CNA Financial (CNA) Projected to Post Earnings on Monday

CNA Financial (NYSE:CNA - Get Free Report) will likely be releasing its earnings data before the market opens on Monday, February 3rd. Analysts expect CNA Financial to post earnings of $1.11 per share and revenue of $3,628,000.00 billion for the quarter.

CNA Financial (NYSE:CNA - Get Free Report) last announced its earnings results on Monday, November 4th. The insurance provider reported $1.08 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.01. The business had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.15 billion. CNA Financial had a net margin of 9.26% and a return on equity of 13.30%. During the same period in the prior year, the company earned $1.06 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 Stock Performance

CNA traded up $1.45 during midday trading on Monday, reaching $50.16. The company had a trading volume of 238,970 shares, compared to its average volume of 218,204. The business has a 50-day moving average of $48.60 and a two-hundred day moving average of $48.96. The company has a market cap of $13.58 billion, a P/E ratio of 10.45, a P/E/G ratio of 6.02 and a beta of 0.67. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28. CNA Financial has a 1 year low of $42.33 and a 1 year high of $52.36.

CNA Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Monday, November 18th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Monday, November 18th. CNA Financial's dividend payout ratio is currently 36.67%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CNA. Keefe, Bruyette & Woods reduced their price objective on shares of CNA Financial from $55.00 to $54.00 and set a "market perform" rating on the stock in a research report on Friday, January 10th. StockNews.com upgraded shares of CNA Financial from a "hold" rating to a "buy" rating in a report on Wednesday, November 13th. Finally, Bank of America increased their price objective on shares of CNA Financial from $45.00 to $48.00 and gave the company an "underperform" rating in a report on Thursday, October 10th.

Insider Buying and Selling

In other CNA Financial news, EVP Douglas Worman sold 22,973 shares of CNA Financial stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $48.75, for a total value of $1,119,933.75. Following the transaction, the executive vice president now directly owns 133,777 shares of the company's stock, valued at approximately $6,521,628.75. The trade was a 14.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.30% of the stock is currently owned by insiders.

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.