Research Analysts Set Expectations for GNW FY2026 Earnings

Genworth Financial, Inc. (NYSE:GNW) – Equities research analysts at DOWLING & PARTN issued their FY2026 earnings per share estimates for Genworth Financial in a report released on Wednesday, May 20th. DOWLING & PARTN analyst G. Dunn anticipates that the financial services provider will earn $0.44 per share for the year. DOWLING & PARTN also issued estimates for Genworth Financial’s FY2027 earnings at $0.46 EPS.

Genworth Financial (NYSE:GNW) last released its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. Genworth Financial had a return on equity of 1.73% and a net margin of 2.96%.The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.72 billion.

A number of other equities analysts also recently commented on GNW. Keefe, Bruyette & Woods increased their price objective on Genworth Financial from $10.50 to $11.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded Genworth Financial from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen downgraded Genworth Financial from a “hold” rating to a “sell” rating in a report on Sunday, May 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $11.00.

Genworth Financial Trading Down 1.9%

NYSE:GNW opened at $8.85 on Thursday. The stock’s 50 day moving average price is $8.70 and its 200 day moving average price is $8.68. Genworth Financial has a 52 week low of $6.72 and a 52 week high of $9.45. The company has a market capitalization of $3.39 billion, a P/E ratio of 17.03 and a beta of 0.89. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.29 and a current ratio of 0.29.

Institutional Investors Weigh In On Genworth Financial

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Captrust Financial Advisors grew its stake in shares of Genworth Financial by 8.3% in the fourth quarter. Captrust Financial Advisors now owns 14,770 shares of the financial services provider’s stock worth $133,000 after acquiring an additional 1,133 shares during the last quarter. Truist Financial Corp grew its stake in shares of Genworth Financial by 9.6% in the fourth quarter. Truist Financial Corp now owns 14,342 shares of the financial services provider’s stock worth $130,000 after acquiring an additional 1,257 shares during the last quarter. Arizona State Retirement System grew its stake in shares of Genworth Financial by 1.0% in the third quarter. Arizona State Retirement System now owns 122,642 shares of the financial services provider’s stock worth $1,092,000 after acquiring an additional 1,271 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Genworth Financial by 12.7% in the third quarter. Smartleaf Asset Management LLC now owns 11,638 shares of the financial services provider’s stock worth $104,000 after acquiring an additional 1,316 shares during the last quarter. Finally, Abel Hall LLC grew its stake in shares of Genworth Financial by 11.9% in the fourth quarter. Abel Hall LLC now owns 12,672 shares of the financial services provider’s stock worth $114,000 after acquiring an additional 1,348 shares during the last quarter. Institutional investors and hedge funds own 81.85% of the company’s stock.

Insider Activity at Genworth Financial

In other Genworth Financial news, CEO Thomas J. Mcinerney sold 100,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $9.27, for a total transaction of $927,000.00. Following the transaction, the chief executive officer owned 5,368,883 shares in the company, valued at $49,769,545.41. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert P. Restrepo, Jr. sold 50,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $9.12, for a total value of $456,000.00. Following the transaction, the director owned 92,655 shares in the company, valued at approximately $845,013.60. This trade represents a 35.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.80% of the company’s stock.

About Genworth Financial

Genworth Financial (NYSE: GNW) is a leading financial security company offering a broad range of insurance products. Based in Richmond, Virginia, Genworth provides individuals and families with solutions designed to protect against long-term care expenses, secure life insurance needs and support homeownership through private mortgage insurance. With operations spanning the United States, Canada and Australia, the company serves both retail and institutional clients through a diversified portfolio of risk management services.

The company’s Private Mortgage Insurance (PMI) segment offers coverage to lenders and consumers in the US, Canada and Australia, enabling homebuyers to purchase properties with lower down payments.