GNW - Genworth Financial, Inc.

NYSE - NYSE Delayed Price. Currency in USD
4.3900
-0.1100 (-2.44%)
At close: 4:02PM EDT
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Previous Close4.5000
Open4.4900
Bid4.3900 x 900
Ask4.5000 x 1200
Day's Range4.3700 - 4.5300
52 Week Range2.8900 - 5.0200
Volume5,759,717
Avg. Volume3,560,528
Market Cap2.21B
Beta (3Y Monthly)0.90
PE Ratio (TTM)13.89
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2008-10-08
1y Target EstN/A
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All
News
Press Releases
  • PR Newswire

    Genworth Mortgage Insurance's Economist Report, Second Quarter: No Rebound in First-Time Homebuyer Market Despite Improving Housing Affordability

    RICHMOND, Va., Aug. 21, 2019 /PRNewswire/ -- Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (GNW), today released the 10th edition of the First-Time Homebuyer Market Report, authored by its Chief Economist, Tian Liu, for the second quarter of 2019.

  • GlobeNewswire

    Brookfield Business Partners to Acquire Control of Genworth Canada

    Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) ("Brookfield Business Partners") announced today an agreement (the “Purchase Agreement”) to acquire an aggregate of 48,944,645 common shares (the “Acquired Shares”) of Genworth MI Canada Inc. (“Genworth Canada” or “the business”) (MIC.TO), representing an approximate 57% controlling interest in the business, from Genworth Financial, Inc. (GNW) for approximately C$2.4 billion (US$1.8 billion) or C$48.86 per share. Immediately prior to entering into the Purchase Agreement, Brookfield Business Partners did not own any common shares in the capital of Genworth Canada (“Shares”). Genworth Canada, through its subsidiary Genworth Financial Mortgage Insurance Company Canada, is the largest private sector residential mortgage insurer in Canada, providing mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers.

  • PR Newswire

    Brookfield Business Partners to Acquire Genworth's Stake in Genworth MI Canada Inc.; Genworth and Oceanwide Agree to Extend Merger Agreement

    RICHMOND, Va. , Aug. 13, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) ("Genworth") and Brookfield Business Partners L.P. (NYSE: BBU) (TSX: BBU.UN) ("Brookfield Business Partners") ...

  • PR Newswire

    Genworth Announces Termination of Consent Solicitation for its Outstanding Notes

    RICHMOND, Va., Aug. 12, 2019 /PRNewswire/ -- Genworth Holdings, Inc. (the "Company"), a direct wholly-owned subsidiary of Genworth Financial, Inc. (GNW) (Genworth), today announced that it is terminating its previously announced consent solicitation proposing certain amendments to the indentures (the "Indentures") governing the Company's outstanding notes. The consent solicitation expired at 5:00 p.m., New York City time, on August 9, 2019.  As of the expiration time, the Company had not received the consent of holders of at least a majority in aggregate principal amount outstanding of certain series of notes outstanding under the Indentures. Rather than extend the expiration date for those series, the Company has determined to terminate the consent solicitation with respect to all series.

  • PR Newswire

    Genworth Financial Announces Second Quarter 2019 Results

    Net Income Of $168 Million And Adjusted Operating Income Of $204 Million RICHMOND, Va. , July 30, 2019 /PRNewswire/ --  Merger Agreement With China Oceanwide Holdings Group Co., LTD (Oceanwide) Extended ...

  • PR Newswire

    Genworth Announces Consent Solicitation for its Outstanding Notes

    RICHMOND, Va., July 24, 2019 /PRNewswire/ -- Genworth Holdings, Inc. (the "Company"), a direct wholly owned subsidiary of Genworth Financial, Inc. (GNW), today announced a solicitation of consents from the holders of its outstanding notes set forth below proposing amendments to the indentures governing such notes. The purpose of the consent solicitation is to create an express authorization under the Company's indentures for the sale or other disposition, in one or more transactions, of all or part of the Company's non-U.S. mortgage insurance businesses or assets (a "Non-U.S. Mortgage Sale"), including Genworth MI Canada Inc. (together with its subsidiaries, "Genworth Canada"), which operates Genworth's Canadian mortgage insurance business. Genworth is considering the sale of Genworth Canada in order to increase the likelihood of subsequently completing the acquisition of Genworth Financial, Inc. by China Oceanwide Holdings Group Co., Ltd. and its affiliates (the "China Oceanwide Transaction").

