Market Summary
USD5.66-0.01
Market Closed-0.18%
GNW Stock Price
GNW RSI Chart
GNW Valuation
GNW Price/Sales (Trailing)
GNW Profitability
GNW Fundamentals
GNW Revenue
GNW Earnings
Price Action
52 Week Range
3.436.40
(Low)(High)
Last 7 days
2.9%
Last 30 days
-2.6%
Last 90 days
-6.7%
Trailing 12 Months
38.4%
GNW Financial Health
GNW Investor Care
Peers (Alternatives to Genworth Financial)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
TRV | 40.0B | 37.8B | -4.33% | -0.47% | 14.3 | 1.06 | 6.99% | -29.09% |
MET | 39.7B | 69.5B | -15.78% | -22.60% | 20.37 | 0.57 | -2.45% | -71.62% |
PRU | 38.7B | 63.9B | -6.69% | -21.84% | 125.56 | 0.61 | -4.94% | -99.02% |
RE | 24.6B | 12.4B | -7.03% | 24.77% | 41.2 | 1.98 | 3.58% | -56.71% |
GL | 11.1B | 5.2B | -3.11% | 7.41% | -13.79 | 2.12 | 1.42% | -128.16% |
ATH | - | 12.0B | - | - | - | - | -71.04% | -208.46% |
| MID-CAP | ||||||||
PRI | 6.7B | 2.7B | 1.45% | 47.60% | 16.18 | 2.48 | -1.60% | 16.75% |
LNC | 3.7B | 17.9B | -0.23% | -60.74% | -1.14 | 0.21 | -10.49% | -282.57% |
AEL | 3.1B | 1.9B | 4.57% | -1.64% | 6.28 | 1.62 | -61.63% | -34.16% |
BHF | 2.8B | 7.0B | -6.11% | -16.50% | -2.47 | 0.4 | -21.55% | -201.34% |
GNW | 2.8B | 7.5B | -2.58% | 38.39% | 5.28 | 0.37 | -3.49% | -39.72% |
| SMALL-CAP | ||||||||
VERY | 110.6M | 169.0M | -0.77% | -0.01% | -6.53 | 1.09 | -2.78% | -2.63% |
AAME | 50.3M | 192.4M | -2.76% | -23.19% | 16 | 0.26 | -8.30% | -76.65% |
Financials for Genworth Financial
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | -0.5% | 7,469 | 7,507 | 7,348 | 7,579 | 7,739 |
| S&GA Expenses | 0.9% | 1,383 | 1,371 | 1,454 | 1,504 | 1,219 |
| EBITDA | -3.7% | 1,391 | 1,445 | 1,668 | 1,714 | - |
| EBITDA Margin | -5.8% | 0.19* | 0.20* | 0.22* | 0.22* | - |
| Earnings Before Taxes | -10.8% | 872 | 978 | 973 | 1,160 | 1,187 |
| EBT Margin | -1.6% | 0.13* | 0.13* | 0.15* | 0.15* | - |
| Interest Expenses | 2.8% | 109 | 106 | 109 | 118 | 135 |
| Net Income | -14.3% | 522 | 609 | 597 | 807 | 866 |
| Net Income Margin | -0.2% | 0.08* | 0.08* | 0.11* | 0.11* | - |
| Free Cahsflow | 32.4% | 1,049 | 792 | 545 | 592 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 5.5% | 91,178 | 86,442 | 85,939 | 89,068 | 93,487 |
| Cash Equivalents | -2.6% | 1,752 | 1,799 | 1,561 | 1,724 | 1,291 |
| Liabilities | 9.6% | 82,953 | 75,703 | 75,890 | 76,497 | 78,335 |
| Long Term Debt | -0.7% | 1,600 | 1,611 | 1,622 | 1,773 | 1,819 |
| Shareholder's Equity | -17.6% | 8,225 | 9,984 | 9,291 | 12,571 | 15,152 |
| Retained Earnings | -59.4% | 1,259 | 3,098 | 2,924 | 2,820 | 2,639 |
| Additional Paid-In Capital | -0.1% | 11,863 | 11,869 | 11,865 | 11,859 | 11,857 |
| Shares Outstanding | -1.6% | 487 | 495 | 504 | 509 | 508 |
| Minority Interest | 5.0% | 793 | 755 | 758 | 751 | 745 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 10.4% | 1,158 | 1,049 | 792 | 545 | 592 |
| Share Based Compensation | 13.5% | 42.00 | 37.00 | 37.00 | 35.00 | 39.00 |
| Cashflow From Investing | 30.8% | 959 | 733 | 879 | 890 | 699 |
| Cashflow From Financing | -6.6% | -1,656 | -1,554 | -2,048 | -1,925 | -1,965 |
| Buy Backs | 106.3% | 132 | 64.00 | 34.00 | 15.00 | 0.00 |
Risks for GNW
What is the probability of a big loss on GNW?
