CNA Financial Corporation (CNA) Earns Daily Coverage Optimism Score of 0.16
Media stories about CNA Financial Corporation (NYSE:CNA) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CNA Financial Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 45.9347155999639 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Eleven vision loss cases count as one occurrence under CNA policy (businessinsurance.com)
- Ascent Solar (ASTI) Stock: Management Serves Up A Compelling Interview; Investors Need To Focus (cnafinance.com)
- CNA : Announces Greg Dasher As Vice President, Underwriting for Small Business (4-traders.com)
- CNA Financial Corporation (CNA) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- CNA Announces Greg Dasher As Vice President, Underwriting for Small Business (finance.yahoo.com)
A number of research firms recently issued reports on CNA. BidaskClub raised shares of CNA Financial Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of CNA Financial Corporation from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research note on Monday, June 5th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $50.00 price target on shares of CNA Financial Corporation in a research note on Thursday, September 21st. Finally, ValuEngine raised shares of CNA Financial Corporation from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $47.00.
CNA Financial Corporation (NYSE CNA) opened at 50.00 on Friday. The company has a market cap of $13.55 billion, a P/E ratio of 12.17 and a beta of 1.24. CNA Financial Corporation has a 52 week low of $32.50 and a 52 week high of $53.67. The firm’s 50 day moving average is $50.50 and its 200-day moving average is $47.18.
CNA Financial Corporation (NYSE:CNA) last posted its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. CNA Financial Corporation had a net margin of 11.72% and a return on equity of 8.40%. The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.35 billion. During the same quarter in the previous year, the business posted $0.77 EPS. On average, analysts predict that CNA Financial Corporation will post $3.39 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 30th. Stockholders of record on Monday, August 14th were issued a $0.30 dividend. The ex-dividend date was Thursday, August 10th. This represents a $1.20 annualized dividend and a dividend yield of 2.40%. This is a positive change from CNA Financial Corporation’s previous quarterly dividend of $0.25. CNA Financial Corporation’s payout ratio is currently 29.20%.
In other news, CFO D Craig Mense sold 23,450 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $52.66, for a total value of $1,234,877.00. Following the completion of the sale, the chief financial officer now owns 130,548 shares in the company, valued at approximately $6,874,657.68. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.53% of the company’s stock.
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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.
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