  • PR Newswire

    Genworth Financial Schedules Earnings Conference Call For July 31st

    RICHMOND, Va., July 11, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) today announced it would issue its earnings release containing second quarter results after the market closes on July 30, 2019.  A conference call will be held on July 31, 2019 at 8:00 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. Genworth's earnings release and second quarter financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public. Genworth's conference call will be accessible via telephone and the Internet.

  • PR Newswire

    Genworth and Oceanwide Agree to Extend Merger Agreement, Consider Strategic Alternatives for Genworth MI Canada

    RICHMOND, Va., July 1, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to an 11th waiver and agreement of each party's right to terminate the previously announced merger agreement beyond the current deadline of June 30, 2019. In conjunction with the extension, Genworth has received Oceanwide's consent to solicit interest in a potential disposition of its interest in Genworth MI Canada Inc. (MI Canada).  The parties decided to consider strategic alternatives for MI Canada as a result of the absence of any substantive progress in discussions on the transaction with Canadian regulators.  The parties have repeatedly inquired of the Canadian authorities regarding the status of their review, but to date have not received any substantive guidance or likely timeframe for the completion of their review.  Consequently, the parties have concluded that exploring a potential disposition of MI Canada is in the best interests of the parties.

  • PR Newswire

    Genworth Mortgage Insurance's Economist Report, First Quarter: First-Time Homebuyers Continue to Outperform Overall Housing Market Despite Slowdown

    RICHMOND, Va., May 21, 2019 /PRNewswire/ -- Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (GNW), today released the First-Time Homebuyer Market Report from its Chief Economist, Tian Liu, for the first quarter of 2019.

  • PR Newswire

    Genworth Financial Announces First Quarter 2019 Results

    Net Income Of $174 Million And Adjusted Operating Income Of $121 Million RICHMOND, Va. , April 30, 2019 /PRNewswire/ -- Merger Agreement With China Oceanwide Holdings Group Co., LTD (Oceanwide) Extended ...

  • PR Newswire

    Genworth and Oceanwide Extend Merger Agreement

    RICHMOND, Va., April 29, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a 10th waiver and agreement of each party's right to terminate the previously announced merger agreement. The closing of the transaction remains subject to the receipt of regulatory approval in Canada.  In addition, Oceanwide will need to receive clearance in China for currency conversion and the transfer of funds.  Genworth and Oceanwide remain committed to satisfying the closing conditions under the merger agreement as soon as possible. As previously announced, Genworth will hold a conference call on May 1, 2019 at 8 a.m. ET to discuss the results of the first quarter as well as provide an update on strategic objectives, including the pending transaction with Oceanwide.

  • PR Newswire

    Genworth Financial Schedules Earnings Conference Call For May 1st

    RICHMOND, Va., April 16, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) today announced it would issue its earnings release containing first quarter results after the market closes on April 30, 2019. A conference call will be held on May 1, 2019 at 8:00 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. Genworth's earnings release and first quarter financial supplement will be available through the company's website, http://investor.genworth.com, at the time of their release to the public.

  • PR Newswire

    Genworth and Oceanwide Extend Merger Agreement; Provide Update on Transaction with Oceanwide

    RICHMOND, Va., March 14, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) and China Oceanwide Holdings Group Co. Ltd (Oceanwide) today announced they have agreed to a ninth waiver and agreement of each party's right to terminate the previously announced merger agreement. Genworth and Oceanwide continue to diligently pursue approval by Canadian regulators of the transaction.  As previously disclosed, the parties' discussions with the Canadian regulators have to date been focused on national security matters, including data protections and the safeguarding of our customers' personally identifiable information, consistent with the Enhanced Data Security Program that Genworth and Oceanwide have undertaken in connection with the clearance of the transaction by the Committee on Foreign Investment in the United States (CFIUS).

