Cno Financial Intrinsic Value Calculator – Victory Capital Management Sells Shares of CNO Financial Group,
October 31, 2023
☀️Trending News
Victory Capital Management Inc. has recently sold a portion of its shares of CNO ($NYSE:CNO) Financial Group, Inc., a company that provides financial services to middle-income retirees and their families. CNO Financial is one of the nation’s leading insurance and investment companies, offering a wide range of products and services including retirement solutions, life and supplemental health insurance, annuities, and investments. The company also provides access to banking, credit cards, and other financial tools and services. CNO Financial’s stock stands as a great option for investors looking for long-term growth. The company is well positioned to benefit from the growing demand for financial services among middle-income retirees and their families.
Additionally, CNO Financial’s strong balance sheet provides a reliable foundation for growth, so investors can expect to enjoy returns in the years to come. Victory Capital Management Inc. has made a wise move in selling its shares of CNO Financial Group, Inc. With a strong outlook for the future and a robust portfolio of products and services, CNO Financial is sure to remain a popular choice among investors in the near future.
Market Price
This was an increase of 1.7% from the last closing price of $22.5. Its products include health insurance, life insurance, disability insurance, vision and dental insurance. The company also provides various services such as financial planning, retirement planning, investments, and tax preparation. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cno Financial. More…
| Total Revenues | Net Income | Net Margin |
| 3.91k | 221.3 | 5.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cno Financial. More…
| Operations | Investing | Financing |
| 520.9 | -1.78k | 1.2k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cno Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 34.05k | 32.06k | 17.56 |
Key Ratios Snapshot
Some of the financial key ratios for Cno Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.4% | – | 12.4% |
| FCF Margin | ROE | ROA |
| 13.3% | 15.1% | 0.9% |
Analysis – Cno Financial Intrinsic Value Calculator
At GoodWhale, we have analyzed the financials of CNO FINANCIAL Group to help investors make informed decisions about the stock. Based on our proprietary valuation line, the fair value of a CNO FINANCIAL share is currently around $24.9. Currently, the stock is being traded at $22.9 – this represents a fair price that is undervalued by 8.1%. This discrepancy presents an opportunity for investors who are interested in buying a quality stock at a bargain price. More…
Peers
Its competitors are National Western Life Group Inc, Wustenrot & Wurttembergische AG, and iA Financial Corp Inc.
– National Western Life Group Inc ($NASDAQ:NWLI)
National Western Life Group Inc is a holding company that operates through its subsidiaries engaged in the life insurance business. Its products include whole life, term life, universal life, and annuities. The company was founded in 1906 and is headquartered in Austin, Texas.
– Wustenrot & Wurttembergische AG ($LTS:0GJN)
Wustenrot & Wurttembergische AG is a German mutual insurance company headquartered in Stuttgart. As of 2022, it had a market capitalization of €1.44 billion and a return on equity of 14.21%. The company provides a range of insurance products, including life, health, property and casualty, and pension products, as well as banking and investment products.
– iA Financial Corp Inc ($TSX:IAG)
AmeriA Financial Corp Inc has a market cap of 7.68B as of 2022. The company has a Return on Equity of 9.41%. AmeriA Financial Corp Inc is a provider of insurance and financial services. The company offers a range of products and services, including life insurance, annuities, and investments.
Summary
Victory Capital Management Inc. recently sold shares of CNO Financial Group, Inc. (CNO). As part of their investment analysis, investors should consider the company’s financials, competitive landscape, and potential for growth. CNO is a multi-line insurance provider with a range of life and health products as well as annuities and long-term care. They have been able to achieve consistent growth in revenue and profits due to their well-diversified product offering. It also has a strong balance sheet with lower debt levels than peers.
A key factor investors should consider is the competitive landscape, as CNO faces a number of competitors in the insurance space, including some larger companies. Investors should also consider the potential for CNO to expand into new areas and markets, such as expanding into long-term care insurance or digital offerings. With these factors in mind, investors could consider CNO’s stock as part of their overall portfolio strategy.
