Cna Financial Corp (NYSE:CNA) – Investment analysts at William Blair boosted their Q1 2018 EPS estimates for Cna Financial in a report issued on Monday. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $0.81 per share for the quarter, up from their previous estimate of $0.67. William Blair also issued estimates for Cna Financial’s Q2 2018 earnings at $0.86 EPS and Q3 2018 earnings at $0.96 EPS.
Cna Financial (NYSE:CNA) last announced its quarterly earnings results on Monday, February 12th. The insurance provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.23. Cna Financial had a net margin of 9.67% and a return on equity of 7.14%. During the same period in the previous year, the firm posted $0.82 earnings per share.
Several other brokerages have also recently weighed in on CNA. Zacks Investment Research raised shares of Cna Financial from a “hold” rating to a “strong-buy” rating and set a $61.00 price target for the company in a research report on Tuesday, November 28th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $55.00 price target on shares of Cna Financial in a research report on Wednesday, November 1st. Finally, ValuEngine cut shares of Cna Financial from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $53.33.
Shares of Cna Financial (CNA) opened at $51.54 on Tuesday. Cna Financial has a 52-week low of $40.76 and a 52-week high of $55.62. The firm has a market cap of $13,341.90, a P/E ratio of 15.62, a PEG ratio of 2.61 and a beta of 1.23. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.23 and a quick ratio of 0.23.
Several institutional investors and hedge funds have recently made changes to their positions in CNA. DekaBank Deutsche Girozentrale lifted its position in Cna Financial by 87.4% during the third quarter. DekaBank Deutsche Girozentrale now owns 2,774 shares of the insurance provider’s stock valued at $146,000 after acquiring an additional 1,294 shares during the last quarter. Koch Industries Inc. purchased a new stake in Cna Financial during the second quarter valued at approximately $203,000. Magnetar Financial LLC purchased a new stake in Cna Financial during the third quarter valued at approximately $204,000. Raymond James Trust N.A. purchased a new stake in Cna Financial during the fourth quarter valued at approximately $211,000. Finally, SG Americas Securities LLC lifted its position in Cna Financial by 37.9% during the third quarter. SG Americas Securities LLC now owns 4,386 shares of the insurance provider’s stock valued at $220,000 after acquiring an additional 1,205 shares during the last quarter. 99.82% of the stock is owned by hedge funds and other institutional investors.
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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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