
CNA Financial Corporation (NYSE:CNA – Free Report) – Equities research analysts at DOWLING & PARTN cut their FY2026 earnings per share (EPS) estimates for CNA Financial in a research note issued on Wednesday, November 4th. DOWLING & PARTN analyst D. Lukpanov now expects that the insurance provider will earn $3.80 per share for the year, down from their previous estimate of $4.35. The consensus estimate for CNA Financial’s current full-year earnings is $4.12 per share.
Several other research firms also recently weighed in on CNA. Zacks Research upgraded CNA Financial from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 16th. Weiss Ratings downgraded shares of CNA Financial from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, CNA Financial currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on CNA Financial
CNA Financial Stock Performance
Shares of CNA opened at $48.08 on Friday. CNA Financial has a 1 year low of $41.53 and a 1 year high of $55.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.26 and a quick ratio of 0.27. The stock’s fifty day moving average price is $47.57 and its two-hundred day moving average price is $47.75. The firm has a market cap of $13.01 billion, a PE ratio of 12.69, a PEG ratio of 7.93 and a beta of 0.22.
CNA Financial (NYSE:CNA – Get Free Report) last released its earnings results on Monday, November 2nd. The insurance provider reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.46). CNA Financial had a return on equity of 9.74% and a net margin of 6.80%. The firm had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same period in the prior year, the business earned $1.50 earnings per share.
Institutional Trading of CNA Financial
Institutional investors and hedge funds have recently bought and sold shares of the company. Eurizon Capital SGR S.p.A. grew its position in shares of CNA Financial by 810.4% during the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 10,852 shares of the insurance provider’s stock valued at $487,000 after purchasing an additional 9,660 shares in the last quarter. Illinois Municipal Retirement Fund bought a new position in shares of CNA Financial in the third quarter worth $861,000. Ethic Inc. increased its holdings in shares of CNA Financial by 59.1% in the third quarter. Ethic Inc. now owns 15,079 shares of the insurance provider’s stock worth $677,000 after purchasing an additional 5,604 shares during the period. Kornitzer Capital Management Inc. KS raised its position in shares of CNA Financial by 98.2% in the third quarter. Kornitzer Capital Management Inc. KS now owns 54,908 shares of the insurance provider’s stock worth $2,464,000 after buying an additional 27,198 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its position in shares of CNA Financial by 23.4% in the third quarter. Kestra Advisory Services LLC now owns 5,121 shares of the insurance provider’s stock worth $230,000 after buying an additional 972 shares in the last quarter. 98.45% of the stock is currently owned by hedge funds and other institutional investors.
CNA Financial Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Monday, November 16th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, November 16th. CNA Financial’s dividend payout ratio is 50.66%.
CNA Financial Company Profile
CNA Financial Corporation (NYSE: CNA) is a commercial property and casualty insurance company serving businesses, professionals and organizations. Its offerings include commercial property, casualty, workers’ compensation, professional liability, management liability, cyber, surety, marine and other specialty insurance products.
The company distributes its products primarily through independent agents, brokers and other insurance intermediaries. CNA serves customers across the United States and Canada, as well as selected international markets, including the United Kingdom and Europe.
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