CNO - CNO Financial Group Inc Stock Price, Fair Value and News

27.81USD+0.17 (+0.62%)Market Closed as of 09 May 2024, 09:45 am ET

Market Summary

USD27.81+0.17

Market Closedas of 09 May 2024, 09:45 am

0.62%

CNO Alerts

2 major insider sales recently.

Big jump in Earnings (Y/Y)

CNO Stock Price

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CNO RSI Chart

CNO Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

7.68

Price/Sales (Trailing)

0.7

EV/EBITDA

2.3

Price/Free Cashflow

5.02

CNO Price/Sales (Trailing)

CNO Profitability

EBT Margin

11.73%

Return on Equity

16.45%

Return on Assets

1.12%

Free Cashflow Yield

19.9%

CNO Fundamentals

CNO Revenue

Revenue (TTM)

4.3B

Rev. Growth (Yr)

14.96%

Rev. Growth (Qtr)

-1.2%

CNO Earnings

Earnings (TTM)

389.6M

Earnings Growth (Yr)

14.1K%

Earnings Growth (Qtr)

209.37%

Breaking Down CNO Revenue

52 Week Range

20.7827.81

(Low)(High)

Last 7 days

3.5%

Last 30 days

2.1%

Last 90 days

2.9%

Trailing 12 Months

29.5%

How does CNO drawdown profile look like?

CNO Financial Health

CNO Investor Care

Buy Backs (1Y)

5.49%

Diluted EPS (TTM)

3.43

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.3B	0	0	0
2023	3.7B	3.9B	3.9B	4.1B
2022	4.0B	3.7B	3.7B	3.6B
2021	4.1B	4.2B	4.1B	4.1B
2020	3.7B	3.7B	3.8B	3.8B
2019	4.3B	4.3B	3.7B	4.0B
2018	4.2B	4.2B	4.6B	4.3B
2017	4.1B	4.1B	4.2B	4.3B
2016	3.8B	3.8B	3.9B	4.0B
2015	4.0B	3.9B	3.8B	3.8B
2014	4.4B	4.4B	4.3B	4.1B
2013	4.4B	4.4B	4.4B	4.5B
2012	4.2B	4.2B	4.3B	4.3B
2011	4.1B	4.2B	4.1B	4.1B
2010	4.3B	4.1B	4.1B	4.1B
2009	0	4.2B	4.3B	4.3B
2008	0	0	0	4.2B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of CNO Financial Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 09, 2024	detoro karen	sold	-75,283	27.1	-2,778	president, worksite division
Apr 02, 2024	detoro karen	sold	-72,301	27.12	-2,666	president, worksite division
Apr 01, 2024	bhojwani gary c	sold	-551,743	27.314	-20,200	chief executive officer
Mar 28, 2024	bhojwani gary c	sold	-514,329	27.516	-18,692	chief executive officer
Mar 28, 2024	tarasi rocco f iii	sold	-82,500	27.5	-3,000	chief marketing officer
Mar 28, 2024	franzese yvonne k	sold	-197,910	27.4341	-7,214	evp and chro
Mar 26, 2024	detoro karen	sold	-35,210	26.94	-1,307	president, worksite division
Mar 26, 2024	bhojwani gary c	sold	-253,510	26.872	-9,434	chief executive officer
Mar 25, 2024	mcdonough paul h.	sold (taxes)	-311,603	26.86	-11,601	chief financial officer
Mar 25, 2024	zimpfer matthew j.	sold (taxes)	-202,820	26.86	-7,551	evp and general counsel

Which funds bought or sold CNO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Inspire Investing, LLC	sold off	-100	-382,593	-	-%
May 07, 2024	Paradice Investment Management LLC	reduced	-41.00	-8,455,850	11,730,700	2.04%
May 07, 2024	CIM INVESTMENT MANAGEMENT INC	unchanged	-	-6,163	403,269	0.12%
May 07, 2024	Swiss National Bank	reduced	-0.58	-129,258	6,084,070	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-55.55	-1,194,950	930,390	-%
May 07, 2024	SEI INVESTMENTS CO	added	11.76	299,784	3,279,710	-%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	reduced	-12.74	-310,938	1,902,170	0.02%
May 07, 2024	ASSETMARK, INC	reduced	-12.99	-22,174	132,866	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	1.59	1,000	1,688,000	-%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	unchanged	-	-13,868	907,362	-%

Are Funds Buying or Selling CNO?

