Impact of Brokerage Rating on CNO Financial Group, Inc.(CNO)

Many CNO Financial Group, Inc.(CNO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. CNO Financial Group Inc was Initiated by Citigroup to Neutral on Jan 26, 2017. Company shares were Reiterated by FBR & Co. on Dec 13, 2016 to Outperform, Raises Price Target to $ 22 from a previous price target of $21 .

Company has reported several Insider transactions to the SEC, on Nov 25, 2016, Christopher J Nickele (EVP and Chief Actuary) sold 30,000 shares at 17.91 per share price.On Nov 16, 2016, Susan L Menzel (EVP, HR) sold 79,500 shares at 17.50 per share price.On May 27, 2016, John R Kline (SVP & Chief Acctg Officer) sold 25,000 shares at 20.15 per share price.

CNO Financial Group Inc Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.35 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.39. The company had revenue of $1004.90 million for the quarter, compared to analysts expectations of $976.10 million. The companys revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 EPS.

CNO Financial Group, Inc. (NYSE:CNO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.67 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.

CNO Financial Group, Inc. (NYSE:CNO): 4 analysts have set the short term price target of CNO Financial Group, Inc. (NYSE:CNO) at $20.75. The standard deviation of short term price target has been estimated at $2.63, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 23 and $17 respectively.

CNO Financial Group, Inc. (NYSE:CNO) rose 1.3% or 0.27 points on Tuesday and made its way into the gainers of the day. After trading began at $20.78 the stock was seen hitting $21.18 as a peak level and $20.78 as the lowest level. The stock ended up at $21.02. The daily volume was measured at 1,460,668 shares. The 52-week high of the share price is $21.18 and the 52-week low is $14.3. The company has a market cap of $3,652 million.

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 Americas 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.


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