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

26.89USD+0.28 (+1.05%)Market Closed

Market Summary

USD26.89+0.28

Market Closed

1.05%

CNO Alerts

3 major insider sales recently.

CNO Stock Price

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CNO RSI Chart

CNO Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

10.49

Price/Sales (Trailing)

0.7

EV/EBITDA

2.33

Price/Free Cashflow

4.98

CNO Price/Sales (Trailing)

CNO Profitability

EBT Margin

8.60%

Return on Equity

12.48%

Return on Assets

0.79%

Free Cashflow Yield

20.1%

CNO Fundamentals

CNO Revenue

Revenue (TTM)

4.1B

Rev. Growth (Yr)

20.22%

Rev. Growth (Qtr)

23.54%

CNO Earnings

Earnings (TTM)

276.5M

Earnings Growth (Yr)

-4.47%

Earnings Growth (Qtr)

-78.3%

Breaking Down CNO Revenue

Last 7 days

3.9%

Last 30 days

0.2%

Last 90 days

-3.2%

Trailing 12 Months

21.1%

How does CNO drawdown profile look like?

CNO Financial Health

CNO Investor Care

Buy Backs (1Y)

4.58%

Diluted EPS (TTM)

2.41

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

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
Apr 23, 2024	FIFTH THIRD BANCORP	added	1.8	107	40,423	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	-10,000	643,000	0.02%
Apr 23, 2024	AMALGAMATED BANK	reduced	-11.74	-237,000	1,577,000	0.01%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	256	11,322	-%
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	-13,230	865,620	0.02%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-3.17	404,243	3,324,010	0.02%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-14.68	-292,975	1,542,320	-%
Apr 22, 2024	DONALDSON CAPITAL MANAGEMENT, LLC	unchanged	-	-8,407	550,095	0.02%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-4.35	-20,000	326,000	-%
Apr 19, 2024	DENALI ADVISORS LLC	added	87.92	353,730	769,440	0.23%

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

CNO Alerts

3 major insider sales recently.

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
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	144	Notice of Insider Sale Intent
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 28, 2024	144	Notice of Insider Sale Intent
Mar 28, 2024	144	Notice of Insider Sale Intent

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%	3133.49%	-4.8K	757.88	-10.27%	-34.69%
AJG	51.6B	10.1B	-3.50%	14.70%	53.16	5.12	17.79%	-12.97%
AIG	51.0B	46.8B	-1.87%	44.64%	14.01	1.09	-14.05%	-64.38%
TRV	49.1B	42.9B	-4.52%	19.64%	15.63	1.14	13.52%	12.15%
AFL	48.3B	18.7B	-0.51%	26.71%	10.37	2.58	-2.30%	5.45%
ACGL	35.1B	13.6B	3.42%	29.33%	7.9	2.57	41.83%	201.02%
AFG	10.8B	7.8B	-1.14%	7.71%	12.73	1.39	11.18%	-5.12%
MID-CAP
UNM	9.9B	12.4B	-0.67%	27.01%	7.73	0.8	3.35%	-8.77%
AIZ	9.2B	11.1B	-1.85%	50.47%	14.27	0.82	9.21%	132.28%
LNC	4.9B	11.6B	-2.51%	35.58%	-6.48	0.42	-38.09%	-155.38%
AEL	4.5B	2.8B	0.20%	50.67%	21.22	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.2B	-4.27%	12.40%	-18.68	1.38	24.25%	-115.79%
AMSF	974.0M	306.9M	2.19%	-3.93%	15.68	3.17	4.11%	11.70%
AMBC	661.7M	269.0M	-3.43%	-7.17%	147.04	2.46	-46.68%	-99.14%
AAME	39.2M	186.8M	-30.94%	-16.16%	-229.08	0.21	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	23.5%	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	778
EBITDA Margin	-2.6%	0.21*	0.21*	0.24*	0.29*	0.37*	0.36*	0.32*	0.25*	0.24*	0.24*	0.24*	0.26*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.8%	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	40.00
Income Taxes	-79.7%	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	9.00
Earnings Before Taxes	-78.6%	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	37.00
EBT Margin	-5.4%	0.09*	0.09*	0.10*	0.16*	0.23*	0.25*	0.22*	0.16*	0.14*	0.14*	0.14*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	-78.3%	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	28.00
Net Income Margin	-5.3%	0.07*	0.07*	0.07*	0.12*	0.18*	0.19*	0.17*	0.12*	0.11*	0.11*	0.11*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	-3.3%	177	183	142	82.00	161	168	111	56.00	119	241	149	89.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	4.8%	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	31,437
Cash Equivalents	52.5%	889	583	562	522	645	554	619	594	732	813	715	739	992	787	558	551	655	822	608	691	657
Liabilities	4.0%	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	28,069
Shareholder's Equity	17.2%	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	3,371
Retained Earnings	1.0%	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	194
Additional Paid-In Capital	-3.8%	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	2,995
Shares Outstanding	-2.5%	109	112	114	115	114	114	116	119	128	131	133	134	-	-	-	-	-	-	-	-	-
Float	-	-	-	2,600	-	-	-	2,000	-	-	-	3,000	-	-	-	2,200	-	-	-	2,600	-	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-3.3%	177	183	142	82.00	161	168	111	56.00	119	241	149	89.00	194	217	199	126	186	193	175	142	203
Cashflow From Investing	118.6%	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	-211
Cashflow From Financing	-75.6%	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	69.00
Dividend Payments	-1.2%	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	16.00
Buy Backs	75.8%	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	41.00

