Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy CNO Financial Group stock

Own CNO Financial Group stock in just a few minutes.

Posted

Fact checked

CNO Financial Group, Inc is an insurance—life business based in the US. CNO Financial Group shares (CNO) are listed on the NYSE and all prices are listed in US Dollars. CNO Financial Group employs 3,300 staff and has a trailing 12-month revenue of around USD$3.7 billion.

How to buy shares in CNO Financial Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for CNO Financial Group. Find the stock by name or ticker symbol: CNO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CNO Financial Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of CNO Financial Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of CNO Financial Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

CNO Financial Group share price

Use our graph to track the performance of CNO stocks over time.

CNO Financial Group shares at a glance

Information last updated 2020-10-20.
52-week range USD$8.79 - USD$19.84
50-day moving average USD$16.9903
200-day moving average USD$15.2365
Wall St. target price USD$18.83
PE ratio 7.4534
Dividend yield USD$0.48 (2.63%)
Earnings per share (TTM) USD$2.552

Buy CNO Financial Group shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy CNO Financial Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is CNO Financial Group under- or over-valued?

Valuing CNO Financial Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CNO Financial Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

CNO Financial Group's P/E ratio

CNO Financial Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, CNO Financial Group shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

CNO Financial Group's PEG ratio

CNO Financial Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.58. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CNO Financial Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

CNO Financial Group's EBITDA

CNO Financial Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$632.1 million.

The EBITDA is a measure of a CNO Financial Group's overall financial performance and is widely used to measure a its profitability.

CNO Financial Group financials

Revenue TTM USD$3.7 billion
Operating margin TTM 8.81%
Gross profit TTM USD$1.6 billion
Return on assets TTM 0.62%
Return on equity TTM 8.48%
Profit margin 10.17%
Book value $33.384
Market capitalisation USD$2.5 billion

TTM: trailing 12 months

Shorting CNO Financial Group shares

There are currently 3.5 million CNO Financial Group shares held short by investors – that's known as CNO Financial Group's "short interest". This figure is 1.3% down from 3.5 million last month.

There are a few different ways that this level of interest in shorting CNO Financial Group shares can be evaluated.

CNO Financial Group's "short interest ratio" (SIR)

CNO Financial Group's "short interest ratio" (SIR) is the quantity of CNO Financial Group shares currently shorted divided by the average quantity of CNO Financial Group shares traded daily (recently around 1.3 million). CNO Financial Group's SIR currently stands at 2.64. In other words for every 100,000 CNO Financial Group shares traded daily on the market, roughly 2640 shares are currently held short.

However CNO Financial Group's short interest can also be evaluated against the total number of CNO Financial Group shares, or, against the total number of tradable CNO Financial Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CNO Financial Group's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 CNO Financial Group shares in existence, roughly 20 shares are currently held short) or 0.0328% of the tradable shares (for every 100,000 tradable CNO Financial Group shares, roughly 33 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CNO Financial Group.

Find out more about how you can short CNO Financial Group stock.

CNO Financial Group share dividends

22%

Dividend payout ratio: 21.9% of net profits

Recently CNO Financial Group has paid out, on average, around 21.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.63% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CNO Financial Group shareholders could enjoy a 2.63% return on their shares, in the form of dividend payments. In CNO Financial Group's case, that would currently equate to about $0.48 per share.

While CNO Financial Group's payout ratio might seem low, this can signify that CNO Financial Group is investing more in its future growth.

CNO Financial Group's most recent dividend payout was on 24 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 9 September 2020 (the "ex-dividend date").

Have CNO Financial Group's shares ever split?

CNO Financial Group's shares were split on a 2:1 basis on 12 February 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your CNO Financial Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for CNO Financial Group shares which in turn could have impacted CNO Financial Group's share price.

CNO Financial Group share price volatility

Over the last 12 months, CNO Financial Group's shares have ranged in value from as little as $8.79 up to $19.84. A popular way to gauge a stock's volatility is its "beta".

CNO.US volatility(beta: 1.37)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CNO Financial Group's is 1.3679. This would suggest that CNO Financial Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

CNO Financial Group overview

CNO Financial Group, Inc., through its subsidiaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. It operates through Bankers Life, Washington National, Colonial Penn, and Long-Term Care in Run Off segments. The company's Bankers Life segment underwrites, markets, and distributes Medicare supplement insurance, interest-sensitive and traditional life insurance, fixed annuities, and long-term care insurance products; and Medicare advantage and prescription drug plan products through various distribution and marketing agreements. Its Washington National segment underwrites, markets, and distributes supplemental health insurance, including specified disease, accident, and hospital indemnity insurance products; and life insurance at home and the worksite through independent marketing organizations and insurance agencies. The company's Colonial Penn segment primarily markets graded benefit and simplified issue life insurance directly to customers through television advertising, direct mail, the internet, and telemarketing. Its Long-Term Care in Run Off segment engages in the long-term care business. The company sells its products through career agents, independent producers, and direct marketing. CNO Financial Group, Inc. was founded in 1979 and is headquartered in Carmel, Indiana.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site