HIG
Hartford Insurance GroupCDocument history
Earnings documents stored for HIG.
Investor releaseQuarter not tagged2026-05-26Should You Buy, Sell, or Hold HIG Stock at 9.97X Forward Earnings?
Zacks
Should You Buy, Sell, or Hold HIG Stock at 9.97X Forward Earnings?
Shares of The Hartford Insurance Group, Inc. HIG have gained a modest 3.8% over the past year, outperforming the industry’s 5% decline, though trailing the S&P 500’s 30.3% advancement. The Hartford continues to execute well operationally, supported by strong business insurance growth, disciplined underwriting, rising investment income, and shareholder-friendly capital allocation. Headquartered in Hartford, CT, the company is a leading multi-line insurer and investment provider in the United States. It offers a wide range of products, including investment solutions, group life and disability insurance, property and casualty (P&C) coverage, and mutual funds, with a market capitalization of approximately $37.3 billion. Its forward P/E ratio of 9.97 is lower than the industry average of 26.13, indicating a relatively attractive valuation. Supported by solid earnings prospects and consistent operating performance, HIG currently carries a Zacks Rank #3 (Hold), along with a Value Score of A. The Zacks Consensus Estimate for The Hartford is pegged at $13.14 per share for 2026 and at $14.39 per share for 2027. The top-line estimate for 2026 is pegged at $20.96 billion, representing a 4.9% increase from the prior-year level. Over the past 30 days, earnings estimates have seen two upward revisions against nine downward revisions. HIG beat earnings estimates in three of the past four quarters and missed once, with an average surprise of 16.47%. The Hartford Insurance Group, Inc. price-consensus-eps-surprise-chart | The Hartford Insurance Group, Inc. Quote HIG has streamlined its business by exiting legacy run-off and non-core operations, allowing management to focus heavily on profitable commercial lines. This strategy is paying dividends in underwriting discipline and capital efficiency. The strength of the core business is highly visible in Business Insurance, where written premiums grew 6% year over year in the first quarter of 2026. While the segment's total combined ratio was 94.8%, its underlying combined ratio remained excellent at 89.2%. The Hartford is investing heavily in AI, cloud infrastructure, and advanced analytics to improve underwriting accuracy, claims processing, and customer experience. AI-powered underwriting tools and real-time data insights are helping improve pricing consistency and risk selection. These operational improvements are translating i...
Investor releaseQuarter not tagged2026-05-20The Hartford Declares Quarterly Dividends Of $0.60 Per Share Of Common Stock And $375 Per Share Of Series G Preferred Stock
Business Wire
The Hartford Declares Quarterly Dividends Of $0.60 Per Share Of Common Stock And $375 Per Share Of Series G Preferred Stock
HARTFORD, Conn., May 20, 2026--(BUSINESS WIRE)--The Hartford’s Board of Directors declared a dividend of $0.60 per share of common stock, payable July 2 to common stock shareholders of record at the close of business on June 1. The board also declared a dividend of $375 on each of the shares of the Series G preferred stock (equivalent to $0.375 per depository share), payable Aug. 17 to Series G preferred stock shareholders of record at the close of business on Aug. 3. About The Hartford The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice. HIG-F Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2025 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued. From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the "Email Alerts" section at https://ir.thehartford.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520218539/en/ Contacts Media Contact:Matthew S...
