28-Mar-2024
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Business Wire (Tue, 12-Mar 8:55 AM ET)
Genworth Financial Announces Fourth Quarter 2023 Results
Business Wire (Wed, 21-Feb 4:15 PM ET)
CareScout, a Genworth Company, Aims to Redefine Quality and Build Trust in Long-Term Care
Business Wire (Tue, 13-Feb 8:30 AM ET)
Genworth Financial Schedules Earnings Conference Call for February 22
Business Wire (Mon, 22-Jan 4:15 PM ET)
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, Life and Annuities segment and Long-Term Care Insurance. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the Long-Term Care Insurance segment. The company earns most of its revenue in the United States.
Genworth Finl trades on the NYSE stock market under the symbol GNW.
As of March 28, 2024, GNW stock price climbed to $6.43 with 2,365,575 million shares trading.
GNW has a beta of 0.18, meaning it tends to be less sensitive to market movements. GNW has a correlation of 0.00 to the broad based SPY ETF.
GNW has a market cap of $2.90 billion. This is considered a Mid Cap stock.
Last quarter Genworth Finl reported $2 billion in Revenue and -$.51 earnings per share. This fell short of revenue expectation by $-69 million and missed earnings estimates by -$.70.
In the last 3 years, GNW stock traded as high as $6.93 and as low as $3.23.
The top ETF exchange traded funds that GNW belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.
GNW has underperformed the market in the last year with a price return of +29.4% while the SPY ETF gained +33.6%. GNW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.1% and +1.4%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
GNW support price is $6.29 and resistance is $6.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GNW stock will trade within this expected range on the day.