Are funds buying CNO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CNO

No. of Funds

Unveiling CNO Financial Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.53%	14,056,668	SC 13G/A
Feb 12, 2024	fuller & thaler asset management, inc.	4.16%	4,671,119	SC 13G/A
Feb 09, 2024	pzena investment management llc	6.2%	6,982,684	SC 13G
Jan 23, 2024	blackrock inc.	14.0%	15,747,262	SC 13G/A
Feb 14, 2023	fuller & thaler asset management, inc.	6.37%	7,289,612	SC 13G/A
Feb 09, 2023	blackrock inc.	13.3%	15,179,705	SC 13G/A
Feb 09, 2023	vanguard group inc	12.13%	13,871,812	SC 13G/A
Jan 26, 2023	blackrock inc.	13.3%	15,179,705	SC 13G/A
Jan 23, 2023	pzena investment management llc	6.66%	7,627,617	SC 13G/A
Jan 20, 2023	blackrock inc.	13.3%	15,179,705	SC 13G/A

Recent SEC filings of CNO Financial Group Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	424B2	Prospectus Filed
May 08, 2024	FWP	Prospectus Filed
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	S-3ASR	S-3ASR
Apr 29, 2024	8-K	Current Report
Apr 09, 2024	144	Notice of Insider Sale Intent
Apr 09, 2024	4	Insider Trading
Apr 02, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading

Peers (Alternatives to CNO Financial Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	-3.06%	3200.44%	-4.9K	773.83	-10.27%	-34.69%
AJG	53.5B	10.6B	0.35%	13.39%	49.03	5.04	20.42%	-6.05%
AIG	53.0B	48.4B	2.59%	50.41%	10.98	1.1	-4.15%	-20.63%
TRV	49.8B	42.9B	-5.78%	18.24%	15.85	1.16	13.52%	12.15%
AFL	48.2B	19.3B	-0.38%	25.81%	9.01	2.49	3.03%	17.35%
ACGL	37.0B	13.6B	4.64%	29.15%	8.33	2.72	41.83%	201.02%
AFG	11.0B	8.0B	-2.14%	12.66%	12.42	1.37	11.14%	7.56%
MID-CAP
UNM	10.0B	12.6B	-1.30%	18.66%	7.54	0.79	4.24%	-13.40%
AIZ	9.2B	11.1B	-2.63%	35.17%	14.28	0.82	9.21%	132.28%
LNC	5.0B	11.9B	-5.15%	39.72%	3.69	0.42	-33.27%	234.43%
AEL	4.5B	2.8B	-0.20%	45.14%	21.34	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.9B	1.3B	8.10%	32.13%	-35.69	1.53	18.74%	30.90%
AMSF	908.7M	308.9M	-0.11%	-15.37%	14.73	2.94	3.79%	10.94%
AMBC	828.5M	314.0M	15.44%	22.21%	14.41	2.64	-29.20%	-88.19%
AAME	37.3M	186.8M	-15.67%	-17.10%	-218.34	0.2	-0.56%	-111.21%

