Voya Financial (VOYA) Given News Impact Score of 0.24

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Headlines about Voya Financial (NYSE:VOYA) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Voya Financial earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned headlines about the asset manager an impact score of 45.235459475355 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news headlines that may have effected Accern’s scoring:

Shares of NYSE:VOYA opened at $49.04 on Friday. Voya Financial has a 1 year low of $35.82 and a 1 year high of $55.27. The stock has a market cap of $8.04 billion, a P/E ratio of 16.29, a price-to-earnings-growth ratio of 0.65 and a beta of 1.41. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.59.

Voya Financial (NYSE:VOYA) last announced its quarterly earnings results on Wednesday, August 1st. The asset manager reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.04. Voya Financial had a positive return on equity of 5.07% and a negative net margin of 27.27%. The company had revenue of $238.00 million for the quarter, compared to the consensus estimate of $302.38 million. During the same quarter in the previous year, the business earned $0.89 EPS. analysts expect that Voya Financial will post 4.3 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 27th. Investors of record on Friday, August 31st will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.08%. Voya Financial’s dividend payout ratio is presently 1.33%.

VOYA has been the subject of a number of recent research reports. Goldman Sachs Group initiated coverage on Voya Financial in a research note on Wednesday, June 20th. They issued a “neutral” rating and a $60.00 target price for the company. Barclays lowered their target price on Voya Financial from $55.00 to $53.00 and set an “equal weight” rating for the company in a research note on Monday, July 9th. Credit Suisse Group boosted their target price on Voya Financial from $60.00 to $62.00 and gave the company an “outperform” rating in a research note on Friday, August 17th. Wells Fargo & Co reissued a “buy” rating and issued a $64.00 target price on shares of Voya Financial in a research note on Monday, June 4th. Finally, ValuEngine lowered Voya Financial from a “buy” rating to a “hold” rating in a research note on Thursday, June 28th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $59.46.

About Voya Financial

Voya Financial, Inc operates as a retirement, investment, and insurance company in the United States. It operates through Retirement, Investment Management, Individual Life, and Employee Benefits segments. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual account rollover plans and other retail financial products, as well as financial planning and advisory services.

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