|Bid||4.3200 x 1800|
|Ask||4.3300 x 1200|
|Day's Range||4.2950 - 4.6100|
|52 Week Range||2.8900 - 5.0200|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||66.92|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.50|
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 ...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
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.
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.
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.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Genworth Holdings, Inc. New York, September 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Genworth Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.