Can CNO Financial Group Inc. (NYSE:CNO) Offer Investors Safety?

CNO Financial Group Inc. (NYSE:CNO) has a beta of 1.45, a 12-month trailing P/E ratio of 7.82, and a growth ratio of 0.78. The stock’s Relative Strength Index (RSI) is 47.08, with weekly volatility at 1.93% and ATR at 0.63. The CNO stock’s 52-week price range has touched low of $13.62 and a $27.89 high. Its shares traded lower over the last trading session, losing -0.64% on 06/03/21. The shares fell to a low of $26.03 before closing at $26.23. Intraday shares traded counted 0.78 million, which was 20.7% higher than its 30-day average trading volume of 981.02K. CNO’s previous close was $26.40 while the outstanding shares total 134.14M.

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Investors have identified the Insurance – Life company CNO Financial Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.46 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record 2.23 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CNO sounds very interesting.

Is the stock of CNO attractive?

In related news, Chief Executive Officer, Bhojwani Gary C sold 35,433 shares of the company’s stock in a transaction that recorded on May 12. The sale was performed at an average price of 26.89, for a total value of 952,691. As the sale deal closes, the Chief Executive Officer, Bhojwani Gary C now sold 55,167 shares of the company’s stock, valued at 1,490,607. Also, Director, Jacklin Charles J. sold 7,474 shares of the company’s stock in a deal that was recorded on Mar 17. The shares were price at an average price of 25.91 per share, with a total market value of 193,627. Following this completion of acquisition, the Director, Jacklin Charles J. now holds 2,700 shares of the company’s stock, valued at 69,687. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.40%.

1 out of 7 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on CNO Financial Group Inc.. 0 analysts has assigned a Sell rating on the CNO stock. The 12-month mean consensus price target for the company’s shares has been set at $27.00.