Genworth Financial Inc (NYSE:GNW) reached a new 52-week low during trading on Friday . The stock traded as low as $3.01 and last traded at $3.01, with a volume of 43060 shares. The stock had previously closed at $3.08.

Several equities research analysts have recently commented on the company. ValuEngine upgraded Genworth Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Zacks Investment Research cut Genworth Financial from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 2nd.

The stock has a market capitalization of $1.55 billion, a PE ratio of 8.80 and a beta of 1.49. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.27.

Genworth Financial (NYSE:GNW) last released its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.02). The business had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.13 billion. Genworth Financial had a return on equity of 1.20% and a net margin of 2.12%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS. As a group, analysts expect that Genworth Financial Inc will post 0.98 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in GNW. SEI Investments Co purchased a new position in Genworth Financial in the first quarter worth $45,000. Cleararc Capital Inc. purchased a new position in Genworth Financial in the first quarter worth $49,000. Coldstream Capital Management Inc. purchased a new position in Genworth Financial in the fourth quarter worth $50,000. Heritage Wealth Advisors raised its position in Genworth Financial by 61.0% in the first quarter. Heritage Wealth Advisors now owns 13,201 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Park National Corp OH raised its position in Genworth Financial by 25.0% in the first quarter. Park National Corp OH now owns 15,000 shares of the financial services provider’s stock worth $57,000 after acquiring an additional 3,000 shares in the last quarter. Hedge funds and other institutional investors own 65.83% of the company’s stock.

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About Genworth Financial (NYSE:GNW)

Genworth Financial, Inc provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans.

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