100%
Probability that Genworth Financial stock will be more than 20% underwater in next one year
53.9%
Probability that Genworth Financial stock will be more than 30% underwater in next one year.
43.9%
Probability that Genworth Financial stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does GNW drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Genworth Financial was unfortunately bought at previous high price.
Drawdowns
Returns for GNW
Cumulative Returns on GNW
-6.3%
10-Year Cumulative Returns
6.3%
7-Year Cumulative Returns
10.5%
5-Year Cumulative Returns
22.9%
3-Year Cumulative Returns
What are the long-term rolling returns for GNW?
FIve years rolling returns for Genworth Financial.
Annualized Returns
Which funds bought or sold GNW recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -8.17 | -53,161 | 360,316 | -% |
2023-05-25 | Brandywine Global Investment Management, LLC | added | 169 | 7,904,630 | 12,977,100 | 0.05% |
2023-05-25 | Empower Advisory Group, LLC | new | - | 71,387 | 71,387 | -% |
2023-05-23 | ROYCE & ASSOCIATES LP | added | 388 | 992,699 | 1,265,840 | 0.01% |
2023-05-23 | Toroso Investments, LLC | sold off | -100 | -734,000 | - | -% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -11.24 | -397,372 | 2,123,040 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -3.74 | -889,739 | 9,384,260 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 69.63 | 2,726,000 | 7,197,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -40.19 | -1,187,000 | 1,557,000 | -% |
2023-05-17 | Advisory Services Network, LLC | unchanged | - | -494 | 9,192 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Genworth Financial News
Schedule 13G FIlings of Genworth Financial
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 11.58% | 57,500,489 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 14.7% | 73,187,895 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 14.7% | 73,187,895 | SC 13G | |
| Jan 28, 2022 | blackrock inc. | 14.4% | 72,937,368 | SC 13G/A | |
| May 10, 2021 | vanguard group inc | 10.51% | 53,239,870 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 8.95% | 45,227,098 | SC 13G/A | |
| Jan 27, 2021 | blackrock inc. | 11.2% | 56,630,679 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 9.36% | 47,171,375 | SC 13G/A | |
| Feb 04, 2020 | blackrock inc. | 11.9% | 59,792,202 | SC 13G/A |
Recent SEC filings of Genworth Financial
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 23, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 144 | Notice of Insider Sale Intent | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for GNW
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-22 | McInerney Thomas J | sold | -690,500 | 5.524 | -125,000 | president and ceo; director |
2023-05-18 | Mills Howard D. III | acquired | 150,000 | 5.472 | 27,412 | - |
2023-05-18 | RESTREPO ROBERT P JR | acquired | 150,000 | 5.472 | 27,412 | - |
2023-05-18 | Dyson Karen Elizabeth | acquired | 150,000 | 5.472 | 27,412 | - |
2023-05-18 | HIGGINS MELINA E | acquired | 270,000 | 5.472 | 49,342 | - |
2023-05-18 | Goodman Jill R | acquired | 150,000 | 5.472 | 27,412 | - |
2023-05-18 | Smith Ramsey D. | acquired | 150,000 | 5.472 | 27,412 | - |
2023-05-18 | Conrad G Kent | acquired | 150,000 | 5.472 | 27,412 | - |
2023-05-18 | Sarsynski Elaine A | acquired | 236,923 | 5.472 | 43,297 | - |
2023-04-06 | Gupta Rohit | sold (taxes) | -103,885 | 5.26 | -19,750 | president & ceo, enact |
Genworth Financial, Inc. provides insurance products in the United States and internationally. The company operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.
