Genworth Financial (GNW) Stock Price, News & Analysis

Company Overview

Genworth Financial, Inc., together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The Long-Term Care Insurance segment offers long-term care insurance products that are intended to protect against the significant and escalating costs of long-term care services provided in the insured's home, assisted living, and nursing facilities. The Life and Annuities segment provides protection and retirement income products, that includes traditional and non-traditional life insurance, such as term, universal and term universal life insurance, corporate-owned life insurance, and funding agreements; fixed annuities; and variable annuities. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.

Key Stats

• Today's Range: $7.24 to $7.37
• 50-Day Range: $6.52 to $7.37
• 52-Week Range: $5.67 to $7.48
• Volume: 4.00 million shs
• Average Volume: 2.56 million shs
• Market Capitalization: $3.14 billion
• P/E Ratio: 35.00
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: Hold

Genworth Financial Stock Analysis - MarketRank™

Genworth Financial scored higher than 64% of companies evaluated by MarketBeat, and ranked 558th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Genworth Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Genworth Financial has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Genworth Financial is 35.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Genworth Financial is 35.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.81.

Price to Book Value per Share Ratio

Genworth Financial has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.54% of the float of Genworth Financial has been sold short.

Short Interest Ratio / Days to Cover

Genworth Financial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Genworth Financial has recently decreased by 3.44%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Genworth Financial does not currently pay a dividend.

Dividend Growth

Genworth Financial does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.33

Percentage of Shares Shorted

1.54% of the float of Genworth Financial has been sold short.

Short Interest Ratio / Days to Cover

Genworth Financial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Genworth Financial has recently decreased by 3.44%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.94

News Sentiment

Genworth Financial has a news sentiment score of 0.94. 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 higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Genworth Financial this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for GNW on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Genworth Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,032,000.00 in company stock.

Percentage Held by Insiders

Only 1.80% of the stock of Genworth Financial is held by insiders.

Percentage Held by Institutions

81.85% of the stock of Genworth Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GNW Stock Analysis - Frequently Asked Questions

How have GNW shares performed this year?

Genworth Financial's stock was trading at $6.68 at the beginning of the year. Since then, GNW shares have increased by 10.0% and is now trading at $7.35.
View the best growth stocks for 2024 here.

How were Genworth Financial's earnings last quarter?

Genworth Financial, Inc. (NYSE:GNW) posted its quarterly earnings data on Wednesday, July, 31st. The financial services provider reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. The financial services provider had revenue of $1.77 billion for the quarter. Genworth Financial had a trailing twelve-month return on equity of 0.31% and a net margin of 1.19%.

Who are Genworth Financial's major shareholders?

Top institutional investors of Genworth Financial include Donald Smith & CO. Inc. (5.71%), State Street Corp (4.69%), River Road Asset Management LLC (3.97%) and Geode Capital Management LLC (2.34%). Insiders that own company stock include Thomas J Mcinerney, Daniel J Iv Sheehan and Robert P Restrepo Jr.
View institutional ownership trends.

How do I buy shares of Genworth Financial?

Shares of GNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Genworth Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Genworth Financial investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 7/31/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Life insurance
• Sub-Industry: Multi-line Insurance
• Current Symbol: NYSE:GNW
• CUSIP: 37247D10
• CIK: 1276520
• Web: www.genworth.com
• Phone: (804) 281-6000
• Fax: N/A
• Employees: 2,700
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.00
• High Stock Price Target: $7.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: -4.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.21
• Trailing P/E Ratio: 35.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $76 million
• Net Margins: 1.19%
• Pretax Margin: 4.35%
• Return on Equity: 0.31%
• Return on Assets: 0.03%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 0.29
• Quick Ratio: 0.29

Sales & Book Value

• Annual Sales: $7.49 billion
• Price / Sales: 0.42
• Cash Flow: $0.44 per share
• Price / Cash Flow: 16.66
• Book Value: $21.67 per share
• Price / Book: 0.34

Miscellaneous

• Outstanding Shares: 427,030,000
• Free Float: 419,345,000
• Market Cap: $3.14 billion
• Optionable: Optionable
• Beta: 0.95