CNA Financial The casualty and property insurance company reported on April 30 first-quarter earnings of $250 million, or 93 cents a share, up from year-earlier earnings of $220 million, or 82 cents. "A relatively low expected ROE suggests the stock should be trading at a discount to book value, however, we believe the current discount is a bit too steep," Bank of America Merrill Lynch analysts wrote in an April 30 report. "Part of the reason for the low ROE relates to excess capital as well as a drag from run-off businesses. We believe that management is taking steps to improve underwriting results and improving market conditions should allow progress." Forward Annual Dividend Yield: 2% -- Written by Alexandra Zendrian >To contact the writer of this article, click here: Alexandra Zendrian >To submit a news tip, send an email to: email@example.com. >To follow the writer on Twitter, go to Alexandra Zendrian.