Genworth Financial Company Profile (NYSE:GNW)

About Genworth Financial (NYSE:GNW)

Genworth Financial logoGenworth Financial, Inc. (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff. The Mortgage Insurance Division includes the business segments, such as International Mortgage Insurance and U.S. Mortgage Insurance. The Corporate and Runoff Division includes the Runoff segment and Corporate and Other activities. In September 2013, Genworth Financial, Inc closed the sale of its Wealth Management business, including Genworth Financial Wealth Management and alternative solutions provider, the Altegris companies, to a partnership of Aquiline Capital Partners and Genstar Capital.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life Insurance
  • Sub-Industry: Multi-line Insurance
  • Symbol: NYSE:GNW
  • CUSIP: 37247D10
  • Web: www.genworth.com
Capitalization:
  • Market Cap: $1.81 billion
  • Outstanding Shares: 498,948,000
Average Prices:
  • 50 Day Moving Avg: $3.89
  • 200 Day Moving Avg: $3.95
  • 52 Week Range: $2.26 - $5.27
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 3.90
  • P/E Growth: 0.78
Sales & Book Value:
  • Annual Revenue: $8.76 billion
  • Price / Sales: 0.21
  • Book Value: $25.67 per share
  • Price / Book: 0.14
Profitability:
  • EBIDTA: $803.25 million
  • Net Margins: -3.31%
  • Return on Equity: -1.97%
  • Return on Assets: -0.29%
Debt:
  • Debt-to-Equity Ratio: 0.29%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.28%
Misc:
  • Average Volume: 5.90 million shs.
  • Beta: 2.62
  • Short Ratio: 1.91
 

Frequently Asked Questions for Genworth Financial (NYSE:GNW)

What is Genworth Financial's stock symbol?

Genworth Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNW."

How were Genworth Financial's earnings last quarter?

Genworth Financial Inc (NYSE:GNW) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.29 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.07. The firm earned $2.14 billion during the quarter, compared to analyst estimates of $2.15 billion. Genworth Financial had a negative return on equity of 1.97% and a negative net margin of 3.31%. View Genworth Financial's Earnings History.

Where is Genworth Financial's stock going? Where will Genworth Financial's stock price be in 2017?

7 brokerages have issued 12 month price targets for Genworth Financial's stock. Their forecasts range from $3.50 to $5.00. On average, they expect Genworth Financial's share price to reach $4.15 in the next twelve months. View Analyst Ratings for Genworth Financial.

What are analysts saying about Genworth Financial stock?

Here are some recent quotes from research analysts about Genworth Financial stock:

  • 1. According to Zacks Investment Research, "Genworth’s first-quarter bottom line beat expectations and improved year over year. Genworth has agreed to be acquired by China Oceanwide as the transaction will enhance value for its customers through better services. Nonetheless, it will remain committed toward its key financial priorities of strengthening the balance sheet and stabilizing and improving ratings over time, particularly in its U.S. MI business. Genworth is intensifying focus on streamlining and rationalizing business to mainly improve performance, enhance financial and strategic flexibility. However, new products and pricing changes in the U.S. Life Insurance Division implemented over the past couple of years led to lower sales for Genworth. Shares of Genworth underperformed the Zacks categorized Life Insurance industry, year to date." (5/4/2017)
  • 2. Wells Fargo & Co analysts commented, "We are raising our full year 2017E to $0.87 from $0.76 to account for the beat. Our 2018E remains $0.70. No change to our valuation range of $3.50 to $4.00." (5/2/2017)

Are investors shorting Genworth Financial?

Genworth Financial saw a decrease in short interest in the month of April. As of April 13th, there was short interest totalling 12,998,769 shares, a decrease of 16.1% from the March 31st total of 15,487,877 shares. Based on an average daily volume of 7,951,026 shares, the short-interest ratio is presently 1.6 days. Currently, 2.6% of the shares of the company are short sold.

Who are some of Genworth Financial's key competitors?

Who owns Genworth Financial stock?

