Genworth Financial (GNW) is falling Wednesday after missing analysts' estimates for earnings in the second quarter and reporting low Long Term Care Insurance operating income for the quarter.
Full Answer
Who bought and sold Genworth Financial stock?
Apr 13, 2022 · What's going on at Genworth Financial (NYSE:GNW)? View breaking news headlines for GNW stock from trusted media outlets at MarketBeat.
What did ravensource fund say about Genworth Financial (GNW)?
Apr 01, 2022 · Genworth Financial Stock Forecast, Price & News $3.78 -0.06 (-1.56%) (As of 03/18/2022 07:22 PM ET) Today's Range $3.71 $3.79 50-Day Range $3.70 $4.45 52-Week Range $3.21 $4.61 Volume 5.94 million shs Average Volume 3.83 million shs Market Capitalization $1.92 billion P/E Ratio 2.14 Dividend Yield N/A Beta 0.93 Profile Analyst Ratings Chart
How much money does Genworth Financial make a year?
Outside the chaos caused by the Russian invasion, the stock price will eventually reflect the company's prospects. If you look two months out, you know the dividend from ACT is …
How much is a share of GNW worth?
Apr 15, 2022 · In 2021, Genworth sold its stake in its Australian mortgage insurance unit and successfully completed a partial IPO of its crown jewel U.S. mortgage insurer, both key milestones for our thesis....
How has Genworth Financial's stock been impacted by COVID-19 (Coronavirus)?
Genworth Financial's stock was trading at $4.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Heal...
When is Genworth Financial's next earnings date?
Genworth Financial is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings forecast for Genw...
How were Genworth Financial's earnings last quarter?
Genworth Financial, Inc. (NYSE:GNW) announced its earnings results on Tuesday, February, 1st. The financial services provider reported $0.32 EPS fo...
Who are Genworth Financial's key executives?
Genworth Financial's management team includes the following people: Thomas J. McInerney , President, Chief Executive Officer & Director ( Linked...
What is Thomas McInerney's approval rating as Genworth Financial's CEO?
216 employees have rated Genworth Financial CEO Thomas McInerney on Glassdoor.com . Thomas McInerney has an approval rating of 69% among Genworth...
Who are some of Genworth Financial's key competitors?
Some companies that are related to Genworth Financial include American International Group (AIG) , The Hartford Financial Services Group (HIG) ,...
What other stocks do shareholders of Genworth Financial own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Genworth Financial investors own include General Electric...
What is Genworth Financial's stock symbol?
Genworth Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNW."
Who are Genworth Financial's major shareholders?
Genworth Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.38%),...
Is Genworth Financial a buy right now?
1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genworth Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Genworth Financial stock.
What stocks does MarketBeat like better than Genworth Financial?
Wall Street analysts have given Genworth Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Genworth Financial wasn't one of them.
When is Genworth Financial's next earnings date?
Genworth Financial is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.#N#View our earnings forecast for Genworth Financial.
How were Genworth Financial's earnings last quarter?
Genworth Financial, Inc. (NYSE:GNW) posted its quarterly earnings results on Tuesday, August, 3rd. The financial services provider reported $0.38 EPS for the quarter, topping the Zacks' consensus estimate of $0.24 by $0.14.
How has Genworth Financial's stock price been impacted by COVID-19?
Genworth Financial's stock was trading at $4.30 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GNW shares have decreased by 13.5% and is now trading at $3.72.#N#View which stocks have been most impacted by COVID-19.
What is Thomas McInerney's approval rating as Genworth Financial's CEO?
216 employees have rated Genworth Financial CEO Thomas McInerney on Glassdoor.com. Thomas McInerney has an approval rating of 69% among Genworth Financial's employees.
Who are some of Genworth Financial's key competitors?
Some companies that are related to Genworth Financial include American International Group (AIG), The Hartford Financial Services Group (HIG), Loews (L), American Financial Group (AFG), Assurant (AIZ), American National Group (ANAT), Kemper (KMPR) and Horace Mann Educators (HMN).#N#View all of GNW's competitors.
After nearly four years it appears we are nearing the end of the company's long-running sale drama
Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials.
What happened
Genworth Financial ( NYSE:GNW) on Tuesday announced another extension to its proposed deal to be acquired by China Oceanwide Holdings, the 15th time the two sides have extended the deadline to complete a deal originally announced in 2016.
So what
The China Oceanwide/Genworth saga has rivaled a bad sitcom romance, but after nearly four years of drama it appears we might finally be heading toward a conclusion.
Now what
Genworth is also plotting out what steps it will take to raise cash and meet its obligations in the event the deal falls through. The company said it expects those steps to include a debt offering, as well as setting up the sale of a 19.9% stake in its U.S. mortgage insurance business via an initial public offering.
A long-awaited windfall just got a step closer for shareholders
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy
What happened
On a turbulent day for the stock market, insurer Genworth Financial ( NYSE:GNW) is among the biggest winners. As of noon EST, the insurer's shares are about 13% higher on the day.
So what
To be clear, shareholders have been waiting for a long time for the acquisition of Genworth to go through.
Now what
Take this news with a grain of salt. As mentioned, the deal has been delayed many times, and it's not inconceivable for the companies to encounter more resistance.
