Cna Financial (CNA) Releases Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Cna Financial (NYSE:CNA) released its earnings results on Monday. The insurance provider reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.23, Bloomberg Earnings reports. Cna Financial had a return on equity of 7.14% and a net margin of 9.67%. During the same quarter in the prior year, the company posted $0.82 EPS.

Cna Financial (NYSE CNA) opened at $50.20 on Monday. Cna Financial has a 1-year low of $40.76 and a 1-year high of $55.62. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $13,341.90, a price-to-earnings ratio of 14.56, a P/E/G ratio of 2.61 and a beta of 1.23.

Several equities analysts have recently weighed in on CNA shares. Zacks Investment Research raised Cna Financial from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Thursday, January 4th. ValuEngine downgraded Cna Financial from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $55.00 target price on shares of Cna Financial in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $53.33.

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About Cna Financial

CNA Financial Corporation is an insurance holding company. The Company’s segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. Its Specialty segment provides a range of professional, financial, and specialty property, and casualty products and services.

Earnings History for Cna Financial (NYSE:CNA)

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