Genworth Financial (NYSE:GNW - Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Persons interested in listening to the company's earnings conference call can do so using this link.
Genworth Financial (NYSE:GNW - Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.09. The business had revenue of $1.77 billion during the quarter. Genworth Financial had a return on equity of 0.25% and a net margin of 0.43%. During the same period in the prior year, the business earned $0.29 earnings per share.
Genworth Financial Trading Up 0.4 %
Shares of Genworth Financial stock traded up $0.02 on Wednesday, reaching $6.85. 1,907,147 shares of the company were exchanged, compared to its average volume of 2,759,717. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.17. Genworth Financial has a fifty-two week low of $5.32 and a fifty-two week high of $7.25. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 36.03 and a beta of 0.94. The stock has a fifty day moving average price of $6.87 and a 200-day moving average price of $6.50.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of Genworth Financial from a "buy" rating to a "hold" rating in a research note on Tuesday.
Check Out Our Latest Report on Genworth Financial
Insiders Place Their Bets
In other news, CEO Thomas J. Mcinerney sold 150,000 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $6.88, for a total value of $1,032,000.00. Following the completion of the sale, the chief executive officer now owns 4,532,954 shares in the company, valued at $31,186,723.52. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.80% of the company's stock.
Genworth Financial Company Profile
(
Get Free Report)
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.
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