CNO Financial Group, Inc. (NYSE:CNO) – Stock analysts at B. Riley issued their Q4 2017 earnings per share estimates for shares of CNO Financial Group in a research note issued to investors on Monday. B. Riley analyst R. Binner forecasts that the financial services provider will post earnings per share of $0.41 for the quarter. B. Riley has a “Buy” rating on the stock.

Several other brokerages have also issued reports on CNO. Wells Fargo & Company set a $22.00 price target on CNO Financial Group and gave the company a “hold” rating in a report on Wednesday, October 25th. Goldman Sachs Group initiated coverage on CNO Financial Group in a report on Wednesday, October 18th. They issued a “neutral” rating and a $24.00 target price for the company. Zacks Investment Research lowered CNO Financial Group from a “buy” rating to a “hold” rating in a report on Monday, October 9th. Finally, Morgan Stanley lowered CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 target price for the company. in a report on Monday, August 14th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $22.25.

Shares of CNO Financial Group (CNO) opened at $25.45 on Wednesday. The stock has a market capitalization of $4,261.16, a PE ratio of 15.98, a PEG ratio of 1.54 and a beta of 1.20. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.16 and a current ratio of 0.16. CNO Financial Group has a 1-year low of $18.30 and a 1-year high of $25.83.

CNO Financial Group (NYSE:CNO) last released its earnings results on Wednesday, October 25th. The financial services provider reported $0.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.06. CNO Financial Group had a return on equity of 5.88% and a net margin of 11.41%. The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the previous year, the business posted $0.37 EPS. The business’s revenue for the quarter was up 6.2% on a year-over-year basis.

Several hedge funds have recently modified their holdings of the company. Thrivent Financial For Lutherans increased its position in shares of CNO Financial Group by 3,275.6% during the second quarter. Thrivent Financial For Lutherans now owns 1,092,360 shares of the financial services provider’s stock valued at $22,809,000 after purchasing an additional 1,060,000 shares during the period. AJO LP increased its position in shares of CNO Financial Group by 407.7% during the second quarter. AJO LP now owns 1,076,120 shares of the financial services provider’s stock valued at $22,469,000 after purchasing an additional 864,162 shares during the period. Prudential Financial Inc. increased its position in shares of CNO Financial Group by 50.8% during the second quarter. Prudential Financial Inc. now owns 1,758,374 shares of the financial services provider’s stock valued at $36,715,000 after purchasing an additional 592,490 shares during the period. LSV Asset Management increased its position in shares of CNO Financial Group by 11.4% during the second quarter. LSV Asset Management now owns 4,831,708 shares of the financial services provider’s stock valued at $100,886,000 after purchasing an additional 492,800 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of CNO Financial Group by 12.2% during the second quarter. Ameriprise Financial Inc. now owns 3,719,068 shares of the financial services provider’s stock valued at $77,649,000 after purchasing an additional 404,552 shares during the period. Institutional investors own 94.41% of the company’s stock.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th will be issued a dividend of $0.09 per share. The ex-dividend date is Friday, December 8th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.41%. CNO Financial Group’s dividend payout ratio (DPR) is presently 13.00%.

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About CNO Financial Group

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.

Earnings History and Estimates for CNO Financial Group (NYSE:CNO)

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