CNO Financial Group, Inc. (NYSE:CNO) – Investment analysts at FBR & Co issued their Q1 2018 earnings per share (EPS) estimates for CNO Financial Group in a research report issued to clients and investors on Thursday. FBR & Co analyst R. Binner anticipates that the financial services provider will post earnings per share of $0.36 for the quarter. FBR & Co also issued estimates for CNO Financial Group’s Q2 2018 earnings at $0.41 EPS, Q3 2018 earnings at $0.42 EPS and Q4 2018 earnings at $0.46 EPS.

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

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Other equities analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of CNO Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub raised shares of CNO Financial Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 5th. Goldman Sachs Group, Inc. (The) assumed coverage on shares of CNO Financial Group in a research report on Wednesday, October 18th. They set a “neutral” rating and a $24.00 price target on the stock. Wells Fargo & Company set a $22.00 price target on shares of CNO Financial Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Finally, Morgan Stanley cut shares of CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 price target on the stock. in a research 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 given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. CNO Financial Group has an average rating of “Hold” and an average target price of $22.25.

Shares of CNO Financial Group (NYSE:CNO) traded down 0.08% on Monday, hitting $23.95. The company’s stock had a trading volume of 681,538 shares. CNO Financial Group has a 52 week low of $15.75 and a 52 week high of $25.07. The stock has a market capitalization of $4.05 billion, a P/E ratio of 10.47 and a beta of 1.20. The stock’s 50 day moving average price is $23.72 and its 200 day moving average price is $21.99.

A number of institutional investors and hedge funds have recently bought and sold shares of CNO. BlackRock Inc. lifted its position in CNO Financial Group by 13,916.4% in the 1st quarter. BlackRock Inc. now owns 16,909,850 shares of the financial services provider’s stock valued at $346,652,000 after acquiring an additional 16,789,207 shares in the last quarter. Thrivent Financial For Lutherans lifted its position in CNO Financial Group by 3,275.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 1,092,360 shares of the financial services provider’s stock valued at $22,809,000 after acquiring an additional 1,060,000 shares in the last quarter. AJO LP lifted its position in CNO Financial Group by 407.7% in the 2nd quarter. AJO LP now owns 1,076,120 shares of the financial services provider’s stock valued at $22,469,000 after acquiring an additional 864,162 shares in the last quarter. Vanguard Group Inc. lifted its position in CNO Financial Group by 5.6% in the 1st quarter. Vanguard Group Inc. now owns 14,714,188 shares of the financial services provider’s stock valued at $301,641,000 after acquiring an additional 782,886 shares in the last quarter. Finally, Dalton Greiner Hartman Maher & Co. bought a new stake in CNO Financial Group in the 2nd quarter valued at $13,421,000. 95.22% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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