VOYA Stock Summary and Trading Ideas (Voya Financial | NYSE:VOYA)

Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.

Voya Financial trades on the NYSE stock market under the symbol VOYA.

As of April 22, 2024, VOYA stock price climbed to $68.99 with 771,342 million shares trading.

VOYA has a beta of 0.72, meaning it tends to be less sensitive to market movements. VOYA has a correlation of 0.22 to the broad based SPY ETF.

VOYA has a market cap of $7.01 billion. This is considered a Mid Cap stock.

Last quarter Voya Financial reported $2 billion in Revenue and $1.97 earnings per share. This beat revenue expectation by $99 million and exceeded earnings estimates by $.10.

In the last 3 years, VOYA stock traded as high as $78.11 and as low as $56.20.

The top ETF exchange traded funds that VOYA belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

VOYA has underperformed the market in the last year with a return of -9.2%, while the SPY ETF gained +22.3%. In the last 3 month period, VOYA fell short of the market, returning -3.4%, while SPY returned +3.9%. However, in the most recent 2 weeks VOYA has outperformed the stock market by returning -3.0%, while SPY returned -3.6%.

VOYA support price is $68.03 and resistance is $69.84 (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 VOYA stock will trade within this expected range on the day.