DOWLING & PARTN Cuts Earnings Estimates for Voya Financial

Voya Financial, Inc. (NYSE:VOYA) – Stock analysts at DOWLING & PARTN cut their FY2026 earnings per share estimates for Voya Financial in a research report issued to clients and investors on Friday, August 7th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the asset manager will post earnings per share of $9.35 for the year, down from their previous estimate of $9.45. The consensus estimate for Voya Financial’s current full-year earnings is $9.37 per share. DOWLING & PARTN also issued estimates for Voya Financial’s FY2027 earnings at $11.25 EPS and FY2028 earnings at $12.70 EPS.

Voya Financial (NYSE:VOYA) last posted its quarterly earnings results on Tuesday, August 4th. The asset manager reported $1.51 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.47). Voya Financial had a return on equity of 12.31% and a net margin of 7.45%.The business had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.90 billion. During the same period in the prior year, the firm posted $1.66 earnings per share. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis.

Other analysts also recently issued reports about the stock. Keefe, Bruyette & Woods lifted their price target on shares of Voya Financial from $92.00 to $109.00 and gave the company an “outperform” rating in a report on Monday, July 13th. UBS Group boosted their target price on Voya Financial from $95.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Weiss Ratings upgraded Voya Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Raymond James Financial raised Voya Financial from a “market perform” rating to a “strong-buy” rating and set a $117.00 price objective on the stock in a report on Monday, June 8th. Finally, JPMorgan Chase & Co. increased their target price on Voya Financial from $88.00 to $105.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Voya Financial currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.15.

Voya Financial Trading Down 1.0%

Voya Financial stock opened at $100.40 on Tuesday. Voya Financial has a 1 year low of $64.50 and a 1 year high of $103.85. The firm’s 50 day moving average price is $94.52 and its 200-day moving average price is $81.31. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market cap of $9.10 billion, a P/E ratio of 16.93, a PEG ratio of 0.96 and a beta of 0.89.

Voya Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Wednesday, August 26th will be issued a dividend of $0.47 per share. The ex-dividend date is Wednesday, August 26th. This represents a $1.88 dividend on an annualized basis and a yield of 1.9%. Voya Financial’s payout ratio is presently 31.70%.

Insider Buying and Selling

In other Voya Financial news, insider Trevor Ogle sold 3,994 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $90.00, for a total value of $359,460.00. Following the transaction, the insider owned 2,887 shares of the company’s stock, valued at $259,830. This represents a 58.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.57% of the stock is owned by company insiders.

Institutional Trading of Voya Financial

A number of large investors have recently made changes to their positions in the stock. Allworth Financial LP grew its holdings in shares of Voya Financial by 75.5% in the third quarter. Allworth Financial LP now owns 351 shares of the asset manager’s stock worth $26,000 after purchasing an additional 151 shares during the last quarter. Four Tree Island Advisory LLC lifted its holdings in Voya Financial by 0.5% during the 4th quarter. Four Tree Island Advisory LLC now owns 32,532 shares of the asset manager’s stock valued at $2,423,000 after buying an additional 174 shares in the last quarter. Root Financial Partners LLC boosted its position in Voya Financial by 59.6% in the 1st quarter. Root Financial Partners LLC now owns 573 shares of the asset manager’s stock valued at $39,000 after buying an additional 214 shares during the period. Smartleaf Asset Management LLC boosted its position in Voya Financial by 56.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 612 shares of the asset manager’s stock valued at $46,000 after buying an additional 222 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in Voya Financial by 44.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 730 shares of the asset manager’s stock worth $49,000 after acquiring an additional 223 shares in the last quarter. 96.10% of the stock is owned by hedge funds and other institutional investors.

About Voya Financial

Voya Financial, Inc (NYSE: VOYA) is a financial services company headquartered in New York City, focused on helping Americans plan, invest and protect their savings. The company traces its roots to the U.S. operations of ING Group, which were spun off in 2013 and rebranded as Voya Financial in 2014. Voya’s operations are built around a customer-centric approach, drawing on decades of experience in retirement planning and risk management to serve both individual and institutional clients.

Voya’s core business activities span three key segments: Retirement, Investment Management and Employee Benefits.