  • PR Newswire

    Genworth Mortgage Insurance's Economist Report, Fourth Quarter and Full-Year 2018: Best Purchase Year for First-Time Homebuyers since 2006

    RICHMOND, Va., Feb. 28, 2019 /PRNewswire/ -- Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (GNW), today released the eighth edition of the First-Time Homebuyer Market Report from its Chief Economist, Tian Liu, detailing data findings from the fourth quarter of 2018 and the full year.

  • PR Newswire

    Genworth Discloses U.S. Life Insurance Companies Statutory Cash Flow Testing and Resulting Margins For 2018

    RICHMOND, Va., Feb. 26, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) announced today its statutory capital and cash flow testing (CFT) results for its U.S. life insurance companies for the year ended December 31, 2018.  Additional financial information for the year ended December 31, 2018 will be included in the company's upcoming Annual Report on Form 10-K to be filed with the Securities and Exchange Commission. The aggregated CFT results for Genworth Life Insurance Company of New York (GLICNY) indicate no incremental CFT reserves beyond those held at December 31, 2017.

  • GlobeNewswire

    Factors of Influence in 2019, Key Indicators and Opportunity within Helmerich & Payne, Genworth Financial, PBF Energy, EastGroup Properties, Helix Energy, and The Clorox — New Research Emphasizes Economic Growth

    NEW YORK, Feb. 08, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • PR Newswire

    Genworth Financial Announces Fourth Quarter 2018 Results

    Fourth Quarter Net Loss Of $329 Million And Adjusted Operating Loss Of $291 Million Full Year Net Income Of $119 Million And Adjusted Operating Income Of $179 Million RICHMOND, Va. , Feb. 5, 2019 /PRNewswire/ ...

  • PR Newswire

    Genworth Financial To issue 4th Quarter Results On February 5th

    RICHMOND, Va. , Jan. 24, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) today announced it would issue its earnings release containing fourth quarter results after the market closes on February ...

  • PR Newswire

    Genworth Offers Support to Insurance Policyholders Affected by Government Shutdown

    In addition to the relief provided by Genworth's U.S. Life Insurance division, Genworth Mortgage Insurance supports the temporary measures that government-sponsored entities' (Fannie Mae and Freddie Mac) have announced for furloughed federal government employees or other individuals whose employment is directly impacted by the shutdown.

  • PR Newswire

    New York Regulator Approves Proposed Oceanwide Acquisition of Genworth's New York-Domiciled Insurance Company

    RICHMOND, Va., Jan. 14, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced that the New York State Department of Financial Services (NY DFS) has approved the proposed acquisition of control of New York-domiciled Genworth Life Insurance Company of New York by entities affiliated with Oceanwide in connection with the merger of Oceanwide and Genworth. As part of the NY DFS approval, Genworth and Oceanwide entered into a letter agreement with the NY DFS, acknowledging certain additional requirements relating to cyber-security matters and the protection of customer personally identifiable information.

  • PR Newswire

    Virginia Regulator Reapproves Proposed Oceanwide Acquisition of Genworth's Virginia-Domiciled Insurance Companies

    Regulators in North Carolina, South Carolina and Vermont Also Reapprove Transaction RICHMOND, Va. , Jan. 11, 2019 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group ...

  • GlobeNewswire

    Analysis: Positioning to Benefit within General Motors, RE/MAX, Genworth Financial, Merck & Co., Aerojet Rocketdyne, and Fluor — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, Dec. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • PR Newswire

    Delaware Regulator and Fannie Mae and Freddie Mac Approve Proposed Oceanwide Acquisition of Genworth Subsidiaries

    In addition, Fannie Mae and Freddie Mac have approved Oceanwide's control of Genworth Mortgage Insurance Corporation (GMICO), the flagship company of Genworth's U.S. mortgage insurance business.  Their approvals include certain conditions, which are subject to confidentiality obligations. The parties anticipate being able to meet these conditions.

  • PR Newswire

    Genworth Financial Announces Results of Annual Meeting

    RICHMOND, Va. , Dec. 13, 2018 /PRNewswire/ -- Genworth Financial, Inc. (NYSE: GNW) announced the election of all nine directors nominated at its 2018 annual meeting of stockholders today.  The board members ...