Cna Financial (CNA) Announces Earnings Results, Beats Estimates By $0.23 EPS
Cna Financial (NYSE:CNA) posted its quarterly earnings data on Monday. The insurance provider reported $1.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.82 by $0.23, Bloomberg Earnings reports. Cna Financial had a return on equity of 7.14% and a net margin of 9.67%. During the same quarter in the previous year, the company posted $0.82 earnings per share.
Shares of Cna Financial (CNA) opened at $50.20 on Monday. Cna Financial has a 1-year low of $40.76 and a 1-year high of $55.62. The firm has a market capitalization of $13,341.90, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of 2.61 and a beta of 1.23. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.23 and a quick ratio of 0.23.
CNA has been the subject of a number of recent analyst reports. ValuEngine cut Cna Financial from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research upgraded Cna Financial from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a report on Thursday, January 4th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $55.00 price objective on shares of Cna Financial in a report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $53.33.
About Cna Financial
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 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.