FY2026 EPS Estimates for Voya Financial Decreased by Analyst

Voya Financial, Inc. (NYSE:VOYA) – Research analysts at DOWLING & PARTN reduced their FY2026 earnings per share estimates for shares of Voya Financial in a report released on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now expects that the asset manager will earn $9.45 per share for the year, down from their previous forecast of $9.70. The consensus estimate for Voya Financial’s current full-year earnings is $9.49 per share. DOWLING & PARTN also issued estimates for Voya Financial’s FY2027 earnings at $10.95 EPS and FY2028 earnings at $12.40 EPS.

VOYA has been the subject of several other research reports. Weiss Ratings upgraded shares of Voya Financial from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th. Barclays lifted their price target on shares of Voya Financial from $98.00 to $105.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Wells Fargo & Company increased their price objective on shares of Voya Financial from $89.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. UBS Group raised their target price on Voya Financial from $95.00 to $125.00 and gave the company a “buy” rating in a research note on Friday. Finally, Bank of America decreased their target price on Voya Financial from $72.00 to $70.00 and set an “underperform” rating for the company in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Voya Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.25.

Voya Financial Price Performance

Voya Financial stock opened at $98.26 on Wednesday. The stock has a market capitalization of $8.91 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 0.91 and a beta of 0.91. Voya Financial has a 52-week low of $64.50 and a 52-week high of $99.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.27 and a current ratio of 0.27. The stock’s 50 day moving average price is $87.58 and its two-hundred day moving average price is $78.19.

Voya Financial (NYSE:VOYA) last issued its earnings results on Tuesday, May 5th. The asset manager reported $2.26 earnings per share for the quarter, topping analysts’ consensus estimates of $2.02 by $0.24. Voya Financial had a return on equity of 13.84% and a net margin of 8.24%.The business had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the company posted $2.00 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis.

Voya Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Tuesday, May 26th were given a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $1.88 annualized dividend and a dividend yield of 1.9%. Voya Financial’s payout ratio is presently 28.40%.

Insider Transactions at Voya Financial

In related news, insider Trevor Ogle sold 3,994 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $90.00, for a total transaction of $359,460.00. Following the completion of the sale, the insider owned 2,887 shares in the company, valued at approximately $259,830. This represents a 58.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.57% of the company’s stock.

Hedge Funds Weigh In On Voya Financial

Large investors have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its holdings in Voya Financial by 5.4% during the 4th quarter. Wellington Management Group LLP now owns 4,492,908 shares of the asset manager’s stock worth $334,677,000 after acquiring an additional 230,877 shares during the last quarter. Pzena Investment Management LLC raised its holdings in shares of Voya Financial by 1.3% in the first quarter. Pzena Investment Management LLC now owns 3,673,118 shares of the asset manager’s stock valued at $250,947,000 after purchasing an additional 46,906 shares during the last quarter. Boston Partners raised its holdings in shares of Voya Financial by 1.8% in the fourth quarter. Boston Partners now owns 3,557,281 shares of the asset manager’s stock valued at $265,363,000 after purchasing an additional 61,962 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Voya Financial by 6.8% during the second quarter. Ameriprise Financial Inc. now owns 3,418,536 shares of the asset manager’s stock valued at $242,716,000 after purchasing an additional 219,130 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Voya Financial by 1.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,706,354 shares of the asset manager’s stock valued at $201,596,000 after purchasing an additional 44,053 shares in the last quarter. 96.10% of the stock is currently owned by institutional investors.

About Voya Financial

Voya Financial, Inc (NYSE: VOYA) is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya’s operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya’s core business activities span three key segments: Retirement, Investment Management and Employee Benefits.