Cno Financial Stock Fair Value – AE Wealth Management LLC Significantly Reduces Stake in CNO Financial Group, Inc
July 15, 2023
☀️Trending News
CNO ($NYSE:CNO) Financial Group, Inc. is a US-based insurance holding company. It provides insurance products such as Medicare supplement, life, and health insurance to middle-income Americans through its operating subsidiaries.
In addition, it offers annuity and retirement services to customers across the country. According to its most recent 13F filing with the SEC, AE Wealth Management LLC significantly reduced its stake in CNO Financial Group, Inc. during the first quarter. The filing revealed a 71.7% decrease in their ownership of CNO Financial Group, Inc. shares. It is unclear why AE Wealth Management LLC chose to reduce their stake in the company, but the move may indicate that they are looking to invest in other opportunities. The reduction in AE Wealth Management LLC’s ownership of CNO Financial Group, Inc. shares could have an impact on the company’s stock price and its long-term prospects. Investors who are considering investing in CNO Financial Group, Inc. should do their own due diligence and research before making any decisions.
Stock Price
This decrease in the company’s stock value indicates a decrease in investor confidence in CNO Financial Group, Inc. Despite this, CNO Financial has continued to make strides in its industry, recently launching a new health product for seniors called Bankers Life Medicare Supplement Plan, which is aimed at helping seniors bridge the gap between what their current Medicare policy covers and what they need. Additionally, CNO Financial continues to be a leader in providing retirement planning solutions for their customers. 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 |
| 3.74k | 283.7 | 7.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cno Financial. More…
| Operations | Investing | Financing |
| 495.4 | -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 |
| 34.02k | 31.98k | 17.68 |
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 |
| 0.3% | – | 14.3% |
| FCF Margin | ROE | ROA |
| 13.2% | 19.5% | 1.0% |
Analysis – Cno Financial Stock Fair Value
At GoodWhale, we recently performed an analysis of CNO FINANCIAL‘s wellbeing. After carefully examining the associated data, our proprietary Valuation Line calculates that the fair value of CNO FINANCIAL’s shares is around $24.1. Currently, CNO FINANCIAL’s stock is traded at $24.2, which indicates that it is a fair price. As such, the stock may provide investors with a good return on investment. More…
Peers
Its competitors are National Western Life Group Inc, Wustenrot & Wurttembergische AG, and iA Financial Corp Inc.
– National Western Life Group Inc ($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
This is likely due to market trends and investor sentiment, which can shift rapidly in response to economic and social factors. To make a successful investment, it is important to stay informed on the latest developments in the company and its sector in order to gain a better understanding of the current situation and potential future outlook. Investors must also assess the risks involved, and exercise sound judgement when deciding whether or not to invest in a particular company.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
