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Last €7.77 EUR
Change Today -0.33 / -4.07%
Volume 0.0
As of 3:41 PM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

genworth financial inc-cl a (GGK) Snapshot

Open
€7.97
Previous Close
€8.10
Day High
€8.03
Day Low
€7.72
52 Week High
05/14/14 - €13.54
52 Week Low
12/18/14 - €5.85
Market Cap
3.9B
Average Volume 10 Days
328.9
EPS TTM
--
Shares Outstanding
497.4M
EX-Date
11/6/08
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GENWORTH FINANCIAL INC-CL A (GGK)

genworth financial inc-cl a (GGK) Related Businessweek News

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genworth financial inc-cl a (GGK) Details

Genworth Financial, Inc. provides insurance, retirement, and homeownership solutions in the United States and internationally. It operates through U.S. Life Insurance, International Mortgage Insurance, U.S. Mortgage Insurance, International Protection, and Runoff segments. The U.S. Life Insurance segment offers and manages various life insurance, long-term care insurance, and fixed annuity products. The International Mortgage Insurance segment provides mortgage insurance products and related services in Canada and Australia, as well as participates in select European and other countries. Its products insure prime-based, individually underwritten residential mortgage loans, also known as flow mortgage insurance. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based, individually underwritten residential mortgage loans. The International Protection segment provides payment protection coverages in various European countries and internationally. Its lifestyle protection insurance products primarily help consumers meet specified payment obligations should they become unable to pay due to accident, illness, involuntary unemployment, disability, or death. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products consist of funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services through financial intermediaries, advisors, independent distributors, affinity groups, and dedicated sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

5,300 Employees
Last Reported Date: 03/2/15
Founded in 2003

genworth financial inc-cl a (GGK) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $996.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.6M
Executive Vice President, Chief Executive Off...
Total Annual Compensation: $1.6M
Chief Risk Officer and Executive Vice Preside...
Total Annual Compensation: $1.2M
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2014.

genworth financial inc-cl a (GGK) Key Developments

Genworth Financial, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Tax Rate Guidance for Australia for the Year

Genworth Financial, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $2.33 billion, about flat with the $2.32 billion recorded in the year ago quarter. Net income available to company’s common stockholders was $154 million or $0.31 per diluted share compared with net income of $184 million or $0.37 per diluted share in the first quarter of 2014. Net operating income was $156 million or $0.31 per diluted share compared with net operating income of $194 million or $0.39 per diluted share in the first quarter of 2014. Income before income taxes was $295 million against $306 million a year ago. Book value per share as at March 31, 2015 was $30.81. Book value per share, excluding accumulated other comprehensive income (loss) as at March 31, 2015 was $21.38. GAAP basis ROE was 5.8% against 6.2% a year ago. Operating ROE was 5.9% against 6.5% a year ago. Operating earnings results reflect continued positive momentum across the 3 primary Global Mortgage Insurance platforms. The company saw solid results in most of businesses, reflecting continued strong loss ratios in Global Mortgage Insurance division that were partially offset by unfavorable foreign exchange and favorable mortality in U.S. Life Insurance Division. The company estimate the effective tax rate for Australia in 2015 to be between 30% and 35%, up from 22% in 2014.

Genworth Financial Looking For Strategic Options

Genworth Financial, Inc. (NYSE:GNW) is planning to continue for its strategic review. Genworth Financial, States, "The company continues to make progress on its review of strategic options in order to position the company for future success and is actively engaged in three areas: strengthening its mortgage insurance businesses and long term care insurance (LTC) capital, earnings and sales; simplifying the business portfolio; and increasing its financial strength and flexibility."

Genworth Financial, Inc. to Report Q1, 2015 Results on Apr 28, 2015

Genworth Financial, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 28, 2015

 

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GGK Competitors

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Company Last Change
Assurant Inc $61.92 USD +0.46
Erie Indemnity Co $80.11 USD -2.64
Federal Home Loan Mortgage Corp $2.73 USD +0.11
Reinsurance Group of America Inc $91.59 USD -0.03
Unum Group $34.35 USD +0.19
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Valuation GGK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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