Key Points
- Insider selling: Director Yvonne Franzese sold 9,000 shares at an average $43.17 for $388,530, trimming her position by 20.43% to 35,062 shares, and the company reported additional large executive sales totaling several hundred thousand shares on Feb. 17–18.
- Earnings beat: CNO reported Q4 EPS of $1.47 versus a $1.20 consensus and revenue of $101.1 million, with revenue up 4.2% year‑over‑year.
- Dividend announced: The firm declared a $0.17 quarterly dividend (annualized $0.68, yield ~1.6%), payable March 24 with an ex‑dividend date of March 10.
CNO Financial Group, Inc. (NYSE:CNO - Get Free Report) insider Yvonne Franzese sold 9,000 shares of the company's stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $43.17, for a total value of $388,530.00. Following the transaction, the insider owned 35,062 shares in the company, valued at $1,513,626.54. This trade represents a 20.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
CNO Financial Group Stock Down 0.3%
Shares of NYSE:CNO opened at $42.99 on Thursday. The firm has a market capitalization of $4.10 billion, a P/E ratio of 19.28 and a beta of 0.84. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.18 and a current ratio of 0.17. The stock has a 50 day moving average price of $42.55 and a 200-day moving average price of $40.59. CNO Financial Group, Inc. has a 52-week low of $34.63 and a 52-week high of $44.85.
CNO Financial Group (NYSE:CNO - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.27. The company had revenue of $101.10 million for the quarter, compared to analysts' expectations of $1 billion. CNO Financial Group had a return on equity of 15.80% and a net margin of 4.94%.The firm's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.18 earnings per share. As a group, equities research analysts anticipate that CNO Financial Group, Inc. will post 3.83 EPS for the current fiscal year.
CNO Financial Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Tuesday, March 10th. CNO Financial Group's dividend payout ratio (DPR) is presently 30.49%.
Institutional Investors Weigh In On CNO Financial Group
Several large investors have recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in CNO Financial Group in the 4th quarter worth about $18,297,000. Jain Global LLC bought a new stake in shares of CNO Financial Group in the fourth quarter worth approximately $17,996,000. Millennium Management LLC raised its holdings in shares of CNO Financial Group by 190.3% during the third quarter. Millennium Management LLC now owns 579,656 shares of the financial services provider's stock valued at $22,925,000 after purchasing an additional 379,984 shares during the last quarter. Capitolis Liquid Global Markets LLC lifted its position in CNO Financial Group by 384.9% during the third quarter. Capitolis Liquid Global Markets LLC now owns 438,800 shares of the financial services provider's stock valued at $17,355,000 after purchasing an additional 348,300 shares during the period. Finally, AQR Capital Management LLC lifted its position in CNO Financial Group by 35.6% during the fourth quarter. AQR Capital Management LLC now owns 1,218,033 shares of the financial services provider's stock valued at $51,730,000 after purchasing an additional 319,795 shares during the period. 95.43% of the stock is currently owned by institutional investors.
More CNO Financial Group News
Here are the key news stories impacting CNO Financial Group this week:
- Positive Sentiment: A CNO consumer survey released by the company shows declining retirement confidence among middle‑income Americans — a trend that could increase demand for retirement and insurance products CNO offers if it drives customers to seek solutions. PR Newswire: Retirement Confidence Survey
- Neutral Sentiment: Options activity shows rising implied volatility on CNO, signaling heavier short‑term trading and heightened uncertainty — this can amplify price moves and option costs but does not by itself indicate direction. MSN: Implied Volatility Surging
- Neutral Sentiment: Analyst/opinion pieces are prompting investors to “reassess” CNO after a multi‑year run — such coverage can lead to portfolio rebalancing (buy or sell) but is informational rather than company‑specific news. Yahoo: Is It Time To Reassess CNO?
- Negative Sentiment: Significant insider selling: CEO Gary Bhojwani, the general counsel and at least one other officer sold large blocks of shares across Feb. 17–18 (combined transactions total several hundred thousand shares at ~\$43/share), reducing their holdings materially — investors often view concentrated executive sales as a negative signal for near‑term sentiment. SEC Form 4(s): Executive Sales
Analysts Set New Price Targets
A number of brokerages have weighed in on CNO. Evercore restated an "underperform" rating and issued a $43.00 price objective on shares of CNO Financial Group in a report on Wednesday. Jefferies Financial Group upgraded CNO Financial Group from a "hold" rating to a "buy" rating and upped their price target for the stock from $42.00 to $47.00 in a research note on Monday, December 15th. Weiss Ratings reiterated a "buy (b)" rating on shares of CNO Financial Group in a research note on Wednesday, January 21st. Piper Sandler boosted 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, Wall Street Zen downgraded CNO Financial Group from a "buy" rating to a "hold" rating in a report on Saturday, February 7th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, CNO Financial Group currently has a consensus rating of "Hold" and an average target price of $46.25.
View Our Latest Stock Report on CNO
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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