Genworth Financial Inc. (NYSE: GNW) is -52.50% lower on its value in year-to-date trading and has touched a low of $1.87 and a high of $4.93 in the current 52-week trading range. The GNW stock was last observed hovering at around $2.09 in the recent trading session, with the current loss setting it -0.03% off its average median price target of $3.00 for the next 12 months. It is also 31.33% off the consensus price target high of $3.00 offered by analysts, but current levels are 31.33% higher than the price target low of $3.00 for the same period.
At last check, trading at $2.06, the stock is -18.19% and -29.08% below its SMA20 and SMA50 respectively. However, with a current trading volume of 0.6 million and changing -1.44% at the moment leaves the stock -45.61% off its SMA200. GNW registered -47.22% loss for a year compared to 6-month loss of -52.93%. The firm has a 50-day simple moving average (SMA 50) of $2.8248 and a 200-day simple moving average (SMA200) of $3.5885.
The stock witnessed a -37.61% gain in the last 1 month and extending the period to 3 months gives it a -41.62%, and is -8.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.24% over the week and 7.32% over the month.
Genworth Financial Inc. (GNW) has around 3100 employees, a market worth around $1.05B and $7.89B in sales. Current P/E ratio is 4.45 and Fwd P/E is 5.44. Distance from 52-week low is 10.16% and -58.22% from its 52-week high. The company has generated returns on investments over the last 12 months (4.30%).
Genworth Financial Inc. (GNW) Analyst Forecasts
Genworth Financial Inc. quarterly earnings per share for the current quarter are estimated at $0.01 with sales reaching $1.98B over the same period.The EPS is expected to shrink by -71.60% this year, but quarterly earnings will post -4.30% year-over-year. Quarterly sales are estimated to shrink -6.60% in year-over-year returns.
Genworth Financial Inc. (GNW) Top Institutional Holders
358 institutions hold shares in Genworth Financial Inc. (GNW), with 4.86M shares held by insiders accounting for 0.96% while institutional investors hold 74.07% of the company’s shares. The shares outstanding are 504.30M, and float is at 499.96M with Short Float at 4.29%. Institutions hold 73.36% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 58.9 million shares valued at $195.53 million. The investor’s holdings represent 11.66% of the GNW Shares outstanding. As of Mar 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 48.13 million shares valued at $159.78 million to account for 9.53% of the shares outstanding. The other top investors are State Street Corporation which holds 18.48 million shares representing 3.66% and valued at over $61.35 million, while TIG Advisors, LLC holds 2.96% of the shares totaling 14.94 million with a market value of $49.61 million.
Genworth Financial Inc. (GNW) Insider Activity
A total of 32 insider transactions have happened at Genworth Financial Inc. (GNW) in the last six months, with sales accounting for 16 and purchases happening 16 times.
Genworth Financial Inc. (GNW): Who are the competitors?
The company’s main competitors (and peers) include Independence Holding Company (IHC) that is trading -21.27% down over the past 12 months. Atlantic American Corporation (AAME) is -28.96% down on the 1-year trading charts. Short interest in the company’s stock has risen 2.57% from the last report on May 14, 2020 to stand at a total of 20.89 million short shares sold with a short interest ratio of 4.32.