CNA Financial (CNA) to Release Earnings on Monday

CNA Financial (NYSE:CNA) will be releasing its earnings data before the market opens on Monday, May 6th. Analysts expect CNA Financial to post earnings of $1.36 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

CNA Financial (NYSE:CNA) last issued its quarterly earnings results on Monday, February 5th. The insurance provider reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.23. CNA Financial had a net margin of 9.06% and a return on equity of 14.33%. The business had revenue of $3.51 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same period in the previous year, the business posted $1.01 earnings per share. On average, analysts expect CNA Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

CNA Financial Trading Down 1.0 %

Shares of CNA Financial stock opened at $43.24 on Monday. CNA Financial has a 52-week low of $36.41 and a 52-week high of $47.37. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.25. The company’s 50-day simple moving average is $44.04 and its 200-day simple moving average is $42.80. The firm has a market cap of $11.71 billion, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 1.72 and a beta of 0.64.

CNA Financial Increases Dividend

The company also recently declared a None dividend, which was paid on Thursday, March 7th. Stockholders of record on Tuesday, February 20th were paid a dividend of $2.44 per share. This represents a dividend yield of 3.8%. This is a positive change from CNA Financial’s previous None dividend of $1.62. The ex-dividend date of this dividend was Friday, February 16th. CNA Financial’s payout ratio is 39.73%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods boosted their price target on shares of CNA Financial from $48.00 to $50.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 10th. StockNews.com raised shares of CNA Financial from a “hold” rating to a “buy” rating in a report on Wednesday, February 14th. Finally, Bank of America downgraded shares of CNA Financial from a “neutral” rating to an “underperform” rating and boosted their price objective for the stock from $39.00 to $43.00 in a report on Tuesday, February 6th.

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.