CNO Financial Group Inc (NYSE:CNO) Director Stephen N. David bought 2,000 shares of the company’s stock in a transaction that occurred on Monday, November 5th. The stock was purchased at an average price of $18.50 per share, for a total transaction of $37,000.00. Following the acquisition, the director now owns 19,706 shares of the company’s stock, valued at $364,561. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of NYSE CNO opened at $19.00 on Friday. CNO Financial Group Inc has a 1-year low of $18.15 and a 1-year high of $26.47. The stock has a market cap of $3.13 billion, a PE ratio of 9.41 and a beta of 1.14. The company has a current ratio of 0.26, a quick ratio of 0.14 and a debt-to-equity ratio of 0.71.
CNO Financial Group (NYSE:CNO) last announced its quarterly earnings data on Wednesday, October 31st. The financial services provider reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.02. CNO Financial Group had a negative net margin of 8.95% and a positive return on equity of 7.89%. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $999.03 million. During the same quarter in the prior year, the business earned $0.59 earnings per share. The business’s quarterly revenue was up 37.2% compared to the same quarter last year. Equities analysts anticipate that CNO Financial Group Inc will post 1.97 EPS for the current year.
Several equities analysts recently issued reports on CNO shares. TheStreet lowered shares of CNO Financial Group from a “b” rating to a “c” rating in a report on Thursday, November 1st. ValuEngine lowered shares of CNO Financial Group from a “sell” rating to a “strong sell” rating in a report on Friday, November 2nd. Zacks Investment Research upgraded shares of CNO Financial Group from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Wednesday, October 3rd. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $24.00 target price on shares of CNO Financial Group in a report on Friday, August 17th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. CNO Financial Group has a consensus rating of “Hold” and an average target price of $23.75.
COPYRIGHT VIOLATION WARNING: This report was originally published by Community Financial News and is the property of of Community Financial News. If you are accessing this report on another website, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The original version of this report can be accessed at https://www.com-unik.info/2018/11/10/cno-financial-group-inc-cno-director-purchases-37000-00-in-stock.html.
CNO Financial Group Company Profile
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. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments.
Featured Story: How is inflation measured?
Receive News & Ratings for CNO Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNO Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.