ING US (VOYA) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

ING US (NYSE:VOYA) issued its quarterly earnings data on Wednesday. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.09, StockRatingsNetwork.com reports. The company had revenue of $306.80 million for the quarter, compared to the consensus estimate of $281.85 million.

A number of analysts have recently weighed in on VOYA shares. Analysts at RBC Capital reiterated a “top pick” rating on shares of ING US in a research note to investors on Thursday. They now have a $37.00 price target on the stock. On the ratings front, analysts at BTIG Research downgraded shares of ING US from a “buy” rating to a “neutral” rating in a research note to investors on Monday, July 29th. They now have a $31.00 price target on the stock.

Fifteen analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $30.71.

Shares of ING US (NYSE:VOYA) traded up 1.34% during mid-day trading on Thursday, hitting $31.75. ING US has a 52 week low of $19.20 and a 52 week high of $32.70. The stock’s 50-day moving average is currently $29.16. The company has a market cap of $8.279 billion and a P/E ratio of 9.41.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 1st. Investors of record on Friday, August 30th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.13%. The ex-dividend date is Wednesday, August 28th.

ING U.S., Inc is a retirement, investment and insurance company serving the financial needs of approximately 13 million individual and institutional customers in the United States.