Voya Financial (VOYA) to Release Earnings on Tuesday

Voya Financial (NYSE:VOYA) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $1.63 per share and revenue of $1.94 billion for the quarter.

Voya Financial (NYSE:VOYA) last released its quarterly earnings data on Tuesday, February 4th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. 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 Price Performance

Shares of VOYA stock opened at $59.72 on Tuesday. Voya Financial has a twelve month low of $52.43 and a twelve month high of $84.30. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 9.76, a P/E/G ratio of 0.48 and a beta of 0.93. The stock has a fifty day simple moving average of $64.49 and a two-hundred day simple moving average of $71.39. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59.

Voya Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, February 25th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend was Tuesday, February 25th. Voya Financial’s dividend payout ratio is 29.41%.

Analyst Ratings Changes

Several brokerages have weighed in on VOYA. Royal Bank of Canada lowered their target price on Voya Financial from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Monday, February 3rd. Morgan Stanley upgraded Voya Financial from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $76.00 to $87.00 in a research note on Friday, February 28th. Barclays reduced their target price on Voya Financial from $75.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Friday, April 11th. Wells Fargo & Company reduced their target price on Voya Financial from $79.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 10th. Finally, Keefe, Bruyette & Woods cut their price objective on Voya Financial from $84.00 to $80.00 and set an “outperform” rating on the stock in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $80.92.

About Voya Financial

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.