About CNO Financial Group (NYSE:CNO)

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
SymbolNYSE:CNO
CUSIP12621E10
Phone317-817-6100
Debt
Debt-to-Equity Ratio0.53%
Current Ratio0.15%
Quick Ratio0.15%
Price-To-Earnings
Trailing P/E Ratio12.24
Forward P/E Ratio11.15
P/E Growth1.11
Sales & Book Value
Annual Sales$4.30 billion
Price / Sales0.88
Cash Flow$3.6575 per share
Price / Cash6.19
Book Value$28.90 per share
Price / Book0.78
Profitability
EPS (Most Recent Fiscal Year)$2.02
Net Income$175.60 million
Net Margins4.09%
Return on Equity6.63%
Return on Assets0.97%
Miscellaneous
Employees3,300
Outstanding Shares166,880,000
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 announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Friday, March 9th will be given a dividend of $0.09 per share on Friday, March 23rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, March 8th. View CNO Financial Group's Dividend History.
How will CNO Financial Group's stock buyback program work?
CNO Financial Group declared that its board has authorized a share buyback program on Sunday, June 4th 2017, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 8.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.
How were CNO Financial Group's earnings last quarter?
CNO Financial Group (NYSE:CNO) released its quarterly earnings data on Tuesday, February, 13th. The financial services provider reported $0.61 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.20. The financial services provider earned $1.09 billion during the quarter. CNO Financial Group had a net margin of 4.09% and a return on equity of 6.63%. View CNO Financial Group's Earnings History.
When is CNO Financial Group's next earnings date?
What price target have analysts set for CNO?
7 Wall Street 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 year. View Analyst Ratings for CNO Financial Group.
Who are some of CNO Financial Group's key competitors?
Some companies that are related to CNO Financial Group include Gaming and Leisure Properties (GLPI), AGNC Investment (AGNC), Sun Communities (SUI), Brown & Brown (BRO), Signature Bank (SBNY), Virtu Financial (VIRT), Invitation Homes (INVH), Banco Macro (BMA), CIT Group (CIT), Lazard (LAZ), Cullen/Frost Bankers (CFR), Kilroy Realty (KRC), Ares Capital (ARCC), Commerce Bancshares (CBSH), Vici Properties (VICI), BOK Financial (BOKF), Eaton Vance (EV) and W. P. Carey (WPC).
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, Exec. VP and 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 this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CNO Financial Group earned a media sentiment score of 0.15 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.40 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
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 $22.64.
How big of a company is CNO Financial Group?
CNO Financial Group has a market capitalization of $3.78 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 (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.
CNO Financial Group (NYSE:CNO) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for CNO Financial Group in the last 12 months. Their average twelve-month price target is $23.40, suggesting that the stock has a possible upside of 3.36%. The high price target for CNO is $25.00 and the low price target for CNO is $21.00. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Hold | Hold | Hold | Hold |
Consensus Rating Score: | 2.29 | 2.29 | 2.11 | 2.00 |
Ratings Breakdown: | 1 Sell Rating(s) 3 Hold Rating(s) 3 Buy Rating(s) 0 Strong Buy Rating(s) | 1 Sell Rating(s) 3 Hold Rating(s) 3 Buy Rating(s) 0 Strong Buy Rating(s) | 1 Sell Rating(s) 6 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) | 1 Sell Rating(s) 6 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $23.40 | $23.40 | $22.00 | $21.6667 |
Price Target Upside: | 3.36% upside | 4.65% upside | 10.13% downside | 11.09% downside |
CNO Financial Group (NYSE:CNO) Consensus Price Target History

CNO Financial Group (NYSE:CNO) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
CNO Financial Group (NYSE:CNO) Dividend Information
CNO Financial Group pays an annual dividend of $0.36 per share, with a dividend yield of 1.59%. CNO's most recent quarterly dividend payment was Friday, March 23. The company has grown its dividend for the last 5 consecutive years and is increasing its dividend by an average of 13.40% each year. CNO Financial Group pays out 17.82% of its earnings out as a dividend.
