DOWLING & PARTN Raises Earnings Estimates for CNA Financial

CNA Financial Corporation (NYSE:CNA – Free Report) – Analysts at DOWLING & PARTN raised their FY2026 earnings estimates for CNA Financial in a research note issued to investors on Wednesday, October 7th. DOWLING & PARTN analyst D. Lukpanov now forecasts that the insurance provider will earn $4.35 per share for the year, up from their previous estimate of $4.10. The consensus estimate for CNA Financial’s current full-year earnings is $4.19 per share.

CNA Financial (NYSE:CNA – Get Free Report) last posted its earnings results on Monday, August 3rd. The insurance provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.11. CNA Financial had a net margin of 8.16% and a return on equity of 11.34%. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $2.97 billion. During the same period last year, the business posted $1.23 earnings per share.

CNA has been the subject of several other reports. Zacks Research upgraded CNA Financial from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 16th. Weiss Ratings downgraded shares of CNA Financial from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 2nd. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, CNA Financial presently has an average rating of “Moderate Buy”.

Check Out Our Latest Report on CNA Financial

CNA Financial Price Performance

CNA opened at $46.68 on Friday. The stock has a market cap of $12.63 billion, a P/E ratio of 10.26, a P/E/G ratio of 6.12 and a beta of 0.26. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.27. The company has a fifty day simple moving average of $48.74 and a 200 day simple moving average of $47.66. CNA Financial has a 12 month low of $41.53 and a 12 month high of $55.71.

CNA Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.92 annualized dividend and a dividend yield of 4.1%. CNA Financial’s dividend payout ratio (DPR) is currently 42.20%.

Insider Transactions at CNA Financial

In other news, EVP Mark James sold 8,273 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $53.15, for a total value of $439,709.95. Following the sale, the executive vice president directly owned 26,446 shares in the company, valued at $1,405,604.90. The trade was a 23.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Daniel Franzetti sold 22,656 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $53.09, for a total value of $1,202,807.04. Following the transaction, the chief accounting officer directly owned 68,032 shares of the company’s stock, valued at $3,611,818.88. This represents a 24.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On CNA Financial

Institutional investors have recently bought and sold shares of the company. Compass Financial Management LLC acquired a new stake in shares of CNA Financial in the second quarter valued at approximately $36,000. Elevation Wealth Partners LLC boosted its holdings in CNA Financial by 116.4% during the third quarter. Elevation Wealth Partners LLC now owns 829 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 446 shares during the last quarter. Versant Capital Management Inc boosted its holdings in CNA Financial by 25.7% during the third quarter. Versant Capital Management Inc now owns 1,358 shares of the insurance provider’s stock worth $61,000 after purchasing an additional 278 shares during the last quarter. Allworth Financial LP bought a new position in CNA Financial in the second quarter valued at $69,000. Finally, Wealth Enhancement Trust Services Inc. grew its position in CNA Financial by 888.3% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 1,611 shares of the insurance provider’s stock valued at $72,000 after purchasing an additional 1,448 shares in the last quarter. Institutional investors own 98.45% of the company’s stock.

About CNA Financial

(Get Free Report)

CNA Financial Corporation (NYSE: CNA) is a commercial property and casualty insurance company headquartered in Chicago, Illinois. Through its CNA Insurance operations, the company provides insurance products and risk-management services to businesses, professional organizations and other commercial customers.

CNA’s offerings include commercial property and casualty coverage, specialty insurance, professional liability, management liability, cyber insurance, workers’ compensation, marine insurance, surety and other risk solutions.

Read More

Earnings History and Estimates for CNA Financial (NYSE:CNA)

Receive News & Ratings for CNA Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CNA Financial and related companies with MarketBeat.com's FREE daily email newsletter.