Genworth Financial Resumes Trading, Analysts Forecast 21.45% Upside

Genworth Financial (GNW) has resumed trading after a brief halt. Analysts forecast an average target price of $9.50, implying a 21.45% upside from the current price of $7.82. The company reported a Q1 net income of $54 million and remains profitable. However, its life and annuities segment reported a loss, and the macroeconomic environment presents uncertainty. The litigation with ASA remains unresolved, with potential financial implications.

Genworth Financial Inc (GNW) has resumed trading following a brief suspension. The company's stock was trading at $7.82 as of July 2, 2025, with analysts forecasting an average target price of $9.50, implying a 21.45% upside from the current price [1]. The company reported a Q1 net income of $54 million and remains profitable, but its life and annuities segment reported a loss, and the macroeconomic environment presents uncertainty [2].

Genworth Financial operates through three segments: Enact, Long-Term Care Insurance, and Life and Annuities. The Enact segment offers primary mortgage and mortgage insurance products, while the Long-Term Care Insurance segment provides long-term care insurance products. The Life and Annuities segment includes traditional and non-traditional life insurance and annuities [3].

The company's stock experienced a brief halt due to pending news. Genworth Financial's stock has been volatile, with a 52-week range of $5.99 to $8.08 and an average volume of 7.14 million shares over the past three months. The stock has seen a 9.88% increase over the past year [4].

Analysts have a mixed sentiment towards the stock, with some predicting a "Strong Buy" while others suggest "Sell Strong" or "Sell Neutral" [5]. The company's management has been aggressively buying back shares, which can positively impact the stock price by reducing the number of shares outstanding [6].

Despite the positive outlook, the company faces several challenges. The unresolved litigation with AXA, which could result in a $750 million recovery, remains a significant concern [7]. Additionally, the macroeconomic environment, including interest rates and economic growth, could impact Genworth Financial's performance.

Genworth Financial's stock has the potential for growth, but investors should carefully consider the risks and uncertainties before making any investment decisions.

References:
[1] https://www.investing.com/equities/genworth-finl
[2] https://www.investing.com/equities/genworth-finl
[3] https://www.investing.com/equities/genworth-finl
[4] https://www.investing.com/equities/genworth-finl
[5] https://www.investing.com/equities/genworth-finl
[6] https://www.investing.com/equities/genworth-finl
[7] https://www.investing.com/equities/genworth-finl