CNA's revenue has held in a narrow $3.6B to $3.8B band over the last ten quarters, though year-over-year growth has cooled from 7.3% in Q3 2024 to 1.9% in Q3 2026, suggesting premium momentum is moderating.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue held near $3.6B to $3.8B with year-over-year growth decelerating to 1.9% in Q3 2026, while the combined ratio swung between 86.3% and 99.4% and quarterly net income ranged from $21M to $403M, indicating underwriting margins remain volatile.
CNA Financial is trading at a P/E ratio of approximately 10.14x, significantly below the insurance industry average of 11.62x and the broader peer group average of 17.67x. An excess returns analysis indicates the stock is about 29.7% undervalued compared to its estimated intrinsic value of $68.25 per share.
CNA has shown impressive underwriting results, with its P&C combined ratio improving from 101.1% in Q1 2025 to 92.7% in Q3. The commercial segment achieved a record-low combined ratio of 90.5% in Q4 2025, while overall retention rose to 84%.
CNA Financial has increased its dividend for nine consecutive years, recently raising its quarterly dividend by 4% to $0.48 per share. The company also issued a special dividend of $2.00 per share in Q4 2025, resulting in a dividend yield of 3.99%.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $0.75-38.0% vs $1.21 | $3.8B+26.6% vs $3.0B |
Q3 2026 Aug 3, 2026 | $1.19+14.4% vs $1.04 | $3.8B+28.7% vs $3.0B |
Q2 2026 May 4, 2026 | $0.83-44.3% vs $1.49 | $2.6B-11.3% vs $2.9B |
Q1 2026 Feb 9, 2026 | $1.16-3.3% vs $1.20 | $3.8B+30.4% vs $2.9B |
CNA Financial (CNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CNA Financial to Report Third Quarter 2026 Results on November 2PR NewswireCHICAGO, Oct. 13, 2026CHICAGO, Oct. 13, 2026 /PRNewswire/ -- CNA Financial Corporatio
CNA shifts toward new business, retention and specialty growth as pricing softens, while disciplined underwriting supports its strategy.
CNA Financial's premium growth, strong investment income and Specialty momentum support earnings, while casualty claims and softer pricing pose risks.
Benchmark CNA against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for CNA Financial Corporation (CNA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $47.32 | $12.8B | 11.27 | 5.1% | 7.57% | 10.41% | 8.13% | |
| $395.20 | $82.43B | 9.99 | 5.17% | 17.03% | 26.24% | 1.09% | |
| $133.99 | $36.73B | 8.22 | 7.1% | 15.88% | 24.13% | 1.54% | |
| $365.02 | $141.58B | 12.75 | 6.47% | 17.96% | 13.98% | 1.04% | |
| $75.23 | $28.01B | 15.80 | 7.82% | 10.36% | 18.96% | 2.33% | |
| $1939.04 | $24.02B | 13.46 | -0.96% | 10.47% | 9.53% | 2.5% |
CNA Financial Corporation (CNA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
CNA Financial Corporation (CNA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Aug 3, 2026·SEC
May 4, 2026·SEC
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CNA Financial Corporation (CNA) stock FAQ — growth, dividends, profitability & financials explained
CNA Financial Corporation (CNA) grew revenue by 3.5% over the trailing twelve months, compared with the twelve months before.
Yes. CNA Financial Corporation (CNA) earned $1.14B in net income over the trailing twelve months (a 7.6% net margin).
Yes. CNA Financial Corporation (CNA) pays a dividend that yields 8.13% at the current price, a high yield.
CNA Financial Corporation (CNA) had a return on equity (ROE) of 10.4% over the trailing twelve months. That is in line with the market's typical 10-15%.
CNA Financial Corporation (CNA) has a combined ratio of 89.0%. A ratio below 100% indicates underwriting profitability.
