CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments. The Bankers Life segment markets and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; and Medicare advantage and prescription drug plan products through various distribution and marketing agreements. The Washington National segment markets and distributes supplemental health insurance, including specified disease, accident, and hospital indemnity insurance products; and life insurance at home and the worksite through independent marketing organizations and insurance agencies. The Colonial Penn segment primarily markets graded benefit and simplified issue life insurance directly to customers through television advertising, direct mail, the Internet, and telemarketing. The Long-Term Care in Run Off segment engages in the long-term care business. The company sells its products through career agents, independent producers, and direct marketing. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.
Industry, Sector and Symbol
Industry Accident & health insurance
Sub-IndustryLife & Health Insurance
SectorFinance
SymbolNYSE:CNO
CUSIP12621E10
Phone317-817-6100
Debt
Debt-to-Equity Ratio0.55
Current Ratio0.15
Quick Ratio0.15
Price-To-Earnings
Trailing P/E Ratio9.76
Forward P/E Ratio9.76
P/E Growth1
Sales & Book Value
Annual Sales$4.30 billion
Price / Sales0.77
Cash Flow$3.5902 per share
Price / Cash5.49
Book Value$28.90 per share
Price / Book0.68
Profitability
EPS (Most Recent Fiscal Year)$2.02
Net Income$175.60 million
Net Margins4.67%
Return on Equity6.92%
Return on Assets1.01%
Miscellaneous
Employees3,300
Outstanding Shares167,360,000
CNO Financial Group (NYSE:CNO) Frequently Asked Questions
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 declared a quarterly dividend on Thursday, May 10th. Investors of record on Monday, June 11th will be paid a dividend of $0.10 per share on Monday, June 25th. This represents a $0.40 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend is Friday, June 8th. This is an increase from CNO Financial Group's previous quarterly dividend of $0.09. View CNO Financial Group's Dividend History.
How will CNO Financial Group's stock buyback program work?
CNO Financial Group declared that its Board of Directors has approved a share buyback plan on Sunday, June 4th 2017, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 8.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.
How were CNO Financial Group's earnings last quarter?
CNO Financial Group Inc (NYSE:CNO) issued its quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $0.44 EPS for the quarter, meeting the consensus estimate of $0.44. The financial services provider had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.01 billion. CNO Financial Group had a return on equity of 6.92% and a net margin of 4.67%. View CNO Financial Group's Earnings History.
When is CNO Financial Group's next earnings date?
What price target have analysts set for CNO?
6 equities research analysts have issued 1-year price objectives for CNO Financial Group's stock. Their forecasts range from $21.00 to $25.00. On average, they expect CNO Financial Group's share price to reach $23.40 in the next year. View Analyst Ratings for CNO Financial Group.
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:
- Mr. Gary Chandru Bhojwani, CEO & Director (Age 50)
- Mr. Erik Magnus Helding, Exec. VP & CFO (Age 45)
- Mr. Bruce Baude, Chief Operations & Technology Officer (Age 53)
- Mr. Eric R. Johnson, Exec. VP & Chief Investment Officer (Age 58)
- Mr. John Robert Kline CPA, Sr. VP & Chief Accounting Officer (Age 61)
Has CNO Financial Group been receiving favorable news coverage?
Press coverage about CNO stock has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CNO Financial Group earned a news impact score of 0.24 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 44.67 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are CNO Financial Group's major shareholders?
CNO Financial Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.64%), LSV Asset Management (3.46%), JPMorgan Chase & Co. (2.86%), Northern Trust Corp (2.54%), Paradice Investment Management LLC (2.24%) and Wells Fargo & Company MN (1.77%). Company insiders that own CNO Financial Group stock include Christopher J Nickele, David Frederick Grant, Edward J Bonach, Formed Fast International Inc, John R Kline, Neal C Schneider and Susan L Menzel. View Institutional Ownership Trends for CNO Financial Group.
Which institutional investors are selling CNO Financial Group stock?
CNO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Prudential Financial Inc., Federated Investors Inc. PA, BlackRock Inc., BNP Paribas Arbitrage SA, Hsbc Holdings PLC, Royal Bank of Canada and Thrivent Financial for Lutherans. View Insider Buying and Selling for CNO Financial Group.
Which institutional investors are buying CNO Financial Group stock?
CNO stock was purchased by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Allianz Asset Management GmbH, Allianz Asset Management GmbH, The Manufacturers Life Insurance Company , Russell Investments Group Ltd., LSV Asset Management, Matarin Capital Management LLC and Caisse DE Depot ET Placement DU Quebec. View Insider Buying and Selling for CNO Financial Group.
How do I buy shares of CNO Financial Group?
Shares of CNO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 stock can currently be purchased for approximately $19.71.
How big of a company is CNO Financial Group?
CNO Financial Group has a market capitalization of $3.36 billion and generates $4.30 billion in revenue each year. The financial services provider earns $175.60 million in net income (profit) each year or $2.02 on an earnings per share basis. CNO Financial Group employs 3,300 workers across the globe.
How can I contact CNO Financial Group?
CNO Financial Group's mailing address is 11825 NORTH PENNSYLVANIA STREET, CARMEL IN, 46032. The financial services provider can be reached via phone at 317-817-6100 or via email at [email protected]
MarketBeat Community Rating for CNO Financial Group (CNO)
MarketBeat's community ratings are surveys of what our community members think about CNO Financial Group and other stocks. Vote "Outperform" if you believe CNO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNO will underperform the S&P 500 over the long term. You may vote once every thirty days.