Genworth Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.77%), Vanguard Group Inc. (7.83%), State Street Corp (4.61%), FMR LLC (3.46%), Dimensional Fund Advisors LP (2.54%) and Oxford Asset Management (1.61%). Company insiders that own Genworth Financial stock include James A Parke, Martin P Klein, Michael S Laming, Thomas E Moloney and Thomas J Mcinerney. View Institutional Ownership Trends for Genworth Financial.

Who sold Genworth Financial stock? Who is selling Genworth Financial stock?

Genworth Financial's stock was sold by a variety of institutional investors in the last quarter, including Bogle Investment Management L P DE, JPMorgan Chase & Co., American Century Companies Inc., California Public Employees Retirement System, State Treasurer State of Michigan, Valueworks LLC, Morgan Stanley and Russell Investments Group Ltd.. View Insider Buying and Selling for Genworth Financial.

Who bought Genworth Financial stock? Who is buying Genworth Financial stock?

Genworth Financial's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Southpoint Capital Advisors LP, Prudential Financial Inc., Saba Capital Management L.P., FMR LLC, State Street Corp, OMERS ADMINISTRATION Corp and Eqis Capital Management Inc.. Company insiders that have bought Genworth Financial stock in the last two years include James A Parke, Martin P Klein, Michael S Laming, Thomas E Moloney and Thomas J Mcinerney. View Insider Buying and Selling for Genworth Financial.

How do I buy Genworth Financial stock?

Shares of Genworth Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Genworth Financial stock cost?

One share of Genworth Financial stock can currently be purchased for approximately $3.63.

Analyst Ratings

Consensus Ratings for Genworth Financial (NYSE:GNW) (?)
Ratings Breakdown: 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $4.15 (14.26% upside)

Analysts' Ratings History for Genworth Financial (NYSE:GNW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/2/2017Wells Fargo & CoReiterated RatingHoldHighView Rating Details
4/19/2017BTIG ResearchReiterated RatingNeutralLowView Rating Details
11/11/2016Compass PointUpgradeNeutral -> Buy$4.00 -> $4.09N/AView Rating Details
9/23/2016Goldman Sachs Group IncBoost Price TargetNeutral$3.00 -> $4.00N/AView Rating Details
9/5/2016Keefe, Bruyette & WoodsReiterated RatingMarket Perform$3.50N/AView Rating Details
8/3/2016Morgan StanleyReiterated RatingNeutralN/AView Rating Details
8/3/2016JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
11/2/2015Raymond James Financial, Inc.Lower Price Target$9.50 -> $9.00N/AView Rating Details
9/17/2015MacquarieReiterated RatingHold$5.00 -> $7.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Genworth Financial (NYSE:GNW)
Earnings by Quarter for Genworth Financial (NYSE:GNW)
Earnings History by Quarter for Genworth Financial (NYSE:GNW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.22$0.29$2.15 billion$2.14 billionViewN/AView Earnings Details
2/7/2017Q4 2016$0.20($0.27)$2.13 billion$2.20 billionViewN/AView Earnings Details
11/3/2016Q316$0.22($0.81)$2.15 billion$2.15 billionViewN/AView Earnings Details
8/2/2016Q216$0.21$0.25$2.09 billion$2.24 billionViewN/AView Earnings Details
4/28/2016Q116$0.18$0.21$2.15 billion$1.79 billionViewN/AView Earnings Details
2/4/2016Q415$0.21($0.17)$2.17 billion$2.16 billionViewN/AView Earnings Details
10/29/2015Q315$0.22$0.13$2.19 billion$2.10 billionViewListenView Earnings Details
8/4/2015Q215$0.26$0.24$2.39 billion$2.16 billionViewN/AView Earnings Details
4/28/2015Q115$0.26$0.31$2.41 billion$2.33 billionViewN/AView Earnings Details
2/10/2015Q414$0.09($0.84)$2.41 billion$2.42 billionViewN/AView Earnings Details
11/5/2014Q314$0.16($0.64)$205.60 million$2.40 billionViewN/AView Earnings Details
7/29/2014Q214$0.35$0.31$2.36 billion$2.42 billionViewN/AView Earnings Details
4/29/2014Q114$0.36$0.39$2.38 billion$2.32 billionViewN/AView Earnings Details
2/4/2014Q413$0.30$0.38$2.38 billion$2.41 billionViewN/AView Earnings Details
10/29/2013Q313$0.27$0.24$2.39 billion$2.32 billionViewN/AView Earnings Details
7/30/2013Q2 2013$0.28$0.28$2.45 billion$2.37 billionViewN/AView Earnings Details
4/30/2013Q1 2013$0.28$0.21$2.49 billion$2.30 billionViewN/AView Earnings Details
2/5/2013Q4 2012$0.28$0.34$2.57 billion$2.54 billionViewN/AView Earnings Details
10/30/2012$0.19$0.25ViewN/AView Earnings Details
7/31/2012$0.18$0.16ViewN/AView Earnings Details
5/1/2012$0.12$0.09ViewN/AView Earnings Details
2/2/2012$0.19$0.17ViewN/AView Earnings Details
11/3/2011$0.19$0.21ViewN/AView Earnings Details
7/28/2011($0.15)ViewN/AView Earnings Details
5/3/2011$0.21$0.20ViewN/AView Earnings Details
2/2/2011$0.16($0.28)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Genworth Financial (NYSE:GNW)
Current Year EPS Consensus Estimate: $0.96 EPS
Next Year EPS Consensus Estimate: $0.93 EPS

