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NYSE:CNOCNO Financial Group Stock Price, Forecast & News

$14.35
-0.24 (-1.64 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$14.12
Now: $14.35
$14.80
50-Day Range
$11.71
MA: $13.10
$15.06
52-Week Range
$8.79
Now: $14.35
$20.93
Volume1.62 million shs
Average Volume1.09 million shs
Market Capitalization$2.06 billion
P/E Ratio6.52
Dividend Yield3.07%
Beta1.3
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 underwrites, 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 underwrites, 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.23 out of 5 stars


Industry, Sector and Symbol

Industry Accident & health insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP12621E10
Phone317-817-6100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.02 billion
Cash Flow$3.64 per share
Book Value$30.94 per share

Profitability

Net Income$409.40 million

Miscellaneous

Employees3,300
Market Cap$2.06 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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CNO Financial Group (NYSE:CNO) Frequently Asked Questions

How has CNO Financial Group's stock been impacted by COVID-19 (Coronavirus)?

CNO Financial Group's stock was trading at $13.76 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CNO shares have increased by 4.3% and is now trading at $14.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CNO Financial Group.

When is CNO Financial Group's next earnings date?

CNO Financial Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for CNO Financial Group.

How were CNO Financial Group's earnings last quarter?

CNO Financial Group Inc (NYSE:CNO) posted its earnings results on Tuesday, May, 5th. The financial services provider reported $0.58 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.40 by $0.18. The financial services provider earned $717.20 million during the quarter, compared to the consensus estimate of $961.59 million. CNO Financial Group had a return on equity of 6.97% and a net margin of 9.07%. The company's revenue was down 29.9% on a year-over-year basis. During the same period last year, the firm posted $0.41 earnings per share. View CNO Financial Group's earnings history.

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 Friday, May 8th. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.12 per share on Wednesday, June 24th. This represents a $0.48 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Tuesday, June 9th. This is an increase from CNO Financial Group's previous quarterly dividend of $0.11. View CNO Financial Group's dividend history.

What price target have analysts set for CNO?

5 equities research analysts have issued twelve-month price objectives for CNO Financial Group's shares. Their forecasts range from $13.00 to $29.00. On average, they expect CNO Financial Group's stock price to reach $18.60 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price. View analysts' price targets for CNO Financial Group.

Has CNO Financial Group been receiving favorable news coverage?

News headlines about CNO stock have trended negative on Monday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CNO Financial Group earned a news sentiment score of -2.5 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCNO Financial Group.

Are investors shorting CNO Financial Group?

CNO Financial Group saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,960,000 shares, a drop of 11.0% from the April 30th total of 4,450,000 shares. Based on an average trading volume of 1,670,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.8% of the company's stock are sold short. View CNO Financial Group's Current Options Chain.

Who are some of CNO Financial Group's key competitors?

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), Invesco (IVZ), Precigen (PGEN), AbbVie (ABBV), Abbott Laboratories (ABT), CenterPoint Energy (CNP), CSX (CSX), Gilead Sciences (GILD), IBM (IBM) and International Paper (IP).

Who are CNO Financial Group's key executives?

CNO Financial Group's management team includes the following people:
  • Mr. Gary Chandru Bhojwani, CEO & Director (Age 51)
  • Mr. Bruce Keating Baude, Exec. VP and Chief Operations & Technology Officer (Age 54)
  • Mr. Eric Ronald Johnson, Chief Investment Officer (Age 59)
  • Mr. Matthew Joseph Zimpfer, Gen. Counsel (Age 52)
  • Mr. Paul Harrington McDonough, Chief Financial Officer (Age 54)

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.09%), Pzena Investment Management LLC (5.73%), Fuller & Thaler Asset Management Inc. (4.57%), Wellington Management Group LLP (4.54%), State Street Corp (3.92%) and Paradice Investment Management LLC (3.90%). Company insiders that own CNO Financial Group stock include Bruce K Baude, Charles J Jacklin, Dan Maurer, Ellyn L Brown, Erik M Helding, Frederick James Sievert, Gary C Bhojwani, Gerardo Monroy, Joel H Schwartz, Matthew J Zimpfer, Paul H Mcdonough and Stephen N David. View institutional ownership trends for CNO Financial Group.

Which major investors are selling CNO Financial Group stock?

CNO stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., Wellington Management Group LLP, Nuveen Asset Management LLC, SG Americas Securities LLC, Canada Pension Plan Investment Board, Fuller & Thaler Asset Management Inc., and UBS Group AG. Company insiders that have sold CNO Financial Group company stock in the last year include Frederick James Sievert, and Joel H Schwartz. View insider buying and selling activity for CNO Financial Group.

Which major investors are buying CNO Financial Group stock?

CNO stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Pzena Investment Management LLC, JPMorgan Chase & Co., Retirement Systems of Alabama, Massachusetts Financial Services Co. MA, Kestrel Investment Management Corp, AJO LP, and AQR Capital Management LLC. Company insiders that have bought CNO Financial Group stock in the last two years include Bruce K Baude, Charles J Jacklin, Dan Maurer, Ellyn L Brown, Gary C Bhojwani, Paul H Mcdonough, and Stephen N David. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CNO Financial Group's stock price today?

One share of CNO stock can currently be purchased for approximately $14.35.

How big of a company is CNO Financial Group?

CNO Financial Group has a market capitalization of $2.06 billion and generates $4.02 billion in revenue each year. The financial services provider earns $409.40 million in net income (profit) each year or $1.80 on an earnings per share basis. CNO Financial Group employs 3,300 workers across the globe.

What is CNO Financial Group's official website?

The official website for CNO Financial Group is www.cnoinc.com.

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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff

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