Genworth Financial Inc (GNW) Debt Trading 2% Higher

The brokerage issued a buy rating on the financial services provider's stock.

Several other research firms also recently issued reports on GNW. Cetera Investment Advisers grew its position in shares of Genworth Financial by 59.6% during the 2nd quarter. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. A rating of 4 or 5 would represent a Sell recommendation. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. In terms of performance, year to date, the stock is 4.46%.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $3.88 on the stock, this valuation is based on 2 number of opinions. The firm has a 50 day moving average of $3.69 and a 200 day moving average of $4.22. Genworth Financial Inc has a 12 month low of $1.68 and a 12 month high of $5.27. Past 5 years growth of the company observed at -1.01%, and for the next five years the analysts that follow the company are expecting its growth at 5%.

Genworth Financial (NYSE:GNW) last released its quarterly earnings results on Tuesday, August 1st.

Having a peek at growth estimates of the company, Genworth Financial Inc (NYSE:GNW) has current quarter growth estimates of 127.2% however it has 181.5% estimations over growth for the next quarter. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.13 billion. Genworth Financial had a negative return on equity of 1.97% and a negative net margin of 3.31%. Next year this growth will reach 6.17% to attain $4.3. During the same period in the previous year, the company posted $0.39 EPS.

As of the last earnings report the EPS was $-0.29 and is estimated to be $1.03 for the current year with 499,143,000 shares now outstanding. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and global trademark and copyright law. The legal version of this piece can be read at

Large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers now owns 84,730 shares of the financial services provider's stock worth $320,000 after buying an additional 31,655 shares during the period. Genworth Financial's quarterly revenue was up 1.9% compared to the same quarter previous year. As of the end of the quarter Ubs Group Ag had sold a total of 82,923 shares trimming its position 49.3%. The Manufacturers Life Insurance Company grew its position in shares of Genworth Financial by 1.1% during the 2nd quarter. JPMorgan Chase & Co. increased its position in shares of Genworth Financial by 10.1% in the second quarter. Hedge funds and other institutional investors own 75.85% of the company's stock.

Genworth Financial, Inc (Genworth) is a financial security company.

Northwestern Mutual Investment Management Company, LLC trimmed its position by shedding 8 shares a decrease of 0.0% as of 06/30/2017. The company saw a fall in short interest between July 31, 2017 and August 15, 2017 of -12.23%. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

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