Voya Financial (VOYA) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Voya Financial in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VOYA shares.
View VOYA analyst ratings or view top-rated stocks.

10 analysts have issued 1-year price objectives for Voya Financial's stock. Their VOYA share price forecasts range from $75.00 to $88.00. On average, they predict the company's stock price to reach $82.73 in the next year. This suggests a possible upside of 14.7% from the stock's current price.
View analysts price targets for VOYA or view top-rated stocks among Wall Street analysts.

Voya Financial's stock was trading at $61.49 at the start of the year. Since then, VOYA shares have increased by 17.3% and is now trading at $72.12.
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Voya Financial saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,770,000 shares, a drop of 76.8% from the April 30th total of 16,230,000 shares. Based on an average trading volume of 1,910,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 3.9% of the shares of the stock are short sold.
View Voya Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our VOYA earnings forecast.

Voya Financial, Inc. (NYSE:VOYA) posted its quarterly earnings data on Tuesday, May, 2nd. The asset manager reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by $0.03. The asset manager had revenue of $1.84 billion for the quarter, compared to analyst estimates of $288.10 million. Voya Financial had a net margin of 9.58% and a trailing twelve-month return on equity of 14.77%. During the same quarter in the prior year, the firm posted $1.47 EPS.

Voya Financial declared a quarterly dividend on Thursday, April 27th. Stockholders of record on Friday, May 26th will be given a dividend of $0.20 per share on Wednesday, June 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Thursday, May 25th.
Read our dividend analysis for VOYA.

ETFs with the largest weight of Voya Financial (NYSE:VOYA) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), SPDR S&P Bank ETF (KBE), Invesco S&P MidCap Value with Momentum ETF (XMVM), WisdomTree U.S. Quality Shareholder Yield Fund (QSY), iShares U.S. Insurance ETF (IAK), Cambria Shareholder Yield ETF (SYLD), First Trust Active Factor Mid Cap ETF (AFMC) and First Trust Financial AlphaDEX Fund (FXO).

Voya Financial (NYSE:VOYA) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 16.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VOYA will have a dividend payout ratio of 8.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VOYA.

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.

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).

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

Voya Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.78%), Wellington Management Group LLP (8.09%), Franklin Resources Inc. (6.47%), Bank of New York Mellon Corp (6.39%), Ameriprise Financial Inc. (4.94%) and Samlyn Capital LLC (4.53%). Insiders that own company stock include Christine Hurtsellers, Clyde Landon Jr Cobb, Heather H Lavallee, Michael Robert Katz, Michael S Smith, Nancy Ferrara, Robert L Grubka, Rodney O Martin Jr and Santhosh Keshavan.
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Shares of VOYA 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 VOYA stock can currently be purchased for approximately $72.12.

Voya Financial (NYSE:VOYA) has a market capitalization of $7.09 billion and generates $3.54 billion in revenue each year. The asset manager earns $510 million in net income (profit) each year or $4.79 on an earnings per share basis.

The company employs 6,100 workers across the globe.

Voya Financial's mailing address is 230 Park Avenue, New York NY, 10169. The official website for the company is www.voya.com. The asset manager can be reached via phone at (212) 309-8200 or via email at ir@voya.com.