Genworth Financial Inc. [GNW] is 8.99% higher this YTD. Is it still time to buy?

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Genworth Financial Inc. [NYSE: GNW] surged by $0.04 during the normal trading session on Thursday and reaching a high of $4.16 during the day while it closed the day at $4.12. The company report on December 15, 2021 that Genworth Completes Redemption of Outstanding 2023 Senior Notes.

Genworth Financial, Inc. (NYSE: GNW) (“Genworth”), announced today that Genworth Holdings, Inc. (“Genworth Holdings”), its direct wholly-owned subsidiary, has completed the redemption of all $308 million aggregate principal amount of its outstanding 4.900% Senior Notes due 2023 (the “Notes”). Cash used for the redemption was approximately $334 million, which included the aggregate principal amount of the Notes being redeemed, plus a make-whole premium and accrued and unpaid interest to, but excluding, the redemption date of December 15, 2021.


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About Genworth Financial Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 provider of products, services and solutions that help families address the financial challenges of aging. Headquartered in Richmond, Virginia, we apply our nearly 150 years of experience each day to helping people navigate caregiving options and fund their long term care needs. Genworth is also the parent company of publicly traded Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider. For more information on Genworth, please visit https://www.genworth.com. From time to time Enact separately releases financial and other information about its operations. This information can be found at https://ir.enactmi.com/.

Genworth Financial Inc. stock has also gained 0.24% of its value over the past 7 days. However, GNW stock has inclined by 9.87% in the 3 months of the year. Over the past six months meanwhile, it has gained 4.30% and gained 8.99% year-on date.

The market cap for GNW stock reached $2.10 billion, with 507.40 million shares outstanding and 501.91 million shares in the current float. Compared to the average trading volume of 3.13M shares, GNW reached a trading volume of 2701812 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Genworth Financial Inc. [GNW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNW shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNW stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Genworth Financial Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 23, 2016. While these analysts kept the previous recommendation, Compass Point dropped their target price from $5.50 to $5.25. The new note on the price target was released on May 05, 2016, representing the official price target for Genworth Financial Inc. stock. Previously, the target price had yet another drop from $7.50 to $5.50, while Compass Point kept a Buy rating on GNW stock.

The Average True Range (ATR) for Genworth Financial Inc. is set at 0.13, with the Price to Sales ratio for GNW stock in the period of the last 12 months amounting to 0.25. The Price to Book ratio for the last quarter was 0.14, with the Price to Cash per share for the same quarter was set at 3.80. Price to Free Cash Flow for GNW in the course of the last twelve months was 2.63.

GNW stock trade performance evaluation

Genworth Financial Inc. [GNW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.24. With this latest performance, GNW shares gained by 7.85% in over the last four-week period, additionally plugging by 4.30% over the last 6 months – not to mention a drop of 0.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GNW stock in for the last two-week period is set at 53.62, with the RSI for the last a single of trading hit 56.81, and the three-weeks RSI is set at 52.24 for Genworth Financial Inc. [GNW]. The present Moving Average for the last 50 days of trading for this stock 4.15, while it was recorded at 4.10 for the last single week of trading, and 3.87 for the last 200 days.

Genworth Financial Inc. [GNW]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Genworth Financial Inc. [GNW] shares currently have an operating margin of +14.33. Genworth Financial Inc.’s Net Margin is presently recorded at +8.40.

Return on Total Capital for GNW is now 6.59, given the latest momentum, and Return on Invested Capital for the company is 4.01. Return on Equity for this stock inclined to 4.93, with Return on Assets sitting at 0.83. When it comes to the capital structure of this company, Genworth Financial Inc. [GNW] has a Total Debt to Total Equity ratio set at 23.16. Additionally, GNW Total Debt to Total Capital is recorded at 18.81, with Total Debt to Total Assets ending up at 3.95. Long-Term Debt to Equity for the company is recorded at 23.16, with the Long-Term Debt to Total Capital now at 18.81.

Reflecting on the efficiency of the workforce at the company, Genworth Financial Inc. [GNW] managed to generate an average of $242,333 per employee.

Earnings per share (EPS) analysis for Genworth Financial Inc. [GNW] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GNW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Genworth Financial Inc. go to 5.00%.

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Genworth Financial Inc. [GNW]: Insider Ownership positions

There are presently around $1,458 million, or 73.00% of GNW stock, in the hands of institutional investors. The top three institutional holders of GNW stocks are: BLACKROCK INC. with ownership of 73,851,677, which is approximately 1.217% of the company’s market cap and around 0.60% of the total institutional ownership; VANGUARD GROUP INC, holding 53,802,509 shares of the stock with an approximate value of $219.51 million in GNW stocks shares; and STATE STREET CORP, currently with $75.97 million in GNW stock with ownership of nearly -10.266% of the company’s market capitalization.

Positions in Genworth Financial Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 103 institutional holders increased their position in Genworth Financial Inc. [NYSE:GNW] by around 22,794,830 shares. Additionally, 115 investors decreased positions by around 32,896,678 shares, while 68 investors held positions by with 301,570,320 shares. The mentioned changes placed institutional holdings at 357,261,828 shares, according to the latest SEC report filing. GNW stock had 36 new institutional investments in for a total of 6,900,964 shares, while 21 institutional investors sold positions of 5,001,574 shares during the same period.