How Worried Should Investors Be About Genworth Financial Inc (GNW)

Genworth Financial Inc (NYSE:GNW) does about 2.75M shares in volume on a normal day but saw 3591573 shares change hands in the recent trading day. The company now has a market cap of 3.31B USD. Its current market price is $7.76, marking a decrease of -0.51% compared to the previous close of $7.80. The 52 week high reached by this stock is $7.90 whilst the lowest price level in 52 weeks is $5.67.

Genworth Financial Inc (GNW) has a 20-day trading average at $7.38 and the current price is -1.77% off the 52-week high compared with 36.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.09 and its 200-day simple moving average is $6.54. If we look at the stock’s price movements over the week, volatility stands at 1.55%, which increases to 2.17% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 69.72 to suggest the stock is neutral.

The consensus objective for the share price is $8.00, suggesting that the stock has a potential upside of 3.0% over the period.

Compass Point reiterated its price target at $7.50-$5.50.

The current price level is 5.20%, 9.38%, and 18.67% away from its SMA20, SMA50, and SMA200 respectively, with the GNW price moving below the 50-day SMA on current market day. Genworth Financial Inc (GNW) stock is down -0.13% over the week and 15.13% over the past month. Its price is 16.17% year-to-date and 31.75% over the past year.

The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -0.51 below consensus estimates by -0.68. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.76 for whole year.

To reach the target analysts have set, the stock logically needs to grow 3.0 percent from here.

Outstanding shares total 428.43M with insiders holding 1.89% of the shares and institutional holders owning 87.39% of the company’s common stock. The company has a return on investment of 0.89% and return on equity of 1.16%. The price to earnings ratio (P/E ratio) amounts to 37.96 while the forward price to earnings ratio is 8.62. The beta has a value of 0.99. Price to book ratio is 0.40 and price to sales ratio is 0.48.