NYSE:VOYA

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Voya Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

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.


Market Performance


7 Day Return

3.3%

VOYA

4.6%

US Diversified Financial

-0.4%

US Market


1 Year Return

19.5%

VOYA

23.6%

US Diversified Financial

36.2%

US Market

Return vs Industry: VOYA underperformed the US Diversified Financial industry which returned 23.6% over the past year.

Return vs Market: VOYA underperformed the US Market which returned 36.3% over the past year.


Shareholder returns

VOYAIndustryMarket
7 Day3.3%4.6%-0.4%
30 Day6.4%7.8%-2.3%
90 Day4.8%10.1%5.0%
1 Year20.8%19.5%23.7%23.6%39.1%36.2%
3 Year20.0%17.6%19.1%18.8%48.4%39.0%
5 Year102.9%98.3%80.8%80.0%116.6%92.4%

Long-Term Price Volatility Vs. Market

How volatile is Voya Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VOYA ($62.24) is trading below our estimate of fair value ($166.68)

Significantly Below Fair Value: VOYA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VOYA is poor value based on its PE Ratio (44.8x) compared to the US Diversified Financial industry average (11.4x).

PE vs Market: VOYA is poor value based on its PE Ratio (44.8x) compared to the US market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: VOYA is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: VOYA's PB Ratio (0.8x) is in line with the US Diversified Financial industry average.


Next Steps

Future Growth

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

21.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VOYA's forecast earnings growth (21.1% per year) is above the savings rate (2%).

Earnings vs Market: VOYA's earnings (21.1% per year) are forecast to grow faster than the US market (19.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VOYA's revenue is expected to decline over the next 3 years (-6.5% per year).

High Growth Revenue: VOYA's revenue is forecast to decline over the next 3 years (-6.5% 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 (17.9%).


Next Steps

Past Performance

How has Voya Financial performed over the past 5 years?

25.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VOYA has high quality earnings.

Growing Profit Margin: VOYA's current net profit margins (2.3%) are lower than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: VOYA's earnings have grown significantly by 25.4% per year over the past 5 years.

Accelerating Growth: VOYA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VOYA had negative earnings growth (-75.1%) over the past year, making it difficult to compare to the Diversified Financial industry average (-23%).


Return on Equity

High ROE: VOYA's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Voya Financial's financial position?


Financial Position Analysis

Short Term Liabilities: VOYA's short term assets ($27.6B) exceed its short term liabilities ($19.0B).

Long Term Liabilities: VOYA's short term assets ($27.6B) do not cover its long term liabilities ($150.3B).


Debt to Equity History and Analysis

Debt Level: VOYA's debt to equity ratio (33.3%) is considered satisfactory.

Reducing Debt: VOYA's debt to equity ratio has increased from 32.7% to 33.3% over the past 5 years.

Debt Coverage: VOYA's debt is well covered by operating cash flow (32.4%).

Interest Coverage: VOYA's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Next Steps

Dividend

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

1.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VOYA's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: VOYA's dividend (1.06%) is low compared to the top 25% of dividend payers in the US market (3.64%).


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 reasonably low payout ratio (43.2%), VOYA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VOYA's dividends in 3 years are forecast to be thoroughly covered by earnings (9.5% payout ratio).


Next Steps

Management

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

4.9yrs

Average management tenure


CEO

Rod Martin (68 yo)

9.92yrs

Tenure

US$12,554,291

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 ($USD12.55M) is above average for companies of similar size in the US market ($USD6.41M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rodney Martin
Chairman & CEO9.92yrsUS$12.55m0.21%
$ 16.3m
Michael Smith
Executive VP4.33yrsUS$5.16m0.14%
$ 11.1m
Charles Nelson
Chief Executive Officer of Retirement & Employee Benefits5.83yrsUS$5.00m0.13%
$ 9.6m
Christine Hurtsellers
Chief Executive Officer of Voya Investment Management4.5yrsUS$6.42m0.076%
$ 5.8m
Nancy Ferrara
Executive Vice President of Operations & Continuous Improvementno datano data0.028%
$ 2.2m
Clyde Cobb
Senior MD5.33yrsno data0.011%
$ 820.6k
Santhosh Keshavan
Chief Information Officer3.5yrsno datano data
Michael Katz
Senior VP & Head of Investor Relations and Enterprise FP&A3.17yrsno datano data
Larry Port
Executive VP & Chief Legal Officer1.08yrsno data0.019%
$ 1.5m
Paul Gennaro
Chief Communications Officer & Senior VP of Corporate Communications6.17yrsno datano data
Kevin Silva
Executive VP & Chief Human Resources Officer9.08yrsno data0.021%
$ 1.6m
Howard Greene
Senior Vice President of Compensationno datano datano data

4.9yrs

Average Tenure

58yo

Average Age

Experienced Management: VOYA's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rodney Martin
Chairman & CEO9.92yrsUS$12.55m0.21%
$ 16.3m
Ruth Ann Gillis
Independent Director5.67yrsUS$309.97k0.0058%
$ 446.1k
David Zwiener
Lead Independent Director3.67yrsUS$334.97k0.0041%
$ 317.5k
Aylwin Lewis
Director0.42yrno datano data
Joseph Tripodi
Independent Director5.92yrsUS$299.97k0.0028%
$ 218.1k
Byron Pollitt
Independent Director5.67yrsUS$319.97k0.0032%
$ 248.9k
Kathleen DeRose
Independent Director1.42yrsUS$71.06kno data
Jane Chwick
Independent Director6.83yrsUS$300.97kno data
Lynne Biggar
Independent Director6.42yrsUS$289.51k0.00072%
$ 55.5k

5.7yrs

Average Tenure

65yo

Average Age

Experienced Board: VOYA's board of directors are considered experienced (5.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 company bio, 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
  • Market Cap: US$7.705b
  • Shares outstanding: 123.80m
  • Website: https://www.voya.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VOYANYSE (New York Stock Exchange)YesCommon StockUSUSDMay 2013
V0YDB (Deutsche Boerse AG)YesCommon StockDEEURMay 2013
VOYA.PRBNYSE (New York Stock Exchange)5.35% DP PFD BUSUSDJun 2019

Biography

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 pla...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 23:53
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
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.