NYSE:CNO CNO Financial Group (CNO) Stock Forecast, Price & News $23.02 +1.32 (+6.08%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$22.13▼$23.0850-Day Range$20.48▼$23.0252-Week Range$16.56▼$26.35Volume1.04 million shsAverage Volume906,435 shsMarket Capitalization$2.64 billionP/E Ratio9.47Dividend Yield2.43%Price Target$25.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CNO Financial Group MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside9.7% Upside$25.25 Price TargetShort InterestHealthy2.58% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.18Upright™ Environmental ScoreNews Sentiment1.11Based on 4 Articles This WeekInsider TradingAcquiring Shares$187,539 Bought Last QuarterProj. Earnings Growth5.02%From $2.79 to $2.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsFinance Sector208th out of 874 stocksAccident & Health Insurance Industry2nd out of 4 stocks 1.1 Analyst's Opinion Consensus RatingCNO Financial Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.25, CNO Financial Group has a forecasted upside of 9.7% from its current price of $23.02.Amount of Analyst CoverageCNO Financial Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.58% of the float of CNO Financial Group has been sold short.Short Interest Ratio / Days to CoverCNO Financial Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CNO Financial Group has recently increased by 2.86%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldCNO Financial Group pays a meaningful dividend of 2.58%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCNO Financial Group has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of CNO Financial Group is 23.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CNO Financial Group will have a dividend payout ratio of 19.11% next year. This indicates that CNO Financial Group will be able to sustain or increase its dividend. Previous Next 4.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCNO Financial Group has received a 60.54% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pre-retirement counseling", "Life annuities", and "Life insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for CNO Financial Group is -0.18. Previous Next 3.4 News and Social Media Coverage News SentimentCNO Financial Group has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CNO Financial Group this week, compared to 3 articles on an average week.MarketBeat Follows2 people have added CNO Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CNO Financial Group insiders have bought 11.90% more of their company's stock than they have sold. Specifically, they have bought $187,539.00 in company stock and sold $167,592.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of CNO Financial Group is held by insiders.Percentage Held by Institutions96.15% of the stock of CNO Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CNO Financial Group are expected to grow by 5.02% in the coming year, from $2.79 to $2.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CNO Financial Group is 9.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.37.Price to Earnings Ratio vs. SectorThe P/E ratio of CNO Financial Group is 9.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.03.Price to Book Value per Share RatioCNO Financial Group has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CNO Financial Group (NYSE:CNO) StockCNO Financial Group, Inc. is an insurance holding company, which engages in developing, marketing, and administering health insurance, annuity, individual life insurance and other insurance products. It operates through the following segments: Bankers Life, Washington National, and Colonial Penn. The Bankers Life segment markets and distributes medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products to the middle-income senior market through a dedicated field force of career agents and sales managers supported by a network of community-based sales offices. The Washington National segment markets and distributes supplemental health including specified disease, accident and hospital indemnity insurance products and life insurance to middle-income consumers at home and at the worksite. The Colonial Penn segment markets primarily graded benefit and simplified issue life insurance directly to customers in the senior middle-income market through television advertising, direct mail, the Internet and telemarketing. The company was founded in 1979 and is headquartered in Carmel, IN.Read More Receive CNO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CNO Financial Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CNO Stock News HeadlinesMay 31, 2023 | finance.yahoo.comCNO (CNO) Down 1.9% Since Last Earnings Report: Can It Rebound?May 25, 2023 | finance.yahoo.comCNO Financial Group (NYSE:CNO) Is Paying Out A Larger Dividend Than Last YearJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 22, 2023 | americanbankingnews.comInsider Buying: CNO Financial Group, Inc. (NYSE:CNO) Director Buys $187,538.55 in StockMay 21, 2023 | finance.yahoo.comSteven Shebik Bought 40% More Shares In CNO Financial Group \May 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on CNO Financial Group (NYSE:CNO)May 20, 2023 | americanbankingnews.comZacks Research Equities Analysts Raise Earnings Estimates for CNO Financial Group, Inc. (NYSE:CNO)May 19, 2023 | finance.yahoo.comMIB Elects New Chair and Vice Chair to its BoardJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 19, 2023 | americanbankingnews.comQ1 2024 Earnings Forecast for CNO Financial Group, Inc. (NYSE:CNO) Issued By Zacks ResearchMay 11, 2023 | finance.yahoo.com4 Stocks to Watch on Dividend Hikes Amid Economic TurmoilMay 11, 2023 | finance.yahoo.comCNO Financial Group (NYSE:CNO) Will Pay A Larger Dividend Than Last Year At $0.15May 10, 2023 | finance.yahoo.comCNO Financial Group Announces Results from 2023 Annual Shareholder MeetingMay 10, 2023 | americanbankingnews.comCNO Financial Group (NYSE:CNO) Shares Gap Up After Dividend AnnouncementMay 8, 2023 | benzinga.comThinking about buying stock in Hilton Grand Vacations, Enviva, CNO Financial Group, Tesla, or NVIDIA?May 8, 2023 | finance.yahoo.comCNO Financial (CNO) Raises Dividend, Ups Share Buyback CapacityMay 8, 2023 | msn.com5 big stock buybacks: Apple's $90B bonanza; a new $3B repurchase at MetLifeMay 8, 2023 | msn.comCNO Financial announces additional $500M share repurchase authorizationMay 5, 2023 | msn.comCNO Financial declares $0.01 dividendMay 5, 2023 | finance.yahoo.comCNO Financial Group Announces Additional $500 Million to Securities Repurchase Authorization and Increase of Quarterly Dividend to $0.15May 4, 2023 | seekingalpha.comCNO Financial Group, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | finance.yahoo.comEarnings Miss: CNO Financial Group, Inc. Missed EPS And Analysts Are Revising Their ForecastsMay 4, 2023 | msn.comRBC Capital Reiterates CNO Financial Group (CNO) Outperform RecommendationMay 4, 2023 | americanbankingnews.comCNO Financial Group (NYSE:CNO) Shares Gap Down After Earnings MissMay 3, 2023 | markets.businessinsider.comWhat 7 Analyst Ratings Have To Say About CNO Finl GroupMay 3, 2023 | finance.yahoo.comCNO Financial's (CNO) Q1 Earnings Miss on Increased ExpensesMay 3, 2023 | americanbankingnews.comCNO Financial Group, Inc. (NYSE:CNO) Sees Significant Increase in Short InterestSee More Headlines CNO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNO Company Calendar Ex-Dividend for 3/24 Dividend3/09/2023Dividend Payable3/24/2023Last Earnings5/01/2023Today6/02/2023Ex-Dividend for 6/23 Dividend6/08/2023Dividend Payable6/23/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Accident & health insurance Sub-IndustryLife & Health Insurance SectorFinance Current SymbolNYSE:CNO CUSIP12621E10 CIK1224608 Webwww.cnoinc.com Phone(317) 817-6100Fax317-817-2847Employees3,400Year Founded1979Price Target and Rating Average Stock Price Forecast$25.25 High Stock Price Forecast$28.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+9.7%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.43 Trailing P/E Ratio9.47 Forward P/E Ratio8.25 P/E GrowthN/ANet Income$396.80 million Net Margins7.59% Pretax Margin7.38% Return on Equity16.21% Return on Assets0.84% Debt Debt-to-Equity Ratio1.47 Current Ratio0.19 Quick Ratio0.19 Sales & Book Value Annual Sales$3.58 billion Price / Sales0.74 Cash Flow$5.74 per share Price / Cash Flow4.01 Book Value$17.74 per share Price / Book1.30Miscellaneous Outstanding Shares114,550,000Free Float111,117,000Market Cap$2.64 billion OptionableOptionable Beta1.13 Social Links Key ExecutivesGary C. BhojwaniChief Executive Officer & DirectorJean LinnenbringerChief Operations OfficerPaul H. McDonoughChief Financial OfficerMike MeadChief Information Officer & Senior Vice PresidentPat CaseyChief Technology Officer & Vice PresidentKey CompetitorsUnum GroupNYSE:UNMGrupo Aval Acciones y ValoresNYSE:AVALF&G Annuities & LifeNYSE:FGCorporate Office Properties TrustNYSE:OFCProspect CapitalNASDAQ:PSECView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 12,886 shares on 6/1/2023Ownership: 0.020%ProShare Advisors LLCBought 381,080 shares on 5/26/2023Ownership: 0.333%Brandywine Global Investment Management LLCSold 567 shares on 5/25/2023Ownership: 0.251%Toroso Investments LLCBought 9,906 shares on 5/23/2023Ownership: 0.009%Putnam Investments LLCSold 3,750 shares on 5/22/2023Ownership: 0.084%View All Insider TransactionsView All Institutional Transactions CNO Stock - Frequently Asked Questions Should I buy or sell CNO Financial Group stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNO Financial Group in the last twelve months. There are currently 3 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. What is CNO Financial Group's stock price forecast for 2023? 