CNO Financial GroupCNO
About: CNO Financial Group Inc is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
Employees: 3,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
120% more call options, than puts
Call options by funds: $541K | Put options by funds: $246K
16% more capital invested
Capital invested by funds: $2.85B [Q2] → $3.31B (+$461M) [Q3]
2% less funds holding
Funds holding: 292 [Q2] → 286 (-6) [Q3]
5.86% less ownership
Funds ownership: 95.15% [Q2] → 89.29% (-5.86%) [Q3]
13% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 48
13% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 103
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Piper Sandler John Barnidge 68% 1-year accuracy 28 / 41 met price target | 20%upside $44 | Overweight Maintained | 18 Dec 2024 |
Jefferies Suneet Kamath 50% 1-year accuracy 10 / 20 met price target | 11%upside $41 | Hold Maintained | 10 Dec 2024 |
RBC Capital Scott Heleniak 76% 1-year accuracy 41 / 54 met price target | 9%upside $40 | Outperform Maintained | 4 Nov 2024 |
Financial journalist opinion
Based on 5 articles about CNO published over the past 30 days
