Voya Financial (VOYA) Scheduled to Post Earnings on Tuesday

Voya Financial (NYSE:VOYA) is scheduled to release its earnings data after the market closes on Tuesday, April 30th. Analysts expect Voya Financial to post earnings of $1.67 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Voya Financial (NYSE:VOYA) last posted its quarterly earnings data on Tuesday, February 6th. The asset manager reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.02. Voya Financial had a return on equity of 16.60% and a net margin of 8.51%. The firm had revenue of $236.00 million for the quarter, compared to the consensus estimate of $304.66 million. On average, analysts expect Voya Financial to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Voya Financial Stock Performance

Shares of VOYA opened at $68.99 on Tuesday. The company has a 50-day moving average of $69.70 and a two-hundred day moving average of $70.27. The stock has a market cap of $6.99 billion, a price-to-earnings ratio of 12.71, a PEG ratio of 0.46 and a beta of 1.06. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.30 and a quick ratio of 0.30. Voya Financial has a one year low of $63.02 and a one year high of $77.50.

Voya Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Monday, February 26th were given a $0.40 dividend. The ex-dividend date was Friday, February 23rd. This represents a $1.60 annualized dividend and a dividend yield of 2.32%. Voya Financial’s dividend payout ratio (DPR) is presently 29.47%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Voya Financial from $85.00 to $91.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Royal Bank of Canada dropped their price target on Voya Financial from $85.00 to $83.00 and set an “outperform” rating on the stock in a research report on Thursday, February 8th. Morgan Stanley decreased their price objective on Voya Financial from $79.00 to $78.00 and set an “overweight” rating for the company in a research report on Friday, March 1st. StockNews.com upgraded Voya Financial from a “sell” rating to a “hold” rating in a report on Saturday, December 30th. Finally, Evercore ISI increased their price target on shares of Voya Financial from $79.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.

Voya Financial Company Profile

Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.