CNA Financial (NYSE:CNA – Get Free Report) announced its quarterly earnings results on Monday. The insurance provider reported $0.75 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.46), FiscalAI reports. CNA Financial had a net margin of 6.80% and a return on equity of 9.53%. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.02 billion. During the same quarter in the prior year, the company earned $1.50 earnings per share.
CNA Financial Price Performance
Shares of CNA Financial stock traded up $0.60 on Wednesday, hitting $47.83. 71,712 shares of the company traded hands, compared to its average volume of 481,664. The firm’s 50-day simple moving average is $47.62 and its 200 day simple moving average is $47.73. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.27. The company has a market cap of $12.94 billion, a P/E ratio of 12.62, a P/E/G ratio of 5.49 and a beta of 0.22. CNA Financial has a 12-month low of $41.53 and a 12-month high of $55.71.
CNA Financial Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Monday, November 16th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.0%. CNA Financial’s dividend payout ratio is presently 42.20%.
Key CNA Financial News
Here are the key news stories impacting CNA Financial this week:
- Positive Sentiment: CNA expects full-year 2026 fixed-income and other investment income to exceed $2.3 billion, providing an earnings offset as it continues actions related to its long-term-care portfolio. Article: CNA expects investment income over $2.3 billion
- Positive Sentiment: The company declared a quarterly dividend of $0.48 per share, equivalent to $1.92 annually and a yield of about 4% based on the cited report. The dividend supports the stock’s income appeal. Article: CNA declares quarterly cash dividend
- Neutral Sentiment: International operations grew and outperformed, while CNA also reported premium growth. However, the international unit’s rate reductions and tighter U.S. commercial casualty margins leave questions about underwriting profitability. Article: CNA’s international arm cuts rates and grows
- Negative Sentiment: Q3 earnings were a significant miss: CNA reported $0.75 per share versus the $1.21 consensus, down from $1.50 a year earlier. Higher long-term-care reserves and catastrophe losses drove the decline, raising concerns about earnings quality and underwriting performance. Article: CNA Q3 earnings miss
- Negative Sentiment: Bank of America reiterated a Sell rating, citing weak earnings and the long-term-care reserve charge, despite raising its price target to $48. Article: CNA price target raised, but Sell rating reiterated
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on CNA shares. Weiss Ratings lowered shares of CNA Financial from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Zacks Research raised shares of CNA Financial from a “strong sell” rating to a “hold” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, CNA Financial presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on CNA Financial
CNA Financial Company Profile
CNA Financial Corporation (NYSE: CNA) is a commercial property and casualty insurance company serving businesses, professionals and organizations. Its offerings include commercial property, casualty, workers’ compensation, professional liability, management liability, cyber, surety, marine and other specialty insurance products.
The company distributes its products primarily through independent agents, brokers and other insurance intermediaries. CNA serves customers across the United States and Canada, as well as selected international markets, including the United Kingdom and Europe.
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