DOWLING & PARTN Has Negative Outlook of CNO FY2026 Earnings

CNO Financial Group, Inc. (NYSE:CNO) – Analysts at DOWLING & PARTN decreased their FY2026 earnings per share estimates for CNO Financial Group in a research report issued on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will post earnings per share of $4.40 for the year, down from their prior forecast of $4.45. The consensus estimate for CNO Financial Group’s current full-year earnings is $4.43 per share. DOWLING & PARTN also issued estimates for CNO Financial Group’s FY2027 earnings at $4.95 EPS and FY2028 earnings at $5.45 EPS.

CNO has been the topic of a number of other reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of CNO Financial Group in a report on Monday, April 20th. Jefferies Financial Group downgraded shares of CNO Financial Group from a “buy” rating to a “hold” rating and increased their target price for the company from $53.00 to $55.00 in a report on Friday, July 10th. Wall Street Zen lowered shares of CNO Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Evercore set a $48.00 price target on shares of CNO Financial Group and gave the stock an “in-line” rating in a report on Monday, June 1st. Finally, Keefe, Bruyette & Woods boosted their price target on shares of CNO Financial Group from $50.00 to $53.00 and gave the stock a “market perform” rating in a report on Monday. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CNO Financial Group presently has an average rating of “Hold” and an average target price of $51.50.

CNO Financial Group Trading Up 1.4%

NYSE CNO opened at $53.48 on Wednesday. The firm has a market capitalization of $4.99 billion, a P/E ratio of 21.48 and a beta of 0.81. The business has a fifty day simple moving average of $49.54 and a 200 day simple moving average of $44.82. CNO Financial Group has a 12 month low of $35.24 and a 12 month high of $53.72. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 1.61.

CNO Financial Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were given a $0.18 dividend. This is an increase from CNO Financial Group’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, June 10th. CNO Financial Group’s payout ratio is presently 28.92%.

Insider Buying and Selling at CNO Financial Group

In other CNO Financial Group news, CMO Rocco F. Tarasi III sold 5,750 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $50.00, for a total value of $287,500.00. Following the completion of the transaction, the chief marketing officer owned 79,191 shares in the company, valued at $3,959,550. This represents a 6.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gary C. Bhojwani sold 86,048 shares of the firm’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $51.48, for a total value of $4,429,751.04. Following the sale, the chief executive officer directly owned 174,264 shares of the company’s stock, valued at approximately $8,971,110.72. This represents a 33.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 95,106 shares of company stock worth $4,879,343. Insiders own 3.44% of the company’s stock.

Hedge Funds Weigh In On CNO Financial Group

Institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. increased its holdings in CNO Financial Group by 926.6% during the second quarter. Assenagon Asset Management S.A. now owns 795,165 shares of the financial services provider’s stock worth $40,538,000 after buying an additional 717,710 shares during the last quarter. Versant Capital Management Inc boosted its stake in CNO Financial Group by 72.0% in the second quarter. Versant Capital Management Inc now owns 1,132 shares of the financial services provider’s stock valued at $58,000 after acquiring an additional 474 shares during the last quarter. First Financial Bank Trust Division grew its position in shares of CNO Financial Group by 21.3% during the 2nd quarter. First Financial Bank Trust Division now owns 20,337 shares of the financial services provider’s stock valued at $1,037,000 after acquiring an additional 3,574 shares during the period. Empowered Funds LLC bought a new position in shares of CNO Financial Group during the 1st quarter valued at approximately $570,000. Finally, Glenmede Trust Co. NA purchased a new stake in shares of CNO Financial Group during the 1st quarter worth approximately $201,000. Institutional investors own 95.43% of the company’s stock.

About CNO Financial Group

CNO Financial Group is an Indiana‐based holding company that offers a range of insurance and retirement solutions through its operating subsidiaries. Its primary business activities include life insurance, annuities, and supplemental health insurance products designed to help individuals plan for retirement and manage health‐related expenses. The company serves middle‐income Americans, with particular emphasis on senior customers seeking guaranteed coverage and reliable income streams.

Originally founded as Conseco in 1979, the company underwent a financial restructuring and rebranded as CNO Financial Group in 2010.