CNO Financial Group, Inc. (CNO)

NYSE: CNO · IEX Real-Time Price · USD
27.48
+0.08 (0.29%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

CNO has a market cap or net worth of $3.00 billion. The enterprise value is $6.26 billion.

Market Cap 3.00B
Enterprise Value 6.26B

Important Dates

The next estimated earnings date is Monday, April 29, 2024, after market close.

Earnings Date Apr 29, 2024
Ex-Dividend Date Mar 7, 2024

Share Statistics

CNO has 108.99 million shares outstanding. The number of shares has decreased by -2.20% in one year.

Shares Outstanding 108.99M
Shares Change (YoY) -2.20%
Shares Change (QoQ) -0.70%
Owned by Insiders (%) 2.10%
Owned by Institutions (%) 97.79%
Float 106.44M

Valuation Ratios

The trailing PE ratio is 11.45 and the forward PE ratio is 8.55. CNO's PEG ratio is 1.58.

PE Ratio 11.45
Forward PE 8.55
PS Ratio 0.72
Forward PS 0.78
PB Ratio 1.35
P/FCF Ratio 5.14
PEG Ratio 1.58
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.51, with an EV/FCF ratio of 10.73.

EV / Earnings 22.63
EV / Sales 1.51
EV / EBITDA 10.51
EV / EBIT 10.51
EV / FCF 10.73

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.87
Debt / EBITDA 6.97
Debt / FCF 7.12
Interest Coverage 2.50

Financial Efficiency

Return on equity (ROE) is 13.60% and return on invested capital (ROIC) is 7.25%.

Return on Equity (ROE) 13.60%
Return on Assets (ROA) 0.80%
Return on Capital (ROIC) 7.25%
Revenue Per Employee $1.18M
Profits Per Employee $79,000
Employee Count 3,500
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, CNO has paid $80.30 million in taxes.

Income Tax 80.30M
Effective Tax Rate 22.51%

Stock Price Statistics

The stock price has increased by +27.64% in the last 52 weeks. The beta is 1.04, so CNO's price volatility has been similar to the market average.

Beta (1Y) 1.04
52-Week Price Change +27.64%
50-Day Moving Average 26.99
200-Day Moving Average 25.24
Relative Strength Index (RSI) 59.22
Average Volume (30 Days) 749,281

Short Selling Information

The latest short interest is 2.83 million, so 2.60% of the outstanding shares have been sold short.

Short Interest 2.83M
Short Previous Month 2.63M
Short % of Shares Out 2.60%
Short % of Float 2.66%
Short Ratio (days to cover) 3.71

Income Statement

In the last 12 months, CNO had revenue of $4.15 billion and earned $276.50 million in profits. Earnings per share was $2.40.

Revenue 4.15B
Gross Profit 1.87B
Operating Income 595.40M
Pretax Income 356.80M
Net Income 276.50M
EBITDA 595.40M
EBIT 595.40M
Earnings Per Share (EPS) $2.40
Full Income Statement

Balance Sheet

The company has $889.00 million in cash and $4.15 billion in debt, giving a net cash position of -$3.26 billion or -$29.93 per share.

Cash & Cash Equivalents 889.00M
Total Debt 4.15B
Net Cash -3.26B
Net Cash Per Share -$29.93
Equity / Book Value 2.22B
Book Value Per Share 20.33
Working Capital n/a
Full Balance Sheet

Cash Flow

Operating Cash Flow 582.90M
Capital Expenditures n/a
Free Cash Flow 582.90M
FCF Per Share $5.15
Full Cash Flow Statement

Margins

Gross margin is 45.12%, with operating and profit margins of 14.36% and 6.67%.

Gross Margin 45.12%
Operating Margin 14.36%
Pretax Margin 8.60%
Profit Margin 6.67%
EBITDA Margin 14.36%
EBIT Margin 14.36%
FCF Margin 14.06%

Dividends & Yields

This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 2.18%.

Dividend Per Share $0.60
Dividend Yield 2.18%
Dividend Growth (YoY) 7.14%
Years of Dividend Growth 12
Payout Ratio 25.00%
Buyback Yield 2.20%
Shareholder Yield 4.39%
Earnings Yield 9.23%
FCF Yield 19.46%
Dividend Details

Analyst Forecast

The average price target for CNO is $26.29, which is -4.33% lower than the current price. The consensus rating is "Hold".

Price Target $26.29
Price Target Difference -4.33%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on February 12, 1997. It was a forward split with a ratio of 2:1.

Last Split Date Feb 12, 1997
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6