Shares of Voya Financial Inc (NYSE:VOYA) have been assigned an average recommendation of “Buy” from the thirteen ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $49.44.
Shares of Voya Financial (NYSE:VOYA) traded down 2.03% during midday trading on Monday, hitting $36.16. The company had a trading volume of 55,313 shares. The stock’s 50-day moving average price is $39.10 and its 200-day moving average price is $42.26. The company has a market cap of $7.79 billion and a price-to-earnings ratio of 4.47. Voya Financial has a 12 month low of $35.77 and a 12 month high of $48.30.
Voya Financial (NYSE:VOYA) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by $0.37. During the same period in the prior year, the firm posted $0.75 earnings per share. On average, equities research analysts forecast that Voya Financial will post $2.83 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 30th. Investors of record on Friday, November 27th were given a dividend of $0.01 per share. The ex-dividend date was Tuesday, November 24th. This represents a $0.04 dividend on an annualized basis and a yield of 0.11%.
Several equities research analysts have issued reports on VOYA shares. BTIG Research restated a “buy” rating on shares of Voya Financial in a report on Wednesday, November 4th. TheStreet downgraded Voya Financial to a “hold” rating in a report on Monday. RBC Capital dropped their price objective on Voya Financial from $54.00 to $53.00 and set a “top pick” rating on the stock in a report on Thursday, November 5th. Morgan Stanley dropped their price objective on Voya Financial from $46.00 to $45.00 in a report on Friday, October 9th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and set a $48.00 price objective on shares of Voya Financial in a report on Monday, October 12th.
In other Voya Financial news, insider Jeffrey T. Becker sold 7,000 shares of the business’s stock in a transaction dated Friday, November 20th. The stock was sold at an average price of $41.79, for a total value of $292,530.00. Following the transaction, the insider now owns 32,887 shares in the company, valued at $1,374,347.73. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ewout L. Steenbergen sold 20,078 shares of the business’s stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $41.50, for a total value of $833,237.00. The disclosure for this sale can be found here.
Voya Financial, Inc. is a retirement, investment and insurance company. The Company provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products, guaranteed investment contracts and funding agreements. The Company provides its principal products and services in three ongoing businesses: Retirement Solutions, Investment Management and Insurance Solutions. Retirement Solutions operates institutional retirement plans business and retail wealth management business. Investment Management segment offers fixed income, equity, multi-asset and alternatives products and solutions. Insurance Solutions segment offers insurance and employee benefit plans.