Voya Financial (NYSE:VOYA – Get Free Report) released its quarterly earnings results on Monday. The asset manager reported $2.12 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.07, Briefing.com reports. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Voya Financial had a net margin of 8.81% and a return on equity of 15.50%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.07 earnings per share.
Voya Financial Trading Down 5.1 %
Shares of VOYA opened at $74.98 on Wednesday. The company’s fifty day simple moving average is $77.43 and its 200-day simple moving average is $73.46. The company has a market cap of $7.37 billion, a P/E ratio of 11.94, a P/E/G ratio of 0.55 and a beta of 1.03. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.51. Voya Financial has a twelve month low of $63.11 and a twelve month high of $83.93.
Voya Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Tuesday, November 26th. Voya Financial’s dividend payout ratio (DPR) is 28.66%.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on VOYA
Voya Financial Company Profile
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.
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