Genworth Financial (NYSE:GNW) SVP Leon Roday unloaded 30,000 shares of the company’s stock on the open market in a transaction that occured on Tuesday, August 6th. The stock was sold at an average price of $12.93, for a total value of $387,900.00. Following the transaction, the senior vice president now directly owns 32,526 shares in the company. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Scotiabank raised their price target on shares of Genworth Financial from $13.00 to $15.00 in a research note to investors on Thursday, July 25th. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Genworth Financial from $11.00 to $13.00 in a research note to investors on Thursday, July 18th. They now have a “market perform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Genworth Financial in a research note to investors on Tuesday, July 9th. They now have a $13.00 price target on the stock.
Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $11.69.
Genworth Financial (NYSE:GNW) traded up 0.86% on Thursday, hitting $12.89. Genworth Financial has a 1-year low of $4.43 and a 1-year high of $13.79. The stock’s 50-day moving average is currently $12.40. The company has a market cap of $6.363 billion and a price-to-earnings ratio of 14.39.
Genworth Financial (NYSE:GNW) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, analysts predict that Genworth Financial will post $1.12 earnings per share for the current fiscal year.
Genworth Financial, Inc (NYSE:GNW) is a financial security company.
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