Zacks Research Raises Earnings Estimates for CNA Financial

CNA Financial Corporation (NYSE:CNAFree Report) – Analysts at Zacks Research increased their Q2 2027 earnings per share (EPS) estimates for CNA Financial in a research note issued on Monday, February 23rd. Zacks Research analyst Team now forecasts that the insurance provider will earn $1.28 per share for the quarter, up from their previous forecast of $0.68. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for CNA Financial’s current full-year earnings is $4.64 per share. Zacks Research also issued estimates for CNA Financial’s Q3 2027 earnings at $1.22 EPS.

CNA Financial (NYSE:CNAGet Free Report) last announced its quarterly earnings data on Monday, February 9th. The insurance provider reported $1.16 EPS for the quarter, missing the consensus estimate of $1.20 by ($0.04). The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $2.88 billion. CNA Financial had a return on equity of 12.23% and a net margin of 8.53%.During the same period in the prior year, the firm posted $1.25 EPS.

Several other brokerages have also weighed in on CNA. Wall Street Zen lowered CNA Financial from a “buy” rating to a “hold” rating in a report on Sunday, February 15th. Weiss Ratings upgraded shares of CNA Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on CNA

CNA Financial Stock Performance

NYSE:CNA opened at $48.02 on Wednesday. The company has a market capitalization of $13.00 billion, a P/E ratio of 10.24, a P/E/G ratio of 8.91 and a beta of 0.37. The business has a fifty day simple moving average of $47.71 and a two-hundred day simple moving average of $46.96. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.28 and a quick ratio of 0.28. CNA Financial has a 1 year low of $43.29 and a 1 year high of $51.34.

CNA Financial Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Thursday, March 12th. Investors of record on Monday, February 23rd will be issued a dividend of $2.00 per share. This represents a yield of 409.0%. The ex-dividend date of this dividend is Monday, February 23rd. CNA Financial’s dividend payout ratio is 40.94%.

Insider Transactions at CNA Financial

In other CNA Financial news, Chairman Dino Robusto sold 6,250 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $47.62, for a total value of $297,625.00. Following the sale, the chairman directly owned 661,838 shares in the company, valued at $31,516,725.56. This represents a 0.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CNA Financial

A number of institutional investors and hedge funds have recently made changes to their positions in CNA. Lloyd Advisory Services LLC. purchased a new position in shares of CNA Financial during the fourth quarter worth about $25,000. Alpine Bank Wealth Management raised its stake in CNA Financial by 70.0% in the third quarter. Alpine Bank Wealth Management now owns 556 shares of the insurance provider’s stock valued at $26,000 after purchasing an additional 229 shares in the last quarter. Covestor Ltd lifted its position in CNA Financial by 129.7% during the third quarter. Covestor Ltd now owns 712 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 402 shares during the last quarter. Allworth Financial LP grew its stake in CNA Financial by 102.3% in the 2nd quarter. Allworth Financial LP now owns 785 shares of the insurance provider’s stock worth $37,000 after buying an additional 397 shares in the last quarter. Finally, Ameriflex Group Inc. increased its holdings in shares of CNA Financial by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 820 shares of the insurance provider’s stock worth $38,000 after buying an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 98.45% of the company’s stock.

CNA Financial Company Profile

(Get Free Report)

CNA Financial Corporation is a leading U.S.-based commercial property and casualty insurance company offering a broad portfolio of risk management and insurance solutions. The company underwrites coverage for businesses of all sizes across a variety of industry sectors, including manufacturing, healthcare, energy, technology, construction and real estate. In addition to core property and casualty insurance, CNA delivers specialized products such as surety bonds, professional liability, environmental liability and commercial auto coverage.

Headquartered in Chicago, Illinois, CNA traces its origins to the founding of Continental Casualty Company in 1897.

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Earnings History and Estimates for CNA Financial (NYSE:CNA)

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