Voya Financial (NYSE:VOYA – Get Free Report) announced its earnings results on Monday. The asset manager reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.07, Briefing.com reports. Voya Financial had a net margin of 10.87% and a return on equity of 16.11%. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter last year, the firm earned $2.07 earnings per share. Voya Financial’s quarterly revenue was up 7.3% on a year-over-year basis.
Voya Financial Stock Performance
VOYA stock traded down $2.07 during mid-day trading on Tuesday, hitting $76.93. The company had a trading volume of 52,819 shares, compared to its average volume of 808,953. The firm has a market cap of $7.56 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 0.56 and a beta of 1.03. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.30 and a current ratio of 0.30. Voya Financial has a 12 month low of $63.11 and a 12 month high of $83.93. The stock’s fifty day moving average price is $77.30 and its two-hundred day moving average price is $73.42.
Voya Financial Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Tuesday, November 26th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.34%. The ex-dividend date is Tuesday, November 26th. Voya Financial’s dividend payout ratio (DPR) is presently 23.72%.
Analyst Ratings Changes
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About Voya Financial
Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.
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