Genworth 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: $1.91172 billion
- Outstanding Shares: 499,143,000
Average Prices:- 50 Day Moving Avg: $3.55
- 200 Day Moving Avg: $3.72
- 52 Week Range: $3.23 - $5.27
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 4.79
- P/E Growth: 0.78
Sales & Book Value:- Annual Revenue: $8.74 billion
- Price / Sales: 0.22
- Book Value: $26.09 per share
- Price / Book: 0.15
Profitability:- EBIDTA: $852 million
- Net Margins: -1.66%
- Return on Equity: -1.63%
- Return on Assets: -0.23%
Debt:- Debt-to-Equity Ratio: 0.28%
- Current Ratio: 0.28%
- Quick Ratio: 0.28%
Misc:- Average Volume: 4.43 million shs.
- Beta: 2.66
- Short Ratio: 3.05
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) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.08. The company earned $2.22 billion during the quarter, compared to the consensus estimate of $2.14 billion. Genworth Financial had a negative net margin of 1.66% and a negative return on equity of 1.63%. Genworth Financial's revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 earnings per share. View Genworth Financial's Earnings History.
When will Genworth Financial make its next earnings announcement?
Where is Genworth Financial's stock going? Where will Genworth Financial's stock price be in 2017?
5 brokers have issued 1 year price objectives for Genworth Financial's stock. Their forecasts range from $4.00 to $5.00. On average, they anticipate Genworth Financial's stock price to reach $4.36 in the next year. 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 has agreed to be acquired by China Oceanwide. The merger will consolidate Genworth’s financial position in the mortgage insurance and long term care insurance markets. Also, Genworth 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. The company is intensifying focus on streamlining and rationalizing business to mainly improve performance, enhance financial and strategic flexibility. Moreover, the company saw its 2017 and 2018 estimates moving north over the last 60 days. 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. Also, shares of Genworth underperformed the industry year to date." (9/5/2017)
- 2. Wells Fargo & Company 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)
Who are some of Genworth Financial's key competitors?
Some companies that are related to Genworth Financial include Primerica (PRI), American Equity Investment Life Holding Company (AEL), Fidelity and Guaranty Life (FGL), FBL Financial Group (FFG), National Western Life Group (NWLI), AMERISAFE (AMSF), Emergent Capital (IFT), Hansard Global plc (HSD), Atlantic American Corporation (AAME), AMP Limited (AMP), Aviva Plc (AV) and The Phoenix Companies (PNX).
Who owns Genworth Financial stock?
Genworth Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.78%), Vanguard Group Inc. (8.37%), State Street Corp (4.59%), FMR LLC (3.54%), Dimensional Fund Advisors LP (2.52%) and Southpoint Capital Advisors LP (2.00%). 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 Pzena Investment Management LLC, Alpine Associates Management Inc., California Public Employees Retirement System, JPMorgan Chase & Co., Cobalt Capital Management Inc., Great West Life Assurance Co. Can, Royal Bank of Canada 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 bought by a variety of institutional investors in the last quarter, including Southpoint Capital Advisors LP, CNH Partners LLC, Vanguard Group Inc., Crescent Grove Advisors LLC, Capital Returns Management LLC, Eqis Capital Management Inc., FMR LLC and Aberdeen Asset Management PLC UK. 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.
What is Genworth Financial's stock price today?
One share of Genworth Financial stock can currently be purchased for approximately $3.83.
