Genworth Financial (GNW) Stock Forecast, Price & News

Genworth Financial's stock was trading at $5.29 at the start of the year. Since then, GNW stock has increased by 11.9% and is now trading at $5.92.
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Genworth Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,030,000 shares, an increase of 8.2% from the August 15th total of 7,420,000 shares. Based on an average trading volume of 2,810,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.8% of the company's shares are short sold.
View Genworth Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our GNW earnings forecast.

Genworth Financial, Inc. (NYSE:GNW) issued its earnings results on Tuesday, August, 8th. The financial services provider reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.01. The financial services provider earned $1.89 billion during the quarter. Genworth Financial had a net margin of 6.39% and a trailing twelve-month return on equity of 5.31%. During the same period in the previous year, the company earned $0.35 earnings per share.

ETFs with the largest weight of Genworth Financial (NYSE:GNW) stock in their portfolio include SPDR S&P Insurance ETF (KIE), Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Financials ETF (PSCF), Royce Quant Small-Cap Quality Value ETF (SQLV) and First Trust Small Cap Value AlphaDEX Fund (FYT).

Genworth Financial updated its second quarter earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $0.18 for the period, compared to the consensus EPS estimate of $0.20.

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.

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).

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

Genworth Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.57%), Dimensional Fund Advisors LP (6.08%), State Street Corp (4.45%), River Road Asset Management LLC (3.77%), Donald Smith & CO. Inc. (3.59%) and Geode Capital Management LLC (1.98%). Insiders that own company stock include Daniel J Iv Sheehan, Robert P Restrepo Jr, Rohit Gupta and Thomas J Mcinerney.
View institutional ownership trends.

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.
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One share of GNW stock can currently be purchased for approximately $5.92.

Genworth Financial (NYSE:GNW) has a market capitalization of $2.74 billion and generates $7.51 billion in revenue each year. The financial services provider earns $609 million in net income (profit) each year or $0.96 on an earnings per share basis.

The company employs 2,500 workers across the globe.

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.