Investor releaseQuarter not tagged2026-05-16Reflecting On Multi-Line Insurance Stocks’ Q1 Earnings: Hartford (NYSE:HIG)
StockStory
Reflecting On Multi-Line Insurance Stocks’ Q1 Earnings: Hartford (NYSE:HIG)
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at multi-line insurance stocks, starting with Hartford (NYSE:HIG). Multi-line insurance companies operate a diversified business model, offering a broad suite of products that span both Property & Casualty (P&C) and Life & Health (L&H) insurance. This diversification allows them to generate revenue from multiple, often uncorrelated, underwriting pools while also earning investment income on their combined float. Interest rates matter for the sector (and make it cyclical), with higher rates allowing insurers to reinvest their fixed-income portfolios at more attractive yields and vice versa. The market environment also matters for P&C operations specifically, with a 'hard market' characterized by pricing increases that outstrip claim costs, resulting in higher profits while a 'soft market' is the opposite. On the other hand, a key headwind is increasing volatility and severity of catastrophe losses, driven by climate change, which poses a significant threat to P&C underwriting results. The 4 multi-line insurance stocks we track reported a slower Q1. As a group, revenues beat analysts’ consensus estimates by 8.6%. While some multi-line insurance stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.8% since the latest earnings results. Recognizable by its iconic stag logo that dates back to 1810, The Hartford (NYSE:HIG) provides property and casualty insurance, group benefits, and investment products to individuals and businesses across the United States. Hartford reported revenues of $7.23 billion, up 6.1% year on year. This print exceeded analysts’ expectations by 40%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts’ book value per share and EPS estimates. Hartford scored the biggest analyst estimates beat of the whole group. Still, the market seems discontent with the results. The stock is down 2.6% since reporting and currently trades at $132.15. Read our full report on Hartford here, it’s free. Dating back to when a Civil War veteran created a frost-proof water meter, Chubb Limited (NYSE:CB) provides commercial and personal property and casualty insurance, reinsurance, and life insu...
Investor releaseQuarter not tagged2026-05-13How Hartford’s AI Benefits Push Connects With Valuation And Earnings Outlook
Simply Wall St.
How Hartford’s AI Benefits Push Connects With Valuation And Earnings Outlook
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. The Hartford (NYSE:HIG) released a study on U.S. workers’ use of AI tools for employee benefits decisions. The research finds strong AI adoption, with especially high usage among Gen Z employees. In response, The Hartford is rolling out AI powered benefits communication to support workers and employers. The Hartford, a long established player in property and casualty insurance and group benefits, is aligning its approach with how workers make benefit choices today. With AI tools now part of many employees’ decision process, especially younger workers, the company is matching its benefits communication to these habits instead of relying only on traditional HR channels. For investors watching NYSE:HIG, this shift offers another data point on how the insurer is positioning its benefits business as technology influences HR decisions. The way The Hartford executes on AI supported communication, and how employers respond to it, may affect how the market views its role in technology driven benefits management over time. Stay updated on the most important news stories for Hartford Insurance Group by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Hartford Insurance Group. See which insiders are buying and buying and selling Hartford Insurance Group following this latest news. ✅ Price vs Analyst Target: At US$132.11 versus a US$149.45 analyst target, the stock trades about 12% below consensus. ✅ Simply Wall St Valuation: Simply Wall St estimates the shares are trading 59.6% below its fair value. ❌ Recent Momentum: The stock is down 3.7% over the past 30 days. To decide whether to buy, sell or hold Hartford Insurance Group, you can review more detailed analysis. Head to Simply Wall St's company report for the latest assessment of Hartford Insurance Group's fair value. 📊 The AI driven benefits communication aligns with how Gen Z and other workers make decisions, which could support Hartford's group benefits positioning. 📊 Watch how employers adopt these AI tools, any reported engagement metrics, and whether this feeds through to benefits revenue and profitability. ⚠️ Analysts currently expect earnings to decline by an average of 1.4% per year over the next 3 years, so monitor whether AI initiatives...
Investor releaseQuarter not tagged2026-05-12MKTX Q1 Earnings Beat Estimates on Robust Commission Revenue Growth
Zacks
MKTX Q1 Earnings Beat Estimates on Robust Commission Revenue Growth
MarketAxess Holdings Inc. MKTX reported first-quarter 2026 adjusted earnings per share of $2.25, which beat the Zacks Consensus Estimate by 4.7%. The bottom line increased 20.3% year over year. Total revenues were $233 million, which grew 12% year over year. The top line beat the consensus mark by 0.9% The quarterly results benefited from solid growth in total revenues, driven by higher high-grade, high-yield, emerging markets and Eurobonds trading volumes. Increased commission revenues, along with growth in information services, technology services and post-trade services revenues, also contributed to the upside. The gains were partly offset by higher expenses stemming from increased employee compensation and benefits, technology and communication, and marketing and advertising costs. MarketAxess Holdings Inc. price-consensus-eps-surprise-chart | MarketAxess Holdings Inc. Quote Commission revenues improved 12.2% year over year to $203.5 million. The metric beat the Zacks Consensus Estimate of $202.1 million and our estimate of $198.7 million. Information services revenues of $14.4 million grew 11.9% year over year. The metric beat the consensus mark of $13.9 million and our estimate of $13.6 million. Post-trade services revenues increased 4.7% year over year to $11.6 million, while technology services revenues rose 19% to $3.9 million. Total expenses were $132.5 million, which escalated 10.2% year over year in the quarter due to higher employee compensation and benefits, technology and communication, and marketing and advertising. The metric was lower than our estimate of $135.9 million. MarketAxess’ net income skyrocketed 418.5% year over year to $78.1 million, higher than our estimate of $72.5 million. The net income margin of 33.5% improved 2,630 basis points year over year. The high-grade trading volume of MarketAxess was $511.5 billion in the first quarter, which advanced 10.9% year over year and beat the Zacks Consensus Estimate of $505.1 billion. The ADV of the same product category totaled $8.39 million, which rose 10% year over year and beat the Zacks Consensus Estimate of $8.31 million. High-yield trading volume of $100.4 billion climbed 11.6% year over year, while ADV rose 12% year over year to $1.6 billion. Other credit trading volume rose 16% year over year to $49.8 billion, whereas ADV for the same product category increased 10% year over year...
