Genworth Financial (GNW) Scheduled to Post Quarterly Earnings on Wednesday

Genworth Financial (NYSE:GNW) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Individual interested in registering for the company’s earnings conference call can do so using this link.

Genworth Financial Stock Performance

NYSE:GNW opened at $6.58 on Monday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 94.00 and a beta of 0.95. The firm’s fifty day simple moving average is $6.86 and its 200 day simple moving average is $6.52. Genworth Financial has a twelve month low of $5.32 and a twelve month high of $7.25.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Genworth Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, October 29th.

Insider Activity at Genworth Financial

In related news, CEO Thomas J. Mcinerney sold 150,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $6.88, for a total transaction of $1,032,000.00. Following the completion of the sale, the chief executive officer now owns 4,532,954 shares of the company’s stock, valued at $31,186,723.52. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.80% of the company’s stock.

About Genworth Financial

Genworth Financial, Inc, together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.