Voya Financial (VOYA) Projected to Post Quarterly Earnings on Tuesday

Voya Financial (NYSE:VOYA - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $1.63 per share and revenue of $1.94 billion for the quarter.

Voya Financial (NYSE:VOYA - Get Free Report) last released its earnings results on Tuesday, February 4th. The asset manager reported $1.50 EPS for the quarter, missing the consensus estimate of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. On average, analysts expect Voya Financial to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Voya Financial Price Performance

Shares of Voya Financial stock traded up $2.10 on Friday, reaching $61.10. 779,890 shares of the stock were exchanged, compared to its average volume of 857,147. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.31 and a current ratio of 0.30. The firm has a market cap of $5.88 billion, a PE ratio of 9.98, a P/E/G ratio of 0.48 and a beta of 0.95. The firm's 50 day moving average is $63.52 and its 200-day moving average is $70.85. Voya Financial has a one year low of $52.43 and a one year high of $84.30.

Voya Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Tuesday, May 27th will be paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend is Tuesday, May 27th. Voya Financial's payout ratio is presently 29.41%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on VOYA shares. Bank of America reissued an "underperform" rating and set a $71.00 price target (down previously from $79.00) on shares of Voya Financial in a report on Friday, March 28th. UBS Group dropped their target price on shares of Voya Financial from $94.00 to $89.00 and set a "buy" rating for the company in a report on Wednesday, April 2nd. Royal Bank of Canada decreased their price target on shares of Voya Financial from $90.00 to $85.00 and set an "outperform" rating on the stock in a report on Monday, February 3rd. Wells Fargo & Company dropped their price objective on shares of Voya Financial from $79.00 to $69.00 and set an "equal weight" rating for the company in a research note on Thursday, April 10th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Voya Financial from $84.00 to $80.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Voya Financial presently has an average rating of "Hold" and an average price target of $80.92.

Voya Financial Company Profile

Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.