Equities analysts expect Voya Financial Inc (NYSE:VOYA) to report earnings per share (EPS) of $1.08 for the current quarter, Zacks reports. Eight analysts have made estimates for Voya Financial’s earnings. The lowest EPS estimate is $0.89 and the highest is $1.19. Voya Financial reported earnings of $0.77 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 40.3%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, May 7th.

On average, analysts expect that Voya Financial will report full-year earnings of $5.31 per share for the current fiscal year, with EPS estimates ranging from $5.05 to $5.55. For the next fiscal year, analysts forecast that the company will report earnings of $6.13 per share, with EPS estimates ranging from $5.85 to $6.45. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Voya Financial.

Voya Financial (NYSE:VOYA) last posted its quarterly earnings results on Tuesday, February 5th. The asset manager reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.10. Voya Financial had a net margin of 10.28% and a return on equity of 8.04%. During the same period in the previous year, the firm earned $0.87 EPS.

A number of equities research analysts have recently issued reports on the stock. Goldman Sachs Group upgraded shares of Voya Financial from a “neutral” rating to a “buy” rating and cut their target price for the company from $60.00 to $54.00 in a research note on Tuesday, January 8th. ValuEngine upgraded Voya Financial from a “sell” rating to a “hold” rating in a research note on Thursday, January 24th. Credit Suisse Group set a $59.00 price objective on Voya Financial and gave the company a “buy” rating in a report on Friday, January 25th. TheStreet raised Voya Financial from a “c+” rating to a “b-” rating in a report on Friday. Finally, JPMorgan Chase & Co. cut their price objective on Voya Financial from $53.00 to $52.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $58.38.

In other news, insider Nancy Ferrara sold 26,138 shares of the company’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $52.00, for a total transaction of $1,359,176.00. Following the completion of the transaction, the insider now directly owns 9,500 shares of the company’s stock, valued at $494,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ruth Ann M. Gillis bought 926 shares of the stock in a transaction dated Friday, March 1st. The shares were bought at an average cost of $50.60 per share, with a total value of $46,855.60. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 50,049 shares of company stock worth $2,534,263. Insiders own 0.36% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Doyle Wealth Management bought a new stake in Voya Financial in the fourth quarter valued at $35,000. Lindbrook Capital LLC acquired a new position in shares of Voya Financial during the fourth quarter valued at $37,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of Voya Financial by 2,374.3% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,574,492 shares of the asset manager’s stock valued at $39,000 after acquiring an additional 1,510,857 shares during the period. Essex Savings Bank bought a new position in shares of Voya Financial during the fourth quarter worth about $42,000. Finally, Capital Financial Planning LLC bought a new position in shares of Voya Financial during the fourth quarter worth about $50,000.

VOYA stock traded down $0.64 during mid-day trading on Tuesday, hitting $51.90. 1,318,866 shares of the company were exchanged, compared to its average volume of 1,443,388. The firm has a market cap of $7.64 billion, a P/E ratio of 12.85 and a beta of 1.46. Voya Financial has a twelve month low of $36.66 and a twelve month high of $55.27. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.17 and a quick ratio of 0.17.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, February 28th were issued a dividend of $0.01 per share. The ex-dividend date was Wednesday, February 27th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.08%. Voya Financial’s dividend payout ratio (DPR) is 0.99%.

Voya Financial Company Profile

Voya Financial, Inc operates as a retirement, investment, and insurance company in the United States. It operates through Retirement, Investment Management, Individual Life, and Employee Benefits segments. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual account rollover plans and other retail financial products, as well as financial planning and advisory services.

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Earnings History and Estimates for Voya Financial (NYSE:VOYA)

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