Stocks · Financial Services · Insurance - Property & Casualty
CNA Financial Corporation CNA
$46.34 +1.00% Close, Oct 2, 2026 · NYSE · Market cap $12.54B
Inexpensive vs sector
Next earnings report: Nov 2, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $4.55, up 41.4% year over year.
- Revenue over the last four quarters was $15.01B, up 4.5% from a year earlier.
- Operating margin widened to 10.9% from 7.7% a year earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth31Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 43%
- EPS growth (TTM, YoY)Top 25%
- FCF growth (TTM, YoY)Bottom 25%
- Revenue growth, 3-year CAGRBottom 22%
- Revenue growth accelerationTop 48%
Quality41Weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 1%
- Gross marginBottom 12%
- Operating marginBottom 24%
- Cash conversion (OCF / net income)Top 24%
- Accruals (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Bottom 48%
- Interest coverTop 12%
Value93Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 17%
- Free-cash-flow yieldTop 16%
- EBITDA / enterprise valueTop 21%
- Sales / enterprise valueTop 11%
- P/E vs own 5-year history (lower is better)Top 31%
Momentum25Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 45%
- 6-month returnBottom 22%
- 1-year return vs S&P 500Bottom 36%
- Distance from 52-week highBottom 30%
- Trend checklist (0–4)Bottom 27%
Revisions9Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 21%
- Consecutive EPS beatsBottom 43%
- Share of analysts rating BuyBottom 23%
- Upside to consensus price targetBottom 8%
Stability67Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 46%
- Maximum drawdown, 3 yearsTop 26%
- Beta vs S&P 500 (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Bottom 48%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.5% | 4.5% | ↓ |
| EPS growth (YoY) | 36.0% | 41.4% | ↑ |
| Gross margin | 30.3% | 34.5% | ↑ |
| Operating margin | 7.7% | 10.9% | ↑ |
| FCF margin | 17.8% | 15.0% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.5% | 4.5% | ↓ | Bottom 43% |
| EPS growth (TTM, YoY) | 41.4% | 36.0% | ↑ | Top 25% |
| Gross margin | 34.5% | 30.3% | ↑ | Bottom 12% |
| Operating margin | 10.9% | 7.7% | ↑ | Bottom 24% |
| Net margin | 9.0% | 6.1% | ↑ | — |
| Free-cash-flow margin | 15.0% | 17.8% | ↓ | — |
| Return on invested capital | -121.6% | — | Bottom 1% | |
| Revenue growth, 3-year CAGR | 7.4% | — | Bottom 22% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.73×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -66.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.48×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 11.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 8.46%
- Net buyback yield (TTM)
- 0.29%
- Shareholder yield
- 8.75%
- Share count change, 1 year
- -0.2%
- Share count change, 3-year CAGR
- -0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- -3.3%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $45.00
- Target vs current price
- -2.9%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 29%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 3, 2026 | +14.4% | +2.1% | -0.9% | -6.0% | — |
| May 4, 2026 | -44.3% | -8.0% | -9.4% | -12.8% | +14.8% |
| Feb 9, 2026 | -3.3% | -1.4% | -2.3% | -4.6% | -10.6% |
| Nov 3, 2025 | +20.0% | -1.1% | +1.5% | +3.7% | +7.3% |
| Aug 4, 2025 | +30.9% | +4.0% | +7.1% | +12.9% | +3.1% |
| May 5, 2025 | -9.6% | -0.6% | +0.1% | -0.1% | -9.0% |
| Feb 10, 2025 | +12.6% | +1.2% | -0.7% | -1.8% | -1.6% |
| Nov 4, 2024 | +0.9% | -1.5% | +3.8% | +4.9% | +3.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 3, 2026 | $1.19 | $1.04 | +14.4% | $3.83B |
| May 4, 2026 | $0.83 | $1.49 | -44.3% | $2.60B |
