CNA Financial Corp. (CNA) Sees Large Volume Increase
CNA Financial Corp. (NYSE:CNA) saw strong trading volume on Friday . 185,964 shares traded hands during mid-day trading, an increase of 77% from the previous session’s volume of 104,957 shares.The stock last traded at $33.69 and had previously closed at $33.26.
Separately, Zacks Investment Research lowered shares of CNA Financial Corp. from a “hold” rating to a “sell” rating in a research report on Monday, July 25th.
The stock has a 50-day moving average price of $32.30 and a 200-day moving average price of $31.66. The firm has a market capitalization of $9.11 billion and a P/E ratio of 23.78.
CNA Financial Corp. (NYSE:CNA) last issued its quarterly earnings results on Monday, August 1st. The company reported $0.74 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.71 by $0.03. During the same quarter in the previous year, the business earned $0.49 EPS. On average, equities research analysts predict that CNA Financial Corp. will post $2.68 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, August 11th. This represents a $1.00 dividend on an annualized basis and a yield of 2.97%.
CNA Financial Corporation is an insurance holding company. The Company’s segments include Specialty, Commercial, International, Life & Group Non-Core, and Corporate & Other Non-Core. The Specialty segment provides an array of professional, financial, and specialty property and casualty products and services.
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