CNA Financial (CNA) to Release Earnings on Monday

CNA Financial (NYSE:CNA) will be releasing its earnings data before the market opens on Monday, May 6th. Analysts expect CNA Financial to post earnings of $1.36 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

CNA Financial (NYSE:CNA) last posted its quarterly earnings data on Monday, February 5th. The insurance provider reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.23. CNA Financial had a net margin of 9.06% and a return on equity of 14.33%. The firm had revenue of $3.51 billion for the quarter, compared to the consensus estimate of $2.95 billion. During the same period in the prior year, the firm posted $1.01 EPS. 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 Trading Down 1.0 %

NYSE CNA opened at $43.24 on Monday. CNA Financial has a 12 month low of $36.41 and a 12 month high of $47.37. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market capitalization of $11.71 billion, a price-to-earnings ratio of 9.76, a price-to-earnings-growth ratio of 1.72 and a beta of 0.64. The company’s fifty day moving average price is $44.04 and its two-hundred day moving average price is $42.80.

CNA Financial Increases Dividend

The business also recently disclosed a None dividend, which was paid on Thursday, March 7th. Shareholders of record on Tuesday, February 20th were paid a dividend of $2.44 per share. This represents a yield of 3.8%. This is an increase from CNA Financial’s previous None dividend of $1.62. The ex-dividend date was Friday, February 16th. CNA Financial’s dividend payout ratio is 39.73%.

Analysts Set New Price Targets

A number of research analysts have commented on CNA shares. Keefe, Bruyette & Woods increased their price objective on shares of CNA Financial from $48.00 to $50.00 and gave the company a “market perform” rating in a research note on Wednesday, April 10th. Bank of America downgraded shares of CNA Financial from a “neutral” rating to an “underperform” rating and increased their price objective for the company from $39.00 to $43.00 in a research note on Tuesday, February 6th. Finally, StockNews.com upgraded shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, February 14th.

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.