Wall Street analysts expect CNA Financial Corporation (NYSE:CNA) to report earnings per share of $0.87 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for CNA Financial Corporation’s earnings. The highest EPS estimate is $1.05 and the lowest is $0.75. CNA Financial Corporation reported earnings of $1.15 per share in the same quarter last year, which indicates a negative year over year growth rate of 24.3%. The business is scheduled to issue its next earnings results on Monday, October 30th.

Zacks’ EPS averages are a mean average based on a survey of research firms that cover CNA Financial Corporation.

CNA Financial Corporation (NYSE:CNA) last posted its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.88 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.13. CNA Financial Corporation had a net margin of 11.72% and a return on equity of 8.40%. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.35 billion. During the same quarter in the previous year, the firm posted $0.77 earnings per share.

A number of research firms recently weighed in on CNA. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $50.00 price objective on shares of CNA Financial Corporation in a research report on Thursday. BidaskClub cut shares of CNA Financial Corporation from a “buy” rating to a “hold” rating in a research report on Monday. Zacks Investment Research cut shares of CNA Financial Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 9th. Finally, Deutsche Bank AG cut shares of CNA Financial Corporation from a “buy” rating to a “hold” rating and increased their price objective for the stock from $45.00 to $46.00 in a research report on Tuesday, May 2nd. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. CNA Financial Corporation has an average rating of “Hold” and a consensus price target of $47.00.

Several institutional investors have recently bought and sold shares of CNA. Parallel Advisors LLC boosted its position in shares of CNA Financial Corporation by 16.5% in the first quarter. Parallel Advisors LLC now owns 3,021 shares of the insurance provider’s stock valued at $136,000 after buying an additional 427 shares in the last quarter. Neuburgh Advisers LLC acquired a new position in shares of CNA Financial Corporation during the first quarter valued at approximately $144,000. SG Americas Securities LLC boosted its position in shares of CNA Financial Corporation by 6.1% in the first quarter. SG Americas Securities LLC now owns 3,914 shares of the insurance provider’s stock valued at $173,000 after buying an additional 224 shares in the last quarter. Mckinley Capital Management LLC Delaware acquired a new position in shares of CNA Financial Corporation during the first quarter valued at approximately $173,000. Finally, Glen Harbor Capital Management LLC acquired a new position in shares of CNA Financial Corporation during the first quarter valued at approximately $197,000. 99.55% of the stock is owned by hedge funds and other institutional investors.

CNA Financial Corporation (NYSE CNA) traded up 0.63% during mid-day trading on Friday, hitting $53.07. 177,735 shares of the stock traded hands. The stock has a market cap of $14.38 billion, a P/E ratio of 12.92 and a beta of 1.23. The stock has a 50-day moving average price of $48.97 and a 200-day moving average price of $45.19. CNA Financial Corporation has a 12 month low of $31.59 and a 12 month high of $53.13.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Monday, August 14th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.26%. This is a boost from CNA Financial Corporation’s previous quarterly dividend of $0.25. CNA Financial Corporation’s dividend payout ratio (DPR) is presently 24.33%.

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CNA Financial Corporation Company Profile

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.

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Earnings History and Estimates for CNA Financial Corporation (NYSE:CNA)

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