GNW - Genworth Financial Inc Stock Price, Fair Value and News

6.68USD+0.09 (+1.37%)Delayed

Market Summary

USD6.68+0.09

Delayed

1.37%

GNW Stock Price

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GNW RSI Chart

GNW Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

31.44

Price/Sales (Trailing)

0.39

EV/EBITDA

3.61

Price/Free Cashflow

6.18

GNW Price/Sales (Trailing)

GNW Profitability

EBT Margin

4.40%

Return on Equity

1.05%

Return on Assets

0.1%

Free Cashflow Yield

16.18%

GNW Fundamentals

GNW Revenue

Revenue (TTM)

7.5B

Rev. Growth (Yr)

0.54%

Rev. Growth (Qtr)

-2.46%

GNW Earnings

Earnings (TTM)

93.0M

Earnings Growth (Yr)

13.93%

Earnings Growth (Qtr)

165.57%

Breaking Down GNW Revenue

Last 7 days

0.9%

Last 30 days

15.4%

Last 90 days

9.0%

Trailing 12 Months

17.2%

How does GNW drawdown profile look like?

GNW Financial Health

Debt/Equity

0.18

Debt/Cashflow

0.3

GNW Investor Care

Buy Backs (1Y)

8.42%

Diluted EPS (TTM)

0.19

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	7.5B	0	0	0
2023	7.5B	7.5B	7.4B	7.5B
2022	7.7B	7.6B	7.4B	7.5B
2021	8.5B	8.5B	8.3B	7.8B
2020	7.9B	7.9B	8.2B	8.3B
2019	8.0B	8.0B	8.0B	8.1B
2018	8.1B	7.9B	7.6B	7.9B
2017	8.8B	8.7B	8.8B	8.3B
2016	8.2B	8.3B	8.3B	8.4B
2015	8.7B	8.7B	8.6B	8.5B
2014	9.2B	9.0B	8.9B	8.7B
2013	9.6B	9.6B	9.5B	9.4B
2012	9.8B	9.7B	9.7B	9.6B
2011	10.1B	10.2B	10.0B	9.9B
2010	9.8B	9.7B	10.0B	10.1B
2009	8.9B	9.0B	9.2B	9.1B
2008	0	10.7B	10.3B	9.9B
2007	0	0	0	11.1B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Genworth Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 25, 2024	white andrea lynn	acquired	-	-	37,203	evp-carescout insurance
Mar 25, 2024	karawan gregory s.	acquired	-	-	17,362	evp and general counsel
Mar 25, 2024	white andrea lynn	sold (taxes)	-106,379	6.34	-16,779	evp-carescout insurance
Mar 25, 2024	karawan gregory s.	sold (taxes)	-49,648	6.34	-7,831	evp and general counsel
Mar 25, 2024	upton jerome t	acquired	-	-	24,802	evp & chief financial officer
Mar 25, 2024	gupta rohit	acquired	-	-	105,407	president & ceo, enact
Mar 25, 2024	gupta rohit	sold (taxes)	-293,713	6.34	-46,327	president & ceo, enact
Mar 25, 2024	upton jerome t	sold (taxes)	-65,416	6.34	-10,318	evp & chief financial officer
Mar 01, 2024	white andrea lynn	sold (taxes)	-593,395	6.15	-96,487	evp-carescout insurance
Mar 01, 2024	mcinerney thomas j	sold (taxes)	-6,527,280	6.15	-1,061,350	president and ceo; director

Which funds bought or sold GNW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-42.6	-2,102,820	2,596,910	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-7.58	-366,805	2,955,990	-%
May 16, 2024	COMERICA BANK	reduced	-63.02	-2,302,230	1,272,340	-%
May 16, 2024	Virtus Investment Advisers, Inc.	reduced	-57.32	-389,584	271,616	0.19%
May 16, 2024	Pineridge Advisors LLC	sold off	-100	-8,911	-	-%
May 16, 2024	EJF Capital LLC	added	25.41	618,855	3,605,940	2.51%
May 16, 2024	INNEALTA CAPITAL, LLC	added	25.38	53,857	314,170	0.13%
May 16, 2024	HANCOCK WHITNEY CORP	added	1.74	-18,282	866,051	0.03%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-10.82	-1,945,600	11,794,200	-%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	added	400	51.00	64.00	-%

Are Funds Buying or Selling GNW?

