|Bid||3.97 x 4000|
|Ask||3.98 x 1800|
|Day's Range||3.94 - 4.03|
|52 Week Range||2.66 - 4.92|
|Beta (3Y Monthly)||2.12|
|PE Ratio (TTM)||2.61|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.50|
RICHMOND, Va., Oct. 15, 2018 /PRNewswire/ -- Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (GNW), today announced the launch of Home Suite Home, its latest borrower benefit program designed to help preserve borrowers' financial stability when faced with unexpected, non-recurring homeownership costs. Upon the closing of a mortgage loan with a participating Lender, eligible borrowers who register for Home Suite Home can select one of three benefits: Appliance Home Warranty, Homeowners Insurance Deductible Reimbursement or Identity Theft Reimbursement & Restoration Consulting Services. The program helps to alleviate some unexpected homeownership costs and may improve borrowers' ability to remain current on their mortgage payments while maintaining their home and financial stability.
NEW YORK, Oct. 11, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
RICHMOND, Va., Oct. 4, 2018 /PRNewswire/ -- Genworth Holdings, Inc. (the "Company"), a direct wholly-owned subsidiary of Genworth Financial, Inc. (GNW), today announced that it has received and accepted the requisite consents with respect to its previously announced consent solicitation proposing certain amendments to the indenture (the "Indenture") governing the Company's outstanding senior notes set forth in the table below. With respect to any consent in respect of a series of notes accepted by the Company, the Company will also pay the relevant soliciting broker a fee of $2.50 per $1,000 principal amount of notes of such series to which the consent relates, provided that such fee will only be paid with respect to the first $200,000 aggregate principal amount of each series of notes for which a consent is provided by any individual holder.
RICHMOND, Va., Sept. 28, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) today commented on the release of the revised private mortgage insurer eligibility requirements (PMIERs 2.0) by the Federal Housing Finance Agency (FHFA) on September 27, 2018. This is the set of requirements that private mortgage insurers must meet to be eligible to provide mortgage insurance on loans delivered to or purchased by Fannie Mae and Freddie Mac (GSEs)—the financial aspects of which demand that a mortgage insurer's available assets equal or exceed its required assets.
Financial Inc. (GNW) and China Oceanwide Holdings Group Co. said they will provide more information to regulators in a bid to sweeten their chances of getting regulatory approval for their proposed merger. The filings offered details on an alternative funding structure for the deal in the likelihood that “international political and economic developments” could cause more delays in the implementation of its original funding structure. Genworth said it had waived Oceanwide’s proposal to contribute $525 million to facilitate the unstacking of each party’s covenants as well as Oceanwide’s obligation to pay $600 million to Genworth for its debt obligations due May 2018.
RICHMOND, Va., Sept. 14, 2018 /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 indenture governing such notes. Full details of the terms and conditions of the consent solicitation are included in the consent solicitation statement, dated September 14, 2018.
RICHMOND, Va., Sept. 14, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they are submitting supplemental information to the regulators who are reviewing their proposed transaction. The supplemental filings outline a potential alternative funding structure for the transaction that Oceanwide may implement in the event that international political and economic developments cause potential delays in implementing the original funding structure. The supplemental filings also reference the post-closing capital investment plan the parties previously announced and contain additional details about an enhanced data security program the parties are implementing in connection with the receipt of the clearance of the proposed transaction by the Committee on Foreign Investment in the United States (CFIUS).
RICHMOND, Va., Sept. 13, 2018 /PRNewswire/ -- Genworth Financial, Inc. (GNW) today announced it will hold its 2018 Annual Meeting of Stockholders on December 13, 2018, if its proposed merger with China Oceanwide Holdings Group Co., Ltd. (Oceanwide) has not yet been completed. Genworth has scheduled its 2018 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 13, 2018, the 2018 Annual Meeting will be held at 9 a.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 19, 2018, will be eligible to vote at the 2018 Annual Meeting. In the event the proposed merger is completed by December 13, 2018, the 2018 Annual Meeting will not be held.
We zoom in on four insurance outperformers that have exhibited stellar performance in a year, thus retaining investors' confidence in the industry.
Genworth Financial (GNW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
RICHMOND, Va., Aug. 28, 2018 /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 second quarter of 2018.
Banking on a favorable operating backdrop, the insurance industry seems well-poised for growth. Improving rate environment and a favorable employment backdrop should keep the momentum alive in the life insurance space.
The Zacks Analyst Blog Highlights: Athene Holding, Torchmark, Genworth Financial, American Equity Investment Life Holding and FGL Holdings
We shortlist five stocks from the top-notch Life Insurance industry to benefit investors on the back of an improving operating environment.
If you hash out your preferences early in the planning process, you can work with your financial advisor to find a way to pay for those expenses. Not everyone will wind up needing care in an assisted-living facility in old age, but everybody should plan for it, just in case. Last year the national median annual cost of a semiprivate room in a nursing home was $85,775, according to Genworth Financial.
Genworth Financial Inc. (GNW) is trading at $4.57 per share on the New York Stock Exchange and has a market capitalization of $2.29 billion. The share price is nearly 72% above the 52-week low of $2.66 and only 7.7% off the 52-week high of $4.92. Warning! GuruFocus has detected 4 Warning Signs with GNW.
Health Insurance Innovations (HIIQ) scales 52-week high on Aug 15, riding on robust Q2 results and a raised outlook for 2018.
GE’s $6.2 billion hit to income in January to catch up on losses on long-term care insurance contracts highlights the problem accounting standard-setters now say will be solved with some new rules, set to take full effect in 2021.