CNA(CNA)

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CNA Financial Q4 Earnings & Revenues Top Estimates, Dividend Raised
ZACKS· 2025-02-11 19:06
CNA Financial (CNA) reported fourth-quarter 2024 core earnings of $1.25 per share, which beat the Zacks Consensus Estimate by 12.6%. The bottom line, however, decreased 6% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly results of CNA reflect higher investment income and higher underlying underwriting income, partially offset by increased catastrophe losses.Behind Fourth-Quarter HeadlinesTotal operating revenues of CNA Financial were $3.3 billion, up 7.4% yea ...
CNA(CNA) - 2024 Q4 - Annual Report
2025-02-11 15:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 151 N. Franklin 60606 Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Num ...
CNA Financial (CNA) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-02-10 13:10
Core Insights - CNA Financial reported quarterly earnings of $1.25 per share, exceeding the Zacks Consensus Estimate of $1.11 per share, but down from $1.33 per share a year ago, representing an earnings surprise of 12.61% [1] - The company posted revenues of $3.33 billion for the quarter, surpassing the Zacks Consensus Estimate by 4.58% and up from $3.1 billion year-over-year [2] - The stock has added approximately 1.3% since the beginning of the year, underperforming the S&P 500's gain of 2.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.52 on revenues of $3.07 billion, and for the current fiscal year, it is $4.79 on revenues of $13.22 billion [7] - The estimate revisions trend for CNA Financial is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Insurance - Property and Casualty industry is currently ranked in the bottom 46% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Skyward Specialty Insurance, another company in the same industry, is expected to report quarterly earnings of $0.75 per share, reflecting a year-over-year increase of 23% [9]
CNA(CNA) - 2024 Q4 - Annual Results
2025-02-10 11:13
CNA Financial Corporation Supplemental Financial Information December 31, 2024 This report is for informational purposes only and includes consolidated financial statements and financial exhibits that are unaudited. This report should be read in conjunction with documents filed with the U.S. Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Table of Contents | | Page | | --- | --- | | Consolidated Results | | | Statements of Operatio ...
CNA Financial to Report Fourth Quarter 2024 Results on February 10
Prnewswire· 2025-01-21 15:00
CHICAGO, Jan. 21, 2025 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report fourth quarter 2024 results before the market opens on Monday, February 10, 2025. The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com via the Investor Relations section. Along with these documents CNA will post a transcript of earnings remarks, which will include commentary from the Company's President and Chief Executive Officer, Douglas M. Worman, and Chie ...
CNA Stock Trading at a Discount to the Industry: Should You Buy It?
ZACKS· 2024-12-24 17:16
CNA Financial Corporation (CNA) shares are trading at a discount to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 1.21X is lower than the industry average of 1.53X.The company has a Value Score of A, which suggests that the stock is cheap and indicates a favorable valuation at this moment. This style score helps find the most attractive value stocks.Being one of the largest U.S. commercial lines insurers, CNA has a market capitalization of $13.1 billion. The average volume o ...
Why Is CNA Financial (CNA) Up 4.1% Since Last Earnings Report?
ZACKS· 2024-12-04 17:37
It has been about a month since the last earnings report for CNA Financial (CNA) . Shares have added about 4.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is CNA Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. CNA Financial Q3 Earnings, Revenues Top ...
