CNA Financial - CNA Stock Forecast, Price & News

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. 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 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 standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products. It also provides property insurance products, such as property, marine, boiler, and machinery coverages; casualty insurance products comprising workers' compensation, general and product liability, commercial auto, and umbrella coverages; specialized loss-sensitive insurance programs and total risk management services; and run-off long term care policies. In addition, the company offers long-tail exposures comprising commercial automobile liability, workers' compensation, general and medical professional liability, other professional and management liability, and assumed reinsurance run-off and products liability; and short-tail exposures, such as property, commercial automobile physical damage, marine, and surety. It markets its products through independent agents, brokers, and general underwriters to small, medium, and large businesses; insurance companies; associations; professionals; and other groups in the marine, oil and gas, construction, manufacturing, life science, property, financial services, healthcare, and technology industries. The company was founded in 1853 and is headquartered in Chicago, Illinois. CNA Financial Corporation is a subsidiary of Loews Corporation.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of CNA Financial from a "buy" rating to a "hold" rating in a report on Sunday, July 31st.

CNA Financial Stock Performance

NYSE:CNA opened at $40.35 on Tuesday. The company's 50-day moving average is $43.41 and its two-hundred day moving average is $45.53. The firm has a market capitalization of $10.95 billion, a price-to-earnings ratio of 10.56, a PEG ratio of 2.16 and a beta of 0.66. CNA Financial has a 1-year low of $39.57 and a 1-year high of $50.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.26 and a quick ratio of 0.26.

CNA Financial (NYSE:CNA - Get Rating) last released its quarterly earnings results on Monday, August 1st. The insurance provider reported $0.90 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.03 by ($0.13). CNA Financial had a net margin of 8.80% and a return on equity of 9.28%. During the same quarter in the previous year, the company earned $1.25 earnings per share. Analysts forecast that CNA Financial will post 3.7 EPS for the current year.

CNA Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Monday, August 15th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date of this dividend is Friday, August 12th. CNA Financial's dividend payout ratio (DPR) is 41.88%.

Insider Activity

In other news, EVP Daniel Paul Franzetti sold 9,486 shares of the business's stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $44.79, for a total value of $424,877.94. Following the sale, the executive vice president now directly owns 41,830 shares of the company's stock, valued at approximately $1,873,565.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.24% of the company's stock.