Argo

Yield

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>CNA stock price showed weekly and monthly bullish sentiments.</a> </li> 
 <li> <span>2</span> <a>CNA Financial Corporation will release its earnings on Monday, July 31, 2023.</a> </li> 
</ul> 
<p>CNA Financial (CNA) stock price showed a 2.79% weekly increase whereas in the last 1 month, the stock rose 0.88%. The recent price performance of CNA witnessed bulls’ dominance.</p> 
<p>Meanwhile, ahead of the release of its earnings on Monday, July 31, bullish price movements can be expected if bulls continue their support. In the last 6 months, CNA <a href="https://www.thecoinrepublic.com/2023/07/25/cummins-cmi-stock-showed-bears-dominance-ahead-of-q2-2023/" rel="noopener noreferrer nofollow">share price </a>dropped over 9% which further indicated an 8.41% price decline in a year.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh5.googleusercontent.com/aUroxe_y7_oO5beiOkIdEuHR7YLshu0_UhvNch1zJ6ReqSDl_LxthwqXrbm6Z7M4cOmX6UEwrCeGmP15Gvhu4N6_lFcvx8_aLicwkfIfMEj_E3dv4eUn-Zlqu3KJmAzaxInj0VOvvGVlopp_X5rq8w" alt="Will CNA Stock Continue its Monthly Bullishness Ahead of Q2 2023?" width="1168" height="290"> 
  <figcaption class="wp-element-caption"> <strong>Source: TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>As the above chart shows, along with CNA Financial Corp., Assurant, Inc. (NYSE: AIZ) and Argo Group International Holdings Ltd. (NYSE: ARGO) have experienced less than 1% price growth in the last 1 month.</p> 
<h2 class="wp-block-heading" id="strong-cna-stock-price-analysis-strong"><strong>CNA Stock Price Analysis</strong></h2> 
<p>According to TradingView, a web-based social network for traders, on July 25, 2023, CNA stock price opened at $39.23 then added $0.14 and closed at $39.12.&nbsp;</p> 
<p>In the intraday trading session, CNA share price noted a high at $39.23 while the low was noted at $38.75. With a 0.36% intraday rise, the price neared its 100-day moving average.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/zEiBtQn7lNZyqVhR14Sp3Z_Xv6uQGN_j4KusnYwSOblUkfNP0u5Zp_0qLXR4BmkdZ5UGn3AIM-XeHa7TdX4ObficK3u8uZIrwt_OLuKe3kvWrnftdLTy-G1ZNdDOd_VauvhKqW-zWsSBDo8iAUcwww" alt="Will CNA Stock Continue its Monthly Bullishness Ahead of Q2 2023?"> 
  <figcaption class="wp-element-caption"> <strong>Source: CNA/USD by TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>In the recent intraday trading session, CNA share price started its upside track from its 50-day moving average to almost its 100-day moving average. The RSI further tries to take an upside ride with recent <a href="https://www.thecoinrepublic.com/2023/07/25/crt-stock-showed-bullish-trend-in-weekly-price-analysis/" rel="noopener noreferrer nofollow">bullishness</a>. Moreover, the bullish support further indicates that near Q2 2023, investors are quite interested in CNA Financial.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter is-resized"> 
  <img decoding="async" loading="lazy" src="https://lh3.googleusercontent.com/b5zJy_d2pDLlqd7UjohwuwnA4fjklLIk7iRn8v7EdAAwvgKf0PZl-WlVH-nD-b4VrD6ttS-Oa5U88Iu1JGsZaJPp2iU20TajK57iGP1dchhtczzxlaVVKPpWdEzWd6b6oCA5APia8groRAsjXT5Dog" alt="Will CNA Stock Continue its Monthly Bullishness Ahead of Q2 2023?" width="1170" height="505"> 
  <figcaption class="wp-element-caption"> <strong>Source: Price Target of CNA Stock by TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>For the upcoming 1 year, analysts have set their price target at $41.50 which is a 6.08% rise from the last closing price of CNA stock. As the above chart shows,</p> 
<p>the maximum estimate set by analysts is $45.00 while the minimum estimate is $38.00.</p> 
<h3 class="wp-block-heading" id="strong-the-fundamentals-of-cna-financial-strong"><strong>The Fundamentals of CNA Financial</strong></h3> 
<p>CNA Financial Corp. (NYSE: CNA), a Chicago-based financial corporation, has a market cap of $10.59 Billion. Earlier in May 2023, the company released its Q1 2023 report, stating its net income to be $297.00 Million.</p> 
<p>The dividends of CNA are paid quarterly while the last dividend per share was $0.42. At press time, the Dividend Yield (TTM)% is 4.21%. Its earnings per share (EPS) is $1.19 whereas the estimation was $1.19 which accounts for a negative 0.19% surprise.</p> 
<p>The revenue in Q1 2023 amounts to $2.13 Billion despite the estimated figure of $3.17 Billion. For the upcoming Q2 2023, the estimated EPS is $1.14, whereas the revenue is expected to reach $3.26 Billion.</p> 
<p>In 2022, the revenue of CNA Financial Corporation amounted to $10.14 Billion whereas $5.21 Billion came from its highest-performing source at the moment, specialty. The US made the greatest contribution to the revenue figure that brought it to $10.75 Billion in 2022.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

Will CNA Stock Continue its Monthly Bullishness Ahead of Q2 2023?

Table of Contents

Thecoinrepublic.com

Other articles published on Jul 26, 2023

DeFi Lending Protocol Exactly Protocol's $EXA Airdrop Available for Claiming

Crypto Lending Firm Faces Service Disruption as Assets Seized by Regulator

Ripple’s Chief Legal Officer Shrugs off Potential SEC Appeal on Landmark Ruling!

Singapore High Court Recognizes Crypto as Trustworthy Property in Landmark Ruling

Uniswap Enhanced DEX Version Pushes Decentralization Forward

Last Chance to Make a Fortune from the Crypto Market?

Join our free newsletter for daily crypto updates!