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CNO stock logo

CNO

CNO Financial Group, Inc.

$48.7
0.71
 (1.48%)
Exchange:  NYSE
Market Cap:  4.546B
Shares Outstanding:  100.098M
Delayed data
Calculate CNO Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Insurance – Life
   
CEO:  Gary Chandru Bhojwani
Full Time Employees:  3400
Address: 
11825 North Pennsylvania Street
Carmel
IN
46032
US
Website:  https://www.cnoinc.com
Headquartered in Carmel, Indiana, and established in 1979, CNO Financial Group, Inc. operates across the United States, developing, marketing, and administering a broad spectrum of insurance and annuity products primarily for middle-income and senior individuals. The company’s health insurance offerings span Medicare supplement plans, various supplemental health coverage (such as specified disease, accident, and hospital indemnity products), long-term care policies, and Medicare Advantage plans. CNO also underwrites a full suite of life insurance products, encompassing universal life, interest-sensitive options, and traditional policies like whole life, graded benefit life, term life, and single premium whole life. For wealth accumulation and retirement income, CNO provides an array of annuities, including fixed index, fixed interest (single and flexible premium deferred), and single premium immediate annuities, often catering to retirees and older self-employed individuals within the middle-income demographic. CNO employs a multi-channel approach to reach its diverse clientele. Individual customers can access products directly through phone, online platforms, mail, or face-to-face interactions. Additionally, the firm cultivates relationships with businesses, associations, and other membership groups, facilitating worksite and group sales by engaging with potential clients at their workplaces. These offerings are distributed through a robust network of agents, independent producers, and direct marketing efforts, promoted under the well-recognized brand names of Bankers Life, Washington National, and Colonial Penn.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/05/01 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue4,146,8004,445,6004,487,400
Gross Profit1,532,6001,702,3002,009,900
EBITDA862,8001,065,100524,300
Operating Income356,800518,300293,400
Net Income276,500404,000229,300

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets35,027,10037,852,6005,200
Total Liabilities32,811,50035,354,20036,094,000
Total Stockholders Equity2,215,6002,498,4002,638,200
Total Debt4,150,6004,519,9004,051,700
Cash and Cash Equivalents774,5001,656,700983,500

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Cash Flow Statement

Year202320242025
Operating Cash Flow582,900627,7000
Capital Expenditure000
Free Cash Flow582,900627,7000
Net Income276,500404,000229,300
Net Change in Cash244,1001,108,700-1,997,700

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2029Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)4,546,560.936Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)4,632,263.063Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)4,589,412Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)1,053,823.295Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)1,073,687.737Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)1,063,755.516Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)613,259.484Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)628,330.628Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)620,795.056Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)258,358.942Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)263,228.977Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)260,793.960Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)6.350Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)6.430Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)6.270Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)1Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)1Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
4.51B  ?P/S
 (TTM)
: 
0.99
?Net Income
 (TTM)
: 
404M  ?P/E
 (TTM)
: 
18.36
?Enterprise Value
 (TTM)
: 
7.645B  ?EV/FCF
 (TTM)
: 
11.12
?Dividend Yield
 (TTM)
: 
0.01  ?Payout Ratio
 (TTM)
: 
0.27
?ROE
 (TTM)
: 
0.1  ?ROIC
 (TTM)
: 
0.01
?Net Debt
 (TTM)
: 
2.619B  ?Debt/Equity
 (TTM)
: 
1.72
?P/B
 (TTM)
: 
1.8  ?Current Ratio
 (TTM)
: 
0.06

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
11.20Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates CNO intrinsic value between $47.22 – $87.02 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about CNO valuation

Is CNO Financial Group, Inc. (CNO) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for CNO Financial Group, Inc. (CNO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is CNO a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CNO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is CNO’s P/E ratio?

You can see CNO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for CNO?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is CNO a good long-term investment?

Whether CNO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

CNO

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

1.48
MARKETSnap

Trading Metrics:

Open: 48.29   Previous Close: 47.99
Day Low: 48.29   Day High: 48.82
Year Low: 35.24   Year High: 48.81
Price Avg 50: 44.7   Price Avg 200: 41.88
Volume: 524235   Average Volume: 701549

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See in Nexus

Relevant news

CNO Financial Group, Inc. (CNO) Soars to 52-Week High, Time to Cash Out?
08-06-2026 10:16
CNO Financial Group, Inc. (CNO) Soars to 52-Week High, Time to Cash Out?
Here's Why Investors Should Stay Neutral on CNO Financial for Now
15-05-2026 13:01
Here's Why Investors Should Stay Neutral on CNO Financial for Now
CNO Financial's Dividend Gets a Raise: Does the Yield Still Look Shy?
08-05-2026 13:33
CNO Financial's Dividend Gets a Raise: Does the Yield Still Look Shy?
CNO Financial Group, Inc. (CNO) Q1 2026 Earnings Call Transcript
01-05-2026 13:51
CNO Financial Group, Inc. (CNO) Q1 2026 Earnings Call Transcript
Is the Options Market Predicting a Spike in CNO Financial Stock?
21-04-2026 09:26
Is the Options Market Predicting a Spike in CNO Financial Stock?
CNO Financial Group to Release First Quarter Results on April 30, 2026
16-04-2026 16:15
CNO Financial Group to Release First Quarter Results on April 30, 2026

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