CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It offers Medicare supplement, supplemental health, and long-term care insurance policies; life insurance; and annuities, as well as Medicare advantage plans to individuals through phone, online, mail, and face-to-face. The company also focuses on worksite and group sales for businesses, associations, and other membership groups by interacting with customers at their place of employment. In addition, it provides fixed index annuities; fixed interest annuities, including fixed rate single and flexible premium deferred annuities; single premium immediate annuities; supplemental health products, such as specified disease, accident, and hospital indemnity products; and long-term care plans primarily to retirees and older self-employed individuals in the middle-income market. Further, the company offers universal life and other interest-sensitive life products; and traditional life policies that include whole life, graded benefit life, term life, and single premium whole life products, as well as graded benefit life insurance products. CNO Financial Group, Inc. markets its products under the Bankers Life, Washington National, and Colonial Penn brand names. The company sells its products through agents, independent producers, and direct marketing. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.
IPO Year:
Exchange: NYSE
Website: cnoinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/23/2025 | $38.00 | Market Perform | BMO Capital Markets |
4/16/2024 | $29.00 | Neutral → Overweight | Piper Sandler |
1/4/2024 | $24.00 → $26.00 | In-line → Underperform | Evercore ISI |
6/29/2023 | Mkt Perform | Raymond James | |
9/13/2022 | $25.00 | Outperform | RBC Capital Mkts |
1/26/2022 | $25.00 | Hold | Jefferies |
1/7/2022 | $27.00 → $28.00 | Equal-Weight | Morgan Stanley |
1/5/2022 | $29.00 → $27.00 | Overweight → Neutral | Piper Sandler |
1/5/2022 | Overweight → Neutral | Piper Sandler | |
9/10/2021 | $25.00 → $27.00 | Neutral → Overweight | Piper Sandler |
10-K - CNO Financial Group, Inc. (0001224608) (Filer)
8-K - CNO Financial Group, Inc. (0001224608) (Filer)
8-K - CNO Financial Group, Inc. (0001224608) (Filer)
8-K - CNO Financial Group, Inc. (0001224608) (Filer)
144 - CNO Financial Group, Inc. (0001224608) (Subject)
8-K - CNO Financial Group, Inc. (0001224608) (Filer)
SCHEDULE 13G - CNO Financial Group, Inc. (0001224608) (Subject)
8-K - CNO Financial Group, Inc. (0001224608) (Filer)
10-Q - CNO Financial Group, Inc. (0001224608) (Filer)
8-K - CNO Financial Group, Inc. (0001224608) (Filer)
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a" (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) (NYSE:CNO). These subsidiaries are collectively referred to as CNO Financial Group (CNO). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of CNO Financial Group, Inc. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and Long-Term IRs.) The ratings reflect CNO's balance sheet strength, which AM Best assesses as
CARMEL, Ind., Feb. 24, 2025 /PRNewswire/ -- Optavise, a leading provider of employee benefits services, offering personalized expert guidance backed by technology, today introduced Optavise Clear—a comprehensive solution to eliminate employee confusion and frustration with their benefits. As employee satisfaction continues to be a critical factor in workplace retention and performance, Optavise Clear offers a seamless, year-round experience to help employees navigate their benefits with ease and confidence. According to a recent study, 73% of employees seek more education on t
Company also announces virtual annual shareholder meeting date CARMEL, Ind., Feb. 12, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its Board of Directors has approved an additional $500 million to repurchase the company's outstanding shares of common stock. As of December 31, 2024, CNO had approximately $240.3 million of remaining repurchase capacity under its share repurchase program. The repurchase program is intended to be implemented through purchases made from time to time in the open market, through private transactions or by a tender offer, in accordance with Securities and Exchange Commission requirements. The amount and timing of the repurchases (i
CARMEL, Ind., Feb. 10, 2025 /PRNewswire/ -- Bankers Life, a national life and health insurance brand that focuses on the insurance needs of Americans who are near or in retirement, today announced its list of Top Women Financial Advisors (TWFA) for 2025. In its fourth year, this program recognizes the top-performing women financial advisors representing Bankers Life Securities, Inc. and Bankers Life Advisory Services, Inc. The 2025 class includes 37 women financial advisors, the largest since the TWFA program began in 2022. "Congratulations to this exceptional group of advisor
Exceptional fourth quarter, full-year earnings and sales; Entering 2025 well-positioned for sustainable growth and ROE expansion CARMEL, Ind., Feb. 6, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) today announced its financial results for the fourth quarter and full year ended December 31, 2024. Net income in 4Q24 was $166.1 million, or $1.58 per diluted share, compared to $36.3 million, or $0.32 per diluted share, in 4Q23. Net income for the year ended December 31, 2024 was $404.0 million, or $3.74 per diluted share, compared to $276.5 million, or $2.40 per diluted share, in 2023. Non-economic accounting impacts due to market volatility increased net income in 4Q24 and full ye