CNO Financial Group Inc News

Latest updates

CNO Financial Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.2%	1,157	1,171	948	1,023	1,006	974	905	855	843	1,075	968	1,073	1,006	1,076	1,014	1,014	717	1,069	944	980	1,023
EBITDA Margin	14.1%	0.24*	0.21*	0.21*	0.21*	0.27*	0.34*	0.33*	0.30*	0.23*	0.22*	0.24*	0.24*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.5%	60.00	64.00	63.00	58.00	55.00	48.00	38.00	28.00	24.00	24.00	24.00	24.00	24.00	23.00	24.00	28.00	33.00	35.00	38.00	39.00	41.00
Income Taxes	245.9%	34.00	10.00	48.00	22.00	-0.20	11.00	52.00	67.00	57.00	32.00	28.00	24.00	43.00	32.00	37.00	23.00	-49.80	-170	12.00	10.00	14.00
Earnings Before Taxes	217.1%	146	46.00	216	96.00	-1.00	49.00	228	300	240	148	128	102	190	144	166	105	-71.00	107	54.00	48.00	66.00
EBT Margin	36.3%	0.12*	0.09*	0.09*	0.10*	0.15*	0.23*	0.25*	0.22*	0.16*	0.14*	0.14*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	209.4%	112	36.00	167	74.00	-0.80	38.00	176	233	183	116	100	78.00	147	112	129	82.00	-21.20	278	42.00	38.00	52.00
Net Income Margin	36.0%	0.09*	0.07*	0.07*	0.07*	0.12*	0.18*	0.19*	0.17*	0.12*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-46.5%	95.00	177	183	142	82.00	161	168	111	56.00	119	241	149	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.5%	34,940	35,103	33,507	34,054	34,015	33,133	33,037	33,836	35,468	36,204	35,714	35,520	34,660	35,340	34,569	33,980	32,735	33,613	33,280	32,716	32,314
Cash Equivalents	-26.9%	650	889	583	562	522	645	554	619	594	732	813	715	739	992	787	558	551	655	822	608	691
Liabilities	-1.0%	32,572	32,887	31,617	32,058	31,983	31,364	31,739	31,624	31,777	30,945	30,481	30,196	29,799	29,856	29,485	29,248	28,969	28,954	28,727	28,464	28,477
Shareholder's Equity	6.9%	2,368	2,216	1,890	1,996	2,032	1,769	1,863	2,128	2,818	3,685	5,233	5,324	4,861	5,484	5,084	4,731	3,766	4,677	4,553	4,252	3,838
Retained Earnings	5.0%	1,996	1,900	1,880	1,730	1,674	1,691	1,432	1,343	1,293	1,127	1,027	944	884	752	658	545	481	518	274	249	229
Additional Paid-In Capital	-2.1%	1,851	1,892	1,965	1,998	2,021	2,034	2,031	2,033	2,086	2,184	2,275	2,383	2,458	2,545	2,623	2,664	2,689	2,767	2,835	2,903	2,952
Shares Outstanding	-0.7%	109	109	112	114	115	114	114	116	119	128	131	133	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,600	-	-	-	2,000	-	-	-	3,000	-	-	-	2,200	-	-	-	2,600	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-46.5%	95.00	177	183	142	82.00	161	168	111	56.00	119	241	149	89.00	194	217	199	126	186	193	175	142
Cashflow From Investing	-132.3%	-23.60	73.00	-393	-145	-406	-213	-337	-220	-1,010	-730	-245	-216	-334	-178	-50.20	-201	-178	-354	8.00	-83.40	-126
Cashflow From Financing	-649.0%	-310	57.00	232	44.00	202	144	104	135	816	531	102	43.00	-8.40	190	62.00	10.00	-51.70	1.00	13.00	-175	19.00
Dividend Payments	3.6%	17.00	17.00	17.00	17.00	17.00	16.00	16.00	17.00	16.00	16.00	16.00	17.00	16.00	17.00	17.00	17.00	16.00	17.00	17.00	17.00	16.00
Buy Backs	-43.1%	40.00	70.00	40.00	30.00	26.00	10.00	10.00	60.00	110	101	115	87.00	103	100	50.00	30.00	88.00	77.00	75.00	55.00	44.00

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CNO Income Statement

2024-03-31

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Insurance policy income	$ 628.4	$ 625.5
Net investment income:
General account assets	301.9	292.2
Policyholder and other special-purpose portfolios	167.3	50.8
Investment gains (losses):
Realized investment losses	(10.0)	(14.6)
Other investment gains	17.8	0.0
Total investment gains (losses)	7.8	(14.6)
Fee revenue and other income	51.1	52.1
Total revenues	1,156.5	1,006.0
Benefits and expenses:
Insurance policy benefits	631.4	609.7
Liability for future policy benefits remeasurement (gain) loss	(6.4)	0.6
Change in fair value of market risk benefits	(13.7)	14.8
Interest expense	60.2	54.7
Amortization of deferred acquisition costs and present value of future profits	60.5	55.5
Other operating costs and expenses	278.3	271.7
Total benefits and expenses	1,010.3	1,007.0
Income (loss) before income taxes	146.2	(1.0)
Income tax expense (benefit) on period income (loss)	33.9	(0.2)
Net income (loss)	$ 112.3	$ (0.8)
Basic:
Weighted average shares outstanding (in shares)	108,964	114,545
Net income (loss) (in dollars per share)	$ 1.03	$ (0.01)
Diluted:
Weighted average shares outstanding (in shares)	110,845	114,545
Net income (loss) (in dollars per share)	$ 1.01	$ (0.01)

