Streetbeat News

GNW

Genworth Financial, Inc.

https://www.genworth.com

Industry

Insurance - Life

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 annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.

Open

7.36

Mkt cap

3.2B

Volume

1.9M

High

7.44

P/E Ratio

28.50

52-wk high

7.48

Low

7.34

Div yield

N/A

52-wk low

5.67

Genworth Finl (NYSE:GNW) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts estimating an EPS of $0.19. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, affecting its stock price variably. Shares of Genworth Finl were trading at $6.13 as of February 19, with a 1.5% increase over the last 52 weeks. Investors are particularly focused on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 6:00 pm

In Monday's intraday session, insurance stocks saw movement with Hippo Holdings, eHealth, Lemonade, GoHealth, FG Finl Gr, and ProAssurance experiencing gains, while Huize Holding, Fanhua, Genworth Finl, Aegon, Crawford, and Brookfield Reinsurance faced declines. The changes in stock prices were not accompanied by significant changes in trading volume, which remained at 0% of the average full-day volume over the last 100 days for all mentioned stocks.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 5:40 pm

In Tuesday's intraday session, insurance stocks saw movement with Abacus Life (ABL), American Financial Group (AFGE), Oxbridge Re Holdings (OXBR), Crawford (CRD), Kinsale Cap Gr (KNSL), and Citizens (CIA) recording gains, while Huize Holding (HUIZ), Maiden Hldgs (MHLD), SelectQuote (SLQT), eHealth (EHTH), Lemonade (LMND), and Genworth Finl (GNW) experienced losses. Volume traded for these stocks was reported to be 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 5:40 pm

In Monday's intraday session, insurance stocks saw movement with Waterdrop, Hippo Holdings, Goosehead Insurance, Citizens, Genworth Financial, and Root experiencing gains, while Reliance Global Group, Abacus Life, Fanhua, American Coastal, GoHealth, and FG Financial Group faced declines. The movements were attributed to trading volumes and recent Q3 earnings reports for some companies.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 5:40 pm

Genworth Financial reported worse-than-expected Q3 sales results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:47 pm

Genworth's Q3 2023 earnings per share (EPS) of $0.09 fell short of the $0.22 estimate. Additionally, the company's revenue of $1.831 billion also missed the $1.96 billion estimate.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:06 pm

Benzinga Insights has identified several value stocks in the financial services sector that may be worth watching. These include Genworth Finl (GNW), Banco De Chile (BCH), Princeton Bancorp (BPRN), Invesco (IVZ), and Business First Bancshares (BFST). The companies have shown varying performance in Q2 earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 2:48 pm

During Tuesday's intraday session, several insurance stocks experienced significant movement. Gainers included Abacus Life (ABL), Conifer Holdings (CNFR), HCI Group (HCI), Universal Insurance Hldgs (UVE), Reliance Global Group (RELI), and Hagerty (HGTY). Losers included Marpai (MRAI), Oscar Health (OSCR), Genworth Finl (GNW), Waterdrop (WDH), MetLife (MET), and MBIA (MBI).

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 5:40 pm

Genworth Financial (NYSE:GNW) reported Q2 earnings of $0.18 per share, beating the analyst consensus estimate of $0.17 by 5.88%. However, this is a 47.06% decrease from the same period last year. The company also reported quarterly sales of $1.89 billion, beating the estimate of $1.88 billion by 0.64%, a 0.58% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:26 pm

Genworth Financial has authorized an additional $350 million under its existing share repurchase program. This move is expected to return value to shareholders and shows confidence in the company's financial stability.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 5:09 am

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