Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. It operates through Retirement, Investment Management, Individual Life, and Employee Benefits segments. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual account rollover plans and other retail financial products, 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 through third-party administrators, wirehouse affiliated brokers, registered investment advisors, independent sales agents, and consulting firms. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual and institutional customers directly, as well as through consultant channel, banks, broker-dealers, and independent financial advisers. The Individual Life segment provides wealth protection and transfer opportunities through universal, variable, and term life products. The Employee Benefits segment offers stop loss, group life, voluntary employee-paid, and disability products through consultants, brokers, third-party administrators, enrollment firms, and technology partners. 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.
Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryN/A
SectorFinance
SymbolNYSE:VOYA
CUSIPN/A
Phone212-309-8200
Debt
Debt-to-Equity Ratio0.50
Current Ratio0.17
Quick Ratio0.17
Price-To-Earnings
Trailing P/E Ratio16.40
Forward P/E Ratio11.67
P/E Growth0.84
Sales & Book Value
Annual Sales$8.62 billion
Price / Sales0.97
Cash Flow$6.0428 per share
Price / Cash8.17
Book Value$61.41 per share
Price / Book0.80
Profitability
EPS (Most Recent Fiscal Year)$3.01
Net Income$-2,992,000,000.00
Net Margins-25.86%
Return on Equity4.01%
Return on Assets0.23%
Miscellaneous
Employees6,300
Outstanding Shares168,820,000
Voya Financial (NYSE:VOYA) Frequently Asked Questions
What is Voya Financial's stock symbol?
Voya Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "VOYA."
How often does Voya Financial pay dividends? What is the dividend yield for Voya Financial?
Voya Financial announced a quarterly dividend on Thursday, April 26th. Stockholders of record on Tuesday, May 29th will be paid a dividend of $0.01 per share on Thursday, June 28th. This represents a $0.04 annualized dividend and a dividend yield of 0.08%. The ex-dividend date of this dividend is Friday, May 25th. View Voya Financial's Dividend History.
How will Voya Financial's stock buyback program work?
Voya Financial declared that its Board of Directors has initiated a share repurchase program on Thursday, February 15th 2018, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.
How were Voya Financial's earnings last quarter?
Voya Financial Inc (NYSE:VOYA) posted its quarterly earnings data on Tuesday, May, 1st. The asset manager reported $0.77 earnings per share for the quarter, missing the consensus estimate of $0.85 by $0.08. Voya Financial had a negative net margin of 25.86% and a positive return on equity of 4.01%. During the same period in the prior year, the firm earned $0.51 earnings per share. View Voya Financial's Earnings History.
When is Voya Financial's next earnings date?
What price target have analysts set for VOYA?
14 brokerages have issued twelve-month price targets for Voya Financial's stock. Their forecasts range from $54.00 to $66.00. On average, they expect Voya Financial's stock price to reach $59.4615 in the next year. View Analyst Ratings for Voya Financial.
What are Wall Street analysts saying about Voya Financial stock?
Here are some recent quotes from research analysts about Voya Financial stock:
- 1. Wells Fargo & Co analysts commented, "We expect VOYA shares to react favorably to the normalized beat and the guided Q2 run-rate." (5/1/2018)
- 2. BTIG Research analysts commented, "CBVA and Removal of Tail Risk = Much Higher Multiple We are reiterating our Buy recommendation on Voya Financial (VOYA) while raising our price target to $59 (from $50) based on 1.1x the company’s FY18E book value ex. accumulated other cumulative income (AOCI) of $53.27. We view VOYA’s agreement to sell its closed block variable annuity (CBVA) unit to Venerable, a newly-formed firm backed by a group of private equity firms led by Apollo, and to have its fixed annuity book reinsured by Athene Holding (ATH, Not Rated), as a game-changer for the company." (1/2/2018)
Who are some of Voya Financial's key competitors?
Some companies that are related to Voya Financial include Swiss Re (SSREY), AVIVA PLC/ADR (AVVIY), Sun Life Financial (SLF), Legal & General Group (LGEN), HANNOVER RUECK/S (HVRRY), AMP (AMP), Lincoln National (LNC), OLD Mut PLC/ADR (ODMTY), AEGON (AEG), Torchmark (TMK), Athene (ATH), Reinsurance Group of America (RGA), SONY Finl HOLDI/ADR (SNYFY), Scor (SCRYY) and Brighthouse Financial (BHF).
Who are Voya Financial's key executives?
Voya Financial's management team includes the folowing people:
- Mr. Rodney Owen Martin Jr., Chairman & CEO (Age 66)
- Mr. Michael Scott Smith FSA, MAAA, CFA, Chief Financial Officer (Age 55)
- Mr. Alain Maurice Karaoglan, Former Chief Operating Officer (Age 56)
- Mr. Charles Patrick Nelson, Chief Exec. Officer of Retirement & Employee Benefits (Age 57)
- Ms. Christine Lynn Hurtsellers CFA, Chief Exec. Officer of Investment Management Bus. (Age 54)
Has Voya Financial been receiving favorable news coverage?
Media coverage about VOYA stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Voya Financial earned a news sentiment score of 0.15 on Accern's scale. They also gave news articles about the asset manager an impact score of 45.92 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Voya Financial's major shareholders?
Voya Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (10.02%), Pzena Investment Management LLC (6.19%), BlackRock Inc. (6.25%), BAILLIE GIFFORD & COMPANY (3.97%), Luxor Capital Group LP (1.72%) and LSV Asset Management (1.46%). Company insiders that own Voya Financial stock include Alain M Karaoglan, Charles P Nelson, Christine Hurtsellers, Kevin D Silva, Michael S Smith, Nancy Ferrara and Rodney O Martin Jr. View Institutional Ownership Trends for Voya Financial.
Which institutional investors are selling Voya Financial stock?
VOYA stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Franklin Resources Inc., Russell Investments Group Ltd., Millennium Management LLC, Luxor Capital Group LP, Prudential Financial Inc., Legal & General Group Plc and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Voya Financial.
Which institutional investors are buying Voya Financial stock?
VOYA stock was bought by a variety of institutional investors in the last quarter, including O Shaughnessy Asset Management LLC, FIL Ltd, Carillon Tower Advisers Inc., Levin Capital Strategies L.P., Zweig DiMenna Associates LLC, Scout Investments Inc., The Manufacturers Life Insurance Company and AMF Pensionsforsakring AB. Company insiders that have bought Voya Financial stock in the last two years include Alain M Karaoglan, Charles P Nelson, Michael S Smith and Rodney O Martin Jr. View Insider Buying and Selling for Voya Financial.
How do I buy shares of Voya Financial?
Shares of VOYA 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 Voya Financial's stock price today?
One share of VOYA stock can currently be purchased for approximately $49.37.
How big of a company is Voya Financial?
Voya Financial has a market capitalization of $8.33 billion and generates $8.62 billion in revenue each year. The asset manager earns $-2,992,000,000.00 in net income (profit) each year or $3.01 on an earnings per share basis. Voya Financial employs 6,300 workers across the globe.
How can I contact Voya Financial?
Voya Financial's mailing address is 230 Park Avenue, New York NY, 10169. The asset manager can be reached via phone at 212-309-8200 or via email at [email protected]
MarketBeat Community Rating for Voya Financial (VOYA)
MarketBeat's community ratings are surveys of what our community members think about Voya Financial and other stocks. Vote "Outperform" if you believe VOYA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VOYA will underperform the S&P 500 over the long term. You may vote once every thirty days.
