Genworth Financial, Inc. (NYSE:GNW) in the last month has increased +0.54%.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. The stock of Genworth Financial Inc (NYSE:GNW) has "Neutral" rating given on Wednesday, August 5 by Macquarie Research. The company was maintained on Tuesday, August 1 by Wells Fargo. BidaskClub downgraded shares of Genworth Financial from a "hold" rating to a "sell" rating in a report on Tuesday, July 11th. Analysts have a mean recommendation of 2.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Finally, Advantus Capital Management Inc lifted its stake in shares of Genworth Financial by 3.0% during the first quarter. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company's stock. The stock has a consensus rating of "Hold" and an average target price of $4.17.
Ratings analysis reveals 13% of Genworth Financial's analysts are positive. The target implies a -26.64% decrease from where the shares are now trading. The stock's average target of $5.42 is 43.39% above today's ($3.78) share price. The stock's market capitalization is 1.91B. Wells Fargo maintained Genworth Financial Inc (NYSE:GNW) on Tuesday, August 1 with "Hold" rating. The institutional investor owned 67,108 shares of the financial services provider's stock after selling 38,882 shares during the quarter. Genworth Financial had a negative net margin of 1.66% and a negative return on equity of 1.63%. For the current year the company's revenue estimates are $8.51 Billion compared to low analyst estimates of $8.46 Billion and high estimates of $8.56 Billion according to 2 number of analysts. The average estimate of Wall Street analysts had projected 0.24. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.
Genworth Financial Inc had its "neutral" rating reiterated by analysts at BTIG Research.
A number of large investors have recently added to or reduced their stakes in GNW. Aperio Grp Ltd Liability Corporation stated it has 0.01% of its portfolio in Genworth Financial Inc (NYSE:GNW). Genworth Financial, Inc. (GNW) now has 499140 shares outstanding, which means that its market capitalization is $1.85B. 12 West Capital Management Lp acquired 500,000 shares as Diana Shipping Inc (DSX)'s stock declined 0.27%.
Checking up on some historical performance on shares of Genworth Financial, Inc. LS Investment Advisors LLC increased its stake in Genworth Financial by 18.0% in the 2nd quarter. Wellington Management Group LLP now owns 292,904 shares of the financial services provider's stock valued at $1,207,000 after acquiring an additional 1,002 shares during the period. The business's revenue was down.6% on a year-over-year basis. NEXT Financial Group Inc now owns 31,651 shares of the financial services provider's stock valued at $119,000 after acquiring an additional 151 shares during the period.
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Genworth Financial, Inc (Genworth) is a financial security company. In Australia, the Company offers flow mortgage insurance and provides bulk mortgage insurance. The Firm engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.