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Main » The ValuEngine Upgrades Genworth Financial Inc (GNW) to "Hold"

The ValuEngine Upgrades Genworth Financial Inc (GNW) to "Hold"

08 September 2017

Legal & General Group Plc owned 0.48% of Genworth Financial worth $9,070,000 as of its most recent SEC filing. Prudential Financial Inc. grew its position in shares of Genworth Financial by 35.1% during the first quarter. BlackRock Inc. now owns 48,718,954 shares of the financial services provider's stock worth $200,723,000 after purchasing an additional 48,216,968 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Genworth Financial by 4.6% in the first quarter. Also, Genworth Financial, Inc. Prudential Financial Inc. now owns 5,409,753 shares of the financial services provider's stock worth $22,289,000 after purchasing an additional 1,406,640 shares during the last quarter.

Northwestern Mutual Investment Management Company, LLC downsized its position by shedding 8 shares a decrease of 0.0% from 03/31/2017 to 06/30/2017. Capstone Asset Management Co. now owns 80,424 shares of the financial services provider's stock valued at $331,000 after buying an additional 630 shares during the period. The overall volume in the last trading session was 1,242,749 shares. Institutional investors own 67.59% of the company's stock. (NYSE:GNW) are owned by insiders with 0.00% six-month change in the insider ownership. If you are accessing this article on another website, it was illegally copied and republished in violation of United States and worldwide trademark and copyright law. The original version of this story can be read at

Analysts are turning out to be neutral than before, with 0 of analysts who cover Genworth Financial, Inc. The stock last traded at $3.39 a tad under $3.45, the 50 day moving average and which is marginally lower than the 200 day moving average of $3.74. Genworth Financial has a 52 week low of $3.23 and a 52 week high of $5.27. GNW's total market worth is $1.75B.

According to the analysts, Genworth Financial Inc (NYSE:GNW) is expected to announce $0.22/share EPS for the current quarter.

In the last earnings report the EPS was $-0.29 and is estimated to be $1.03 for the current year with 499,143,000 shares presently outstanding. To answer this question, we will compare the two companies across growth, profitability, risk, and valuation metrics, and also examine their analyst ratings and insider activity trends. ROE can be split up into three useful ratios: net profit margin, asset turnover, and financial leverage. The company's revenue for the quarter was down.6% compared to the same quarter previous year. During the same period in the previous year, the business earned $0.39 earnings per share.

The Average Volume for 10 days is 2.3 Million for Genworth Financial Inc (NYSE:GNW). Compass Point upgraded the shares of GNW in report on Friday, November 11 to "Buy" rating. BidaskClub cut Genworth Financial from a sell rating to a strong sell rating in a research note on Wednesday, August 16th.

In the last reported quarter, Genworth Financial Inc reported its Actual EPS (earnings per share) of $0.3/share where most of the analysts working on this stock were estimating the EPS to be $0.24/share. Wells Fargo maintained Genworth Financial Inc (NYSE:GNW) on Tuesday, August 1 with "Hold" rating. As for this week, analysts appear content to stick with their bleak outlook with the consensus call at 3. iStar given 0 buy-equivalent recommendations, 0 sells and 2 holds.

The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -10.69% and has no so good Year to Date (YTD) Performance of -11.02% which means the stock is constantly adding to its value from previous fiscal year end price. The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. Its segments include U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, Runoff, and Corporate and Other.