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CNA

CNA FinancialNYSE:CNA Stock Report

Market Cap

US$11.6b

7D

1.9%

1Y

40.6%

Updated

27 Sep, 2021

Data

Company Financials +
CNA fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends5/6

CNA Overview

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States.

CNA Financial Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CNA Financial
Historical stock prices
Current Share PriceUS$42.83
52 Week HighUS$28.37
52 Week LowUS$49.08
Beta0.84
1 Month Change-3.43%
3 Month Change-5.64%
1 Year Change40.56%
3 Year Change-5.60%
5 Year Change25.82%
Change since IPO28.49%

Recent News & Updates

Aug 27

CNA Financial Delivered Steady Q2 2021 Results

CNA Financial delivered steady Q2 2021 results. The earnings growth was fueled by the underwriting margin improvements and the investment gains. If the underwriting margins remain steady for the second half of the year, in my opinion, CNA Financial will undoubtedly distribute the excess capital to shareholders via a higher special dividend than last year. A dividend seeker might enjoy investing in CNA Financial, even though the company seems to be reasonably valued.

Shareholder Returns

CNAUS InsuranceUS Market
7D1.9%2.9%2.0%
1Y40.6%39.8%32.8%

Return vs Industry: CNA matched the US Insurance industry which returned 39.8% over the past year.

Return vs Market: CNA exceeded the US Market which returned 32.8% over the past year.

Price Volatility

Is CNA's price volatile compared to industry and market?
CNA volatility
CNA Beta0.84
Industry Beta0.97
Market Beta1

Stable Share Price: CNA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CNA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18535,800Dino Robustohttps://www.cna.com

CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated standard property and casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.

CNA Financial Fundamentals Summary

How do CNA Financial's earnings and revenue compare to its market cap?
CNA fundamental statistics
Market CapUS$11.62b
Earnings (TTM)US$1.28b
Revenue (TTM)US$11.65b

9.1x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CNA income statement (TTM)
RevenueUS$11.65b
Cost of RevenueUS$7.60b
Gross ProfitUS$4.05b
ExpensesUS$2.77b
EarningsUS$1.28b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.72
Gross Margin34.78%
Net Profit Margin10.99%
Debt/Equity Ratio21.9%

How did CNA perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

32%

Payout Ratio

Valuation

Is CNA Financial undervalued compared to its fair value and its price relative to the market?

23.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CNA ($42.83) is trading below our estimate of fair value ($55.84)

Significantly Below Fair Value: CNA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CNA is good value based on its PE Ratio (9.1x) compared to the US Insurance industry average (9.7x).

PE vs Market: CNA is good value based on its PE Ratio (9.1x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: CNA is poor value based on its PEG Ratio (4.6x)


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 (1.1x).


Future Growth

How is CNA Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNA's forecast earnings growth (2% per year) is below the savings rate (2%).

Earnings vs Market: CNA's earnings (2% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: CNA's earnings are forecast to grow, but not significantly.

Revenue vs Market: CNA's revenue is expected to decline over the next 3 years (-6.8% per year).

High Growth Revenue: CNA's revenue is forecast to decline over the next 3 years (-6.8% 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 (9.9%).


Past Performance

How has CNA Financial performed over the past 5 years?

1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNA has high quality earnings.

Growing Profit Margin: CNA's current net profit margins (11%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: CNA's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: CNA's earnings growth over the past year (172.3%) exceeds its 5-year average (1.6% per year).

Earnings vs Industry: CNA earnings growth over the past year (172.3%) exceeded the Insurance industry 76%.


Return on Equity

High ROE: CNA's Return on Equity (10.1%) is considered low.


Financial Health

How is CNA Financial's financial position?


Financial Position Analysis

Short Term Liabilities: CNA's short term assets ($10.5B) do not cover its short term liabilities ($29.8B).

Long Term Liabilities: CNA's short term assets ($10.5B) do not cover its long term liabilities ($23.8B).


Debt to Equity History and Analysis

Debt Level: CNA's debt to equity ratio (21.9%) is considered satisfactory.

Reducing Debt: CNA's debt to equity ratio has reduced from 22.8% to 21.9% over the past 5 years.

Debt Coverage: CNA's debt is well covered by operating cash flow (65.2%).

Interest Coverage: CNA's interest payments on its debt are well covered by EBIT (14.4x coverage).


Balance Sheet


Dividend

What is CNA Financial current dividend yield, its reliability and sustainability?

5.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CNA's dividend (5.3%) is higher than the bottom 25% of dividend payers in the US market (1.3%).

High Dividend: CNA's dividend (5.3%) is in the top 25% of dividend payers in the US market (3.57%)


Stability and Growth of Payments

Stable Dividend: CNA's dividend payments have been volatile in the past 10 years.

Growing Dividend: CNA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.9%), 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 (80.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Dino Robusto (63 yo)

4.83yrs

Tenure

US$11,469,174

Compensation

Mr. Dino Ennio Robusto is Chairman and Chief Executive Officer of CNA Financial Corporation (CNA) since November 2016. Since joining CNA Financial Corporation in November 2016, he has re-energized the busi...


CEO Compensation Analysis

Compensation vs Market: Dino's total compensation ($USD11.47M) is about average for companies of similar size in the US market ($USD11.29M).

Compensation vs Earnings: Dino's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CNA's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: CNA's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CNA insiders have only sold shares 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 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$11.622b
  • Shares outstanding: 271.35m
  • Website: https://www.cna.com

Number of Employees


Location

  • CNA Financial Corporation
  • 151 North Franklin Street
  • Floor 9
  • Chicago
  • Illinois
  • 60606
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:55
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.