Genworth Financial, Inc. (GNW)

NYSE: GNW · Real-Time Price · USD
7.77
+0.15 (1.97%)
Nov 22, 2024, 4:00 PM EST - Market closed
1.97%
Market Cap 3.32B
Revenue (ttm) 7.43B
Net Income (ttm) 88.00M
Shares Out 427.03M
EPS (ttm) 0.20
PE Ratio 38.84
Forward PE 10.33
Dividend n/a
Ex-Dividend Date n/a
Volume 2,454,235
Open 7.62
Previous Close 7.62
Day's Range 7.62 - 7.77
52-Week Range 5.67 - 7.77
Beta 0.95
Analysts Hold
Price Target 7.00 (-9.91%)
Earnings Date Nov 6, 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]

Sector Financials
IPO Date May 25, 2004
Employees 2,700
Stock Exchange NYSE
Ticker Symbol GNW
Full Company Profile

Financial Performance

In 2023, Genworth Financial'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 Statements

Analyst Forecast

According to one analyst, the rating for GNW stock is "Hold" and the 12-month stock price forecast is $7.0.

Price Target
$7.0
(-9.91% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Stock Picks From Seeking Alpha's October 2024 New Analysts

In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, ...

14 days ago - Seeking Alpha

Genworth Financial, Inc. (GNW) Q3 2024 Earnings Call Transcript

Genworth Financial, Inc. (NYSE:GNW) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Brian Johnson - SVP, Financial Planning and Analysis Thomas McInerney - President...

15 days ago - Seeking Alpha

Genworth Financial Announces Third Quarter 2024 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial announces third quarter 2024 results.

16 days ago - Business Wire

Genworth Financial Schedules Earnings Conference Call for November 7

RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial, Inc. (NYSE: GNW) today announced it will issue its earnings release containing third quarter results after the market closes on November 6, 2024. A ...

6 weeks ago - Business Wire

A Failed Merger May Have Been Just What Genworth Financial Needed For A Turnaround

After seeing its stock price get cut in half over the last decade, Genworth Financial appears to be poised for a significant turnaround. The company's 80% ownership of Enact should make GNW trade just...

6 weeks ago - Seeking Alpha

AM Best Upgrades Issuer Credit Ratings of Genworth Financial, Inc. and Genworth Holdings, Inc., Affirms Credit Ratings of U.S. Life Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb-” (Fair) from “b+” (Marginal) of Genworth Financial, Inc. [NYSE: GNW] and ...

3 months ago - Business Wire

Genworth Financial, Inc. (GNW) Q2 2024 Earnings Call Transcript

Genworth Financial, Inc. (NYSE:GNW) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Brian Johnson - SVP of Financial Planning and Analysis Thomas McInerney - Presiden...

4 months ago - Seeking Alpha

Genworth Financial Announces Second Quarter 2024 Results

RICHMOND, Va.--(BUSINESS WIRE)--Genworth announces second quarter 2024 financial results.

4 months ago - Business Wire

Genworth Financial Schedules Earnings Conference Call for August 1

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial schedules earnings conference call for August 1, 2024.

4 months ago - Business Wire

Genworth Financial Announces Results of Annual Meeting

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial announces results of annual meeting.

6 months ago - Business Wire

Genworth Financial, Inc. (GNW) Q1 2024 Earnings Call Transcript

Genworth Financial, Inc. (NYSE:GNW) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Sarah Crews - Head, IR Thomas McInerney - President & CEO Jerome Upton - EVP & CFO Con...

7 months ago - Seeking Alpha

Genworth Financial Announces First Quarter 2024 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Announces First Quarter 2024 Results.

7 months ago - Business Wire

Genworth Financial Schedules Earnings Conference Call for May 2

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Schedules Earnings Conference Call for May 2.

8 months ago - Business Wire

Genworth Financial, Inc. (GNW) Q4 2023 Earnings Call Transcript

Genworth Financial, Inc. (GNW) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Genworth Financial Announces Fourth Quarter 2023 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial announces fourth quarter 2023 results.

9 months ago - Business Wire

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.

10 months ago - Business Wire

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).

10 months ago - Business Wire

Genworth's Sum Of The Parts May Be Greater Than The Whole

Genworth Financial shares have performed well over the past year, despite the company's struggles in the long-term care insurance business. The company's structure protects it from having to inject ca...

1 year ago - Seeking Alpha

Genworth Financial, Inc. (GNW) Q3 2023 Earnings Call Transcript

Genworth Financial, Inc. (NYSE:GNW) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Jerome Upton - EVP, CFO & Principal Financial Officer Thomas McInerney - Presiden...

1 year ago - Seeking Alpha

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...

1 year ago - Business Wire

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

Genworth Financial, Inc (GNW) Q2 2023 Earnings Call Transcript

Genworth Financial, Inc (NYSE:GNW) Q2 2023 Earnings Conference Call August 9, 2023 9:00 AM ET Company Participants Sarah Crews - Investor Relations Tom McInerney - President and Chief Executive Offic...

1 year ago - Seeking Alpha

Genworth Financial Announces Second Quarter 2023 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Reports Second Quarter 2023 Results.

1 year ago - Business Wire

Genworth Financial: Valuation Update

Genworth reports Q2 earnings this week. Heading into earnings, the company is fairly valued at $6.24/sh. Shareholders would benefit from a more aggressive reduction in the company's debt.

1 year ago - Seeking Alpha