CNO Financial Group, Inc. (CNO) Set to Announce Earnings on Monday
CNO Financial Group, Inc. (NYSE:CNO) is scheduled to be posting its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect CNO Financial Group to post earnings of $0.39 per share for the quarter.
Shares of CNO Financial Group, Inc. (NYSE:CNO) opened at 24.28 on Monday. The firm’s 50 day moving average is $23.26 and its 200 day moving average is $21.79. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 10.62 and a beta of 1.20. CNO Financial Group, Inc. has a 12 month low of $14.85 and a 12 month high of $25.03.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 11th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend was Friday, September 8th. CNO Financial Group’s dividend payout ratio (DPR) is 15.72%.
A number of brokerages have recently commented on CNO. Goldman Sachs Group, Inc. (The) began coverage on CNO Financial Group in a report on Wednesday, October 18th. They set a “neutral” rating and a $24.00 price target on the stock. Zacks Investment Research lowered CNO Financial Group from a “buy” rating to a “hold” rating in a report on Monday, October 9th. Morgan Stanley lowered CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 price target on the stock. in a report on Monday, August 14th. They noted that the move was a valuation call. BidaskClub raised CNO Financial Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 2nd. Finally, ValuEngine raised CNO Financial Group from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. CNO Financial Group has an average rating of “Hold” and a consensus target price of $22.29.
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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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