CNO Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Investments:
Fixed maturities, available for sale, at fair value (net of allowance for credit losses: March 31, 2024 - $39.0 and December 31, 2023 - $42.9; amortized cost: March 31, 2024 - $23,950.8 and December 31, 2023 - $23,699.2)	$ 21,648.1	$ 21,506.2
Equity securities at fair value	118.4	96.9
Mortgage loans (net of allowance for credit losses: March 31, 2024 - $16.6 and December 31, 2023 - $15.4)	2,087.1	2,064.1
Policy loans	130.3	128.5
Trading securities	222.8	222.7
Investments held by variable interest entities (net of allowance for credit losses: March 31, 2024 - $4.3 and December 31, 2023 - $3.1; amortized cost: March 31, 2024 - $547.2 and December 31, 2023 - $787.6)	533.4	768.6
Other invested assets	1,471.3	1,353.4
Total investments	26,211.4	26,140.4
Cash and cash equivalents - unrestricted	566.3	774.5
Cash and cash equivalents held by variable interest entities	83.5	114.5
Accrued investment income	252.0	251.5
Present value of future profits	175.5	180.7
Deferred acquisition costs	1,992.3	1,944.4
Reinsurance receivables (net of allowance for credit losses: March 31, 2024 - $3.0 and December 31, 2023 - $3.0)	3,969.0	4,040.7
Market risk benefit asset	84.1	75.4
Income tax assets, net	886.1	936.2
Assets held in separate accounts	3.3	3.1
Other assets	716.2	641.1
Total assets	34,939.7	35,102.5
Liabilities for insurance products:
Policyholder account balances	15,736.7	15,667.8
Future policy benefits	11,736.5	11,928.2
Market risk benefit liability	3.8	7.4
Liability for life insurance policy claims	65.1	62.1
Unearned and advanced premiums	226.0	218.9
Liabilities related to separate accounts	3.3	3.1
Other liabilities	905.0	848.8
Investment borrowings	2,189.1	2,189.3
Borrowings related to variable interest entities	565.5	820.8
Notes payable – direct corporate obligations	1,141.0	1,140.5
Total liabilities	32,572.0	32,886.9
Commitments and Contingencies
Shareholders' equity:
Common stock ($0.01 par value, 8,000,000,000 shares authorized, shares issued and outstanding: March 31, 2024 – 108,568,594; December 31, 2023 – 109,357,540)	1.1	1.1
Additional paid-in capital	1,851.2	1,891.5
Accumulated other comprehensive loss	(1,480.3)	(1,576.8)
Retained earnings	1,995.7	1,899.8
Total shareholders' equity	2,367.7	2,215.6
Total liabilities and shareholders' equity	$ 34,939.7	$ 35,102.5

About CNO Financial Group Inc

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, insurance products, and financial services for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on worksite and group sales for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed index annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. CNO Financial Group, Inc. markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company was founded in 1979 and is headquartered in Carmel, Indiana.

CEO	Mr. Gary Chandru Bhojwani
WEBSITE	cnoinc.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	3400

CNO Financial Group Inc Frequently Asked Questions

What is the ticker symbol for CNO Financial Group Inc? What does CNO stand for in stocks?

CNO is the stock ticker symbol of CNO Financial Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CNO Financial Group Inc (CNO)?

As of Wed May 08 2024, market cap of CNO Financial Group Inc is 2.99 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CNO stock?

You can check CNO's fair value in chart for subscribers.

What is the fair value of CNO stock?

You can check CNO's fair value in chart for subscribers. The fair value of CNO Financial Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CNO Financial Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CNO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CNO Financial Group Inc a good stock to buy?

The fair value guage provides a quick view whether CNO is over valued or under valued. Whether CNO Financial Group Inc is cheap or expensive depends on the assumptions which impact CNO Financial Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CNO.

What is CNO Financial Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, CNO's PE ratio (Price to Earnings) is 7.68 and Price to Sales (PS) ratio is 0.7. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CNO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CNO Financial Group Inc's stock?

In the past 10 years, CNO Financial Group Inc has provided 0.07 (multiply by 100 for percentage) rate of return.