La catena delle opzioni mostra i dati chiave delle opzioni azionarie di CNA Financial a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per CNA Financial..

CNA Financial (NYSE:CNA) Azioni, Catena delle Opzioni

CNA Financial

CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.

CNA Financial Corp

MULT HWABAO CHI ETF

CanadaBis Capital Inc

COMML NATL FINCL CORP PA by Commercial National Financial Corp. (PA)

Commercial National Financial Corp (PA)

CI ALTERNATIVE NORTH ETF

CHARDAN NEXTECH ACQUISITION CORP

UBS MSCI CHA SF ETF

CANADIAN UTIL 2ND PFD Y by Canadian Utilities Ltd.

Canadian Utilities Ltd

Collaborative Investment Series Trust Mohr Company Nav ETF

CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.07 by 0.93 percent. This is a 1.89 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $3.618 billion which beat the analyst consensus estimate of $2.567 billion by 40.94 percent. This is a 8.45 percent increase over sales of $3.336 billion the same period last year.

Earnings

Earnings Beats

News

CNA Financial Q3 2024 Adj. EPS $1.08 Beats $1.07 Estimate, Sales $3.618B Beat $2.567B Estimate

Approximately&nbsp;75%&nbsp;of the catastrophe losses are associated with four larger events, including&nbsp;$55 million&nbsp;from Hurricane Helene. The remaining approximately&nbsp;$35 million&nbsp;of losses is spread across a number of additional events occurring during the quarter.
Catastrophe losses are comprised of&nbsp;$127 million&nbsp;in the Commercial segment and&nbsp;$16 million&nbsp;in the International segment. The combined ratio impact of this&nbsp;third quarter&nbsp;catastrophe result is in line with&nbsp;CNA&#39;s&nbsp;third quarter&nbsp;average over the last five years.
Additionally, pretax net catastrophe losses related to Hurricane Milton, currently estimated between approximately&nbsp;$25 million&nbsp;to&nbsp;$55 million, are anticipated to be reflected in the&nbsp;fourth quarter&nbsp;2024 results.

CNA Financial Expects To Report Pretax Net Catastrophe Losses In Q3 Of $143M

B of A Securities analyst Joshua Shanker maintains CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) with a Underperform and raises the price target from $45 to $48.

Price Target

Analyst Ratings

B of A Securities Maintains Underperform on CNA Financial, Raises Price Target to $48

WIIM

ACGL

ACIC

CINF

ERIE

FIHL

HRTG

KNSL

PLMR

SPNT

Shares of insurance companies are trading lower while Floridians experience evacuation orders as Category 5 Hurricane Milton approaches the state. The region is still recovering from damage due to Hurricane Helene.

Shares of RLI Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rli#NYSE">RLI</a>) closed at $151.38 on Friday, near its 52-week high of $155.59. This proximity underscores investor confidence. It has the ingredients for further price appreciation. Technical indicators for RLI show that the stock is trading above its 50-day and 200-day moving averages, signaling strong upward momentum.
Earnings of RLI grew 18.7% in the last five years, better than the industry average of 10.5%. RLI has a solid surprise history. It surpassed earnings estimates in each of the last four quarters, the average being 140.08%.
Shares of RLI have gained 13.7% in the year-to-date period compared with the industry&#39;s growth of 28.2%. The stock has outperformed the Zacks S&amp;P 500 composite&#39;s growth 13.3%.
<h2>RLI YTD Price Performance</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/c4/76952.jpg?v=232627320" />
Image Source: Zacks Investment Research
<h2>Positive Analyst Sentiment Instills Confidence in RLI</h2>
Three of the four analysts covering the stock have raised estimates for 2024 and 2025 over the past 60 days. The Zacks Consensus Estimate for 2024 and 2025 increased 4.9% and 3.6%, respectively.
The consensus estimate for 2024 and 2025 earnings indicates an improvement of 24.2% and 2.6%, respectively. RLI has a Growth Score of B.
<h2>RLI&#39;s Favorable Return on Capital</h2>
Return on equity in the trailing 12 months was 18.3%, higher than the industry average of 7.9%. Return on equity, a profitability measure, reflects how effectively a company is utilizing its shareholders. Its return on invested capital has increased every year. This reflects RLI&#39;s efficiency in utilizing funds to generate income. ROIC in the trailing 12 months was 7.6%, higher than the industry average of 6%.
<h2>Key Points to Note for RLI</h2>
Product diversification across the Casualty, Property and Surety segments of the company has fueled the insurer&#39;s growth and financial success. The Casualty segment continues to gain from an expanded distribution base in personal umbrella and rate increases.
The commercial property business has been gaining from higher wind and earthquake exposure rates. Rate increases, improved retention and new opportunities in the inland marine space should benefit marine products.
The Surety segment continues to benefit from its compelling product portfolio, growth within existing accounts and writing of bonds with new customers. 
Building materials inflation and new accounts will aid commercial and contract surety businesses in the future. RLI boasts solid operating results and its financial position remained strong. Operating cash flows are likely to gain from higher premium receipts.
The insurer has a sound capital structure, helping it meet the interests of its policyholders, enhance operations in the insurance sector and aid growth in its book value for the long term.
<h2>RLI&#39;s Impressive Dividend History</h2>
RLI has been paying dividends for 187 consecutive quarters and increased regular dividends in each of the last 48 years at an eight-year (2016-2023) CAGR of 3.9%. In addition, the insurer has been paying special dividends since 2011. Over the past five years, the insurer has returned $819 million to shareholders. RLI has $87.5 million of remaining capacity from the repurchase program.
<h2>RLI Shares Are Expensive</h2>
The stock is overvalued compared with its industry. It is currently trading at a price-to-book ratio of 4.37, higher than the industry average of 1.61.
However, shares of other players from the same space, like Axis Capital Holdings Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/axs#NYSE">AXS</a>), CNA Financial Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cna#NYSE">CNA</a>) and NMI Holdings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nmih#NASDAQ">NMIH</a>), are trading at a discount to the industry average.
<h2>Conclusion</h2>
A strong product portfolio, rate increases, improved retention, higher premium receipts and sufficient liquidity and effective capital deployment should continue to favor RLI over the long term. Coupled with favorable growth estimates and ROE, the time appears right for potential investors to bet on this Zacks Rank #2 (Buy) insurer.
<a href="https://www.zacks.com/stock/news/2333502/rli-stock-near-52-week-high-what-investors-should-know?cid=CS-BENZ-FT-analyst_blog|rank_focused-2333502">To read this article on Zacks.com click here.</a>

