CNO Financial Group Company Profile (NYSE:CNO)

About CNO Financial Group (NYSE:CNO)

CNO Financial Group logoCNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company's segments include Bankers Life, Washington National and Colonial Penn. It sells health insurance, annuity, individual life insurance and other insurance products through three primary distribution channels: career agents, independent producers and direct marketing. The Company offers products in various categories, including health, annuities and life insurance. The health products include Medicare supplement, long-term care, prescription drug plan and Medicare advantage, supplemental health products and other health products. The annuities products include fixed index annuities and other fixed interest annuities. The life insurance products include interest-sensitive life products and traditional life products.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life & Health Insurance
  • Sub-Industry: Life & Health Insurance
  • Symbol: NYSE:CNO
  • CUSIP: 12621E10
  • Web:
  • Market Cap: $4.09877 billion
  • Outstanding Shares: 169,021,000
Average Prices:
  • 50 Day Moving Avg: $22.97
  • 200 Day Moving Avg: $21.67
  • 52 Week Range: $14.85 - $24.59
  • Trailing P/E Ratio: 10.80
  • Foreward P/E Ratio: 14.51
  • P/E Growth: 1.72
Sales & Book Value:
  • Annual Revenue: $4.15 billion
  • Price / Sales: 1.00
  • Book Value: $28.28 per share
  • Price / Book: 0.87
  • Annual Dividend: $0.36
  • Dividend Yield: 1.5%
  • EBITDA: $935.4 million
  • Net Margins: 9.61%
  • Return on Equity: 5.74%
  • Return on Assets: 0.81%
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 0.16%
  • Quick Ratio: 0.16%
  • Average Volume: 988,270 shs.
  • Beta: 1.2
  • Short Ratio: 1.56

Frequently Asked Questions for CNO Financial Group (NYSE:CNO)

What is CNO Financial Group's stock symbol?

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

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 Thursday, August 10th. Investors of record on Monday, September 11th will be paid a dividend of $0.09 per share on Monday, September 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Friday, September 8th. View CNO Financial Group's Dividend History.

How will CNO Financial Group's stock buyback program work?

CNO Financial Group announced that its board has approved a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 8.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

How were CNO Financial Group's earnings last quarter?

CNO Financial Group, Inc. (NYSE:CNO) announced its quarterly earnings results on Wednesday, April, 26th. The company reported $0.34 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.03. The business had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.01 billion. CNO Financial Group had a net margin of 9.61% and a return on equity of 5.74%. CNO Financial Group's revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the company posted $0.26 EPS. View CNO Financial Group's Earnings History.

When will CNO Financial Group make its next earnings announcement?

CNO Financial Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for CNO Financial Group.

Where is CNO Financial Group's stock going? Where will CNO Financial Group's stock price be in 2017?

7 brokers have issued 12-month price targets for CNO Financial Group's shares. Their predictions range from $19.00 to $23.00. On average, they expect CNO Financial Group's share price to reach $21.20 in the next twelve months. View Analyst Ratings for CNO Financial Group.

What are analysts saying about CNO Financial Group stock?

Here are some recent quotes from research analysts about CNO Financial Group stock:

  • 1. According to Zacks Investment Research, "CNO Financial's shares have outperformed the industry in last one year.  Consistent strong performance from its Washington National segment  has been boosting the top line significantly. Soiid liquidity has supported investment in key initiatives like agent productivity, geographic expansion, product launches, worksite platform distribution as well as enhancement of operating efficiencies and customer retention. In addition, it is strategizing to reduce long-term care exposure via run-off of existing non-performing businesses and increasing focus on growth of other potential business lines. Strong capital management supports its long-term growth. The stock has seen the Zacks Consensus Estimate for 2017 and 2018 earnings being revised upward in the past 60 days. However, the company's Long-term Care business continues to remain under pressure. Also its rising level of debt keeps weighing on the bottom line." (10/9/2017)
  • 2. Wells Fargo & Company analysts commented, "We are bringing down 2018E EPS to $1.68 from $1.70 and 2019E to $1.83 from $1.85 to reflect higher assumed corporate expenses. We think the weakness in CNO shares today (down 2.82% versus down 0.12% in S&P 500 and down 0.72% in S&P 500 Life and Health Insurance Index) was mostly due to the lack of a long-term care solution announcement, and the target of “modest” organic ROE improvement over the next several years." (6/5/2017)

Who are some of CNO Financial Group's key competitors?

