CNO Financial Group Inc (CNO) Files 10-K for the Fiscal Year Ended on December 31, 2017

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CNO Financial Group Inc (CNO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. CNO Financial Group Inc is a holding company for a group of insurance companies. It develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. CNO Financial Group Inc has a market cap of $3.87 billion; its shares were traded at around $23.19 with a P/E ratio of 22.96 and P/S ratio of 0.97. The dividend yield of CNO Financial Group Inc stocks is 1.49%. CNO Financial Group Inc had annual average EBITDA growth of 13.00% over the past five years.


For the last quarter CNO Financial Group Inc reported a revenue of $1.1 billion, compared with the revenue of $1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.3 billion, an increase of 7.8% from last year. For the last five years CNO Financial Group Inc had an average revenue decline of 1.4% a year.

The reported diluted earnings per share was $1.02 for the year, a decline of 49.3% from the previous year. Over the last five years CNO Financial Group Inc had an EPS growth rate of 8.1% a year. The CNO Financial Group Inc had a decent operating margin of 11.18%, compared with the operating margin of 8.86% a year before. The 10-year historical median operating margin of CNO Financial Group Inc is 5.52%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, CNO Financial Group Inc has the cash and cash equivalents of $757.3 million, compared with $668.2 million in the previous year. The long term debt was $4 billion, compared with $4.2 billion in the previous year. The interest coverage to the debt is 3.9. CNO Financial Group Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $23.19, CNO Financial Group Inc is traded at 54% premium to its historical median P/S valuation band of $15.06. The P/S ratio of the stock is 0.97, while the historical median P/S ratio is 0.62. The stock gained 9.91% during the past 12 months.

For the complete 20-year historical financial data of CNO, click here.

This article first appeared on GuruFocus.


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