CNA Financial
Market Cap
US$8.9b
Last Updated
2020/08/04 00:35 UTC
Data Sources
Company Financials +
Executive Summary
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued average dividend payer.
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
Stable Share Price: CNA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.5%
CNA
0.2%
US Insurance
2.5%
US Market
1 Year Return
-30.4%
CNA
-12.3%
US Insurance
15.9%
US Market
Return vs Industry: CNA underperformed the US Insurance industry which returned -12.1% over the past year.
Return vs Market: CNA underperformed the US Market which returned 14.9% over the past year.
Shareholder returns
| CNA | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | 0.2% | 2.5% |
| 30 Day | 5.4% | 6.6% | 5.8% |
| 90 Day | 18.0% | 16.7% | 18.2% |
| 1 Year | -24.7%-30.4% | -10.0%-12.3% | 18.4%15.9% |
| 3 Year | -23.0%-37.9% | 1.8%-5.9% | 39.9%30.9% |
| 5 Year | 22.0%-16.8% | 32.3%15.6% | 72.9%54.2% |
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
2 weeks ago | Simply Wall St
Have Insiders Been Selling CNA Financial Corporation (NYSE:CNA) Shares?1 month ago | Simply Wall St
CNA Financial Corporation's (NYSE:CNA) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?2 months 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?
28.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNA ($32.96) is trading below our estimate of fair value ($46.07)
Significantly Below Fair Value: CNA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNA is poor value based on its PE Ratio (15x) compared to the US Insurance industry average (14.1x).
PE vs Market: CNA is good value based on its PE Ratio (15x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: CNA is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: CNA is good value based on its PB Ratio (0.9x) compared to the US Insurance industry average (1x).
Next Steps
Future Growth
How is CNA Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
27.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNA's forecast earnings growth (27.7% per year) is above the savings rate (2.2%).
Earnings vs Market: CNA's earnings (27.7% per year) are forecast to grow faster than the US market (22.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CNA's revenue is expected to decline over the next 3 years (-6.7% per year).
High Growth Revenue: CNA's revenue is forecast to decline over the next 3 years (-6.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNA's Return on Equity is forecast to be low in 3 years time (8.7%).
Next Steps
Past Performance
How has CNA Financial performed over the past 5 years?
7.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNA has high quality earnings.
Growing Profit Margin: CNA's current net profit margins (5.8%) are lower than last year (8.4%).
Past Earnings Growth Analysis
Earnings Trend: CNA's earnings have grown by 7.2% 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 (-30.9%) over the past year, making it difficult to compare to the Insurance industry average (-5.5%).
Return on Equity
High ROE: CNA's Return on Equity (5.8%) is considered low.
Next Steps
Financial Health
How is CNA Financial's financial position?
Financial Position Analysis
Short Term Liabilities: CNA's short term assets ($8.7B) do not cover its short term liabilities ($27.4B).
Long Term Liabilities: CNA's short term assets ($8.7B) do not cover its long term liabilities ($20.6B).
Debt to Equity History and Analysis
Debt Level: CNA's debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: CNA's debt to equity ratio has increased from 20.6% to 23% over the past 5 years.
Debt Coverage: CNA's debt is well covered by operating cash flow (44.8%).
Interest Coverage: CNA's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Next Steps
Dividend
What is CNA Financial current dividend yield, its reliability and sustainability?
10.56%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNA's dividend (10.56%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: CNA's dividend (10.56%) is in the top 25% of dividend payers in the US market (4.51%)
Stability and Growth of Payments
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 reasonable payout ratio (64.6%), CNA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNA's dividends in 3 years are forecast to be covered by earnings (87.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Dino Robusto (62 yo)
3.75yrs
Tenure
US$13,054,480
Compensation
Mr. Dino Ennio Robusto is Chairman and Chief Executive Officer of CNA Financial Corporation (CNA). Since joining CNA Financial Corporation in November 2016, he has re-energized the business and reinvig ...
CEO Compensation Analysis
Compensation vs Market: Dino's total compensation ($USD13.05M) is above average for companies of similar size in the US market ($USD7.31M).
Compensation vs Earnings: Dino's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.75yrs | US$13.05m | 0.12% $ 10.8m | |
| Executive VP & Chief Underwriting Officer | 3.42yrs | US$3.99m | 0.019% $ 1.7m | |
| President & COO of CNA Specialty | 3.25yrs | US$3.38m | 0.021% $ 1.9m | |
| President & COO of Commercial for CNA insurance companies | no data | US$3.56m | 0.029% $ 2.6m | |
| Executive VP & CFO | 0.50yr | no data | 0.019% $ 1.7m | |
| Chief Operating Officer | no data | no data | no data | |
| Senior Vice President of Investments & Treasury | 5.75yrs | no data | no data | |
| Chief Information Officer | 0.92yr | no data | no data | |
| Senior VP & Chief Compliance Officer | 2.17yrs | no data | no data | |
| Executive VP & General Counsel | 1.08yrs | no data | 0.0035% $ 314.0k | |
| Senior Vice President of Corporate Communications | no data | no data | no data | |
| Vice President of Corporate Development | 3.67yrs | no data | no data |
3.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: CNA's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.75yrs | US$13.05m | 0.12% $ 10.8m | |
| VP & Director | 2.33yrs | no data | no data | |
| Senior VP & Director | 1.33yrs | no data | no data | |
| Director | 14.5yrs | US$9.67k | 0.039% $ 3.5m | |
| Director | 35.25yrs | US$9.67k | 0.039% $ 3.5m | |
| Independent Director | 3.33yrs | US$150.00k | no data | |
| Independent Director | 27.25yrs | US$155.00k | 0.00018% $ 16.1k | |
| Independent Director | 18.25yrs | US$150.00k | no data | |
| Independent Director | 2.83yrs | US$150.00k | no data | |
| Independent Director | 13.5yrs | US$170.00k | no data | |
| Director | 1.58yrs | no data | no data |
3.8yrs
Average Tenure
63yo
Average Age
Experienced Board: CNA's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$8.945b
- Shares outstanding: 271.38m
- 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. The company operates through Specialty, Commercial, International, Life & Group, and C ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/04 00:35 |
| End of Day Share Price | 2020/08/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.