FY2027 EPS Forecast for CNA Financial Increased by Analyst

CNA Financial Corporation (NYSE:CNA) – Zacks Research lifted their FY2027 earnings per share (EPS) estimates for shares of CNA Financial in a report released on Tuesday, September 23rd. Zacks Research analyst Team now anticipates that the insurance provider will post earnings of $4.97 per share for the year, up from their prior forecast of $4.93. The consensus estimate for CNA Financial’s current full-year earnings is $4.64 per share.

CNA Financial (NYSE:CNA) last posted its quarterly earnings data on Monday, August 4th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.29. CNA Financial had a return on equity of 11.85% and a net margin of 5.99%.The company had revenue of $3.37 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the previous year, the business earned $1.19 EPS.

CNA Financial Price Performance

CNA opened at $45.75 on Thursday. The business has a fifty day moving average of $46.88 and a 200 day moving average of $47.17. CNA Financial has a 52-week low of $43.29 and a 52-week high of $51.42. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.23. The stock has a market cap of $12.38 billion, a P/E ratio of 14.25, a PEG ratio of 4.10 and a beta of 0.54.

Institutional Investors Weigh In On CNA Financial

A number of institutional investors and hedge funds have recently bought and sold shares of CNA. Hexagon Capital Partners LLC raised its position in CNA Financial by 56.4% during the 1st quarter. Hexagon Capital Partners LLC now owns 624 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 225 shares in the last quarter. Allworth Financial LP raised its position in CNA Financial by 102.3% during the 2nd quarter. Allworth Financial LP now owns 785 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 397 shares in the last quarter. IFP Advisors Inc raised its position in CNA Financial by 240.3% during the 2nd quarter. IFP Advisors Inc now owns 878 shares of the insurance provider’s stock valued at $41,000 after purchasing an additional 620 shares in the last quarter. State of Wyoming bought a new stake in CNA Financial during the 2nd quarter valued at $53,000. Finally, Quantbot Technologies LP bought a new stake in CNA Financial during the 2nd quarter valued at $55,000. 98.45% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other CNA Financial news, Chairman Dino Robusto sold 6,250 shares of CNA Financial stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $49.00, for a total transaction of $306,250.00. Following the completion of the sale, the chairman directly owned 686,838 shares of the company’s stock, valued at $33,655,062. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Scott R. Lindquist sold 10,000 shares of CNA Financial stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $48.81, for a total value of $488,100.00. Following the sale, the chief financial officer directly owned 89,867 shares of the company’s stock, valued at approximately $4,386,408.27. This trade represents a 10.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,630 shares of company stock valued at $1,204,802. 0.30% of the stock is owned by company insiders.

CNA Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were issued a dividend of $0.46 per share. The ex-dividend date was Monday, August 18th. This represents a $1.84 dividend on an annualized basis and a yield of 4.0%. CNA Financial’s payout ratio is presently 57.32%.

CNA Financial Company Profile

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.