Looking out over the past year, company shares have been recorded -33.97% off the 52 week high and 30.83% away from the low over the same period. Wells Fargo & Company reaffirmed a "hold" rating on shares of Genworth Financial in a research report on Tuesday, May 2nd.
Institutional investors have recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund now owns 174,906 shares of the financial services provider's stock valued at $721,000 after buying an additional 2,400 shares during the period.
Presently PayPal Holdings, Inc. Creative Planning increased its stake in Genworth Financial by 16.5% in the first quarter. Ajo Lp sold 11.64 million shares as the company's stock declined 8.54% while stock markets rallied. Perhaps, that suggests something about why 68.70% of the outstanding share supply is held by institutional investors. The company generated a return on equity (ROE) of -1.30%. The consensus recommendation for stock is 3.00. About 4.33M shares traded or 4.59% up from the average.
Shares of Genworth Financial Inc (GNW) traded up 4.65% during midday trading on Friday, reaching $3.60. It has underperformed by 13.29% the S&P500. Finally, BidaskClub downgraded shares of Genworth Financial from a "hold" rating to a "sell" rating in a research report on Tuesday. Therefore 13% are positive.
Genworth Financial, Inc. (GNW) is expected to post revenue of $2.12 Billion in the current quarter, according to consensus of 3 analysts. The firm has "Buy" rating by Compass Point given on Monday, August 10. The firm has "Neutral" rating by UBS given on Monday, June 6. The firm has "Neutral" rating by UBS given on Tuesday, September 8. The stock of Genworth Financial Inc (NYSE:GNW) earned " rating by Wood on Wednesday, September 2. Zacks Investment Research upgraded shares of Genworth Financial from a "strong sell" rating to a "hold" rating in a report on Tuesday, March 28th. As per Wednesday, April 12, the company rating was maintained by Credit Suisse. Also Law360.com published the news titled: "Genworth Agrees To $20M Settlement In Suit Over Unit's IPO" on June 22, 2017. Mount Vernon Assoc Inc Md reported 0.68% in Genworth Financial Inc (NYSE:GNW).More news: Nelsan Ellis' Family Reveals More Details About His Death
Many analysts have provided their estimated foresights on Genworth Financial, Inc. GNW's profit will be $105.90 million for 3.97 P/E if the $0.22 EPS becomes a reality. This forecast is a point estimate that provides investors with a benchmark against which to directly compare stock price in the short run.Target prices made by analysts employed by large brokers, who have access to a greater resource pool, are more likely to be met over the 12-month forecast period. Cambridge Investment Research Advisors Inc. raised its position in shares of Genworth Financial by 17.7% in the first quarter.
Investors sentiment decreased to 0.95 in 2016 Q4. Its up 0.01, from 1.02 in 2016Q3. Earnings per share serves as an indicator of a company's profitability. Share performance for the month is now at -6.95%. Wellington Management Group LLP boosted its position in shares of Genworth Financial by 0.3% in the first quarter.
More notable recent Honeywell International Inc. Dreman Value Mgmt L L C reported 95,771 shares.
Earnings per share is generally considered to be the single most important variable in determining a share's price. The stock has an average rating of "Hold" and an average price target of $4.17. Weaver C Barksdale & Assocs stated it has 11,617 shares or 0.07% of all its holdings. Norinchukin Comml Bank The, Japan-based fund reported 13,309 shares. Hsbc Plc invested in 0% or 134,328 shares.
For the trailing twelve months, Vereit Inc (NYSE:VER) earned an income of $-140.80 Million, on revenues of $1.43 Billion. Shares of ANF have sank -15.46% in the past three months, while the S&P 500 has dropped -14.8% in that time. It also reduced its holding in Marvell Technology Group Ltd (NASDAQ:MRVL) by 162,500 shares in the quarter, leaving it with 100,000 shares, and cut its stake in Inteliquent Inc (NASDAQ:IQNT). 1 equities equity analyst has recommended the share with a sell recommendation, eight have issued a hold recommendation and 1 has issued a buy recommendation to The corporation. It was reported on Jul, 12 by Barchart.com. RBC Capital Markets maintained the shares of SERV in report on Wednesday, August 5 with "Sector Perform" rating. The rating was initiated by Barclays Capital on Thursday, October 29 with "Underweight".