CNO Financial Group (CNO) Scheduled to Post Quarterly Earnings on Monday

CNO Financial Group (NYSE:CNO) will post its quarterly earnings results after the market closes on Monday, April 29th. Analysts expect CNO Financial Group to post earnings of $0.64 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

CNO Financial Group (NYSE:CNO) last posted its quarterly earnings data on Tuesday, February 6th. The financial services provider reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.33. CNO Financial Group had a return on equity of 17.51% and a net margin of 6.67%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $934.05 million. On average, analysts expect CNO Financial Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CNO Financial Group Stock Down 0.2 %

CNO opened at $26.40 on Friday. CNO Financial Group has a one year low of $19.95 and a one year high of $28.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.19 and a current ratio of 0.19. The stock’s fifty day moving average is $26.61 and its 200-day moving average is $26.29. The company has a market capitalization of $2.88 billion, a PE ratio of 10.95 and a beta of 1.03.

CNO Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend was Thursday, March 7th. CNO Financial Group’s dividend payout ratio is presently 24.90%.

Insider Buying and Selling

In other news, CFO Paul H. Mcdonough sold 10,828 shares of CNO Financial Group stock in a transaction on Monday, March 18th. The stock was sold at an average price of $26.36, for a total transaction of $285,426.08. Following the transaction, the chief financial officer now owns 192,134 shares in the company, valued at $5,064,652.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Yvonne K. Franzese sold 7,214 shares of CNO Financial Group stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $27.43, for a total transaction of $197,880.02. Following the transaction, the executive vice president now owns 46,632 shares in the company, valued at $1,279,115.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Paul H. Mcdonough sold 10,828 shares of CNO Financial Group stock in a transaction on Monday, March 18th. The shares were sold at an average price of $26.36, for a total value of $285,426.08. Following the transaction, the chief financial officer now owns 192,134 shares in the company, valued at approximately $5,064,652.24. The disclosure for this sale can be found here. Insiders have sold 152,590 shares of company stock worth $4,116,255 in the last three months. 3.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Evercore ISI boosted their price objective on CNO Financial Group from $26.00 to $27.00 and gave the stock an “underperform” rating in a research note on Wednesday, February 28th. Royal Bank of Canada lifted their target price on CNO Financial Group from $29.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, February 8th. Piper Sandler upgraded CNO Financial Group from a “neutral” rating to an “overweight” rating and set a $29.00 target price on the stock in a report on Tuesday, April 16th. Finally, StockNews.com cut CNO Financial Group from a “buy” rating to a “hold” rating in a report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $27.50.

CNO Financial Group Company Profile

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.