CNO Financial Group Company Profile (NYSE:CNO)

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

CNO Financial Group announced a quarterly dividend on Thursday, August 10th. Shareholders of record on Monday, September 11th will be given a dividend of $0.09 per share on Monday, September 25th. This represents a $0.36 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Friday, September 8th. View CNO Financial Group's Dividend History.

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

CNO Financial Group, Inc. (NYSE:CNO) released its quarterly earnings data on Wednesday, April, 26th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.03. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.01 billion. CNO Financial Group had a return on equity of 5.74% and a net margin of 9.61%. The company's quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.26 earnings per share. View CNO Financial Group's Earnings History.

CNO Financial Group is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for CNO Financial Group.

8 brokerages have issued 1 year target prices for CNO Financial Group's shares. Their predictions range from $17.00 to $23.00. On average, they anticipate CNO Financial Group's stock price to reach $20.50 in the next twelve months. View Analyst Ratings for CNO Financial Group.

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. The company’s investments in technological innovations impress. 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 company’s second-quarter 2017 earnings surpassed the Zacks Consensus Estimate and grew year over year on higher revenues. However, its low market share in some product lines poses risk of limiting business opportunities going forward. Also, suspension of its share buyback plan might have affected its bottom line. Its margin is heavily affected by its high level of debt that increases the borrowing cost." (8/7/2017)
• 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)

Some companies that are related to CNO Financial Group include Voya Financial (VOYA), Athene Holding (ATH), StanCorp Financial Group (SFG), Symetra Financial (SYA), Phoenix Group Holdings (PHNX), Just Group PLC (JUST), Just Group PLC (JRP), Chesnara Plc (CSN), GWG Holdings (GWGH), Friends Life Group Ltd (RSL), Friends Life Group Ltd (FLG), Just Group PLC (JRG) and Protective Life Corp. (PL).

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

• Gary C. Bhojwani, 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

CNO Financial Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.87%), Vanguard Group Inc. (8.78%), Dimensional Fund Advisors LP (6.84%), State Street Corp (4.14%), JPMorgan Chase & Co. (3.83%) and Hotchkis & Wiley Capital Management LLC (3.16%). Company insiders that own CNO Financial Group stock include Bruce K Baude, Christopher J Nickele, Edward J Bonach, John R Kline, Matthew J Zimpfer, Neal C Schneider, Scott R Perry and Susan L Menzel. View Institutional Ownership Trends for CNO Financial Group.

CNO Financial Group's stock was sold by a variety of institutional investors in the last quarter, including Huber Capital Management LLC, Voya Investment Management LLC, Citigroup Inc., Hotchkis & Wiley Capital Management LLC, BlackRock Inc., Denver Investment Advisors LLC, Wells Fargo & Company MN and Artemis Investment Management LLP. Company insiders that have sold CNO Financial Group stock in the last year include Christopher J Nickele, Edward J Bonach, John R Kline, Neal C Schneider and Susan L Menzel. View Insider Buying and Selling for CNO Financial Group.

CNO Financial Group's stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, AJO LP, Dalton Greiner Hartman Maher & Co., Prudential Financial Inc., Bank of Montreal Can, LSV Asset Management, Ameriprise Financial Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for CNO Financial Group.

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.

One share of CNO Financial Group stock can currently be purchased for approximately $22.04.