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
Phone317-817-6100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.31 billion
Profitability
Miscellaneous
Employees3,300
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable
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, February 21st. Investors of record on Monday, March 11th will be paid a dividend of $0.10 per share on Monday, March 25th. This represents a $0.40 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, March 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 of Directors has initiated a stock repurchase program on Sunday, June 4th 2017, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 8.3% of its shares through open market purchases. Shares repurchase programs are generally 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 results on Tuesday, February, 12th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.14. The financial services provider had revenue of $778.20 million for the quarter, compared to analysts' expectations of $981.90 million. CNO Financial Group had a positive return on equity of 7.57% and a negative net margin of 7.30%. The firm's revenue for the quarter was down 28.6% on a year-over-year basis. During the same period last year, the firm posted $0.51 EPS. View CNO Financial Group's Earnings History.
When is CNO Financial Group's next earnings date?
What price target have analysts set for CNO?
5 brokers have issued 1-year target prices for CNO Financial Group's stock. Their predictions range from $21.00 to $25.00. On average, they anticipate CNO Financial Group's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets for CNO Financial Group.
What is the consensus analysts' recommendation for CNO Financial Group?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNO Financial Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CNO Financial Group.
Has CNO Financial Group been receiving favorable news coverage?
News stories about CNO stock have trended somewhat positive on Wednesday, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. CNO Financial Group earned a news impact score of 1.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future.
Who are some of CNO Financial Group's key competitors?
What other stocks do shareholders of CNO Financial Group own?
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 51)
- Mr. Erik Magnus Helding, Exec. VP & CFO (Age 46)
- Mr. Bruce Baude, Exec. VP and Chief Operations & Technology Officer (Age 54)
- Mr. Eric R. Johnson, Exec. VP & Chief Investment Officer (Age 59)
- Mr. John Robert Kline CPA, Sr. VP & Chief Accounting Officer (Age 62)
Who are CNO Financial Group's major shareholders?
CNO Financial Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.56%), LSV Asset Management (3.68%), Paradice Investment Management LLC (2.61%), Northern Trust Corp (2.59%), Bank of New York Mellon Corp (1.75%) and Norges Bank (1.59%). Company insiders that own CNO Financial Group stock include Bruce K Baude, David Frederick Grant, Formed Fast International Inc, Matthew J Zimpfer and Stephen N David. 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 Bank of New York Mellon Corp, Victory Capital Management Inc., SG Americas Securities LLC, Boston Advisors LLC, Phocas Financial Corp., Barclays PLC, Nuveen Asset Management LLC and Paloma Partners Management Co. Company insiders that have sold CNO Financial Group company stock in the last year include Bruce K Baude and Matthew J Zimpfer. 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 Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, Prudential Financial Inc., Foresters Investment Management Company Inc., Millennium Management LLC, D. E. Shaw & Co. Inc. and Paradice Investment Management LLC. Company insiders that have bought CNO Financial Group stock in the last two years include Formed Fast International Inc and Stephen N David. 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 $16.48.
How big of a company is CNO Financial Group?
CNO Financial Group has a market capitalization of $2.65 billion and generates $4.31 billion in revenue each year. The financial services provider earns $-315,000,000.00 in net income (profit) each year or $1.83 on an earnings per share basis. CNO Financial Group employs 3,300 workers across the globe.
What is CNO Financial Group's official website?
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.
