Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $38.32 USD
Change Today +0.44 / 1.16%
Volume 14.5K
PNX On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

phoenix companies inc (PNX) Snapshot

Open
$37.94
Previous Close
$37.88
Day High
$38.56
Day Low
$37.69
52 Week High
12/29/14 - $70.92
52 Week Low
04/23/15 - $36.48
Market Cap
220.4M
Average Volume 10 Days
29.3K
EPS TTM
$-30.86
Shares Outstanding
5.8M
EX-Date
02/27/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PHOENIX COMPANIES INC (PNX)

phoenix companies inc (PNX) Related Bloomberg News

View More Bloomberg News

phoenix companies inc (PNX) Related Businessweek News

No Related Businessweek News Found

phoenix companies inc (PNX) Details

The Phoenix Companies, Inc., together with its subsidiaries, provides life insurance and annuity products in the United States. It operates in two segments, Life and Annuity, and Saybrus. The company offers fixed indexed, fixed, single premium immediate, and variable annuities; and life insurance products, including whole, universal, indexed universal, and variable universal life, as well as term insurance. It also provides life insurance and other consulting services to financial advisors in partner companies, as well as support for sales of its product line through independent distribution organizations. The Phoenix Companies, Inc. was founded in 1851 and is headquartered in Hartford, Connecticut.

640 Employees
Last Reported Date: 03/31/15
Founded in 1851

phoenix companies inc (PNX) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $700.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $647.5K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $560.0K
Executive Vice President of Distribution and ...
Total Annual Compensation: $410.0K
Executive Vice President of Strategy and Busi...
Total Annual Compensation: $425.0K
Compensation as of Fiscal Year 2014.

phoenix companies inc (PNX) Key Developments

The Phoenix Companies Inc. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

The Phoenix Companies Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the fourth quarter, the company reported net investment income of $223.0 million compared to $206.1 million a year ago. Total revenues were $440.4 million compared to $463.8 million a year ago. Loss from continuing operations before income taxes was $101.8 million compared to income from continuing operations before income taxes of $142.1 million a year ago. Loss from continuing operations was $134.1 million or $24.05 per diluted share compared to income from continuing operations of $145.3 million or $25.05 per diluted share a year ago. Net Loss attributable to the company was $140.3 million or $24.40 per diluted share compared to net income attributable to the company of $143.1 million or $24.84 per diluted share a year ago. For the year, the company reported net investment income of $830.9 million compared to $789.7 million a year ago. Total revenues were $1,666.9 million compared to $1,707.6 million a year ago. Loss from continuing operations before income taxes was $195.2 million compared to income from continuing operations before income taxes of $38.1 million a year ago. Loss from continuing operations was $205.7 million or $36.48 per diluted share compared to income from continuing operations of $29.6 million or $5.01 per diluted share a year ago. Net Loss attributable to the company was $213.2 million or $37.09 per diluted share compared to net income attributable to the company of $26.7 million or $4.51 per diluted share a year ago.

The Phoenix Companies Inc., Q4 2014 Earnings Call, Mar 31, 2015

The Phoenix Companies Inc., Q4 2014 Earnings Call, Mar 31, 2015

The Phoenix Companies Inc. Announces Restatement of Earnings Results for the Quarter and Year Ended December 31, 2013 and the Quarter Ended June 30, 2014

The Phoenix Companies Inc. announced it will restate earnings results for the quarter and year ended December 31, 2013 and the quarter ended June 30, 2014 due to the identification of errors determined to be material. For the quarter and year ended December 31, 2013, the restatement will correct certain errors relating to the annual actuarial assumption review for 2013. This annual review and reset of actuarial assumptions originally resulted in a $108.1 million benefit (the 2013 unlock), driven primarily by improved mortality assumptions. The corrected 2013 unlock benefit is approximately $19 million greater than the previously reported benefit. Taken together with taxes and other adjustments, the correction would increase fourth quarter and full year 2013 net income by an estimated $15 to $20 million. For the quarter ended June 30, 2014, the restatement will correct $6.2 million of previously recorded and disclosed out-of-period adjustments as well as recently discovered immaterial errors. When aggregated, these items have been determined to be material, and the correction would decrease second quarter 2014 net income by an estimated $10 to $15 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PNX:US $38.32 USD +0.44

PNX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Citizens Inc/TX $6.11 USD +0.01
Independence Holding Co $13.73 USD -0.10
Kansas City Life Insurance Co $46.06 USD +0.23
United Fire Group Inc $31.49 USD -0.03
Universal American Corp/NY $10.85 USD +0.09
View Industry Companies
 

Industry Analysis

PNX

Industry Average

Valuation PNX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PHOENIX COMPANIES INC, please visit www.phoenixwm.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.