FY2026 Earnings Estimate for GNW Issued By DOWLING & PARTN

Genworth Financial, Inc. (NYSE:GNWFree Report) – Investment analysts at DOWLING & PARTN upped their FY2026 earnings estimates for Genworth Financial in a research note issued to investors on Tuesday, September 8th. DOWLING & PARTN analyst G. Dunn now forecasts that the financial services provider will earn $1.11 per share for the year, up from their previous forecast of $1.10. The consensus estimate for Genworth Financial’s current full-year earnings is $1.10 per share. DOWLING & PARTN also issued estimates for Genworth Financial’s FY2027 earnings at $1.16 EPS and FY2028 earnings at $1.19 EPS.

GNW has been the subject of a number of other research reports. Keefe, Bruyette & Woods upgraded Genworth Financial from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Zacks Research upgraded shares of Genworth Financial to a “hold” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of Genworth Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, September 2nd. Finally, Wall Street Zen raised shares of Genworth Financial from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $12.00.

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Genworth Financial Trading Up 0.6%

NYSE:GNW opened at $10.48 on Thursday. The stock’s 50 day moving average price is $9.89 and its 200 day moving average price is $9.13. The company has a market capitalization of $3.96 billion, a PE ratio of 20.16 and a beta of 0.85. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.15. Genworth Financial has a 52-week low of $7.84 and a 52-week high of $10.69.

Genworth Financial (NYSE:GNWGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. Genworth Financial had a return on equity of 1.06% and a net margin of 2.87%.The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.90 billion.

Insider Activity at Genworth Financial

In related news, CEO Thomas McInerney sold 100,000 shares of Genworth Financial stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $10.53, for a total value of $1,053,000.00. Following the transaction, the chief executive officer directly owned 5,068,883 shares in the company, valued at $53,375,337.99. This trade represents a 1.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Melissa Hagerman sold 14,708 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $9.91, for a total transaction of $145,756.28. Following the completion of the transaction, the executive vice president directly owned 192,539 shares in the company, valued at $1,908,061.49. This represents a 7.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in GNW. Bank of America Corp DE lifted its holdings in shares of Genworth Financial by 133.2% in the 1st quarter. Bank of America Corp DE now owns 2,158,625 shares of the financial services provider’s stock valued at $17,528,000 after buying an additional 1,232,931 shares during the period. Fifth Third Bancorp grew its holdings in Genworth Financial by 21,643.4% during the first quarter. Fifth Third Bancorp now owns 562,936 shares of the financial services provider’s stock worth $4,571,000 after acquiring an additional 560,347 shares during the period. Hsbc Holdings PLC purchased a new position in Genworth Financial in the fourth quarter worth $1,360,000. SG Americas Securities LLC lifted its holdings in Genworth Financial by 173.7% in the first quarter. SG Americas Securities LLC now owns 1,188,288 shares of the financial services provider’s stock valued at $9,649,000 after acquiring an additional 754,105 shares during the period. Finally, Norges Bank acquired a new stake in Genworth Financial in the fourth quarter valued at $45,912,000. 81.85% of the stock is currently owned by institutional investors and hedge funds.

Genworth Financial Company Profile

(Get Free Report)

Genworth Financial (NYSE: GNW) is a leading financial security company offering a broad range of insurance products. Based in Richmond, Virginia, Genworth provides individuals and families with solutions designed to protect against long-term care expenses, secure life insurance needs and support homeownership through private mortgage insurance. With operations spanning the United States, Canada and Australia, the company serves both retail and institutional clients through a diversified portfolio of risk management services.

The company’s Private Mortgage Insurance (PMI) segment offers coverage to lenders and consumers in the US, Canada and Australia, enabling homebuyers to purchase properties with lower down payments.

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