MarketBeat Community Rating for Genworth Financial (NYSE GNW)MarketBeat's community ratings are surveys of what our community members think about Genworth Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Genworth Financial (NYSE:GNW) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.40) |
| Consensus Price Target: | $4.36 (13.93% upside) |
Analysts' Ratings History for Genworth Financial (NYSE:GNW)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/16/2017 | BTIG Research | Reiterated Rating | Neutral | | Low |  |
| 9/11/2017 | Off Wall Street | Initiated Coverage | Buy | | Low | |
| 8/1/2017 | Wells Fargo & Company | Reiterated Rating | Hold | | High | |
| 11/11/2016 | Compass Point | Upgrade | Neutral -> Buy | $4.00 -> $4.09 | N/A | |
| 9/23/2016 | Goldman Sachs Group, Inc. (The) | Boost Price Target | Neutral | $3.00 -> $4.00 | N/A | |
| 9/5/2016 | Keefe, Bruyette & Woods | Reiterated Rating | Market Perform | $3.50 | N/A | |
| 8/3/2016 | Morgan Stanley | Reiterated Rating | Neutral | | N/A | |
| 8/3/2016 | J P Morgan Chase & Co | Reiterated Rating | Hold | | N/A | |
| 11/2/2015 | Raymond James Financial, Inc. | Lower Price Target | | $9.50 -> $9.00 | N/A | |
(Data available from 9/22/2015 forward)
Earnings History for Genworth Financial (NYSE:GNW)Earnings History by Quarter for Genworth Financial (NYSE GNW)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 8/1/2017 | 6/30/2017 | $0.22 | $0.30 | $2.14 billion | $2.22 billion | View | N/A | |
| 5/2/2017 | Q1 2017 | $0.22 | $0.29 | $2.15 billion | $2.14 billion | View | N/A | |
| 2/7/2017 | Q4 2016 | $0.20 | ($0.27) | $2.13 billion | $2.20 billion | View | N/A | |
| 11/3/2016 | Q316 | $0.22 | ($0.81) | $2.15 billion | $2.15 billion | View | N/A | |
| 8/2/2016 | Q216 | $0.21 | $0.25 | $2.09 billion | $2.24 billion | View | N/A | |
| 4/28/2016 | Q116 | $0.18 | $0.21 | $2.15 billion | $1.79 billion | View | N/A | |
| 2/4/2016 | Q415 | $0.21 | ($0.17) | $2.17 billion | $2.16 billion | View | N/A | |
| 10/29/2015 | Q315 | $0.22 | $0.13 | $2.19 billion | $2.10 billion | View | Listen | |
| 8/4/2015 | Q215 | $0.26 | $0.24 | $2.39 billion | $2.16 billion | View | N/A | |
| 4/28/2015 | Q115 | $0.26 | $0.31 | $2.41 billion | $2.33 billion | View | N/A | |
| 2/10/2015 | Q414 | $0.09 | ($0.84) | $2.41 billion | $2.42 billion | View | N/A | |
| 11/5/2014 | Q314 | $0.16 | ($0.64) | $205.60 million | $2.40 billion | View | N/A | |
| 7/29/2014 | Q214 | $0.35 | $0.31 | $2.36 billion | $2.42 billion | View | N/A | |
| 4/29/2014 | Q114 | $0.36 | $0.39 | $2.38 billion | $2.32 billion | View | N/A | |
| 2/4/2014 | Q413 | $0.30 | $0.38 | $2.38 billion | $2.41 billion | View | N/A | |
| 10/29/2013 | Q313 | $0.27 | $0.24 | $2.39 billion | $2.32 billion | View | N/A | |
| 7/30/2013 | Q2 2013 | $0.28 | $0.28 | $2.45 billion | $2.37 billion | View | N/A | |
| 4/30/2013 | Q1 2013 | $0.28 | $0.21 | $2.49 billion | $2.30 billion | View | N/A | |
| 2/5/2013 | Q4 2012 | $0.28 | $0.34 | $2.57 billion | $2.54 billion | View | N/A | |
| 10/30/2012 | | $0.19 | $0.25 | | | View | N/A | |
| 7/31/2012 | | $0.18 | $0.16 | | | View | N/A | |
| 5/1/2012 | | $0.12 | $0.09 | | | View | N/A | |
| 2/2/2012 | | $0.19 | $0.17 | | | View | N/A | |
| 11/3/2011 | | $0.19 | $0.21 | | | View | N/A | |
| 7/28/2011 | | | ($0.15) | | | View | N/A | |
| 5/3/2011 | | $0.21 | $0.20 | | | View | N/A | |
| 2/2/2011 | | $0.16 | ($0.28) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Genworth Financial (NYSE:GNW)Current Year EPS Consensus Estimate: $0.99 EPS
Next Year EPS Consensus Estimate: $0.8 EPS
Dividend History for Genworth Financial (NYSE:GNW)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Genworth Financial (NYSE:GNW)Insider Ownership Percentage: 0.26%
Institutional Ownership Percentage: 67.59%
