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

CNA Financial (NYSE:CNA) announced its quarterly 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 net margin of 9.26% and a return on equity of 13.30%.

CNA Financial Stock Performance

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

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on CNA. Keefe, Bruyette & Woods reduced their price objective on CNA Financial from $55.00 to $54.00 and set a “market perform” rating for the company in a report on Friday, January 10th. StockNews.com raised CNA Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th.

CNA Financial Company Profile

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.