CNA Financial Corporation (CNA) Earning Somewhat Favorable News Coverage, Report Finds
News stories about CNA Financial Corporation (NYSE:CNA) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CNA Financial Corporation earned a news impact score of 0.12 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 46.0759571878241 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Advanced Medical Isotope Corporation : (ADMD) has its first discussions with private animal consortiums to utilize RadioGelT (4-traders.com)
- CNA Financial Corp. : CNA-US: Dividend Analysis : August 14th, 2017 (record date) : By the numbers : September 13, 2017 (finance.yahoo.com)
- McGavick To Speak At Bermuda Convergence (bernews.com)
- Golar LNG Limited (GLNG) Holdings Raised by CNA Financial Corp (fishinghd.com)
CNA Financial Corporation (CNA) traded down 0.25% during mid-day trading on Friday, hitting $48.38. 292,052 shares of the stock were exchanged. The company has a market cap of $13.11 billion, a P/E ratio of 11.77 and a beta of 1.24. The company has a 50-day moving average price of $50.60 and a 200-day moving average price of $47.05. CNA Financial Corporation has a one year low of $32.36 and a one year high of $53.67.
CNA Financial Corporation (NYSE:CNA) last issued its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.88 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.75 by $0.13. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.35 billion. CNA Financial Corporation had a return on equity of 8.40% and a net margin of 11.72%. During the same period in the previous year, the business posted $0.77 EPS. On average, analysts predict that CNA Financial Corporation will post $3.36 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th were given a $0.30 dividend. This is an increase from CNA Financial Corporation’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a yield of 2.48%. The ex-dividend date was Thursday, August 10th. CNA Financial Corporation’s payout ratio is currently 29.20%.
A number of analysts have recently weighed in on the stock. BidaskClub raised shares of CNA Financial Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $50.00 price target on shares of CNA Financial Corporation in a research report on Thursday, August 3rd. Finally, Zacks Investment Research downgraded shares of CNA Financial Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $47.00.
In other CNA Financial Corporation news, CFO D Craig Mense sold 23,450 shares of CNA Financial Corporation stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $52.66, for a total value of $1,234,877.00. Following the transaction, the chief financial officer now directly owns 130,548 shares of the company’s stock, valued at approximately $6,874,657.68. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.53% of the company’s stock.
About CNA Financial Corporation
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. Its Specialty segment provides a range of professional, financial, and specialty property, and casualty products and services.
Receive News & Ratings for CNA Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNA Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.