Reading CNA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CNA free→Reading CNA? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CNA free→NYSEFinancialsInsurance - Property & CasualtySnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, while earnings quality is robust and management's recent track record has been steady. The sector backdrop is a headwind, and risk is moderate. Peer multiples imply a price about 22% above where it trades (it looks cheap on this basis); the read is fair, but weakening. Key factors to watch include potential guidance cuts and the performance of sector bellwethers. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 5 valuation methods, at three horizons. Current price $45.53. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $46 CNA trades at 10× p/e, below its 11× p/e peer median. Our $58 fair value sits above the price; high confidence. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price sits about 22% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated weak grew net income 56% of the time over the next year (vs 59% for the rest of the cohort, n=3730).
Over the trailing year it converted 1.85x of net income into operating cash flow. Historically, Financials names rated robust grew net income 62% of the time over the next year (vs 54% for the rest of the cohort, n=3541).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.08 → $1.01 (-6.5% / 30d). 0 raised, 1 cut, 1 covering analysts.
0 upgrades, 0 downgrades / 30d. 0% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$74.
How much price usually moves either way.
On a bad day, this stock has moved -$188.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,458.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
Valuation label changed from 'inexpensive' to 'fair'.
Valuation changed. It rose from "inexpensive" to "fair." Risk fell. The sector backdrop remained a headwind. Recent financial performance was weak.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
No named catalysts to watch right now. Check back after the next earnings report.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for CNA yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On May 4, 2026 , the registrant issued a press release and posted on its website ( cna.com ) a financial supplement, earnings presentation and earnings remarks providing information on its results of operations for the first quarter 2026. The press release is furnished as Exhibit 99.1, the financial supplement is furnished as Exhibit 99.2, the earnings presentation is furnished as Exhibit 99.3 and the earnings remarks are furnished as Exhibit 99.…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
Looks cheaper than most peers in the same business.
Self-history needs ~20 months of data.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus peers.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
CNA CNA FINANCIAL CORP | Typical Show detailsSector percentile: 34 of 100 | fair | moderate |
1 material management or governance event in the past 24 months, led by capital-allocation actions. Historically, Financials names rated stable grew net income 56% of the time over the next year (vs 56% for the rest of the cohort, n=3736).
Not investment advice. As of 2026-06-16.
via XLF
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Aim for a 2% increase in income from fixed income and other investments for the full year 2026.
Newly stated in 2026-Q1. Management expects income from fixed income and other investments to reach $2,300 million for the full year 2026, representing a 2% increase compared to 2025. However, the financials show a decline in net income from $302 million in 2025-Q4 to $211 million in 2026-Q1, indicating limited progress towards this goal so far.
“For the full year, we expect income from fixed income and other investments to be about $2,300 million.”
Continue to provide a stable dividend per share, maintaining investor returns.
Stated in 3 of last 3 quarters. Dividend per share was $2.48 in 2026-Q1, up from $0.46 in 2025-Q2, indicating a commitment to maintaining investor returns. Despite earnings misses, the company has consistently provided dividends, showing stability in capital allocation.
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On February 9, 2026 , the registrant issued a press release and posted on its website ( cna.com ) a financial supplement, earnings presentation and earnings remarks providing information on its results of operations for the fourth quarter and year ended December 31, 2025. The press release is furnished as Exhibit 99.1, the financial supplement is furnished as Exhibit 99.2, the earnings presentation is furnished as Exhibit 99.3 and the earnings re…
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On November 3, 2025 , the registrant issued a press release and posted on its website ( www.cna.com ) a financial supplement, earnings presentation and earnings remarks providing information on its results of operations for the third quarter 2025. The press release is furnished as Exhibit 99.1, the financial supplement is furnished as Exhibit 99.2, the earnings presentation is furnished as Exhibit 99.3 and the earnings remarks are furnished as Ex…
Entry into a Material Definitive Agreement. On August 5, 2025, the registrant entered into an underwriting agreement (“Underwriting Agreement”) with Wells Fargo Securities, LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed on Schedule II thereto, relating to the offer and sale of $500 million aggregate principal amount of the registrant’s 5.200% notes due 2035 (the “Notes”). The Notes are being offered and sold pursuant to…
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On August 4, 2025 , the registrant issued a press release and posted on its website ( www.cna.com ) a financial supplement, earnings presentation and earnings remarks providing information on its results of operations for the second quarter 2025. The press release is furnished as Exhibit 99.1, the financial supplement is furnished as Exhibit 99.2, the earnings presentation is furnished as Exhibit 99.3 and the earnings remarks are furnished as Exh…
“Dividend per share was $2.48.”
“Dividend per share was $0.46.”
“Dividend per share was $0.46.”