CNA Financial (NYSE:CNA) Issues Earnings Results, Beats Estimates By $0.14 EPS

CNA Financial (NYSE:CNA) announced its earnings results on Monday. The insurance provider reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.14, Zacks reports. CNA Financial had a return on equity of 13.30% and a net margin of 9.26%.

CNA Financial Stock Performance

CNA stock opened at $49.58 on Tuesday. CNA Financial has a 12 month low of $42.33 and a 12 month high of $52.36. The firm has a 50 day moving average of $48.54 and a two-hundred day moving average of $49.09. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $13.43 billion, a price-to-earnings ratio of 10.33 and a beta of 0.66.

Analysts Set New Price Targets

Several equities analysts have issued reports on CNA shares. StockNews.com upgraded shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. Keefe, Bruyette & Woods decreased their price target on shares of CNA Financial from $55.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, January 10th.

About CNA Financial

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.