Voya Financial (NYSE:VOYA) announced its quarterly earnings data on Tuesday. The asset manager reported $0.87 EPS for the quarter, beating the consensus estimate of $0.70 by $0.17, Bloomberg Earnings reports. The business had revenue of $2.19 billion during the quarter. Voya Financial had a positive return on equity of 3.92% and a negative net margin of 3.64%.

Voya Financial (NYSE:VOYA) traded up $3.11 on Wednesday, hitting $51.13. The stock had a trading volume of 3,206,999 shares, compared to its average volume of 2,393,847. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.44. The stock has a market cap of $8,640.43, a price-to-earnings ratio of -26.83, a PEG ratio of 0.61 and a beta of 1.61. Voya Financial has a 12-month low of $33.53 and a 12-month high of $54.87.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Wednesday, February 28th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.08%. The ex-dividend date of this dividend is Tuesday, February 27th. Voya Financial’s dividend payout ratio is presently -2.23%.

VOYA has been the subject of several recent research reports. Wells Fargo & Co reissued a “buy” rating on shares of Voya Financial in a research report on Friday, December 8th. Evercore ISI raised Voya Financial from an “in-line” rating to an “outperform” rating and raised their price objective for the company from $47.00 to $60.00 in a research report on Thursday, December 21st. BTIG Research reissued a “buy” rating and set a $59.00 price objective on shares of Voya Financial in a research report on Tuesday, January 2nd. Royal Bank of Canada reissued a “buy” rating and set a $55.00 price objective on shares of Voya Financial in a research report on Friday, December 22nd. Finally, Deutsche Bank initiated coverage on Voya Financial in a research report on Tuesday, January 2nd. They set a “buy” rating and a $59.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company. Voya Financial currently has an average rating of “Buy” and a consensus price target of $52.82.

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Voya Financial Company Profile

Voya Financial, Inc is a retirement, investment and insurance company. The Company operates through five segments: Retirement, Investment Management, Annuities, Individual Life and Employee Benefits. The Retirement segment is a provider of retirement services and products in the United States. The Investment Management segment offers domestic and international fixed income, equity, multi-asset and alternatives products and solutions.

Earnings History for Voya Financial (NYSE:VOYA)

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