Jefferies has upgraded CNO Financial Group Inc (CNO) from Hold to Buy, reflecting a more optimistic outlook on the company’s prospects. This decision indicates a shift in analyst sentiment, potentially due to improved fundamentals or better-than-expected business performance.
CNO Financial Group, headquartered in Carmel, Indiana, operates in the insurance sector, focusing on developing and marketing health insurance, annuities, and individual life insurance products. The company serves middle-income pre-retiree and retired Americans through its various brands, including Bankers Life and Colonial Penn. With a market cap of $3.8 billion, CNO has a price-to-earnings ratio of 12.86 and an earnings per share of 2.86.
The company recently declared a dividend yield of 171.2%. CNO’s upcoming earnings report is scheduled for July 27, 2026, with estimates of $1.06 per share on $1.0 billion in revenue. This update provides insight into how analysts view the company’s growth trajectory and financial health.
As always, while analyst ratings can offer valuable perspectives, they are based on assumptions that may not always materialize. Investors should consider various factors, including company fundamentals and market conditions, when making investment decisions. Analyst opinions can change over time, influenced by new information and market dynamics.