Key Points
- CEO Gary Bhojwani sold 31,430 shares on January 2 at an average price of $41.99 for about $1.32 million, cutting his ownership by 13.82% to 195,926 shares (≈$8.23M).
- Analyst sentiment is positive with a consensus "Moderate Buy" and an average target of $45, while several firms have raised ratings and targets (e.g., Piper Sandler to $50, Jefferies to $47).
- Company fundamentals: market cap ~$4.02 billion, P/E 14.74, 52‑week range $34.63–$44.01, and a $0.68 annual dividend (yield 1.6%, payout ratio 23.78%).
CNO Financial Group, Inc. (NYSE:CNO - Get Free Report) CEO Gary Bhojwani sold 31,430 shares of CNO Financial Group stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $41.99, for a total value of $1,319,745.70. Following the completion of the sale, the chief executive officer owned 195,926 shares of the company's stock, valued at approximately $8,226,932.74. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
CNO Financial Group Price Performance
Shares of CNO opened at $42.17 on Friday. The firm has a market cap of $4.02 billion, a PE ratio of 14.74 and a beta of 0.85. CNO Financial Group, Inc. has a 52-week low of $34.63 and a 52-week high of $44.01. The business's 50 day moving average price is $41.29 and its two-hundred day moving average price is $39.41. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.18 and a current ratio of 0.18.
CNO Financial Group (NYSE:CNO - Get Free Report) last released its quarterly earnings data on Friday, May 19th. The financial services provider reported $0.84 earnings per share for the quarter. CNO Financial Group had a net margin of 6.64% and a return on equity of 15.81%. The company had revenue of $968.30 million during the quarter. On average, equities analysts anticipate that CNO Financial Group, Inc. will post 3.83 EPS for the current year.
CNO Financial Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 10th were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, December 10th. This represents a $0.68 annualized dividend and a dividend yield of 1.6%. CNO Financial Group's dividend payout ratio is currently 23.78%.
Wall Street Analyst Weigh In
A number of analysts recently commented on CNO shares. Keefe, Bruyette & Woods boosted their target price on CNO Financial Group from $44.00 to $45.00 and gave the company a "market perform" rating in a research report on Thursday, October 9th. Wall Street Zen raised CNO Financial Group from a "hold" rating to a "buy" rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of CNO Financial Group in a research report on Wednesday, October 8th. Piper Sandler increased their target price on CNO Financial Group from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Tuesday, December 23rd. Finally, Jefferies Financial Group raised shares of CNO Financial Group from a "hold" rating to a "buy" rating and lifted their price target for the company from $42.00 to $47.00 in a research report on Monday, December 15th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, CNO Financial Group presently has a consensus rating of "Moderate Buy" and an average target price of $45.00.
View Our Latest Stock Report on CNO Financial Group
Institutional Investors Weigh In On CNO Financial Group
Institutional investors and hedge funds have recently bought and sold shares of the stock. Optiver Holding B.V. boosted its holdings in CNO Financial Group by 90.1% during the 3rd quarter. Optiver Holding B.V. now owns 637 shares of the financial services provider's stock worth $25,000 after acquiring an additional 302 shares during the last quarter. Smartleaf Asset Management LLC grew its position in CNO Financial Group by 353.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 743 shares of the financial services provider's stock worth $29,000 after purchasing an additional 579 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in CNO Financial Group in the 2nd quarter valued at about $32,000. First Horizon Corp bought a new position in shares of CNO Financial Group during the 3rd quarter worth approximately $32,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of CNO Financial Group by 123.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,176 shares of the financial services provider's stock worth $45,000 after buying an additional 649 shares during the last quarter. 95.43% of the stock is owned by hedge funds and other institutional investors.
About CNO Financial Group
(
Get Free Report)
CNO Financial Group is an Indiana‐based holding company that offers a range of insurance and retirement solutions through its operating subsidiaries. Its primary business activities include life insurance, annuities, and supplemental health insurance products designed to help individuals plan for retirement and manage health‐related expenses. The company serves middle‐income Americans, with particular emphasis on senior customers seeking guaranteed coverage and reliable income streams.
Originally founded as Conseco in 1979, the company underwent a financial restructuring and rebranded as CNO Financial Group in 2010.
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