NYSE:GNW

Genworth Financial (GNW) Stock Forecast, Price & News

$5.84

+0.29 (+5.23%)

(As of 06/7/2023 ET)

Compare

Today's Range: $5.57
▼
$5.85
50-Day Range: $4.73
▼
$6.20
52-Week Range: $3.43
▼
$6.40

Volume: 5.10 million shs
Average Volume: 3.04 million shs
Market Capitalization: $2.79 billion

P/E Ratio: 5.73
Dividend Yield: N/A
Price Target: N/A

Genworth Financial MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
3.15% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.81
Upright™ Environmental Score
News Sentiment: 1.11
Based on 2 Articles This Week
Insider Trading: Selling Shares
$690,000 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

Finance Sector

650th out of 858 stocks

Life Insurance Industry

16th out of 20 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Genworth Financial.

3.0

Short Interest

Percentage of Shares Shorted
3.15% of the float of Genworth Financial has been sold short.
Short Interest Ratio / Days to Cover
Genworth Financial has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Genworth Financial has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Genworth Financial does not currently pay a dividend.
Dividend Growth
Genworth Financial does not have a long track record of dividend growth.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Genworth Financial has received a 9.17% net impact score from Upright. Genworth Financial seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Nutrition". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Private mortgage insurances", "Insurance underwriting services", and "Life annuities" products. See details.
Environmental Sustainability
The Environmental Impact score for Genworth Financial is -0.81.

2.3

News and Social Media Coverage

News Sentiment
Genworth Financial has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Genworth Financial this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for GNW on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Genworth Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $690,000.00 in company stock.
Percentage Held by Insiders
Only 0.99% of the stock of Genworth Financial is held by insiders.
Percentage Held by Institutions
75.91% of the stock of Genworth Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Genworth Financial is 5.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Genworth Financial is 5.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.14.
Price to Book Value per Share Ratio
Genworth Financial has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Genworth Financial (NYSE:GNW) Stock

Genworth Financial, Inc. is a financial services company, which engages in the provision of insurance, wealth management, investment and financial solutions. It operates through the following segments: U.S. Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans. The Australia Mortgage Insurance segment offers flow mortgage insurance and selectively provides bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes the results of non-strategic products which are no longer actively sold but continue to service its existing blocks of business. Its non-strategic products primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance and other accident and health insurance products. The company was fo

Receive GNW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Genworth Financial and its competitors with MarketBeat's FREE daily newsletter.

GNW Stock News Headlines

May 31, 2023 | americanbankingnews.com

Genworth Financial, Inc. (NYSE:GNW) Short Interest Update

May 26, 2023 | americanbankingnews.com

Genworth Financial, Inc. (NYSE:GNW) CEO Thomas J. Mcinerney Sells 125,000 Shares

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

May 13, 2023 | msn.com

First Citizens Bancshares tops week's financial gainers, while PayPal falls the most

May 6, 2023 | americanbankingnews.com

Genworth Financial (NYSE:GNW) Stock Price Down 12.8% Following Weak Earnings

May 5, 2023 | finance.yahoo.com

Q1 2023 Genworth Financial Inc Earnings Call

May 4, 2023 | finance.yahoo.com

Genworth Financial (GNW) Q1 2023 Earnings Call Transcript

May 4, 2023 | finance.yahoo.com

Why Genworth Financial Stock Was Dropping Today

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

May 4, 2023 | seekingalpha.com

Genworth Financial, Inc. (GNW) Q1 2023 Earnings Call Transcript

May 4, 2023 | seekingalpha.com

Genworth Financial, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 3, 2023 | markets.businessinsider.com

Genworth Financial Inc. Bottom Line Falls In Q1

May 3, 2023 | finance.yahoo.com

Genworth Financial Announces First Quarter 2023 Results

May 2, 2023 | markets.businessinsider.com

Genworth Financial earnings preview: what to expect

May 1, 2023 | americanbankingnews.com

Genworth Financial (GNW) to Release Earnings on Wednesday

April 6, 2023 | finance.yahoo.com

Genworth Financial Schedules Earnings Conference Call for May 4

March 31, 2023 | insidermonkey.com

5 Cheap Penny Stocks to Buy According to Hedge Funds

March 28, 2023 | marketwatch.com

Prudential Financial Inc. stock remains steady Tuesday, still outperforms market

March 27, 2023 | finance.yahoo.com

Top Penny Stocks for Q2 2023

March 23, 2023 | seekingalpha.com

Genworth Financial: Heading Towards A Positive Trajectory

March 23, 2023 | seekingalpha.com

Genworth Financial: Trading At A Substantial Discount

March 19, 2023 | nasdaq.com

Genworth Financial is Now Oversold (GNW)

