Tue Sep 17 06:14:53 UTC 2024: ## CNA Financial Sees Increased Earnings Expectations and Price Target

**New York, NY (MarketBeat News)** – CNA Financial Co. (NYSE: CNA) is receiving positive signals from analysts, with Zacks Research raising its FY2025 earnings per share (EPS) estimates for the insurance provider. Analyst T. De now forecasts EPS of $5.01 for the year, a slight increase from the previous estimate of $5.00. This is higher than the current consensus estimate of $4.86 per share.

Adding to the positive outlook, Keefe, Bruyette & Woods increased their price target on CNA Financial from $48.00 to $53.00, while maintaining a “market perform” rating.

The company’s stock opened at $50.53 on Monday, with a market cap of $13.71 billion. CNA Financial recently reported strong earnings results for the quarter ending July 29th, meeting analysts’ expectations with earnings per share of $1.19 and revenue of $3.52 billion.

The company also declared a quarterly dividend of $0.44 per share, paid on August 29th. This represents a $1.76 dividend on an annualized basis and a yield of 3.48%.

Several institutional investors have recently increased their holdings in CNA Financial, including AQR Capital Management LLC, Bank of New York Mellon Corp, Vanguard Group Inc., CORDA Investment Management LLC., and Rhumbline Advisers. This indicates strong institutional confidence in the company’s future performance.

CNA Financial Corporation provides commercial property and casualty insurance products globally. They offer a wide range of coverages, including professional liability, directors and officers, employment practices liability, healthcare liability, surety and fidelity bonds, and warranty and alternative risks products.

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