Analysts expect that Voya Financial Inc (NYSE:VOYA) will report earnings of $0.83 per share for the current quarter, Zacks reports. Seven analysts have made estimates for Voya Financial’s earnings, with the highest EPS estimate coming in at $1.04 and the lowest estimate coming in at $0.67. Voya Financial reported earnings per share of $0.91 in the same quarter last year, which would indicate a negative year over year growth rate of 8.8%. The company is expected to report its next earnings report after the market closes on Tuesday, February 13th.

According to Zacks, analysts expect that Voya Financial will report full year earnings of $2.88 per share for the current fiscal year, with EPS estimates ranging from $2.66 to $3.04. For the next fiscal year, analysts forecast that the company will report earnings of $4.34 per share, with EPS estimates ranging from $3.92 to $4.60. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Voya Financial.

A number of equities analysts recently issued reports on the stock. ValuEngine upgraded shares of Voya Financial from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. BidaskClub lowered shares of Voya Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Goldman Sachs Group initiated coverage on shares of Voya Financial in a research note on Wednesday, October 18th. They set a “buy” rating and a $46.00 target price on the stock. Keefe, Bruyette & Woods restated a “buy” rating and set a $55.00 price objective on shares of Voya Financial in a report on Thursday, December 21st. Finally, Wells Fargo & Co restated a “buy” rating and set a $58.00 price objective on shares of Voya Financial in a report on Friday, December 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $52.18.

Voya Financial (NYSE VOYA) traded down $1.92 during midday trading on Thursday, reaching $46.75. 2,268,218 shares of the company’s stock were exchanged, compared to its average volume of 2,314,442. The company has a market cap of $8,863.32, a P/E ratio of -26.12, a P/E/G ratio of 0.62 and a beta of 1.61. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.44. Voya Financial has a 52-week low of $33.53 and a 52-week high of $54.87.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.01 per share. The ex-dividend date is Tuesday, February 27th. This represents a $0.04 dividend on an annualized basis and a yield of 0.09%. Voya Financial’s dividend payout ratio (DPR) is presently -2.23%.

Large investors have recently modified their holdings of the business. KBC Group NV boosted its position in Voya Financial by 21.3% during the third quarter. KBC Group NV now owns 68,249 shares of the asset manager’s stock worth $2,722,000 after purchasing an additional 11,975 shares during the period. Pacer Advisors Inc. boosted its position in Voya Financial by 9.7% during the third quarter. Pacer Advisors Inc. now owns 35,319 shares of the asset manager’s stock worth $1,409,000 after purchasing an additional 3,111 shares during the period. State Street Corp boosted its position in Voya Financial by 1.0% during the second quarter. State Street Corp now owns 5,626,094 shares of the asset manager’s stock worth $207,554,000 after purchasing an additional 56,189 shares during the period. Stifel Financial Corp boosted its position in Voya Financial by 107.0% during the third quarter. Stifel Financial Corp now owns 76,276 shares of the asset manager’s stock worth $3,044,000 after purchasing an additional 39,423 shares during the period. Finally, First American Bank bought a new position in Voya Financial during the fourth quarter worth about $1,221,000. Hedge funds and other institutional investors own 96.88% of the company’s stock.

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Voya Financial Company Profile

Voya Financial, Inc is a retirement, investment and insurance company. The Company operates through five segments: Retirement, Investment Management, Annuities, Individual Life and Employee Benefits. The Retirement segment is a provider of retirement services and products in the United States. The Investment Management segment offers domestic and international fixed income, equity, multi-asset and alternatives products and solutions.

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