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 was unchanged today. By the end of trading, Genworth Financial fell 34 cents (-3.3%) to $10.10 on average volume. Throughout the day, 10.6 million shares of Genworth Financial exchanged hands as compared to its average daily volume of 10.9 million shares. The stock ranged in price between $10.04-$10.55 after having opened the day at $10.49 as compared to the previous trading day's close of $10.44. Other companies within the Insurance industry that declined today were: CNinsure ( CISG), down 4.7%, CoreLogic ( CLGX), down 3.4%, MGIC Investment Corporation ( MTG), down 3.1%, and MBIA ( MBI), down 2.9%.
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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 $5.17 billion and is part of the financial sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 39% year to date as of the close of trading on Monday. Currently there are four analysts that rate Genworth Financial a buy, no analysts rate 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 solid stock price performance, impressive record of earnings per share growth and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow 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).