Large Cap

Mid Cap

Dividends

Technicals

Small Cap

Markets

Trading Ideas

NMIH

RLI Stock Near 52-Week High: What Investors Should Know?

A month has gone by since the last earnings report for CNA Financial (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cna#NYSE">CNA</a>). Shares have added about 3.3% in that time frame, underperforming the S&amp;P 500.
Will the recent positive trend continue leading up to its next earnings release, or is CNA Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let&#39;s take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
CNA Financial Q2 Earnings Miss, Revenues Rise Y/Y 
CNA Financial Corporation reported second-quarter 2024 core earnings of $1.19 per share, which missed the Zacks Consensus Estimate by 1.6%. However, the bottom line increased 5.3% year over year. The quarterly results of CNA reflected higher income from fixed income securities, larger invested asset base, improved retention and renewal premium change, partly offset by poor underwriting income and escalating expenses.
<h3>Behind Second-Quarter Headlines</h3>
Total operating revenues of CNA Financial were $3.1 billion, up 6.7% year over year due to higher premiums, net investment income and other revenues. The top line beat the Zacks Consensus Estimate by 1.3%. Net written premiums of Property &amp; Casualty Operations increased 6% year over year to $2.6 billion, driven by retention of 85% and renewal premium change of 5% with a written rate of 4%.
Net investment income rose 7.4% year over year to $618 million. The increase was driven by higher income from fixed income securities as a result of favorable reinvestment rates and a larger invested asset base, as well as favorable limited partnership and common stock returns. Our estimate for net investment was $601.1 million. The Zacks Consensus Estimate was pegged at $592.3 million.
Total claims, benefits and expenses increased 7.3% to $2.6 billion, primarily due to higher insurance claims and policyholders&#39; benefits, amortization of deferred acquisition costs, non-insurance warranty expense, other insurance related expenses and other expenses. Our estimate was $2.5 billion.
Catastrophe losses were $82 million, wider than a loss of $68 million in the year-ago quarter. Underwriting income declined 10.1% year over year to $124 million. Our estimate was $175.3 million. The combined ratio deteriorated 100 basis points (bps) year over year to 94.8. The Zacks Consensus Estimate was pegged at 93.6 while our estimate was 92.8.
<h3>Segment Results</h3>
Specialty&#39;s net written premiums increased 4% year over year to $857 million. Our estimate was $900 million. The combined ratio deteriorated 180 bps to 92.7. The Zacks Consensus Estimate was pegged at 85.1.
Commercial&#39;s net written premiums increased 10% year over year to $1.4 billion. Our estimate was $1.3 billion. The combined ratio deteriorated 70 bps to 97. The Zacks Consensus Estimate was pegged at 94.8.
International&#39;s net written premiums remained flat year over year at $359 million. Our estimate was $402.7 million. The combined ratio improved 30 bps to 91.9. The Zacks Consensus Estimate was pegged at 106.9.
Life &amp; Group&#39;s net earned premiums were $109 million, down 3.5% year over year. Our estimate was $105.9 million. The core loss was $1 million, narrower than a loss of $20 million incurred in the year-ago quarter, primarily due to a reduced impact from long-term care policy buyouts and higher net investment income.
Corporate &amp; Other&#39;s core loss of $53 million was wider than a loss of $46 million incurred in the year-earlier quarter.
<h3>Financial Update</h3>
The core return on equity expanded 40 bps to 10.6%. Book value, excluding AOCI, as of Jun 30 was $45.86 per share, down 1.1% from the 2023-end level. Statutory capital and surplus for the Combined Continental Casualty Companies increased 0.7% from the 2023-end level to $11 billion at quarter end. Net cash flow provided by operating activities increased 23% to $616 million in the quarter.
<h3>Dividend Update</h3>
CNA Financial&#39;s board of directors approved a quarterly dividend of 44 cents per share to be paid out on Aug 29 to shareholders as of Aug 12.
<h2>How Have Estimates Been Moving Since Then?</h2>
In the past month, investors have witnessed a downward trend in estimates review.
The consensus estimate has shifted -6.02% due to these changes.
<h2>VGM Scores</h2>
At this time, CNA Financial has a poor Growth Score of F, a grade with the same score on the momentum front. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren&#39;t focused on one strategy, this score is the one you should be interested in.
<h2>Outlook</h2>
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, CNA Financial has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
<h2>Performance of an Industry Player</h2>
CNA Financial belongs to the Zacks Insurance - Property and Casualty industry. Another stock from the same industry, Kinsale Capital Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/knsl#NYSE">KNSL</a>), has gained 5.6% over the past month. More than a month has passed since the company reported results for the quarter ended June 2024.
Kinsale Capital Group reported revenues of $384.55 million in the last reported quarter, representing a year-over-year change of +30%. EPS of $3.75 for the same period compares with $2.88 a year ago.
For the current quarter, Kinsale Capital Group is expected to post earnings of $3.73 per share, indicating a change of +12.7% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.4% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Kinsale Capital Group. Also, the stock has a VGM Score of C.
<a href="https://www.zacks.com/stock/news/2328390/why-is-cna-financial-cna-up-3-3-since-last-earnings-report?cid=CS-BENZ-FT-realtime_blog-2328390">To read this article on Zacks.com click here.</a>

