What is Genworth Financial Inc. (GNW) Stock Return on Shareholders’ Capital?

Genworth Financial Inc. (NYSE: GNW) stock fell -1.53% on Friday to $3.85 against a previous-day closing price of $3.91. With 1.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.99 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $3.9800 whereas the lowest price it dropped to was $3.8500. The 52-week range on GNW shows that it touched its highest point at $4.61 and its lowest point at $3.32 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 0.97.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GNW was down-trending over the past week, with a drop of -2.53%, but this was down by -10.88% over a month. Three-month performance surged to 9.38% while six-month performance rose 0.79%. The stock gained 15.27% in the past year, while it has lost -4.94% so far this year. A look at the trailing 12-month EPS for GNW yields 1.55 with Next year EPS estimates of 0.96. For the next quarter, that number is 0.23. This implies an EPS growth rate of 26.00% for this year and -8.68% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.40%.

Float and Shares Shorts:

At present, 509.00 million GNW shares are outstanding with a float of 496.96 million shares on hand for trading. On Aug 30, 2022, short shares totaled 13.72 million, which was 2.72% higher than short shares on Jul 28, 2022. In addition to Mr. Thomas Joseph McInerney as the firm’s Pres, CEO & Director, Mr. Daniel Joseph Sheehan IV, CFA serves as its Exec. VP, CFO & Chief Investment Officer.

Institutional Ownership:

Through their ownership of 79.02% of GNW’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 44.20% of GNW, in contrast to 31.97% held by mutual funds. Shares owned by individuals account for 2.12%. As the largest shareholder in GNW with 13.59% of the stake, BlackRock Fund Advisors holds 68,459,113 shares worth 68,459,113. A second-largest stockholder of GNW, The Vanguard Group, Inc., holds 56,821,994 shares, controlling over 11.28% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in GNW, holding 21,013,715 shares or 4.17% stake. With a 6.16% stake in GNW, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 31,035,879 shares are owned by the mutual fund manager. The Vanguard Total Stock Market Index, which owns about 3.02% of GNW stock, is the second-largest Mutual Fund holder. It holds 15,185,710 shares valued at 64.08 million. Vanguard Small Cap Index Fund holds 2.57% of the stake in GNW, owning 12,927,126 shares worth 54.55 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. It generated $181.00M net income for the quarter, which came to $807.00M over the last twelve months.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GNW since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GNW analysts setting a high price target of $5.00 and a low target of $5.00, the average target price over the next 12 months is $5.00. Based on these targets, GNW could surge 29.87% to reach the target high and rise by 29.87% to reach the target low. Reaching the average price target will result in a growth of 29.87% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. GNW will report FY 2022 earnings on 02/07/2023. Analysts have provided yearly estimates in a range of $1.04 being high and $0.82 being low. For GNW, this leads to a yearly average estimate of $0.93. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Genworth Financial Inc. surprised analysts by $0.10 when it reported $0.34 EPS against a consensus estimate of $0.24. The surprise factor in the prior quarter was -$0.01. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.20.

Summary of Insider Activity:

Insiders traded GNW stock several times over the past three months with 0 Buys and 1 Sells. In these transactions, 0 shares were bought while 100,000 shares were sold. The number of buy transactions has increased to 16 while that of sell transactions has risen to 19 over the past year. The total number of shares bought during that period was 3,763,881 while 2,160,887 shares were sold.

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