Who are CNO Financial Group's key executives?

CNO Financial Group's management team includes the folowing people:

  • Gary C. Bhojwani, President, Chief Executive Officer, Director
  • Edward J. Bonach, Chief Executive Officer, Director
  • Erik M. Helding, Chief Financial Officer, Executive Vice President
  • Mike Heard, President - Washington National Segment
  • Joel Schwartz, President - Colonial Penn Segment
  • Bruce Baude, Chief Operations and Technology Officer, Executive Vice President
  • Matthew J. Zimpfer, Executive Vice President, General Counsel
  • Susan L. Menzel, Executive Vice President - Human Resources
  • Christopher J. Nickele, Executive Vice President, Chief Actuary
  • John R. Kline, Senior Vice President, Chief Accounting Officer

How do I buy CNO Financial Group stock?

Shares of CNO Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CNO Financial Group's stock price today?

One share of CNO Financial Group stock can currently be purchased for approximately $24.52.

MarketBeat Community Rating for CNO Financial Group (NYSE CNO)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  173 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about CNO Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CNO Financial Group (NYSE:CNO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $21.20 (13.54% downside)
Consensus Price Target History for CNO Financial Group (NYSE:CNO)
Price Target History for CNO Financial Group (NYSE:CNO)
Analysts' Ratings History for CNO Financial Group (NYSE:CNO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/14/2017Morgan StanleyDowngradeEqual Weight -> Underweight$21.00LowView Rating Details
6/20/2017Wells Fargo & CompanyReiterated RatingHoldLowView Rating Details
5/31/2017FBR & CoReiterated RatingOutperform$23.00LowView Rating Details
3/17/2017Keefe, Bruyette & WoodsSet Price TargetHold$22.00MediumView Rating Details
2/9/2017BTIG ResearchReiterated RatingHoldN/AView Rating Details
1/26/2017Citigroup Inc.Initiated CoverageNeutral$21.00N/AView Rating Details
1/23/2017Deutsche Bank AGBoost Price TargetHold$18.00 -> $19.00N/AView Rating Details
9/30/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$21.00 -> $17.00N/AView Rating Details
7/6/2016Evercore ISIInitiated CoverageHold$19.00N/AView Rating Details
12/21/2015Raymond James Financial, Inc.Initiated CoverageOutperform$20.50N/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for CNO Financial Group (NYSE:CNO)
Earnings by Quarter for CNO Financial Group (NYSE:CNO)
Earnings History by Quarter for CNO Financial Group (NYSE CNO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$0.39N/AView Earnings Details
4/26/2017Q1 2017$0.31$0.34$1.01 billion$1.07 billionViewN/AView Earnings Details
2/7/2017Q416$0.39$0.35$972.88 million$1.00 billionViewListenView Earnings Details
11/1/2016Q316$0.35$0.37$969.42 million$1.02 billionViewN/AView Earnings Details
7/26/2016Q216$0.35$0.35$961.56 million$1.00 billionViewN/AView Earnings Details
4/27/2016Q116$0.32$0.27$956.40 million$960.40 millionViewN/AView Earnings Details
2/10/2016Q415$0.37$0.52$976.90 million$969.60 millionViewListenView Earnings Details
10/28/2015Q315$0.34$0.30$971.24 million$904.50 millionViewListenView Earnings Details
7/29/2015Q2$0.34$0.34$967.47 million$640.10 millionViewListenView Earnings Details
4/29/2015Q115$0.32$0.30$984.80 million$978.30 millionViewN/AView Earnings Details
2/10/2015Q414$0.34$0.29$977.72 million$1,000.00 millionViewN/AView Earnings Details
7/28/2014Q114$0.31$0.29$991.89 million$1.09 billionViewN/AView Earnings Details
4/28/2014Q1 2014$0.28$0.28$1.05 billion$1.08 billionViewN/AView Earnings Details
2/11/2014Q413$0.29$0.33$1.08 billion$1.16 billionViewN/AView Earnings Details
10/28/2013Q313$0.28$0.33$1.07 billion$1.23 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for CNO Financial Group (NYSE:CNO)
2017 EPS Consensus Estimate: $1.57
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.30$0.33$0.32
Q2 20172$0.37$0.43$0.40
Q3 20172$0.38$0.42$0.40
Q4 20172$0.43$0.47$0.45
(Data provided by Zacks Investment Research)