Earnings Misses

Why Is CNA Financial Up 3.3% Since Last Earnings Report?

Palomar Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plmr#NASDAQ">PLMR</a>) reported second-quarter 2024 operating income of $1.25 per share, which beat the Zacks Consensus Estimate by 11.6%. The bottom line increased 45.3% year over year.
Palomar witnessed improved premiums, increased adjusted underwriting income and higher yields on invested assets, partly offset by higher losses and loss adjustment expenses, as well as underwriting expenses.
<div class="chart_embed">
Palomar Holdings, Inc. Price, Consensus and EPS Surprise
<img alt="Palomar Holdings, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/5c/1722942068.png" style="height:265px; width:577px" title="" />
Palomar Holdings, Inc. price-consensus-eps-surprise-chart | Palomar Holdings, Inc. Quote
</div>
<h3>Behind the Headlines</h3>
Total revenues improved 47.2% year over year to $131 million, mainly attributable to higher premiums, commission and other income and net investment income. The top line beat the Zacks Consensus Estimate by 9.2%.
Gross written premiums increased 40.4% year over year to $385.2 million. Our estimate was $362.7 million. Net earned premiums increased 47.1% year over year to $122.3 million. Our estimate was $109.2 million. The Zacks Consensus Estimate is pegged at $117.7 million.
Net investment income increased 43.7% year over year to $8 million, driven by higher yields on invested assets and a higher average balance of investments held during the three months ended Jun 30, 2024, due to cash generated from operations. The Zacks Consensus Estimate is pegged at $8.2 million. Our estimate was $8.9 million.
Palomar recorded an underwriting income of $25.6 million, which increased 47% from the year-ago quarter&#39;s income of $17.4 million. Our estimate was $23.2 million.
Adjusted underwriting income was $32.9 million, up 42.5% year over year.
Total expenses of $97.6 million increased 45% year over year due to higher losses and loss adjustment expenses, underwriting expenses and acquisition expenses, net of ceding commissions and fronting fees. Our estimate was $87.2 million.
The loss ratio was 24.9, which deteriorated 340 basis points (bps) year over year. Our estimate was 23.2. The Zacks Consensus Estimate was pegged at 24.7.
Adjusted combined ratio, excluding catastrophe losses, deteriorated 90 bps year over year to 73.1. The Zacks Consensus Estimate was pegged at 75.8.
<h3>Financial Update</h3>
Cash and cash equivalents decreased 7.1% from 2023-end to $47.8 million at the end of the second quarter of 2024. Shareholder equity increased 13% from 2023-end to $532.6 million at the end of the reported quarter.
Annualized adjusted return on equity in the second quarter of 2024 was 24.7%, expanding 340 bps year over year.
<h3>2024 View</h3>
Palomar expects adjusted net income in the range of $124-$130 million. This range includes $6.8 million of catastrophe losses incurred during the six months ended Jun 30, 2024, and additional catastrophe losses incurred during the third quarter of 2024 of nearly $5-$7 million related to Hurricanes Beryl and Debby.
<h3>Zacks Rank</h3>
PLMR currently carries a Zacks Rank #3 (Hold).
<h3>Performance of Other Property &amp; Casualty Insurers</h3>
Cincinnati Financial Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cinf#NASDAQ">CINF</a>) reported second-quarter 2024 operating income of $1.29 per share, which surpassed the Zacks Consensus Estimate by 33%. The bottom line increased 7% year over year. Total operating revenues in the quarter under review were $2.4 billion, which improved 10.8% year over year. However, the top line missed the consensus mark by 1.5%.
Net written premiums climbed 14% year over year to $2.4 billion. Investment income, net of expenses, increased 10% year over year to $242 million and missed our estimate of $246.2 million. The Zacks Consensus Estimate was pegged at $252 million. Total benefits and expenses of Cincinnati Financial increased 11.2% year over year to $2.1 billion. Our estimate was $2.2 billion. In its P&amp;C insurance business, CINF witnessed an underwriting income of $35 million, which decreased 26% from the year-ago period. Our estimate was pegged at an income of $1.5 million.
RLI Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rli#NYSE">RLI</a>) reported second-quarter 2024 operating earnings of $1.72 per share, beating the Zacks Consensus Estimate by 27.4%. The bottom line improved 48.3% year over year. Operating revenues for the reported quarter were $413 million, up 17.6% year over year, driven by 17.6% higher net premiums earned and 18% higher net investment income. The top line beat the Zacks Consensus Estimate of $403 million. Gross premiums written increased 11% year over year to $563.4 million. Our estimate was $664 million.
Net investment income increased 18% year over year to $34 million. Our estimate was $39.1 million. The Zacks Consensus Estimate was pegged at $37.4 million. Total expenses increased 9.5% year over year to $314.8 million. Our estimate was $331.7 million. Underwriting income increased 70% year over year to $70 million. The combined ratio improved 570 bps year over year to 81.5. The Zacks Consensus Estimate for the metric was pegged at 95.3, while our estimate was 89.9.
CNA Financial Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cna#NYSE">CNA</a>) reported second-quarter 2024 core earnings of $1.19 per share, which missed the Zacks Consensus Estimate by 1.6%. However, the bottom line increased 5.3% year over year. Total operating revenues of CNA Financial were $3.1 billion, up 6.7% year over year. The top line beat the Zacks Consensus Estimate by 1.3%. Net written premiums of Property &amp; Casualty Operations increased 6% year over year to $2.6 billion.
Net investment income rose 7.4% year over year to $618 million. Our estimate for net investment was $601.1 million. The Zacks Consensus Estimate was pegged at $592.3 million. Total claims, benefits and expenses increased 7.3% to $2.6 billion. Our estimate was $2.5 billion. Catastrophe losses were $82 million, wider than a loss of $68 million in the year-ago quarter. Underwriting income declined 10.1% year over year to $124 million. Our estimate was $175.3 million.
<a href="https://www.zacks.com/stock/news/2317146/palomar-plmr-q2-earnings-top-estimates-on-improved-premiums?cid=CS-BENZ-FT-analyst_blog|earnings_article-2317146">To read this article on Zacks.com click here.</a>

Palomar Q2 Earnings Top Estimates on Improved Premiums

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) with a Market Perform and raises the price target from $48 to $53.

Keefe, Bruyette & Woods Maintains Market Perform on CNA Financial, Raises Price Target to $53

