Voya Financial (VOYA) Expected to Announce Earnings on Tuesday

Voya Financial (NYSE:VOYA - Get Free Report) is expected to release its earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $2.15 per share and revenue of $1.89 billion for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Voya Financial (NYSE:VOYA - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.07. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.86 billion. Voya Financial had a net margin of 8.81% and a return on equity of 15.09%. The business's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.07 earnings per share. On average, analysts expect Voya Financial to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Voya Financial Stock Up 0.7 %

Shares of Voya Financial stock traded up $0.53 during trading on Tuesday, reaching $71.78. The company's stock had a trading volume of 934,920 shares, compared to its average volume of 676,589. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.54. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of 0.48 and a beta of 1.05. The company has a 50-day simple moving average of $72.60 and a two-hundred day simple moving average of $74.19. Voya Financial has a 1-year low of $63.11 and a 1-year high of $84.30.

Voya Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Tuesday, November 26th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date was Tuesday, November 26th. Voya Financial's dividend payout ratio (DPR) is presently 28.66%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. UBS Group raised shares of Voya Financial to a "strong-buy" rating in a report on Monday, November 11th. Barclays lowered their price target on Voya Financial from $85.00 to $81.00 and set an "overweight" rating for the company in a research report on Tuesday, December 10th. Wells Fargo & Company reiterated an "equal weight" rating and set a $76.00 price target (down previously from $87.00) on shares of Voya Financial in a research note on Tuesday, January 14th. JPMorgan Chase & Co. reduced their price objective on Voya Financial from $87.00 to $82.00 and set a "neutral" rating for the company in a research note on Tuesday, January 7th. Finally, Evercore ISI dropped their target price on Voya Financial from $94.00 to $89.00 and set an "outperform" rating on the stock in a research report on Tuesday, December 10th. Six analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $83.73.

Insiders Place Their Bets

In related news, insider Tony D. Oh sold 715 shares of Voya Financial stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $81.95, for a total value of $58,594.25. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.37% of the company's stock.

Voya Financial Company Profile

Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.