CNO
CNO Financial Group, Inc. Financial Services - Insurance - Life Investor Relations →
CNO Financial Group, Inc. (CNO) closed at $50.83 as of 2026-06-19, trading 64.4% above its 200-week moving average of $30.91. The stock moved further from the line this week, up from 63.2% last week. With a 14-week RSI of 90, CNO is in overbought territory.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.21 ratio) is neutral — neither side is clearly dominating.
Over the past 1140 weeks of data, CNO has crossed below its 200-week moving average 17 times. On average, these episodes lasted 24 weeks. Historically, investors who bought CNO at the start of these episodes saw an average one-year return of +23.4%.
With a market cap of $4.7 billion, CNO is a mid-cap stock. The company generates a free cash flow yield of 21.6%, which is notably high. Return on equity stands at 9.8%. The stock trades at 1.9x book value.
The company has been aggressively buying back shares, reducing its share count by 17.4% over the past three years.
Over the past 21.9 years, a hypothetical investment of $100 in CNO would have grown to $384, compared to $1008 for the S&P 500. CNO has returned 6.3% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 10.9% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: CNO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CNO Crosses Below the Line?
Across 17 historical episodes, buying CNO when it crossed below its 200-week moving average produced an average return of +22.7% after 12 months (median +31.0%), compared to +17.1% for the S&P 500 over the same periods. 76% of those episodes were profitable after one year. After 24 months, the average return was +33.2% vs +30.1% for the index.
Each line shows $100 invested at the moment CNO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Dislocation Scores Experimental
Each score measures deviation from CNO's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
CNO has crossed below its 200-week MA 17 times with an average 1-year return of +23.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2004 | Dec 2004 | 17 | 17.4% | +25.6% | +296.3% |
| Jan 2005 | Mar 2005 | 10 | 3.3% | +21.5% | +241.7% |
| Apr 2005 | May 2005 | 1 | 2.1% | +31.2% | +245.0% |
| Jul 2006 | Sep 2006 | 6 | 3.5% | -16.7% | +221.0% |
| Oct 2006 | Jun 2007 | 38 | 16.6% | -20.9% | +232.8% |
| Jul 2007 | Mar 2011 | 194 | 97.7% | -55.6% | +229.0% |
| Aug 2011 | Oct 2011 | 11 | 13.5% | +52.5% | +1040.7% |
| Nov 2011 | Nov 2011 | 1 | 4.0% | +58.8% | +1081.3% |
| Aug 2016 | Aug 2016 | 3 | 2.4% | +54.0% | +309.5% |
| Sep 2016 | Nov 2016 | 9 | 5.8% | +39.5% | +299.9% |
| Oct 2018 | Dec 2019 | 59 | 24.1% | -11.6% | +229.5% |
| Dec 2019 | Feb 2020 | 6 | 4.7% | +28.7% | +222.2% |
| Feb 2020 | Oct 2020 | 32 | 46.1% | +54.2% | +266.2% |
| Oct 2020 | Nov 2020 | 1 | 1.0% | +38.8% | +223.6% |
| Jun 2022 | Aug 2022 | 9 | 8.8% | +27.0% | +193.5% |
| Aug 2022 | Sep 2022 | 1 | 4.1% | +35.3% | +206.3% |
| Sep 2022 | Oct 2022 | 3 | 3.9% | +35.9% | +204.6% |
| Average | 24 | — | +23.4% | — |
Frequently Asked Questions
Is CNO below its 200-week moving average?
No. CNO Financial Group, Inc. (CNO) is currently 64.4% above its 200-week moving average of $30.91. It would need to fall to $30.91 to cross below the line.
What is CNO's 200-week moving average price?
CNO Financial Group, Inc.'s 200-week moving average is $30.91 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when CNO drops below its 200-week moving average?
CNO has crossed below its 200-week moving average 17 times in our data. On average, buying at that moment produced a one-year return of +23.4%. These dips have historically been decent entry points. These episodes lasted 24 weeks on average.
Is CNO a good value right now?
Here's what our data says about CNO as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 90 (overbought). Free cash flow yield is 21.6%. Return on equity is 9.8%. Price-to-book is 1.9x. This is not a buy or sell recommendation — always do your own research.
How does CNO compare to the S&P 500?
Over the past 21.9 years, $100 invested in CNO would have grown to $384, compared to $1008 for the S&P 500. That's 6.3% annualized vs 11.1% for the index. CNO has underperformed the broader market over this period.
Does CNO pay a dividend?
Yes. CNO Financial Group, Inc. currently pays a dividend yield of 141.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19