Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies 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. This segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional clients and individual customers. The Health Solutions segment offers various insurance products comprising stop loss, group life, group disability, whole and term life, critical illness, accident, and hospital indemnity insurance. This segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors, financial intermediaries, and institutional clients through its direct sales force, consultant channel, intermediary partners, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.
Financial Resilience | Voya maintains profitability with a 51.9% gross profit margin and $5.32 diluted EPS, showcasing strength in wealth management amid stop loss challenges |
Strategic Shifts | Delve into Voya's $800M capital deployment plan and OneAmerica acquisition, signaling confidence despite headwinds in specific business segments |
Market Positioning | Explore how Voya's capital-light model and diverse AUM portfolio of $345B position it competitively in the financial services landscape |
Future Prospects | Analyst targets range from $70 to $95, with an average of $82, reflecting mixed views on Voya's ability to overcome stop loss issues by 2026 |
Metrics to compare | VOYA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipVOYAPeersSector | |
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P/E Ratio | 14.3x | 9.4x | 9.5x | |
PEG Ratio | −0.44 | 0.08 | 0.03 | |
Price/Book | 1.5x | 1.0x | 1.0x | |
Price / LTM Sales | 0.9x | 1.1x | 2.8x | |
Upside (Analyst Target) | 13.4% | 10.5% | 13.2% | |
Fair Value Upside | Unlock | 0.3% | 1.8% | Unlock |