FY2025 EPS Estimates for CNA Financial Co. (NYSE:CNA) Lifted by Zacks Research

CNA Financial Co. (NYSE:CNA) – Analysts at Zacks Research raised their FY2025 earnings per share (EPS) estimates for CNA Financial in a research note issued to investors on Wednesday, September 11th. Zacks Research analyst T. De now forecasts that the insurance provider will post earnings per share of $5.01 for the year, up from their prior estimate of $5.00. The consensus estimate for CNA Financial’s current full-year earnings is $4.86 per share.

Separately, Keefe, Bruyette & Woods raised their price target on CNA Financial from $48.00 to $53.00 and gave the company a “market perform” rating in a report on Thursday, August 1st.

CNA Financial Price Performance

CNA Financial stock opened at $50.53 on Monday. The business’s 50-day simple moving average is $49.29 and its 200 day simple moving average is $46.10. The stock has a market cap of $13.71 billion, a price-to-earnings ratio of 11.03, a P/E/G ratio of 3.37 and a beta of 0.65. CNA Financial has a 12-month low of $37.95 and a 12-month high of $52.36. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.30.

CNA Financial (NYSE:CNA) last announced its earnings results on Monday, July 29th. The insurance provider reported $1.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.19. The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.08 billion. CNA Financial had a return on equity of 14.02% and a net margin of 9.27%. During the same period last year, the company posted $1.13 earnings per share.

CNA Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Monday, August 12th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date was Monday, August 12th. CNA Financial’s dividend payout ratio (DPR) is currently 38.43%.

Insiders Place Their Bets

In other news, EVP Jane Elizabeth Possell sold 4,444 shares of CNA Financial stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $48.08, for a total transaction of $213,667.52. Following the transaction, the executive vice president now owns 30,009 shares in the company, valued at approximately $1,442,832.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, EVP Elizabeth Ann Aguinaga sold 26,160 shares of CNA Financial stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $49.60, for a total transaction of $1,297,536.00. Following the transaction, the executive vice president now owns 47,744 shares in the company, valued at approximately $2,368,102.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jane Elizabeth Possell sold 4,444 shares of CNA Financial stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $48.08, for a total value of $213,667.52. Following the completion of the sale, the executive vice president now directly owns 30,009 shares in the company, valued at approximately $1,442,832.72. The disclosure for this sale can be found here. Company insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC boosted its stake in CNA Financial by 97.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,152,528 shares of the insurance provider’s stock valued at $51,760,000 after purchasing an additional 570,172 shares during the period. Bank of New York Mellon Corp lifted its position in shares of CNA Financial by 45.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,068,956 shares of the insurance provider’s stock valued at $49,247,000 after acquiring an additional 334,463 shares during the period. Vanguard Group Inc. lifted its position in shares of CNA Financial by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 706,279 shares of the insurance provider’s stock valued at $32,079,000 after acquiring an additional 7,201 shares during the period. CORDA Investment Management LLC. lifted its position in shares of CNA Financial by 0.4% during the 4th quarter. CORDA Investment Management LLC. now owns 631,186 shares of the insurance provider’s stock valued at $26,705,000 after acquiring an additional 2,775 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of CNA Financial by 570.6% during the 2nd quarter. Rhumbline Advisers now owns 529,862 shares of the insurance provider’s stock valued at $24,411,000 after acquiring an additional 450,843 shares during the period. Institutional investors and hedge funds 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.