Genworth Financial Stock Net Income

GNW Stock  USD 5.88  0.09  1.55%   
Genworth Financial fundamentals help investors to digest information that contributes to Genworth Financial's financial success or failures. It also enables traders to predict the movement of Genworth Stock. The fundamental analysis module provides a way to measure Genworth Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Genworth Financial stock.
Last ReportedProjected for Next Year
Net Income76 M72.2 M
Net Income Applicable To Common Shares548.1 M309.3 M
Net Income From Continuing Ops483 M371.3 M
Net Income Per Share 0.16  0.15 
Net Income Per E B T 0.25  0.24 
Net Income is likely to drop to about 72.2 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 309.3 M in 2024.
  
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Genworth Financial Company Net Income Analysis

Genworth Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Genworth Financial Net Income

    
  76 M  
Most of Genworth Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Genworth Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Genworth Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Genworth Financial is extremely important. It helps to project a fair market value of Genworth Stock properly, considering its historical fundamentals such as Net Income. Since Genworth Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Genworth Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Genworth Financial's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Genworth Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(2.43 Billion)

Genworth Financial reported Accumulated Other Comprehensive Income of (2.56 Billion) in 2023
Based on the recorded statements, Genworth Financial reported net income of 76 M. This is 94.05% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 86.69% higher than that of the company.

Genworth Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Genworth Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Genworth Financial could also be used in its relative valuation, which is a method of valuing Genworth Financial by comparing valuation metrics of similar companies.
Genworth Financial is currently under evaluation in net income category among related companies.

Genworth Financial Institutional Holders

Institutional Holdings refers to the ownership stake in Genworth Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Genworth Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Genworth Financial's value.
Shares
Morgan Stanley - Brokerage Accounts2023-12-31
5.4 M
Amvescap Plc.2023-12-31
5.1 M
Charles Schwab Investment Management Inc2023-12-31
M
Shah Capital Management2023-12-31
4.7 M
Fmr Inc2023-12-31
M
Bank Of New York Mellon Corp2023-12-31
M
Prudential Financial Inc2023-12-31
3.9 M
Arrowstreet Capital Limited Partnership2023-12-31
3.6 M
Norges Bank2023-12-31
3.5 M
Blackrock Inc2023-12-31
66.1 M
Vanguard Group Inc2023-12-31
52.9 M

Genworth Fundamentals

About Genworth Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Genworth Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Genworth Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Genworth Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Genworth Financial is a strong investment it is important to analyze Genworth Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genworth Financial's future performance. For an informed investment choice regarding Genworth Stock, refer to the following important reports:
Check out Genworth Financial Piotroski F Score and Genworth Financial Altman Z Score analysis.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Genworth Financial's price analysis, check to measure Genworth Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Is Genworth Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genworth Financial. If investors know Genworth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genworth Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.16
Revenue Per Share
15.973
Quarterly Revenue Growth
0.024
Return On Assets
0.0029
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.