CNA Financial (CNA) AI Stock Analysis

• Market Cap: $12.00B
• Dividend Yield: 8.57%
• Average Volume (3M): 454.35K
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.33
• Revenue Growth: 5.41%
• EPS Growth: -23.52%
• Country: US
• Employees: 6,500
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Property & Casualty
• EPS (TTM): 1.50
• Shares Outstanding: 270,666,600
• 10 Day Avg. Volume: 357,049
• 30 Day Avg. Volume: 454,350
• PEG Ratio: -0.67
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.94
• P/FCF Ratio: 5.30
• Enterprise Value/Market Cap: 1.30
• Enterprise Value/Revenue: 1.07
• Enterprise Value/Gross Profit: 2.21
• Enterprise Value/Ebitda: 10.82
• 1Y Price Target: $45.00
• Price Target Upside: -2.11% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $51.00 ▲(10.94% Upside)

CNA Financial's overall stock score is driven by its solid financial performance and attractive valuation. The company's strong dividend yield and reasonable P/E ratio make it appealing to income-focused investors. However, mixed technical indicators suggest caution, as the stock lacks strong momentum. The absence of recent earnings call insights adds uncertainty to strategic directions, particularly in addressing potential challenges in profitability and cash flow stability.

Positive Factors

Strong Underwriting Performance

CNA's strong underwriting performance, with record gains, indicates effective risk assessment and management, enhancing long-term profitability.

Revenue Growth

Stable revenue growth reflects consistent demand for CNA's insurance products, supporting long-term business sustainability and market position.

Investment Income

Rising investment income from fixed income results strengthens CNA's financial position, providing a reliable income stream and enhancing cash flow.

Negative Factors

Leadership Transition

The departure of a long-serving executive chairman may lead to strategic shifts and uncertainty, impacting leadership stability and strategic continuity.

Free Cash Flow Decline

Declining free cash flow growth could constrain CNA's ability to invest in growth opportunities and maintain financial flexibility over time.

Modest Profit Margins

Modest profit margins suggest limited pricing power and efficiency, potentially affecting CNA's ability to enhance profitability in a competitive market.

CNA Financial Business Overview & Revenue Model

Company Description

CNA Financial Corporation (CNA) is a leading provider of property and casualty insurance products and services in the United States. Established in 1897, the company operates primarily through its subsidiaries and offers a wide range of insurance solutions including commercial insurance, specialty insurance, and surety bonds. CNA serves various sectors, including construction, healthcare, and manufacturing, with a focus on providing tailored risk management solutions to its clients.

How the Company Makes Money

CNA generates revenue primarily through the underwriting of insurance policies, where it collects premiums from policyholders in exchange for coverage against specified risks. The company’s key revenue streams include premiums from commercial insurance policies, specialty insurance products, and surety bonds. Additionally, CNA earns income from investment activities, as a significant portion of the premiums collected is invested in various financial instruments, generating investment income. The company also benefits from strategic partnerships with brokers and agents, enhancing its market reach and distribution capabilities. Factors contributing to its earnings include effective risk assessment, strong underwriting practices, and favorable market conditions that allow for competitive pricing of insurance products.

CNA Financial Financial Statement Overview

Summary

CNA Financial demonstrates solid financial health with consistent revenue growth and efficient cost management. The balance sheet is strong with manageable leverage and good return on equity. Cash flow generation is adequate, though recent declines in free cash flow growth warrant attention. Overall, the company is well-positioned but should focus on enhancing profitability and cash flow stability.

Income Statement

CNA Financial shows a stable revenue growth with a TTM increase of 1.37%. The gross profit margin is strong at 65.30% for TTM, indicating efficient cost management. However, the net profit margin remains modest at 6.75%, suggesting room for improvement in profitability. EBIT and EBITDA margins are stable, reflecting consistent operational efficiency.

Balance Sheet

The company maintains a healthy debt-to-equity ratio of 0.31, indicating prudent financial leverage. Return on equity is solid at 9.32%, showcasing effective use of shareholder funds. The equity ratio stands at 16.23%, suggesting a balanced capital structure, although there is potential to strengthen equity further.

