NYSE:CNA

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet 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


Market Performance


7 Day Return

2.1%

NYSE:CNA

1.2%

US Insurance

-0.02%

US Market


1 Year Return

5.4%

NYSE:CNA

9.2%

US Insurance

1.6%

US Market

CNA underperformed the Insurance industry which returned 9.9% over the past year.

CNA outperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

CNAIndustryMarket
7 Day2.1%1.2%-0.02%
30 Day4.1%2.5%2.7%
90 Day3.9%1.2%1.4%
1 Year13.7%5.4%11.8%9.2%3.8%1.6%
3 Year85.5%50.4%46.5%35.3%45.2%35.8%
5 Year88.9%29.4%71.5%50.9%61.8%44.1%

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

Valuation

Is CNA Financial undervalued based on future cash flows and its price relative to the stock market?

15.44x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

CNA Financial's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

CNA Financial's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

CNA Financial is good value based on earnings compared to the US Insurance industry average.

CNA Financial is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

CNA Financial is poor value based on expected growth next year.


Price Based on Value of Assets

CNA Financial is good value based on assets compared to the US Insurance industry average.


Next Steps

Future Growth

How is CNA Financial expected 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 Estimates


Future Annual Growth Analysis

Unable to determine if CNA Financial is high growth as no revenue estimate data is available.

CNA Financial's earnings are expected to grow by 8% yearly, however this is not considered high growth (20% yearly).

Unable to compare CNA Financial's revenue growth to the United States of America market average as no estimate data is available.

CNA Financial's earnings growth is positive but not above the United States of America market average.

CNA Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

CNA Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


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

CNA Financial's year on year earnings growth rate has been positive over the past 5 years.

CNA Financial's 1-year earnings growth is negative, it can't be compared to the 5-year average.

CNA Financial's 1-year earnings growth is negative, it can't be compared to the US Insurance industry average.


Return on Equity

CNA Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

CNA Financial used its assets less efficiently than the US Insurance industry average last year based on Return on Assets.


Return on Capital Employed

CNA Financial has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is CNA Financial's financial position?


Financial Position Analysis

CNA Financial's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

CNA Financial's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

CNA Financial's level of debt (22.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (23.8% vs 22.2% today).

Debt is well covered by operating cash flow (51.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.7x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3.4x debt.


Next Steps

Dividend

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

6.84%

Expected Dividend Yield


Dividend Yield and Payments Analysis

CNA Financial's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

CNA Financial's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).

Whilst dividend payments have been stable, CNA Financial has been paying a dividend for less than 10 years.

Dividend payments have increased, but CNA Financial only paid a dividend in the past 9 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.2x coverage).


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)

2.8yrs

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. Mr. Robusto served as Executive Vice President of the Group and C ...


CEO Compensation Analysis

Dino's remuneration is about average for companies of similar size in United States of America.

Dino's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.4yrs

Average Tenure

52.5yo

Average Age

The tenure for the CNA Financial management team is about average.


Board Age and Tenure

7.7yrs

Average Tenure

64yo

Average Age

The tenure for the CNA Financial board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$49,94113 May 19
Dino Robusto
EntityIndividual
Role
Chief Executive Officer
Chairman of the Board & CEO
Shares1,094
Max PriceUS$45.65
SellUS$326,57401 May 19
Andrew Pinkes
EntityIndividual
Shares7,132
Max PriceUS$45.79

Ownership Breakdown


Management Team

  • Dino Robusto (61yo)

    Chairman of the Board & CEO

    • Tenure: 2.8yrs
    • Compensation: US$10.11m
  • James Anderson (46yo)

    Executive VP & CFO

    • Tenure: 1.1yrs
    • Compensation: US$1.81m
  • Doug Worman (51yo)

    Executive VP & Chief Underwriting Officer for CNA Insurance

    • Tenure: 2.5yrs
    • Compensation: US$3.39m
  • Kevin Smith (54yo)

    President & COO of Specialty for CNA Insurance

    • Tenure: 2.3yrs
    • Compensation: US$2.96m
  • Ray Oral

    Chief Information Officer

    • Tenure: 10yrs
  • Amy Adams

    Senior Vice President of Investments & Treasury

    • Tenure: 4.8yrs
  • Kevin Leidwinger (55yo)

    President & COO of Commercial for CNA Insurance Lines

    • Tenure: 0yrs
    • Compensation: US$3.01m
  • Bahr Omidfar

    Senior VP & CTO

    • Tenure: 1.6yrs
  • Michael Costonis (48yo)

    Executive VP & COO

    • Tenure: 1yrs
  • Jane Possell

    Chief Information Officer

    • Tenure: 0yrs

Board Members

  • Andrew Tisch (70yo)

    Director

    • Tenure: 13.6yrs
    • Compensation: US$9.67k
  • James Tisch (66yo)

    Director

    • Tenure: 34.3yrs
    • Compensation: US$9.67k
  • André Rice (59yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$150.00k
  • Marvin Zonis (82yo)

    Director

    • Tenure: 26.3yrs
    • Compensation: US$155.00k
  • Don Randel (78yo)

    Director

    • Tenure: 17.3yrs
    • Compensation: US$150.00k
  • Mike Bless (54yo)

    Director

    • Tenure: 1.9yrs
    • Compensation: US$150.00k
  • Dino Robusto (61yo)

    Chairman of the Board & CEO

    • Tenure: 2.8yrs
    • Compensation: US$10.11m
  • Jose Montemayor (68yo)

    Director

    • Tenure: 12.6yrs
    • Compensation: US$170.00k
  • Kenneth Siegel (62yo)

    Senior VP & Director

    • Tenure: 0.4yrs
  • Ben Tisch (36yo)

    VP & Director

    • Tenure: 1.4yrs

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$13.459b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CNANYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1969
CNHDB (Deutsche Boerse AG)YesCommon StockDEEURJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:32
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.