How to Buy Cno Financial Group Stock
Cno Financial Group Inc
Cno Financial Group is a property & casualty insurance company located in Indiana, United States, which is part of the Financial Services sector, and is traded under the ticker CNO on the NYSE exchange.
Cno Financial Group stock last closed at $27.11, down 0.22% from the previous day, and has increased 26.33% in one year. It has underperformed other stocks in the Insurance - Life industry by 0.12 percentage points. Cno Financial Group stock is currently +30.46% from its 52-week low of $20.78, and -4.51% from its 52-week high of $28.39.
At the moment, there are 108.99M shares of CNO outstanding. The market cap of CNO is $2.95B. In the last 24 hours, 579,069 CNO shares were traded.
How to Buy Cno Financial Group Stock
Not sure how to invest in Cno Financial Group stock? Here's how.
- Decide where to buy Cno Financial Group stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Cno Financial Group stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Analyze Cno Financial Group stock: The Cno Financial Group ticker symbol is CNO. Is Cno Financial Group stock a good investment? Should you buy shares of CNO? How do CNO's underlying business fundamentals look? Do top analysts think Cno Financial Group is a good buy? Why has CNO's stock price moved recently? (Hint: Our stock market research tools can help you decide if CNO is a good stock to buy).
- Place your CNO trade: Decide if you will purchase CNO shares at the current market price or use a limit order to buy CNO stock at a given price.
- Keep tabs on your investment in CNO: Create a watchlist to get the latest news on your position in Cno Financial Group stock.
Step 1: Decide where to buy Cno Financial Group stock
You need an online brokerage account to access the NYSE market and buy CNO stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in CNO today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on a investment app, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of depositing money into your investment account.
Step 4: Analyze Cno Financial Group stock
After you have chosen the best place to buy Cno Financial Group stock, it's very important to evaluate their stock prior to buying, so you actually understand the risk and upside.
Cno Financial Group shares at a glance
CNO Fundamentals
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on CNO's stock page.
How is CNO stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge CNO's fair value.
Using relative valuations metrics:
- CNO could be undervalued based on its P/E ratio of 11.11x, relative to Insurance - Life industry P/E ratio of 13.14x
- CNO could be undervalued based on its P/B ratio of 1.33x, relative to Insurance - Life industry P/B ratio of 1.38x
- CNO may be overvalued based on its PEG ratio of 1.8x
You can do additional valuation research on CNO's stock here.
CNO Financial Health Overview
Signs that CNO is not financially healthy:
- Total CNO debt is higher than 5 years ago, relative to shareholder equity.
- CNO profit margin has gone down from 17.6% to 6.7% in the past year.
- CNO's operating cash flow of $582.90M allows it to safely service it's debt of $4.15B.
- CNO has a relatively high debt to equity ratio of 14.84.
- CNO earnings of $595.40M is not sufficient to cover its interest payments.
Is it a good time to buy Cno Financial Group stock, according to Wall Street analysts?
Out of 3 Wall Street analysts who give ratings on CNO, the consensus analyst rating on Cno Financial Group is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Cno Financial Group stock forecast page.
CNO Technicals
How is CNO performing as a company?
Last year, CNO earnings were $276.50M. During the past four year, CNO's earnings have grown by -1.76% per year. This was slower than the Insurance - Life industry average of -0.66%.
Last year, CNO revenue was $4.15B. During the past five year, CNO's revenue has grown by -0.79% per year. This was faster than the Insurance - Life industry average of -1.35%.
Learn more about CNO's earnings and revenue performance here.
Who is buying/selling CNO?
Over the past 12 months, insiders at CNO have bought more shares than they have sold.
Karen Detoro, President Worksite Division of CNO, was the latest CNO insider to sell. They sold $75,283.80 worth of CNO stock on Apr 9, 2024.
Dig into more about who owns CNO stock here.
Does CNO stock generate passive income?
Cno Financial Group pays a dividend of 2.21%, compared to the Insurance - Life industry's average dividend yield of 2.59%. If you owned $1,000 worth of CNO stock, you would have been paid $22.13 in the past 12 months.
Cno Financial Group dividend payments have consistently grown over the past decade and have remained stable.
Dig into more analysis about Cno Financial Group dividend yield and history here.
Get analysis from other traders
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Step 5: Place your CNO trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in CNO
Now that you own some shares in CNO, you'll want to stay up-to-date on your new company.
Start a watchlist to see the latest developments about your CNO stock.
CNO Feed
How to Buy Stock in Cno Financial Group
To reiterate, here are the 6 steps you need to take to buy Cno Financial Group stock right now:
- Decide where to buy Cno Financial Group stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Cno Financial Group stock
- Place your CNO trade
- Keep tabs on your investment in CNO
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Cno Financial Group, create a watchlist on WallStreetZen today.
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