares outstanding.
Nearly 2.89% of CNO Financial Group Inc’s shares belong to company insiders and institutional investors own 92.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.24 million shares as on 2025-01-31, resulting in a short ratio of 4.93. According to the data, the short interest in CNO Financial Group Inc (CNO) stood at 322.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 2.03 million. The stock has risen by 11.31% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CNO stock heading into the next quarter.
