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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Genworth Financial ( GNW) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.1%. By the end of trading, Genworth Financial rose 11 cents (2.1%) to $5.45 on heavy volume. Throughout the day, 15.8 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 8.4 million shares. The stock ranged in a price between $5.40-$5.57 after having opened the day at $5.40 as compared to the previous trading day's close of $5.34. Other companies within the Insurance industry that increased today were: Life Partners Holdings ( LPHI), up 32.8%, 21st Century Holding Company ( TCHC), up 4.2%, Greenlight Capital Re ( GLRE), up 4%, and Citizens ( CIA), up 3.3%.

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 $2.27 billion and is part of the financial sector. The company has a P/E ratio of 5.6, below the average insurance industry P/E ratio of 8.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 19.8% year to date as of the close of trading on Monday. Currently there are two analysts that rate Genworth Financial a buy, one analyst rates it a sell, and eight 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 compelling growth in net income, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins.

On the negative front, Homeowners Choice ( HCII), down 3.2%, National Interstate Corporation ( NATL), down 3.1%, Safety Insurance Group ( SAFT), down 2.4%, and Imperial Holdings ( IFT), down 2%, were all laggards within the insurance industry with Cincinnati Financial Corporation ( CINF) being today's insurance industry laggard.

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

More from Markets

Stocks Extend Gains Amid Progress on U.S.-China Trade

Stocks Extend Gains Amid Progress on U.S.-China Trade

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

J.C. Penney Shares Fall as CEO Marvin Ellison Resigns to Head Lowe's

J.C. Penney Shares Fall as CEO Marvin Ellison Resigns to Head Lowe's

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know