Are funds buying GNW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GNW

No. of Funds

Unveiling Genworth Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.73%	52,895,552	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.7%	30,294,805	SC 13G
Jan 22, 2024	blackrock inc.	14.7%	66,119,154	SC 13G/A
Feb 09, 2023	vanguard group inc	11.58%	57,500,489	SC 13G/A
Jan 26, 2023	blackrock inc.	14.7%	73,187,895	SC 13G/A
Jan 20, 2023	blackrock inc.	14.7%	73,187,895	SC 13G
Jan 28, 2022	blackrock inc.	14.4%	72,937,368	SC 13G/A
May 10, 2021	vanguard group inc	10.51%	53,239,870	SC 13G/A
Feb 10, 2021	vanguard group inc	8.95%	45,227,098	SC 13G/A
Jan 27, 2021	blackrock inc.	11.2%	56,630,679	SC 13G/A

Recent SEC filings of Genworth Financial Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
Apr 26, 2024	13F-HR	Fund Holdings Report
Apr 17, 2024	PX14A6G	PX14A6G
Apr 11, 2024	S-3ASR	S-3ASR
Apr 08, 2024	ARS	ARS
Apr 08, 2024	DEF 14A	DEF 14A
Apr 08, 2024	DEFA14A	DEFA14A
Mar 27, 2024	PRE 14A	PRE 14A

Peers (Alternatives to Genworth Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