Investor releaseQuarter not tagged2026-05-12ProAssurance Q1 Earnings Meet Estimates on Declining Expenses
Zacks
ProAssurance Q1 Earnings Meet Estimates on Declining Expenses
ProAssurance Corporation PRA reported a first-quarter 2026 adjusted operating income of 25 cents per share, which was in line with the Zacks Consensus Estimate. The bottom line rose from 13 cents a year ago. Operating revenues of $263.1 million dipped 2.5% year over year. However, the top line beat the consensus mark by 2.2%. The quarterly results benefited from rising investment income and a decline in expenses. However, the upside was partially offset due to lower premiums, especially in the Specialty P&C segment, the Workers' Compensation Insurance segment and the Segregated Portfolio Cell Reinsurance unit. ProAssurance Corporation price-consensus-eps-surprise-chart | ProAssurance Corporation Quote Gross premiums written fell 5.5% year over year to $287 million. Net premiums earned of $223.5 million tumbled 5.4% year over year. Yet the reported figure topped the Zacks Consensus Estimate of $218.1 million. Net investment income advanced 8.2% year over year to $40 million in the quarter under review on the back of improved average book yields. The metric beat the consensus mark of $39.7 million. Total expenses came in at $253.4 million, which decreased 9% year over year. The year-over-year decrease was backed by lower net losses and loss adjustment expenses, and underwriting, policy acquisition and operating expenses. ProAssurance’s net income surged 245.3% year over year to $8.5 million. The combined ratio improved to 110.4% from 115.6% in the year-ago period. The segment recorded revenues of $173 million in the first quarter, which slipped 7.5% year over year. The metric beat the Zacks Consensus Estimate of $171.2 million. Net premiums earned decreased 6.1% year over year to $172.1 million but beat the consensus mark of $170.2 million. Total expenses came in at $182.1 million, which fell 9.3% year over year. The unit incurred a loss of $9.1 million, narrower than the prior-year quarter’s loss of $13.9 million. The combined ratio improved to 105.9% from 109% in the year-ago period. Revenues in the segment fell 2.1% year over year to $41 million in the quarter under review. The metric missed the Zacks Consensus Estimate of $41.5 million. Net premiums earned of $40.7 million declined 2.1% year over year, and lagged the consensus mark of $41.1 million. Total expenses rose 1.4% year over year to $46.4 million. The unit incurred a loss of $5.4 million, wider th...
