Voya Financial Inc (NYSE:VOYA) declared a dividend on Thursday, October 31st, Fidelity reports. Investors of record on Friday, November 29th will be given a dividend of 0.15 per share by the asset manager on Friday, December 27th. The ex-dividend date is Wednesday, November 27th.
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NYSE VOYA traded up $0.27 on Monday, hitting $58.12. The company’s stock had a trading volume of 3,267 shares, compared to its average volume of 964,230. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.44. Voya Financial has a 1-year low of $36.66 and a 1-year high of $59.00. The company’s 50-day moving average is $55.04 and its 200 day moving average is $53.88. The firm has a market cap of $7.71 billion, a PE ratio of 14.39, a PEG ratio of 0.59 and a beta of 1.51.
Voya Financial (NYSE:VOYA) last announced its quarterly earnings results on Tuesday, November 5th. The asset manager reported $1.36 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.40 by ($0.04). Voya Financial had a net margin of 5.77% and a return on equity of 7.82%. The business had revenue of $187.00 million during the quarter, compared to analyst estimates of $301.05 million. During the same quarter last year, the company posted $1.34 earnings per share. On average, equities analysts expect that Voya Financial will post 4.97 EPS for the current year.
In other news, CEO Rodney O. Martin, Jr. sold 129,684 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $57.86, for a total value of $7,503,516.24. Following the sale, the chief executive officer now directly owns 159,373 shares of the company’s stock, valued at approximately $9,221,321.78. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 1.69% of the company’s stock.
Several equities analysts have issued reports on VOYA shares. SunTrust Banks upped their price target on shares of Voya Financial to $58.00 and gave the company a “hold” rating in a research report on Friday, November 8th. UBS Group upped their price target on shares of Voya Financial from $57.00 to $59.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. Morgan Stanley upped their price target on shares of Voya Financial from $63.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, November 6th. ValuEngine cut shares of Voya Financial from a “sell” rating to a “strong sell” rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada upped their price target on shares of Voya Financial to $65.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $60.13.
About Voya Financial
Voya Financial, Inc operates as a retirement, investment, and employee benefits company in the United States. It operates through four segments: Retirement, Investment Management, Employee Benefits, and Individual Life. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; and individual retirement accounts, and other retail financial products and financial services, as well as financial planning and advisory services.
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