Voya Financial (VOYA) – Research Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Voya Financial (NYSE: VOYA):

• 2/19/2025 – Voya Financial had its price target raised by analysts at Wells Fargo & Company from $76.00 to $79.00. They now have an “equal weight” rating on the stock.
• 2/11/2025 – Voya Financial had its price target lowered by analysts at Morgan Stanley from $78.00 to $76.00. They now have an “equal weight” rating on the stock.
• 2/6/2025 – Voya Financial was downgraded by analysts at Barclays PLC from a “strong-buy” rating to a “hold” rating.
• 2/5/2025 – Voya Financial had its price target lowered by analysts at Barclays PLC from $79.00 to $75.00. They now have an “overweight” rating on the stock.
• 2/5/2025 – Voya Financial had its price target lowered by analysts at Keefe, Bruyette & Woods from $90.00 to $84.00. They now have an “outperform” rating on the stock.
• 2/3/2025 – Voya Financial had its price target lowered by analysts at Royal Bank of Canada from $90.00 to $85.00. They now have an “outperform” rating on the stock.
• 1/14/2025 – Voya Financial had its “equal weight” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $76.00 price target on the stock, down previously from $87.00.
• 1/10/2025 – Voya Financial had its price target lowered by analysts at Keefe, Bruyette & Woods from $92.00 to $90.00. They now have an “outperform” rating on the stock.
• 1/7/2025 – Voya Financial had its price target lowered by analysts at JPMorgan Chase & Co. from $87.00 to $82.00. They now have a “neutral” rating on the stock.

Voya Financial Price Performance

VOYA traded down $0.76 on Tuesday, hitting $70.27. 195,956 shares of the company’s stock traded hands, compared to its average volume of 874,952. The company’s 50 day simple moving average is $70.15 and its 200-day simple moving average is $74.43. The company has a current ratio of 0.30, a quick ratio of 0.31 and a debt-to-equity ratio of 0.59. Voya Financial, Inc. has a one year low of $64.10 and a one year high of $84.30. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 11.48, a P/E/G ratio of 0.48 and a beta of 1.05.

Voya Financial (NYSE:VOYA) last announced its quarterly earnings results on Tuesday, February 4th. The asset manager reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.65). Voya Financial had a net margin of 8.29% and a return on equity of 14.10%. As a group, research analysts anticipate that Voya Financial, Inc. will post 8.39 EPS for the current year.

Voya Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Tuesday, February 25th. Voya Financial’s dividend payout ratio is presently 29.41%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VOYA. Wealthspire Advisors LLC raised its stake in Voya Financial by 5.3% during the fourth quarter. Wealthspire Advisors LLC now owns 2,967 shares of the asset manager’s stock valued at $204,000 after purchasing an additional 148 shares in the last quarter. Brooklyn Investment Group raised its position in shares of Voya Financial by 17.0% during the 4th quarter. Brooklyn Investment Group now owns 1,166 shares of the asset manager’s stock valued at $80,000 after buying an additional 169 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Voya Financial by 5.7% in the 4th quarter. CIBC Asset Management Inc now owns 3,307 shares of the asset manager’s stock valued at $228,000 after acquiring an additional 177 shares during the last quarter. Jones Financial Companies Lllp grew its position in Voya Financial by 81.0% in the fourth quarter. Jones Financial Companies Lllp now owns 409 shares of the asset manager’s stock worth $28,000 after acquiring an additional 183 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in Voya Financial by 13.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,532 shares of the asset manager’s stock worth $105,000 after acquiring an additional 184 shares during the last quarter. 96.10% of the stock is currently owned by institutional investors.

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.