CNO Financial Group with ticker code (CNO) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 27 and 22 with a mean TP of 24.6. Now with the previous closing price of 18.96 this is indicating there is a potential upside of 29.7%. The 50 day MA is 22.36 and the 200 day MA is 23.96. The market cap for the company is $2,099m. Company Website: https://www.cnoinc.com
The potential market cap would be $2,723m based on the market concensus.
CNO Financial Group, through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on worksite and group sales for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed index annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. CNO Financial Group markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company sells its products through agents, independent producers, and direct marketing. CNO Financial Group was founded in 1979 and is headquartered in Carmel, Indiana.
