Genworth Financial (GNW) Earning Somewhat Positive Media Coverage, Analysis Finds

News stories about Genworth Financial (NYSE:GNW) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Genworth Financial earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.9784252071392 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Genworth Financial (NYSE GNW) traded down 0.29% on Friday, reaching $3.48. The company had a trading volume of 2,488,703 shares. The stock’s market cap is $1.74 billion. Genworth Financial has a 12 month low of $3.23 and a 12 month high of $5.27. The stock has a 50-day moving average price of $3.54 and a 200-day moving average price of $3.75.

Genworth Financial (NYSE:GNW) last released its quarterly earnings results on Tuesday, August 1st. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.08. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.14 billion. Genworth Financial had a negative return on equity of 1.63% and a negative net margin of 1.66%. The company’s quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 EPS. Analysts predict that Genworth Financial will post $1.02 earnings per share for the current fiscal year.

GNW has been the subject of several recent research reports. BTIG Research reaffirmed a “neutral” rating on shares of Genworth Financial in a research report on Wednesday, April 19th. Wells Fargo & Company reaffirmed a “hold” rating on shares of Genworth Financial in a research report on Tuesday, May 2nd. Zacks Investment Research raised Genworth Financial from a “hold” rating to a “buy” rating and set a $4.25 price objective for the company in a research report on Thursday, May 4th. ValuEngine raised Genworth Financial from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd. Finally, BidaskClub raised Genworth Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $4.17.

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Genworth Financial Company Profile

Genworth Financial, Inc (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

Insider Buying and Selling by Quarter for Genworth Financial (NYSE:GNW)

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