Genworth Financial (NYSE:GNW) Getting Somewhat Positive News Coverage, Accern Reports

News coverage about Genworth Financial (NYSE:GNW) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Genworth Financial earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.3360660159858 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

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GNW has been the topic of several research reports. Zacks Investment Research raised Genworth Financial from a “hold” rating to a “buy” rating and set a $3.50 price target on the stock in a research note on Wednesday, January 10th. TheStreet raised Genworth Financial from a “d+” rating to a “c” rating in a research note on Wednesday, February 7th. ValuEngine lowered Genworth Financial from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Wells Fargo set a $3.00 price target on Genworth Financial and gave the company a “hold” rating in a research note on Thursday, March 1st. Finally, BTIG Research reaffirmed a “hold” rating on shares of Genworth Financial in a research note on Thursday, February 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $3.50.

NYSE:GNW traded up $0.03 during mid-day trading on Friday, hitting $2.83. The company had a trading volume of 2,422,571 shares, compared to its average volume of 3,752,515. Genworth Financial has a fifty-two week low of $2.67 and a fifty-two week high of $4.23. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1,412.72, a price-to-earnings ratio of 2.04, a PEG ratio of 0.63 and a beta of 2.56.

Genworth Financial (NYSE:GNW) last released its earnings results on Tuesday, February 6th. The financial services provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.45. Genworth Financial had a return on equity of 4.63% and a net margin of 9.85%. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the prior year, the firm posted ($0.27) earnings per share. The company’s quarterly revenue was down 23.3% on a year-over-year basis. sell-side analysts predict that Genworth Financial will post 0.9 earnings per share for the current year.

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About Genworth Financial

Genworth Financial, Inc (Genworth) is a financial security company. The Company provides insurance, wealth management, investment and financial solutions. As of December 31, 2011, the Company had more than 15 million customers, with a presence in more than 25 countries. The Company operates in Insurance, Mortgage Insurance and Corporate and Runoff.

Insider Buying and Selling by Quarter for Genworth Financial (NYSE:GNW)

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