CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States.
CNA Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$43.53|
|52 Week High||US$28.37|
|52 Week Low||US$49.08|
|1 Month Change||0.72%|
|3 Month Change||-2.38%|
|1 Year Change||34.68%|
|3 Year Change||-8.55%|
|5 Year Change||31.31%|
|Change since IPO||30.59%|
Recent News & Updates
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.
|CNA||US Insurance||US Market|
Return vs Industry: CNA matched the US Insurance industry which returned 36.3% over the past year.
Return vs Market: CNA exceeded the US Market which returned 30.7% over the past year.
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
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.
Is CNA Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CNA ($43.53) is trading below our estimate of fair value ($56.01)
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 (9.2x) compared to the US Insurance industry average (9.9x).
PE vs Market: CNA is good value based on its PE Ratio (9.2x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: CNA is poor value based on its PEG Ratio (7.1x)
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).
How is CNA Financial forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNA's forecast earnings growth (1.3% per year) is below the savings rate (2%).
Earnings vs Market: CNA's earnings (1.3% per year) are forecast to grow slower than the US market (14.8% 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%).
How has CNA Financial performed over the past 5 years?
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.
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 ($23.8B).
Debt to Equity History and Analysis
Debt Level: CNA's debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: CNA's debt to equity ratio has reduced from 22.8% to 21.9% over the past 5 years.
Debt Coverage: CNA's debt is well covered by operating cash flow (65.2%).
Interest Coverage: CNA's interest payments on its debt are well covered by EBIT (14.4x coverage).
What is CNA Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNA's dividend (5.21%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: CNA's dividend (5.21%) is in the top 25% of dividend payers in the US market (3.6%)
Stability and Growth of Payments
Stable Dividend: CNA's dividend payments have been volatile in the past 10 years.
Growing Dividend: CNA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.9%), CNA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNA's dividends in 3 years are forecast to be covered by earnings (80.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dino Robusto (63 yo)
Mr. Dino Ennio Robusto is Chairman and Chief Executive Officer of CNA Financial Corporation (CNA) since November 2016. Since joining CNA Financial Corporation in November 2016, he has re-energized the busi...
CEO Compensation Analysis
Compensation vs Market: Dino's total compensation ($USD11.47M) is about average for companies of similar size in the US market ($USD11.26M).
Compensation vs Earnings: Dino's compensation has been consistent with company performance over the past year.
Experienced Management: CNA's management team is considered experienced (4.3 years average tenure).
Experienced Board: CNA's board of directors are considered experienced (4.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CNA Financial Corporation's employee growth, exchange listings and data sources
- Name: CNA Financial Corporation
- Ticker: CNA
- Exchange: NYSE
- Founded: 1853
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$11.812b
- Shares outstanding: 271.35m
- Website: https://www.cna.com
Number of Employees
- CNA Financial Corporation
- 151 North Franklin Street
- Floor 9
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 05:01|
|End of Day Share Price||2021/09/15 00:00|
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.