Genworth Financial, Inc. (GNW)

Ruben Hill
November 15, 2017

If the $3.95 PT is reached, the company will be worth $18.86 million less. Community Health Systems (NYSE:CYH) has declined 21.59% since November 14, 2016 and is downtrending.

Analysts await Genworth Financial Inc (NYSE:GNW) to report earnings on February, 6. GNW's SI was 12.06M shares in November as released by FINRA. The value in dollars went from $11,963,000 to $11,613,000 a change of 2.9% quarter over quarter. About 828,605 shares traded. Genworth Financial Inc (NYSE:GNW) has risen 3.41% since November 14, 2016 and is uptrending.

Genworth Financial, Inc. provides mortgage insurance products that allow people to purchase homes. Genworth Financial Inc (GNW) has $1.78B valuation. It has a 5.01 P/E ratio. Therefore 13% are positive. Off Wall Street started coverage on Genworth Financial in a research report on Monday, September 11th. On September 16, 2017 BTIG Research reiterated a "Neutral" rating on the company. The firm has "Buy" rating given on Friday, June 17 by Craig Hallum. Wells Fargo & Company now has a $3.75 price objective on the financial services provider's stock. The company was downgraded on Thursday, August 6 by Raymond James. The firm has "Neutral" rating by UBS given on Tuesday, September 8.

Genworth Financial (NYSE:GNW) last issued its earnings results on Thursday, November 2nd. Compass Point maintained the stock with "Buy" rating in Monday, February 8 report. Goldman Sachs initiated the stock with "Neutral" rating in Tuesday, November 17 report.

Examining a stock's average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. Its up 0.20, from 0.95 in 2017Q1. Previously Genworth Financial Inc (NYSE:GNW) reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $-0.09 with surprise factor of -37.5%. 33 funds opened positions while 77 raised stakes. 328.49 million shares or 0.95% more from 325.39 million shares in 2017Q1 were reported. With short interest at 12,061,113 and short average daily volume at 2,943,346, days to cover is 4.0 and the percentage of shorted shares was 0.02% on October 31.

As of the end of the quarter Ubs Asset Management Americas Inc had bought 6,099 shares growing its position 2,759.7%. Currently, 2.1% of the company's shares are sold short. LS Investment Advisors LLC now owns 38,939 shares of the financial services provider's stock valued at $147,000 after acquiring an additional 5,936 shares in the last quarter. Cubist Systematic Strategies Ltd Com stated it has 0.01% in Genworth Financial Inc (NYSE:GNW).

Ownership at Genworth Financial, Inc. Citadel Advsr Limited Liability Corporation has invested 0% in Genworth Financial Inc (NYSE:GNW). State Treasurer State Of Michigan has 0.01% invested in Genworth Financial Inc (NYSE:GNW). Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement. Brown Advisory holds 496,170 shares.

Investors sentiment increased to 1.15 in 2017 Q2. Its down 0.28, from 1.23 in 2017Q1. 39 funds opened positions while 51 raised stakes. Amalgamated Natl Bank reported 13,446 shares. Manufacturers Life Communications The has invested 0% in Digimarc Corp (NASDAQ:DMRC). Highbridge Limited Liability Corporation accumulated 197,802 shares. Royal Bank Of Canada holds 0% or 224 shares. Lafitte Capital Ltd Partnership, a Texas-based fund reported 13,600 shares. Herald Inv Mngmt Limited holds 0.14% or 10,000 shares in its portfolio. 65,958 are owned by Gateway Investment Advisers Limited. Nationwide Fund Advisors holds 5,562 shares or 0% of its portfolio. Sei Invs Company holds 0% of its portfolio in Community Health Systems (NYSE:CYH) for 28 shares. Next Financial Grp Incorporated owns 31,651 shares. The company has market cap of $471.53 million. The Firm operates through media management solutions segment. It now has negative earnings. They expect $0.20 earnings per share, up 174.07% or $0.47 from last year's $-0.27 per share.

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