8 stories mentioning VOYA
Every FINWIRES story that references VOYA, newest first.
Voya Financial (VOYA) shares rose about 3% in Monday afternoon trading after Raymond James upgraded the stock to buy from market perform with a price target of $117 per share.Trading volume stood at nearly 927,000 shares, compared with a daily average of over 1.2 million.Price: $89.26, Change: $+2.57, Percent Change: +2.96%
Voya Financial (VOYA) has an average rating of overweight and mean price target of $92.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Voya Financial (VOYA) could benefit from its capital-light business, strong free cash flow, organic growth prospects and possible value actions, despite lowered earnings estimates, RBC Capital Markets said in a note Tuesday.RBC said Voya's Q1 operating EPS of $2.26 beat its $2 estimate and the $2.01 consensus, helped by stronger Employee Benefits earnings, underwriting gains, a stop-loss reserve release and lower expenses; however, net flows were weaker than expected in Retirement and Investment Management, but management still expects positive Retirement flows and more than 2% organic growth in Investment Management.RBC cut its 2026 and 2027 operating EPS estimates to $9.45 and $10.50 from $9.76 and $10.72, and added that stop-loss remains important for Voya because it helps the company build deeper customer relationships and could be its biggest current opportunity to create shareholder value.The investment firm said flow improvement could be stronger in H2, while possible reserve releases may support results if claims trends develop favorably.RBC kept the company's outperform rating and raised its price target to $91 from $87.Price: $81.48, Change: $+0.52, Percent Change: +0.64%
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index down 0.6% and the State Street Financial Select Sector SPDR ETF (XLF) falling 0.7%.The Philadelphia Housing Index rose 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 1.1%.Bitcoin (BTC-USD) was decreasing 0.4% to $77,852, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.32%.In economic news, US initial jobless claims rose to 214,000 in the week ended April 18 from an upwardly revised 208,000, compared with the 210,000 print expected in a Bloomberg-compiled survey.The April flash reading of manufacturing conditions from S&P Global improved to a 47-month high of 54.0 from 52.3 in March, compared with the 52.5 anticipated in a Bloomberg-compiled poll.In sector news, the White House is reviewing US Securities and Exchange Commission's regulations to simplify the process for companies to file for initial public offerings by easing disclosure requirements, Bloomberg reported, citing the Office of Management and Budget.In corporate news, American Express (AXP) shares were down 4.9% even after the payments giant reported better-than-expected Q1 results and reiterated its full-year outlook.Robinhood (HOOD) shares dropped 5.9% after JPMorgan cut the company's price target to $92 from $113, while keeping its neutral rating.Barclays (BCS) has alleged that capital was fraudulently routed across the corporate network of Market Financial Solutions on a significant scale, Bloomberg reported, citing High Court documents. Barclays shares fell 2.7%.Voya Financial (VOYA) has been encouraged by activist investor Toms Capital Investment Management to put itself up for sale or offload its underperforming health insurer business, the Financial Times reported. Voya shares climbed 4.2%.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index dropping 1.4% and the State Street Financial Select Sector SPDR ETF (XLF) falling 1.2%.The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.6%.Bitcoin (BTC-USD) was decreasing 1.4% to $77,791, and the yield for 10-year US Treasuries was rising 4.3 basis points to 4.337%.In economic news, US initial jobless claims rose to 214,000 in the week ended April 18 from an upwardly revised 208,000, compared with the 210,000 print expected in a Bloomberg-compiled survey.The April flash reading of manufacturing conditions from S&P Global improved to a 47-month high of 54.0 from 52.3 in March, compared with the 52.5 anticipated in a Bloomberg-compiled poll.In corporate news, Barclays (BCS) has alleged that capital was fraudulently routed across the corporate network of Market Financial Solutions on a significant scale, Bloomberg reported, citing High Court documents. Barclays shares fell 2.3%.Banco Santander (SAN) shares dropped 3% after the company said it will temporarily suspend its share buyback program pending approval from US lender Webster Financial's (WBS) shareholders of a proposed takeover by the Spanish bank.Voya Financial (VOYA) has been encouraged by activist investor Toms Capital Investment Management to put itself up for sale or offload its underperforming health insurer business, the Financial Times reported. Voya shares jumped 5%.
Voya Financial (VOYA) has been encouraged by activist investor Toms Capital Investment Management to put itself up for sale or offload its underperforming health insurer business, the Financial Times reported Thursday, citing people familiar with the matter.Voya and Toms did not immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $79.69, Change: $+3.94, Percent Change: +5.19%
Voya Urged by Activist Toms Capital to Sell, Financial Times Reports
Voya Financial (VOYA) has an average rating of overweight and mean price target of $84.27, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)