Wall Street opened higher at the start of a data-heavy week, with traders adopting an optimistic tone ahead of crucial earnings<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/40016926/markets-brace-for-crucial-interest-rate-shake-up-what-to-expect-from-federal-reserv"> reports and economic events.</a>
The S&amp;P 500 rose 0.4% by midday trading in New York, while the tech-heavy Nasdaq 100 climbed 0.8%. The blue-chip index inched 0.1% up, and small caps slipped 0.8%.
Four out of the six largest U.S. corporations – including Microsoft Corp., Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) and Amazon Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) – are set to report their latest quarterly earnings between Tuesday and Thursday.
Meanwhile, the Federal Reserve will hold its two-day Federal Open Market Committee (FOMC) meeting, concluding Wednesday with the rate statement and Fed Chair Jerome Powell&#8216;s press conference.
The Fed is widely expected to keep interest rates steady, but traders will closely watch for any signals of a potential rate cut in September. Market-implied odds currently fully factor in a September rate cut, as shown by CME Group&#8217;s FedWatch tool.
Additionally, crucial labor market statistics will be released this week, including the June Job Openings and Labor Turnover Survey (JOLTs) on Tuesday, July private payroll numbers from Automatic Data Processing Inc. on Wednesday, and the highly anticipated official employment report for July on Friday.
Treasury yields were mostly flat for shorter-dated maturities, while yields for both the 10-year and 30-year tenors fell by 2 basis points on Monday. The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) rose 0.4%.
In commodities markets, oil fell 1.1%, with West Texas Intermediate (WTI) light crude dropping below $76, hitting a fresh 7-week low as bearish demand developments in China outweighed supply concerns from <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/40015199/oil-prices-remain-under-pressure-despite-rising-middle-east-tensions-a-bearish-tria">rising Middle East tensions.</a> U.S. natural gas prices also fell 1.4%.
Gold inched 0.5% lower, while copper and silver declined 0.7% and 1.4%, respectively. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) held steady at around $68,000, failing to rally significantly despite bullish headlines over the weekend.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,173.24</td>
<td>0.8%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,482.99</td>
<td>0.4%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,620.03</td>
<td>0.1%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,242.45</td>
<td>-0.8%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:20 p.m. ET</figcaption></figure>
According to <a href="https://pro.benzinga.com/dashboard/?utm_source=BZprocontent072924&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.4% higher to $546.49.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;held steady at $406.12.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(ARCA:&nbsp;<a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a><a href="https://www.benzinga.com/quote/qqq" target="_blank" rel="noreferrer noopener"></a>QQQ) rose 0.8% to $466.90.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.8% to 222.43.</li>
<li>Sector-wise, the Consumer Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)&nbsp;outperformed, up by 1.7%, while the&nbsp;Energy Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rallied 5% after a bullish note from Morgan Stanley putting the EV-maker as the analyst &#8216;top pick&#8217; in the U.S. automotive industry. </li>
<li>Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) rose 2.6% after Fubon issued a &#8216;New Buy&#8217; rating with price target at $4,533. </li>
<li>Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) fell 1.6% after Piper Sandler cut the company&#8217;s rating to Neutral. </li>
</ul>
Stocks moving on earnings were:
<ul>
<li>McDonalds Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) soared 4.3%, despite reporting disappointing profits.</li>
