CNO Financial Group Stock

CNO Financial Group ROA 2024

CNO Financial Group ROA

0.01

Ticker

CNO

ISIN

US12621E1038

WKN

A1CYFY

In 2024, CNO Financial Group's return on assets (ROA) was 0.01, a -58.61% increase from the 0.02 ROA in the previous year.

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.

ROA Details

Understanding CNO Financial Group's Return on Assets (ROA)

CNO Financial Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing CNO Financial Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider CNO Financial Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in CNO Financial Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about CNO Financial Group stock

What is the Return on Assets (ROA) of CNO Financial Group this year?

The Return on Assets (ROA) of CNO Financial Group is 0.01 undefined this year.

What was the ROA of CNO Financial Group compared to the previous year?

The ROA of CNO Financial Group has increased by -58.61% compared to the previous year.

What consequences do high ROA have for investors of CNO Financial Group?

A high ROA is advantageous for investors of CNO Financial Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in CNO Financial Group?

A low ROA can be unfavorable for investors of CNO Financial Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of CNO Financial Group affect the company?

An increase in ROA of CNO Financial Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of CNO Financial Group impact the company?

A reduction in the ROA of CNO Financial Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of CNO Financial Group?

Some factors that can influence the ROA of CNO Financial Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of CNO Financial Group important for investors?

The ROA of CNO Financial Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can CNO Financial Group take to improve ROA?

To improve ROA, CNO Financial Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.51 %. 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 1.51 %.

When does CNO Financial Group pay dividends?

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

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 1.99 %.

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 12/24/2024 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 12/10/2024.

When did CNO Financial Group pay the last dividend?

The last dividend was paid out on 12/24/2024.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.