| Feb 9, 2026 | $1.16 | $1.20 | -3.3% | $3.76B |
| Nov 3, 2025 | $1.50 | $1.25 | +20.0% | $3.75B |
| Aug 4, 2025 | $1.23 | $0.94 | +30.9% | $3.72B |
| May 5, 2025 | $1.03 | $1.14 | -9.6% | $3.63B |
| Feb 10, 2025 | $1.25 | $1.11 | +12.6% | $3.61B |
| Nov 4, 2024 | $1.08 | $1.07 | +0.9% | $3.62B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 10.2× | 10.8× | 33th | Top 17% |
| P/E (forward) | 10.7× | — | — | — |
| EV / EBITDA | 8.5× | — | — | Top 21% |
| EV / Sales | 1.01× | — | — | Top 11% |
| Free-cash-flow yield | 17.98% | — | — | Top 16% |
| Earnings yield | 9.82% | — | — | Top 17% |
P/E over the past five years
Range 9.3× – 16.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +0.8%
- Earnings per share growth (TTM)
- +41.4%
- Change in P/E multiple
- -17.0%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.9%
- 200-day average slope (20 days)
- +0.2%
- Distance from 50-day average
- -6.4%
- Distance from 200-day average
- -2.8%
- RSI (14)
- 41.3
- Relative volume
- 0.71×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 21.3%
- Volatility vs own 5-year history
- 46th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.34
- Correlation with S&P 500
- 0.25
- Current drawdown from 1-year high
- -16.2%
- Maximum drawdown, 3 years
- -19.3%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 20, 2022 | Sep 26, 2022 | -27.1% | 109 days | 462 days (Jul 30, 2024) |
| Sep 4, 2024 | Jun 1, 2026 | -19.4% | 435 days | 32 days (Jul 17, 2026) |
| Jul 28, 2026 | Sep 30, 2026 | -18.9% | 45 days | Not yet recovered |
| May 7, 2021 | Nov 30, 2021 | -13.9% | 143 days | 53 days (Feb 15, 2022) |
| Feb 16, 2022 | Mar 7, 2022 | -11.1% | 12 days | 14 days (Mar 25, 2022) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $12.54B
- P/E (TTM)
- 10.2
- EPS, diluted (TTM)
- $4.55
- Revenue (TTM)
- $15.01B
- Dividend yield
- 8.42%
- 52-week range
- $41.53 – $55.71
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $11.55B | $11.89B | $13.13B | $14.00B | $14.71B |
| Gross profit | $3.73B | $3.75B | $4.41B | $4.46B | $4.52B |
| Operating income | $1.46B | $814.0M | $1.52B | $1.21B | $1.62B |
| Net income | $1.18B | $682.0M | $1.21B | $959.0M | $1.28B |
| EPS (diluted) | $4.41 | $2.50 | $4.43 | $3.52 | $4.69 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.55B | $3.61B | $3.57B | $3.64B | $3.75B | $3.76B | $3.68B | $3.83B |
| Net income | $283.0M | $21.0M | $274.0M | $299.0M | $403.0M | $302.0M | $323.0M | $321.0M |
| EPS (diluted) | $1.04 | $0.08 | $1.00 | $1.10 | $1.48 | $1.11 | $0.78 | $1.18 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.00B | $2.50B | $2.29B | $2.57B | $2.49B |
| Capital expenditure | -$26.0M | -$52.0M | -$90.0M | -$95.0M | -$86.0M |
| Free cash flow | $1.97B | $2.45B | $2.19B | $2.48B | $2.40B |
| Dividends paid | -$621.0M | -$982.0M | -$787.0M | -$1.02B | -$1.05B |
| Net share buybacks | -$18.0M | -$39.0M | -$24.0M | -$20.0M | -$34.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.06B
- Total assets
- $69.87B
- Total liabilities
- $58.69B
- Total debt
- $2.97B
- Net debt
- $2.63B
- Shareholders’ equity
- $11.19B
As of Jun 30, 2026 (filed Aug 3, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 17, 2026 | $0.48 | Sep 3, 2026 |
| May 18, 2026 | $0.48 | Jun 4, 2026 |
| Feb 23, 2026 | $2.48 | Mar 12, 2026 |
| Nov 17, 2025 | $0.46 | Dec 4, 2025 |
| Aug 18, 2025 | $0.46 | Sep 4, 2025 |
| May 19, 2025 | $0.46 | Jun 5, 2025 |
| Feb 24, 2025 | $2.46 | Mar 13, 2025 |
| Nov 18, 2024 | $0.44 | Dec 5, 2024 |
Short interest
- Shares sold short
- 3,191,795
- Days to cover
- 6.98
- Change vs previous report
- -15.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 29, 2001
- 1,023-for-1,000
- Jun 2, 1998
- 3-for-1