Q4 EPS Estimates for CNA Financial Cut by Zacks Research

CNA Financial Co. (NYSE:CNA) – Equities research analysts at Zacks Research reduced their Q4 2024 earnings estimates for CNA Financial in a research note issued to investors on Monday, November 18th. Zacks Research analyst T. De now expects that the insurance provider will post earnings of $1.08 per share for the quarter, down from their prior forecast of $1.23. The consensus estimate for CNA Financial’s current full-year earnings is $4.65 per share. Zacks Research also issued estimates for CNA Financial’s Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $4.88 EPS, Q1 2026 earnings at $1.61 EPS, Q2 2026 earnings at $1.22 EPS, Q3 2026 earnings at $1.17 EPS and FY2026 earnings at $4.87 EPS.

Several other brokerages have also recently issued reports on CNA. Keefe, Bruyette & Woods lifted their price objective on CNA Financial from $54.00 to $55.00 and gave the stock a “market perform” rating in a report on Friday, November 8th. Bank of America increased their target price on CNA Financial from $45.00 to $48.00 and gave the company an “underperform” rating in a report on Thursday, October 10th. Finally, StockNews.com raised CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.

CNA Financial Stock Up 0.8 %

CNA stock opened at $49.23 on Wednesday. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.28. The company’s 50-day moving average price is $48.92 and its 200 day moving average price is $47.68. CNA Financial has a 52 week low of $40.92 and a 52 week high of $52.36. The company has a market cap of $13.33 billion, a P/E ratio of 10.26, a P/E/G ratio of 6.26 and a beta of 0.65.

CNA Financial (NYSE:CNA) last released its earnings results on Monday, November 4th. The insurance provider reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. CNA Financial had a return on equity of 13.30% and a net margin of 9.26%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.15 billion. During the same quarter last year, the company earned $1.06 earnings per share.

Institutional Trading of CNA Financial

A number of hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC bought a new stake in CNA Financial in the first quarter valued at about $231,000. Russell Investments Group Ltd. lifted its position in shares of CNA Financial by 9.5% in the 1st quarter. Russell Investments Group Ltd. now owns 58,958 shares of the insurance provider’s stock worth $2,678,000 after buying an additional 5,130 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of CNA Financial by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 706,279 shares of the insurance provider’s stock valued at $32,079,000 after buying an additional 7,201 shares during the period. Covestor Ltd raised its stake in CNA Financial by 82.0% during the first quarter. Covestor Ltd now owns 1,971 shares of the insurance provider’s stock worth $90,000 after acquiring an additional 888 shares during the period. Finally, EntryPoint Capital LLC bought a new position in CNA Financial in the first quarter worth about $101,000. Institutional investors and hedge funds own 98.45% of the company’s stock.

Insider Activity at CNA Financial

In other news, EVP Mark Steven James sold 18,547 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $50.58, for a total transaction of $938,107.26. Following the transaction, the executive vice president now directly owns 22,917 shares of the company’s stock, valued at approximately $1,159,141.86. The trade was a 44.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Douglas Worman sold 22,973 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $48.75, for a total transaction of $1,119,933.75. Following the completion of the transaction, the executive vice president now owns 133,777 shares of the company’s stock, valued at $6,521,628.75. This trade represents a 14.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.30% of the stock is owned by insiders.

CNA Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, November 18th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.58%. The ex-dividend date of this dividend is Monday, November 18th. CNA Financial’s dividend payout ratio (DPR) is currently 36.67%.

About CNA Financial

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.