Last 7 days
1.3%
Last 30 days
2.3%
Last 90 days
5.5%
Trailing 12 Months
23.6%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-19 | Bhojwani Gary C | sold | -499,992 | 24.00 | -20,833 | chief executive officer |
2023-09-19 | Goldberg Scott L. | sold | -96,000 | 24.00 | -4,000 | president, consumer division |
2023-09-08 | Bhojwani Gary C | sold | -499,997 | 23.00 | -21,739 | chief executive officer |
2023-08-11 | Bhojwani Gary C | gifted | - | - | -11,227 | chief executive officer |
2023-07-26 | TARASI ROCCO F III | sold | -19,125 | 25.5 | -750 | chief marketing officer |
2023-07-19 | TARASI ROCCO F III | sold | -18,750 | 25.00 | -750 | chief marketing officer |
2023-06-20 | TARASI ROCCO F III | sold | -45,680 | 22.84 | -2,000 | chief marketing officer |
2023-06-18 | Linnenbringer Jeanne L. | sold (taxes) | -1,587 | 23.00 | -69.00 | chief operations officer |
2023-06-18 | KLINE JOHN R | sold (taxes) | -1,426 | 23.00 | -62.00 | svp, chief accounting officer |
2023-06-18 | Mead Michael E. | sold (taxes) | -3,059 | 23.00 | -133 | chief information officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 34.62 | 251 | 828 | -% |
2023-08-24 | Alberta Investment Management Corp | added | 3.28 | 1,032,810 | 11,194,600 | 0.11% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 11.7 | 286,893 | 1,784,720 | 0.02% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.68 | 122,814 | 3,349,330 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 9.26 | 75,000 | 526,000 | -% |
2023-08-21 | BOKF, NA | reduced | -9.13 | -492 | 15,551 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -80.18 | -466,470 | 125,525 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 1.06 | 944,525 | 13,042,500 | -% |
2023-08-15 | Caxton Associates LP | sold off | -100 | -646,617 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 09, 2022 | vanguard group inc | 11.08% | 13,660,551 | SC 13G/A | |
Feb 08, 2022 | fuller & thaler asset management, inc. | 5.68% | 6,999,775 | SC 13G | |
Feb 08, 2022 | dimensional fund advisors lp | 4.8% | 5,967,483 | SC 13G/A | |
Jan 31, 2022 | blackrock inc. | 11.9% | 14,614,072 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 19, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 19, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 19, 2023 | 4 | Insider Trading | |
Sep 19, 2023 | 4 | Insider Trading | |
Sep 08, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 08, 2023 | 4 | Insider Trading | |
Aug 14, 2023 | 4 | Insider Trading | |
Aug 10, 2023 | 8-K | Current Report | |
Aug 09, 2023 | 10-Q | Quarterly Report | |
Aug 03, 2023 | 13F-HR | Fund Holdings Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PGR | 83.5B | 55.3B | 7.95% | 14.06% | 47.86 | 1.51 | 11.39% | 104.72% |
MET | 50.0B | 70.6B | 6.68% | 1.60% | 22.49 | 0.71 | 4.01% | -58.32% |
AFL | 46.3B | 18.8B | 4.21% | 28.97% | 10.07 | 2.47 | -11.15% | 5.38% |
TRV | 38.7B | 38.7B | 4.54% | 6.04% | 17.31 | 1 | 8.33% | -37.32% |
PFG | 18.6B | 14.1B | 1.49% | 0.25% | 11.47 | 1.32 | -18.38% | -62.12% |
MID-CAP | ||||||||
UNM | 9.2B | 12.1B | 0.14% | 22.58% | 6.51 | 0.77 | 1.23% | 31.52% |
AIZ | 7.5B | 10.6B | 0.12% | -4.99% | 21.75 | 0.71 | 3.62% | -71.27% |
GNW | 2.7B | 7.5B | 3.00% | 49.36% | 5.07 | 0.36 | -1.40% | -38.58% |
CNO | 2.7B | 3.9B | 2.29% | 23.59% | 12.16 | 0.69 | 4.46% | -65.00% |
TRUP | 1.2B | 1.0B | 2.03% | -53.40% | -20.22 | 1.22 | 25.60% | -67.04% |
RGA | - | 16.8B | 7.62% | 15.52% | - | - | 3.86% | 92.43% |
SMALL-CAP | ||||||||
PLMR | 1.3B | 348.9M | 3.93% | -38.51% | 22.87 | 3.8 | 16.85% | 25.90% |
HMN | 1.2B | 1.4B | 3.21% | -21.40% | -111.97 | 0.86 | 3.44% | -114.81% |
JRVR | 559.0M | 901.0M | -0.73% | -39.67% | 12.05 | 0.62 | 14.76% | 164.17% |
7.1%
8.6%
3.6%
12.3%
62.3%
53.9%
20.4%
