CNA Financial (NYSE:CNA) Issues Earnings Results

CNA Financial (NYSE:CNA) announced its quarterly earnings data on Monday. The insurance provider reported $1.25 EPS for the quarter, beating 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

CNA opened at $49.01 on Monday. The firm has a market cap of $13.27 billion, a PE ratio of 10.21 and a beta of 0.66. The stock has a 50-day moving average price of $48.55 and a 200-day moving average price of $49.08. CNA Financial has a 1 year low of $42.33 and a 1 year high of $52.36. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.26 and a quick ratio of 0.26.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. StockNews.com raised shares of CNA Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th. Keefe, Bruyette & Woods lowered their target price 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.