Cash Flow

Operating cash flow is robust, but the free cash flow growth rate has declined by 1.02% TTM, indicating potential cash flow challenges. The operating cash flow to net income ratio of 0.55 suggests adequate cash generation relative to net income. Free cash flow to net income ratio is high at 0.96, reflecting strong cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2023	Dec 2023	Dec 2023
Income Statement
Total Revenue	14.64B	14.00B	13.13B	13.13B	13.13B	13.13B
Gross Profit	7.09B	4.46B	4.41B	4.41B	4.41B	4.41B
EBITDA	1.45B	1.41B	1.72B	1.72B	1.72B	1.72B
Net Income	997.00M	959.00M	1.21B	1.21B	1.21B	1.21B
Balance Sheet
Total Assets	69.76B	66.49B	64.71B	64.71B	64.71B	64.71B
Cash, Cash Equivalents and Short-Term Investments	2.73B	2.56B	2.51B	2.51B	2.51B	2.51B
Total Debt	3.47B	2.97B	3.03B	3.03B	3.03B	3.03B
Total Liabilities	58.43B	55.98B	54.82B	54.82B	54.82B	54.82B
Stockholders Equity	11.32B	10.51B	9.89B	9.89B	9.89B	9.89B
Cash Flow
Free Cash Flow	2.53B	2.48B	2.19B	2.19B	2.19B	2.19B
Operating Cash Flow	2.62B	2.57B	2.29B	2.29B	2.29B	2.29B
Investing Cash Flow	-2.00B	-1.32B	-1.84B	-1.84B	-1.84B	-1.84B
Financing Cash Flow	-597.00M	-1.12B	-577.00M	-577.00M	-577.00M	-577.00M

CNA Financial Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 45.97
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CNA, the sentiment is Neutral. The current price of 45.97 is above the 20-day moving average (MA) of 45.05, below the 50-day MA of 46.00, and below the 200-day MA of 46.47, indicating a neutral trend. The MACD of -0.19 indicates Negative momentum. The RSI at 55.48 is Neutral, neither overbought nor oversold. The STOCH value of 91.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CNA.

CNA Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
THG	77 Outperform	$6.49B	10.54	20.02%	1.99%	5.26%	72.46%
AFG	76 Outperform	$11.86B	14.92	16.91%	6.86%	―	-10.75%
RLI	74 Outperform	$5.71B	16.28	19.49%	4.21%	3.72%	-16.23%
SIGI	74 Outperform	$4.78B	12.18	12.22%	1.99%	10.98%	74.87%
CNA	69 Neutral	$12.00B	12.12	9.03%	8.57%	5.41%	-23.52%
AXS	68 Neutral	$7.68B	8.12	16.27%	1.73%	6.37%	68.32%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

CNA Financial Corporate Events

CNA Financial Reports Strong Q3 2025 Earnings

CNA Financial Corporation is a leading U.S. commercial property and casualty insurance company, offering a wide range of insurance products and services for businesses and professionals across the U.S., Canada, and Europe.

CNA Financial Announces Leadership Transition Plans

On November 3, 2025, CNA Financial announced that Dino E. Robusto will conclude his role as Executive Chairman of the Board and director on December 31, 2025, as per his Employment Agreement. Douglas M. Worman, currently President and CEO, will assume the role of Chairman of the Board starting January 1, 2026. Additionally, the Board of Directors has decided to reduce its size to ten members, effective the same date.

The most recent analyst rating on (CNA) stock is a Hold with a $51.00 price target. To see the full list of analyst forecasts on CNA Financial stock, see the CNA Stock Forecast page.

CNA Financial Closes $500 Million Notes Offering

On August 12, 2025, CNA Financial successfully closed its offering of $500 million in 5.200% notes due in 2035. This financial move, executed under the company’s shelf registration statement, is expected to impact its financial strategy and stakeholder interests positively.

The most recent analyst rating on (CNA) stock is a Sell with a $48.00 price target. To see the full list of analyst forecasts on CNA Financial stock, see the CNA Stock Forecast page.

CNA Financial Enters $500M Underwriting Agreement

On August 5, 2025, CNA Financial entered into an underwriting agreement with Wells Fargo Securities, Citigroup Global Markets, and J.P. Morgan Securities for the offer and sale of $500 million in 5.200% notes due 2035. The sale is expected to close on August 12, 2025, and is part of CNA Financial’s strategy to leverage its effective shelf registration statement, potentially impacting its financial operations and market positioning.

The most recent analyst rating on (CNA) stock is a Sell with a $48.00 price target. To see the full list of analyst forecasts on CNA Financial stock, see the CNA Stock Forecast page.