Cno Financial Stock Fair Value – Chief Actuary at CNO Financial Group sells nearly $200K in stock
November 16, 2024
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CNO ($NYSE:CNO) Financial Group, Inc. is a leading provider of insurance products and services, focused primarily on the senior market. They offer Medicare supplement, long-term care, life insurance, and annuity products through their subsidiaries, including Bankers Life and Casualty Company, Colonial Penn Life Insurance Company, and Washington National Insurance Company. With a strong commitment to serving their customers and shareholders, CNO Financial has established itself as a reliable and profitable company in the insurance industry. The recent sale of $191,747 worth of stock by the Chief Actuary, Jeremy David Williams, may come as a surprise to some investors.
However, it is important to note that this is a routine transaction that occurs within the guidelines set by the Securities and Exchange Commission (SEC). The sale was reported by Williams himself, as required by SEC regulations for insider trading. As the top actuary of CNO Financial, Williams plays a crucial role in the company’s financial planning and decision-making processes. His decision to sell a portion of his stock holdings may indicate a need for personal liquidity or diversification, rather than any negative sentiment towards the company’s performance or future prospects. This demonstrates his continued confidence in the company and its long-term growth potential. In conclusion, while the sale of $191,747 worth of stock by the Chief Actuary may raise some eyebrows, it is likely a routine transaction that does not reflect any major changes in the company’s operations or outlook. CNO Financial remains a strong and stable player in the insurance industry, with dedicated leaders like Jeremy David Williams guiding its success.
Stock Price
This news comes as the stock opened at $39.5 and closed at $39.26, down by 0.86% from the previous closing price of $39.6. The sale by the Chief Actuary raises questions about the company’s financial stability and performance. It is not uncommon for executives to sell company stock, but the timing of this sale could be seen as a cause for concern. With the stock price dropping on the day of the sale, investors may wonder if the Chief Actuary knows something about the company’s future prospects that others do not. CNO Financial Group is a publicly-traded company, meaning that information about its finances and operations are accessible to shareholders and the general public. The Chief Actuary’s decision to sell such a significant amount of stock may indicate a lack of confidence in the company’s direction or financial health. This could in turn lead to a decline in investor confidence and potentially impact the company’s stock price in the future.
While it is not uncommon for executives to sell company stock for personal financial reasons, it is worth noting that this sale by the Chief Actuary comes at a time when CNO Financial Group’s stock has been performing poorly. This could be a red flag for investors and prompt them to question the leadership and decision-making within the company. The timing of this sale, coupled with the recent decline in the company’s stock price, may be cause for investor skepticism and could potentially impact the company’s future prospects. It remains to be seen how this development will affect CNO Financial Group’s reputation and stock performance in the long run. 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 |
| 4.15k | 276.5 | 6.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cno Financial. More…
| Operations | Investing | Financing |
| 567.1 | -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 |
| 35.1k | 32.89k | 19.75 |
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 |
| 2.8% | – | 14.4% |
| FCF Margin | ROE | ROA |
| 13.7% | 18.1% | 1.1% |
Analysis – Cno Financial Stock Fair Value
As an analyst at GoodWhale, I have conducted a thorough analysis of CNO FINANCIAL‘s financials. Based on our findings, we have determined that the fair value of CNO FINANCIAL share is approximately $26.7. This valuation has been calculated using our proprietary Valuation Line, which takes into account various financial metrics and factors. However, it is important to note that currently, CNO FINANCIAL stock is being traded at $39.26, which represents a 46.9% premium to its fair value. This indicates that the stock is currently overvalued. Our analysis has shown that CNO FINANCIAL has solid financials, with strong revenues and profit margins. However, the current trading price of the stock does not reflect its true value. As an analyst, I would recommend caution to investors considering purchasing CNO FINANCIAL stock at its current price. It is important for investors to carefully consider the valuation of a stock before making any investment decisions. In the case of CNO FINANCIAL, our analysis suggests that there may be potential for the stock to experience a correction in its trading price. Overall, while CNO FINANCIAL may be a strong company with solid financials, it is important for investors to be aware of its valuation and potential risks associated with its current trading price. As always, it is crucial to conduct thorough research and consult with a financial advisor before making any investment decisions. More…
Peers
Its competitors are National Western Life Group Inc, Wustenrot & Wurttembergische AG, and iA Financial Corp Inc.
– National Western Life Group Inc ($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
The recent sale of company stock by CNO Financial Group’s Chief Actuary, Jeremy David Williams, for $191,747 has raised questions about the company’s financial health. This move may signal potential concerns among company insiders about CNO Financial’s future performance. Investors should take note and conduct further analysis of the company before making any investment decisions.
It is important to carefully evaluate the company’s financial statements, market trends, and management team in order to make informed investment choices. It is also advisable to keep an eye on any future insider selling, as it can provide valuable insights into the company’s prospects.
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