CNO Financial GroupCNO
Market Cap: $3.48B
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 Q2 SEC filings by fund managers ($100M+ AUM)
376% more call options, than puts
Call options by funds: $238K | Put options by funds: $50K
35.57% more ownership
Funds ownership: 57.63% [Q1] → 93.2% (+35.57%) [Q2]
5% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 43
1% more funds holding
Funds holding: 289 [Q1] → 291 (+2) [Q2]
1% less capital invested
Capital invested by funds: $2.84B [Q1] → $2.79B (-$40.9M) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 106
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Evercore ISI Group Thomas Gallagher 55% 1-year accuracy 6 / 11 met price target | 12%downside $29 | Underperform Maintained | 31 Jul 2024 |
RBC Capital Scott Heleniak 94% 1-year accuracy 45 / 48 met price target | 15%upside $38 | Outperform Maintained | 31 Jul 2024 |
Keefe, Bruyette & Woods Ryan Krueger 100% 1-year accuracy 13 / 13 met price target | 6%downside $31 | Market Perform Maintained | 8 Jul 2024 |
Piper Sandler John Barnidge 77% 1-year accuracy 17 / 22 met price target | 6%downside $31 | Overweight Maintained | 28 Jun 2024 |
Financial journalist opinion
Based on 5 articles about CNO published over the past 30 days