Most Recent Dividend: | 3/23/2018 |
Annual Dividend: | $0.36 |
Dividend Yield: | 1.59% |
Dividend Growth: | 13.40% (3 Year Average) |
Payout Ratio: | 17.82% (Trailing 12 Months of Earnings) 17.73% (Based on This Year's Estimates) 16.51% (Based on Next Year's Estimates)
|
Track Record: | 5 Years of Consecutive Dividend Growth |
Frequency: | Quarterly Dividend |
CNO Financial Group (NYSE:CNO) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
2/22/2018 | quarterly | $0.09 | 1.58% | 3/8/2018 | 3/9/2018 | 3/23/2018 |
11/17/2017 | quarterly | $0.09 | 1.51% | 12/8/2017 | 12/11/2017 | 12/26/2017 |
8/10/2017 | quarterly | $0.09 | 1.53% | 9/8/2017 | 9/11/2017 | 9/25/2017 |
5/11/2017 | quarterly | $0.09 | 1.69% | 6/7/2017 | 6/9/2017 | 6/23/2017 |
2/27/2017 | quarterly | $0.08 | 1.52% | 3/8/2017 | 3/10/2017 | 3/24/2017 |
11/18/2016 | quarterly | $0.08 | 1.83% | 12/7/2016 | 12/9/2016 | 12/23/2016 |
8/11/2016 | quarterly | $0.08 | 2.07% | 9/7/2016 | 9/9/2016 | 9/23/2016 |
5/5/2016 | quarterly | $0.08 | 1.74% | 6/8/2016 | 6/10/2016 | 6/24/2016 |
2/25/2016 | quarterly | $0.07 | 1.6% | 3/8/2016 | 3/10/2016 | 3/24/2016 |
11/13/2015 | quarterly | $0.07 | 1.44% | 12/8/2015 | 12/10/2015 | 12/24/2015 |
8/13/2015 | quarterly | $0.07 | 1.53% | 9/8/2015 | 9/10/2015 | 9/24/2015 |
5/7/2015 | quarterly | $0.07 | 1.57% | 6/8/2015 | 6/10/2015 | 6/24/2015 |
2/27/2015 | quarterly | $0.06 | 1.48% | 3/6/2015 | 3/10/2015 | 3/24/2015 |
11/13/2014 | quarterly | $0.06 | 1.35% | 12/8/2014 | 12/10/2014 | 12/24/2014 |
8/6/2014 | quarterly | $0.06 | 1.47% | 9/8/2014 | 9/10/2014 | 9/24/2014 |
5/7/2014 | quarterly | $0.06 | 1.44% | 6/6/2014 | 6/10/2014 | 6/24/2014 |
3/4/2014 | quarterly | $0.06 | 1.26% | 3/12/2014 | 3/14/2014 | 3/24/2014 |
11/14/2013 | quarterly | $0.03 | 0.73% | 12/6/2013 | 12/10/2013 | 12/24/2013 |
7/31/2013 | quarterly | $0.03 | 0.82% | 9/6/2013 | 9/10/2013 | 9/24/2013 |
5/8/2013 | quarterly | $0.03 | 1.01% | 6/6/2013 | 6/10/2013 | 6/24/2013 |
2/28/2013 | quarterly | $0.02 | 0.74% | 3/7/2013 | 3/11/2013 | 3/25/2013 |
(Data available from 1/1/2013 forward)
CNO Financial Group (NYSE CNO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 97.09%
CNO Financial Group (NYSE CNO) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
10/16/2017 | David Frederick Grant | Insider | Sell | 65,000 | $0.11 | $7,150.00 | | |
6/16/2017 | Formed Fast International Inc. | Insider | Buy | 10,000 | $0.13 | $1,300.00 | | |
6/7/2017 | Formed Fast International Inc. | Insider | Buy | 48,500 | $0.15 | $7,275.00 | | |
6/2/2017 | Formed Fast International Inc. | Insider | Buy | 20,000 | $0.14 | $2,800.00 | | |
5/30/2017 | Formed Fast International Inc. | Insider | Buy | 50,000 | $0.13 | $6,500.00 | | |
5/25/2017 | Formed Fast International Inc. | Insider | Buy | 50,000 | $0.14 | $7,000.00 | | |
