What is DOWLING & PARTN's Estimate for GNW FY2026 Earnings?

Key Points

• DOWLING & PARTN raised its FY2026 EPS estimate for Genworth Financial to $1.11, up from $1.10 and slightly above the current consensus estimate of $1.10. The firm projects EPS of $1.16 for FY2027 and $1.19 for FY2028.
• Genworth reported quarterly EPS of $0.29, beating analyst expectations of $0.28, while revenue came in at $1.03 billion versus the $1.90 billion consensus estimate.
• Analyst sentiment is broadly positive, with Genworth carrying an average “Buy” rating and a $12.00 consensus price target; the stock recently opened at $10.48.

Genworth Financial, Inc. (NYSE:GNW - Free Report) - Equities research analysts at DOWLING & PARTN boosted their FY2026 earnings estimates for Genworth Financial in a research report issued on Tuesday, September 8th. DOWLING & PARTN analyst G. Dunn now anticipates that the financial services provider will post earnings per share of $1.11 for the year, up from their previous estimate of $1.10. The consensus estimate for Genworth Financial's current full-year earnings is $1.10 per share. DOWLING & PARTN also issued estimates for Genworth Financial's FY2027 earnings at $1.16 EPS and FY2028 earnings at $1.19 EPS.

Genworth Financial (NYSE:GNW - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The firm had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $1.90 billion. Genworth Financial had a return on equity of 1.06% and a net margin of 2.87%.

Several other brokerages have also commented on GNW. Wall Street Zen upgraded shares of Genworth Financial from a "sell" rating to a "hold" rating in a report on Sunday, July 12th. Keefe, Bruyette & Woods upgraded Genworth Financial from a "moderate buy" rating to a "strong-buy" rating in a research note on Tuesday, August 11th. Zacks Research raised Genworth Financial to a "hold" rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings raised Genworth Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $12.00.

Genworth Financial Price Performance

NYSE:GNW opened at $10.48 on Thursday. Genworth Financial has a 52 week low of $7.84 and a 52 week high of $10.69. The stock's fifty day moving average is $9.89 and its two-hundred day moving average is $9.13. The company has a market capitalization of $3.96 billion, a P/E ratio of 20.16 and a beta of 0.85. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.15.

Insider Activity

In other Genworth Financial news, CEO Thomas J. Mcinerney sold 100,000 shares of the business's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $10.53, for a total transaction of $1,053,000.00. Following the completion of the transaction, the chief executive officer owned 5,068,883 shares in the company, valued at $53,375,337.99. The trade was a 1.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Melissa Hagerman sold 14,708 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $9.91, for a total transaction of $145,756.28. Following the completion of the sale, the executive vice president directly owned 192,539 shares in the company, valued at approximately $1,908,061.49. This represents a 7.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.80% of the company's stock.

Institutional Trading of Genworth Financial

Hedge funds and other institutional investors have recently bought and sold shares of the business. HB Wealth Management LLC boosted its position in shares of Genworth Financial by 8.8% during the 2nd quarter. HB Wealth Management LLC now owns 13,482 shares of the financial services provider's stock worth $128,000 after acquiring an additional 1,089 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Genworth Financial by 8.3% during the 4th quarter. Captrust Financial Advisors now owns 14,770 shares of the financial services provider's stock worth $133,000 after acquiring an additional 1,133 shares in the last quarter. Truist Financial Corp lifted its stake in Genworth Financial by 9.6% during the fourth quarter. Truist Financial Corp now owns 14,342 shares of the financial services provider's stock worth $130,000 after purchasing an additional 1,257 shares during the last quarter. Abel Hall LLC lifted its stake in Genworth Financial by 11.9% during the fourth quarter. Abel Hall LLC now owns 12,672 shares of the financial services provider's stock worth $114,000 after purchasing an additional 1,348 shares during the last quarter. Finally, ProShare Advisors LLC boosted its holdings in Genworth Financial by 1.8% in the fourth quarter. ProShare Advisors LLC now owns 78,983 shares of the financial services provider's stock valued at $713,000 after purchasing an additional 1,382 shares in the last quarter. 81.85% of the stock is currently owned by institutional investors and hedge funds.

About Genworth Financial

Genworth Financial NYSE: GNW is a leading financial security company offering a broad range of insurance products. Based in Richmond, Virginia, Genworth provides individuals and families with solutions designed to protect against long-term care expenses, secure life insurance needs and support homeownership through private mortgage insurance. With operations spanning the United States, Canada and Australia, the company serves both retail and institutional clients through a diversified portfolio of risk management services.

The company's Private Mortgage Insurance (PMI) segment offers coverage to lenders and consumers in the US, Canada and Australia, enabling homebuyers to purchase properties with lower down payments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.