Keefe Bruyette downgraded CNA Financial from Outperform to Mkt Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2024 | $39.00 → $43.00 | Neutral → Underperform | BofA Securities |
| 7/11/2023 | Outperform → Mkt Perform | Keefe Bruyette | |
| 5/3/2023 | $40.00 → $41.00 | Underperform → Neutral | BofA Securities |
BofA Securities downgraded CNA Financial from Neutral to Underperform and set a new price target of $43.00 from $39.00 previously
Keefe Bruyette downgraded CNA Financial from Outperform to Mkt Perform
BofA Securities upgraded CNA Financial from Underperform to Neutral and set a new price target of $41.00 from $40.00 previously
Fourth Quarter Net income of $21 million, includes $290 million after-tax loss from the previously announced pension settlement transaction, versus $367 million in the prior year quarter; core income of $342 million versus $362 million in the prior year quarter.P&C core income of $451 million versus $434 million, reflects higher investment income and higher underlying underwriting income partially offset by higher catastrophe losses.Life & Group core loss of $18 million versus core income of $4 million in the prior year quarter.Corporate & Other core loss of $91 million versus $76 million in the prior year quarter.Net investment income up 5% to $644 million pretax, includes a $17 million inc
7.7 MILLION COMMON SHARES REPURCHASED IN 2024 FOR $611 MILLION NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Loews Corporation (NYSE:L) today released its fourth quarter 2024 financial results. Fourth Quarter 2024 highlights:Loews Corporation reported net income of $187 million, or $0.86 per share, in the fourth quarter of 2024, compared to $446 million, or $1.99 per share, in the fourth quarter of 2023. This year's fourth quarter results include a pension settlement charge for CNA of $265 million (after-tax and noncontrolling interests), which was previously reported in October 2024. The following are key highlights: CNA Financial Corporation's (NYSE:CNA) net income attributable to Loews excludi
CHICAGO, Jan. 21, 2025 /PRNewswire/ -- CNA Financial Corporation (NYSE:CNA) will report fourth quarter 2024 results before the market opens on Monday, February 10, 2025. The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com via the Investor Relations section. Along with these documents CNA will post a transcript of earnings remarks, which will include commentary from the Company's President and Chief Executive Officer, Douglas M. Worman, and Chief Financial Officer, Scott R. Lindquist. CNA invites shareholders and analysts to submit questions for management in advance of the earnings release. Management may address some or all of t
Fourth Quarter Net income of $21 million, includes $290 million after-tax loss from the previously announced pension settlement transaction, versus $367 million in the prior year quarter; core income of $342 million versus $362 million in the prior year quarter.P&C core income of $451 million versus $434 million, reflects higher investment income and higher underlying underwriting income partially offset by higher catastrophe losses.Life & Group core loss of $18 million versus core income of $4 million in the prior year quarter.Corporate & Other core loss of $91 million versus $76 million in the prior year quarter.Net investment income up 5% to $644 million pretax, includes a $17 million inc
7.7 MILLION COMMON SHARES REPURCHASED IN 2024 FOR $611 MILLION NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Loews Corporation (NYSE:L) today released its fourth quarter 2024 financial results. Fourth Quarter 2024 highlights:Loews Corporation reported net income of $187 million, or $0.86 per share, in the fourth quarter of 2024, compared to $446 million, or $1.99 per share, in the fourth quarter of 2023. This year's fourth quarter results include a pension settlement charge for CNA of $265 million (after-tax and noncontrolling interests), which was previously reported in October 2024. The following are key highlights: CNA Financial Corporation's (NYSE:CNA) net income attributable to Loews excludi
CHICAGO, Jan. 21, 2025 /PRNewswire/ -- CNA Financial Corporation (NYSE:CNA) will report fourth quarter 2024 results before the market opens on Monday, February 10, 2025. The news release, earnings presentation and financial supplement will be available on CNA's website at www.cna.com via the Investor Relations section. Along with these documents CNA will post a transcript of earnings remarks, which will include commentary from the Company's President and Chief Executive Officer, Douglas M. Worman, and Chief Financial Officer, Scott R. Lindquist. CNA invites shareholders and analysts to submit questions for management in advance of the earnings release. Management may address some or all of t
13F-HR - CNA FINANCIAL CORP (0000021175) (Filer)
S-3ASR - CNA FINANCIAL CORP (0000021175) (Filer)
10-K - CNA FINANCIAL CORP (0000021175) (Filer)
4 - CNA FINANCIAL CORP (0000021175) (Issuer)
4 - CNA FINANCIAL CORP (0000021175) (Issuer)
4 - CNA FINANCIAL CORP (0000021175) (Issuer)
James Tisch to retire as President & CEO as of December 31, 2024;Loews Board elects Benjamin Tisch as President & CEO; James Tisch will become Chairman of the Board of Directors NEW YORK, July 29, 2024 /PRNewswire/ -- Loews Corporation (NYSE:L) announced today that, as part of its leadership succession plan, on December 31, 2024, James Tisch will retire as President and CEO and will be succeeded by Benjamin Tisch, current Senior Vice President, Corporate Development and Strategy. As part of the leadership transition, James Tisch will become Chairman of the Board of Directors, and Benjamin Tisch and Loews Hotels & Co's CEO Alexander Tisch will join the Board. Also, Andrew Tisch and Jonathan
CHICAGO, June 5, 2024 /PRNewswire/ -- CNA Financial Corporation (NYSE:CNA) announced today that Executive Vice President & Global Head of Underwriting Doug Worman will become President and Chief Executive Officer of the company as of January 1, 2025. At that time, Dino E. Robusto, the current Chairman and CEO, will transition to the role of Executive Chairman of CNA's Board of Directors. In this role, Robusto will lead the board as well as serve as a strategic advisor to Worman in pursuit of the company's objectives. "We are extremely thankful to Dino who over the past 8 years has worked tirelessly to lead the company to record levels of profitability and top quartile underwriting performanc
CHICAGO, June 15, 2023 /PRNewswire/ -- CNA today announced the appointment of Dan Franzetti to a newly created position of Chief Administrative Officer, reporting to Dino Robusto. In this role, Franzetti will have oversight for a broad set of enterprise strategic functions including the global claims and legal organizations, compliance, government relations and a number of corporate services functions. "The addition of a Chief Administrative Officer is an important next step in the evolution of CNA's executive leadership team, and I am confident that Dan will bring the same level of impactful leadership as he did in his role as Global Head of Claims at CNA." Robusto said. "Dan's breadth of e