CNO Financial Group (CNO) Receives Daily News Sentiment Score of 0.37
Media headlines about CNO Financial Group (NYSE:CNO) have trended positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CNO Financial Group earned a news impact score of 0.37 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 44.8878379445159 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
CNO Financial Group (NYSE CNO) traded down $0.29 on Friday, reaching $26.09. The company’s stock had a trading volume of 715,278 shares, compared to its average volume of 811,319. The firm has a market capitalization of $4,380.00, a P/E ratio of 9.42, a price-to-earnings-growth ratio of 1.47 and a beta of 1.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.16 and a quick ratio of 0.16. CNO Financial Group has a 12-month low of $18.53 and a 12-month high of $26.47.
CNO Financial Group (NYSE:CNO) last released its earnings results on Wednesday, October 25th. The financial services provider reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.06. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1 billion. CNO Financial Group had a return on equity of 5.88% and a net margin of 11.41%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.37 earnings per share. research analysts predict that CNO Financial Group will post 1.65 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 11th were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, December 8th. This represents a $0.36 dividend on an annualized basis and a yield of 1.38%. CNO Financial Group’s dividend payout ratio (DPR) is 13.00%.
Several equities analysts have recently issued reports on CNO shares. Wells Fargo & Co set a $22.00 price objective on CNO Financial Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. B. Riley reiterated a “buy” rating on shares of CNO Financial Group in a research report on Monday, November 6th. Zacks Investment Research downgraded CNO Financial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, December 26th. Goldman Sachs Group started coverage on CNO Financial Group in a research report on Wednesday, October 18th. They set a “neutral” rating and a $24.00 price objective for the company. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $24.00 price objective on shares of CNO Financial Group in a research report on Thursday, December 21st. One analyst has rated the stock with a sell rating, six have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $22.75.
CNO Financial Group Company Profile
CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.
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