News coverage about Cna Financial (NYSE:CNA) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cna Financial earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 44.5745996077411 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- CNA Financial (CNA) Up 1.2% Since Earnings Report: Can It Continue? (finance.yahoo.com)
- Taiwan shares end down on Wall Street losses (focustaiwan.tw)
- What is a BOP? It’s the Business Insurance Policy Every Small Business Needs (finance.yahoo.com)
- CNA Finance Initiates Research Coverage On Vegalab (itbusinessnet.com)
- Cincinnati Financial vs. CNA Financial: Which Scores Higher? (finance.yahoo.com)
Several equities research analysts recently weighed in on CNA shares. Zacks Investment Research raised Cna Financial from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research note on Thursday, January 4th. ValuEngine cut Cna Financial from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $53.33.
Cna Financial (NYSE:CNA) last issued its quarterly earnings results on Monday, February 12th. The insurance provider reported $1.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.23. The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.36 billion. Cna Financial had a return on equity of 7.64% and a net margin of 9.42%. During the same period in the prior year, the firm earned $0.82 earnings per share. equities research analysts predict that Cna Financial will post 4.04 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 14th. Investors of record on Monday, February 26th will be paid a $0.30 dividend. The ex-dividend date is Friday, February 23rd. This represents a $1.20 annualized dividend and a yield of 2.29%. Cna Financial’s payout ratio is 36.25%.
In other news, EVP Larry A. Haefner sold 7,457 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $53.25, for a total value of $397,085.25. Following the sale, the executive vice president now directly owns 42,460 shares of the company’s stock, valued at $2,260,995. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Scott L. Weber sold 1,486 shares of the stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $49.83, for a total value of $74,047.38. Following the completion of the sale, the executive vice president now directly owns 2,382 shares in the company, valued at $118,695.06. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.
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About Cna Financial
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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