4 analysts have issued 1-year price targets for CNO Financial Group's shares. Their CNO share price forecasts range from $24.00 to $28.00. On average, they predict the company's share price to reach $25.25 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price. View analysts price targets for CNO or view top-rated stocks among Wall Street analysts. How have CNO shares performed in 2023? CNO Financial Group's stock was trading at $22.85 at the start of the year. Since then, CNO stock has increased by 0.7% and is now trading at $23.01. View the best growth stocks for 2023 here. Are investors shorting CNO Financial Group? CNO Financial Group saw a drop in short interest in April. As of April 30th, there was short interest totaling 2,800,000 shares, a drop of 18.6% from the April 15th total of 3,440,000 shares. Based on an average daily trading volume, of 983,000 shares, the short-interest ratio is currently 2.8 days. Currently, 2.5% of the shares of the company are short sold. View CNO Financial Group's Short Interest. When is CNO Financial Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our CNO earnings forecast. How were CNO Financial Group's earnings last quarter? CNO Financial Group, Inc. (NYSE:CNO) posted its quarterly earnings data on Monday, May, 1st. The financial services provider reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.65 by $0.14. The financial services provider earned $1.01 billion during the quarter, compared to analysts' expectations of $926 million. CNO Financial Group had a trailing twelve-month return on equity of 16.21% and a net margin of 7.59%. CNO Financial Group's quarterly revenue was up 19.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.42 earnings per share. 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 Friday, May 5th. Shareholders of record on Friday, June 9th will be paid a dividend of $0.15 per share on Friday, June 23rd. This represents a $0.60 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Thursday, June 8th. This is a positive change from the stock's previous quarterly dividend of $0.14. Read our dividend analysis for CNO. What ETFs hold CNO Financial Group's stock? 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), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P MidCap 400 Pure Value ETF (RFV), Hartford Multifactor Small Cap ETF (ROSC), Syntax Stratified MidCap ETF (SMDY), iShares US Small Cap Value Factor ETF (SVAL) and Avantis U.S. Small Cap Value ETF (AVUV). Is CNO Financial Group a good dividend stock? CNO Financial Group (NYSE:CNO) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.58%. 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 23.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNO will have a dividend payout ratio of 19.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNO. What is Gary C. Bhojwani's approval rating as CNO Financial Group's CEO? 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. What other stocks do shareholders of CNO Financial Group own? 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). What is CNO Financial Group's stock symbol? CNO Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNO." Who are CNO Financial Group's major shareholders? CNO Financial Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.77%), Pzena Investment Management LLC (6.53%), LSV Asset Management (4.24%), Dimensional Fund Advisors LP (4.01%), State Street Corp (3.99%) and Franklin Resources Inc. (2.54%). Insiders that own company stock include Bruce K Baude, Charles J Jacklin, David B Foss, Frederick James Sievert, Gary C Bhojwani, John R Kline, Matthew J Zimpfer, Paul H Mcdonough, Robert C Greving, Scott L Goldberg and Steven E Shebik. View institutional ownership trends. How do I buy shares of CNO Financial Group? 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. Compare Top Brokerages Here. What is CNO Financial Group's stock price today? One share of CNO stock can currently be purchased for approximately $23.01. How much money does CNO Financial Group make? CNO Financial Group (NYSE:CNO) has a market capitalization of $2.64 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 $2.43 on an earnings per share basis. How many employees does CNO Financial Group have? The company employs 3,400 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 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. This page (NYSE:CNO) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CNO Financial Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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