CNO Financial Group, Inc. (CNO)

CNO Financial Group, Inc. is an insurance holding company, which engages in developing, marketing, and administering health insurance, annuity, individual life insurance and other insurance products. It operates through the following segments: Bankers Life, Washington National, and Colonial Penn. The Bankers Life segment markets and distributes medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products to the middle-income senior market through a dedicated field force of career agents and sales managers supported by a network of community-based sales offices. The Washington National segment markets and distributes supplemental health including specified disease, accident and hospital indemnity insurance products and life insurance to middle-income consumers at home and at the worksite. The Colonial Penn segment markets primarily graded benefit and simplified issue life insurance directly to customers in the senior middle-income market through television advertising, direct mail, the Internet and telemarketing. The company was founded in 1979 and is headquartered in Carmel, IN.

Address

11299 ILLINOIS STREET, SUITE 200
CARMEL, IN 46032

Founded

1979

Number of Employees

3,500

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$323,704 $369,143 $206,312 $169,300 $108,013 $256,922 $242,376 $407,830 $190,251 $177,746 $109,077 $232,789
Average Price $17.27 $17.73 $17.37 $21.40 $18.63 $16.37 $18.15 $24.30 $23.72 $25.11 $27.34 $19.69
# Shares Purchased 18,745,998 20,818,871 11,879,268 7,911,170 5,796,972 15,698,515 13,353,314 16,785,325 8,020,979 7,077,922 3,990,200 11,825,321
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 91.1% 86.1% 90.0% 54.2% 77.1% 101.6% 81.8% 35.8% 39.1% 31.4% 20.7% 67.6%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -90.8% -86.9% -78.6% -75.5% -27.8% 8.5% 7.0% 4.2% 1.9% 0.1% 13.3% -26.3%
Quartile Rank
Percentile Rank 56% 56% 56% 57% 67% 75% 68% 72% 74% 71% 78% 77%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

Insider Transactions

Filters

Keyboard Shortcuts: Show (a) | Close (Esc)