Y-axis is the maximum loss one would have experienced if CNO Financial Group was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 4.5% | 3,908 | 3,740 | 3,577 | 3,678 | 3,741 | 3,959 | 4,122 | 4,124 | 4,169 | 4,110 | 3,821 | 3,814 | 3,744 | 3,710 | 4,016 | 3,725 | 4,262 | 4,329 | 4,314 | 4,625 | 4,224 |
EBITDA | -100.0% | - | 885 | 1,091 | 1,121 | 1,069 | 942 | 983 | - | - | 1,009 | 757 | 697 | 598 | 550 | 694 | 653 | 61.00 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.24* | 0.30* | 0.30* | 0.50* | 0.24* | 0.24* | - | - | 0.25* | 0.20* | 0.18* | 0.16* | 0.15* | 0.17* | 0.18* | 0.01* | - | - | - | - |
Interest Expenses | 17.7% | 198 | 168 | 137 | 113 | 99.00 | 95.00 | 95.00 | 95.00 | 95.00 | 100 | 109 | 121 | 135 | 145 | 152 | 157 | 158 | 157 | 150 | 142 | 133 |
Earnings Before Taxes | -41.5% | 288 | 491 | 733 | 825 | 816 | 618 | 568 | 563 | 602 | 605 | 344 | 308 | 195 | 138 | 274 | 204 | -389 | -307 | -264 | -176 | 493 |
EBT Margin | -100.0% | - | 0.10* | 0.17* | 0.17* | 0.28* | 0.13* | 0.14* | 0.14* | 0.14* | 0.15* | 0.09* | 0.08* | 0.05* | 0.04* | 0.07* | - | - | - | - | - | - |
Net Income | -41.9% | 221 | 381 | 565 | 638 | 632 | 477 | 441 | 437 | 466 | 470 | 302 | 468 | 381 | 336 | 409 | 160 | -412 | -347 | -315 | -414 | 216 |
Net Income Margin | -100.0% | - | 0.08* | 0.13* | 0.13* | 0.22* | 0.10* | 0.11* | 0.11* | 0.11* | 0.11* | 0.08* | 0.12* | 0.10* | 0.09* | 0.10* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 521 | 495 | 454 | 527 | 565 | 598 | 673 | 649 | 699 | 736 | 728 | 704 | 680 | 697 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 0.1% | 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 | 31,437 | 31,647 | 32,472 |
Cash Equivalents | 7.6% | 562 | 522 | 645 | 554 | 619 | 594 | 732 | 813 | 715 | 739 | 992 | 787 | 558 | 551 | 655 | 822 | 608 | 691 | 657 | 596 | 746 |
Liabilities | 0.2% | 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 | 28,069 | 28,027 | 28,017 |
Shareholder's Equity | -1.8% | 1,996 | 2,032 | 1,769 | 1,298 | 2,128 | 2,818 | 3,685 | 5,233 | 5,324 | 4,861 | 5,484 | 5,084 | 4,731 | 3,766 | 4,659 | 4,553 | 4,252 | 3,838 | 3,371 | 3,620 | 4,455 |
Retained Earnings | 3.4% | 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 | 194 | 185 | 731 |
Additional Paid-In Capital | -1.1% | 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 | 2,995 | 3,030 | 3,022 |
Shares Outstanding | -1.1% | 114 | 115 | 114 | 114 | 116 | 119 | 120 | 126 | 131 | 134 | 135 | 141 | 143 | 146 | 148 | 154 | 159 | 161 | 162 | 165 | 166 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 5.9% | 552 | 521 | 495 | 454 | 527 | 565 | 598 | 673 | 649 | 699 | 736 | 728 | 704 | 680 | 697 | 714 | 392 | 388 | 318 | 299 | 591 |
Cashflow From Investing | 6.4% | -1,102 | -1,177 | -1,781 | -2,298 | -2,206 | -2,202 | -1,526 | -974 | -779 | -764 | -608 | -783 | -725 | -607 | -555 | -412 | -494 | -553 | -525 | -848 | -677 |
Cashflow From Financing | -15.6% | 494 | 585 | 1,199 | 1,586 | 1,584 | 1,492 | 668 | 327 | 287 | 253 | 210 | 21.00 | -28.30 | -213 | -143 | -74.70 | -35.30 | 131 | 107 | 274 | -107 |
Dividend Payments | 1.4% | 67.00 | 66.00 | 65.00 | 65.00 | 65.00 | 66.00 | 66.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 67.00 | 66.00 | 65.00 | 64.00 | 62.00 |
Buy Backs | -28.4% | 76.00 | 106 | 190 | 280 | 385 | 412 | 408 | 405 | 340 | 283 | 268 | 241 | 267 | 292 | 255 | 215 | 140 | 145 | 108 | 91.00 | 122 |
CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Insurance policy income | $ 628.3 | $ 625.6 | $ 1,253.8 | $ 1,250.6 |
Net investment income: | ||||
General account assets | 308.1 | 317.7 | 600.3 | 595.2 |
Policyholder and other special-purpose portfolios | 91.6 | (93.8) | 142.4 | (163.1) |
Investment gains (losses): | ||||
Realized investment gains (losses) | (21.8) | (7.0) | (36.4) | 11.8 |
Other investment losses | (13.5) | (41.8) | (13.5) | (93.3) |
