CNO Financial Group (CNO) to Release Earnings on Monday

CNO Financial Group (NYSE:CNO - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $975.80 million for the quarter.

CNO Financial Group (NYSE:CNO - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.25. CNO Financial Group had a net margin of 9.08% and a return on equity of 17.20%. On average, analysts expect CNO Financial Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

CNO Financial Group Trading Down 0.4 %

Shares of CNO traded down $0.16 during mid-day trading on Friday, reaching $39.60. The stock had a trading volume of 302,199 shares, compared to its average volume of 704,665. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.22 and a quick ratio of 0.19. The business's fifty day moving average is $39.80 and its 200 day moving average is $38.61. CNO Financial Group has a 52-week low of $25.75 and a 52-week high of $43.20. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 10.57 and a beta of 0.90.

CNO Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.62%. CNO Financial Group's dividend payout ratio is currently 17.11%.

Insider Buying and Selling at CNO Financial Group

In related news, insider Yvonne K. Franzese sold 8,109 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $42.00, for a total value of $340,578.00. Following the sale, the insider now owns 38,540 shares of the company's stock, valued at $1,618,680. This trade represents a 17.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeremy David Williams sold 3,393 shares of CNO Financial Group stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $41.77, for a total transaction of $141,725.61. Following the completion of the transaction, the insider now owns 56,599 shares of the company's stock, valued at $2,364,140.23. This represents a 5.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 159,512 shares of company stock valued at $6,497,710 in the last quarter. Corporate insiders own 3.00% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. BMO Capital Markets started coverage on CNO Financial Group in a research note on Thursday, January 23rd. They issued a "market perform" rating and a $38.00 price target on the stock. Royal Bank of Canada boosted their price objective on CNO Financial Group from $40.00 to $45.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Piper Sandler raised their target price on CNO Financial Group from $46.00 to $49.00 and gave the company an "overweight" rating in a report on Wednesday, April 2nd. Finally, Keefe, Bruyette & Woods lifted their target price on CNO Financial Group from $42.00 to $44.00 and gave the company a "market perform" rating in a research report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $41.00.

About CNO Financial Group

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.