CNO Financial Group - CNO Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNO Financial Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNO shares.
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4 brokers have issued twelve-month price targets for CNO Financial Group's shares. Their CNO share price forecasts range from $20.00 to $26.00. On average, they anticipate the company's stock price to reach $23.67 in the next year. This suggests that the stock has a possible downside of 7.0%.
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CNO Financial Group's stock was trading at $22.85 on January 1st, 2023. Since then, CNO stock has increased by 11.3% and is now trading at $25.44.
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CNO Financial Group saw a increase in short interest in December. As of December 30th, there was short interest totaling 2,590,000 shares, an increase of 9.3% from the December 15th total of 2,370,000 shares. Based on an average daily volume of 730,800 shares, the days-to-cover ratio is presently 3.5 days. Currently, 2.3% of the shares of the stock are short sold.
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CNO Financial Group will be holding an earnings conference call on Wednesday, February 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

CNO Financial Group, Inc. (NYSE:CNO) announced its quarterly earnings results on Tuesday, October, 26th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.11. The financial services provider had revenue of $968.30 million for the quarter. CNO Financial Group had a trailing twelve-month return on equity of 10.16% and a net margin of 12.76%. The firm's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.79 earnings per share.

CNO Financial Group announced a quarterly dividend on Wednesday, November 9th. Shareholders of record on Friday, December 9th will be given a dividend of $0.14 per share on Friday, December 23rd. This represents a $0.56 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for CNO.

CNO Financial Group (NYSE:CNO) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.22%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNO will have a dividend payout ratio of 24.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNO.

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.

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).

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

CNO Financial Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (6.67%), Paradice Investment Management LLC (2.12%), Retirement Systems of Alabama (0.34%), Russell Investments Group Ltd. (0.30%), Allspring Global Investments Holdings LLC (0.26%) and Foundry Partners LLC (0.23%). Insiders that own company stock include Bruce K Baude, Charles J Jacklin, Dan Maurer, David B Foss, Ellyn L Brown, Frederick James Sievert, Gary C Bhojwani, John R Kline, Matthew J Zimpfer, Paul H Mcdonough and Robert C Greving.
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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.
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One share of CNO stock can currently be purchased for approximately $25.44.

CNO Financial Group (NYSE:CNO) has a market capitalization of $2.91 billion and generates $4.12 billion in revenue each year. The financial services provider earns $441 million in net income (profit) each year or $3.93 on an earnings per share basis.

The company employs 3,350 workers across the globe.

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.