Genworth Financial Inc (GNW) Bonds Trading 1.5% Lower

The analysts estimated EPS for the higher end at 0.26 and lower end at 0.18 while the year ago reported earnings per share was 0.23. The firm has "Overweight" rating given on Thursday, August 17 by Morgan Stanley. There has been an observed change of 0.00% in the ownership of the shares in the past six months. NEXT Financial Group Inc raised its position in Genworth Financial by 0.5% during the 2nd quarter. Currently, 120.21 million total shares are owned by the public and among those 119.53 million shares have been available to trade. Raymond James Financial Services Advisors Inc. now owns 48,181 shares of the financial services provider's stock valued at $199,000 after acquiring an additional 10,972 shares in the last quarter. Atria Investments LLC lifted its holdings in shares of Genworth Financial by 66.2% in the 2nd quarter. Amalgamated Bank now owns 71,452 shares of the financial services provider's stock worth $269,000 after purchasing an additional 818 shares during the last quarter.

Analyst research firms are expressing bullish stance on Genworth Financial, Inc. Finally, Wellington Management Group LLP increased its holdings in Genworth Financial by 0.3% in the 1st quarter. Investors mark this stock "active" as it exchanged hands with 2,303,361 shares contrast to its average daily volume of 1.59M shares. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable.

Investors are feeling more bearish on shares of Genworth Financial Inc as inferred by the increase in short interest. In terms of relative volume, these shares are trading at 4.63x their normal volume. The stock decreased 1.03% or $0.04 on September 29, reaching $3.85. For the current quarter Genworth Financial Inc (NYSE:GNW) has high EPS estimates of $0.26 in contradiction of low EPS estimates of $0.2. The company's 50-day moving average price is $3.55 and its 200 day moving average price is $3.72. Texas Permanent School Fund holds 0.02% in Genworth Financial Inc (NYSE:GNW) or 364,285 shares.

Genworth Financial, Inc. most recently reported earnings per share (EPS) of $0.3 for the June 2017 versus $0.25 in the same quarter past year, representing 20% growth. The company had revenue of $2.22 billion during the quarter, compared to analysts' expectations of $2.14 billion. The return on assets stands at -0.1%, Return on Equity now is -1.1% and the Return on Investment value is 1.7%. During the same period in the prior year, the company earned $0.39 earnings per share. OMERS ADMINISTRATION Corp grew its position in Genworth Financial by 1.6% during the second quarter. Wfg LP stated it has 0% in Genworth Financial Inc (NYSE:GNW).

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A number of research firms have recently issued reports on GNW. Their goal is alike to employee stock-option plans, as they offer an explicit incentive for management to focus their efforts on maximizing shareholder value. Hanson Mcclain stated it has 0% of its portfolio in Genworth Financial Inc (NYSE:GNW).

05/02/2016 - Genworth Financial Inc had its "sell" rating reiterated by analysts at UBS.

Analysts have given a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Alpine Woods Capital Ltd Liability Company holds 10,600 shares. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Genworth Financial Inc (NYSE:GNW) has risen 3.41% since October 1, 2016 and is uptrending. Litespeed Mgmt Ltd Liability has invested 7.19% in Genworth Financial Inc (NYSE:GNW).



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