FY2026 EPS Estimates for Voya Financial Decreased by Analyst

Key Points

• Voya Financial’s FY2026 EPS estimate was cut to $9.35 from $9.45, slightly below the $9.37 consensus. Estimates call for EPS of $11.25 in FY2027 and $12.70 in FY2028.
• Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $102.15, despite mixed individual recommendations.
• Voya reported quarterly EPS of $1.51, missing expectations of $1.98, while revenue fell 4.3% year over year to $1.88 billion. The company also declared a quarterly dividend of $0.47 per share, yielding approximately 1.9%.

Voya Financial, Inc. (NYSE:VOYA - Free Report) - Analysts at DOWLING & PARTN dropped their FY2026 earnings estimates for Voya Financial in a report released on Friday, August 7th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the asset manager will post earnings of $9.35 per share for the year, down from their previous forecast of $9.45. The consensus estimate for Voya Financial's current full-year earnings is $9.37 per share. DOWLING & PARTN also issued estimates for Voya Financial's FY2027 earnings at $11.25 EPS and FY2028 earnings at $12.70 EPS.

A number of other equities analysts also recently issued reports on VOYA. Keefe, Bruyette & Woods increased their price objective on Voya Financial from $92.00 to $109.00 and gave the stock an "outperform" rating in a report on Monday, July 13th. Barclays lifted their price target on shares of Voya Financial from $98.00 to $105.00 and gave the company an "overweight" rating in a research report on Tuesday, July 7th. Jefferies Financial Group upped their price objective on shares of Voya Financial from $80.00 to $85.00 and gave the stock a "hold" rating in a report on Friday, July 10th. Bank of America lowered their target price on shares of Voya Financial from $72.00 to $70.00 and set an "underperform" rating for the company in a report on Tuesday, April 14th. Finally, Morgan Stanley upped their price target on Voya Financial from $84.00 to $92.00 and gave the stock an "overweight" rating in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $102.15.

Voya Financial Trading Down 1.0%

VOYA opened at $100.40 on Tuesday. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.51. Voya Financial has a 52 week low of $64.50 and a 52 week high of $103.85. The stock has a market cap of $9.10 billion, a PE ratio of 16.93, a PEG ratio of 0.96 and a beta of 0.89. The business has a 50 day moving average of $94.52 and a 200-day moving average of $81.31.

Voya Financial (NYSE:VOYA - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The asset manager reported $1.51 EPS for the quarter, missing the consensus estimate of $1.98 by ($0.47). The company had revenue of $1.88 billion during the quarter, compared to analysts' expectations of $1.90 billion. Voya Financial had a return on equity of 12.31% and a net margin of 7.45%.The business's quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the business earned $1.66 earnings per share.

Voya Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, August 26th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.9%. Voya Financial's dividend payout ratio (DPR) is presently 31.70%.

Insider Transactions at Voya Financial

In other Voya Financial news, insider Trevor Ogle sold 3,994 shares of the company's stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $90.00, for a total transaction of $359,460.00. Following the completion of the sale, the insider directly owned 2,887 shares of the company's stock, valued at approximately $259,830. This represents a 58.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.57% of the company's stock.

Hedge Funds Weigh In On Voya Financial

Institutional investors have recently bought and sold shares of the stock. Allworth Financial LP grew its holdings in Voya Financial by 75.5% during the third quarter. Allworth Financial LP now owns 351 shares of the asset manager's stock valued at $26,000 after purchasing an additional 151 shares during the period. Danske Bank A S bought a new position in shares of Voya Financial during the 2nd quarter valued at approximately $27,000. Atlas Capital Advisors Inc. purchased a new stake in Voya Financial in the 4th quarter worth approximately $28,000. V Square Quantitative Management LLC bought a new stake in Voya Financial during the 4th quarter worth approximately $33,000. Finally, Systematic Financial Management LP purchased a new position in Voya Financial during the fourth quarter valued at approximately $37,000. 96.10% of the stock is owned by institutional investors.

Voya Financial Company Profile

Voya Financial, Inc NYSE: VOYA is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya's operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya's core business activities span three key segments: Retirement, Investment Management and Employee Benefits.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source