Genworth Financial (GNW) Scheduled to Post Quarterly Earnings on Wednesday

Genworth Financial (NYSE:GNW) will be announcing its earnings results after the market closes on Wednesday, May 1st. Parties interested in listening to the company’s conference call can do so using this link.

Genworth Financial (NYSE:GNW) last released its earnings results on Wednesday, February 21st. The financial services provider reported ($0.51) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.70). Genworth Financial had a net margin of 0.21% and a negative return on equity of 0.23%. The business had revenue of $1.91 billion for the quarter. During the same quarter in the previous year, the firm posted $0.35 EPS.

Genworth Financial Stock Performance

Genworth Financial stock opened at $6.09 on Wednesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.19. Genworth Financial has a 1 year low of $4.51 and a 1 year high of $6.93. The company has a market cap of $2.67 billion, a PE ratio of -608,500.00 and a beta of 1.06. The company’s 50-day moving average is $6.19 and its two-hundred day moving average is $6.18.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods increased their price target on shares of Genworth Financial from $6.50 to $7.00 and gave the company a “market perform” rating in a research report on Wednesday, April 10th.

About Genworth Financial

Genworth Financial, Inc, together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.