Alert: Positive Investment/Fundamental Signals (11/10/23)-CNO Financial Group Inc (NYSE: CNO)


Recent meaningful positive changes in fundamentals have benefitted CNO Financial Group Inc (NYSE: CNO): the consensus estimate for December, 2023 increased significantly, the stock’s power rating rose above 70, and significant quarterly sales acceleration occurred.

Important positive changes in CNO Financial Group Inc (NYSE: CNO) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, CNO is expected to continue to be a major Value Builder.

CNO Financial Group has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CNO Financial Group has a slightly negative Appreciation Score of 34 but a good Power Rating of 77, with the Neutral Value Trend Rating the result.

Recent Price Action

CNO Financial Group Inc (NYSE: CNO) stock closed at $24.48 on 11/10/23 after a modest gain of 0.9%. The stock has risen 1.9% during the last week and has been strong relative to the market over the last nine months.

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