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
Stock Exchange NYSE
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 Ratio9.79
Forward P/E Ratio9.74
P/E GrowthN/A
Sales & Book Value
Annual Sales$4.30 billion
Price / Sales0.77
Cash Flow$3.6427 per share
Price / Cash5.43
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
Market Cap$3,323.70
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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Friday, June 8th. This is a positive change 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 announced that its Board of Directors has initiated a share repurchase plan on Sunday, June 4th 2017, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.3% of its stock through open market purchases. Stock buyback plans are usually an indication 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 data on Wednesday, April, 25th. The financial services provider reported $0.44 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.44. The financial services provider earned $1.01 billion during the quarter, compared to analyst estimates 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 analysts have issued 12-month target prices for CNO Financial Group's stock. Their forecasts range from $21.00 to $25.00. On average, they expect CNO Financial Group's stock price to reach $23.40 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Ratings for CNO Financial Group.
What is the consensus analysts' recommendation for CNO Financial Group?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNO Financial Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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?
News coverage about CNO stock has trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. 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 media sentiment score of 0.09 on Accern's scale. They also gave media stories about the financial services provider an impact score of 45.97 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 investors include Dalton Greiner Hartman Maher & Co. (0.52%), Boston Advisors LLC (0.14%), Scout Investments Inc. (0.11%), James Investment Research Inc. (0.08%), Clinton Group Inc. (0.07%) and Bank of Montreal Can (0.06%). 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 major investors are selling CNO Financial Group stock?
Which major investors are buying CNO Financial Group stock?
CNO stock was bought by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Clinton Group Inc., James Investment Research Inc., Xact Kapitalforvaltning AB and Bank of Montreal Can. 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 $19.78.
How big of a company is CNO Financial Group?
CNO Financial Group has a market capitalization of $3.32 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 (NYSE 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.
