What is DOWLING & PARTN’s Forecast for GNW FY2026 Earnings?

Genworth Financial, Inc. (NYSE:GNW) – Investment analysts at DOWLING & PARTN upped their FY2026 EPS estimates for Genworth Financial in a research report issued to clients and investors on Monday, July 13th. DOWLING & PARTN analyst G. Dunn now anticipates that the financial services provider will earn $1.10 per share for the year, up from their previous estimate of $0.44. The consensus estimate for Genworth Financial’s current full-year earnings is $1.10 per share. DOWLING & PARTN also issued estimates for Genworth Financial’s FY2027 earnings at $1.15 EPS.

Genworth Financial (NYSE:GNW) last announced its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.72 billion. Genworth Financial had a net margin of 2.96% and a return on equity of 1.73%.

GNW has been the subject of a number of other research reports. Wall Street Zen upgraded Genworth Financial from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Keefe, Bruyette & Woods raised their price objective on Genworth Financial from $11.00 to $12.00 and gave the company an “outperform” rating in a research report on Monday. Weiss Ratings upgraded Genworth Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 30th. Finally, Zacks Research raised Genworth Financial to a “hold” rating in a report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Genworth Financial presently has a consensus rating of “Moderate Buy” and an average price target of $12.00.

Genworth Financial Stock Up 2.7%

Shares of GNW stock opened at $10.01 on Thursday. Genworth Financial has a 52-week low of $7.30 and a 52-week high of $10.09. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 19.24 and a beta of 0.85. The firm’s 50-day moving average is $9.12 and its 200-day moving average is $8.77. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.29 and a current ratio of 0.29.

Insider Activity

In related news, Director Robert P. Restrepo, Jr. sold 50,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $9.12, for a total value of $456,000.00. Following the transaction, the director owned 92,655 shares in the company, valued at approximately $845,013.60. This represents a 35.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas J. Mcinerney sold 100,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $9.27, for a total transaction of $927,000.00. Following the completion of the transaction, the chief executive officer directly owned 5,368,883 shares in the company, valued at approximately $49,769,545.41. This represents a 1.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Genworth Financial

Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in Genworth Financial by 133.2% during the 1st quarter. Bank of America Corp DE now owns 2,158,625 shares of the financial services provider’s stock worth $17,528,000 after purchasing an additional 1,232,931 shares during the last quarter. Kentucky Retirement Systems bought a new stake in Genworth Financial in the 1st quarter valued at $331,000. Amundi grew its holdings in Genworth Financial by 43.0% in the 1st quarter. Amundi now owns 99,230 shares of the financial services provider’s stock valued at $806,000 after buying an additional 29,827 shares in the last quarter. California State Teachers Retirement System grew its holdings in Genworth Financial by 25.3% in the 1st quarter. California State Teachers Retirement System now owns 481,679 shares of the financial services provider’s stock valued at $3,911,000 after buying an additional 97,272 shares in the last quarter. Finally, Royal Bank of Canada increased its position in Genworth Financial by 46.0% during the 1st quarter. Royal Bank of Canada now owns 50,232 shares of the financial services provider’s stock worth $408,000 after buying an additional 15,828 shares during the period. Institutional investors and hedge funds own 81.85% of the company’s stock.

Genworth Financial Company Profile

Genworth Financial (NYSE: GNW) is a leading financial security company offering a broad range of insurance products. Based in Richmond, Virginia, Genworth provides individuals and families with solutions designed to protect against long-term care expenses, secure life insurance needs and support homeownership through private mortgage insurance. With operations spanning the United States, Canada and Australia, the company serves both retail and institutional clients through a diversified portfolio of risk management services.

The company’s Private Mortgage Insurance (PMI) segment offers coverage to lenders and consumers in the US, Canada and Australia, enabling homebuyers to purchase properties with lower down payments.