5/24/2017 | Formed Fast International Inc. | Insider | Buy | 37,500 | $0.14 | $5,250.00 | | |
5/23/2017 | Formed Fast International Inc. | Insider | Buy | 1,500 | $0.12 | $180.00 | | |
5/19/2017 | Formed Fast International Inc. | Insider | Buy | 35,000 | $0.12 | $4,200.00 | | |
5/18/2017 | Formed Fast International Inc. | Insider | Buy | 52,500 | $0.12 | $6,300.00 | | |
5/17/2017 | Formed Fast International Inc. | Insider | Buy | 35,000 | $0.11 | $3,850.00 | | |
3/8/2017 | Edward J Bonach | CEO | Sell | 25,583 | $20.63 | $527,777.29 | 480,431 | |
3/6/2017 | John R Kline | SVP | Sell | 13,500 | $20.84 | $281,340.00 | 54,796 | |
3/3/2017 | Christopher J Nickele | EVP | Sell | 32,600 | $21.08 | $687,208.00 | 80,158 | |
2/28/2017 | Neal C Schneider | Director | Sell | 29,382 | $21.07 | $619,078.74 | 90,273 | |
11/15/2016 | Susan L Menzel | EVP | Sell | 79,500 | $17.50 | $1,391,250.00 | 1,960 | |
6/23/2016 | Christopher J Nickele | EVP | Sell | 24,996 | $19.25 | $481,173.00 | 74,975 | |
5/26/2016 | John R Kline | SVP | Sell | 25,000 | $20.15 | $503,750.00 | 40,371 | |
5/19/2016 | Bruce K Baude | EVP | Sell | 62,890 | $19.32 | $1,215,034.80 | 115,878 | |
5/11/2016 | Matthew J Zimpfer | EVP | Sell | 43,500 | $19.28 | $838,680.00 | 134,810 | |
5/10/2016 | Edward J Bonach | CEO | Sell | 35,000 | $18.70 | $654,500.00 | 510,431 | |
11/2/2015 | Scott R Perry | Insider | Sell | 11,000 | $19.72 | $216,920.00 | 281,497 | |
6/8/2015 | Christopher J Nickele | EVP | Sell | 97,707 | $18.16 | $1,774,359.12 | | |
5/27/2015 | Matthew J Zimpfer | EVP | Sell | 39,200 | $18.07 | $708,344.00 | | |
5/21/2015 | Neal C Schneider | Director | Sell | 30,000 | $18.42 | $552,600.00 | | |
5/14/2015 | Christopher Trenton Melnyk | Director | Buy | 8,000 | $0.07 | $560.00 | | |
3/20/2015 | Christopher J Nickele | EVP | Sell | 31,118 | $17.30 | $538,341.40 | | |
3/20/2015 | Roger Keith Long | Director | Sell | 9,694 | $17.29 | $167,609.26 | | |
2/18/2015 | Roger Keith Long | Director | Sell | 232,557 | $16.92 | $3,934,864.44 | | |
12/15/2014 | Christopher Trenton Melnyk | Director | Buy | 2,000 | $0.0950 | $190.00 | | |
12/2/2014 | Roger Keith Long | Director | Sell | 80,590 | $17.08 | $1,376,477.20 | | |
11/19/2014 | John R Kline | SVP | Sell | 20,000 | $17.49 | $349,800.00 | | |
11/17/2014 | Scott R Perry | Insider | Sell | 6,000 | $17.83 | $106,980.00 | | |
11/6/2014 | Roger Keith Long | Director | Sell | 70,000 | $18.27 | $1,278,900.00 | | |
8/29/2014 | Roger Keith Long | Director | Sell | 10,000 | $17.90 | $179,000.00 | | |
8/21/2014 | Roger Keith Long | Director | Sell | 15,000 | $17.72 | $265,800.00 | | |
8/20/2014 | Roger Keith Long | Director | Sell | 132,100 | $17.29 | $2,284,009.00 | | |
8/18/2014 | Roger Keith Long | Director | Sell | 100,000 | $17.21 | $1,721,000.00 | | |
