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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
NYSE:CNO

CNO Financial Group (CNO) Stock Price, News & Analysis

$25.69
+0.57 (+2.27%)
(As of 04/18/2024 ET)
Today's Range
$25.28
$25.77
50-Day Range
$25.12
$27.48
52-Week Range
$19.95
$28.39
Volume
1.22 million shs
Average Volume
710,432 shs
Market Capitalization
$2.80 billion
P/E Ratio
10.66
Dividend Yield
2.34%
Price Target
$27.50

CNO Financial Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
7.0% Upside
$27.50 Price Target
Short Interest
Healthy
2.13% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.18
Upright™ Environmental Score
News Sentiment
0.27mentions of CNO Financial Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$4.12 M Sold Last Quarter
Proj. Earnings Growth
9.55%
From $3.14 to $3.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Finance Sector

159th out of 822 stocks

Accident & Health Insurance Industry

2nd out of 4 stocks

CNO stock logo

About CNO Financial Group Stock (NYSE:CNO)

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on sale of voluntary benefit life and health insurance products for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed indexed annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. It markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company was founded in 1979 and is headquartered in Carmel, Indiana.

CNO Stock Price History

CNO Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
IEN Survey Report Press Release
CNO.PR.A CNO Financial Group, Inc. 5.125% DEB 60
See More Headlines
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Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 3/22 Dividend
3/07/2024
Dividend Payable
3/22/2024
Today
4/19/2024
Next Earnings (Confirmed)
4/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Accident & health insurance
Sub-Industry
Life & Health Insurance
CUSIP
12621E10
Employees
3,500
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$27.50
High Stock Price Target
$30.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+7.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$276.50 million
Pretax Margin
8.60%

Debt

Sales & Book Value

Annual Sales
$4.15 billion
Cash Flow
$3.18 per share
Book Value
$19.75 per share

Miscellaneous

Free Float
105,722,000
Market Cap
$2.80 billion
Optionable
Optionable
Beta
1.03

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CNO Stock Analysis - Frequently Asked Questions

Should I buy or sell CNO Financial Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNO Financial Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CNO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNO, but not buy additional shares or sell existing shares.
View CNO analyst ratings
or view top-rated stocks.

What is CNO Financial Group's stock price target for 2024?

5 brokers have issued twelve-month price objectives for CNO Financial Group's stock. Their CNO share price targets range from $24.00 to $30.00. On average, they predict the company's stock price to reach $27.50 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts price targets for CNO
or view top-rated stocks among Wall Street analysts.

How have CNO shares performed in 2024?

CNO Financial Group's stock was trading at $27.90 on January 1st, 2024. Since then, CNO stock has decreased by 7.9% and is now trading at $25.69.
View the best growth stocks for 2024 here
.

Are investors shorting CNO Financial Group?

CNO Financial Group saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 2,260,000 shares, a drop of 20.1% from the March 15th total of 2,830,000 shares. Based on an average daily trading volume, of 734,200 shares, the days-to-cover ratio is presently 3.1 days. Approximately 2.1% of the shares of the company are sold short.
View CNO Financial Group's Short Interest
.

When is CNO Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our CNO earnings forecast
.

How can I listen to CNO Financial Group's earnings call?

CNO Financial Group will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were CNO Financial Group's earnings last quarter?

CNO Financial Group, Inc. (NYSE:CNO) issued its earnings results on Tuesday, February, 6th. The financial services provider reported $1.18 EPS for the quarter, beating the consensus estimate of $0.85 by $0.33. The financial services provider had revenue of $1.17 billion for the quarter, compared to analyst estimates of $934.05 million. CNO Financial Group had a trailing twelve-month return on equity of 17.51% and a net margin of 6.67%.

How often does CNO Financial Group pay dividends? What is the dividend yield for CNO Financial Group?

CNO Financial Group announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.15 per share on Friday, March 22nd. This represents a $0.60 annualized dividend and a dividend yield of 2.34%. The ex-dividend date of this dividend is Thursday, March 7th.
Read our dividend analysis for CNO
.

Is CNO Financial Group a good dividend stock?

CNO Financial Group (NYSE:CNO) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.34%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNO will have a dividend payout ratio of 17.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNO.

What ETFs hold CNO Financial Group's stock?

ETFs with the largest weight of CNO Financial Group (NYSE:CNO) stock in their portfolio include SPDR S&P Insurance ETF (KIE), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and iShares U.S. Insurance ETF (IAK).Avantis U.S. Small Cap Equity ETF (AVSC).

What is Gary C. Bhojwani's approval rating as CNO Financial Group's CEO?

34 employees have rated CNO Financial Group Chief Executive Officer Gary C. Bhojwani on Glassdoor.com. Gary C. Bhojwani has an approval rating of 69% among the company's employees.

What other stocks do shareholders of CNO Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNO Financial Group investors own include Inovio Pharmaceuticals (INO), AbbVie (ABBV), Energy Transfer (ET), Bank of America (BAC), Walt Disney (DIS), International Business Machines (IBM), Intel (INTC), Pfizer (PFE), AT&T (T) and Wells Fargo & Company (WFC).

Who are CNO Financial Group's major shareholders?

CNO Financial Group's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.29%), Congress Asset Management Co. MA (0.14%), First Hawaiian Bank (0.03%), Gateway Investment Advisers LLC (0.03%) and AlphaMark Advisors LLC (0.01%). Insiders that own company stock include David B Foss, Frederick James Sievert, Gary C Bhojwani, Jeanne L Linnenbringer, John R Kline, Karen Detoro, Matthew J Zimpfer, Paul H Mcdonough, Robert C Greving, Rocco F Tarasi III, Scott L Goldberg, Steven E Shebik and Yvonne K Franzese.
View institutional ownership trends
.

How do I buy shares of CNO Financial Group?

Shares of CNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CNO) was last updated on 4/19/2024 by MarketBeat.com Staff

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