CNO Financial Group Inc (NYSE:CNO) had declared a cash dividend of $0.0800 on Nov 17, 2016. The shares will quote ex-dividend on Dec 7, 2016 and the record date has been fixed for Dec 9, 2016. On Nov 17, 2016 share price, the yield comes out to be 1.8286%. The dividend payable date has been fixed on Dec 23, 2016.
In a different note, On Sep 30, 2016, Deutsche Bank said it Maintains its rating on CNO Financial Group Inc. In the research note, the firm Lowers the price-target to $18.00 per share. The shares have been rated ‘Hold’ by the firm. On Sep 30, 2016, Goldman Sachs said it Downgrades its rating on CNO Financial Group Inc. In the research note, the firm Lowers the price-target to $21.00 per share. The shares have been rated ‘Neutral’ by the firm. On Sep 30, 2016, BTIG Research said it Downgrades its rating on CNO Financial Group Inc. The shares have been rated ‘Neutral’ by the firm. Wells Fargo said it Initiates Coverage on CNO Financial Group Inc, according to a research note issued on Sep 23, 2016. The shares have been rated ‘Outperform’ by the firm.
CNO Financial Group Inc (CNO) remained unchanged at the close of Monday session. Even as the volume increased to 27,36,138 ,the shares failed to make any impression and ended at 0 points or 0.00% at $17.5. The trading session commenced at $17.53 and the stock hit a high of $17.75 and touched $17.47 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $20.88 and the 52-week low is $14.3. The company has a market cap of $3,037 M and has approximately 17,35,49,970 outstanding shares.
CNO Financial Group Inc(CNO) last announced its earnings results on Nov 1, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $1.02B. Analysts had an estimated revenue of $969.42M. Earnings per share were $0.37. The reported EPS was above estimates by $0.04 or 12.12%. Analysts had estimated an EPS of $0.33.
Several Insider Transactions has been reported to the SEC. On Nov 16, 2016, Susan L Menzel (EVP, HR) sold 79,500 shares at $17.50 per share price.Also, On Jun 27, 2016, Christopher J Nickele (EVP and Chief Actuary) sold 24,996 shares at $19.25 per share price.On May 27, 2016, John R Kline (SVP & Chief Acctg Officer) sold 25,000 shares at $20.15 per share price, according to the Form-4 filing with the securities and exchange commission.
CNO Financial Group Inc. is a holding company for a group of insurance companies operating throughout the United States that develop market and administer health insurance annuity individual life insurance and other insurance products. The Company manages its business through three operating segments: Bankers Life Washington National and Colonial Penn. Bankers Life markets and distributes Medicare supplement insurance interest-sensitive life insurance traditional life insurance fixed annuities and long-term care insurance products. Washington National markets and distributes supplemental health including specified disease accident and hospital indemnity insurance products and life insurance. Colonial Penn markets primarily graded benefit and simplified issue life insurance.