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CNO Financial Group Stock

CNO Financial Group P/E 2024

CNO Financial Group P/E

8.94

Ticker

CNO

ISIN

US12621E1038

WKN

A1CYFY

As of Oct 4, 2024, CNO Financial Group's P/E ratio was 8.94, a -1% change from the 9.03 P/E ratio recorded in the previous year.

The CNO Financial Group P/E history

CNO Financial Group Aktienanalyse

What does CNO Financial Group do?

CNO Financial Group Inc. is an American company that operates in the life insurance and other financial services sector. It was founded in 1979 under the name Conseco Inc. and renamed CNO Financial Group in 2010. The company is headquartered in Carmel, Indiana and employs approximately 3,400 employees. It is listed on the New York Stock Exchange and has a revenue of over $4 billion. The history of CNO Financial Group begins in the late 1970s when Stephen C. Hilbert founded the company Conseco Inc. The company started as a provider of loans to people with limited creditworthiness before later specializing in the life insurance sector. In the 1990s, Conseco expanded through the acquisition of several companies in the insurance and financial services sector. It acquired, among others, Colonial Penn, an insurance company specifically targeting older people. However, the expansion and acquisition of several companies also led to financial problems for the company. Conseco filed for bankruptcy in 2002 and was restructured and renamed CNO Financial Group in the years that followed. Today, CNO Financial Group is a leading company in the USA specializing in insurance and financial services for older and low-income customers. The company's business model is based on a variety of products and services tailored to the needs of older customers. Offerings include life insurance, Medicare supplement insurance, long-term care insurance, investment products, and more. CNO Financial Group is divided into several subsidiaries, each specializing in different business areas. The largest subsidiaries are Bankers Life, Washington National, and Colonial Penn. Bankers Life specializes in insurance and financial services for older customers. The company offers life insurance, investment products, and advisory services, among others. Washington National specializes in Medicare supplement insurance and also offers accident insurance and specialized health supplement insurance. Colonial Penn offers life insurance for older customers and specializes in products like guaranteed issue life insurance. CNO Financial Group is a major player in the US insurance and financial services market. Its focus on older and low-income customers represents an important niche in the market, and its wide range of products and services make it a significant provider for customers in this segment. CNO Financial Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering CNO Financial Group's P/E Ratio

The Price to Earnings (P/E) Ratio of CNO Financial Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing CNO Financial Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of CNO Financial Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in CNO Financial Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about CNO Financial Group stock

What is the price-to-earnings ratio of CNO Financial Group?

The price-earnings ratio of CNO Financial Group is currently 8.94.

How has the price-earnings ratio of CNO Financial Group changed compared to last year?

The price-to-earnings ratio of CNO Financial Group has increased by -1% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of CNO Financial Group high compared to other companies?

Yes, the price-to-earnings ratio of CNO Financial Group is high compared to other companies.

How does an increase in the price-earnings ratio of CNO Financial Group affect the company?

An increase in the price-earnings ratio of CNO Financial Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of CNO Financial Group affect the company?

A decrease in the price-earnings ratio of CNO Financial Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of CNO Financial Group?

Some factors that influence the price-earnings ratio of CNO Financial Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does CNO Financial Group pay?

Over the past 12 months, CNO Financial Group paid a dividend of 0.59 USD . This corresponds to a dividend yield of about 1.72 %. For the coming 12 months, CNO Financial Group is expected to pay a dividend of 0.77 USD.

What is the dividend yield of CNO Financial Group?

The current dividend yield of CNO Financial Group is 1.72 %.

When does CNO Financial Group pay dividends?

CNO Financial Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of CNO Financial Group?

CNO Financial Group paid dividends every year for the past 16 years.

What is the dividend of CNO Financial Group?

For the upcoming 12 months, dividends amounting to 0.77 USD are expected. This corresponds to a dividend yield of 2.25 %.

In which sector is CNO Financial Group located?

CNO Financial Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von CNO Financial Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CNO Financial Group from 9/24/2024 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did CNO Financial Group pay the last dividend?

The last dividend was paid out on 9/24/2024.

What was the dividend of CNO Financial Group in the year 2023?

In the year 2023, CNO Financial Group distributed 0.55 USD as dividends.

In which currency does CNO Financial Group pay out the dividend?

The dividends of CNO Financial Group are distributed in USD.

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Andere Kennzahlen von CNO Financial Group

Our stock analysis for CNO Financial Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CNO Financial Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.