The Zacks Analyst Blog First American Financial, Cincinnati Financial, CNA Financial and American Financial
ZACKS· 2024-11-27 08:50
Core Insights - The Zacks Property and Casualty (P&C) Insurance industry is positioned for growth due to better pricing, prudent underwriting, and an improving rate environment, supported by a solid capital position [2][4] - Despite challenges from increased catastrophe events leading to significant economic and insurance losses, the P&C insurance industry has outperformed the S&P 500 and Finance sector year-to-date [3][4] - The industry is experiencing a shift towards technology adoption, which is expected to enhance operational efficiency and generate substantial premiums from AI-related insurance by 2032 [10] Industry Overview - The P&C insurance industry has a Zacks Industry Rank of 31, placing it in the top 12% of over 250 Zacks industries, indicating strong growth potential [2] - Global commercial insurance rates saw a 1% decrease in Q3 2024, marking the first decline in seven years [6] - Analysts predict a premium growth of 9.5% for 2024 and 4% for 2025, with gross premiums expected to exceed $722 billion by 2030 [7] Company Highlights - **First American Financial Corp. (FAF)**: Market cap of $7.17 billion, with a dividend yield of 3.1% and a five-year annualized dividend growth rate of 5.19%. The company is well-positioned to benefit from increased demand among millennials for home purchases [12][13] - **Cincinnati Financial Corp. (CINF)**: Market cap of $24.92 billion, with a dividend yield of 2.03% and a five-year annualized dividend growth rate of 7.97%. The company has a strong history of dividend increases, having raised its annual cash dividend for 64 consecutive years [14][15] - **CNA Financial Corp. (CNA)**: Market cap of $13.46 billion, with a dividend yield of 3.5% and a five-year annualized dividend growth rate of 4.60%. The company focuses on better pricing and increased exposure across its segments [16][17] - **American Financial Group (AFG)**: Market cap of $12.51 billion, with a dividend yield of 2.15% and a five-year annualized dividend growth rate of 11.63%. The company has consistently increased its dividends for the past 18 years [19][20]
CNA Stock Near 52-Week High: Here's What Investors Should Know
ZACKS· 2024-11-21 15:26
Core Viewpoint - CNA Financial Corporation is experiencing strong investor confidence, with its stock trading near a 52-week high and showing solid upward momentum, indicating potential for further price appreciation [1][2]. Company Performance - The company has a market capitalization of $13.23 billion and has seen its shares gain 15.4% year-to-date, although this is below the industry's growth of 30.9% [2]. - The Zacks Consensus Estimate projects a 1.2% year-over-year increase in earnings per share for 2024, with revenues expected to reach $12.52 billion, reflecting a 6.3% improvement [3]. - The trailing 12-month Return on Equity (ROE) stands at 13.3%, significantly higher than the industry average of 7.6% [4]. Growth Drivers - CNA Financial's premium growth is supported by solid retention rates, favorable renewal premium changes, and new business growth across its Specialty, Commercial, and International segments [5]. - Net investment income is expected to benefit from fixed-income securities and other investments, with a focus on diversified investment-grade corporates and highly rated municipal securities [6]. - The company maintains a strong balance sheet with a statutory surplus of $11.3 billion and a conservative capital structure, ensuring liquidity and stability [7]. Shareholder Returns - Consistent cash flow generation and strong underwriting performance enable CNA to distribute wealth to shareholders, with a 10-year compound annual growth rate (CAGR) of 5.8% in quarterly dividends [8]. Challenges - CNA Financial faces risks from catastrophe losses due to natural disasters, which can induce volatility in results [9]. - Rising expenses, particularly from increasing net incurred claims and benefits, may impact overall profitability [9]. Industry Comparisons - Investors may consider other property and casualty insurers with better rankings, such as First American Financial Corporation, Mercury General Corporation, and The Travelers Companies, which have shown strong earnings growth and stock performance [10][11][12].
CNA Financial: A Steady, Dividend-Oriented Insurer Navigating Through Higher Loss Trends
Seeking Alpha· 2024-11-05 19:14
CNA Financial (NYSE: CNA ) is one of the stocks I have held for a long time. I am still a proud shareholder of the property and casualty insurance carrier, which is largely owned by LoewsThe CrickAnt is an actuary for an insurance company utilizing his work experience to do analysis on insurance and reinsurance companies. He is a contributing author to the investing group Cash Flow Club where along with Darren McCammon and Jonathan Weber, they focus on company cash flows and their access to capital. Core fe ...