GNW - Genworth Financial, Inc.

NYSE - NYSE Delayed Price. Currency in USD
4.3300
+0.0200 (+0.46%)
At close: 4:03PM EST
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Previous Close4.3100
Open4.3100
Bid4.3100 x 4000
Ask4.3000 x 28000
Day's Range4.2600 - 4.3400
52 Week Range2.8900 - 4.9400
Volume2,704,952
Avg. Volume3,689,487
Market Cap2.18B
Beta (5Y Monthly)1.68
PE Ratio (TTM)66.62
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateOct 06, 2008
1y Target EstN/A
All
News
Press Releases
  • PR Newswire

    Genworth Financial Schedules Earnings Conference Call For February 5th

    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.

  • PR Newswire

    Genworth and Oceanwide Extend Merger Agreement

    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.

  • PR Newswire

    Genworth Announces Redemption of Outstanding 2020 Senior Notes

    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.

  • PR Newswire

    Genworth Financial Announces Results of Annual Meeting

    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.

  • PR Newswire

    Genworth Completes Sale of its Stake in Genworth MI Canada Inc. to Brookfield Business Partners

    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).

  • PR Newswire

    Genworth Mortgage Insurance's Economist Report, Third Quarter: Modest Rebound in First-Time Homebuyer Market; Largest Refinance Opportunity for First-Time Homebuyers

    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/.

  • PR Newswire

    Canadian Regulators Approve Sale of Genworth's Stake in Genworth MI Canada Inc. to Brookfield Business Partners

    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.

  • PR Newswire

    Broadcast and Presentation Information For Genworth Financial 2019 Annual Meeting Of Stockholders

    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.

  • PR Newswire

    Genworth Financial Announces Third Quarter 2019 Results

    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 ...

  • PR Newswire

    Genworth Announces Update on Sale of Stake in Genworth MI Canada Inc. to Brookfield Business Partners

    RICHMOND, Va., Oct. 22, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) (Genworth) today announced it received feedback from Canadian regulators with respect to the transaction (the "Proposed Transaction") pursuant to which Brookfield Business Partners L.P. (Brookfield Business Partners) has agreed to purchase Genworth's majority interest in Genworth MI Canada Inc. (Genworth Canada). As previously disclosed, discussions with the Canadian regulators with respect to the acquisition of Genworth by China Oceanwide Holdings Group Co., Ltd. (Oceanwide) and its affiliates (the "Oceanwide Transaction") were focused on national security matters, including data protection and the safeguarding of our customers' information.

  • Genworth Cost of Care Survey 2019: Skyrocketing care costs may make the dream of aging at home more challenging
    PR Newswire

    Genworth Cost of Care Survey 2019: Skyrocketing care costs may make the dream of aging at home more challenging

    RICHMOND, Va., Oct. 16, 2019 /PRNewswire/ -- The fastest-rising long term care costs are no longer for the most skilled care – in a facility, they're now for the least-complex care – at home, according to Genworth's latest 2019 Cost of Care Survey results, announced today. To explore Cost of Care data by city, state or zip code, find trend charts and access lists of states ranked in order of care costs, visit www.genworth.com/costofcare. The cost of homemaker services, which includes assistance with "hands-off" tasks such as cooking, cleaning and running errands, has increased 7.14 percent in the last 12 months alone.

  • PR Newswire

    Genworth Financial Schedules Earnings Conference Call For October 30th

    RICHMOND, Va., Oct. 15, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) today announced it would issue its earnings release containing third quarter results after the market closes on October 29, 2019. A conference call will be held on October 30, 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.

  • PR Newswire

    Genworth Financial Announces Date of 2019 Annual Stockholders Meeting

    RICHMOND, Va., Sept. 12, 2019 /PRNewswire/ -- Genworth Financial, Inc. (GNW) today announced it will hold its 2019 Annual Meeting of Stockholders on December 12, 2019, if its proposed merger with China Oceanwide Holdings Group Co., Ltd. (Oceanwide) has not yet been completed. Genworth has scheduled its 2019 Annual Meeting to ensure that it remains in compliance with the New York Stock Exchange listing standards, which require each listed issuer to hold an annual meeting of stockholders during each calendar year. In the event the proposed merger is not completed by December 12, 2019, the 2019 Annual Meeting will be held at 3 p.m. Eastern Standard Time at The Westin Richmond, 6631 West Broad Street, Richmond, Virginia, 23230.  Holders of record of Genworth's Class A common stock on October 18, 2019, will be eligible to vote at the 2019 Annual Meeting.  In the event the proposed merger is completed by December 12, 2019, the 2019 Annual Meeting will not be held.

  • 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 ...