Dividends

Dividend History for Genworth Financial (NYSE:GNW)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Genworth Financial (NYSE:GNW)
Insider Ownership Percentage: 0.26%
Institutional Ownership Percentage: 75.85%
Insider Trades by Quarter for Genworth Financial (NYSE:GNW)
Institutional Ownership by Quarter for Genworth Financial (NYSE:GNW)
Insider Trades by Quarter for Genworth Financial (NYSE:GNW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2015Thomas J McinerneyCEOBuy30,000$5.21$156,300.00View SEC Filing  
8/26/2015James A ParkeDirectorBuy50,000$4.51$225,500.00View SEC Filing  
8/26/2015Michael S LamingEVPBuy25,000$4.50$112,500.00View SEC Filing  
8/24/2015Thomas J McinerneyCEOBuy30,000$4.50$135,000.00View SEC Filing  
8/21/2015Thomas E MoloneyDirectorBuy5,000$4.71$23,550.00View SEC Filing  
8/18/2015Michael S LamingEVPBuy20,000$5.20$104,000.00View SEC Filing  
8/7/2015Martin P KleinCFOBuy15,000$4.99$74,850.00View SEC Filing  
8/7/2015Thomas J McinerneyCEOBuy30,000$5.00$150,000.00View SEC Filing  
3/4/2014Thomas MoloneyDirectorBuy2,000$15.71$31,420.00View SEC Filing  
12/9/2013Martin KleinCFOSell20,000$15.26$305,200.00View SEC Filing  
11/20/2013Kelly GrohVPSell8,916$15.00$133,740.00View SEC Filing  
10/29/2013Kelly L GrohVPSell4,000$14.50$58,000.00View SEC Filing  
10/21/2013Kelly L GrohVPSell8,000$14.00$112,000.00View SEC Filing  
8/6/2013Leon RodaySVPSell30,000$12.93$387,900.00View SEC Filing  
7/23/2013Kelly L GrohVPSell4,000$13.74$54,960.00View SEC Filing  
7/18/2013Kelly L GrohVPSell4,000$13.00$52,000.00View SEC Filing  
7/2/2013Kelly L GrohVPSell4,000$12.00$48,000.00View SEC Filing  
5/7/2013Thomas J McinerneyCEOBuy10,000$10.89$108,900.00View SEC Filing  
5/6/2013Kelly L GrohVPSell10,000$10.61$106,100.00View SEC Filing  
11/5/2012Martin P KleinCEOBuy15,000$6.00$90,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Genworth Financial (NYSE:GNW)
Latest Headlines for Genworth Financial (NYSE:GNW)
Source:
DateHeadline
finance.yahoo.com logoGenworth Financial, Inc. :GNW-US: Earnings Analysis: Q1, 2017 By the Numbers : May 24, 2017
finance.yahoo.com - May 24 at 11:55 AM
finance.yahoo.com logoFirst-Time Homebuyers Deterred from Purchasing By Down Payment Misperceptions, According to Genworth Industry Survey
finance.yahoo.com - May 18 at 9:53 AM
seekingalpha.com logoGenworth: Recalibrating Ahead Of A Potential Close With China Oceanwide
seekingalpha.com - May 16 at 5:26 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 4 at 1:54 PM
finance.yahoo.com logoGenworth Financial (GNW) Q1 Earnings Beat, Revenues Miss - Yahoo Finance
finance.yahoo.com - May 4 at 12:04 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Releases Earnings Results, Beats Expectations By $0.07 EPS
www.americanbankingnews.com - May 4 at 12:22 AM
americanbankingnews.com logoGenworth Financial Inc (GNW) Releases Earnings Results
www.americanbankingnews.com - May 3 at 10:28 PM
americanbankingnews.com logoGenworth Financial (GNW) Given Daily Coverage Optimism Score of 0.23
