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Voya Financial (VOYA) Stock Price, News & Analysis

Voya Financial logo
$81.68 +0.99 (+1.23%)
(As of 11/22/2024 ET)

About Voya Financial Stock (NYSE:VOYA)

Key Stats

Today's Range
$80.29
$81.81
50-Day Range
$74.98
$83.90
52-Week Range
$63.11
$84.30
Volume
669,583 shs
Average Volume
817,220 shs
Market Capitalization
$7.86 billion
P/E Ratio
13.01
Dividend Yield
2.20%
Price Target
$86.00
Consensus Rating
Moderate Buy

Company Overview

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. The segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional and individual customers. The Health Solutions segment offers various insurance products comprising stop loss, group life, group disability, whole life, critical illness, accident, and hospital indemnity insurance. The segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors and institutional clients through its direct sales force, consultant channel, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.

Voya Financial Stock Analysis - MarketRank™

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99th Percentile Overall Score

VOYA MarketRank™: 

Voya Financial scored higher than 99% of companies evaluated by MarketBeat, and ranked 8th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Voya Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Voya Financial has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Voya Financial's stock forecast and price target.
  • Earnings Growth

    Earnings for Voya Financial are expected to grow by 20.98% in the coming year, from $8.20 to $9.92 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Voya Financial is 13.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Voya Financial is 13.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.77.

  • Price to Earnings Growth Ratio

    Voya Financial has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Voya Financial has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Voya Financial's valuation and earnings.
  • Percentage of Shares Shorted

    2.13% of the float of Voya Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Voya Financial has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Voya Financial has recently decreased by 3.32%, indicating that investor sentiment is improving.
  • Dividend Yield

    Voya Financial pays a meaningful dividend of 2.25%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Voya Financial is 28.66%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Voya Financial will have a dividend payout ratio of 18.15% next year. This indicates that Voya Financial will be able to sustain or increase its dividend.

  • Read more about Voya Financial's dividend.
  • Percentage of Shares Shorted

    2.13% of the float of Voya Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Voya Financial has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Voya Financial has recently decreased by 3.32%, indicating that investor sentiment is improving.
  • News Sentiment

    Voya Financial has a news sentiment score of 1.01. 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 0.81 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Voya Financial this week, compared to 6 articles on an average week.
  • Search Interest

    Only 3 people have searched for VOYA on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Voya 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 $58,594.00 in company stock.

  • Percentage Held by Insiders

    Only 1.37% of the stock of Voya Financial is held by insiders.

  • Percentage Held by Institutions

    96.10% of the stock of Voya Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Voya Financial's insider trading history.
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VOYA Stock News Headlines

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Voya Financial (VOYA) Gets a Hold from Morgan Stanley
Analysts Set Voya Financial, Inc. (NYSE:VOYA) PT at $86.00
Voya Financial price target raised to $94 from $82 at Evercore ISI
Voya Financial Reports Strong Q3 2024 Performance
See More Headlines

VOYA Stock Analysis - Frequently Asked Questions

Voya Financial's stock was trading at $72.96 at the start of the year. Since then, VOYA stock has increased by 11.9% and is now trading at $81.6750.
View the best growth stocks for 2024 here
.

Voya Financial, Inc. (NYSE:VOYA) issued its quarterly earnings results on Monday, November, 4th. The asset manager reported $2.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.07. Voya Financial's revenue was up 7.3% on a year-over-year basis.

Top institutional investors of Voya Financial include Wellington Management Group LLP (6.85%), Pzena Investment Management LLC (3.74%), State Street Corp (3.42%) and FMR LLC (3.00%). Insiders that own company stock include Michael S Smith, Rodney O Martin Jr, Santhosh Keshavan, Michael Robert Katz, Nancy Ferrara, Tony D Oh, Yvette S Butler, Robert L Grubka and Clyde Landon Jr Cobb.
View institutional ownership trends
.

Shares of VOYA 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Voya Financial investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and General Electric (GE).

Company Calendar

Ex-Dividend for 9/26 Dividend
8/27/2024
Dividend Payable
9/26/2024
Last Earnings
11/04/2024
Today
11/22/2024
Ex-Dividend for 12/26 Dividend
11/26/2024
Dividend Payable
12/26/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
Insurance
Fax
N/A
Employees
9,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$86.00
High Stock Price Target
$95.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+5.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$625 million
Pretax Margin
9.94%

Debt

Sales & Book Value

Annual Sales
$7.35 billion
Cash Flow
$8.88 per share
Book Value
$66.35 per share

Miscellaneous

Free Float
94,900,000
Market Cap
$7.85 billion
Optionable
Optionable
Beta
1.03

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This page (NYSE:VOYA) was last updated on 11/23/2024 by MarketBeat.com Staff
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