Economy

Genworth Financial (GNW) Receives Coverage Optimism Rating of 0.19

Can owned 0.09% of Genworth Financial worth $1,695,000 as of its most recent SEC filing.

Want to see what other hedge funds are holding GNW?

Genworth Financial, Inc (Genworth) is a financial security company. Oppenheimer & Co. Inc. now owns 62,726 shares of the financial services provider's stock worth $258,000 after purchasing an additional 9,495 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Genworth Financial by 17.8% in the 1st quarter. Prudential Financial Inc. now owns 5,409,753 shares of the financial services provider's stock worth $22,289,000 after buying an additional 1,406,640 shares in the last quarter.

Northwestern Mutual Investment Management Company, LLC downsized its position by shedding 8 shares a decrease of 0.0% from 03/31/2017 to 06/30/2017. Saba Capital Management L.P. now owns 2,588,820 shares of the financial services provider's stock worth $10,666,000 after purchasing an additional 1,187,801 shares during the last quarter. Gotham Asset Management LLC lifted its position in shares of Genworth Financial by 37.0% in the 1st quarter.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.

The following firms have also recently changed their position in GNW. Wells Fargo & Company restated a "hold" rating on shares of Genworth Financial in a research report on Tuesday, August 1st. The stock of Genworth Financial Inc (NYSE:GNW) earned "Sell" rating by UBS on Wednesday, November 4. Finally, BidaskClub upgraded Genworth Financial from a "sell" rating to a "hold" rating in a research note on Tuesday, June 13th. A 30 analysts rate it as either a buy or a strong buy, while1 believe that investors should either steer clear of MA or, if they already own its stock, sell it. About shares traded. Genworth Financial Inc (NYSE:GNW) has risen 3.41% since September 6, 2016 and is uptrending.

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09/01/2016 - Genworth Financial Inc had its "market perform" rating reiterated by analysts at Keefe, Bruyette & Woods.

The stock diminished about -1.01% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well. The average 1-year price target for (GNW) reveals an average price target of $3.88 per share.

The highest price GNW stock touched in the last 12 month was $5.27 and the lowest price it hit in the same period was $3.23. For the outlook of the current financial quarter, Analysts think the firm will post 0.57 earnings per share. (GNW) is $3.88/share according to the consensus of analysts working on the stock, with an expected EPS of $0.22/share for the current quarter. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.14 billion. Past 5 years growth of Genworth Financial Inc (NYSE:GNW) observed at -1.01%, looking forward for the next 5 years it has a strong prediction of 5% over growth.

While considering growth estimates of the company, it has next quarter growth estimates of 181.5% whereas during current quarter it has 127.2% estimations over growth, comparing to the estimations of 263.5% during current year and -11.7% for next year. Also, the number of investment professionals holding Genworth Financial Inc in their top 10 holdings increased from 2 to 3 for an increase of 1.

Genworth Financial, Inc. (GNW)'s RSI (Relative strength index) is at 44.25, its ATR (Average True Range) value is 0.11, while its Beta factor was calculated at 2.66.

Genworth Financial, Inc. provides mortgage insurance products that allow people to purchase homes.



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