$0.23 EPS Expected for Genworth Financial, Inc. (GNW)

Florence Fletcher
April 17, 2018

Bank of New York Mellon Corp increased its position in Genworth Financial by 18.5% during the fourth quarter.

Genworth Mi Cda Inc (GMICF) presently has a 14-day Commodity Channel Index (CCI) of -81.44. Analysts expect change of 6.03 % or $0.07 from previous year's $1.16 EPS compared to current's $1.09 EPS. Covalent Partners Llc bought 13,122 shares as the company's stock declined 15.64% with the market. The hedge fund run by Frank Brosens held 1.90M shares of the life insurance company at the end of 2017Q4, valued at $5.91M, up from 1.00 million at the end of the previous reported quarter. Genworth Financial, Inc. (NYSE:GNW) has declined 29.75% since April 17, 2017 and is downtrending. Covalent Partners Llc who had been investing in Universal Fst Prods Inc for a number of months, seems to be bullish on the $2.05B market cap company. It operates through five divisions: U.S. It has a 1.67 P/E ratio. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans. T_MIC's profit would be $99.22M giving it 8.87 P/E if the $1.09 EPS is correct. Therefore 25% are positive. Scotiabank lifted their price objective on Genworth MI Canada from C$44.00 to C$46.00 and gave the stock a "sector perform" rating in a report on Thursday, February 8th. Compass Point maintained the shares of GNW in report on Monday, February 8 with "Buy" rating. The company's beta value stood at 2.39. The stock has "Buy" rating by Stifel Nicolaus on Friday, July 21. Goldman Sachs initiated the stock with "Neutral" rating in Tuesday, November 17 report. Genworth Financial had a net margin of 9.85% and a return on equity of 4.63%. Realistically speaking, this volatility measure can be used by stock traders of the mini-market for multiple reasons and purposes in evaluating the actual price momentum plus the rate of change in GNW's price. On Tuesday, December 8 the stock rating was downgraded by DA Davidson to "Underperform". Keefe Bruyette & Woods maintained the stock with "Hold" rating in Monday, February 26 report.

Investors sentiment increased to 6.72 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It also reduced its holding in Vereit Inc by 450,000 shares in the quarter, leaving it with 500,000 shares, and cut its stake in Spdr S&P 500 Etf Tr (SPY). 73 rose holdings while 30 funds acquired holdings. 349.52 million shares or 0.22% more from 348.73 million shares in 2017Q3 were reported.

Having a look in a broader way analysts from brokerage firms on the street with an extensive view have high price target of Genworth Financial Inc (NYSE:GNW) at $3.5 and with a conformist view have low price target of $3 while the stock's latest closing price was $2.73. (NYSE:GNW) for 167 shares. Geode Ltd has 0% invested in Genworth Financial, Inc.

Genworth Financial Inc (NYSE:GNW) has average revenue estimates of $2.11 Billion, compared to low analyst estimates of $2.07 Billion and high estimates of $2.14 Billion for the current quarter.

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Tracking other technical indicators, the 14-day RSI is presently standing at 42.55, the 7-day sits at 40.45, and the 3-day is resting at 37.86 for Genworth Financial Inc (GNW). (NYSE:GNW). Fincl Bank Of America De holds 0% or 792,505 shares in its portfolio.

Consequently Genworth Financial Inc (NYSE:GNW)'s weekly and monthly volatility is 3.57%, 4.15% respectively. (NYSE:GNW) is -1.70% away from the 20-Day Simple Moving Average. Cambridge Investment Incorporated holds 0% or 102,015 shares in its portfolio.

Moving average of Genworth Financial, Inc.

Currently Genworth Financial Inc (NYSE:GNW)'s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 69%. Oxbow Advisors Ltd Liability Com accumulated 25,000 shares. About 19.71 million shares traded. ARC Document Solutions, Inc. Amgen Inc. (NASDAQ:AMGN) has risen 3.78% since April 16, 2017 and is uptrending. It has underperformed by 15.45% the S&P500. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. The firm also provides archive and information management services; and specialized color printing comprising color printing, finishing and assembly of graphic materials for regional and national retailers, franchises, marketing departments, theme parks, and cultural institutions.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on April, 26. (NYSE:ARC) to report earnings on May, 1. The financial services provider reported $0.65 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.45. Now shares of Genworth Financial Inc (NYSE:GNW) have an average brokerage recommendation (ABR) of 3 number of Recs in ABR is 2 however the company's industry rank by ABR is out of 265.

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