Genworth Financial (GNW) Scheduled to Post Quarterly Earnings on Wednesday

Genworth Financial (NYSE:GNW) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Parties that are interested in participating in the company’s conference call can do so using this link.

Genworth Financial Stock Down 2.4 %

GNW stock opened at $6.58 on Monday. The company’s 50 day simple moving average is $6.86 and its 200-day simple moving average is $6.52. The firm has a market capitalization of $2.84 billion, a PE ratio of 94.00 and a beta of 0.95. Genworth Financial has a 12 month low of $5.32 and a 12 month high of $7.25. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.29 and a quick ratio of 0.29.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Genworth Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th.

Insider Activity

In related news, CEO Thomas J. Mcinerney sold 150,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $6.88, for a total transaction of $1,032,000.00. Following the transaction, the chief executive officer now owns 4,532,954 shares of the company’s stock, valued at approximately $31,186,723.52. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.80% of the company’s stock.

Genworth Financial Company Profile

Genworth Financial, Inc, together with its subsidiaries, provides mortgage and long-term care insurance products in the United States and internationally. It operates in three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products.