Cna Financial (NYSE:CNA) posted its quarterly earnings results on Monday. The insurance provider reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.81 by ($0.89), MarketWatch Earnings reports. Cna Financial had a return on equity of 9.91% and a net margin of 11.00%. During the same quarter in the previous year, the firm earned $1.05 EPS.
Shares of CNA opened at $46.53 on Monday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 0.23. Cna Financial has a twelve month low of $41.49 and a twelve month high of $54.70. The stock has a market cap of $12.63 billion, a price-to-earnings ratio of 13.77, a P/E/G ratio of 2.17 and a beta of 0.92.
Separately, Zacks Investment Research raised shares of Cna Financial from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a report on Monday, October 15th.
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About Cna Financial
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company's property insurance products include property, marine, boiler, and machinery coverages; and casualty insurance products comprise workers compensation, general and product liability, commercial auto, and umbrella coverages.
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