Investor releaseQuarter not tagged2026-05-11LNC Q1 Earnings Beat Estimates on Rising Investment Income
Zacks
LNC Q1 Earnings Beat Estimates on Rising Investment Income
Lincoln National Corporation LNC reported first-quarter 2026 adjusted earnings per share of $1.66, which surpassed the Zacks Consensus Estimate by 1.8%. The bottom line rose 3.7% year over year. Adjusted operating revenues grew 3.9% year over year to $4.9 billion. However, the top line missed the consensus mark by 0.2%. The quarterly earnings were supported by strong annuity deposits and solid Life Insurance performance. Higher net investment income, favorable equity markets and reduced expenses also contributed to the upside. Nevertheless, the positives were partly offset by a decline in the sales of Group Protection and lower insurance premiums. Lincoln National Corporation price-consensus-eps-surprise-chart | Lincoln National Corporation Quote LNC’s estimated RBC ratio rose to more than 420% at the first-quarter end. Insurance premiums inched down 0.1% year over year to $1.7 billion, missing the Zacks Consensus Estimate by 2.4%. Fee income was $1.4 billion, which improved 0.3% year over year but missed the consensus mark by 1.7%. Net investment income advanced 9.8% year over year to $1.6 billion and beat the consensus mark by 7.5%. Meanwhile, other revenues of $184 million rose 8.9% year over year in the quarter under review. Total expenses declined 1.6% year over year to $5.6 billion. Interest credited rose 12.2% year over year to $999 million. Lincoln National reported a net loss of $172 million compared to the prior-year quarter’s loss of $722 million. The Annuities and Life Insurance segments form part of LNC’s Retail Solutions business, while Group Protection and Retirement Plan Services units make up the Workplace Solutions business. The Annuities segment’s operating income totaled $275 million in the first quarter, which fell 5.2% year over year and missed the Zacks Consensus Estimate of $295.6 million due to the impact of a previously disclosed net investment income allocation refinement and unfavorable tax-related items. The unit's operating revenues rose 7.1% year over year to $1.3 billion, driven by 12.7% growth in net investment income, partly offset by a 14.3% decline in insurance premiums. Total annuity deposits were $3.9 billion, which climbed 3.7% year over year. The Life Insurance unit recorded an operating income of $41 million, improved from the prior-year quarter’s loss of $16 million and beat the consensus mark of $7.2 million. The me...
Investor releaseQuarter not tagged2026-05-08Skyward Specialty Q1 Earnings Beat on Apollo Lift, Premium Growth
Zacks
Skyward Specialty Q1 Earnings Beat on Apollo Lift, Premium Growth
Skyward Specialty Insurance Group, Inc. SKWD delivered a solid first quarter of 2026, with operating earnings per share of $1.25, increased 38.9% from a year ago and beat the Zacks Consensus Estimate of $1.05. Total revenues were $475.87 million, up 44.8% year over year, and came in 19.4% above the consensus mark. First quarter performance reflected stronger premiums, underlying underwriting results alongside the accretive impact of Apollo, while profitability held firm with a lower combined ratio. Skyward Specialty Insurance Group, Inc. price-consensus-eps-surprise-chart | Skyward Specialty Insurance Group, Inc. Quote Gross written premiums totaled $667.7 million, up 9.9% versus the prior-year period. Growth was broad-based, led by an 8.7% increase in the Skyward Specialty segment and an 18.7% rise in the Apollo segment, supported by higher volume in syndicate 1969. Net earned premiums climbed to $434 million from $300.4 million a year ago, reflecting higher business volumes and the expanded footprint following the Apollo consolidation. Underwriting fee income of $10.1 million also contributed to the quarter’s top-line mix, tied to Apollo’s managing agency activities. Net investment income increased to $27.1 million from $19.4 million a year ago, driven by the addition of the Apollo portfolio, a higher yield environment, and a larger invested asset base. Within Skyward Group’s U.S. specialty operations, several underwriting divisions posted notable momentum. Accident & Health gross written premiums increased 45.7% year over year, Credit & Surety rose 42.5%, Global Agriculture advanced 27.0%, and Specialty Programs jumped 51.2%, helping offset declines in Energy Solutions and Global Property. The portfolio’s evolving composition also reflected a sharper emphasis on businesses positioned for steadier growth. Management highlighted continued diversification, including expansion in areas with lower exposure to property-and-casualty underwriting cycles, as it aims to sustain disciplined top-line and bottom-line progress. Losses and loss adjustment expenses were $265.22 million, up from $187.31 million in the prior-year quarter, in line with the larger premium base. Still, the total loss ratio improved to 61.1% from 62.4% a year ago, supporting underwriting profitability despite business-mix shifts within the Skyward Specialty segment. Total Cat loss and LAE of 1...
