CNA Financial
Market Cap
US$12.7b
Last Updated
2019/10/19 23:32 UTC
Data Sources
Company Financials +
Executive Summary
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States.
Snowflake
Fundamentals
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has CNA Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.9%
CNA
0.1%
US Insurance
0.4%
US Market
1 Year Return
6.4%
CNA
13.6%
US Insurance
6.9%
US Market
Return vs Industry: CNA underperformed the US Insurance industry which returned 13.6% over the past year.
Return vs Market: CNA matched the US Market which returned 6.9% over the past year.
Shareholder returns
| CNA | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | 0.1% | 0.4% |
| 30 Day | -5.0% | -2.2% | -1.1% |
| 90 Day | -1.3% | -1.8% | -0.5% |
| 1 Year | 14.7%6.4% | 16.4%13.6% | 9.3%6.9% |
| 3 Year | 63.8%32.8% | 44.8%33.6% | 45.8%36.4% |
| 5 Year | 78.4%22.2% | 69.9%49.7% | 62.9%45.1% |
Price Volatility Vs. Market
How volatile is CNA Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Taking A Look At CNA Financial Corporation's (NYSE:CNA) ROE3 weeks ago | Simply Wall St
Here's What You Should Know About CNA Financial Corporation's (NYSE:CNA) 6.8% Dividend Yield1 month ago | Simply Wall St
Should You Worry About CNA Financial Corporation's (NYSE:CNA) CEO Salary Level?Valuation
Is CNA Financial undervalued compared to its fair value and its price relative to the market?
14.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: CNA ($46.96) is trading above our estimate of fair value ($45.98)
Significantly Undervalued: CNA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNA is good value based on its PE Ratio (14.6x) compared to the Insurance industry average (15.6x).
PE vs Market: CNA is good value based on its PE Ratio (14.6x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: CNA is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: CNA is good value based on its PB Ratio (1.1x) compared to the US Insurance industry average (1.2x).
Next Steps
Future Growth
How is CNA Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
8.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNA's forecast earnings growth (8% per year) is above the savings rate (2.7%).
Earnings vs Market: CNA's earnings (8% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: CNA's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if CNA's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CNA's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: CNA's Return on Equity is forecast to be low in 3 years time (8.8%).
Next Steps
Past Performance
How has CNA Financial performed over the past 5 years?
4.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CNA's earnings have grown by 4.4% per year over the past 5 years.
Accelerating Growth: CNA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNA had negative earnings growth (-6%) over the past year, making it difficult to compare to the Insurance industry average (1.4%).
Return on Equity
High ROE: CNA's Return on Equity (7.2%) is considered low.
Return on Assets
ROA vs Industry: CNA's Return on Assets is below or equal to the Insurance industry average last year.
Return on Capital Employed
ROCE Improving: CNA has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is CNA Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: CNA has a low level of unsold assets or inventory.
Debt Coverage by Assets: CNA's debt is covered by short term assets (assets are 3.387970x debt).
Financial Institutions Analysis
Asset Level: CNA's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CNA has a sufficient allowance for bad loans.
Low Risk Liabilities: CNA reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CNA has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CNA has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CNA has an appropriate level of bad loans.
Next Steps
Dividend
What is CNA Financial's current dividend yield, its reliability and sustainability?
7.24%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: CNA's dividend (7.24%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CNA's dividend (7.24%) is in the top 25% of dividend payers in the US market (3.73%)
Stable Dividend: Whilst dividend payments have been stable, CNA has been paying a dividend for less than 10 years.
Growing Dividend: CNA's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.6%), CNA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNA's dividends in 3 years are forecast to be covered by earnings (85.8% payout ratio).
Next Steps
Management
What is the CEO of CNA Financial's salary, the management and board of directors tenure and is there insider trading?
2.4yrs
Average management tenure
CEO
Dino Robusto (61yo)
2.9yrs
Tenure
US$10,109,176
Compensation
Mr. Dino Ennio Robusto has been the Chairman of the Board and Chief Executive Officer at CNA Financial Corporation since November 21, 2016. He serves as Chairman, President and Chief Executive Officer at T ...
CEO Compensation Analysis
Compensation vs. Market: Dino's total compensation ($USD10.11M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Dino's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.4yrs
Average Tenure
52.5yo
Average Age
Experienced Management: CNA's management team is considered experienced (2.4 years average tenure).
Board Age and Tenure
7.8yrs
Average Tenure
64yo
Average Age
Experienced Board: CNA's board of directors are considered experienced (7.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman of the Board & CEO |
| Shares | 1,094 |
| Max Price | US$45.65 |
| Entity | Individual |
| Shares | 7,132 |
| Max Price | US$45.79 |
Ownership Breakdown
Management Team
Dino Robusto (61yo)
Chairman of the Board & CEO
- Tenure: 2.9yrs
- Compensation: US$10.11m
James Anderson (46yo)
Executive VP & CFO
- Tenure: 1.2yrs
- Compensation: US$1.81m
Doug Worman (51yo)
Executive VP & Chief Underwriting Officer for CNA Insurance
- Tenure: 2.6yrs
- Compensation: US$3.39m
Kevin Smith (54yo)
President & COO of Specialty for CNA Insurance
- Tenure: 2.4yrs
- Compensation: US$2.96m
Ray Oral
Chief Information Officer
- Tenure: 10.1yrs
Amy Adams
Senior Vice President of Investments & Treasury
- Tenure: 4.9yrs
Kevin Leidwinger (55yo)
President & COO of Commercial for CNA Insurance Lines
- Tenure: 0yrs
- Compensation: US$3.01m
Garrett Williams
Senior VP & Chief Compliance Officer
- Tenure: 1.3yrs
Michael Costonis (48yo)
Executive VP & COO
- Tenure: 1.1yrs
Jane Possell
Chief Information Officer
- Tenure: 0.08yrs
Board Members
Andrew Tisch (70yo)
Director
- Tenure: 13.7yrs
- Compensation: US$9.67k
James Tisch (66yo)
Director
- Tenure: 34.4yrs
- Compensation: US$9.67k
André Rice (59yo)
Director
- Tenure: 2.5yrs
- Compensation: US$150.00k
Marvin Zonis (82yo)
Independent Director
- Tenure: 26.4yrs
- Compensation: US$155.00k
Don Randel (78yo)
Independent Director
- Tenure: 17.4yrs
- Compensation: US$150.00k
Mike Bless (54yo)
Director
- Tenure: 2yrs
- Compensation: US$150.00k
Dino Robusto (61yo)
Chairman of the Board & CEO
- Tenure: 2.9yrs
- Compensation: US$10.11m
Jose Montemayor (68yo)
Independent Director
- Tenure: 12.7yrs
- Compensation: US$170.00k
Kenneth Siegel (62yo)
Senior VP & Director
- Tenure: 0.5yrs
Ben Tisch (36yo)
VP & Director
- Tenure: 1.5yrs
Company Information
CNA Financial Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: CNA Financial Corporation
- Ticker: CNA
- Exchange: NYSE
- Founded: 1853
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$12.750b
- Shares outstanding: 271.51m
- Website: https://www.cna.com
Number of Employees
Location
- CNA Financial Corporation
- 151 North Franklin Street
- Chicago
- Illinois
- 60606
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CNA | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| CNH | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
Biography
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It offers professional liability coverages and risk management services to various pro ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:32 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.