Cna Financial Corp (NYSE:CNA) – Investment analysts at William Blair boosted their Q1 2018 EPS estimates for Cna Financial in a report issued on Monday. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $0.81 per share for the quarter, up from their previous estimate of $0.67. William Blair also issued estimates for Cna Financial’s Q2 2018 earnings at $0.86 EPS and Q3 2018 earnings at $0.96 EPS.
Cna Financial (NYSE:CNA) last announced its quarterly earnings results on Monday, February 12th. The insurance provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.23. Cna Financial had a net margin of 9.67% and a return on equity of 7.14%. During the same period in the previous year, the firm posted $0.82 earnings per share.
Shares of Cna Financial (CNA) opened at $51.54 on Tuesday. Cna Financial has a 52-week low of $40.76 and a 52-week high of $55.62. The firm has a market cap of $13,341.90, a P/E ratio of 15.62, a PEG ratio of 2.61 and a beta of 1.23. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.23 and a quick ratio of 0.23.
Several institutional investors and hedge funds have recently made changes to their positions in CNA. DekaBank Deutsche Girozentrale lifted its position in Cna Financial by 87.4% during the third quarter. DekaBank Deutsche Girozentrale now owns 2,774 shares of the insurance provider’s stock valued at $146,000 after acquiring an additional 1,294 shares during the last quarter. Koch Industries Inc. purchased a new stake in Cna Financial during the second quarter valued at approximately $203,000. Magnetar Financial LLC purchased a new stake in Cna Financial during the third quarter valued at approximately $204,000. Raymond James Trust N.A. purchased a new stake in Cna Financial during the fourth quarter valued at approximately $211,000. Finally, SG Americas Securities LLC lifted its position in Cna Financial by 37.9% during the third quarter. SG Americas Securities LLC now owns 4,386 shares of the insurance provider’s stock valued at $220,000 after acquiring an additional 1,205 shares during the last quarter. 99.82% of the stock is owned by hedge funds and other institutional investors.
Cna Financial Company Profile
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.
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.