Investor releaseQuarter not tagged2026-05-08Blue Owl Capital Q1 Earnings Miss on Lower Net Investment Income
Zacks
Blue Owl Capital Q1 Earnings Miss on Lower Net Investment Income
Blue Owl Capital Corporation OBDC reported first-quarter 2026 adjusted earnings per share (EPS) of 31 cents, which missed the Zacks Consensus Estimate by 11.4%. The bottom line decreased 20.5% year over year. Total investment income declined 14.6% year over year to $396.8 million. The top line missed the consensus mark by 6.2%. The weaker-than-expected quarterly results were affected by lower net investment income. However, the downside was partly offset by lower expenses. Blue Owl Capital Corporation price-consensus-eps-surprise-chart | Blue Owl Capital Corporation Quote Adjusted net investment income of $153 million fell 3% year over year. New investment commitments were $676 million across seven new portfolio companies and 16 existing ones. Blue Owl Capital ended the first quarter with investments in 230 portfolio companies, backed with an aggregate fair value of $15.3 billion. Based on the fair value, the average investment size in each portfolio company was $66.7 million as of March 31, 2026. Total expenses decreased 9.4% year over year to $235.2 million in the first quarter due to lower interest expenses and management fees. OBDC recorded an adjusted net decrease in net assets resulting from operations of $24.4 million, which decreased from the net increase of $159.7 million a year ago. Blue Owl Capital exited the first quarter with a cash balance of $416.1 million, which declined from the 2025-end level of $558.7 million. Total assets of $16 billion decreased from the $17.2 billion figure at 2025-end. Debt was $8.5 billion, down from the $9.3 billion figure as of Dec. 31, 2025. OBDC had $3.6 billion of undrawn capacity under its credit facilities. At the first-quarter end, net debt to equity was 1.13X. Net operating cash flow in the first quarter of 2026 was $967.4 million, up from the prior-year figure of $38.9 million. The board of directors at Blue Owl Capital declared a second-quarter 2026 regular dividend of 31 cents per share, to be paid on or before July 15, 2026, to its shareholders of record as of June 30. Blue Owl Capital announced a new repurchase program (expiring in 18 months from the approval date of Feb. 18, 2025), under which it may purchase shares up to $300 million. The company repurchased shares worth $35 million in the first quarter of 2026. OBDC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zac...
Investor releaseQuarter not tagged2026-05-06Will Higher Costs Hurt Skyward Specialty's Q1 Earnings?
Zacks
Will Higher Costs Hurt Skyward Specialty's Q1 Earnings?
Skyward Specialty Insurance Group, Inc. SKWD is set to report its first-quarter 2026 results on May 6, 2026, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $1.05 per shareon revenues of $398.43 million. The first-quarter earnings estimate witnessed one downward revision and one upward revision over the past 60 days. The bottom-line projection indicates a year-over-year increase of 16.7%. Also, the Zacks Consensus Estimate for quarterly revenues implies a year-over-year growth of 21.3%. Image Source: Zacks Investment Research For 2026, the Zacks Consensus Estimate for Skyward Specialty’s revenues is pegged at $1.77 billion, implying a jump of 25% year over year. The consensus mark for 2026 EPS is pegged at $4.69, indicating 17.3% year-over-year growth. Skyward Specialty’searnings beat the consensus estimate in each of the trailing four quarters, with the average surprise being 16.1%. This is depicted in the figure below. Skyward Specialty Insurance Group, Inc. price-eps-surprise | Skyward Specialty Insurance Group, Inc. Quote Our proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here. SKWD currently has an Earnings ESP of +0.48%, but a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for net earned premiums indicates 18.2% growth from the year-ago period’s $300.4 million. Growth in accident & health and specialty programs is expected to have benefited the metric in the to-be-reported quarter. The consensus estimate for commission and fee income indicates a 5.1% increase from the year-ago period. Moreover, the Zacks Consensus Estimate for net investment income indicates 24.6% growth from the year-ago period’s $19.3 million. These are likely to have positioned the company for a year-over-year growth in the first quarter. However, the consensus estimate for the combined ratio is pegged at 90.8, higher than the year-ago level of 90.5. The same for loss ratio currently stands at 62.3, lower than the year-ago level of 62.4. But t...