<li>ON Semiconductor Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) skyrocketed 13.5%, eyeing the best one-day gain since November 2022, amid stronger-than-expected quarterly results.</li>
<li>Revvity Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVTY#NYSE">RVTY</a>) climbed 6.4%. </li>
<li>CNA Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) rose 3.7%. </li>
<li>Affiliated Managers Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMG#NYSE">AMG</a>) rose 3.9%. </li>
<li>Alliance Resource Partners L.P. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARLP#NASDAQ">ARLP</a>) tumbled 6%. </li>
</ul>
Large-cap stocks reporting earnings after the close include: 
<ul>
<li>Hologic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>).</li>
<li>Woodward Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WWD#NASDAQ">WWD</a>).</li>
<li>F5 Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>).</li>
<li>Chesapeake Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHK#NYSE">CHK</a>). </li>
<li>Amkor Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>).</li>
<li>Crane Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CR#NYSE">CR</a>). </li>
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/40013144/if-economic-performance-were-an-olympic-sport-us-economy-would-win-gold-says-market">If Economic Performance Were An Olympic Sport, &#8216;US Economy Would Win Gold,&#8217; Says Market Veteran</a></li>
</ul>
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Wall Street Rises Ahead Of Big Tech Earnings, Fed Meeting; Tesla Rebounds, Oil Prices Drop To 7-Week Lows: What's Driving Markets Monday?

CORRECTION: CNA Financial Q2 2024 Adj. EPS $1.19, Inline, Sales $3.52B Miss $3.55B Estimate

Loews Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>) reported <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n40005963/loews-corporation-reports-net-income-of-369-million-for-the-second-quarter-of-2024" rel="noreferrer noopener">second-quarter 2024 net income of $369 million</a>, up 2.5% year-over-year. EPS was $1.67, up from $1.58 year-ago.
Revenues grew to $4.27 billion from $3.39 billion a year ago.
CNA Financial Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NYSE">CAN</a>) revenue contribution increased to $3.52 billion from $3.30 billion a year ago, and net income rose to $291 million from $255 million a year ago.
CNA&#8217;s net income attributable to Loews improved year-over-year due to higher net investment income partially offset by higher catastrophe losses.
Boardwalk Pipelines segment&#8217;s revenues rose to $488 million from $365 million in the year-ago quarter, and net income rose to $70 million from $57 million the prior year.
Boardwalk Pipelines&#8217; results improved year-over-year due to higher re-contracting rates and new growth projects.
&#8220;Loews had another good quarter driven by strong results at CNA and Boardwalk. CNA continued to experience profitable growth while Boardwalk capitalized on strong fundamentals in the natural gas pipeline business,&#8221; commented James S. Tisch, President and CEO.
Loews Hotels&#8217; revenues declined to $251 million from $254 million a year ago, and net income fell to $35 million from $74 million a year ago. The decline was due to lower joint venture income and higher expenses from the new Loews Arlington Hotel despite a $36 million acquisition gain.
As of June 30, 2024, the company had $3.1 billion in cash and investments and $1.8 billion in debt.
Loews repurchased 2.4 million shares for $180 million in Q2 and an additional 0.2 million shares for $14 million in Q3. As of June 30, 2024, there were 219.7 million shares outstanding.
Additionally, Lowes <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n40005949/loews-corporation-announces-ceo-transition" rel="noreferrer noopener">announced the retirement of James Tisch</a> as President &amp; CEO as of December 31, 2024; Benjamin Tisch was elected as successor. James Tisch will become chairman of the board, and Benjamin and Alexander Tisch will join the board. Andrew and Jonathan Tisch will transition to Directors Emeriti.
Price Action: L shares were trading higher by 6.13% at $85.00 premarket at the last check on Monday.
Image via Unsplash

