News articles about Genworth Financial (NYSE:GNW) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Genworth Financial earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.7616005201948 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Movers to Watch- FirstEnergy Corp. (NYSE:FE), Genworth Financial, Inc. (NYSE:GNW), The Bank of Nova Scotia … (journalfinance.net)
- The Safest Portfolio Is The One That’s Just Been Raised: Genworth Financial, Inc. (GNW) (nmsunews.com)
- Reading Analyst Stock Recommendation: Genworth Financial, Inc. (GNW) (nasdaqplace.com)
- Fast-Moving Stocks: Genworth Financial, Inc. (NYSE:GNW), Immune Design Corp. (NASDAQ:IMDZ), Centrais Eletricas … (thestreetpoint.com)
- Head to Head Survey: Genworth Financial (GNW) and GWG (GWGH) (americanbankingnews.com)
Several research firms have recently issued reports on GNW. Zacks Investment Research raised shares of Genworth Financial from a “hold” rating to a “strong-buy” rating and set a $5.25 price objective for the company in a research report on Friday, August 3rd. ValuEngine cut shares of Genworth Financial from a “sell” rating to a “strong sell” rating in a research report on Monday, July 2nd. BTIG Research reaffirmed a “hold” rating on shares of Genworth Financial in a research report on Tuesday, June 12th. Finally, Wells Fargo & Co reaffirmed a “hold” rating and set a $5.00 price objective (up from $3.00) on shares of Genworth Financial in a research report on Wednesday, June 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Genworth Financial has a consensus rating of “Hold” and an average price target of $4.75.
Genworth Financial stock opened at $4.63 on Thursday. The firm has a market cap of $2.33 billion, a PE ratio of 3.33 and a beta of 2.40. Genworth Financial has a 12-month low of $2.66 and a 12-month high of $4.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.27 and a quick ratio of 0.27.
Genworth Financial (NYSE:GNW) last released its quarterly earnings data on Tuesday, July 31st. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.13. The business had revenue of $2.16 billion during the quarter, compared to analysts’ expectations of $2.15 billion. Genworth Financial had a net margin of 9.32% and a return on equity of 4.85%. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.30 EPS. sell-side analysts forecast that Genworth Financial will post 1.11 earnings per share for the current year.
Genworth Financial Company Profile
Genworth Financial, Inc provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans.
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