Eos Energy CAO, Puri, sells $103k in EOSE stock
Genworth Financial Inc (NYSE:GNW). stock reached a 52-week high of $7.91, marking a significant milestone for the company. According to InvestingPro data, the company maintains strong financial health with a current ratio of 11.93, indicating excellent liquidity, and trades at an attractive Price/Book multiple of 0.37. Over the past year, the stock has experienced a notable increase of 29.3%, reflecting strong investor confidence and positive market conditions. This uptick in stock value highlights the company’s robust performance and strategic initiatives that have resonated well with shareholders. InvestingPro analysis reveals management has been aggressively buying back shares, demonstrating confidence in the company’s outlook. The achievement of this 52-week high underscores Genworth’s resilience in navigating the financial landscape and its potential for future growth. For deeper insights and 8 additional ProTips, explore Genworth’s comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Genworth Financial reported its first-quarter earnings for 2025, which showed a notable shortfall in earnings per share (EPS). The company posted an EPS of $0.12, falling short of the forecasted $0.18. However, Genworth’s revenue for the quarter reached $1.79 billion. Enact Mortgage Insurance, a significant contributor to Genworth’s performance, reported $137 million in adjusted operating income, marking a 2% year-over-year growth in primary insurance in force. Despite the earnings miss, Genworth continues its share repurchase program, having spent $55 million year-to-date. The company plans to invest $45-50 million in CareScout services in 2025 and allocate $100-120 million to share repurchases. Analysts have not provided any recent upgrades or downgrades for Genworth. Additionally, the company is facing ongoing litigation with AXA, which may have financial implications.
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