CNO Financial Group (CNO) Receiving Positive Press Coverage, Study Shows
Media stories about CNO Financial Group (NYSE:CNO) have trended positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CNO Financial Group earned a news impact score of 0.41 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.3564443469441 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- CNO Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : CNO-US : December 15, 2017 (finance.yahoo.com)
- CNO Financial Group Inc (CNO) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- CNO Financial Grows on Solid Cash Position, High Debt Hurts (zacks.com)
- CNO Financial Group, Inc. : CNO-US: Dividend Analysis : December 11th, 2017 (record date) : By the numbers : December 11, 2017 (finance.yahoo.com)
- This Morning’s Technical Outlook on Insurance Stocks — CNO Financial, Unum, Aflac, and Assurant (bizjournals.com)
Shares of CNO Financial Group (NYSE CNO) traded up $0.55 during trading on Friday, reaching $24.81. The company had a trading volume of 4,058,000 shares, compared to its average volume of 1,091,558. CNO Financial Group has a 12 month low of $18.53 and a 12 month high of $25.83. The stock has a market cap of $4,140.00, a PE ratio of 15.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.52.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Investors of record on Monday, December 11th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, December 8th. CNO Financial Group’s dividend payout ratio (DPR) is 13.00%.
CNO has been the subject of a number of research analyst reports. B. Riley reiterated a “buy” rating on shares of CNO Financial Group in a report on Monday, November 6th. Wells Fargo & Company set a $22.00 price target on CNO Financial Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Zacks Investment Research cut CNO Financial Group from a “buy” rating to a “hold” rating in a report on Monday, October 9th. Finally, Goldman Sachs Group initiated coverage on CNO Financial Group in a report on Wednesday, October 18th. They set a “neutral” rating and a $24.00 price target for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $22.25.
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About CNO Financial Group
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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