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Voya Financial (VOYA) Stock Price, News & Analysis

$74.09
+1.09 (+1.49%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$72.33
$74.21
50-Day Range
$67.17
$74.88
52-Week Range
$63.02
$77.00
Volume
688,000 shs
Average Volume
862,805 shs
Market Capitalization
$7.46 billion
P/E Ratio
10.52
Dividend Yield
2.16%
Price Target
$83.44

Voya Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
12.6% Upside
$83.44 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
1.13mentions of Voya Financial in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.37%
From $8.53 to $9.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Finance Sector

14th out of 865 stocks

Life Insurance Industry

3rd out of 20 stocks

VOYA stock logo

About Voya Financial Stock (NYSE:VOYA)

Voya Financial, Inc. engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. The segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional and individual customers. The Health Solutions segment offers various insurance products comprising stop loss, group life, group disability, whole life, critical illness, accident, and hospital indemnity insurance. The segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors and institutional clients through its direct sales force, consultant channel, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.

VOYA Stock Price History

VOYA Stock News Headlines

The Analyst Verdict: Voya Financial In The Eyes Of 5 Experts
Q1 2024 Voya Financial Inc Earnings Call
Voya: Q1 Earnings Snapshot
Voya Financial announces first-quarter 2024 results
Truist Financial Keeps Their Hold Rating on Voya Financial (VOYA)
Big Bets on Fed Rate Cuts Look Like Fantasies
Piper Sandler raises Voya Financial stock target
See More Headlines
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Company Calendar

Ex-Dividend for 3/27 Dividend
2/23/2024
Dividend Payable
3/27/2024
Last Earnings
4/30/2024
Ex-Dividend for 6/26 Dividend
5/24/2024
Today
5/26/2024
Dividend Payable
6/26/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
N/A
Fax
N/A
Employees
9,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$83.44
High Stock Price Target
$92.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+12.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$625 million
Pretax Margin
10.89%

Debt

Sales & Book Value

Annual Sales
$7.35 billion
Cash Flow
$8.70 per share
Book Value
$56.57 per share

Miscellaneous

Free Float
99,321,000
Market Cap
$7.46 billion
Optionable
Optionable
Beta
1.06
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Key Executives

  • Ms. Heather Hamilton Lavallee (Age 54)
    President, CEO & Director
    Comp: $2.78M
  • Mr. Donald C. Templin (Age 61)
    Executive VP & CFO
    Comp: $2.12M
  • Mr. Robert Lawrence Grubka (Age 54)
    Chief Executive Officer of Workplace Solutions
    Comp: $2.32M
  • Tony Donghui Oh
    Chief Accounting Officer & Corporate Controller
  • Mr. Santhosh  KeshavanMr. Santhosh Keshavan (Age 50)
    Executive VP & Chief Information Officer
  • Ms. My Chi To (Age 51)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • William M. Welch II
    Chief Compliance and Ethics Officer
  • Mr. Paul J. Gennaro Jr.
    Chief Communications Officer & Senior VP of Corporate Communications
  • Mr. Brannigan Thompson (Age 47)
    Executive VP & Chief Human Resources Officer
  • Mr. Trevor Ogle (Age 47)
    Executive VP and Chief Strategy, M&A & Corporate Transactions Officer

VOYA Stock Analysis - Frequently Asked Questions

Should I buy or sell Voya Financial stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Voya Financial in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VOYA shares.
View VOYA analyst ratings
or view top-rated stocks.

What is Voya Financial's stock price target for 2024?

9 brokers have issued 12-month price targets for Voya Financial's shares. Their VOYA share price targets range from $75.00 to $92.00. On average, they expect the company's stock price to reach $83.44 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
View analysts price targets for VOYA
or view top-rated stocks among Wall Street analysts.

How have VOYA shares performed in 2024?

Voya Financial's stock was trading at $72.96 at the start of the year. Since then, VOYA shares have increased by 1.5% and is now trading at $74.09.
View the best growth stocks for 2024 here
.

Are investors shorting Voya Financial?

Voya Financial saw a drop in short interest in April. As of April 30th, there was short interest totaling 1,560,000 shares, a drop of 26.4% from the April 15th total of 2,120,000 shares. Based on an average trading volume of 999,600 shares, the short-interest ratio is presently 1.6 days. Currently, 1.6% of the shares of the stock are short sold.
View Voya Financial's Short Interest
.

When is Voya Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our VOYA earnings forecast
.

How were Voya Financial's earnings last quarter?

Voya Financial, Inc. (NYSE:VOYA) issued its quarterly earnings data on Tuesday, April, 30th. The asset manager reported $1.88 EPS for the quarter, topping analysts' consensus estimates of $1.58 by $0.30. The asset manager had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.80 billion. Voya Financial had a trailing twelve-month return on equity of 16.74% and a net margin of 10.48%. Voya Financial's revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.69 EPS.

How often does Voya Financial pay dividends? What is the dividend yield for Voya Financial?

Voya Financial declared a quarterly dividend on Tuesday, April 23rd. Investors of record on Tuesday, May 28th will be paid a dividend of $0.40 per share on Wednesday, June 26th. This represents a $1.60 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Friday, May 24th.
Read our dividend analysis for VOYA
.

Is Voya Financial a good dividend stock?

Voya Financial (NYSE:VOYA) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.16%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 22.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VOYA will have a dividend payout ratio of 16.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VOYA.

What is Rodney O. Martin Jr.'s approval rating as Voya Financial's CEO?

196 employees have rated Voya Financial Chief Executive Officer Rodney O. Martin Jr. on Glassdoor.com. Rodney O. Martin Jr. has an approval rating of 70% among the company's employees.

What other stocks do shareholders of Voya Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Voya Financial investors own include Broadcom (AVGO), Walt Disney (DIS), PayPal (PYPL), AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), Chevron (CVX), Wells Fargo & Company (WFC), Alibaba Group (BABA) and Enterprise Products Partners (EPD).

Who are Voya Financial's major shareholders?

Voya Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.92%), Bank of New York Mellon Corp (5.17%), Pzena Investment Management LLC (3.73%), Price T Rowe Associates Inc. MD (2.35%), LSV Asset Management (1.15%) and Principal Financial Group Inc. (0.38%). Insiders that own company stock include Clyde Landon Jr Cobb, Michael Robert Katz, Michael S Smith, Nancy Ferrara, Robert L Grubka, Rodney O Martin Jr, Santhosh Keshavan, Tony D Oh and Yvette S Butler.
View institutional ownership trends
.

How do I buy shares of Voya Financial?

Shares of VOYA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VOYA) was last updated on 5/27/2024 by MarketBeat.com Staff

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