Genworth Financial Inc. (NYSE: GNW) is -6.36% lower on its value in year-to-date trading and has touched a low of $1.87 and a high of $4.84 in the current 52-week trading range. The GNW stock was last observed hovering at around $4.16 in the last trading session, with the day’s loss setting it -0.04% off its average median price target of $3.50 for the next 12 months. It is also -17.71% off the consensus price target high of $3.50 offered by 3 analysts, but current levels are -17.71% lower than the price target low of $3.50 for the same period.
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Currently trading at $4.12, the stock is -6.33% and -3.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.63 million and changing -0.96% at the moment leaves the stock 23.82% off its SMA200. GNW registered -6.36% loss for a year compared to 6-month gain of 85.59%. The firm has a 50-day simple moving average (SMA 50) of $4.4329 and a 200-day simple moving average (SMA200) of $3.3154.
The stock witnessed a -9.25% loss in the last 1 month and extending the period to 3 months gives it a 22.99%, and is 0.00% 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 4.31% over the week and 4.13% over the month.
Genworth Financial Inc. (GNW) has around 3100 employees, a market worth around $2.04B and $8.44B in sales. Current P/E ratio is 4.52 and Fwd P/E is 5.62. Profit margin for the company is -1.30%. Distance from 52-week low is 120.32% and -14.88% 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
Analyst recommendations provided by FactSet shows that the consensus forecast for Genworth Financial Inc. (GNW) is a “Hold”. 3 analysts offering their recommendations for the stock have an average rating of 3.00, where 3 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Genworth Financial Inc. is expected to release its quarterly report on 02/09/2021 and quarterly earnings per share for the current quarter are estimated at $0.16 with sales reaching $2.06B over the same period.The EPS is expected to shrink by -98.50% this year, but quarterly earnings will post 4.40% year-over-year. Quarterly sales are estimated to grow 0.90% in year-over-year returns.
Genworth Financial Inc. (GNW) Top Institutional Holders
350 institutions hold shares in Genworth Financial Inc. (GNW), with 5.04M shares held by insiders accounting for 1.00% while institutional investors hold 70.83% of the company’s shares. The shares outstanding are 505.60M, and float is at 500.56M with Short Float at 2.99%. Institutions hold 70.13% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 55.87 million shares valued at $187.18 million. The investor’s holdings represent 9.41% of the GNW Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 50.27 million shares valued at $168.39 million to account for 8.46% of the shares outstanding. The other top investors are State Street Corporation which holds 16.97 million shares representing 2.86% and valued at over $56.85 million, while FMR, LLC holds 2.46% of the shares totaling 14.61 million with a market value of $48.94 million.
Genworth Financial Inc. (GNW): Who are the competitors?
The company’s main competitors (and peers) include Independence Holding Company (IHC) that is trading -4.71% down over the past 12 months. Atlantic American Corporation (AAME) is 19.32% up on the 1-year trading charts. Short interest in the company’s stock has risen 20.25% from the last report on Nov 12, 2020 to stand at a total of 11.93 million short shares sold with a short interest ratio of 2.93.