Genworth Financial Inc (GNW): Today's Featured Insurance Laggard

Genworth Financial was a leading decliner within the insurance industry, falling $0.37 (-2.8%) to $12.99 on heavy volume
By TheStreet Wire ,

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.

Genworth Financial

(

GNW

) 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:

Meadowbrook Insurance Group

(

MIG

), down 10.0%,

Baldwin & Lyons

(

BWINA

), down 6.3%,

Axis Capital Holdings

(

AXS

), down 3.9% and

Eastern Insurance Holdings

(

EIHI

), 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

buy

. 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.

On the positive front,

eHealth

(

EHTH

), up 28.4%,

First Acceptance Corporation

(

FAC

), up 5.1%,

Donegal Group

(

DGICB

), up 4.3% and

CorVel Corporation

(

CRVL

), up 4.0% , were all gainers within the insurance industry with

Aflac

(

AFL

) being today's featured insurance industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider

KBW Insurance ETF

(

KIE

) while those bearish on the insurance industry could consider

Proshares Short Financials

(

SEF

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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