Genworth Financial Stock Today

GNW Stock  USD 6.40  0.13  2.07%   

Performance

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Odds Of Distress

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Genworth Financial is selling for under 6.40 as of the 28th of March 2024; that is 2.07% increase since the beginning of the trading day. The stock's lowest day price was 6.3. Genworth Financial has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Genworth Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
25th of May 2004
Category
Financial Services
Classification
Financials
Genworth Financial, Inc. provides insurance products in the United States and internationally. The company was founded in 1871 and is headquartered in Richmond, Virginia. Genworth Financial operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. The company has 442.62 M outstanding shares of which 8.43 M shares are currently shorted by investors with about 2.89 days to cover. More on Genworth Financial

Moving against Genworth Stock

  0.78ABL Abacus Life Symbol ChangePairCorr
  0.68MET-PF MetLife Preferred StockPairCorr
  0.67AXAHY Axa SA ADRPairCorr
  0.47MET-PA MetLife Preferred StockPairCorr
  0.47MET-PE MetLife Preferred StockPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Genworth Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Genworth Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Genworth Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOThomas McInerney
Thematic IdeaFinTech (View all Themes)
Old NameGENESEE & WYOMING-A
Business ConcentrationLife & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, SP Small-Cap 600, FinTech, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Genworth Financial report their recommendations after researching Genworth Financial's financial statements, talking to executives and customers, or listening in on Genworth Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Genworth Financial. The Genworth consensus assessment is calculated by taking the average forecast from all of the analysts covering Genworth Financial.
Financial Strength
Based on the analysis of Genworth Financial's profitability, liquidity, and operating efficiency, Genworth Financial is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. Financial strength of Genworth Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.10.0961
Sufficiently Up
Very volatile
Gross Profit Margin0.860.97
Fairly Down
Slightly volatile
Non Current Liabilities Total86.1 B82 B
Sufficiently Up
Slightly volatile
Total Assets83.9 B72 B
Fairly Up
Slightly volatile
Total Current AssetsB4.2 B
Notably Down
Slightly volatile
Total Cash From Operating Activities567.1 M597 M
Notably Down
Slightly volatile
Genworth Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Genworth Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Genworth Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Genworth Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Genworth Financial's financial leverage. It provides some insight into what part of Genworth Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Genworth Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Genworth Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Genworth Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.63 B in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Genworth Financial has a current ratio of 1.39, which is typical for the industry and considered as normal. Debt can assist Genworth Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Genworth Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genworth Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genworth to invest in growth at high rates of return. When we think about Genworth Financial's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

(1.52 Billion)
Genworth Financial (GNW) is traded on New York Stock Exchange in USA. It is located in 6620 West Broad Street, Richmond, VA, United States, 23230 and employs 2,700 people. Genworth Financial is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Genworth Financial's market, we take the total number of its shares issued and multiply it by Genworth Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Genworth Financial runs under Insurance sector within Financials industry. The entity has 442.62 M outstanding shares of which 8.43 M shares are currently shorted by investors with about 2.89 days to cover. Genworth Financial has about 1.8 B in cash with 597 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.58.
Check Genworth Financial Probability Of Bankruptcy
Ownership Allocation
Genworth Financial has a total of 442.62 Million outstanding shares. The majority of Genworth Financial outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Genworth Financial to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Genworth Financial. Please pay attention to any change in the institutional holdings of Genworth Financial as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Genworth Ownership Details

Genworth Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Genworth Financial jumping above the current price in 90 days from now is about 34.78%. The Genworth Financial probability density function shows the probability of Genworth Financial stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4309. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Genworth Financial will likely underperform. Additionally, genworth Financial has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 6.4HorizonTargetOdds Above 6.4
64.93%90 days
 6.40 
34.78%
Based on a normal probability distribution, the odds of Genworth Financial to move above the current price in 90 days from now is about 34.78 (This Genworth Financial probability density function shows the probability of Genworth Stock to fall within a particular range of prices over 90 days) .

Genworth Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Genworth Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Genworth Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Genworth Financial's value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
5.4 M
Amvescap Plc.2023-12-31
5.1 M
Charles Schwab Investment Management Inc2023-12-31
M
Shah Capital Management2023-12-31
4.7 M
Fmr Inc2023-12-31
M
Bank Of New York Mellon Corp2023-12-31
M
Prudential Financial Inc2023-12-31
3.9 M
Arrowstreet Capital Limited Partnership2023-12-31
3.6 M
Norges Bank2023-12-31
3.5 M
Blackrock Inc2023-12-31
66.1 M
Vanguard Group Inc2023-12-31
52.9 M
View Genworth Financial Diagnostics

Genworth Financial Historical Income Statement

Genworth Financial Income Statement is one of the three primary financial statements used for reporting Genworth's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Genworth Financial revenue and expense. Genworth Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Genworth Financial's Total Revenue is fairly stable compared to the past year. Gross Profit is likely to climb to about 7.7 B in 2024, whereas Interest Expense is likely to drop slightly above 112.1 M in 2024. View More Fundamentals

Genworth Stock Against Markets

Picking the right benchmark for Genworth Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Genworth Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Genworth Financial is critical whether you are bullish or bearish towards Genworth Financial at a given time. Please also check how Genworth Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Genworth Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Genworth Financial Corporate Directors

Genworth Financial corporate directors refer to members of a Genworth Financial board of directors. The board of directors generally takes responsibility for the Genworth Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Genworth Financial's board members must vote for the resolution. The Genworth Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Christine MeadIndependent DirectorProfile
William BolinderIndependent DirectorProfile
Kent ConradIndependent DirectorProfile
Nancy KarchIndependent DirectorProfile

How to buy Genworth Stock?

Before investing in Genworth Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Genworth Financial. To buy Genworth Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Genworth Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Genworth Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Genworth Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Genworth Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Genworth Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.

Already Invested in Genworth Financial?

The danger of trading Genworth Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Genworth Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Genworth Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Genworth Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Genworth Financial is a strong investment it is important to analyze Genworth Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genworth Financial's future performance. For an informed investment choice regarding Genworth Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Genworth Financial's price analysis, check to measure Genworth Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Is Genworth Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genworth Financial. If investors know Genworth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genworth Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.16
Revenue Per Share
15.973
Quarterly Revenue Growth
0.024
Return On Assets
0.0029
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.