Genworth Financial Inc News

Latest updates

Genworth Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.5%	1,864	1,911	1,831	1,892	1,854	1,867	1,848	1,887	1,893	1,736	2,070	2,041	1,985	2,154	2,318	2,003	1,809	2,038	2,020	1,994	2,044
S&GA Expenses	-4.8%	236	248	228	226	240	225	245	579	236	129	290	304	275	253	235	210	237	196	247	229	237
EBITDA Margin	2.9%	0.09*	0.09*	0.19*	0.21*	0.22*	0.24*	0.20*	0.22*	0.23*	0.21*	0.23*	0.25*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	30.00	30.00	30.00	29.00	29.00	28.00	26.00	26.00	26.00	31.00	35.00	43.00	51.00	55.00	47.00	42.00	51.00	52.00	59.00	60.00	60.00
Income Taxes	283.3%	66.00	-36.00	30.00	55.00	55.00	119	54.00	62.00	84.00	47.00	67.00	75.00	59.00	82.00	130	23.00	-5.00	-30.00	34.00	66.00	69.00
Earnings Before Taxes	208.8%	236	-217	90.00	221	209	529	220	260	356	186	373	320	233	383	532	78.00	-65.00	-112	172	224	237
EBT Margin	8.8%	0.04*	0.04*	0.14*	0.16*	0.16*	0.18*	0.14*	0.15*	0.16*	0.14*	0.16*	0.17*	-	-	-	-	-	-	-	-	-
Net Income	165.6%	139	-212	29.00	137	122	381	136	159	240	163	314	240	187	267	418	-441	-66.00	-17.00	18.00	168	174
Net Income Margin	22.2%	0.01*	0.01*	0.09*	0.10*	0.11*	0.12*	0.09*	0.12*	0.12*	0.12*	0.12*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	-172.8%	-107	147	175	258	17.00	404	308	429	-92.00	147	61.00	476	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.8%	89,192	90,817	85,466	89,844	91,178	89,714	85,939	89,068	93,487	99,171	99,875	100,650	98,558	122,346	104,925	103,637	98,844	101,342	105,653	104,306	102,188
Cash Equivalents	-11.9%	1,952	2,215	1,993	2,173	1,752	1,799	1,561	1,724	1,291	1,571	1,937	2,214	1,964	2,561	2,740	2,523	2,406	-	1,629	1,715	2,020
Liabilities	-2.6%	80,313	82,482	76,588	81,577	82,953	81,328	75,890	76,497	78,335	82,905	83,823	85,486	83,800	120,269	89,693	88,549	84,010	86,710	89,508	88,714	87,306
Long Term Debt	-0.3%	1,579	1,584	1,602	1,601	1,600	1,611	1,622	1,773	1,819	1,899	2,412	2,924	2,922	3,403	3,570	2,817	2,851	3,277	3,706	2,817	4,035
Shareholder's Equity	18.7%	8,879	7,480	8,056	8,267	8,232	7,631	8,018	7,232	5,819	4,285	16,052	15,164	14,758	1,575	15,232	15,088	14,834	14,632	16,145	15,592	14,882
Retained Earnings	11.5%	1,352	1,213	1,426	1,398	1,259	1,139	2,924	2,820	2,639	2,490	2,325	2,011	1,771	-626	1,317	899	1,340	1,461	1,478	1,460	1,292
Additional Paid-In Capital	-0.1%	11,873	11,884	11,877	11,869	11,863	11,869	11,865	11,859	11,857	11,858	11,850	12,018	12,011	12,008	11,997	11,996	11,993	11,990	11,986	11,983	11,989
Shares Outstanding	-1.6%	440	447	461	473	492	495	504	509	508	507	507	507	-	-	-	-	-	-	-	-	-
Minority Interest	2.1%	873	855	822	807	793	755	758	751	745	756	776	-	-	502	476	445	385	447	1,758	1,835	1,808
Float	-	-	-	-	2,300	-	-	-	1,800	-	-	-	2,000	-	-	-	1,200	-	-	-	1,900	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-172.8%	-107	147	175	258	17.00	404	308	429	-92.00	147	61.00	476	-247	508	153	619	680	471	813	661	134
Share Based Compensation	16.7%	14.00	12.00	12.00	10.00	15.00	8.00	9.00	10.00	10.00	8.00	7.00	14.00	11.00	17.00	3.00	9.00	10.00	9.00	7.00	4.00	6.00
Cashflow From Investing	-58.9%	143	348	-4.00	553	364	281	-83.00	397	138	427	-72.00	206	335	126	-392	-336	-551	1,849	-197	-628	277
Cashflow From Financing	-9.5%	-299	-273	-352	-390	-428	-447	-388	-393	-326	-941	-265	-433	-780	-773	410	-187	-957	-975	-547	-320	-375
Buy Backs	80.0%	63.00	35.00	80.00	113	68.00	30.00	19.00	15.00	-	-	-	-	-	-	-	-	-	-	-	-	-

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GNW Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenues:

Premiums

$ 875

$ 915

Net investment income

782

787

Net investment gains (losses)

(11)

Policy fees and other income

158

163

Total revenues

1,864

1,854

Benefits and expenses:

Benefits and other changes in policy reserves

1,203

1,176

Liability remeasurement (gains) losses

(8)

(15)

Changes in fair value of market risk benefits and associated hedges

(23)

Interest credited

125

126

Acquisition and operating expenses, net of deferrals

236

240

Amortization of deferred acquisition costs and intangibles

Interest expense

Total benefits and expenses

1,628

1,645

Income from continuing operations before income taxes

236

209

Provision for income taxes

Income from continuing operations

170

154

Loss from discontinued operations, net of taxes

(1)

Net income

169

154

Less: net income attributable to noncontrolling interests

Net income available to Genworth Financial, Inc.'s common stockholders

$ 139

$ 122

Income from continuing operations available to Genworth Financial, Inc.'s common stockholders per share:

Basic

$ 0.32

$ 0.25

Diluted

0.31

0.24

Net income available to Genworth Financial, Inc.'s common stockholders per share:

Basic

^[1]

0.31

0.25

Diluted

$ 0.31

$ 0.24

Weighted-average common shares outstanding:

Basic

443.0

492.3

Diluted

450.3

500.1

[1]	May not total due to whole number calculation.

