The stock of Genworth Financial Inc (NYSE:GNW) last traded at $5.95, down -1.16% from the previous session.
GNW stock price is now -4.39% away from the 50-day moving average and -1.09% away from the 200-day moving average. The market capitalization of the company currently stands at $2.63B.
On May 05, 2016, Compass Point reiterated its ‘Buy’ rating on the stock by increasing its target price from $5.50 to quote $5.25, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, McInerney Thomas J, President and CEO; Director sold 200,000 shares of the company’s stock on Dec 04 ’23. The stock was sold for $1,235,400 at an average price of $6.18. Upon completion of the transaction, the President and CEO; Director now directly owns 3,270,010 shares in the company, valued at $19.46 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 11 ’23, President and CEO; Director McInerney Thomas J sold 200,000 shares of the business’s stock. A total of $1,201,200 was realized by selling the stock at an average price of $6.01. This leaves the insider owning 3,470,010 shares of the company worth $20.65 million. A total of 2.07% of the company’s stock is owned by insiders.
During the past 12 months, Genworth Financial Inc has had a low of $4.51 and a high of $6.93. According to the stock market information, the enterprise value for the company is $1.98B, which is based on a 5950.00 price-to-earnings ratio, a 1190.00 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for GNW is $6.22 and a two-hundred day moving average price translates $6.02 for the stock.
The latest earnings results from Genworth Financial Inc (NYSE: GNW) was released for Dec, 2023. According to the Insurance – Life Company, earnings per share came in at -$0.47, missing analysts’ expectations of $0.19 by -0.66. This compares to $0.85 EPS in the same period last year. The net profit margin was 0.23% and return on equity was 0.18% for GNW. The company reported revenue of $1.91 billion for the quarter, compared to $1.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.36 percent.
