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

Genworth Financial ( GNW) pushed the Insurance industry lower today making it today's featured Insurance loser. The industry as a whole closed the day up 0.5%. By the end of trading, Genworth Financial fell 18 cents (-3.4%) to $5.12 on light volume. Throughout the day, 6.5 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 10.7 million shares. The stock ranged in price between $5.08-$5.27 after having opened the day at $5.19 as compared to the previous trading day's close of $5.30. Other company's within the Insurance industry that declined today were: Flagstone Reinsurance Holdings ( FSR), down 4.3%, American Safety Insurance Holdings ( ASI), down 3.6%, Unico American Corporation ( UNAM), down 3%, and StanCorp Financial Group ( SFG), down 2.7%.

Genworth Financial, Inc., a financial security company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. Genworth Financial has a market cap of $2.61 billion and is part of the financial sector. The company has a P/E ratio of 10.6, below the average insurance industry P/E ratio of 31.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 18.9% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Genworth Financial a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Genworth Financial as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

On the positive front, MGIC Investment Corporation ( MTG), up 10.7%, EMC Insurance Group ( EMCI), up 8.9%, Kingsway Financial Services ( KFS), up 8%, and Homeowners Choice ( HCII), up 3.5%, were all gainers within the insurance industry with Aflac ( AFL) being today's featured insurance industry winner.

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).
null