Headlines about Cna Financial Corp (NYSE:CNA) have been trending positive recently, AlphaOne Sentiment reports. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cna Financial Corp earned a news impact score of 0.27 on AlphaOne’s scale. AlphaOne also assigned news articles about the insurance provider an impact score of 68 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have impacted AlphaOne’s rankings:
- Cna Financial Corp (CNA) Cut to Hold at Zacks Investment Research (americanbankingnews.com)
- Uptrend Call Working As CNA Financial Stock Rises 34.5% (CNA) (mysmartrend.com)
- Cna Financial Corp (CNA) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- CNA Financial Corp. breached its 50 day moving average in a Bearish Manner : CNA-US : May 15, 2017 (finance.yahoo.com)
- CNA Financial Named Top Dividend Stock With Insider Buying and 2.26% Yield (CNA) (nasdaq.com)
Several equities research analysts have weighed in on the company. Deutsche Bank AG lowered Cna Financial Corp from a “buy” rating to a “hold” rating and increased their target price for the stock from $45.00 to $46.00 in a research report on Tuesday, May 2nd. Zacks Investment Research raised Cna Financial Corp from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Thursday, May 4th.
Cna Financial Corp (NYSE:CNA) opened at 44.09 on Friday. The company’s 50-day moving average price is $44.54 and its 200-day moving average price is $42.10. Cna Financial Corp has a 12-month low of $29.38 and a 12-month high of $46.44. The firm has a market capitalization of $11.95 billion, a price-to-earnings ratio of 11.34 and a beta of 1.12.
Cna Financial Corp (NYSE:CNA) last released its quarterly earnings results on Monday, May 1st. The insurance provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.08. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $2.02 billion. Cna Financial Corp had a net margin of 9.17% and a return on equity of 7.43%. The business’s quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.64 earnings per share. Equities analysts expect that Cna Financial Corp will post $3.39 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be issued a $0.25 dividend. The ex-dividend date is Thursday, May 11th. This represents a $1.00 annualized dividend and a dividend yield of 2.25%. Cna Financial Corp’s payout ratio is currently 31.65%.
In related news, CEO Dino Robusto bought 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The stock was bought at an average cost of $41.84 per share, for a total transaction of $502,080.00. Following the completion of the transaction, the chief executive officer now owns 12,000 shares of the company’s stock, valued at $502,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph Rosenberg sold 15,000 shares of the company’s stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $45.02, for a total transaction of $675,300.00. The disclosure for this sale can be found here. Corporate insiders own 0.52% of the company’s stock.
Cna Financial Corp 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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