Total investment losses | (35.3) | (48.8) | (49.9) | (81.5) |
Fee revenue and other income | 30.1 | 54.3 | 82.2 | 96.7 |
Total revenues | 1,022.8 | 855.0 | 2,028.8 | 1,697.9 |
Benefits and expenses: | ||||
Insurance policy benefits | 565.9 | 302.2 | 1,175.6 | 636.1 |
Liability for future policy benefits remeasurement loss | 8.3 | 0.3 | 8.9 | 7.3 |
Change in fair value of market risk benefits | (17.6) | (50.3) | (2.8) | (83.0) |
Interest expense | 57.6 | 27.8 | 112.3 | 51.6 |
Amortization | 56.0 | 52.7 | 111.5 | 105.0 |
Other operating costs and expenses | 256.5 | 222.5 | 528.2 | 440.8 |
Total benefits and expenses | 926.7 | 555.2 | 1,933.7 | 1,157.8 |
Income before income taxes | 96.1 | 299.8 | 95.1 | 540.1 |
Income tax expense on period income | 22.4 | 66.5 | 22.2 | 123.4 |
Net income | $ 73.7 | $ 233.3 | $ 72.9 | $ 416.7 |
Basic: | ||||
Weighted average shares outstanding (in shares) | 114,273 | 115,533 | 114,409 | 117,078 |
Net income (in dollars per share) | $ 0.64 | $ 2.02 | $ 0.64 | $ 3.56 |
Diluted: | ||||
Weighted average shares outstanding (in shares) | 115,650 | 117,286 | 116,189 | 119,144 |
Net income (in dollars per share) | $ 0.64 | $ 1.99 | $ 0.63 | $ 3.50 |
CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturities, available for sale, at fair value (net of allowance for credit losses: June 30, 2023 - $66.1 and December 31, 2022 - $56.0; amortized cost: June 30, 2023 - $23,630.5 and December 31, 2022 - $23,384.2) | $ 20,959.7 | $ 20,353.4 |
Equity securities at fair value | 96.4 | 135.3 |
Mortgage loans (net of allowance for credit losses: June 30, 2023 - $10.3 and December 31, 2022 - $8.0) | 1,825.9 | 1,411.9 |
Policy loans | 124.2 | 121.6 |
Trading securities | 218.9 | 207.9 |
Investments held by variable interest entities (net of allowance for credit losses: June 30, 2023 - $4.5 and December 31, 2022 - $5.5; amortized cost: June 30, 2023 - $982.2 and December 31, 2022 - $1,134.2) | 948.2 | 1,077.6 |
Other invested assets | 1,176.7 | 1,034.7 |
Total investments | 25,350.0 | 24,342.4 |
Cash and cash equivalents - unrestricted | 457.7 | 575.7 |
Cash and cash equivalents held by variable interest entities | 104.2 | 69.2 |
Accrued investment income | 242.1 | 235.6 |
Present value of future profits | 191.8 | 203.7 |
Deferred acquisition costs | 1,857.7 | 1,770.9 |
Reinsurance receivables (net of allowance for credit losses: June 30, 2023 - $2.0 and December 31, 2022 - $2.0) | 4,029.2 | 4,223.4 |
Market risk benefit asset | 66.0 | 65.3 |
Income tax assets, net | 1,007.1 | 1,063.4 |
Assets held in separate accounts | 3.0 | 2.7 |
Other assets | 745.1 | 580.8 |
Total assets | 34,053.9 | 33,133.1 |
Liabilities for insurance products: | ||
Policyholder account balances | 15,387.7 | 15,234.2 |
Future policy benefits | 11,479.6 | 11,240.2 |
Market risk benefit liability | 10.5 | 11.3 |
Liability for life insurance policy claims | 64.6 | 64.1 |
Unearned and advanced premiums | 233.6 | 235.0 |
Liabilities related to separate accounts | 3.0 | 2.7 |
Other liabilities | 898.9 | 693.9 |
Investment borrowings | 1,839.5 | 1,639.5 |
Borrowings related to variable interest entities | 1,001.0 | 1,104.6 |
Notes payable – direct corporate obligations | 1,139.7 | 1,138.8 |
Total liabilities | 32,058.1 | 31,364.3 |
Commitments and Contingencies | ||
Shareholders' equity: | ||
Common stock ($0.01 par value, 8,000,000,000 shares authorized, shares issued and outstanding: June 30, 2023 – 113,673,882; December 31, 2022 – 114,343,070) | 1.1 | 1.1 |
Additional paid-in capital | 1,997.9 | 2,033.8 |
Accumulated other comprehensive loss | (1,733.5) | (1,957.3) |
Retained earnings | 1,730.3 | 1,691.2 |
Total shareholders' equity | 1,995.8 | 1,768.8 |
Total liabilities and shareholders' equity | $ 34,053.9 | $ 33,133.1 |