Alert: Positive Investment/Fundamental Signals (11/27/23)-CNO Financial Group Inc (NYSE: CNO)


Meaningful positive changes in fundamentals have recently occurred for 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.

CNO Financial Group Inc (NYSE: CNO) has recently enjoyed meaningful positive changes in investment behavior: its longer term price trend turned up.

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

Reflecting future returns on capital that are forecasted to exceed 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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CNO Financial Group has a slightly negative Appreciation Score of 33 but a good Power Rating of 82, producing the Neutral Value Trend Rating.

Recent Price Action

On 11/27/23, CNO Financial Group Inc (NYSE: CNO) stock enjoyed a large increase of 2.8%, closing at $26.96. The stock has risen 7.4% during the last week and has been strong relative to the market over the last nine months.

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