NYSE:GNW - Genworth Financial Stock Price, News, & Analysis

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$3.83 -0.12 (-3.04 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$3.95
Today's Range$3.83 - $3.96
52-Week Range$2.66 - $5.02
Volume2.75 million shs
Average Volume4.50 million shs
Market Capitalization$1.92 billion
P/E Ratio10.64
Dividend YieldN/A
Beta1.51
Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance and 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 and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment's institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers and employer groups. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

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Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryMulti-line Insurance
SectorFinance
CUSIP37247D10
Phone804-281-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.43 billion
Cash Flow$0.8744 per share
Book Value$28.33 per share

Profitability

Net Income$119 million

Miscellaneous

Employees3,500
Market Cap$1.92 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Genworth Financial (NYSE:GNW) Frequently Asked Questions

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) posted its earnings results on Tuesday, February, 5th. The financial services provider reported ($0.58) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.84. The financial services provider earned $2.01 billion during the quarter, compared to analyst estimates of $2.11 billion. Genworth Financial had a net margin of 1.41% and a return on equity of 1.23%. The business's revenue for the quarter was up 19.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. View Genworth Financial's Earnings History.

When is Genworth Financial's next earnings date?

Genworth Financial is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Genworth Financial.

What price target have analysts set for GNW?

3 brokers have issued 1 year price targets for Genworth Financial's shares. Their predictions range from $5.00 to $5.00. On average, they anticipate Genworth Financial's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price. View Analyst Price Targets for Genworth Financial.

What is the consensus analysts' recommendation for Genworth Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genworth Financial in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genworth Financial.

What are Wall Street 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 Financial’s has agreed to be acquired by China Oceanwide. This merger will firm up Genworth’s financial position in the mortgage and long-term care insurance markets. Also, the company will remain committed to its key financial priorities of strengthening the balance sheet as well as stabilizing and improving ratings over time, particularly in its U.S. Mortgage Insurance (MI) business. It deepens focus on streamlining and rationalizing its business to mainly ramp up operations plus boost financial and strategic flexibilities. However, a soft performance at Long term care insurance remains a woe. Shares of Genworth have underperformed the industry year to date." (3/5/2019)
  • 2. BTIG Research analysts commented, "Financial’s (GNW) deal to be acquired by $5.43 per share in cash had been viewed as a binary event featuring two key hurdles: approvals from both the States (CFIUS) and the Insurance (DDOI). One of which was removed when the Genworth stated in a press release on Saturday that CFIUS had completed its review of the proposed transaction and concluded that there are no unresolved national security concerns." (6/12/2018)

Has Genworth Financial been receiving favorable news coverage?

News coverage about GNW stock has trended neutral on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Genworth Financial earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days.

Are investors shorting Genworth Financial?

Genworth Financial saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 24,778,137 shares, an increase of 13.3% from the February 15th total of 21,864,078 shares. Based on an average trading volume of 6,485,451 shares, the days-to-cover ratio is presently 3.8 days. Currently, 5.0% of the shares of the stock are short sold. View Genworth Financial's Current Options Chain.

Who are some of Genworth Financial's key competitors?

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), Micron Technology (MU), Bank of America (BAC), Chesapeake Energy (CHK), Blackstone Group (BX), Ford Motor (F), Citigroup (C), DryShips (DRYS), Mallinckrodt (MNK) and Bausch Health Companies (BHC).

Who are Genworth Financial's key executives?

Genworth Financial's management team includes the folowing people:
  • Mr. Thomas Joseph McInerney, Pres, CEO & Director (Age 62)
  • Ms. Kelly Lee Groh, Exec. VP & CFO (Age 50)
  • Mr. Kevin Douglas Schneider, Exec. VP & COO (Age 57)
  • Mr. Daniel Joseph Sheehan IV, CFA, Chief Investment Officer & Exec. VP (Age 53)
  • Mr. Ward Edward Bobitz, Exec. VP & Gen. Counsel (Age 54)

Who are Genworth Financial's major shareholders?

Genworth Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.72%), FMR LLC (3.22%), Dimensional Fund Advisors LP (2.15%), Northern Trust Corp (1.58%), Norges Bank (1.40%) and Shah Capital Management (1.27%). View Institutional Ownership Trends for Genworth Financial.

Which major investors are selling Genworth Financial stock?

GNW stock was sold by a variety of institutional investors in the last quarter, including OMERS ADMINISTRATION Corp, Bank of New York Mellon Corp, State of New Jersey Common Pension Fund D, Mackay Shields LLC, Prudential Financial Inc., River Road Asset Management LLC, Eqis Capital Management Inc. and Legal & General Group Plc. View Insider Buying and Selling for Genworth Financial.

Which major investors are buying Genworth Financial stock?

GNW stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, First Manhattan Co., BlackRock Inc., Litespeed Management L.L.C., P Schoenfeld Asset Management LP, D. E. Shaw & Co. Inc., Oregon Public Employees Retirement Fund and FMR LLC. View Insider Buying and Selling for Genworth Financial.

How do I buy shares of Genworth Financial?

Shares of GNW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Genworth Financial's stock price today?

One share of GNW stock can currently be purchased for approximately $3.83.

How big of a company is Genworth Financial?

Genworth Financial has a market capitalization of $1.92 billion and generates $8.43 billion in revenue each year. The financial services provider earns $119 million in net income (profit) each year or $0.36 on an earnings per share basis. Genworth Financial employs 3,500 workers across the globe.

What is Genworth Financial's official website?

The official website for Genworth Financial is http://www.genworth.com.

How can I contact Genworth Financial?

Genworth Financial's mailing address is 6620 WEST BROAD STREET, RICHMOND VA, 23230. The financial services provider can be reached via phone at 804-281-6000 or via email at [email protected]


MarketBeat Community Rating for Genworth Financial (NYSE GNW)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  369 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  849
MarketBeat's community ratings are surveys of what our community members think about Genworth Financial and other stocks. Vote "Outperform" if you believe GNW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GNW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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