Genworth Financial Inc. (GNW)

NYSE: GNW · IEX Real-Time Price · USD
3.68
+0.17 (4.84%)
Sep 28, 2022 4:00 PM EDT - Market closed
4.84%
Market Cap 1.85B
Revenue (ttm) 7.58B
Net Income (ttm) 807.00M
Shares Out 503.72M
EPS (ttm) 1.47
PE Ratio 2.50
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,226,325
Open 3.53
Previous Close 3.51
Day's Range 3.51 - 3.72
52-Week Range 3.43 - 4.61
Beta 0.96
Analysts Sell
Price Target 5.10 (+38.6%)
Earnings Date Oct 31, 2022

About GNW

Genworth Financial, Inc. provides insurance products in the United States and internationally. The company operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable... [Read more...]

Industry Insurance
IPO Date May 25, 2004
CEO Thomas McInerney
Employees 2,500
Stock Exchange NYSE
Ticker Symbol GNW
Full Company Profile

Financial Performance

In 2021, GNW's revenue was $7.83 billion, a decrease of -5.46% compared to the previous year's $8.28 billion. Earnings were $904.00 million, an increase of 407.87%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for GNW stock is "Sell." The 12-month stock price forecast is 5.1, which is an increase of 38.59% from the latest price.

Price Target
$5.1
(38.59% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Genworth Completes Redemption of Outstanding 2024 Senior Notes

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announces completion of redemption of outstanding 2024 senior notes.

1 week ago - Business Wire

Genworth Announces Redemption of Outstanding 2024 Senior Notes

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial, Inc. announced Genworth Holdings, Inc. has issued a notice of redemption for all of its outstanding 4.800% Senior Notes due 2024.

1 month ago - Business Wire

Is Buying Long-Term Care Insurance Worth It?

Seventy percent of all current retirees will require some form of long-term care in old age.

Other symbols: MET
1 month ago - The Motley Fool

Genworth Financial Announces Second Quarter 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended June 30, 2022. The company reported net income1 of $181 million, or $0.35 per d...

1 month ago - Business Wire

Genworth Financial Receives Rating Upgrade from Moody's

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial receives two-notch rating upgrade from Moody's

2 months ago - Business Wire

Genworth Financial Schedules Earnings Conference Call For August 2nd

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW--Genworth Financial Schedules Earnings Conference Call For August 2nd

2 months ago - Business Wire

3 Cheap Stocks That Look Like Screaming Buys Right Now

This bear market is a good chance to buy stocks with long-term trends pointing towards success. Here are three cheap stocks to buy.

Other symbols: PSECSNEX
3 months ago - InvestorPlace

Genworth Financial Announces Results of Annual Meeting

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announced the results of its 2022 Annual Meeting of Stockholders.

4 months ago - Business Wire

7 of the Most Undervalued Mid-Cap Stocks to Buy Now

Here are seven undervalued mid-cap stocks that are likely to benefit from stable or increasing consumer demand. The post 7 of the Most Undervalued Mid-Cap Stocks to Buy Now appeared first on InvestorPlace.

Other symbols: AAASOFBHSKBHKGCOC
4 months ago - InvestorPlace

Genworth Financial Announces First Quarter 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial Announces First Quarter 2022 Results

4 months ago - Business Wire

Genworth Financial Announces $350 Million Share Repurchase Authorization

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial, Inc. (NYSE: GNW) today announced that its Board of Directors has authorized a share repurchase program under which Genworth may rep...

4 months ago - Business Wire

Genworth Financial Schedules Earnings Conference Call For May 4th

RICHMOND, Va.--(BUSINESS WIRE)--Genworth Financial Schedules First Quarter Earnings Conference Call For May 4th

Other symbols: ACT
5 months ago - Business Wire

Genworth Financial Announces Election of Elaine Sarsynski to Board of Directors

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announced the election of Elaine Sarsynski to its Board of Directors, as well as current board member Debra Perry's intent to retire in May.

6 months ago - Business Wire

Genworth Financial Receives Ratings Upgrade From S&P

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--S&P Global Ratings has upgraded the issuer credit ratings of Genworth Financial, Inc. and Genworth Holdings, Inc. to B+ from B.

6 months ago - Business Wire

Genworth's 2021 Cost of Care Survey: Long-Term Care Costs Increase Due to Labor Market Shifts and Costs Associated wi...

RICHMOND, Va.--(BUSINESS WIRE)-- #CostOfCare--Genworth's 2021 Cost of Care Survey finds long-term care costs increase due to labor market shifts & costs associated with continued COVID-19 response

7 months ago - Business Wire

Genworth Financial Announces Fourth Quarter 2021 Results

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth Financial Announces Fourth Quarter 2021 Results

7 months ago - Business Wire

Genworth Financial Schedules Earnings Conference Call For February 2nd

RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #Genworth--Genworth Financial, Inc. will issue its fourth quarter earnings release on Feb 1, 2022. A conference call will be held on Feb 2, 2022 at 9 a.m. (ET).

8 months ago - Business Wire

Robot Portfolio: Value in the Extreme

Investors are keenly aware that growth stocks have beaten value stocks five years in a row. So what am I going to recommend today?

8 months ago - GuruFocus

Genworth Completes Redemption of Outstanding 2023 Senior Notes

RICHMOND, Va., Dec. 15, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) ("Genworth"), announced today that Genworth Holdings, Inc. ("Genworth Holdings"), its direct wholly-owned subsidiary, ha...

Other symbols: ACT
9 months ago - PRNewsWire

Genworth Announces Redemption of Outstanding 2023 Senior Notes

RICHMOND, Va., Nov. 15, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) ("Genworth"), announced today that Genworth Holdings, Inc. ("Genworth Holdings"), its direct wholly-owned subsidiary, ha...

10 months ago - PRNewsWire

4 Stocks Now Trading Below Book Value

These four stocks, some NASDAQ-traded, some NYSE-listed, are so out-of-favor with investors that each one now trades at less than its book value. That is, when liabilities are subtracted from assets, th...

Other symbols: AAWWBWENTRQ
10 months ago - GuruFocus

9 Moonshot Bets to Beat Hedge Funds at Their Own Game

Beating the market is hard, but it can be made easier by using the right set of tools. Here are the metrics to analyze penny stocks.

11 months ago - InvestorPlace

Genworth Financial Schedules Earnings Conference Call For November 3rd

RICHMOND, Va., Oct. 8, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing third quarter results after the market closes on November ...

Other symbols: ACT
11 months ago - PRNewsWire

Genworth Financial Receives Ratings Upgrades from Moody's and S&P

RICHMOND, Va., Sept. 27, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) (Genworth) today announced that ratings agencies have recently made several updates to various ratings and outlooks for...

1 year ago - PRNewsWire

Genworth Financial Announces Retirement in Full of its Promissory Note with AXA

RICHMOND, Va., Sept. 21, 2021 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) (Genworth) today announced that it has successfully retired in full the outstanding balance on its Promissory Note with...

1 year ago - PRNewsWire