Investor releaseQuarter not tagged2026-05-05VIRT Beats Q1 Earnings Estimates on Execution Services Unit Strength
Zacks
VIRT Beats Q1 Earnings Estimates on Execution Services Unit Strength
Virtu Financial, Inc. VIRT reported first-quarter adjusted earnings per share (EPS) of $2.24, which beat the Zacks Consensus Estimate by 34.9%. The bottom line increased 72.3% year over year. Adjusted Net Trading Income rose 58.2% year over year to $786.5 million, surpassing the consensus estimate by 37.5%. The strong quarterly results can be attributed to the improved commissions and technology services revenues. Strong performance in both the Market Making and Execution Services segments, driven by increased trading activity, also contributed to the upside. However, an increased expense level partially offset the positives. Virtu Financial, Inc. price-consensus-eps-surprise-chart | Virtu Financial, Inc. Quote Revenues from commissions, net and technology services rose 23.3% year over year to $186.6 million. The metric beat the Zacks Consensus Estimate and our model estimate of $163.2 million. Interest and dividend income of $127.5 million increased 16.9% year over year but missed both the Zacks Consensus Estimate and our estimate of $128.6 million. Adjusted EBITDA increased 62.7% year over year to $520.6 million. Adjusted EBITDA margin improved year over year to 66.2% from 64.4% a year ago. Total operating expenses rose 11.7% year over year to $685.8 million, but were lower than our estimate of $771.7 million. The increase was due to higher costs related to communication and data processing, as well as employee compensation and payroll taxes. Market Making: Adjusted net trading income totaled $637.1 million in the first quarter, climbing 66.8% year over year. The metric surpassed the Zacks Consensus Estimate of $446 million. The unit’s revenues increased 32.5% year over year to $915.7 million, beating both the Zacks Consensus Estimate and our estimate of $815.6 million. Execution Services: The unit recorded adjusted net trading income of $149.5 million in the quarter under review, representing an increase of 29.8% year over year. The metric surpassed the Zacks Consensus Estimate of $126 million and our estimate of $125.1 million. The unit’s total revenues rose 32.7% year over year to $187.1 million, beating both the consensus estimate and our estimate of $156.6 million. Virtu Financial ended the first quarter with cash and cash equivalents of $973.2 million, down 8.3% from the 2025 year-end level. Total assets increased to $25.1 billion from $20.2 billion...
Investor releaseQuarter not tagged2026-05-05CNO Beats Q1 Earnings Estimates on Higher Life and Health Premiums
Zacks
CNO Beats Q1 Earnings Estimates on Higher Life and Health Premiums
CNO Financial Group, Inc. CNO reported first-quarter 2026 adjusted earnings per share (EPS) of $1.29, which beat the Zacks Consensus Estimate by 41.8%. The bottom line rose from 79 cents a year ago. Operating revenues of $1.1 billion advanced 4.1% year over year. The top line surpassed the consensus mark by 6.9%. The strong quarterly results were supported by strong collected premiums from life and health products, rising new annualized premiums and higher fee revenues. Nevertheless, the upside was partly offset by a rise in total benefits and expenses as a result of higher insurance policy benefits. CNO Financial Group, Inc. price-consensus-eps-surprise-chart | CNO Financial Group, Inc. Quote Total insurance policy income rose 3.5% year over year to $673.4 million. The metric was aided by improved collected premiums from annuity, life and health products. Total investment losses were $22.7 million, wider than the prior-year quarter’s loss of $6.8 million. General account assets grew 5.3% year over year to $395 million. Policyholder and other special-purpose portfolios totaled negative $64.9 million compared with the prior-year quarter’s negative $63.6 million. Fee revenues and other income rose 0.3% year over year to $48.8 million. Annuity collected premiums of $433.8 million, declining 1.9% year over year, while health collected premiums increased 5.5% to $428 million. Collected premiums from life products totaled $249.8 million, which rose 2.2% year over year. The total collected premiums advanced 1.8% year over year to $1.1 billion. New annualized premiums for health products rose 17.5% year over year, while the same for life products climbed 4.8%. Annuity, Health and Life products accounted for 22.8%, 51.6% and 25.6%, respectively, of CNO's insurance margin. Total benefits and expenses rose 0.5% year over year to $981.2 million due to higher insurance policy benefits. CNO Financial exited the first quarter with unrestricted cash and cash equivalents of $1.1 billion, which rose 18.1% from the 2025-end level. Total assets of $39 billion rose 0.4% from the figure at 2025-end. The debt-to-capital was 34.6% at the first-quarter end, which deteriorated 120 basis points (bps) from the 2025-end figure. Total shareholders’ equity declined 5.3% from the 2025-end level to $2.5 billion. Book value per common share was $26.64, which decreased 4.6% from the figure at...

