NYSE:VOYA

Voya Financial - VOYA Stock Forecast, Price & News

$64.49

-1.35 (-2.05%)

(As of 10/5/2022 12:00 AM ET)

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Today's Range: $64.30
▼
$65.26
50-Day Range: $58.56
▼
$65.84
52-Week Range: $56.20
▼
$74.97

Volume: 986,075 shs
Average Volume: 1.21 million shs
Market Capitalization: $6.59 billion

P/E Ratio: 12.12
Dividend Yield: 1.22%
Price Target: $78.17

Voya Financial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.91 Rating Score
Upside/Downside: 21.2% Upside
$78.17 Price Target
Short Interest: Bearish
18.84% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.22
Upright™ Environmental Score
News Sentiment: 0.32
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 24.96%
From $6.17 to $7.71 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Finance Sector

375th out of 887 stocks

Life Insurance Industry

9th out of 18 stocks

3.5

Analyst's Opinion

Consensus Rating
Voya Financial has received a consensus rating of Buy. The company's average rating score is 2.91, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $78.17, Voya Financial has a forecasted upside of 21.2% from its current price of $64.49.
Amount of Analyst Coverage
Voya Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

0.0

Short Interest

Percentage of Shares Shorted
18.84% of the float of Voya Financial has been sold short.
Short Interest Ratio / Days to Cover
Voya Financial has a short interest ratio ("days to cover") of 17.4, which indicates bearish sentiment.
Change versus previous month
Short interest in Voya Financial has recently increased by 0.39%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Voya Financial pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Voya Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Voya Financial is 15.04%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Voya Financial will have a dividend payout ratio of 10.38% next year. This indicates that Voya Financial will be able to sustain or increase its dividend.

3.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Voya Financial has received a 39.57% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pension funding services", "Consumer savings accounts", and "Long term disability insurance services for individuals" products. See details.
Environmental Sustainability
The Environmental Impact score for Voya Financial is -0.22.

1.8

News and Social Media Coverage

News Sentiment
Voya Financial has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Voya Financial this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for VOYA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Voya Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Voya Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.44% of the stock of Voya Financial is held by insiders.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Voya Financial are expected to grow by 24.96% in the coming year, from $6.17 to $7.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Voya Financial is 12.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Voya Financial is 12.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.89.
Price to Earnings Growth Ratio
Voya Financial has a PEG Ratio of 2.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Voya Financial has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Voya Financial (NYSE:VOYA) Stock

Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. The company's Wealth Solutions segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and services, as well as financial planning and advisory services. This segment serves corporate, education, healthcare, and other non-profit and government entities, as well as institutional and individual customers. Its 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's Health Solutions segment offers stop loss, group life, voluntary employee-paid, and disability products through consultants, brokers, third-party administrators, enrollment firms, and technology partners to mid-sized and large businesses. 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 incorporated in 1999 and is based in New York, New York.

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VOYA Stock News Headlines

October 4, 2022 | finance.yahoo.com

Matt Toms appointed first global chief investment officer of Voya Investment Management

October 3, 2022 | americanbankingnews.com

Voya Financial (NYSE:VOYA) Upgraded to Overweight by Piper Sandler

September 30, 2022 | nasdaq.com

Here’s Why Voya Financial Stock (NYSE:VOYA) Ticked Up Today

September 30, 2022 | investing.com

Voya Financial an Inflation Net Beneficiary - Piper Sandler

September 30, 2022 | finance.yahoo.com

Voya Financial stock receives upgrade on inflationary strength

September 30, 2022 | cnbc.com

Piper Sandler says buy this financial stock poised to benefit during inflationary times

September 27, 2022 | finance.yahoo.com

Voya Financial joins the United Nations Global Compact

September 22, 2022 | markets.businessinsider.com

What 9 Analyst Ratings Have To Say About Voya Financial

September 20, 2022 | nasdaq.com

Voya Financial, Inc. (NYSE:VOYA) insiders sold US$1.3m worth of stock, possibly signalling a downtrend

September 16, 2022 | finance.yahoo.com

Voya families will share their individual stories at the National Down Syndrome Society NYC Buddy Walk

September 14, 2022 | finance.yahoo.com

Voya to launch first-of-its-kind workplace benefits- and savings-connected digital platform

September 13, 2022 | seekingalpha.com

Voya Financial names My Chi To as chief legal officer, executive vice president

September 13, 2022 | msn.com

Two Daphne teachers receive $2,000 in Voya Financial Unsung Heroes award competition

September 13, 2022 | msn.com

Phoenix teacher receives $2,000 grant in nationwide contest to innovate teaching methods

September 8, 2022 | finance.yahoo.com

Inflation has majority of working Americans planning to spend more time reviewing their benefit selections, according to new Voya survey

September 7, 2022 | finance.yahoo.com

Voya Financial Named to Fortune Best Workplaces in Financial Services & Insurance™ 2022 List

September 2, 2022 | finance.yahoo.com

Why Is Lincoln National (LNC) Down 2.1% Since Last Earnings Report?

September 1, 2022 | finance.yahoo.com

Why Is Voya (VOYA) Up 0.7% Since Last Earnings Report?

