Genworth Financial Inc (GNW): Today's Featured Insurance Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Genworth Financial fell $0.37 (-2.8%) to $12.99 on heavy volume. Throughout the day, 17,250,000 shares of Genworth Financial exchanged hands as compared to its average daily volume of 8,524,300 shares. The stock ranged in price between $12.62-$13.24 after having opened the day at $12.87 as compared to the previous trading day's close of $13.36. Other companies within the Insurance industry that declined today were:
(
), down 10.0%,
(
), down 6.3%,
(
), down 3.9% and
(
), down 2.9%.
Genworth Financial, Inc., a financial services company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company's U.S. Genworth Financial has a market cap of $6.5 billion and is part of the financial sector. Shares are up 77.9% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Genworth Financial a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Genworth Financial
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Genworth Financial Ratings Report.
On the positive front,
(
), up 28.4%,
(
), up 5.1%,
(
), up 4.3% and
(
), up 4.0% , were all gainers within the insurance industry with
(
) being today's featured insurance industry leader.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
(
) while those bearish on the insurance industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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