Insider Trades by Quarter for Genworth Financial (NYSE:GNW)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/31/2015 | Thomas J Mcinerney | CEO | Buy | 30,000 | $5.21 | $156,300.00 | |
| 8/26/2015 | James A Parke | Director | Buy | 50,000 | $4.51 | $225,500.00 | |
| 8/26/2015 | Michael S Laming | EVP | Buy | 25,000 | $4.50 | $112,500.00 | |
| 8/24/2015 | Thomas J Mcinerney | CEO | Buy | 30,000 | $4.50 | $135,000.00 | |
| 8/21/2015 | Thomas E Moloney | Director | Buy | 5,000 | $4.71 | $23,550.00 | |
| 8/18/2015 | Michael S Laming | EVP | Buy | 20,000 | $5.20 | $104,000.00 | |
| 8/7/2015 | Martin P Klein | CFO | Buy | 15,000 | $4.99 | $74,850.00 | |
| 8/7/2015 | Thomas J Mcinerney | CEO | Buy | 30,000 | $5.00 | $150,000.00 | |
| 3/4/2014 | Thomas Moloney | Director | Buy | 2,000 | $15.71 | $31,420.00 | |
| 12/9/2013 | Martin Klein | CFO | Sell | 20,000 | $15.26 | $305,200.00 | |
| 11/20/2013 | Kelly Groh | VP | Sell | 8,916 | $15.00 | $133,740.00 | |
| 10/29/2013 | Kelly L Groh | VP | Sell | 4,000 | $14.50 | $58,000.00 | |
| 10/21/2013 | Kelly L Groh | VP | Sell | 8,000 | $14.00 | $112,000.00 | |
| 8/6/2013 | Leon Roday | SVP | Sell | 30,000 | $12.93 | $387,900.00 | |
| 7/23/2013 | Kelly L Groh | VP | Sell | 4,000 | $13.74 | $54,960.00 | |
| 7/18/2013 | Kelly L Groh | VP | Sell | 4,000 | $13.00 | $52,000.00 | |
| 7/2/2013 | Kelly L Groh | VP | Sell | 4,000 | $12.00 | $48,000.00 | |
| 5/7/2013 | Thomas J Mcinerney | CEO | Buy | 10,000 | $10.89 | $108,900.00 | |
| 5/6/2013 | Kelly L Groh | VP | Sell | 10,000 | $10.61 | $106,100.00 | |
| 11/5/2012 | Martin P Klein | CEO | Buy | 15,000 | $6.00 | $90,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Genworth Financial (NYSE:GNW)
Latest Headlines for Genworth Financial (NYSE:GNW)
| Source: |
|
| Date | Headline |
|---|
 | China's Oceanwide hopes to close Genworth deal by year's end - Reuters
www.reuters.com - September 20 at 5:24 AM |
| China's Oceanwide hopes to close Genworth deal by year end - Reuters
www.reuters.com - September 19 at 7:12 PM |
 | China's Oceanwide hopes to close Genworth deal by year's end
finance.yahoo.com - September 19 at 7:11 PM |
| Company News for Sep 18, 2017
finance.yahoo.com - September 18 at 6:43 PM |
 | Atlantic American Corporation (AAME) and Genworth Financial (GNW) Critical Comparison
www.americanbankingnews.com - September 18 at 9:00 AM |
| BTIG Research Reaffirms "Neutral" Rating for Genworth Financial Inc (GNW)
www.americanbankingnews.com - September 16 at 8:20 AM |
 | 3 Stocks to Watch on Friday: Aspen Group Inc (ASPU), Genworth Financial Inc (GNW) and Oracle Corporation (ORCL) - Investorplace.com
investorplace.com - September 15 at 7:50 PM |
 | Genworth Financial (GNW) Says Virginia Regulator Approves ... - StreetInsider.com
www.streetinsider.com - September 15 at 6:01 AM |
| Genworth Financial (GNW) Says Virginia Regulator Approves Proposed Oceanwide Acquisition of its Virginia Companies
www.streetinsider.com - September 14 at 7:52 PM |
| Genworth Financial (GNW) in Focus: Stock Moves 6.7% Higher
finance.yahoo.com - September 13 at 1:07 AM |
| Off Wall Street Initiates Coverage on Genworth Financial Inc (GNW)
www.americanbankingnews.com - September 11 at 11:22 AM |
| Genworth Financial (GNW) versus AMERISAFE (AMSF) Critical Contrast
www.americanbankingnews.com - September 8 at 2:48 PM |
| Genworth Financial Inc (GNW) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 7 at 2:46 AM |
| Genworth Financial, Inc. breached its 50 day moving average in a Bullish Manner : GNW-US : September 5, 2017
finance.yahoo.com - September 6 at 1:56 AM |
| ETFs with exposure to Genworth Financial, Inc. : September 6, 2017
finance.yahoo.com - September 6 at 1:56 AM |
| Genworth Financial Inc (GNW) Upgraded at Zacks Investment Research
www.americanbankingnews.com - September 5 at 1:32 PM |
| Genworth Financial Inc (GNW) Rating Increased to Hold at ValuEngine
www.americanbankingnews.com - September 3 at 10:56 AM |
