GNW Stock Overview
Genworth Financial, Inc. provides insurance products in the United States and internationally.
Genworth Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.85|
|52 Week High||US$4.76|
|52 Week Low||US$2.56|
|1 Month Change||-6.33%|
|3 Month Change||2.67%|
|1 Year Change||-15.20%|
|3 Year Change||-18.95%|
|5 Year Change||-8.77%|
|Change since IPO||-80.26%|
Recent News & Updates
Genworth Financial, Inc.: Long-Term Upside, Near-Term Lull
Genworth's managers have their plan to return the company to growth and prosperity. The plan prioritizes reducing debt, standing up new LTC insurance businesses, stabilizing legacy LTC businesses, maximizing Enact's value, and returning capital to shareholders. The plan is expected to create value for Genworth shareholders in the intermediate to long term. There is, however, very little near-term upside for the stock. Therefore, Genworth receives a Neutral rating with a $4.25/share price target.
With EPS Growth And More, Genworth Financial (NYSE:GNW) Is Interesting
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Genworth Financial: Enact's IPO As A Catalyst
GNW's mortgage insurance segment has grown significantly, and the positive housing outlook provides a bullish scenario for Enact's growth prospects. The management waits for better entry timing for the planned IPO until forbearance plan expirations in September and October clear up the operating environment. Enact's current Net Assets amount to $4.09 billion implying a current rock-bottom valuation of $814 million for its 19.9% stake. The IPO of Enact remains the catalyst for GNW's improving liquidity position that will unlock shareholders' value and drive its share price upwards.
Genworth Financial, Inc.: Another Bite At The IPO Apple
Genworth has refiled its planned IPO of Enact Holdings, Inc. with the SEC after shelving it earlier this year. The proceeds from the IPO, private placement of additional shares, and a fourth quarter dividend from Enact will put Genworth in a strong financial position heading into 2022. Executing the IPO and private placement will also likely result in a multiple notch rating increase of Genworth's credit. These moves should ultimately move Genworth's stock higher.
|GNW||US Insurance||US Market|
Return vs Industry: GNW underperformed the US Insurance industry which returned 23.5% over the past year.
Return vs Market: GNW underperformed the US Market which returned 21.3% over the past year.
|GNW Average Weekly Movement||6.1%|
|Insurance Industry Average Movement||4.0%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: GNW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GNW's weekly volatility (6%) has been stable over the past year.
About the Company
Genworth Financial, Inc. provides insurance products in the United States and internationally. It operates through four segments: U.S. Mortgage Insurance, Australia Mortgage Insurance, U.S.
Genworth Financial Fundamentals Summary
|GNW fundamental statistics|
Is GNW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GNW income statement (TTM)|
|Cost of Revenue||US$6.99b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.07|
|Net Profit Margin||12.19%|
How did GNW perform over the long term?See historical performance and comparison
Is Genworth Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GNW ($3.85) is trading below our estimate of fair value ($4.99)
Significantly Below Fair Value: GNW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GNW is good value based on its PE Ratio (1.9x) compared to the US Insurance industry average (10.6x).
PE vs Market: GNW is good value based on its PE Ratio (1.9x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GNW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GNW is good value based on its PB Ratio (0.1x) compared to the US Insurance industry average (1.2x).
How is Genworth Financial forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GNW's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if GNW's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GNW's revenue is expected to decline over the next 3 years (-4.7% per year).
High Growth Revenue: GNW's revenue is forecast to decline over the next 3 years (-4.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GNW's Return on Equity is forecast to be high in 3 years time
How has Genworth Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNW has high quality earnings.
Growing Profit Margin: GNW's current net profit margins (12.2%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: GNW has become profitable over the past 5 years, growing earnings by 42.1% per year.
Accelerating Growth: GNW's earnings growth over the past year (142.7%) exceeds its 5-year average (42.1% per year).
Earnings vs Industry: GNW earnings growth over the past year (142.7%) exceeded the Insurance industry 39.8%.
Return on Equity
High ROE: GNW's Return on Equity (6.8%) is considered low.
How is Genworth Financial's financial position?
Financial Position Analysis
Short Term Liabilities: GNW's short term assets ($19.6B) exceed its short term liabilities ($13.1B).
Long Term Liabilities: GNW's short term assets ($19.6B) do not cover its long term liabilities ($70.7B).
Debt to Equity History and Analysis
Debt Level: GNW's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: GNW's debt to equity ratio has reduced from 32.3% to 15.3% over the past 5 years.
Debt Coverage: GNW's debt is well covered by operating cash flow (32.5%).
Interest Coverage: GNW's interest payments on its debt are well covered by EBIT (8.6x coverage).
What is Genworth Financial current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GNW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GNW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GNW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GNW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GNW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom McInerney (64 yo)
Mr. Thomas Joseph McInerney, also known as Tom, has been the Chief Executive Officer, President, and Director of Genworth Financial, Inc., since January 1, 2013. Mr. McInerney serves as Senior Vice Preside...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD7.36M) is above average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: GNW's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: GNW's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GNW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Genworth Financial, Inc.'s employee growth, exchange listings and data sources
- Name: Genworth Financial, Inc.
- Ticker: GNW
- Exchange: NYSE
- Founded: 1871
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: US$1.953b
- Shares outstanding: 507.39m
- Website: https://www.genworth.com
Number of Employees
- Genworth Financial, Inc.
- 6620 West Broad Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 00:22|
|End of Day Share Price||2021/11/29 00:00|
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.