CNA Financial Co. (NYSE:CNA – Free Report) – Equities researchers at Zacks Research decreased their Q4 2024 earnings per share (EPS) estimates for CNA Financial in a note issued to investors on Monday, November 18th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $1.08 per share for the quarter, down from their prior estimate of $1.23. The consensus estimate for CNA Financial’s current full-year earnings is $4.65 per share. Zacks Research also issued estimates for CNA Financial’s Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $4.88 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $1.17 EPS and FY2026 earnings at $4.87 EPS.
A number of other research analysts also recently issued reports on the stock. StockNews.com upgraded shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. Keefe, Bruyette & Woods lifted their price objective on shares of CNA Financial from $54.00 to $55.00 and gave the company a “market perform” rating in a research report on Friday, November 8th. Finally, Bank of America lifted their price target on CNA Financial from $45.00 to $48.00 and gave the company an “underperform” rating in a research note on Thursday, October 10th.
CNA Financial Stock Performance
Shares of CNA stock opened at $48.85 on Wednesday. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $13.23 billion, a PE ratio of 10.18, a P/E/G ratio of 6.31 and a beta of 0.65. The firm has a 50 day moving average of $48.93 and a two-hundred day moving average of $47.67. CNA Financial has a 52 week low of $40.75 and a 52 week high of $52.36.
CNA Financial (NYSE:CNA – Get Free Report) last released its quarterly earnings results on Monday, November 4th. The insurance provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. CNA Financial had a net margin of 9.26% and a return on equity of 13.30%. The business had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $3.15 billion. During the same period in the previous year, the firm earned $1.06 EPS.
Institutional Investors Weigh In On CNA Financial
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tidal Investments LLC grew its stake in CNA Financial by 335.4% during the 1st quarter. Tidal Investments LLC now owns 30,046 shares of the insurance provider’s stock valued at $1,365,000 after purchasing an additional 23,146 shares in the last quarter. Symmetry Partners LLC boosted its stake in CNA Financial by 318.3% during the 2nd quarter. Symmetry Partners LLC now owns 20,361 shares of the insurance provider’s stock valued at $938,000 after acquiring an additional 15,493 shares during the last quarter. AQR Capital Management LLC grew its holdings in CNA Financial by 97.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,152,528 shares of the insurance provider’s stock worth $51,760,000 after acquiring an additional 570,172 shares in the last quarter. Creative Planning increased its position in shares of CNA Financial by 16.5% in the 3rd quarter. Creative Planning now owns 16,067 shares of the insurance provider’s stock worth $786,000 after purchasing an additional 2,272 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of CNA Financial in the 2nd quarter worth about $273,000. Hedge funds and other institutional investors own 98.45% of the company’s stock.
Insider Buying and Selling
In other CNA Financial news, EVP Douglas Worman sold 22,973 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $48.75, for a total transaction of $1,119,933.75. Following the transaction, the executive vice president now owns 133,777 shares in the company, valued at $6,521,628.75. The trade was a 14.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Mark Steven James sold 18,547 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $50.58, for a total value of $938,107.26. Following the completion of the sale, the executive vice president now directly owns 22,917 shares of the company’s stock, valued at $1,159,141.86. The trade was a 44.73 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.31% of the company’s stock.
CNA Financial Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date is Monday, November 18th. CNA Financial’s dividend payout ratio (DPR) is presently 36.67%.
About CNA Financial
CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity and cyber coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.
Further Reading
- Five stocks we like better than CNA Financial
- What is the FTSE 100 index?
- Target Results Are Not a Retail Bellwether: Why the Dip Is a Buy
- Short Selling: How to Short a Stock
- Williams-Sonoma Stock: Buy It and Never Let It Go
- Top Stocks Investing in 5G Technology
- 5 Dividend ETFs to Buy and Hold Forever
Receive News & Ratings for CNA Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNA Financial and related companies with MarketBeat.com's FREE daily email newsletter.