Voya Financial - VOYA Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Voya Financial in the last twelve months. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" VOYA shares.
View VOYA analyst ratings or view top-rated stocks.

12 equities research analysts have issued 12-month target prices for Voya Financial's stock. 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 22.2% 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 on January 1st, 2023. Since then, VOYA stock has increased by 10.7% and is now trading at $68.07.
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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 earnings results on Tuesday, February, 7th. The asset manager reported $2.18 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.65. The asset manager had revenue of $880 million for the quarter, compared to analyst estimates of $259.86 million. Voya Financial had a trailing twelve-month return on equity of 13.09% and a net margin of 9.37%. During the same quarter last year, the business earned $1.90 EPS.

Voya Financial announced a quarterly dividend on Thursday, January 26th. Investors 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 1.18%. The ex-dividend date of this dividend is Thursday, February 23rd. This is a boost 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 number 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 $68.07.

Voya Financial (NYSE:VOYA) has a market capitalization of $6.62 billion and generates $3.54 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.