Current Dividend Information for CNO Financial Group (NYSE:CNO)
Most Recent Dividend:9/25/2017
Annual Dividend:$0.36
Dividend Yield:1.47%
Dividend Growth:41.30% (3 Year Average)
Payout Ratio:15.72% (Trailing 12 Months of Earnings)
22.22% (Based on This Year's Estimates)
21.30% (Based on Next Year's Estimates)
Track Record:4 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for CNO Financial Group (NYSE:CNO)

Dividend History by Quarter for CNO Financial Group (NYSE CNO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CNO Financial Group (NYSE:CNO)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 95.01%
Insider Trades by Quarter for CNO Financial Group (NYSE:CNO)
Institutional Ownership by Quarter for CNO Financial Group (NYSE:CNO)
Insider Trades by Quarter for CNO Financial Group (NYSE:CNO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/8/2017Edward J BonachCEOSell25,583$20.63$527,777.29View SEC Filing  
3/6/2017John R KlineSVPSell13,500$20.84$281,340.00View SEC Filing  
3/3/2017Christopher J NickeleEVPSell32,600$21.08$687,208.00View SEC Filing  
2/28/2017Neal C SchneiderDirectorSell29,382$21.07$619,078.74View SEC Filing  
11/15/2016Susan L MenzelEVPSell79,500$17.50$1,391,250.00View SEC Filing  
6/23/2016Christopher J NickeleEVPSell24,996$19.25$481,173.00View SEC Filing  
5/26/2016John R KlineSVPSell25,000$20.15$503,750.00View SEC Filing  
5/19/2016Bruce K BaudeEVPSell62,890$19.32$1,215,034.80View SEC Filing  
5/11/2016Matthew J ZimpferEVPSell43,500$19.28$838,680.00View SEC Filing  
5/10/2016Edward J BonachCEOSell35,000$18.70$654,500.00View SEC Filing  
11/2/2015Scott R PerryInsiderSell11,000$19.72$216,920.00View SEC Filing  
6/8/2015Christopher J NickeleEVPSell97,707$18.16$1,774,359.12View SEC Filing  
5/27/2015Matthew J ZimpferEVPSell39,200$18.07$708,344.00View SEC Filing  
5/21/2015Neal C SchneiderDirectorSell30,000$18.42$552,600.00View SEC Filing  
3/20/2015Christopher J NickeleEVPSell31,118$17.30$538,341.40View SEC Filing  
3/20/2015Roger Keith LongDirectorSell9,694$17.29$167,609.26View SEC Filing  
2/18/2015Roger Keith LongDirectorSell232,557$16.92$3,934,864.44View SEC Filing  
12/15/2014Christopher Trenton MelnykDirectorBuy2,000$0.10$190.00
12/2/2014Roger Keith LongDirectorSell80,590$17.08$1,376,477.20View SEC Filing  
11/19/2014John R KlineSVPSell20,000$17.49$349,800.00View SEC Filing  
11/17/2014Scott R PerryInsiderSell6,000$17.83$106,980.00View SEC Filing  
11/6/2014Roger Keith LongDirectorSell70,000$18.27$1,278,900.00View SEC Filing  
8/29/2014Roger Keith LongDirectorSell10,000$17.90$179,000.00View SEC Filing  
8/21/2014Roger Keith LongDirectorSell15,000$17.72$265,800.00View SEC Filing  
8/20/2014Roger Keith LongDirectorSell132,100$17.29$2,284,009.00View SEC Filing  
8/18/2014Roger Keith LongDirectorSell100,000$17.21$1,721,000.00View SEC Filing  
8/13/2014Roger Keith LongDirectorSell25,000$16.69$417,250.00View SEC Filing  
8/12/2014Roger Keith LongDirectorSell75,000$16.67$1,250,250.00View SEC Filing  
8/7/2014Edward J BonachCEOSell76,333$16.36$1,248,807.88View SEC Filing  
3/31/2014Roger Keith LongDirectorSell60,000$18.01$1,080,600.00View SEC Filing  
3/26/2014Roger Keith LongDirectorSell14,808$18.73$277,353.84View SEC Filing  
3/24/2014Roger Keith LongDirectorSell9,924$19.27$191,235.48View SEC Filing  
3/20/2014Christopher NickeleInsiderSell50,100$19.13$958,413.00View SEC Filing  