CNO Income Statement

2023-12-31

CONSOLIDATED STATEMENT OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Insurance policy income	$ 2,505.5	$ 2,499.8	$ 2,523.4
Net investment income (loss):
General account assets	1,250.2	1,179.0	1,140.2
Policyholder and other special-purpose portfolios	249.5	(163.1)	280.5
Investment gains (losses):
Realized investment gains (losses)	(69.3)	(17.9)	21.3
Other investment gains (losses)	0.3	(117.5)	(2.2)
Total investment gains (losses)	(69.0)	(135.4)	19.1
Fee revenue and other income	210.6	196.5	159.0
Total revenues	4,146.8	3,576.8	4,122.2
Benefits and expenses:
Insurance policy benefits	2,318.2	1,615.4	2,188.1
Liability for future policy benefits remeasurement loss	(21.2)	(15.6)	(51.3)
Change in fair value of market risk benefits	(21.3)	(140.2)	(23.1)
Interest expense	238.6	137.0	95.4
Amortization of deferred acquisition costs and present value of future profits	227.4	212.8	198.2
Other operating costs and expenses	1,048.3	950.9	981.8
Total benefits and expenses	3,790.0	2,760.3	3,389.1
Income before income taxes	356.8	816.5	733.1
Income tax expense	80.3	185.9	162.8
Net income	$ 276.5	$ 630.6	$ 570.3
Basic:
Weighted average shares outstanding (in shares)	113,275	115,733	128,400
Net income (in USD per share)	$ 2.44	$ 5.45	$ 4.44
Diluted:
Weighted average shares outstanding (in shares)	115,124	117,717	131,126
Net income (in USD per share)	$ 2.40	$ 5.36	$ 4.35

CNO Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturities, available for sale, at fair value (net of allowance for credit losses: 2023 - $42.9 and 2022 - $56.0; amortized cost: 2023 - $23,699.2 and 2022 - $23,384.2)	$ 21,506.2	$ 20,353.4
Equity securities at fair value	96.9	135.3
Mortgage loans (net of allowance for credit losses: 2023 - $15.4 and 2022 - $8.0)	2,064.1	1,411.9
Policy loans	128.5	121.6
Trading securities	222.7	207.9
Investments held by variable interest entities (net of allowance for credit losses: 2023 - $3.1 and 2022 - $5.5; amortized cost: 2023 - $787.6 and 2022 - $1,134.2)	768.6	1,077.6
Other invested assets	1,353.4	1,034.7
Total investments	26,140.4	24,342.4
Cash and cash equivalents - unrestricted	774.5	575.7
Cash and cash equivalents held by variable interest entities	114.5	69.2
Accrued investment income	251.5	235.6
Present value of future profits	180.7	203.7
Deferred acquisition costs	1,944.4	1,770.9
Reinsurance receivables (net of allowance for credit losses: 2023 - $3.0 and 2022 - $2.0)	4,040.7	4,223.4
Market risk benefit asset	75.4	65.3
Income tax assets, net	936.2	1,063.4
Assets held in separate accounts	3.1	2.7
Other assets	641.1	580.8
Total assets	35,102.5	33,133.1
Liabilities for insurance products:
Policyholder account balances	15,667.8	15,234.2
Future policy benefits	11,928.2	11,240.2
Market risk benefit liability	7.4	11.3
Liability for life insurance policy claims	62.1	64.1
Unearned and advanced premiums	218.9	235.0
Liabilities related to separate accounts	3.1	2.7
Other liabilities	848.8	693.9
Investment borrowings	2,189.3	1,639.5
Borrowings related to variable interest entities	820.8	1,104.6
Notes payable – direct corporate obligations	1,140.5	1,138.8
Total liabilities	32,886.9	31,364.3
Commitments and Contingencies
Shareholders' equity:
Common stock ($0.01 par value, 8,000,000,000 shares authorized, shares issued and outstanding: 2023 - 109,357,540 and 2022 - 114,343,070)	1.1	1.1
Additional paid-in capital	1,891.5	2,033.8
Accumulated other comprehensive loss	(1,576.8)	(1,957.3)
Retained earnings	1,899.8	1,691.2
Total shareholders' equity	2,215.6	1,768.8
Total liabilities and shareholders' equity	$ 35,102.5	$ 33,133.1

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 Tue Apr 23 2024, market cap of CNO Financial Group Inc is 2.9 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 Tue Apr 23 2024, CNO's PE ratio (Price to Earnings) is 10.49 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 0.062 (multiply by 100 for percentage) rate of return.