Zacks Research Expects Weaker Earnings for CNA Financial

CNA Financial Corporation (NYSE:CNA) – Analysts at Zacks Research reduced their Q3 2026 EPS estimates for shares of CNA Financial in a research note issued to investors on Thursday, November 20th. Zacks Research analyst Team now expects that the insurance provider will post earnings of $1.36 per share for the quarter, down from their prior forecast of $1.38. Zacks Research has a “Strong-Buy” rating on the stock. 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, November 3rd. The insurance provider reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.25. CNA Financial had a net margin of 5.99% and a return on equity of 11.85%. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter in the previous year, the firm posted $1.08 EPS.

CNA has been the topic of a number of other reports. Wall Street Zen raised shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings raised CNA Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, CNA Financial currently has an average rating of “Buy” and an average target price of $53.00.

CNA Financial Trading Up 0.5%

CNA stock opened at $46.46 on Monday. The business has a fifty day moving average price of $45.79 and a 200 day moving average price of $46.37. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.27 and a quick ratio of 0.27. CNA Financial has a fifty-two week low of $43.29 and a fifty-two week high of $51.42. The stock has a market capitalization of $12.57 billion, a price-to-earnings ratio of 14.47, a P/E/G ratio of 3.86 and a beta of 0.50.

CNA Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.0%. CNA Financial’s dividend payout ratio is 50.41%.

Insider Buying and Selling

In other CNA Financial news, Chairman Dino Robusto sold 6,250 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $45.28, for a total value of $283,000.00. Following the completion of the transaction, the chairman owned 674,338 shares of the company’s stock, valued at $30,534,024.64. This represents a 0.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Scott R. Lindquist sold 8,380 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $48.98, for a total transaction of $410,452.40. Following the completion of the transaction, the chief financial officer owned 81,487 shares in the company, valued at approximately $3,991,233.26. The trade was a 9.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 37,130 shares of company stock worth $1,776,865 in the last 90 days. Company insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On CNA Financial

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Alpine Bank Wealth Management grew its stake in shares of CNA Financial by 70.0% during the 3rd quarter. Alpine Bank Wealth Management now owns 556 shares of the insurance provider’s stock worth $26,000 after acquiring an additional 229 shares during the period. 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 increased its stake in CNA Financial by 102.3% in the second quarter. Allworth Financial LP now owns 785 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 397 shares during the last quarter. Ameriflex Group Inc. raised its holdings in shares of CNA Financial by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 820 shares of the insurance provider’s stock valued at $38,000 after buying an additional 410 shares in the last quarter. Finally, IFP Advisors Inc grew its position in CNA Financial by 240.3% during the second quarter. IFP Advisors Inc now owns 878 shares of the insurance provider’s stock valued at $41,000 after acquiring an additional 620 shares during the last quarter. Hedge funds and other institutional investors own 98.45% of the company’s stock.

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.