Genworth Financial, Inc. (GNW)
| Market Cap | 2.63B |
| Revenue (ttm) | 7.49B |
| Net Income (ttm) | 76.00M |
| Shares Out | 439.46M |
| EPS (ttm) | 0.16 |
| PE Ratio | 37.44 |
| Forward PE | 7.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,179,821 |
| Open | 5.89 |
| Previous Close | 5.88 |
| Day's Range | 5.84 - 6.00 |
| 52-Week Range | 4.51 - 6.93 |
| Beta | 1.07 |
| Analysts | Hold |
| Price Target | 7.00 (+16.86%) |
| Earnings Date | May 1, 2024 |
About GNW
Genworth Financial, Inc., together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The Long-Term Care Insurance segment offers long-term care insurance products that are intended to protect against the si... [Read more]
Financial Performance
In 2023, GNW's revenue was $7.49 billion, a decrease of -0.09% compared to the previous year's $7.50 billion. Earnings were $76.00 million, a decrease of -91.70%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GNW stock is "Hold" and the 12-month stock price forecast is $7.0.
News
Genworth Financial Schedules Earnings Conference Call for May 2
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Schedules Earnings Conference Call for May 2.
Genworth Financial Announces Fourth Quarter 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial announces fourth quarter 2023 results.
CareScout, a Genworth Company, Aims to Redefine Quality and Build Trust in Long-Term Care
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Introducing the CareScout Quality Network, a group of long-term care providers who meet high standards for quality, person-centered care.
Genworth Financial Schedules Earnings Conference Call for February 22
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announces its fourth quarter 2023 earnings conference call for February 22, 2024 at 9 a.m. (ET).
Genworth Financial Announces Third Quarter 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended September 30, 2023. “I am very pleased with Enact's continued stron...
Genworth Announces Completion of Bondholder Consent Solicitation
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announces successful completion of bondholder consent solicitation of 2034 Senior Notes to amend Replacement Capital Covenant.
Genworth Financial Schedules Earnings Conference Call for November 9
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth schedules third quarter earnings conference call for November 9.
Genworth Financial Announces Second Quarter 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Reports Second Quarter 2023 Results.
Genworth Financial Postpones Second Quarter 2023 Earnings Release
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Postpones Second Quarter 2023 Earnings Release.
Genworth Financial Announces $350 Million Expansion of Existing Share Repurchase Program
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Announces $350 Million Expansion of Existing Share Repurchase Program.
Genworth Financial Schedules Earnings Conference Call for August 2
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Schedules Earnings Conference Call for August 2.
MOVEit hack claims Calpers and Genworth as millions more victims impacted
The number of victims of the MOVEit hack grew by several million on Thursday after the biggest U.S. pension fund, Calpers, and insurer Genworth Financial said personal information of their members and...
Genworth says file-share hack won't impact business
Genworth Financial Inc. GNW, -1.58% said late Thursday it does not believe a security issue involving a file-transfer system has had a material effect on its business. In a filing with the Securities ...
Genworth Financial Announces Results of Annual Meeting
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announced the results of its 2023 annual meeting of stockholders.
Genworth Financial Announces First Quarter 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Announces First Quarter 2023 Results.
Genworth Financial Schedules Earnings Conference Call for May 4
RICHMOND, Va.
Insurance sector also taking a beating as bank stocks keep selling off
The crisis of investors confidence in banks has spilled over to the insurance sector, which has taken a beating in the past week. The SPDR S&P Insurance exchange-traded fund KIE, -3.10% slid 3.2% in m...
Genworth Financial Receives Ratings Upgrade from Moody's
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial, Inc. (NYSE: GNW) today announced the second ratings upgrade since its fourth quarter earnings results as Moody's Investors Servic...
Genworth Financial Receives Ratings Upgrades from S&P Global
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announced S&P Global Ratings has upgraded the Genworth Financial, Inc. and Genworth Holdings, Inc. issuer credit ratings from B+ to BB-.
Genworth Financial Announces Fourth Quarter 2022 Results
Enact segment fourth quarter adjusted operating income of $120 million, with 10 percent annual growth in primary insurance in-force. Received $168 million capital returns from Enact in the fourth quar...
Genworth Announces Update to Leadership Structure
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today announced an update to its senior leadership structure whereby it will separate the roles of Chief Financial Officer (CFO) an...
Genworth Financial Schedules Earnings Conference Call for February 7
RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing fourth quarter results after the market closes on February 6, 2023...
AM Best Upgrades Issuer Credit Ratings for Most of Genworth Financial, Inc.'s U.S. Life Subsidiaries; Downgrades Credit Ratings of Genworth Life and Annuity Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “b+” (Marginal) from “b” (Marginal) and affirmed the Financial Strength Rating (FSR) of C+...
Genworth Financial Schedules Earnings Conference Call For November 2nd
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Schedules Earnings Conference Call For November 2nd