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

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNO Financial Group in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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.

5 brokerages have issued 12-month target prices for CNO Financial Group's stock. Their CNO share price forecasts range from $24.00 to $29.00. On average, they predict the company's share price to reach $25.25 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for CNO or view top-rated stocks among Wall Street analysts.

CNO Financial Group's stock was trading at $22.85 on January 1st, 2023. Since then, CNO shares have increased by 0.0% and is now trading at $22.86.
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CNO Financial Group saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,780,000 shares, an increase of 13.9% from the August 31st total of 2,440,000 shares. Based on an average daily trading volume, of 617,100 shares, the short-interest ratio is presently 4.5 days. Approximately 2.5% of the shares of the company are sold short.
View CNO Financial Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our CNO earnings forecast.

CNO Financial Group, Inc. (NYSE:CNO) posted its earnings results on Monday, July, 31st. The financial services provider reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.69 by $0.15. The financial services provider had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $915.17 million. CNO Financial Group had a trailing twelve-month return on equity of 14.49% and a net margin of 5.66%.

CNO Financial Group declared a quarterly dividend on Wednesday, August 9th. Investors of record on Friday, September 8th will be paid a dividend of $0.15 per share on Friday, September 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for CNO.

ETFs with the largest weight of CNO Financial Group (NYSE:CNO) stock in their portfolio include SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap Value with Momentum ETF (XMVM), Hartford Multifactor Small Cap ETF (ROSC), Syntax Stratified MidCap ETF (SMDY) and iShares U.S. Insurance ETF (IAK).Avantis US Small Cap Equity ETF (AVSC).

CNO Financial Group (NYSE:CNO) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.53%. 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 31.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNO will have a dividend payout ratio of 20.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNO.

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.

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).

CNO Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNO."

Shares of CNO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CNO stock can currently be purchased for approximately $22.86.

CNO Financial Group (NYSE:CNO) has a market capitalization of $2.58 billion and generates $3.58 billion in revenue each year. The financial services provider earns $396.80 million in net income (profit) each year or $1.91 on an earnings per share basis.

The company employs 3,400 workers across the globe.

CNO Financial Group's mailing address is 11825 NORTH PENNSYLVANIA STREET, CARMEL IN, 46032. The official website for the company is www.cnoinc.com. The financial services provider can be reached via phone at (317) 817-6100, via email at jennifer.childe@cnoinc.com, or via fax at 317-817-2847.