The CNO Financial Group Inc. (CNO) Set to Announce Earnings on Tuesday

The CNO Financial Group Inc. (CNO) Set to Announce Earnings on Tuesday

CNO Financial Group Inc. (NYSE:CNO) is scheduled to be issuing its Q316 quarterly earnings data on Tuesday, November 1st. Analysts expect the company to announce earnings of $0.33 per share and revenue of $969.42 million for the quarter.

Shares of CNO Financial Group Inc. (NYSE:CNO) opened at 15.08 on Monday. The stock has a market cap of $2.64 billion, a PE ratio of 10.13 and a beta of 1.23. CNO Financial Group Inc. has a 52 week low of $14.30 and a 52 week high of $20.88. The stock has a 50 day moving average of $15.47 and a 200-day moving average of $17.25.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James & Associates boosted its position in CNO Financial Group by 28.9% in the second quarter. Raymond James & Associates now owns 175,836 shares of the company’s stock worth $3,070,000 after buying an additional 39,396 shares during the period. Pacad Investment Ltd. boosted its position in CNO Financial Group by 0.9% in the second quarter. Pacad Investment Ltd. now owns 22,600 shares of the company’s stock worth $395,000 after buying an additional 200 shares during the period. Miles Capital Inc. boosted its position in CNO Financial Group by 1.5% in the second quarter. Miles Capital Inc. now owns 13,887 shares of the company’s stock worth $242,000 after buying an additional 201 shares during the period. Cipher Capital LP purchased a new position in CNO Financial Group during the second quarter worth $487,000. Finally, Gideon Capital Advisors Inc. purchased a new position in CNO Financial Group during the second quarter worth $214,000. Institutional investors and hedge funds own 97.57% of the company’s stock.

Several equities analysts have weighed in on CNO shares. Evercore ISI started coverage on shares of CNO Financial Group in a report on Wednesday, July 6th. They set a “hold” rating and a $19.00 price target on the stock. Citigroup Inc. reduced their price objective on shares of CNO Financial Group from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, July 7th. Deutsche Bank AG reduced their price objective on shares of CNO Financial Group from $20.00 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, July 7th. BTIG Research reiterated a “buy” rating on shares of CNO Financial Group in a research report on Friday, July 15th. Finally, Morgan Stanley reiterated a “hold” rating and set a $19.00 price objective on shares of CNO Financial Group in a research report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $18.85.

About CNO Financial Group

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