www.americanbankingnews.com - May 3 at 10:06 PM
finance.yahoo.com logoGenworth Financial (GNW) Q1 Earnings Beat, Revenues Miss
finance.yahoo.com - May 3 at 5:16 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 3 at 1:09 AM
americanbankingnews.com logoGenworth Financial Inc (GNW) Given "Hold" Rating at Wells Fargo & Co
www.americanbankingnews.com - May 3 at 12:24 AM
rttnews.com logoGenworth Financial Inc. Q1 Earnings Rise 39%
www.rttnews.com - May 2 at 7:35 PM
finance.yahoo.com logoGenworth Financial Announces First Quarter 2017 Results
finance.yahoo.com - May 2 at 7:35 PM
marketbeat.com logoGenworth Financial posts 1Q profit
marketbeat.com - May 2 at 5:22 PM
finance.yahoo.com logoCan Genworth (GNW) Spring a Surprise this Earnings Season?
finance.yahoo.com - May 1 at 5:15 PM
finance.yahoo.com logoGenworth Financial Inc. Just Tumbled as Much as 12% -- Here's Why
finance.yahoo.com - May 1 at 5:15 PM
finance.yahoo.com logoInsurance Stocks Q1 Earnings on May 2: AIZ, ALL, GNW, RNR - Yahoo Finance
finance.yahoo.com - May 1 at 12:39 PM
finance.yahoo.com logoCan Genworth (GNW) Spring a Surprise this Earnings Season? - Yahoo Finance
finance.yahoo.com - May 1 at 12:39 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Short Interest Update
www.americanbankingnews.com - May 1 at 7:48 AM
americanbankingnews.com logoGenworth Financial (GNW) Receives Media Impact Score of 0.40
www.americanbankingnews.com - April 30 at 2:23 PM
streetinsider.com logoGenworth Financial (GNW), Oceanwide Re-filed Notice to CFIUS to ... - StreetInsider.com
www.streetinsider.com - April 29 at 6:03 PM
streetinsider.com logoGenworth Financial (GNW), Oceanwide Re-filed Notice to CFIUS to Permit More Time for Review
www.streetinsider.com - April 28 at 6:34 PM
finance.yahoo.com logoGenworth and Oceanwide Provide Update on CFIUS Application
finance.yahoo.com - April 28 at 6:34 PM
finance.yahoo.com logoChina Oceanwide seeks more time for U.S. approval of Genworth deal
finance.yahoo.com - April 28 at 6:34 PM
seekingalpha.com logoGenworth Financial: Attractive Arbitrage Profit Potential - Seeking Alpha
seekingalpha.com - April 28 at 10:35 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Very Likely to Impact Genworth Financial (GNW) Stock Price
www.americanbankingnews.com - April 27 at 9:32 PM
americanbankingnews.com logoGenworth Financial's (GNW) Neutral Rating Reaffirmed at BTIG Research
www.americanbankingnews.com - April 25 at 12:33 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Very Likely to Affect Genworth Financial (GNW) Stock Price
www.americanbankingnews.com - April 24 at 9:52 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Given Neutral Rating at BTIG Research
www.americanbankingnews.com - April 19 at 12:33 PM
finance.yahoo.com logoGenworth Financial to Issue 1st Quarter 2017 Results on May 2, 2017
finance.yahoo.com - April 18 at 5:06 PM
americanbankingnews.com logoGenworth Financial (GNW) Given News Sentiment Rating of 0.28