8/13/2014 | Roger Keith Long | Director | Sell | 25,000 | $16.69 | $417,250.00 | | |
8/12/2014 | Roger Keith Long | Director | Sell | 75,000 | $16.67 | $1,250,250.00 | | |
8/7/2014 | Edward J Bonach | CEO | Sell | 76,333 | $16.36 | $1,248,807.88 | | |
3/31/2014 | Roger Keith Long | Director | Sell | 60,000 | $18.01 | $1,080,600.00 | 88,465 | |
3/26/2014 | Roger Keith Long | Director | Sell | 14,808 | $18.73 | $277,353.84 | 88,465 | |
3/24/2014 | Roger Keith Long | Director | Sell | 9,924 | $19.27 | $191,235.48 | 88,465 | |
3/20/2014 | Christopher Nickele | Insider | Sell | 50,100 | $19.13 | $958,413.00 | 165,172 | |
3/20/2014 | Roger Keith Long | Director | Sell | 107,100 | $18.94 | $2,028,474.00 | 88,465 | |
3/17/2014 | Roger Keith Long | Director | Sell | 60,000 | $18.64 | $1,118,400.00 | 88,465 | |
3/13/2014 | Roger Keith Long | Director | Sell | 81,000 | $18.72 | $1,516,320.00 | 88,465 | |
3/7/2014 | Roger Keith Long | Director | Sell | 311,900 | $18.85 | $5,879,315.00 | 88,465 | |
3/5/2014 | Edward Bonach | CEO | Sell | 109,500 | $18.72 | $2,049,840.00 | 431,639 | |
11/8/2013 | Roger Keith Long | Director | Sell | 165,000 | $16.00 | $2,640,000.00 | 88,465 | |
11/1/2013 | Matthew J Zimpfer | EVP | Sell | 58,000 | $15.46 | $896,680.00 | | |
10/31/2013 | Roger Keith Long | Director | Sell | 150,000 | $15.61 | $2,341,500.00 | | |
9/23/2013 | Roger Keith Long | Director | Sell | 20,000 | $14.02 | $280,400.00 | 103,465 | |
9/16/2013 | Roger Keith Long | Director | Sell | 50,000 | $14.60 | $730,000.00 | 123,465 | |
9/10/2013 | Susan L Menzel | EVP | Sell | 75,000 | $14.73 | $1,104,750.00 | | |
9/9/2013 | Christopher J Nickele | Insider | Sell | 100,100 | $14.60 | $1,461,460.00 | | |
8/15/2013 | Roger Keith Long | Director | Sell | 65,000 | $14.69 | $954,850.00 | 123,465 | |
8/1/2013 | Roger Keith Long | Director | Sell | 77,000 | $14.57 | $1,121,890.00 | | |
7/31/2013 | Edward J Bonach | CEO | Sell | 43,000 | $14.39 | $618,770.00 | | |
7/31/2013 | Matthew J Zimpfer | EVP | Sell | 60,000 | $14.49 | $869,400.00 | | |
6/4/2013 | Roger Keith Long | Director | Sell | 20,400 | $12.44 | $253,776.00 | | |
5/10/2013 | Matthew J Zimpfer | EVP | Sell | 24,000 | $11.90 | $285,600.00 | | |
11/2/2012 | Edward J Bonach | CEO | Sell | 50,000 | $9.30 | $465,000.00 | | |
(Data available from 1/1/2013 forward)
CNO Financial Group (NYSE CNO) News Headlines
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CNO Financial Group (NYSE:CNO) SEC Filings
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CNO Financial Group (NYSE:CNO) Income Statement, Balance Sheet and Cash Flow Statement
CNO Financial Group (NYSE CNO) Stock Chart for Sunday, April, 22, 2018
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