CARMEL, Ind., Jan. 22, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) will report results for the fourth quarter of 2024 after the market closes on Thursday, February 6, 2025. The company will host a conference call to discuss results at 11:00 a.m. Eastern Time on Friday, February 7, 2025. Participate by Dial-InTo participate, please register here. Upon registering, you will be provided with call details and a registrant ID that is used to track attendance on the conference call. Reminders will also be sent to registered participants via email. Participate by Webcas
CARMEL, Ind., Jan. 3, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) has named Joel Koehneman as Chief Accounting Officer, effective January 21, 2025. He will report to Chief Financial Officer Paul McDonough. "Joel brings extensive experience in public accounting to CNO. He spent 16 years in the audit practice of PricewaterhouseCoopers (PwC), primarily focused on life insurance clients, including serving as lead Director on two life insurance company audits," said McDonough. "His leadership and technical skills, along with his comprehensive knowledge of our products
CARMEL, Ind., Nov. 14, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on the company's common shares. This marks the 50th consecutive quarterly dividend paid by the company. The dividend will be payable December 24, 2024, to shareholders of record at the close of business on December 10, 2024. About CNO Financial Group CNO Financial Group, Inc. (NYSE:CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial servic
Strong third quarter production; Record annuity collected premiums CARMEL, Ind., Oct. 31, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) today reported net income of $9.3 million, or $0.09 per diluted share, in 3Q24 compared to $167.3 million, or $1.46 per diluted share, in 3Q23. Non-economic accounting impacts due to market volatility affected both periods which reduced net income in 2024 and increased it in 2023. Net operating income,(1) which excludes these non-economic accounting impacts, was $119.2 million, or $1.11 per diluted share, in 3Q24 compared to $101.3 million, or $0.88 per diluted share, in 3Q23.
CARMEL, Ind., Oct. 14, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) will report results for the third quarter of 2024 after the market closes on Thursday, October 31, 2024. The company will host a conference call to discuss results at 11:00 a.m. Eastern Time on Friday, November 1, 2024. Participate by Dial-InTo participate, please register here. Upon registering, you will be provided with call details and a registrant ID that is used to track attendance on the conference call. Reminders will also be sent to registered participants via email. Participate by Webcast
Exceptional fourth quarter, full-year earnings and sales; Entering 2025 well-positioned for sustainable growth and ROE expansion CARMEL, Ind., Feb. 6, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) today announced its financial results for the fourth quarter and full year ended December 31, 2024. Net income in 4Q24 was $166.1 million, or $1.58 per diluted share, compared to $36.3 million, or $0.32 per diluted share, in 4Q23. Net income for the year ended December 31, 2024 was $404.0 million, or $3.74 per diluted share, compared to $276.5 million, or $2.40 per diluted share, in 2023. Non-economic accounting impacts due to market volatility increased net income in 4Q24 and full ye
CARMEL, Ind., Jan. 22, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) will report results for the fourth quarter of 2024 after the market closes on Thursday, February 6, 2025. The company will host a conference call to discuss results at 11:00 a.m. Eastern Time on Friday, February 7, 2025. Participate by Dial-InTo participate, please register here. Upon registering, you will be provided with call details and a registrant ID that is used to track attendance on the conference call. Reminders will also be sent to registered participants via email. Participate by Webcas
CARMEL, Ind., Nov. 14, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on the company's common shares. This marks the 50th consecutive quarterly dividend paid by the company. The dividend will be payable December 24, 2024, to shareholders of record at the close of business on December 10, 2024. About CNO Financial Group CNO Financial Group, Inc. (NYSE:CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial servic
Strong third quarter production; Record annuity collected premiums CARMEL, Ind., Oct. 31, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) today reported net income of $9.3 million, or $0.09 per diluted share, in 3Q24 compared to $167.3 million, or $1.46 per diluted share, in 3Q23. Non-economic accounting impacts due to market volatility affected both periods which reduced net income in 2024 and increased it in 2023. Net operating income,(1) which excludes these non-economic accounting impacts, was $119.2 million, or $1.11 per diluted share, in 3Q24 compared to $101.3 million, or $0.88 per diluted share, in 3Q23.
