CNO Financial Group Stock Rating Reaffirmed by Zacks (CNO)
CNO Financial Group (NYSE:CNO)‘s stock had its “outperform” rating reiterated by Zacks in a research note issued on Tuesday. They currently have a $21.00 price objective on the stock. Zacks‘s price target suggests a potential upside of 25.67% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital Markets reiterated an “outperform” rating on shares of CNO Financial Group in a research note on Friday, July 18th. They now have a $21.00 price target on the stock, up previously from $20.00. Analysts at Goldman Sachs downgraded shares of CNO Financial Group from a “buy” rating to a “neutral” rating in a research note on Thursday, May 1st. They now have a $19.50 price target on the stock. They noted that the move was a valuation call.
Shares of CNO Financial Group (NYSE:CNO) traded down 2.74% during mid-day trading on Tuesday, hitting $16.71. The stock had a trading volume of 3,147,790 shares. CNO Financial Group has a 52-week low of $13.57 and a 52-week high of $19.34. The stock’s 50-day moving average is $17.34 and its 200-day moving average is $17.47. The company has a market cap of $3.640 billion and a price-to-earnings ratio of 16.27.
CNO Financial Group (NYSE:CNO) last released its earnings data on Monday, July 28th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.02. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $991.89 million. Analysts expect that CNO Financial Group will post $1.25 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.
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