CNO Financial Group Hits New 52-Week High at $18.52 (CNO)
CNO Financial Group (NYSE:CNO) hit a new 52-week high during mid-day trading on Friday , Analyst Ratings Network.com reports. The company traded as high as $18.52 and last traded at $18.25, with a volume of 1,153,097 shares changing hands. The stock had previously closed at $18.24.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of CNO Financial Group in a research note on Thursday. They now have a $21.00 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of CNO Financial Group from $18.00 to $19.00 in a research note on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at FBR Capital Markets reiterated an “outperform” rating on shares of CNO Financial Group in a research note on Thursday, January 9th. They now have a $20.00 price target on the stock. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $19.00.
The stock’s 50-day moving average is $17.50 and its 200-day moving average is $15.81. The company has a market cap of $4.063 billion and a P/E ratio of 9.11.
CNO Financial Group (NYSE:CNO) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.04. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.08 billion. Analysts expect that CNO Financial Group will post $1.27 EPS for the current fiscal year.
CNO Financial Group, Inc (NYSE:CNO) is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.