The stock of CNO Financial Group Inc (NYSE:CNO) is a huge mover today! About 1.92M shares traded hands. CNO Financial Group Inc (NYSE:CNO) has declined 6.38% since April 8, 2016 and is downtrending. It has underperformed by 12.03% the S&P500.
The move comes after 9 months positive chart setup for the $2.93B company. It was reported on Nov, 10 by Barchart.com. We have $26.20 PT which if reached, will make NYSE:CNO worth $1.61 billion more.
CNO Financial Group Inc (NYSE:CNO) Ratings Coverage
Out of 7 analysts covering CNO Financial Group (NYSE:CNO), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. CNO Financial Group has been the topic of 12 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by Wood on Tuesday, August 2 with “Market Perform”. Raymond James initiated the stock with “Outperform” rating in Tuesday, December 22 report. The firm has “Outperform” rating by Bruyette & Woods” given on Wednesday, July 29. As per Friday, September 30, the company rating was downgraded by Goldman Sachs. On Tuesday, August 25 the stock rating was maintained by BTIG Research with “Buy”. The stock of CNO Financial Group Inc (NYSE:CNO) has “Outperform” rating given on Wednesday, July 29 by Wood. The stock of CNO Financial Group Inc (NYSE:CNO) earned “Outperform” rating by Wells Fargo on Friday, September 23. The firm has “Hold” rating by Deutsche Bank given on Monday, May 2. The company was initiated on Monday, January 25 by Deutsche Bank. The firm earned “Market Perform” rating on Wednesday, November 4 by Keefe Bruyette & Woods.
According to Zacks Investment Research, “CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer supplemental health insurance, annuity, individual life insurance and other insurance products. The Company serves America’s middle-income consumers, with a focus on seniors. It manages its business through the following three primary operating segments: Bankers Life, Colonial Penn and Conseco Insurance Group. Bankers Life markets and distributes health and life insurance products and annuities to the middle-income senior market. Colonial Penn markets primarily graded benefit and simplified issue life insurance directly to customers through television advertising, direct mail, the internet and telemarketing. Conseco Insurance Group markets and distributes specified disease insurance, accident, disability, life insurance and annuities to middle-income consumers at home and at the worksite. CNO Financial Group, Inc. is headquartered in Carmel, Indiana.”
More important recent CNO Financial Group Inc (NYSE:CNO) news were published by: Prnewswire.com which released: “Record Setting Day At CNO Financial Indianapolis Monumental Marathon” on November 05, 2016, also Prnewswire.com published article titled: “CNO Financial Group Reports Third Quarter 2016 Results”, Prnewswire.com published: “CNO Financial Group To Present $17000 Check To Pacers Foundation, Boosting …” on October 26, 2016. More interesting news about CNO Financial Group Inc (NYSE:CNO) was released by: Prnewswire.com and their article: “CNO Financial Group Announces Third Quarter 2016 Earnings Release Date” with publication date: October 18, 2016.
CNO Company Profile
CNO Financial Group, Inc., incorporated on March 25, 2003, is a holding firm for a group of insurance companies operating across the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. The Firm manages its business through three operating divisions: Bankers Life, Washington National and Colonial Penn. The Firm focuses on serving middle-income pre-retiree and retired Americans. The Firm sells its products through three distribution channels, which include career agents, independent producers and direct marketing. The Company’s product categories include health, annuities and life. Under health category of products, the Company offers Medicare supplement, long-term care, prescription drug plan and Medicare advantage plan, supplemental health, hospital indemnity and disability income products. Under annuities category of products, the Company offers fixed index annuity, traditional fixed rate annuity and single premium immediate annuity products. Under life category of life products, the Company offers traditional and interest-sensitive life insurance products.
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