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

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 lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Genworth Financial fell 7 cents (-1.3%) to $5.54 on light volume. Throughout the day, 5.6 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 8.7 million shares. The stock ranged in price between $5.54-$5.71 after having opened the day at $5.64 as compared to the previous trading day's close of $5.61. Other companies within the Insurance industry that declined today were: Kingsway Financial Services ( KFS), down 4%, Homeowners Choice ( HCI), down 3.5%, Homeowners Choice ( HCII), down 3.5%, and PICO Holdings ( PICO), down 3.3%.
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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 $2.73 billion and is part of the financial sector. The company has a P/E ratio of 5.3, below the S&P 500 P/E ratio of 17.7. Shares are down 14.4% year to date as of the close of trading on Friday. 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 compelling growth in net income, revenue growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and poor profit margins.

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).

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