 | Jim Cramer Shares His Thoughts On Genworth Financial, AeroVironment And Bristol-Myers Squibb
www.benzinga.com - August 31 at 7:05 PM |
| Traders Purchase Large Volume of Genworth Financial Call Options (GNW)
www.americanbankingnews.com - August 27 at 3:12 AM |
 | Genworth Merger Update: Merger On Track - Seeking Alpha
seekingalpha.com - August 26 at 6:25 PM |
 | Noteworthy Thursday Option Activity: GME, GNW, VLO - Nasdaq
www.nasdaq.com - August 26 at 3:35 AM |
| ETFs with exposure to Genworth Financial, Inc. : August 25, 2017
finance.yahoo.com - August 26 at 3:35 AM |
| Genworth: Deal Risk Can Work In Your Favor - Seeking Alpha
seekingalpha.com - August 24 at 6:54 AM |
| Genworth Financial Inc (GNW) Lowered to Strong Sell at BidaskClub
www.americanbankingnews.com - August 16 at 10:56 PM |
| Genworth Financial, Inc. :GNW-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 16 at 7:15 PM |
| Genworth Financial Inc (NYSE:GNW) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 13 at 2:40 AM |
| IHS Markit Score Update: Rise in demand for ETFs holding Genworth Financial Inc is a positive for its shares
finance.yahoo.com - August 11 at 7:34 PM |
| See what the IHS Markit Score report has to say about Genworth Financial Inc.
finance.yahoo.com - August 9 at 7:23 PM |
| Genworth Financial, Inc. breached its 50 day moving average in a Bullish Manner : GNW-US : August 9, 2017
finance.yahoo.com - August 9 at 7:23 PM |
| Genworth Financial (GNW) Q2 Earnings Beat, Revenues Miss - Nasdaq
www.nasdaq.com - August 3 at 9:13 PM |
| Genworth Financial Inc (NYSE:GNW) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS
www.americanbankingnews.com - August 2 at 7:48 PM |
| Genworth Financial (GNW) Q2 Earnings Beat, Revenues Miss
finance.yahoo.com - August 2 at 3:56 PM |
| Genworth Financial Q2 Profit Rises
www.nasdaq.com - August 2 at 5:46 AM |
 | Genworth shares rally on earnings beat - MarketWatch
www.marketwatch.com - August 2 at 12:44 AM |
| Genworth Financial Announces Second Quarter 2017 Results
finance.yahoo.com - August 1 at 7:44 PM |
| Genworth shares rally on earnings beat
finance.yahoo.com - August 1 at 7:44 PM |
| Genworth Financial posts 2Q profit
finance.yahoo.com - August 1 at 7:44 PM |
| Genworth Financial Inc (GNW) Downgraded to "Strong Sell" at BidaskClub
www.americanbankingnews.com - July 29 at 4:48 PM |
| Genworth Financial Inc (GNW) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - July 27 at 11:32 AM |
| US regulatory scrutiny scuppers deal for unit of China's HNA - Reuters
www.reuters.com - July 26 at 7:45 PM |
| US regulatory scrutiny scuppers deal for unit of China's HNA - Nasdaq
www.nasdaq.com - July 26 at 5:27 AM |
| ETFs with exposure to Genworth Financial, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 9:03 PM |
| RPT-EXCLUSIVE-US toughens stance on foreign deals in blow to China's buying spree - Nasdaq
www.nasdaq.com - July 21 at 2:59 AM |
| Genworth Financial to Issue 2nd Quarter 2017 Results on August 1, 2017
finance.yahoo.com - July 19 at 7:51 PM |
| Genworth Financial Inc (NYSE:GNW) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 19 at 10:23 AM |
| Genworth Financial (GNW), Oceanwide Provide Update on CFIUS Application and Completed Reinsurance Agreements
www.streetinsider.com - July 14 at 8:07 PM |
| ETFs with exposure to Genworth Financial, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 8:07 PM |
| Genworth and Oceanwide Provide Update on CFIUS Application and Completed Reinsurance Agreements Related to the Proposed Transaction
finance.yahoo.com - July 14 at 2:18 AM |
| Head to Head Contrast: Genworth Financial (GNW) versus FBL Financial Group (FFG)
www.americanbankingnews.com - July 13 at 8:09 AM |
| Add Up The Parts: JKL Could Be Worth $153
www.nasdaq.com - July 9 at 5:28 AM |
Genworth Financial (GNW) Chart for Friday, September, 22, 2017