Management

Movers

Loews Clocks Strong Q2 Performance, CEO James Tisch To Retire, Benjamin Tisch Named Successor

CNA Financial shares are trading higher following better-than-expected Q2 financial results.

CNA Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) announced today that Executive Vice President &amp; 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.

CNA Financial Appoints Doug Worman As President And CEO As Of January 1, 2025; Dino E. Robusto, The Current Chairman And CEO, Will Transition To The Role Of Executive Chairman

The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve&#8217;s unexpectedly dovish stance <a href="https://www.benzinga.com/economics/macro-economic-events/24/05/38584705/federal-reserve-takes-cautious-stand-on-inflation-powell-signals-preference-for-r">in its latest meeting.</a>
For Q1 2024, 80% of S&amp;P 500 companies have disclosed actual results, with over three quarters of them surpassing EPS estimates and 61% exceeding revenue estimates, according to FactSet.
The S&amp;P 500 rose by 0.4%, with the tech-heavy Nasdaq 100 showing a similar daily surge. Small caps, as measured by the iShares Russell 2000 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), outperformed large caps, rising by 1.2%.
Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) surged over 6% ahead of its Q1 results, set to be released after the market closes. The broader chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>), rose 1.7%, showing solid gains. 
Commodities performed strongly overall, with natural gas prices surging nearly 6% to a 4-month high. West Texas Intermediate (WTI) light crude oil rose by 1%, on track to break a 5-day losing streak. 
Crude oil faced notable volatility around 12:47 EDT as gains were initially trimmed on news of Hamas accepting a ceasefire proposal, but then it partially recovered those losses after Israeli Forces stated that Hamas had agreed to a modified version not accepted by Israel.
Gold and silver also saw robust demand, with gold up over 0.7% and silver rallying about 3%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) softened 0.8%, with prices retracing after testing the 50-day moving average resistance at $65,500-$65,900 levels.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,065.27</td>
<td>1.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,002.16</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,156.88</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>38,736.04</td>
<td>0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. EDT </figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.6% to $514.40, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.2% to $387.45 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.6% to $437.98, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.3%, followed by the Industrials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>), up 0.8%. The Consumer Staples Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) was the major laggard, down 0.4%.
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Tyson Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) fell over 7%, after the company missed the Street&#8217;s revenue estimates last quarter.</li>
<li>Other companies reacting to earnings were Loews Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>) up 1.6%, CNA Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) up 0.5%, Jones Lang LaSalle Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) up 4%, Freshpet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRPT#NASDAQ">FRPT</a>) up over 6%, Brookfield Renewable Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEPC#NYSE">BEPC</a>) up 3%, and Integra LifeSciences Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IART#NASDAQ">IART</a>) down 21%,</li>
<li>Gold and silver miners rallied sharply Monday, on the heels of surging metal prices. The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) was up 2.4%, while the Global X Silver Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIL#NYSE">SIL</a>) rocketed 2.9%. Notable outperformers for the industry were Coeur Mining Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>), Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) and Fortuna Silver Mines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSM#NYSE">FSM</a>) all screening a 5% surge.</li>
<li>Shares of Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) rose over 5% following a report by The New York Times on Sunday, indicating that the special committee approved initiating deal discussions with Sony and Apollo.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) fell over 12% after it rallied by about 50% over the last two sessions. </li>
<li> Companies reporting after the close include ADTRAN Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>), Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>), Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>), FMC Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>), Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), The Williams Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>), Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>). </li>
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Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?

