company background image
VOYA

Voya FinancialNYSE:VOYA Stock Report

Last Price

US$74.49

Market Cap

US$8.3b

7D

2.7%

1Y

25.2%

Updated

16 Jan, 2022

Data

Company Financials +
VOYA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health3/6
Dividends2/6

VOYA Stock Overview

Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States.

Voya Financial Competitors

Equitable Holdings

NYSE:EQH

US$14.6b

Berkshire Hathaway

NYSE:BRK.A

US$723.4b

JPMorgan Chase

NYSE:JPM

US$464.8b

Wells Fargo

NYSE:WFC

US$225.6b

Price History & Performance

Summary of all time highs, changes and price drops for Voya Financial
Historical stock prices
Current Share PriceUS$74.49
52 Week HighUS$74.58
52 Week LowUS$54.46
Beta1.45
1 Month Change18.63%
3 Month Change7.66%
1 Year Change25.17%
3 Year Change64.26%
5 Year Change87.59%
Change since IPO257.44%

Recent News & Updates

Oct 18
If You Like EPS Growth Then Check Out Voya Financial (NYSE:VOYA) Before It's Too Late

If You Like EPS Growth Then Check Out Voya Financial (NYSE:VOYA) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Aug 25

Voya Financial: Premium Valuation And Pending Headwinds Impact Investment Case

There could well be a major acquisition brewing at Voya Financial. That said, short-term flow headwinds and M&A execution risk remain key overhangs on the stock. At the current valuation premium, I would stay neutral.

Shareholder Returns

VOYAUS Diversified FinancialUS Market
7D2.7%1.0%-0.5%
1Y25.2%37.9%13.7%

Return vs Industry: VOYA underperformed the US Diversified Financial industry which returned 37.9% over the past year.

Return vs Market: VOYA exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is VOYA's price volatile compared to industry and market?
VOYA volatility
VOYA Average Weekly Movement3.7%
Diversified Financial Industry Average Movement5.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: VOYA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: VOYA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19995,970Rod Martinhttps://www.voya.com

Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. The company’s Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and financial services, as well as financial planning and advisory services. This segment serves corporate, education, healthcare, and other non-profit and government entities, as well as institutional and individual customers.

Voya Financial Fundamentals Summary

How do Voya Financial's earnings and revenue compare to its market cap?
VOYA fundamental statistics
Market CapUS$8.27b
Earnings (TTM)US$1.99b
Revenue (TTM)US$4.50b

4.1x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VOYA income statement (TTM)
RevenueUS$4.50b
Cost of Revenue-US$1.10b
Gross ProfitUS$5.60b
ExpensesUS$3.61b
EarningsUS$1.99b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 08, 2022

Earnings per share (EPS)17.96
Gross Margin124.33%
Net Profit Margin44.25%
Debt/Equity Ratio51.6%

How did VOYA perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

4%

Payout Ratio

Valuation

Is Voya Financial undervalued compared to its fair value and its price relative to the market?

4.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VOYA ($74.49) is trading above our estimate of fair value ($57.81)

Significantly Below Fair Value: VOYA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VOYA is good value based on its PE Ratio (4.1x) compared to the US Diversified Financial industry average (7.4x).

PE vs Market: VOYA is good value based on its PE Ratio (4.1x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: VOYA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: VOYA is good value based on its PB Ratio (1x) compared to the US Diversified Financial industry average (1.1x).


Future Growth

How is Voya Financial forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

-39.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOYA's earnings are forecast to decline over the next 3 years (-39.4% per year).

Earnings vs Market: VOYA's earnings are forecast to decline over the next 3 years (-39.4% per year).

High Growth Earnings: VOYA's earnings are forecast to decline over the next 3 years.

Revenue vs Market: VOYA's revenue (3.9% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: VOYA's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VOYA's Return on Equity is forecast to be low in 3 years time (10.2%).


Past Performance

How has Voya Financial performed over the past 5 years?

64.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VOYA has high quality earnings.

Growing Profit Margin: VOYA's current net profit margins (44.2%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: VOYA has become profitable over the past 5 years, growing earnings by 64.6% per year.

Accelerating Growth: VOYA's earnings growth over the past year (906.6%) exceeds its 5-year average (64.6% per year).

Earnings vs Industry: VOYA earnings growth over the past year (906.6%) exceeded the Diversified Financial industry 149.7%.


Return on Equity

High ROE: VOYA's Return on Equity (28.2%) is considered high.


Financial Health

How is Voya Financial's financial position?


Financial Position Analysis

Short Term Liabilities: VOYA's short term assets ($17.3B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: VOYA's short term assets ($17.3B) do not cover its long term liabilities ($157.2B).


Debt to Equity History and Analysis

Debt Level: VOYA's net debt to equity ratio (32.5%) is considered satisfactory.

Reducing Debt: VOYA's debt to equity ratio has increased from 39.7% to 51.6% over the past 5 years.

Debt Coverage: VOYA's debt is not well covered by operating cash flow (6.8%).

Interest Coverage: VOYA's interest payments on its debt are well covered by EBIT (14.8x coverage).


Balance Sheet


Dividend

What is Voya Financial current dividend yield, its reliability and sustainability?

1.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VOYA's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: VOYA's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VOYA has been paying a dividend for less than 10 years.

Growing Dividend: VOYA's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3.9%), VOYA's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VOYA's dividends in 3 years are forecast to be thoroughly covered by earnings (10.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Rod Martin (69 yo)

10.75yrs

Tenure

US$13,597,008

Compensation

Mr. Rodney Owen Martin, Jr., also known as Rod, has been the Chief Executive of Voya Financial, Inc. (formerly, ING U.S., Inc) since April 2011 and its Chairman since May 2013. Mr. Martin joined Voya Fina...


CEO Compensation Analysis

Compensation vs Market: Rod's total compensation ($USD13.60M) is above average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Rod's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: VOYA's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: VOYA's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: VOYA insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Voya Financial, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Voya Financial, Inc.
  • Ticker: VOYA
  • Exchange: NYSE
  • Founded: 1999
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Implied Market Cap: US$8.268b
  • Shares outstanding: 110.99m
  • Website: https://www.voya.com

Number of Employees


Location

  • Voya Financial, Inc.
  • 230 Park Avenue
  • New York
  • New York
  • 10169
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:27
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.