Equities research analysts forecast that Cna Financial Corp (NYSE:CNA) will report $0.76 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Cna Financial’s earnings, with the lowest EPS estimate coming in at $0.72 and the highest estimate coming in at $0.82. Cna Financial reported earnings per share of $0.82 in the same quarter last year, which suggests a negative year over year growth rate of 7.3%. The company is scheduled to report its next quarterly earnings report on Monday, February 5th.

Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for Cna Financial.

Cna Financial (NYSE:CNA) last issued its quarterly earnings results on Monday, October 30th. The insurance provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.27). The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.37 billion. Cna Financial had a return on equity of 7.14% and a net margin of 9.67%. During the same quarter last year, the firm earned $1.15 earnings per share.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Cna Financial from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a report on Thursday, January 4th. ValuEngine downgraded shares of Cna Financial from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $55.00 price target on shares of Cna Financial in a report on Wednesday, November 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $53.33.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC acquired a new stake in shares of Cna Financial in the third quarter worth approximately $1,183,000. Allianz Asset Management GmbH boosted its position in shares of Cna Financial by 33.8% in the third quarter. Allianz Asset Management GmbH now owns 418,684 shares of the insurance provider’s stock worth $21,039,000 after acquiring an additional 105,815 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of Cna Financial by 19.5% in the third quarter. Prudential Financial Inc. now owns 173,911 shares of the insurance provider’s stock worth $8,739,000 after acquiring an additional 28,400 shares during the last quarter. Arrow Investment Advisors LLC acquired a new stake in shares of Cna Financial in the second quarter worth approximately $722,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Cna Financial in the third quarter worth approximately $838,000. 99.69% of the stock is currently owned by institutional investors and hedge funds.

Shares of Cna Financial (CNA) opened at $53.74 on Tuesday. The company has a market cap of $14,573.05, a PE ratio of 15.90, a PEG ratio of 2.91 and a beta of 1.32. Cna Financial has a twelve month low of $40.41 and a twelve month high of $55.62. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.22.

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Cna Financial 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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