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CNO Financial Group, Inc.
CNO · NYSEFinancials
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Raw inputs
Equipment
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AI demand
Premiums &capitalthe money flowing inBrokers &distributionwho places the coverInsurerswho carries the riskReinsuranceinsuring the insurersClaims,payouts &…where the money goesPolicyholderswho is protectedPRMPolicyholder premiumsCAPCapital & investorsBLABankers Life career agentsOPTOptavise / PMA worksiteCPColonial Penn directIMOIndependent agents & IMOsCNOCNO FinancialAFLAflacGLGlobe LifePRIPrimericaWREWilton ReREReinsurers48640|86 AdvisorsFLTInvestment portfolio (float)CLMClaims & benefits paidYOUMiddle-income seniorsEMPEmployers & workers
Company details
Market cap
$4.0B
P/E ratio
15×
Div yield
1.6%
EPS (TTM)
$2.30
Profit margin
5%
Rev. growth
+1%
Revenue
$4.5B
Operating ROE
11.4%
In plain English
CNO is a middle-income and senior-market insurer that sells Medicare supplement, supplemental health, life and annuity products through three brands — Bankers Life (career agents), Washington National (worksite) and Colonial Penn (direct-to-consumer TV/mail). It underwrites the risk, invests the premium 'float' through its 40|86 Advisors arm, and returns most excess capital to shareholders via a steadily rising dividend and heavy buybacks.
In simple terms
What CNO Financial Group, Inc. really sells
CNO is a middle-income and senior-market insurer that sells Medicare supplement, supplemental health, life and annuity products through three brands — Bankers Life (career agents), Washington National (worksite) and Colonial Penn (direct-to-consumer TV/mail). It underwrites the risk, invests the premium 'float' through its 40|86 Advisors arm, and returns most excess capital to shareholders via a steadily rising dividend and heavy buybacks.
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Risk read
Moderate
SteadierMore speculative
Why this rating?