DOWLING & PARTN Weighs in on Voya Financial FY2026 Earnings

Voya Financial, Inc. (NYSE:VOYA) – Equities research analysts at DOWLING & PARTN dropped their FY2026 earnings per share estimates for Voya Financial in a research report issued on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the asset manager will post earnings of $9.45 per share for the year, down from their prior forecast of $9.70. The consensus estimate for Voya Financial’s current full-year earnings is $9.40 per share. DOWLING & PARTN also issued estimates for Voya Financial’s FY2027 earnings at $10.95 EPS and FY2028 earnings at $12.40 EPS.

Voya Financial (NYSE:VOYA) last released its earnings results on Tuesday, May 5th. The asset manager reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.24. The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.98 billion. Voya Financial had a net margin of 8.24% and a return on equity of 13.84%. The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.00 EPS.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their target price on shares of Voya Financial from $89.00 to $88.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Jefferies Financial Group boosted their price objective on Voya Financial from $80.00 to $85.00 and gave the company a “hold” rating in a research note on Friday, July 10th. Wells Fargo & Company upped their target price on Voya Financial from $89.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Morgan Stanley raised their target price on Voya Financial from $84.00 to $92.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Bank of America lowered their target price on Voya Financial from $72.00 to $70.00 and set an “underperform” rating for the company in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $97.69.

Voya Financial Trading Up 2.0%

NYSE:VOYA opened at $100.48 on Wednesday. Voya Financial has a 52 week low of $64.50 and a 52 week high of $103.85. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.27 and a current ratio of 0.27. The firm’s fifty day moving average is $88.36 and its 200-day moving average is $78.53. The firm has a market cap of $9.11 billion, a P/E ratio of 15.18, a P/E/G ratio of 0.91 and a beta of 0.91.

Voya Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Tuesday, May 26th were issued a dividend of $0.47 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.88 annualized dividend and a yield of 1.9%. Voya Financial’s dividend payout ratio is presently 28.40%.

Insiders Place Their Bets

In other Voya Financial news, insider Trevor Ogle sold 3,994 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $90.00, for a total value of $359,460.00. Following the transaction, the insider directly owned 2,887 shares of the company’s stock, valued at approximately $259,830. This trade represents a 58.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.57% of the company’s stock.

Institutional Investors Weigh In On Voya Financial

Several hedge funds and other institutional investors have recently made changes to their positions in VOYA. Allworth Financial LP raised its holdings in shares of 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 acquiring an additional 151 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in Voya Financial during the 4th quarter worth approximately $28,000. V Square Quantitative Management LLC bought a new stake in Voya Financial during the 4th quarter worth approximately $33,000. Systematic Financial Management LP purchased a new stake in shares of Voya Financial in the fourth quarter worth approximately $37,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Voya Financial by 625.0% in the second quarter. EverSource Wealth Advisors LLC now owns 551 shares of the asset manager’s stock worth $39,000 after purchasing an additional 475 shares during the last quarter. 96.10% of the stock is owned by institutional investors.

About Voya Financial

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.