August 30, 2022 | finance.yahoo.com

Voya Financial to present at the 2022 KBW Insurance Conference

August 25, 2022 | finance.yahoo.com

Here's Why Hold Strategy is Apt for Voya Financial (VOYA) Now

August 22, 2022 | nasdaq.com

Voya Financial Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B Shares Cross 5.5% Yield Mark

August 16, 2022 | finance.yahoo.com

Voya Financial releases 2021 Impact Report: "A better financial future for everyone"

August 11, 2022 | finance.yahoo.com

Pomona Capital Raises $4B in Capital Across Platform; Closes Tenth Secondary Fund Oversubscribed at $2.6B

August 8, 2022 | finance.yahoo.com

Voya selected as new service provider for Memorial Health System’s retirement plans

August 3, 2022 | seekingalpha.com

Voya Financial, Inc. (VOYA) CEO Rodney Martin on Q2 2022 Results - Earnings Call Transcript

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30 days | 90 days | 365 days | Advanced Chart

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VOYA Company Calendar

Last Earnings: 8/02/2022
Ex-Dividend for 9/29 Dividend: 8/25/2022
Dividend Payable: 9/29/2022
Today: 10/06/2022
Next Earnings (Estimated): 11/01/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Life insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:VOYA
CUSIP: N/A
CIK: 1535929
Web: www.voya.com
Phone: (212) 309-8200
Fax: N/A
Employees: 6,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $78.17
High Stock Price Forecast: $85.00
Low Stock Price Forecast: $70.00
Forecasted Upside/Downside: +21.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.91
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.32
Trailing P/E Ratio: 12.12
Forward P/E Ratio: 10.45
P/E Growth: 2.13
Net Income: $2.13 billion
Net Margins: 9.80%
Pretax Margin: 14.22%
Return on Equity: 8.92%
Return on Assets: 0.46%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 0.29
Quick Ratio: 0.29

Sales & Book Value

Annual Sales: $4.23 billion
Price / Sales: 1.56
Cash Flow: $17.15 per share
Price / Cash Flow: 3.76
Book Value: $88.48 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 102,175,000
Free Float: 100,704,000
Market Cap: $6.59 billion
Optionable: Optionable
Beta: 1.17

Key Executives

Mr. Rodney Owen Martin Jr. (Age 70)
Chairman & CEO
Comp: $6.06M

Ms. Heather Hamilton Lavallee (Age 52)
Pres, CEO of Wealth Solutions & Director
Comp: $2.45M

Mr. Michael Scott Smith CFA (Age 59)
FSA, MAAA, Exec. VP, CFO, Interim Chief Risk Officer & Vice Chairman
Comp: $2.99M

Mr. Charles Patrick Nelson (Age 61)
Chief Growth Officer & Vice Chairman
Comp: $2.71M

Ms. Christine Lynn Hurtsellers C.F.A. (Age 58)
CFA, Chief Exec. Officer of Voya Investment Management
Comp: $3.4M

Tony D. Oh
Principal Accounting Officer

Mr. Santhosh Keshavan (Age 48)
Exec. VP & Chief Information Officer

Ms. My Chi To
Exec. VP & Chief Legal Officer

Mr. Paul J. Gennaro Jr.
Chief Communications Officer & Sr. VP of Corp. Communications

Mr. Kevin Dwight Silva (Age 68)
Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VOYA Stock - Frequently Asked Questions

Should I buy or sell Voya Financial stock right now?: 11 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, 8 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.
What is Voya Financial's stock price forecast for 2022?: 11 Wall Street research analysts have issued 12-month target prices for Voya Financial's shares. Their VOYA share price forecasts range from $70.00 to $85.00. On average, they expect the company's share price to reach $78.17 in the next twelve months. This suggests a possible upside of 21.2% 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 2022?: Voya Financial's stock was trading at $66.31 on January 1st, 2022. Since then, VOYA stock has decreased by 2.7% and is now trading at $64.49.
View the best growth stocks for 2022 here.
When is Voya Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our VOYA earnings forecast.
How were Voya Financial's earnings last quarter?: Voya Financial, Inc. (NYSE:VOYA) announced its quarterly earnings data on Tuesday, August, 2nd. The asset manager reported $1.67 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.28. The asset manager had revenue of $273 million for the quarter, compared to the consensus estimate of $246.50 million. Voya Financial had a net margin of 9.80% and a trailing twelve-month return on equity of 8.92%.
How often does Voya Financial pay dividends? What is the dividend yield for Voya Financial?: Voya Financial announced a quarterly dividend on Thursday, July 28th. Shareholders of record on Friday, August 26th will be given a dividend of $0.20 per share on Thursday, September 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, August 25th.
Read our dividend analysis for VOYA.
Is Voya Financial a good dividend stock?: Voya Financial (NYSE:VOYA) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.22%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VOYA will have a dividend payout ratio of 10.38% 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).
What is Voya Financial's stock symbol?: Voya Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "VOYA."
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 Bowling Portfolio Management LLC (0.02%). Insiders that own company stock include Christine Hurtsellers, Clyde Landon Jr Cobb, Heather H Lavallee, Nancy Ferrara, Robert L Grubka and Rodney O Martin Jr.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Voya Financial's stock price today?: One share of VOYA stock can currently be purchased for approximately $64.49.
How much money does Voya Financial make?: Voya Financial (NYSE:VOYA) has a market capitalization of $6.59 billion and generates $4.23 billion in revenue each year. The asset manager earns $2.13 billion in net income (profit) each year or $5.32 on an earnings per share basis.
How many employees does Voya Financial have?: The company employs 6,000 workers across the globe.
How can I contact Voya Financial?: 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.

This page (NYSE:VOYA) was last updated on 10/6/2022 by MarketBeat.com Staff

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Voya Financial - VOYA Stock Forecast, Price & News

Voya Financial MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows