Voya Financial - VOYA Stock Forecast, Price & News

12 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, 9 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.

12 analysts have issued 12 month price targets for Voya Financial's shares. Their VOYA share price forecasts range from $78.00 to $89.00. On average, they expect the company's share price to reach $83.17 in the next year. This suggests a possible upside of 20.9% from the stock's current price.
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Voya Financial's stock was trading at $61.49 at the beginning of the year. Since then, VOYA stock has increased by 11.9% and is now trading at $68.79.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our VOYA earnings forecast.

Voya Financial, Inc. (NYSE:VOYA) posted its quarterly earnings results on Tuesday, February, 7th. The asset manager reported $2.18 earnings per share for the quarter, beating analysts' consensus estimates of $1.53 by $0.65. The asset manager earned $880 million during the quarter, compared to analyst estimates of $259.86 million. Voya Financial had a net margin of 9.37% and a trailing twelve-month return on equity of 13.09%. During the same period in the previous year, the business posted $1.90 earnings per share.

Voya Financial declared a quarterly dividend on Thursday, January 26th. Stockholders of record on Friday, February 24th will be paid a dividend of $0.20 per share on Wednesday, March 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Thursday, February 23rd. This is an increase from the stock's previous quarterly dividend of $0.04.
Read our dividend analysis for VOYA.

ETFs with the largest weight of Voya Financial (NYSE:VOYA) stock in their portfolio include SPDR S&P Bank ETF (KBE), Cambria Value and Momentum ETF (VAMO), Invesco S&P MidCap Value with Momentum ETF (XMVM), LeaderShares AlphaFactor US Core Equity ETF (LSAF), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), WisdomTree U.S. Value Fund (WTV), iShares U.S. Insurance ETF (IAK) and WisdomTree U.S. Quality Shareholder Yield Fund (QSY).

Voya Financial (NYSE:VOYA) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.18%. The dividend payout ratio is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VOYA will have a dividend payout ratio of 8.71% 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 investors include Franklin Resources Inc. (7.95%), Pzena Investment Management LLC (4.29%), Dimensional Fund Advisors LP (2.92%), JPMorgan Chase & Co. (2.15%), Morgan Stanley (2.07%) and LSV Asset Management (1.83%). 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 $68.79.

Voya Financial (NYSE:VOYA) has a market capitalization of $6.69 billion and generates $5.80 billion in revenue each year. The asset manager earns $510 million in net income (profit) each year or $4.40 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.