CNA Financial Corporation (CNA) Getting Somewhat Favorable Media Coverage, Study Finds
News headlines about CNA Financial Corporation (NYSE:CNA) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CNA Financial Corporation earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 45.6604969713708 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s rankings:
- FACTBOX-Insurers’ preparations regarding Britain’s planned EU exit (cnbc.com)
- Judge rules for CNA, against Chubb in Superstorm Sandy coverage disputes (businessinsurance.com)
- CNA Financial Corporation (CNA) Expected to Post Quarterly Sales of $2.37 Billion (americanbankingnews.com)
- Pope Francis’ Trip To Burma Comes Amid ‘Textbook Example Of Ethnic Cleansing’ (eurasiareview.com)
- CNA Insurer Gets Quick Win In Sandy Row, But Not Chubb (law360.com)
Shares of CNA Financial Corporation (NYSE:CNA) opened at 50.67 on Thursday. CNA Financial Corporation has a 12-month low of $34.20 and a 12-month high of $53.67. The company has a market cap of $13.73 billion, a PE ratio of 12.33 and a beta of 1.25. The company has a 50 day moving average of $49.55 and a 200-day moving average of $47.63.
CNA Financial Corporation (NYSE:CNA) last posted its quarterly earnings results on Monday, July 31st. The insurance provider reported $0.88 EPS for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.13. The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.35 billion. CNA Financial Corporation had a net margin of 11.72% and a return on equity of 8.40%. During the same quarter in the prior year, the company posted $0.77 earnings per share. Equities research analysts anticipate that CNA Financial Corporation will post $3.39 earnings per share for the current year.
Several equities analysts have commented on CNA shares. BidaskClub cut shares of CNA Financial Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Zacks Investment Research cut shares of CNA Financial Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday. Keefe, Bruyette & Woods reissued a “hold” rating and set a $50.00 target price on shares of CNA Financial Corporation in a research report on Thursday, September 21st. Finally, ValuEngine raised shares of CNA Financial Corporation from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $45.00.
In related news, CFO D Craig Mense sold 23,450 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $52.66, for a total transaction of $1,234,877.00. Following the transaction, the chief financial officer now owns 130,548 shares in the company, valued at $6,874,657.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.53% of the stock is owned by corporate insiders.
CNA Financial Corporation 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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