Frederick Sievert - CNO Financial Independent Director

CNO Stock  USD 26.33  0.56  2.08%   

Director

Mr. Frederick James Sievert is an Independent Director of Cno Financial Group, Inc. He joined our Board in May 2011. Mr. Sievert is the retired President of New York Life Insurance Company, having served in that position from 2002 through 2007. Mr. Sievert shared responsibility for overall company management in the Office of the Chairman, from 2004 until his retirement in 2007. Mr. Sievert joined New York Life in 1992 as senior vice president and chief financial officer of the individual insurance businesses. In 1995 he was promoted to executive vice president and was elected to the New York Life board of directors in 1996. Prior to joining New York Life, Mr. Sievert was a senior vice president for Royal Maccabees Life Insurance Company, a subsidiary of the Royal Insurance Group of London, England. Mr. Sievert is a Fellow of the Society of Actuaries. He was a director of Reinsurance Group of America, Incorporated since 2010. With respect to Mr. Sievert nomination for reelection, the Board and the Governance and Nominating Committee considered his extensive insurance, actuarial and executive management experience. since 2011.
Age 73
Tenure 13 years
Address 11825 North Pennsylvania Street, Carmel, IN, United States, 46032
Phone317 817 6100
Webhttps://www.cnoinc.com

CNO Financial Management Efficiency

The company has Return on Asset of 0.0137 % which means that on every $100 spent on assets, it made $0.0137 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1771 %, implying that it generated $0.1771 on every 100 dollars invested. CNO Financial's management efficiency ratios could be used to measure how well CNO Financial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, CNO Financial's Return On Tangible Assets are very stable compared to the past year. As of the 1st of May 2024, Return On Assets is likely to grow to 0.01, while Return On Capital Employed is likely to drop 0.01. At this time, CNO Financial's Non Currrent Assets Other are very stable compared to the past year. As of the 1st of May 2024, Non Current Assets Total is likely to grow to about 31.4 B, while Total Assets are likely to drop about 28.2 B.
The company has 4.24 B in debt with debt to equity (D/E) ratio of 1.77, which is OK given its current industry classification. CNO Financial Group has a current ratio of 2.5, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist CNO Financial until it has trouble settling it off, either with new capital or with free cash flow. So, CNO Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CNO Financial Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CNO to invest in growth at high rates of return. When we think about CNO Financial's use of debt, we should always consider it together with cash and equity.

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CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana. Cno Financial operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. It employs 3400 people. CNO Financial Group (CNO) is traded on New York Stock Exchange in USA. It is located in 11825 North Pennsylvania Street, Carmel, IN, United States, 46032 and employs 3,500 people. CNO Financial is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

CNO Financial Group Leadership Team

Elected by the shareholders, the CNO Financial's board of directors comprises two types of representatives: CNO Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CNO. The board's role is to monitor CNO Financial's management team and ensure that shareholders' interests are well served. CNO Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CNO Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Maurer, Independent Chairman of the Board
Mary Henderson, Independent Director
Robert Birty, Vice President - Bankers Life Business
Robert Yates, Vice President - Distribution Planning
Gary Bhojwani, President, Chief Executive Officer, Director
Karen Detoro, Chief Risk Officer, Chief Actuary
Michael Heard, President of the Worksite Division
Chetlur Ragavan, Independent Director
Carrie Jost, Vice President - Communications
Tricia Borcherding, Vice President - Human Resources
Christopher Nickele, Chief Actuary and Executive VP
Dana Allen, Vice President - Product Marketing
Jill Klibanov, Vice President of Product Management Modeling
Nancy Sweet, Chief President
Jeffrey CPA, VP Treasurer
Steve Liou, Vice President of Health Valuation
Yvonne Franzese, Chief Human Resource Officer, Executive Vice President
Rocco Tarasi, Vice President - Finance and Operations
Ellyn Brown, Independent Director
WhaNing Doo, Vice President - Annuity Valuation
Michael Mead, Chief Officer
Jeanne Linnenbringer, Chief Officer
Ben Tesnar, VP Officer
Doug Williams, Vice President of Finance and Administration
Scott Perry, Chief Bus. Officer
Rocco III, Chief Officer
Scott Goldberg, President of Consumer Division
Frederick Sievert, Independent Director
Joel Schwartz, President - Colonial Penn Segment
Charles Jacklin, Independent Director
Erik Helding, Chief Financial Officer, Executive Vice President
Edward Bonach, CEO, Director, Member of Executive Committee and Member of Investment Committee
Adam Auvil, Vice Development
John Kline, Senior Vice President Chief Accounting Officer
Steven Shebik, Independent Director
Michael Tokarz, Independent Director
Tim Bischof, Chief Risk Officer
Carolyn ODonnell, Vice President - Organizational Development
Michael Milos, Vice President - Sales and Distribution Strategy
Mike Mead, Senior Vice President CIO
Nathan Richardson, Senior Vice President - Sales and Distribution
Pat Casey, Chief Technology Officer, Vice President
Mike Heard, President - Washington National Segment
Patti Kolodziejczyk, Vice President of Application Delivery
Susan Menzel, Executive Vice President - Human Resources
Eric Johnson, Chief Investment Officer, President and Chief Executive Officer of 40|86 Advisors
Neal Schneider, Non-Executive Chairman of the Board
Michael Byers, Co-President - Worksite Division
Patrick Bogan, Vice President - IT Strategy and Operational Excellence
Michellen Wildin, Senior Officer
Gerardo Monroy, Chief Marketing Officer
David Foss, Independent Director
Matthew Zimpfer, Executive Vice President General Counsel
Jennifer Childe, Vice President of Investor Relations
Scott CPA, President Division
Paul McDonough, Chief Financial Officer
Robert Greving, Independent Director
Jeremy Williams, Senior Vice President of Valuation
Stephen David, Independent Director
Bruce Baude, Chief Operations and Technology Officer, Executive Vice President
Zandra Haai, Vice President of Fixed Income Research
John CPA, VP Officer

CNO Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CNO Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CNO Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CNO Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CNO Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CNO Stock

  0.66GL Globe LifePairCorr
The ability to find closely correlated positions to CNO Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNO Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CNO Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CNO Financial Group to buy it.
The correlation of CNO Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CNO Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNO Financial Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CNO Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CNO Financial Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNO Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cno Financial Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cno Financial Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNO Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running CNO Financial's price analysis, check to measure CNO Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNO Financial is operating at the current time. Most of CNO Financial's value examination focuses on studying past and present price action to predict the probability of CNO Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNO Financial's price. Additionally, you may evaluate how the addition of CNO Financial to your portfolios can decrease your overall portfolio volatility.
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Is CNO Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CNO Financial. If investors know CNO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CNO Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.45
Earnings Share
2.4
Revenue Per Share
38.41
Quarterly Revenue Growth
0.15
The market value of CNO Financial Group is measured differently than its book value, which is the value of CNO that is recorded on the company's balance sheet. Investors also form their own opinion of CNO Financial's value that differs from its market value or its book value, called intrinsic value, which is CNO Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CNO Financial's market value can be influenced by many factors that don't directly affect CNO Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CNO Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNO Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNO Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.