Zacks Research Reduces Earnings Estimates for CNA Financial

CNA Financial Co. (NYSE:CNA - Free Report) - Investment analysts at Zacks Research dropped their Q4 2024 earnings per share estimates for shares of CNA Financial in a research note issued to investors on Monday, November 18th. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings of $1.08 per share for the quarter, down from their previous forecast of $1.23. The consensus estimate for CNA Financial's current full-year earnings is $4.65 per share. Zacks Research also issued estimates for CNA Financial's Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $4.88 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $1.17 EPS and FY2026 earnings at $4.87 EPS.

A number of other equities research analysts also recently commented on the company. StockNews.com raised CNA Financial from a "hold" rating to a "buy" rating in a research report on Wednesday, November 13th. Keefe, Bruyette & Woods increased their price target on CNA Financial from $54.00 to $55.00 and gave the company a "market perform" rating in a report on Friday, November 8th. Finally, Bank of America upped their target price on shares of CNA Financial from $45.00 to $48.00 and gave the company an "underperform" rating in a research note on Thursday, October 10th.

CNA Financial Trading Down 0.2 %

Shares of CNA Financial stock traded down $0.11 during mid-day trading on Wednesday, hitting $48.49. 38,657 shares of the stock were exchanged, compared to its average volume of 275,314. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 10.12, a price-to-earnings-growth ratio of 6.31 and a beta of 0.65. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.28. CNA Financial has a twelve month low of $40.75 and a twelve month high of $52.36. The company has a 50-day simple moving average of $48.94 and a 200 day simple moving average of $47.66.

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

CNA Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.63%. The ex-dividend date is Monday, November 18th. CNA Financial's payout ratio is currently 36.67%.

Insiders Place Their Bets

In other CNA Financial news, EVP Douglas Worman sold 22,973 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $48.75, for a total transaction of $1,119,933.75. Following the sale, the executive vice president now directly owns 133,777 shares of the company's stock, valued at approximately $6,521,628.75. This represents a 14.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Steven James sold 18,547 shares of CNA Financial stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $50.58, for a total transaction of $938,107.26. Following the completion of the transaction, the executive vice president now directly owns 22,917 shares of the company's stock, valued at $1,159,141.86. This trade represents a 44.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.31% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CNA Financial

Several institutional investors and hedge funds have recently bought and sold shares of CNA. True Wealth Design LLC acquired a new stake in shares of CNA Financial during the 3rd quarter worth approximately $36,000. Fairscale Capital LLC acquired a new stake in CNA Financial in the second quarter worth $55,000. GAMMA Investing LLC lifted its stake in CNA Financial by 36.9% in the second quarter. GAMMA Investing LLC now owns 1,566 shares of the insurance provider's stock valued at $72,000 after buying an additional 422 shares during the last quarter. Abich Financial Wealth Management LLC lifted its stake in CNA Financial by 39.1% in the first quarter. Abich Financial Wealth Management LLC now owns 1,756 shares of the insurance provider's stock valued at $80,000 after buying an additional 494 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in shares of CNA Financial by 82.0% during the first quarter. Covestor Ltd now owns 1,971 shares of the insurance provider's stock valued at $90,000 after acquiring an additional 888 shares during the period. Institutional investors and hedge funds own 98.45% of the company's stock.

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.