www.americanbankingnews.com - April 17 at 8:45 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Short Interest Up 25.6% in March
www.americanbankingnews.com - April 16 at 9:24 AM
americanbankingnews.com logoPositive News Coverage Very Likely to Effect Genworth Financial (GNW) Share Price
www.americanbankingnews.com - April 14 at 10:49 PM
americanbankingnews.com logoGenworth Financial Inc (GNW) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 7 at 6:31 PM
finance.yahoo.com logoWe May Be About To See A Big Change In How Long-Term Care Insurance Is Priced
finance.yahoo.com - April 7 at 10:04 AM
seekingalpha.com logoGenworth: So Much Risk, So Little Upside
seekingalpha.com - March 28 at 10:09 PM
americanbankingnews.com logoZacks Investment Research Upgrades Genworth Financial Inc (GNW) to Hold
www.americanbankingnews.com - March 28 at 3:03 PM
moodys.com logoGeneral Repackaging ACES SPC 2007-3 -- Moody's downgrades Genworth long-term care company ratings (IFS to Ba3); remains under review for downgrade
www.moodys.com - March 16 at 6:42 PM
moodys.com logoGeneral Repackaging ACES SPC 2007-7 -- Moody's downgrades Genworth long-term care company ratings (IFS to Ba3); remains under review for downgrade
www.moodys.com - March 10 at 11:40 PM
finance.yahoo.com logoGenworth (GNW) Up 20.7% Since Earnings Report: Can It Continue?
finance.yahoo.com - March 10 at 10:23 AM
finance.yahoo.com logo11:48 am Genworth Financial stockholders adopted previously announced merger agreement with China Oceanwide; continue to expect the transaction to be completed by the middle of 2017
finance.yahoo.com - March 7 at 5:14 PM
biz.yahoo.com logoGENWORTH FINANCIAL INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financi
biz.yahoo.com - March 7 at 5:14 PM
finance.yahoo.com logoGENWORTH FINANCIAL INC Financials
finance.yahoo.com - March 3 at 5:31 PM
finance.yahoo.com logoBroadcast Information For Genworth Financial Special Meeting Of Stockholders
finance.yahoo.com - March 1 at 12:12 PM
us.rd.yahoo.com logoGenworth Completes Statutory Cash Flow Testing For 2016 And Provides New York Regulatory Update For The Proposed China Oceanwide Acquisition Of Genworth
us.rd.yahoo.com - February 27 at 7:02 PM
biz.yahoo.com logoGENWORTH FINANCIAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex
biz.yahoo.com - February 27 at 7:02 PM
biz.yahoo.com logoGENWORTH FINANCIAL INC Files SEC form 8-K, Other Events
biz.yahoo.com - February 24 at 6:48 PM
seekingalpha.com logoGenworth Merger Update - Seeking Alpha
seekingalpha.com - February 22 at 12:55 PM
prnewswire.com logoWeissLaw LLP Files Class Action Lawsuit Against Genworth ... - PR Newswire (press release)
www.prnewswire.com - February 17 at 8:47 AM
finance.yahoo.com logoWeissLaw LLP Files Class Action Lawsuit Against Genworth Financial, Inc.
finance.yahoo.com - February 16 at 5:26 PM

Social

Chart

Genworth Financial (GNW) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff