News articles about CNO Financial Group (NYSE:CNO) have trended positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. CNO Financial Group earned a coverage optimism score of 0.37 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 44.8878379445159 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of CNO Financial Group (NYSE:CNO) traded up $0.32 during midday trading on Friday, reaching $25.35. 1,474,535 shares of the company’s stock traded hands, compared to its average volume of 609,711. The company has a market capitalization of $4,199.09, a P/E ratio of 9.15, a P/E/G ratio of 1.28 and a beta of 1.20. CNO Financial Group has a twelve month low of $18.67 and a twelve month high of $26.47. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.52.
CNO Financial Group (NYSE:CNO) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $0.45 EPS for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.06. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1 billion. CNO Financial Group had a net margin of 11.41% and a return on equity of 5.88%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company posted $0.37 earnings per share. research analysts predict that CNO Financial Group will post 1.65 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend was Friday, December 8th. CNO Financial Group’s dividend payout ratio (DPR) is presently 13.00%.
CNO has been the subject of a number of analyst reports. Zacks Investment Research downgraded shares of CNO Financial Group from a “buy” rating to a “hold” rating in a report on Monday, October 9th. Goldman Sachs Group started coverage on shares of CNO Financial Group in a research note on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 price objective for the company. Wells Fargo & Co set a $22.00 price objective on shares of CNO Financial Group and gave the stock a “hold” rating in a research note on Wednesday, October 25th. B. Riley reissued a “buy” rating on shares of CNO Financial Group in a research note on Monday, November 6th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $24.00 price objective on shares of CNO Financial Group in a research note on Thursday, December 21st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. CNO Financial Group currently has a consensus rating of “Hold” and an average price target of $22.75.
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CNO Financial Group Company Profile
CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.
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