CNA Financial (NYSE:CNA) Releases Earnings Results

CNA Financial (NYSE:CNA) issued its quarterly earnings data on Monday. The insurance provider reported $1.25 EPS for the quarter, topping the consensus estimate 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 Price Performance

Shares of CNA Financial stock opened at $49.58 on Tuesday. The stock’s 50-day simple moving average is $48.54 and its 200-day simple moving average is $49.09. CNA Financial has a 52 week low of $42.33 and a 52 week high of $52.36. The company has a market capitalization of $13.43 billion, a price-to-earnings ratio of 10.33 and a beta of 0.66. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28.

Analyst Ratings Changes

CNA has been the topic of several analyst reports. Keefe, Bruyette & Woods lowered their target price on CNA Financial from $55.00 to $54.00 and set a “market perform” rating on the stock in a research report on Friday, January 10th. StockNews.com upgraded CNA Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th.

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.