CNO Financial (CNO) Gets a Hold Rating from KBW


KBW analyst Ryan Krueger reiterated a Hold rating on CNO Financial (CNO) yesterday and set a price target of $22. The company’s shares closed yesterday at $15.59, close to its 52-week low of $15.52.

According to TipRanks.com, Krueger is a 4-star analyst with an average return of 7.8% and a 53.6% success rate. Krueger covers the Financial sector, focusing on stocks such as American Equity Investment Life, Prudential Financial Inc, and Lincoln National Corp.

CNO Financial has an analyst consensus of Hold, with a price target consensus of $23.

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Based on CNO Financial’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $530 million. In comparison, last year the company earned revenue of $1.05 billion and had a net profit of $101 million.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is neutral on the stock.

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CNO Financial Group, Inc. is an insurance holding company, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. It operates through three segments: Bankers Life, Washington National, Colonial Penn.

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