CNA Financial (CNA) Scheduled to Post Earnings on Monday

CNA Financial (NYSE:CNA) is scheduled to post its quarterly earnings results before the market opens on Monday, May 6th. Analysts expect CNA Financial to post earnings of $1.36 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

CNA Financial (NYSE:CNA) last released its quarterly earnings data on Monday, February 5th. The insurance provider reported $1.33 EPS for the quarter, beating the consensus estimate of $1.10 by $0.23. CNA Financial had a return on equity of 14.33% and a net margin of 9.06%. The firm had revenue of $3.51 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter in the previous year, the company posted $1.01 earnings per share. On average, analysts expect CNA Financial to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

CNA Financial Stock Down 0.4 %

CNA Financial stock opened at $44.40 on Friday. The firm has a market capitalization of $12.03 billion, a price-to-earnings ratio of 10.02, a price-to-earnings-growth ratio of 1.77 and a beta of 0.63. The firm’s fifty day moving average price is $44.04 and its two-hundred day moving average price is $42.88. CNA Financial has a 1-year low of $36.41 and a 1-year high of $47.37. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.25.

CNA Financial Increases Dividend

The business also recently disclosed a None dividend, which was paid on Thursday, March 7th. Stockholders of record on Tuesday, February 20th were paid a $2.44 dividend. The ex-dividend date of this dividend was Friday, February 16th. This is an increase from CNA Financial’s previous None dividend of $1.62. This represents a dividend yield of 3.8%. CNA Financial’s dividend payout ratio is 39.73%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CNA. Bank of America cut CNA Financial from a “neutral” rating to an “underperform” rating and raised their price objective for the company from $39.00 to $43.00 in a research note on Tuesday, February 6th. StockNews.com raised shares of CNA Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of CNA Financial from $48.00 to $50.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 10th.

CNA Financial Company Profile

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.