Genworth Financial (NYSE: GNW)
You’re reading a free stock page from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Genworth Financial Return vs. S&P
| 1 Year | 5 Year | 5 Year Annualized | Since IPO |
|---|
Genworth Financial Company Info
Genworth Financial, Inc. is a financial services company, which engages in the provision of insurance, wealth management, investment and financial solutions. It operates through the following segments: U.S. Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans. The Australia Mortgage Insurance segment offers flow mortgage insurance and selectively provides bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes the results of non-strategic products which are no longer actively sold but continue to service its existing blocks of business. Its non-strategic products primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance and other accident and health insurance products. The company was founded in 1871 and is headquartered in Richmond, VA.
News & Analysis
The insurance stock posted lackluster first-quarter earnings Wednesday
Seventy percent of all current retirees will require some form of long-term care in old age.
This leader in long-term care insurance is a good buy at its present value.
The acquisition by Oceanwide may not "occur in the near term," if at all.
One of the longest-running M&A sagas on Wall Street might be finally nearing conclusion.
The company's long-running deal to be acquired is still alive, at least for another month.
The long-awaited acquisition is one step closer to being finalized.
China Oceanwide may finally be able to acquire the insurance company soon.
Valuation
Earnings Transcripts
GNW earnings call for the period ending March 31, 2023.
GNW earnings call for the period ending December 31, 2022.
GNW earnings call for the period ending September 30, 2022.
GNW earnings call for the period ending June 30, 2022.
Related Stocks
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.