CNO Financial Raises 2026 EPS Outlook After 45% Q2 Surge
CNO sits 59% above its 52-week low of $35.24.
Summary
CNO Financial delivered a standout Q2 with operating EPS up 45% year-over-year, driven by broad-based insurance sales growth and record worksite and annuity premiums. Management raised full-year 2026 operating EPS guidance by 8% at the midpoint, signaling confidence in sustained momentum. The company also repurchased $60 million in stock during the quarter, reinforcing capital return commitments. This follows a strong Q1 that saw a 33% EPS increase and a dividend hike, suggesting accelerating earnings power. With shares trading near a 52-week high and a P/E that has expanded from 9x to 11x, the raised outlook could support further multiple expansion if execution continues.
At the time of this announcement, CNO was trading at $56.00 on NYSE in the Finance sector, with a market capitalization of approximately $5B. The 52-week trading range was $35.24 to $54.09. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.