GNW Income Statement
2023-03-31CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenues: | ||
| Premiums | $ 915 | $ 917 |
| Net investment income | 787 | 764 |
| Net investment gains (losses) | (11) | 42 |
| Policy fees and other income | 163 | 170 |
| Total revenues | 1,854 | 1,893 |
| Benefits and expenses: | ||
| Benefits and other changes in policy reserves | 1,172 | 1,165 |
| Liability remeasurement (gains) losses | 22 | (41) |
| Changes in fair value of market risk benefits and associated hedges | 17 | (41) |
| Interest credited | 126 | 125 |
| Acquisition and operating expenses, net of deferrals | 283 | 280 |
| Amortization of deferred acquisition costs and intangibles | 72 | 88 |
| Interest expense | 29 | 26 |
| Total benefits and expenses | 1,721 | 1,602 |
| Income from continuing operations before income taxes | 133 | 291 |
| Provision for income taxes | 39 | 68 |
| Income from continuing operations | 94 | 223 |
| Loss from discontinued operations, net of taxes | 0 | (2) |
| Net income | 94 | 221 |
| Less: net income from continuing operations attributable to noncontrolling interests | 32 | 30 |
| Less: net income from discontinued operations attributable to noncontrolling interests | 0 | 0 |
| Net income available to Genworth Financial, Inc.'s common stockholders | 62 | 191 |
| Net income available to Genworth Financial, Inc.'s common stockholders: | ||
| Income from continuing operations available to Genworth Financial, Inc.‘s common stockholders | 62 | 193 |
| Loss from discontinued operations available to Genworth Financial, Inc.'s common stockholders | 0 | (2) |
| Net income available to Genworth Financial, Inc.'s common stockholders | $ 62 | $ 191 |
| Income from continuing operations available to Genworth Financial, Inc.‘s common stockholders per share: | ||
| Basic | $ 0.13 | $ 0.38 |
| Diluted | 0.12 | 0.37 |
| Net income available to Genworth Financial, Inc.'s common stockholders per share: | ||
| Basic | 0.13 | 0.38 |
| Diluted | $ 0.12 | $ 0.37 |
| Weighted-average common shares outstanding: | ||
| Basic | 492.3 | 508.3 |
| Diluted | 500.1 | 517.4 |
GNW Balance Sheet
2023-03-31CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets | ||
| Fixed maturity securities available-for-sale, at fair value (amortized cost of $50,461 and $50,834, respectively, and allowance for credit losses of $15 and $—, respectively, as of March 31, 2023 and December 31, 2022) | $ 47,381 | $ 46,583 |
| Equity securities, at fair value | 364 | 319 |
| Commercial mortgage loans (net of unamortized balance of loan origination fees and costs of $4 as of March 31, 2023 and December 31, 2022) | 6,915 | 7,032 |
| Less: Allowance for credit losses | (24) | (22) |
| Commercial mortgage loans, net | 6,891 | 7,010 |
| Policy loans | 2,133 | 2,139 |
| Limited partnerships | 2,456 | 2,331 |
| Other invested assets | 617 | 566 |
| Total investments | 59,842 | 58,948 |
| Cash, cash equivalents and restricted cash | 1,752 | 1,799 |
| Accrued investment income | 700 | 643 |
| Deferred acquisition costs | 2,150 | 2,211 |
| Intangible assets | 203 | 203 |
| Reinsurance recoverable | 19,606 | 19,059 |
| Less: Allowance for credit losses | (64) | (63) |
| Reinsurance recoverable, net | 19,542 | 18,996 |
| Other assets | 478 | 488 |
| Deferred tax asset | 2,004 | 1,968 |
| Market risk benefit assets | 28 | 26 |
| Separate account assets | 4,479 | 4,417 |
| Total assets | 91,178 | 89,699 |
| Liabilities and equity | ||
| Future policy benefits | 57,558 | 55,349 |
| Policyholder account balances | 16,202 | 16,564 |
| Market risk benefit liabilities | 761 | 748 |
| Liability for policy and contract claims | 665 | 683 |
| Unearned premiums | 189 | 203 |
| Other liabilities | 1,492 | 1,675 |
| Long-term borrowings | 1,600 | 1,611 |
| Separate account liabilities | 4,479 | 4,417 |
| Liabilities related to discontinued operations | 7 | 8 |
| Total liabilities | 82,953 | 81,258 |
| Commitments and contingencies | ||
| Equity: | ||
| Class A common stock, $0.001 par value; 1.5 billion shares authorized; 603 million and 600 million shares issued as of March 31, 2023 and December 31, 2022, respectively; 487 million and 495 million shares outstanding as of March 31, 2023 and December 31, 2022, respectively | 1 | 1 |
| Additional paid-in capital | 11,863 | 11,869 |
| Accumulated other comprehensive income (loss) | (2,858) | (2,617) |
| Retained earnings | 1,259 | 1,197 |
| Treasury stock, at cost (116 million and 105 million shares as of March 31, 2023 and December 31, 2022, respectively) | (2,833) | (2,764) |
| Total Genworth Financial, Inc.'s stockholders' equity | 7,432 | 7,686 |
| Noncontrolling interests | 793 | 755 |
| Total equity | 8,225 | 8,441 |
| Total liabilities and equity | $ 91,178 | $ 89,699 |