CNO Financial Group (CNO)
Sells retirement-focused insurance and financial services through agent, worksite, and direct channels.
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Sells annuities, life insurance, supplemental health coverage, and financial services to middle-income Americans through Bankers Life, Colonial Penn, Washington National, and Optavise. Earnings combine insurance margins and fees with investment income, while distribution spans exclusive agents, independent producers, workplaces, and direct marketing.
Sells annuities, life insurance, and supplemental health coverage to middle-income Americans approaching or in retirement. Bankers Life combines face-to-face agents with brokerage and advisory services, while Colonial Penn markets life insurance directly. Washington National and Optavise distribute voluntary health and life benefits through workplaces; the group is exiting Optavise's fee-based benefits services to focus the division on insurance.
Reaches individuals and employers across the United States through exclusive agents, independent producers, and direct marketing, pairing each brand with a distinct channel. Earnings come from insurance margins, financial-services fees, and investment income on assets backing policy obligations. Results depend on agent recruitment, claims experience, and the spread between portfolio yields and policyholder crediting rates. Insurance subsidiaries operate under state regulation and statutory capital requirements.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 26, 2026 | Capital One Financial | Target | Target: — | Target: $70 |
| Jul 10, 2026 | Jefferies | Downgrade | Target: $47 | Target: $55 |
| Jun 1, 2026 | Evercore ISI | Target | Target: $43 | Target: $48 |
| Jun 1, 2026 | Evercore ISI Group | Upgrade | ||
| Feb 18, 2026 | Evercore ISI | Target | Target: $29 | Target: $43 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $9.52B · Total debt $4.55B · Total assets $39.80B · Shareholders' equity $2.59B
- Revenue
- $1.29B
- Operating income
- $159.7M
- Net income
- $125.9M
HistoryDividendAnnual yield
| Institutions | 95.21% | 88.88M shares | |
|---|---|---|---|
| 388 holders · as of Jun 30, 2026 | |||
| Insiders | 3.21% | 3.00M shares | |
| 21 holders · as of Sep 16, 2026 | |||
| Other | 1.58% | 1.48M shares | |
| remainder | |||
93.35M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.34% | 13.39M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 7.22% | 6.74M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.45% | 4.16M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.37% | 4.08M | as of Jun 30, 2026 |
Franklin Resources IncInstitution | 4.15% | 3.87M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 16, 2026 | Jeremy D. Williams | officer: Chief Actuary | −4,362 | $55.72 |
| Sep 15, 2026 | Jeremy D. Williams | officer: Chief Actuary | −4,420 | $55.27 |
| Sep 2, 2026 | Karen J. DeToro | officer: President, Worksite Division | −5,964 | $55.12 |
| Sep 1, 2026 | Karen J. DeToro | officer: President, Worksite Division | −9,336 | $54.73 |
| Aug 31, 2026 | Karen J. DeToro | officer: President, Worksite Division | −9,374 | $54.98 |
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Top worksite voluntary benefits carrier with Colonial Life as direct rival.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| CNO Financial Group | $54.38 | +0.78% | $5.04B | 18.5 | 11.5 | 1.1 | +11.6% |
| Globe Life | $170.57 | +0.67% | $13.16B | 11.2 | 10.3 | 2.1 | +8.0% |
| Aflac | $115.56 | +0.84% | $58.33B | 12.3 | 15.8 | 3.2 | −2.4% |
| Unum Group | $95.24 | +2.06% | $14.77B | 21.8 | 10.7 | 1.1 | −13.8% |
| MetLife | $96.94 | +1.06% | $61.72B | 18.4 | 9.2 | 0.8 | +10.0% |
| Primerica | $276.15 | +0.18% | $8.60B | 11.1 | 10.6 | 2.5 | +9.0% |
| Lincoln Financial | $41.24 | +0.55% | $7.85B | 3.5 | 5.0 | 0.4 | +21.2% |
| F&G Annuities & Life | $22.16 | −0.26% | $2.94B | 7.7 | 5.5 | 0.5 | +5.8% |
| Median | 11.2 | 10.3 | 1.1 | +8.0% |