CARMEL, Ind., Oct. 14, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) will report results for the third quarter of 2024 after the market closes on Thursday, October 31, 2024. The company will host a conference call to discuss results at 11:00 a.m. Eastern Time on Friday, November 1, 2024. Participate by Dial-InTo participate, please register here. Upon registering, you will be provided with call details and a registrant ID that is used to track attendance on the conference call. Reminders will also be sent to registered participants via email. Participate by Webcast
CARMEL, Ind., Aug. 7, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on the company's common shares. The dividend will be payable September 24, 2024, to shareholders of record at the close of business on September 10, 2024. About CNO Financial GroupCNO Financial Group, Inc. (NYSE:CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, inclu
Earnings per share up 66%; Operating earnings per share up 94% CARMEL, Ind., July 29, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) today reported net income of $116.3 million, or $1.06 per diluted share, in 2Q24 compared to $73.7 million, or $0.64 per diluted share, in 2Q23. Net operating income (1) was $114.6 million, or $1.05 per diluted share, in 2Q24 compared to $62.3 million, or $0.54 per diluted share, in 2Q23. "CNO delivered excellent earnings and operating performance across the board, led by continued sales momentum, a growing agent force, and strong underwriting margins and net investment income in the quarter," said Gary C. Bhojwani, chief executive officer. "Sales g
CARMEL, Ind., July 15, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) will report results for the second quarter of 2024 after the market closes on Monday, July 29, 2024. The company will host a conference call to discuss results at 11:00 a.m. Eastern Time on Tuesday, July 30, 2024. Participate by Dial-InTo participate, please register here. Upon registering, you will be provided with call details and a registrant ID used to track attendance on the conference call. Reminders will also be sent to registered participants via email. Participate by Webcast
CARMEL, Ind., May 3, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its Board of Directors has approved a $0.01 per share increase in its quarterly dividend, its twelfth consecutive annual increase. The Board declared a quarterly cash dividend of $0.16 per share on the company's common shares. The dividend will be payable June 24, 2024, to shareholders of record at the close of business on June 10, 2024. About CNO Financial Group CNO Financial Group, Inc. (NYSE:CNO) secures the future of middle-income America. CNO provides life and health insura
Strong sales and distribution force growth; Total new annualized premiums up 8%; Solid first quarter earnings CARMEL, Ind., April 29, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) today reported net income of $112.3 million, or $1.01 per diluted share, in 1Q24 compared to a net loss of $0.8 million, or $0.01 per diluted share, in 1Q23. Net operating income (1) was $57.5 million, or $0.52 per diluted share, in 1Q24 compared to $58.6 million, or $0.51 per diluted share, in 1Q23. "First quarter results were among the best operating metrics we've delivered in the past several years with respect to Consumer and Worksite sales, our distribution force and new products," said Gary C. B
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4/A - CNO Financial Group, Inc. (0001224608) (Issuer)
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4 - CNO Financial Group, Inc. (0001224608) (Issuer)
4 - CNO Financial Group, Inc. (0001224608) (Issuer)
4 - CNO Financial Group, Inc. (0001224608) (Issuer)
4 - CNO Financial Group, Inc. (0001224608) (Issuer)
4 - CNO Financial Group, Inc. (0001224608) (Issuer)
4 - CNO Financial Group, Inc. (0001224608) (Issuer)
BMO Capital Markets initiated coverage of CNO Financial with a rating of Market Perform and set a new price target of $38.00
Piper Sandler upgraded CNO Financial from Neutral to Overweight and set a new price target of $29.00
Evercore ISI downgraded CNO Financial from In-line to Underperform and set a new price target of $26.00 from $24.00 previously
Raymond James resumed coverage of CNO Financial with a rating of Mkt Perform
RBC Capital Mkts initiated coverage of CNO Financial with a rating of Outperform and set a new price target of $25.00
Jefferies initiated coverage of CNO Finl Group with a rating of Hold and set a new price target of $25.00
