CNO Financial Group (CNO) to Release Earnings on Monday

CNO Financial Group (NYSE:CNO - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $975.80 million for the quarter.

CNO Financial Group (NYSE:CNO - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.31 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.25. CNO Financial Group had a return on equity of 17.20% and a net margin of 9.08%. On average, analysts expect CNO Financial Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

CNO Financial Group Stock Performance

NYSE:CNO traded down $0.16 during midday trading on Friday, reaching $39.60. 451,280 shares of the company traded hands, compared to its average volume of 705,544. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 10.59 and a beta of 0.90. The company has a fifty day moving average price of $39.76 and a 200 day moving average price of $38.65. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.22 and a quick ratio of 0.19. CNO Financial Group has a twelve month low of $25.75 and a twelve month high of $43.20.

CNO Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 1.62%. The ex-dividend date was Monday, March 10th. CNO Financial Group's dividend payout ratio (DPR) is 17.11%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Royal Bank of Canada lifted their price objective on shares of CNO Financial Group from $40.00 to $45.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. BMO Capital Markets started coverage on CNO Financial Group in a report on Thursday, January 23rd. They set a "market perform" rating and a $38.00 price target on the stock. Keefe, Bruyette & Woods increased their price objective on CNO Financial Group from $42.00 to $44.00 and gave the stock a "market perform" rating in a report on Wednesday, February 12th. Finally, Piper Sandler lifted their target price on CNO Financial Group from $46.00 to $49.00 and gave the company an "overweight" rating in a research note on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $41.00.

Insider Activity at CNO Financial Group

In related news, insider Jeremy David Williams sold 3,393 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $41.77, for a total value of $141,725.61. Following the sale, the insider now directly owns 56,599 shares in the company, valued at $2,364,140.23. The trade was a 5.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Scott L. Goldberg sold 25,500 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $40.11, for a total transaction of $1,022,805.00. Following the sale, the insider now owns 169,342 shares of the company's stock, valued at $6,792,307.62. The trade was a 13.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 159,512 shares of company stock worth $6,497,710 over the last quarter. 3.00% of the stock is currently owned by company insiders.

CNO Financial Group Company Profile

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.