Shares of Genworth Financial Inc (NYSE:GNW) have been assigned an average recommendation of “Hold” from the seven research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $3.88.

GNW has been the subject of several recent research reports. Off Wall Street initiated coverage on Genworth Financial in a research report on Monday, September 11th. They set a “buy” rating for the company. ValuEngine raised Genworth Financial from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded Genworth Financial from a “hold” rating to a “strong sell” rating in a research report on Monday, November 6th. BTIG Research reaffirmed a “neutral” rating on shares of Genworth Financial in a research report on Saturday, September 16th. Finally, Wells Fargo & Company reaffirmed a “hold” rating on shares of Genworth Financial in a research report on Tuesday, August 1st.

Genworth Financial (NYSE GNW) opened at $3.42 on Tuesday. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1,690.00, a price-to-earnings ratio of 7.19, a price-to-earnings-growth ratio of 0.72 and a beta of 2.80. Genworth Financial has a 1 year low of $3.12 and a 1 year high of $4.46.

Genworth Financial (NYSE:GNW) last released its quarterly earnings results on Thursday, November 2nd. The financial services provider reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.05). The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.12 billion. Genworth Financial had a return on equity of 1.57% and a net margin of 3.88%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.81) EPS. sell-side analysts forecast that Genworth Financial will post 0.94 EPS for the current fiscal year.

Several large investors have recently made changes to their positions in GNW. Bayesian Capital Management LP purchased a new stake in shares of Genworth Financial in the second quarter valued at $126,000. Shelton Capital Management purchased a new stake in shares of Genworth Financial in the second quarter valued at $140,000. LS Investment Advisors LLC grew its position in shares of Genworth Financial by 18.0% in the second quarter. LS Investment Advisors LLC now owns 38,939 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 5,936 shares during the period. Teacher Retirement System of Texas grew its position in Genworth Financial by 1.1% during the second quarter. Teacher Retirement System of Texas now owns 40,020 shares of the financial services provider’s stock valued at $151,000 after acquiring an additional 418 shares during the period. Finally, Fondren Management LP purchased a new stake in Genworth Financial during the second quarter valued at about $189,000. 68.09% of the stock is owned by institutional investors and hedge funds.

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Genworth Financial Company Profile

Genworth Financial, Inc (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

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