Morgan Stanley reiterated coverage of CNO Finl Group with a rating of Equal-Weight and set a new price target of $28.00 from $27.00 previously
Piper Sandler downgraded CNO Financial from Overweight to Neutral and set a new price target of $27.00 from $29.00 previously
Piper Sandler downgraded CNO Finl Group from Overweight to Neutral
Piper Sandler upgraded CNO Finl Group from Neutral to Overweight and set a new price target of $27.00 from $25.00 previously
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CARMEL, Ind., Oct. 1, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its board of directors has appointed Jess Turner as a director, effective immediately. Turner is Executive Vice President and Global Head of Open Banking and API at Mastercard (NYSE:MA), a global technology company in the payments industry, and is a member of its Management Committee. Turner's appointment increases the size of the CNO board to nine directors. "We are very pleased to welcome Jess to CNO's board of directors," said Board Chair Dan Maurer. "As a senior technology
CARMEL, Ind., May 9, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced that at the company's annual meeting held earlier today, its shareholders: Elected eight directors (Gary C. Bhojwani, Archie M. Brown, David. B. Foss, Mary R. (Nina) Henderson, Adrianne B. Lee, Daniel R. Maurer, Chetlur S. Ragavan, and Steven E. Shebik) to each serve a one-year term expiring at next year's annual meeting.Approved, by non-binding advisory vote, the executive compensation of the company's named executive officers as disclosed in the proxy statement for the annual meeting.Rat
CARMEL, Ind., May 10, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced that at the company's annual meeting earlier today, its shareholders: Elected nine directors (Gary C. Bhojwani, Archie M. Brown, Stephen N. David, David. B. Foss, Mary R. (Nina) Henderson, Adrianne B. Lee, Daniel R. Maurer, Chetlur S. Ragavan, and Steven E. Shebik) to serve terms expiring at next year's annual meeting.Approved, by non-binding advisory vote, the executive compensation of the company's named executive officers as disclosed in the proxy statement for the annual meeting.Appro
CARMEL, Ind., July 19, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today the appointment of Tom Kleyle as vice president, corporate finance and treasurer, effective immediately. Kleyle is responsible for treasury operations and corporate financial planning and analysis, and reports to Chief Financial Officer Paul McDonough. "Tom is a seasoned finance executive with more than 25 years of experience in the insurance industry," said McDonough. "In his nearly 10 years with CNO, he has contributed significantly to the effectiveness of the organization throu
CARMEL, Ind., June 2, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today the appointment of Brian Schneider as vice president, enterprise risk management (ERM) and chief risk officer (CRO), effective immediately. Schneider reports to Chief Actuary Karen DeToro, who had previously served as the company's chief risk officer since June 2020. As chief risk officer, Schneider is responsible for the overall risk management strategy for CNO. Working closely with company leadership, he leads practices related to risk governance, business continuity management, m
CARMEL, Ind., May 19, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced that at the company's annual meeting earlier today, its shareholders: Elected nine directors (Gary C. Bhojwani, Ellyn L. Brown, Stephen N. David, David. B. Foss, Mary R. (Nina) Henderson, Daniel R. Maurer, Chetlur S. Ragavan, Steven E. Shebik, and Frederick J. Sievert) to serve terms expiring at next year's annual meeting.Approved, by non-binding advisory vote, the executive compensation of the company's named executive officers as disclosed in the proxy statement for the annual meeting.A
CARMEL, Ind., May 7, 2021 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE:CNO) announced today that its Board of Directors has approved an additional $500 million to repurchase the company's outstanding common stock. At March 31, 2021, CNO had remaining repurchase capacity under its share repurchase program of approximately $169 million. The repurchase program is intended to be implemented through purchases made from time to time in the open market, through private transactions or by a tender offer, in accordance with Securities and Exchange Commission requirements. The amount and timing of the repurchases (if any) will be based on business and market conditions and other factors.