CNO Financial Group, Inc. (NYSE:CNO) Scheduled to Post Quarterly Earnings on Wednesday, July 26
CNO Financial Group, Inc. (NYSE:CNO) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
CNO Financial Group (NYSE:CNO) last announced its earnings results on Wednesday, April 26th. The financial services provider reported $0.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.03. CNO Financial Group had a return on equity of 5.51% and a net margin of 9.16%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the company posted $0.26 earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. On average, analysts expect CNO Financial Group to post $1.52 EPS for the current fiscal year and $1.66 EPS for the next fiscal year.
Shares of CNO Financial Group, Inc. (CNO) opened at 21.07 on Monday. CNO Financial Group, Inc. has a 52 week low of $14.30 and a 52 week high of $22.60. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 9.90 and a beta of 1.20. The stock has a 50 day moving average price of $20.49 and a 200-day moving average price of $20.24.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 23rd. Investors of record on Friday, June 9th were given a dividend of $0.09 per share. This is an increase from CNO Financial Group’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend was Wednesday, June 7th. CNO Financial Group’s dividend payout ratio is currently 16.82%.
Several analysts recently weighed in on the company. FBR & Co restated an “outperform” rating and set a $23.00 price objective on shares of CNO Financial Group in a research report on Wednesday, May 31st. BidaskClub upgraded CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Zacks Investment Research upgraded CNO Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Wells Fargo & Company restated a “hold” rating on shares of CNO Financial Group in a research report on Tuesday, June 20th. Finally, ValuEngine upgraded CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Tuesday, June 27th. Nine analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. CNO Financial Group presently has an average rating of “Hold” and an average price target of $19.63.
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.
Receive News & Ratings for CNO Financial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNO Financial Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.