GNW Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Assets
Fixed maturity securities available-for-sale, at fair value (amortized cost of $49,281 and $49,365, respectively, and allowance for credit losses of $7 as of March 31, 2024 and December 31, 2023)	$ 46,065	$ 46,781
Equity securities, at fair value	427	396
Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of March 31, 2024 and December 31, 2023)	6,748	6,829
Less: Allowance for credit losses	(29)	(27)
Commercial mortgage loans, net	6,719	6,802
Policy loans	2,219	2,220
Limited partnerships	2,949	2,821
Other invested assets	683	731
Total investments	59,062	59,751
Cash, cash equivalents and restricted cash	1,952	2,215
Accrued investment income	707	647
Deferred acquisition costs	1,934	1,988
Intangible assets	197	198
Reinsurance recoverable	18,315	19,054
Less: Allowance for credit losses	(27)	(29)
Reinsurance recoverable, net	18,288	19,025
Other assets	516	489
Deferred tax asset	1,839	1,952
Market risk benefit assets	52	43
Separate account assets	4,645	4,509
Total assets	89,192	90,817
Liabilities and equity
Future policy benefits	55,545	57,655
Policyholder account balances	15,315	15,540
Market risk benefit liabilities	528	625
Liability for policy and contract claims	673	652
Unearned premiums	139	149
Other liabilities	1,889	1,768
Long-term borrowings	1,579	1,584
Separate account liabilities	4,645	4,509
Total liabilities	80,313	82,482
Commitments and contingencies (Note 16)
Equity:
Class A common stock, $0.001 par value; 1,500,000,000 shares authorized; 606,168,754 and 603,151,611 shares issued as of March 31, 2024 and December 31, 2023, respectively; 439,599,677 and 446,823,204 shares outstanding as of March 31, 2024 and December 31, 2023, respectively	1	1
Additional paid-in capital	11,873	11,884
Accumulated other comprehensive income (loss)	(2,094)	(2,555)
Retained earnings	1,352	1,213
Treasury stock, at cost (166,569,077 and 156,328,407 shares as of March 31, 2024 and December 31, 2023, respectively)	(3,126)	(3,063)
Total Genworth Financial, Inc.'s stockholders' equity	8,006	7,480
Noncontrolling interests	873	855
Total equity	8,879	8,335
Total liabilities and equity	$ 89,192	$ 90,817

About Genworth Financial Inc

Genworth Financial, Inc. provides insurance products in the United States and internationally. It operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.

CEO	Mr. Thomas Joseph McInerney
WEBSITE	genworth.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	2500

Genworth Financial Inc Frequently Asked Questions

What is the ticker symbol for Genworth Financial Inc? What does GNW stand for in stocks?

GNW is the stock ticker symbol of Genworth Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Genworth Financial Inc (GNW)?

As of Fri May 17 2024, market cap of Genworth Financial Inc is 2.92 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GNW stock?

You can check GNW's fair value in chart for subscribers.

What is the fair value of GNW stock?

You can check GNW's fair value in chart for subscribers. The fair value of Genworth Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Genworth Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GNW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Genworth Financial Inc a good stock to buy?

The fair value guage provides a quick view whether GNW is over valued or under valued. Whether Genworth Financial Inc is cheap or expensive depends on the assumptions which impact Genworth Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GNW.

What is Genworth Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GNW's PE ratio (Price to Earnings) is 31.44 and Price to Sales (PS) ratio is 0.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GNW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Genworth Financial Inc's stock?

In the past 10 years, Genworth Financial Inc has provided -0.092 (multiply by 100 for percentage) rate of return.