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Wednesday, March 22, 2023

Investors’ Patience Is Being Tested Right Now By Voya Financial Inc. (NYSE: VOYA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Voya Financial Inc. (VOYA) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.04, or 0.05%, to $76.00. The Voya Financial Inc. has recorded 335,253 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Voya Equity Closed End Fund Declares Distribution.


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Stocks Info

Voya Financial Inc. is listed on the NYSE as a member of the Financial sector and is a part of the Financial Conglomerates industry. At the end of the last regular session, the stock closed at $75.96 and fluctuated between $75.99 as its day high and $74.65 as its day low. The current market capitalization of Voya Financial Inc. is $7.30B. A total of 1.29 million shares were traded on the day, compared to an average of 1.53M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, VOYA has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 186 and the disposition of 0 shares. Over the last 12 months, there were 7 BUYs and 8 SELLs from insiders. Insiders purchased 14,144 shares during that period but sold 37,692.

In the most recent transaction, SILVA KEVIN D sold 17,500 shares of VOYA for 74.79 per share on Feb 28. After the transaction, the insider now owns 2,130 company shares. In a previous transaction on Feb 23, MARTIN RODNEY O JR sold 38,813 shares at 74.00 per share. VOYA shares that Director owns now total 189,395.

Among the insiders who sold shares, Hurtsellers Christine disposed of 18,026 shares on Feb 23 at a per-share price of $73.69. This resulted in the insider holding 36,745 shares of VOYA after the transaction. In another insider transaction, Ogle Trevor sold 1,303 shares at $73.47 per share on Feb 23. Company shares held by the insider now total 167.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Voya Financial Inc. pays an annual dividend of $0.80, resulting in a dividend yield of 1.05%, and it has a price to earnings (P/E) ratio of 17.24. VOYA’s most recent ex-dividend date was 2/23/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 3/29/2023. Previously, the company paid the dividend on 2/15/2023 with an ex-dividend date of 2/1/2023. The VOYA stock dividend was $0.04 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for VOYA in the last 3 months, the mean price target is $84.63 with high estimates of $90.00 and low estimates of $78.00. In terms of 52-week highs and lows, VOYA has a high of $78.11 and a low of $56.20.

As of this writing, VOYA has an earnings estimate of $1.75 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $1.9 per share and a lower estimate of $1.57. The company reported an EPS of $2.3 in the last quarter, which was 119.00% higher than expectations of $1.05.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 17 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VOYA is Underweight with a score of 4.38. A total of 14 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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