|Bid||4.1300 x 21500|
|Ask||4.2900 x 27000|
|Day's Range||4.2300 - 4.3300|
|52 Week Range||2.8900 - 5.0000|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||66.15|
|Earnings Date||Feb 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct 06, 2008|
|1y Target Est||4.50|
Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing fourth quarter results after the market closes on February 4, 2020. A conference call will be held on February 5, 2020 at 9:00 a.m. (ET) to discuss the quarter's results. At this time, the company will report on business results and provide an update on strategic objectives, including the pending transaction with China Oceanwide Holdings Group Co., Ltd.
Tom McInerney became the CEO of Genworth Financial, Inc. (NYSE:GNW) in 2013. This report will, first, examine the CEO...
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a 13th waiver and agreement of each party's right to terminate the previously announced merger agreement. The 13th waiver and agreement extends the previous deadline of December 31, 2019 to no later than March 31, 2020.
Genworth Financial, Inc. (NYSE: GNW) ("Genworth"), announced today that Genworth Holdings, Inc. ("Genworth Holdings"), its direct wholly-owned subsidiary, has issued a notice of redemption for all of its outstanding 7.700% Senior Notes (the "Notes") due 2020. The redemption date of the Notes will be January 19, 2020, and the redemption price of the Notes will be 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to, but excluding, the redemption date.
Genworth Financial, Inc. (NYSE: GNW) announced the election of all eight directors nominated at its 2019 annual meeting of stockholders today. The board members re-elected were G. Kent Conrad, Melina E. Higgins, Thomas J. McInerney, David M. Moffett, Thomas E. Moloney, Debra J. Perry, Robert P. Restrepo Jr. and James S. Riepe.
Genworth Financial, Inc. (NYSE: GNW) today announced the closing of the sale of its majority stake in Genworth MI Canada Inc. (Genworth Canada) to Brookfield Business Partners (NYSE: BBU) (TSX: BBU.UN).
Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), today released the 11th edition of the First-Time Homebuyer Market Report, authored by its Chief Economist, Tian Liu, for the third quarter of 2019. The report aggregates all publicly available government data and proprietary mortgage industry data into one digestible report. The full analysis can be viewed at https://miblog.genworth.com/first-time-homebuyer-market-report/.
The main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to...
Genworth Financial, Inc. (NYSE: GNW) and Brookfield Business Partners (NYSE: BBU) (TSX: BBU.UN) today announced that Brookfield Business Partners together with its institutional partners has received approval under the Insurance Companies Act (Canada) to purchase Genworth's majority interest in Genworth MI Canada Inc. (Genworth Canada). With the receipt of this approval, all regulatory approvals required for the completion of this transaction have now been obtained. The parties expect to complete the Genworth Canada transaction on December 12, 2019.
Genworth Financial, Inc. (NYSE: GNW) will offer a listen-only broadcast of its 2019 Annual Meeting of Stockholders to be held at 3:00 p.m. (ET), December 12, 2019. The accompanying slide presentation materials will be posted to the company's website, http://investor.genworth.com, by 2:00 p.m. (ET) on December 12, 2019.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Genworth Financial (GNW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Genworth Mortgage Insurance ("Genworth MI"), an operating segment of Genworth Financial, Inc. (NYSE: GNW), today announced that its indirect wholly owned subsidiary, Genworth Mortgage Insurance Corporation, has obtained $302.8 million of fully collateralized excess of loss reinsurance coverage from Triangle Re 2019-1 Ltd. ("Triangle Re") on a portfolio of existing mortgage insurance policies written from January 2019 through September 2019. Triangle Re is a special purpose insurer domiciled in Bermuda and is not a subsidiary or affiliate of Genworth Financial, Inc.
Miller Value Partners recently released its 2019 Q3 investor letter – you can download a copy here. The investment management firm did not have a good third quarter, experiencing a 1.81% decline in returns, while the S&P 500 rose 1.70%. OneMain Holdings Inc (NYSE:OMF) and Genworth Financial Inc. (NYSE:GNW) were among the top contributors for the investment management firm. Miller […]
Genworth Financial (GNW) delivered earnings and revenue surprises of 0.00% and -5.30%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Net Income Of $18 Million And Adjusted Operating Income Of $123 Million RICHMOND, Va. , Oct. 29, 2019 /PRNewswire/ -- Reached Agreement To Sell Genworth's Majority Interest In Genworth MI Canada Inc. To ...