Cna Financial Corp (CNA) was Initiated by Keefe Bruyette to “Mkt Perform”. Keefe Bruyette advised their investors in a research report released on Oct 7, 2016.
On the company’s financial health, Cna Financial Corp reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.71.Analysts expectations of $ 2328.00.During the same quarter in the previous year, the company posted $0.69 EPS.
Cna Financial Corp opened for trading at $34.39 and hit $35.12 on the upside on Friday, eventually ending the session at $35.04, with a gain of 1.39% or 0.48 points. The heightened volatility saw the trading volume jump to 2,20,214 shares. Company has a market cap of $9,478 M.
In a different news, on May 14, 2015, Jonathan D Kantor (EVP, Gen. Counsel & Sec.) sold 40,276 shares at $39.15 per share price. According to the SEC, on Feb 12, 2015, D Craig Mense (EVP & CFO) sold 25,000 shares at $42.09 per share price.
CNA Financial Corporation (CNAF) is an insurance holding company. Collectively CNAF and its subsidiaries are referred to as CNA or the Company. CNAs core business commercial property and casualty insurance operations is reported in three business segments: Specialty Commercial and International. Its non-core businesses are managed in two business segments: Life & Group Non-Core and Corporate & Other Non-Core. The Companys insurance products primarily include commercial property and casualty coverages including surety. Its services include risk management information services warranty and claims administration. The Companys Life & Group Non-Core segment primarily includes the results of the Companys individual and group long term care businesses that are in run-off. Long term care policies provide benefits for nursing home assisted living and home health care subject to various daily and lifetime caps.