Voya Financial (NYSE:VOYA) Shares Gap Down Following Weak Earnings

Voya Financial, Inc. (NYSE:VOYA) gapped down prior to trading on Wednesday following a dissappointing earnings announcement. The stock had previously closed at $75.52, but opened at $68.75. Voya Financial shares last traded at $69.7150, with a volume of 162,337 shares.

The asset manager reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.11 by ($0.17). Voya Financial had a net margin of 7.99% and a return on equity of 14.16%. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period in the previous year, the business posted $1.40 EPS. Voya Financial’s revenue for the quarter was up 5.0% on a year-over-year basis.

Voya Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, February 25th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Wednesday, February 25th. Voya Financial’s payout ratio is currently 32.30%.

Key Stories Impacting Voya Financial

Here are the key news stories impacting Voya Financial this week:

• Positive Sentiment: Management flagged continued margin expansion and announced a $150 million share buyback program for 2026, backed by what it described as record cash generation — a clear capital-return signal that can support the stock. Read More.
• Positive Sentiment: Top-line beat: revenue of ~$2.01B topped Street estimates (~$1.99B) and was up ~5% year-over-year, indicating core business momentum even as profitability per share lagged. Read More.
• Neutral Sentiment: Management commentary and the earnings presentation/call provide the clearest near-term guidance; the full transcript and slide deck are available for investors digging into segment trends and assumptions behind margin improvement. Read More.
• Neutral Sentiment: Voya continues to balance dividends, buybacks and brand initiatives (e.g., NWSL sponsorship) as part of its shareholder-return story — a mixed signal that prioritizes capital return while supporting growth/PR. Read More.
• Negative Sentiment: EPS missed consensus: Voya reported $1.94 EPS vs. ~ $2.11 expected, and that shortfall is the primary reason for the intraday selloff despite the revenue beat. Read More.
• Negative Sentiment: Operational headwinds flagged: higher expenses, some pressures on premiums and uncertainty around stop-loss results introduced earnings variability and margin risk for upcoming quarters. Read More.
• Negative Sentiment: Legal/class action note: Voya agreed to class certification in a 401(k) in-house fund challenge, which adds potential litigation exposure and an element of execution risk for plan-related businesses. Read More.

Analysts Set New Price Targets

A number of analysts have issued reports on VOYA shares. Barclays upgraded shares of Voya Financial from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $83.00 to $93.00 in a research note on Thursday, January 8th. Wall Street Zen downgraded shares of Voya Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. UBS Group set a $90.00 price objective on shares of Voya Financial in a research note on Wednesday. Weiss Ratings restated a “buy (b-)” rating on shares of Voya Financial in a report on Monday, December 29th. Finally, Royal Bank Of Canada reduced their price target on Voya Financial from $87.00 to $85.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $86.56.

Hedge Funds Weigh In On Voya Financial

Institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC bought a new stake in Voya Financial during the 3rd quarter valued at approximately $26,000. Allworth Financial LP increased its position in Voya Financial by 75.5% in the 3rd quarter. Allworth Financial LP now owns 351 shares of the asset manager’s stock worth $26,000 after buying an additional 151 shares during the period. IFP Advisors Inc lifted its holdings in shares of Voya Financial by 225.6% during the second quarter. IFP Advisors Inc now owns 433 shares of the asset manager’s stock worth $31,000 after buying an additional 300 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Voya Financial in the fourth quarter valued at approximately $33,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Voya Financial by 149.2% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 481 shares of the asset manager’s stock valued at $34,000 after acquiring an additional 288 shares during the period. 96.10% of the stock is currently owned by institutional investors.

Voya Financial Stock Performance

The firm’s 50 day moving average price is $74.79 and its 200-day moving average price is $73.89. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 11.56, a P/E/G ratio of 0.47 and a beta of 0.89. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.27 and a quick ratio of 0.27.

Voya Financial Company Profile

Voya Financial, Inc (NYSE: VOYA) is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya’s operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya’s core business activities span three key segments: Retirement, Investment Management and Employee Benefits.