Loews Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>)&nbsp;reported&nbsp;first-quarter FY24 net income of $457 million, up 22% Y/Y. EPS of $2.05 was higher than the year-ago figure of $1.61.
Revenues were $4.23 billion, higher than&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">$3.78 billion a year ago</a>.
CNA Financial Corp&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) revenue contribution increased to $3.44 billion from $3.15 billion a year ago, and net income rose to $310 million from&nbsp;$268 million a year ago.
CNA&#8217;s net income benefited from higher&nbsp;net investment income and favorable net prior-year loss reserve development.
Boardwalk Pipelines segment&#8217;s revenues rose to $517 million from $397 million in the year-ago quarter, and net income rose to $121 million from $86 million the prior year.&nbsp;
Broadway Pipelines benefitted from higher revenues from re-contracting at higher rates and recently completed growth projects.
Loews Hotels&#8217; revenues rose to $216 million from $192 million a year ago, while&nbsp;net income declined to $16 million from $24 million a year ago owing to lower equity income from joint ventures on decreased overall occupancy rates in&nbsp;Orlando.
As of&nbsp;March-end, the company had&nbsp;$3.2 billion&nbsp;in cash and investments and&nbsp;$1.8 billion&nbsp;in debt.
Loews repurchased 0.9 million shares for $67 million in the quarter. As of the first quarter&#8217;s end, 222.1 million common shares remained outstanding.
Investors can gain exposure to the stock via&nbsp;Absolute Select Value ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABEQ#NYSE">ABEQ</a>) and&nbsp;Democratic Large Cap Core ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DEMZ#NASDAQ">DEMZ</a>).
Price Action: L shares are up 0.13% at $76.50 premarket at the last check Monday.
Photo via Shutterstock

ABEQ

DEMZ

What's Going On With Insurance Company Loews' Shares Monday?

CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) reported quarterly sales of $3.444 billion which beat the analyst consensus estimate of $2.997 billion by 14.91 percent. This is a 9.26 percent increase over sales of $3.152 billion the same period last year.

CNA Financial Q1 2024 Sales $3.444B Beat $2.997B Estimate

CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) reported quarterly earnings of $1.30 per share which missed the analyst consensus estimate of $1.40 by 7.14 percent. This is a 9.24 percent increase over earnings of $1.19 per share from the same period last year.

CNA Financial Q1 2024 Adj EPS $1.30 Misses $1.40 Estimate

Keefe, Bruyette &amp; Woods analyst Meyer Shields maintains CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) with a Market Perform and raises the price target from $48 to $50.

Keefe, Bruyette & Woods Maintains Market Perform on CNA Financial, Raises Price Target to $50

On March 05, 2024, Loews (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>) will distribute a dividend payout of $0.06 per share, equating to an annualized dividend yield of 0.34%. Shareholders who owned the stock before the ex-dividend date on February 20, 2024 will receive this payout.
<h3>Loews Recent Dividend Payouts</h3>
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 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-20</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.34%</td>
<td>2024-02-06</td>
<td>2024-02-21</td>
<td>2024-03-05</td>
</tr>
<tr>
<td>2023-11-21</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.38%</td>
<td>2023-11-07</td>
<td>2023-11-22</td>
<td>2023-12-05</td>
</tr>
<tr>
<td>2023-08-15</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.4%</td>
<td>2023-08-01</td>
<td>2023-08-16</td>
<td>2023-08-29</td>
</tr>
<tr>
<td>2023-05-23</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.43%</td>
<td>2023-05-09</td>
<td>2023-05-24</td>
<td>2023-06-06</td>
</tr>
<tr>
<td>2023-02-21</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.41%</td>
<td>2023-02-07</td>
<td>2023-02-22</td>
<td>2023-03-07</td>
</tr>
<tr>
<td>2022-11-22</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.45%</td>
<td>2022-11-08</td>
<td>2022-11-23</td>
<td>2022-12-06</td>
</tr>
<tr>
<td>2022-08-16</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.45%</td>
<td>2022-08-02</td>
<td>2022-08-17</td>
<td>2022-08-30</td>
</tr>
<tr>
<td>2022-05-24</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.4%</td>
<td>2022-05-10</td>
<td>2022-05-25</td>
<td>2022-06-07</td>
</tr>
<tr>
<td>2022-02-22</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.41%</td>
<td>2022-02-08</td>
<td>2022-02-23</td>
<td>2022-03-08</td>
</tr>
<tr>
<td>2021-11-23</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.43%</td>
<td>2021-11-09</td>
<td>2021-11-24</td>
<td>2021-12-07</td>
</tr>
<tr>
<td>2021-08-17</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.47%</td>
<td>2021-08-03</td>
<td>2021-08-18</td>
<td>2021-08-31</td>
</tr>
<tr>
<td>2021-05-25</td>
<td style="text-align: right;">4</td>
<td>$0.06</td>
<td>0.43%</td>
<td>2021-05-11</td>
<td>2021-05-26</td>
<td>2021-06-08</td>
</tr>
</tbody>
</table>
In terms of dividend yield, Loews finds itself in the middle ground among its industry peers, while CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) takes the lead with the highest annualized dividend yield at 4.06%.
<h3>Analyzing Loews Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709651138_0.png" alt="dividend chart graph" />
As you can see, from 2020 to 2023, investors observed a stable dividend per share of $0.25 throughout this period. This indicates a consistent dividend policy maintained by the company, providing stability to shareholders. Investors can rely on the company's consistent dividend payout to generate a steady income stream.
<h3>YoY Earnings Growth For Loews</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709651138_1.png" alt="earning chart graph" />
The earnings chart above shows that from 2020 to 2023, Loews has experienced an increase in their earnings from $-2.48 per share to $5.84 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
<h3>Recap</h3>
This article provides an in-depth analysis of Loews's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.06 per share, resulting in an annualized dividend yield of 0.34%.
In terms of dividend yield, Loews finds itself in the middle ground among its industry peers, while CNA Financial takes the lead with the highest annualized dividend yield at 4.06%.
Despite no adjustment in the dividend per share over the period of 2020 to 2023, the consistent growth in earnings per share for Loews indicates a sound financial status, which could enable the company to continue sharing profits with its investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Track real-time stock fluctuations for Loews on Benzinga.](https://www.benzinga.com/quote/Loews (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/l#NYSE">L</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Increasing Performance and Stable Payouts: Loews Benefits Investors with Growing Earnings

