CNA Stock Recent News

Solid retention, favorable renewal premium change and new business growth across Specialty, Commercial and International segments poise CNA for growth.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA) and the members of Western Surety Group. Concurrently, AM Best has revised the outlook to positive from stable and affirme.

CNA Financial (CNA) reported earnings 30 days ago. What's next for the stock?

First American Financial, Cincinnati Financial, CNA Financial and American Financial are included in this Analyst Blog.

Here, we have picked four insurance stocks, First American Financial Corporation, Cincinnati Financial Corporation, CNA Financial Corporation & American Financial Group, which have a solid dividend history.

CNA Financial stock is riding on solid premium writing underwriting expertise, solid balance sheet, capital deployment and growth projections.

CNA Financial delivers steady underwriting performance and high single-digit premium growth, resulting in gradual dividend increases and special dividend declarations. Despite higher catastrophe losses, strong investment income drove a 12% year-over-year net income increase in Q3 2024. CNA's valuation is attractive with a price-to-book ratio of 1.18 and a conservative debt profile, making it appealing for dividend-focused investors.

CNA's Q3 results reflect improved retention and renewal premium change, partly offset by escalating expenses and poor underwriting results.

CNA Financial (CNA) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.06 per share a year ago.

Net income up 10% to $283 million versus $258 million in the prior year quarter; core income of $293 million versus $289 million in the prior year quarter. Year to date core income up 6% to a record $974 million.