CNA Financial (CNA) Scheduled to Post Earnings on Monday

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

CNA Financial (NYSE:CNA) last announced its quarterly earnings results on Monday, February 5th. The insurance provider reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.23. CNA Financial had a net margin of 9.06% and a return on equity of 14.33%. The business had revenue of $3.51 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter last year, the firm posted $1.01 EPS. 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 Price Performance

CNA stock opened at $44.40 on Friday. The firm has a 50 day moving average of $44.04 and a 200-day moving average of $42.88. The company has a market cap of $12.03 billion, a price-to-earnings ratio of 10.02, a PEG ratio of 1.77 and a beta of 0.63. 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 has a 12-month low of $36.41 and a 12-month high of $47.37.

CNA Financial Increases Dividend

The company also recently disclosed a None dividend, which was paid on Thursday, March 7th. Investors of record on Tuesday, February 20th were issued a dividend of $2.44 per share. The ex-dividend date was Friday, February 16th. This is a boost from CNA Financial’s previous None dividend of $1.62. This represents a yield of 3.8%. CNA Financial’s payout ratio is currently 39.73%.

Wall Street Analyst Weigh In

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

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.