As the day concludes, Kemper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMPR#NYSE">KMPR</a>) is preparing to distribute a dividend payout of $0.31 per share, resulting in an annualized dividend yield of 2.15%. This payout is exclusive to investors who held the stock before the ex-dividend date on February 16, 2024.
<h3>Kemper Recent Dividend Payouts</h3>
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 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
 }

 .dividend-amount {
 font-weight: bold;
 color: #0d6efd;
 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-16</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.15%</td>
<td>2024-02-07</td>
<td>2024-02-20</td>
<td>2024-03-05</td>
</tr>
<tr>
<td>2023-11-13</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.94%</td>
<td>2023-10-31</td>
<td>2023-11-14</td>
<td>2023-11-30</td>
</tr>
<tr>
<td>2023-08-11</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.45%</td>
<td>2023-08-02</td>
<td>2023-08-14</td>
<td>2023-08-28</td>
</tr>
<tr>
<td>2023-05-12</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.73%</td>
<td>2023-05-03</td>
<td>2023-05-15</td>
<td>2023-06-30</td>
</tr>
<tr>
<td>2023-02-10</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.11%</td>
<td>2023-02-01</td>
<td>2023-02-13</td>
<td>2023-02-28</td>
</tr>
<tr>
<td>2022-11-14</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.61%</td>
<td>2022-11-02</td>
<td>2022-11-15</td>
<td>2022-12-01</td>
</tr>
<tr>
<td>2022-08-12</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.91%</td>
<td>2022-08-03</td>
<td>2022-08-15</td>
<td>2022-08-29</td>
</tr>
<tr>
<td>2022-05-13</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.4%</td>
<td>2022-05-04</td>
<td>2022-05-16</td>
<td>2022-05-31</td>
</tr>
<tr>
<td>2022-02-11</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>2.35%</td>
<td>2022-02-02</td>
<td>2022-02-14</td>
<td>2022-03-01</td>
</tr>
<tr>
<td>2021-11-12</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.94%</td>
<td>2021-11-03</td>
<td>2021-11-15</td>
<td>2021-12-01</td>
</tr>
<tr>
<td>2021-08-13</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.98%</td>
<td>2021-08-04</td>
<td>2021-08-16</td>
<td>2021-08-30</td>
</tr>
<tr>
<td>2021-05-14</td>
<td style="text-align: right;">4</td>
<td>$0.31</td>
<td>1.56%</td>
<td>2021-05-05</td>
<td>2021-05-17</td>
<td>2021-06-01</td>
</tr>
</tbody>
</table>
Kemper's dividend yield falls in the middle range when compared to its industry peers, with CNA Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) having the highest annualized dividend yield at 4.06%.
<h3>Analyzing Kemper Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709651123_0.png" alt="dividend chart graph" />
Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $1.20 to $1.24, indicating the company's dedication to enhancing shareholder value through increased dividends.
<h3>YoY Earnings Growth For Kemper</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709651123_1.png" alt="earning chart graph" />
From 2020 to 2023, Kemper experienced a decrease in earnings per share, dropping from $6.44 to $-2.13. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
<h3>Recap</h3>
In this article, we explore the recent dividend payout of Kemper and its significance for shareholders. The company has decided to distribute a dividend of $0.31 per share today, which equates to an annualized dividend yield of 2.15%.
Kemper's dividend yield falls in the middle range when compared to its industry peers, with CNA Financial having the highest annualized dividend yield at 4.06%.
The rising dividend per share and declining earnings per share of Kemper from 2020 to 2023 indicate a deliberate choice to prioritize dividend distribution over earnings performance.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
\To read more news on Kemper <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

KMPR

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