Voya Financial (VOYA) Projected to Post Earnings on Tuesday

Voya Financial (NYSE:VOYA - Get Free Report) is expected to be posting its Q4 2024 quarterly earnings results after the market closes on Tuesday, February 4th. Analysts expect Voya Financial to post earnings of $2.15 per share and revenue of $1.89 billion for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

Voya Financial (NYSE:VOYA - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share for the quarter, missing analysts' consensus estimates of $2.15 by ($0.65). Voya Financial had a return on equity of 15.09% and a net margin of 8.81%. 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 Price Performance

Shares of NYSE VOYA traded up $3.80 during trading on Wednesday, hitting $72.23. The company had a trading volume of 3,606,854 shares, compared to its average volume of 875,048. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.54. Voya Financial has a fifty-two week low of $63.11 and a fifty-two week high of $84.30. The firm has a market capitalization of $6.95 billion, a price-to-earnings ratio of 11.50, a price-to-earnings-growth ratio of 0.49 and a beta of 1.05. The stock has a fifty day simple moving average of $71.24 and a two-hundred day simple moving average of $74.10.

Voya Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.45 per share. The ex-dividend date is Tuesday, February 25th. This represents a $1.80 annualized dividend and a yield of 2.49%. Voya Financial's dividend payout ratio (DPR) is presently 28.66%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VOYA. UBS Group raised shares of Voya Financial to a "strong-buy" rating in a research note on Monday, November 11th. Evercore ISI cut their price target on Voya Financial from $94.00 to $89.00 and set an "outperform" rating for the company in a report on Tuesday, December 10th. Piper Sandler lowered their price objective on Voya Financial from $91.00 to $84.00 and set an "overweight" rating on the stock in a research note on Wednesday, December 18th. Keefe, Bruyette & Woods lowered their price target on shares of Voya Financial from $90.00 to $84.00 and set an "outperform" rating on the stock in a research report on Wednesday. Finally, Bank of America restated a "neutral" rating and set a $83.00 price objective (down from $91.00) on shares of Voya Financial in a research report on Wednesday, December 11th. Six analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Voya Financial currently has an average rating of "Moderate Buy" and an average target price of $82.18.

About Voya Financial

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.