
CNO Financial Group, Inc. (NYSE:CNO – Free Report) – DOWLING & PARTN lifted their FY2026 EPS estimates for CNO Financial Group in a research report issued on Wednesday, November 4th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will earn $5.58 per share for the year, up from their previous estimate of $4.75. The consensus estimate for CNO Financial Group’s current full-year earnings is $5.14 per share.
CNO Financial Group (NYSE:CNO – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.80. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.01 billion. CNO Financial Group had a net margin of 9.19% and a return on equity of 22.64%. During the same quarter last year, the company posted $1.29 earnings per share.
CNO has been the topic of several other research reports. Wall Street Zen raised shares of CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Capital One Financial set a $70.00 price objective on shares of CNO Financial Group in a report on Wednesday, August 26th. Keefe, Bruyette & Woods lifted their price objective on shares of CNO Financial Group from $53.00 to $57.00 and gave the company a “market perform” rating in a research note on Monday, August 3rd. Zacks Research raised shares of CNO Financial Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 20th. Finally, Weiss Ratings cut shares of CNO Financial Group from a “buy (a)” rating to a “buy (a-)” rating in a report on Friday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $56.00.
View Our Latest Stock Analysis on CNO Financial Group
CNO Financial Group Trading Down 2.4%
Shares of CNO stock opened at $56.32 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 1.95. The firm has a market cap of $5.21 billion, a P/E ratio of 12.86 and a beta of 0.80. The company has a 50 day moving average of $54.78 and a 200-day moving average of $48.78. CNO Financial Group has a 12-month low of $38.99 and a 12-month high of $59.15.
Insider Activity at CNO Financial Group
In other news, insider Karen J. Detoro sold 9,374 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $54.98, for a total value of $515,382.52. Following the completion of the sale, the insider directly owned 44,250 shares of the company’s stock, valued at approximately $2,432,865. This trade represents a 17.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeanne L. Linnenbringer sold 6,560 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $54.99, for a total value of $360,734.40. Following the completion of the transaction, the insider owned 34,188 shares of the company’s stock, valued at approximately $1,879,998.12. This trade represents a 16.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 47,995 shares of company stock valued at $2,641,336. Insiders own 3.44% of the company’s stock.
Hedge Funds Weigh In On CNO Financial Group
Large investors have recently made changes to their positions in the business. Lido Advisors LLC raised its stake in shares of CNO Financial Group by 15.1% in the third quarter. Lido Advisors LLC now owns 6,189 shares of the financial services provider’s stock worth $327,000 after buying an additional 811 shares during the period. Keybank National Association OH bought a new position in CNO Financial Group in the 3rd quarter worth $354,000. Fulcrum Asset Management LLP bought a new position in CNO Financial Group in the 3rd quarter worth $139,000. Brighton Jones LLC boosted its holdings in CNO Financial Group by 4.7% in the 3rd quarter. Brighton Jones LLC now owns 7,514 shares of the financial services provider’s stock worth $398,000 after buying an additional 339 shares during the period. Finally, Ethic Inc. increased its stake in CNO Financial Group by 57.4% in the 3rd quarter. Ethic Inc. now owns 12,239 shares of the financial services provider’s stock worth $648,000 after buying an additional 4,462 shares in the last quarter. 95.43% of the stock is currently owned by hedge funds and other institutional investors.
CNO Financial Group Company Profile
CNO Financial Group, Inc is a holding company for a group of insurance and financial services businesses focused on serving middle-income Americans, particularly individuals approaching or in retirement. Through its operating companies, CNO provides products designed to help customers protect income, manage health care expenses and prepare for retirement.
CNO’s principal brands include Bankers Life, Colonial Penn and Washington National. Its offerings include life insurance, annuities, supplemental health insurance, Medicare supplement insurance and other insurance products.
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