NEW YORK (
CNO Financial Group
) is trading at unusually high volume Wednesday with 6.7 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 51 cents (+8%) at $6.87 as of 3:56 p.m. ET.
CNO Financial Group has a market cap of $1.6 billion and is part of the
industry. Shares are down 6.2% year to date as of the close of trading on Tuesday.
CNO Financial Group, Inc., through its subsidiaries, engages in the development, marketing, and administration of supplemental health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. The company has a P/E ratio of 12.7, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates CNO Financial Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
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