Voya Financial (VOYA) Projected to Post Quarterly Earnings on Tuesday

Voya Financial (NYSE:VOYA) is expected to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Voya Financial to post earnings of $1.63 per share and revenue of $1.94 billion for the quarter.

Voya Financial (NYSE:VOYA) last issued its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.65). Voya Financial had a return on equity of 14.10% and a net margin of 8.29%. On average, analysts expect Voya Financial to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Voya Financial Trading Up 3.6 %

VOYA stock opened at $61.10 on Monday. The firm’s fifty day simple moving average is $63.52 and its two-hundred day simple moving average is $70.76. The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 0.48 and a beta of 0.95. The company has a quick ratio of 0.31, a current ratio of 0.30 and a debt-to-equity ratio of 0.59. Voya Financial has a twelve month low of $52.43 and a twelve month high of $84.30.

Voya Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Tuesday, May 27th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.95%. The ex-dividend date is Tuesday, May 27th. Voya Financial’s dividend payout ratio (DPR) is presently 29.41%.

Wall Street Analyst Weigh In

A number of brokerages have commented on VOYA. UBS Group dropped their target price on shares of Voya Financial from $94.00 to $89.00 and set a “buy” rating on the stock in a research note on Wednesday, April 2nd. Royal Bank of Canada reduced their price objective on Voya Financial from $90.00 to $85.00 and set an “outperform” rating on the stock in a report on Monday, February 3rd. Keefe, Bruyette & Woods lowered their target price on Voya Financial from $84.00 to $80.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Morgan Stanley upgraded Voya Financial from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $76.00 to $87.00 in a research note on Friday, February 28th. Finally, Wells Fargo & Company lowered their price objective on shares of Voya Financial from $79.00 to $69.00 and set an “equal weight” rating for the company in a research note on Thursday, April 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $80.92.

Voya Financial Company Profile

Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.