BTIG Research reiterated their hold rating on shares of Genworth Financial (NYSE:GNW) in a report issued on Sunday morning, TipRanks reports.
GNW opened at $2.20 on Friday. The business’s 50 day moving average is $2.89 and its 200-day moving average is $3.65. The stock has a market cap of $1.13 billion, a PE ratio of 10.48 and a beta of 1.23. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.19. Genworth Financial has a twelve month low of $1.87 and a twelve month high of $4.93.
Genworth Financial (NYSE:GNW) last released its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.18). The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.99 billion. Genworth Financial had a net margin of 1.28% and a return on equity of 2.51%. The business’s quarterly revenue was down 9.8% on a year-over-year basis. During the same period last year, the firm posted $0.19 EPS.
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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