3/20/2014Roger Keith LongDirectorSell107,100$18.94$2,028,474.00View SEC Filing  
3/17/2014Roger Keith LongDirectorSell60,000$18.64$1,118,400.00View SEC Filing  
3/13/2014Roger Keith LongDirectorSell81,000$18.72$1,516,320.00View SEC Filing  
3/7/2014Roger Keith LongDirectorSell311,900$18.85$5,879,315.00View SEC Filing  
3/5/2014Edward BonachCEOSell109,500$18.72$2,049,840.00View SEC Filing  
11/8/2013Roger Keith LongDirectorSell165,000$16.00$2,640,000.00View SEC Filing  
11/1/2013Matthew J ZimpferEVPSell58,000$15.46$896,680.00View SEC Filing  
10/31/2013Roger Keith LongDirectorSell150,000$15.61$2,341,500.00View SEC Filing  
9/23/2013Roger Keith LongDirectorSell20,000$14.02$280,400.00View SEC Filing  
9/16/2013Roger Keith LongDirectorSell50,000$14.60$730,000.00View SEC Filing  
9/10/2013Susan L MenzelEVPSell75,000$14.73$1,104,750.00View SEC Filing  
9/9/2013Christopher J NickeleInsiderSell100,100$14.60$1,461,460.00View SEC Filing  
8/15/2013Roger Keith LongDirectorSell65,000$14.69$954,850.00View SEC Filing  
8/1/2013Roger Keith LongDirectorSell77,000$14.57$1,121,890.00View SEC Filing  
7/31/2013Edward J BonachCEOSell43,000$14.39$618,770.00View SEC Filing  
7/31/2013Matthew J ZimpferEVPSell60,000$14.49$869,400.00View SEC Filing  
6/4/2013Roger Keith LongDirectorSell20,400$12.44$253,776.00View SEC Filing  
5/10/2013Matthew J ZimpferEVPSell24,000$11.90$285,600.00View SEC Filing  
11/2/2012Edward J BonachCEOSell50,000$9.30$465,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for CNO Financial Group (NYSE:CNO)
Latest Headlines for CNO Financial Group (NYSE:CNO)
DateHeadline logoBRIEF-CNO Financial Group amends and extends revolving credit facility - October 16 at 6:06 PM logoCNO Financial Group Amends and Extends Revolving Credit Facility - October 16 at 6:06 PM logoCNO Financial Group Announces Third Quarter 2017 Earnings Release Date - October 12 at 6:10 PM logoCNO Financial Group, Inc. (CNO) Downgraded to Hold at Zacks Investment Research - October 9 at 1:56 PM logoCNO Financial Group Receives Top Honors for Healthy Workplace Initiatives from ... - October 4 at 11:52 AM logoCNO Financial Group Receives Top Honors for Healthy Workplace Initiatives from the National Business Group on Health - October 3 at 5:06 AM logoContrasting CNO Financial Group (CNO) and Its Competitors - September 30 at 8:30 AM logoCNO Financial Group, Inc. (CNO) Given Average Rating of "Hold" by Brokerages - September 30 at 6:44 AM logoChina Life's Revenues Grow on Premiums, Higher Costs Hurt - September 29 at 9:19 PM logoRLI Corp.'s Premium Growth Impresses, Rising Costs a Woe - Nasdaq - September 28 at 12:20 AM logoHere's Why You Should Retain Unum Group (UNM) Stock Now? - September 27 at 7:18 PM logoWhy CNO Financial Group (CNO) Could Be a Top Value Stock Pick - September 27 at 7:18 PM logoETFs with exposure to CNO Financial Group, Inc. : September 25, 2017 - September 25 at 12:23 PM logoReviewing CNO Financial Group (CNO) and The Competition - September 23 at 10:24 AM logoCNO Financial Group, Inc. :CNO-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017 - September 22 at 9:49 AM logoFinancial Contrast: GWG Holdings (GWGH) versus CNO Financial Group (CNO) - September 21 at 10:13 AM logoCNO Financial Group, Inc. – Value Analysis (NYSE:CNO) : September 19, 2017 - September 19 at 11:21 PM logoCNO Financial Group Names Adam Auvil Vice President of Investor Relations - September 19 at 5:22 PM logoCNO Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : CNO-US : September 18, 2017 - September 18 at 5:25 PM logoReviewing Prudential Financial (PRU) & CNO Financial Group (CNO) - September 18 at 10:56 AM logoCNO Financial Group (CNO) vs. Aegon NV (AEG) Head-To-Head Survey - September 17 at 8:30 PM logoAnalyzing CNO Financial Group (CNO) and Its Competitors - September 14 at 12:26 AM logoComparing GWG Holdings (GWGH) & CNO Financial Group (CNO) - September 13 at 6:22 PM logoRadian Group on Growth Ground: Time to Retain the Stock - September 12 at 6:02 PM logoBankers Life Helps Raise More Than $430,000 for the Alzheimer's Association - September 11 at 6:01 PM logoCNO Financial Group (CNO) versus Prudential Public Limited (PUK) Head to Head Comparison - September 7 at 6:28 PM logoCNO Financial Group, Inc. (CNO) Receives Average Rating of "Hold" from Analysts - September 5 at 6:28 AM logo3 Best Value Bets Amid Catastrophe Loss Fear Among Insurers - August 30 at 6:27 PM logoWhy Is CNO Financial (CNO) Up 2.7% Since the Last Earnings Report? - August 29 at 5:45 PM logoHartford Financial's Growth Potential Hurt by Weak Segments - August 25 at 8:15 PM logoReviewing Aflac (AFL) & CNO Financial Group (CNO) - August 24 at 4:08 AM logoIs CNO Financial Group (CNO) Stock A Great Combo of Value and Growth? - August 21 at 5:08 PM logoWhy Should You Hold onto CNA Financial (CNA) Stock Now? - August 21 at 5:08 PM logoCNO Financial Group, Inc. (NYSE:CNO) Cut to Underweight at Morgan Stanley - August 14 at 7:38 AM logoSee what the IHS Markit Score report has to say about CNO Financial Group Inc. - August 12 at 4:52 PM logoIHS Markit Score upgrades CNO Financial Group Inc to 80 out of 100, ranking positively in two out of four IHS Markit categories. - August 11 at 5:48 PM logoCNO Financial Group, Inc. (NYSE:CNO) Given Average Rating of "Buy" by Brokerages - August 11 at 3:24 PM logoCNO Financial Group Names Jean Linnenbringer Senior Vice President of ... - August 10 at 6:37 PM logoCNO Financial Group Names Jean Linnenbringer Senior Vice President of Enterprise Operations - August 10 at 6:37 PM logoCNO Financial Group, Inc. (NYSE:CNO) Declares $0.09 Quarterly Dividend - August 10 at 5:28 PM logoMetLife Suffers From Declining Revenues, Spinoff Charges - August 9 at 5:34 PM logoCNO Financial Group Declares Quarterly Dividend - August 9 at 5:34 PM logoAnalyzing Sun Life Financial (SLF) and CNO Financial Group (CNO) - August 5 at 12:12 AM logoBoomers Eroding Confidence Further Redefines Retirement, Study Reports - August 3 at 5:13 PM logoEdited Transcript of CNO earnings conference call or presentation 27-Jul-17 3:00pm GMT - July 28 at 3:47 AM logoCNO Financial Group, Inc. 2017 Q2 - Results - Earnings Call Slides - July 27 at 10:43 PM logoCNO Financial (CNO) Beats Q2 Earnings & Revenue Estimates - July 27 at 5:42 PM logoCNO Financial (CNO) Beats Q2 Earnings & Revenue Estimates - July 27 at 5:42 PM logoCNO beats 2Q profit forecasts - July 27 at 3:28 AM logoCNO Financial Group Reports Second Quarter 2017 Results - July 26 at 5:59 PM



CNO Financial Group (CNO) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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