March 6, 2023 | benzinga.com

Short Volatility Alert: Genworth Financial

March 1, 2023 | benzinga.com

Genworth Financial Receives Ratings Upgrade from Moody's

March 1, 2023 | finance.yahoo.com

Genworth Financial Receives Ratings Upgrade from Moody’s

February 28, 2023 | finance.yahoo.com

Top Penny Stocks for March 2023

February 16, 2023 | finance.yahoo.com

Genworth Financial Receives Ratings Upgrades from S&P Global

See More Headlines

GNW Price History

30 days | 90 days | 365 days | Advanced Chart

GNW Company Calendar

Last Earnings: 5/03/2023
Today: 6/07/2023
Next Earnings (Estimated): 8/07/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Life insurance
Sub-Industry: Multi-line Insurance
Sector: Finance
Current Symbol: NYSE:GNW
CUSIP: 37247D10
CIK: 1276520
Web: www.genworth.com
Phone: (804) 281-6000
Fax: N/A
Employees: 2,500
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.02
Trailing P/E Ratio: 5.73
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $609 million
Net Margins: 6.99%
Pretax Margin: 10.98%
Return on Equity: 5.64%
Return on Assets: 0.66%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 0.29
Quick Ratio: 0.29

Sales & Book Value

Annual Sales: $7.51 billion
Price / Sales: 0.37
Cash Flow: $1.72 per share
Price / Cash Flow: 3.40
Book Value: $21.64 per share
Price / Book: 0.27

Miscellaneous

Outstanding Shares: 477,950,000
Free Float: 473,223,000
Market Cap: $2.79 billion
Optionable: Optionable
Beta: 1.02

Key Executives

Thomas J. McInerney
President, Chief Executive Officer & Director

Jerome T. Upton
Chief Financial Officer & Executive Vice President

Gregory S. Karawan
Executive Vice President & General Counsel

Melissa Hagerman
Chief Human Resources Officer & Executive VP

Mark Blakeley Hodges
Chief Risk Officer & Executive Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GNW Stock - Frequently Asked Questions

How have GNW shares performed in 2023?: Genworth Financial's stock was trading at $5.29 at the beginning of 2023. Since then, GNW stock has increased by 10.4% and is now trading at $5.84.
View the best growth stocks for 2023 here.
Are investors shorting Genworth Financial?: Genworth Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 14,850,000 shares, an increase of 13.3% from the April 30th total of 13,110,000 shares. Based on an average daily trading volume, of 4,170,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.2% of the company's stock are sold short.
View Genworth Financial's Short Interest.
When is Genworth Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our GNW earnings forecast.
How were Genworth Financial's earnings last quarter?: Genworth Financial, Inc. (NYSE:GNW) released its quarterly earnings results on Wednesday, May, 3rd. The financial services provider reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.03. The financial services provider earned $1.85 billion during the quarter. Genworth Financial had a trailing twelve-month return on equity of 5.64% and a net margin of 6.99%. During the same period in the prior year, the firm earned $0.29 EPS.
What ETFs hold Genworth Financial's stock?: ETFs with the largest weight of Genworth Financial (NYSE:GNW) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Value with Momentum ETF (XSVM), SPDR S&P Insurance ETF (KIE), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Financials ETF (PSCF), Royce Quant Small-Cap Quality Value ETF (SQLV) and Rayliant Quantitative Developed Market Equity ETF (RAYD).
What is Thomas McInerney's approval rating as Genworth Financial's CEO?: 216 employees have rated Genworth Financial Chief Executive Officer Thomas McInerney on Glassdoor.com. Thomas McInerney has an approval rating of 69% among the company's employees.

What other stocks do shareholders of Genworth Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Genworth Financial investors own include General Electric (GE), Ford Motor (F), Bank of America (BAC), Citigroup (C), Intel (INTC), TETRA Technologies (TTI), Gilead Sciences (GILD), AT&T (T), Chevron (CVX) and JPMorgan Chase & Co. (JPM).
What is Genworth Financial's stock symbol?: Genworth Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNW."
Who are Genworth Financial's major shareholders?: Genworth Financial's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.85%), Dimensional Fund Advisors LP (5.83%), State Street Corp (4.32%), River Road Asset Management LLC (3.62%), Donald Smith & CO. Inc. (3.52%) and Geode Capital Management LLC (1.95%). Insiders that own company stock include Daniel J Iv Sheehan, Robert P Restrepo Jr, Rohit Gupta and Thomas J Mcinerney.
View institutional ownership trends.
How do I buy shares of Genworth Financial?: Shares of GNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Genworth Financial's stock price today?: One share of GNW stock can currently be purchased for approximately $5.84.
How much money does Genworth Financial make?: Genworth Financial (NYSE:GNW) has a market capitalization of $2.79 billion and generates $7.51 billion in revenue each year. The financial services provider earns $609 million in net income (profit) each year or $1.02 on an earnings per share basis.
How many employees does Genworth Financial have?: The company employs 2,500 workers across the globe.
How can I contact Genworth Financial?: Genworth Financial's mailing address is 6620 WEST BROAD STREET, RICHMOND VA, 23230. The official website for the company is www.genworth.com. The financial services provider can be reached via phone at (804) 281-6000 or via email at investorinfo@genworth.com.

This page (NYSE:GNW) was last updated on 6/8/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial