Voya FinancialVOYA
VOYA
About: Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.
Employees: 9,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
25% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 59
8% more capital invested
Capital invested by funds: $6.87B [Q2] → $7.41B (+$540M) [Q3]
4% more funds holding
Funds holding: 400 [Q2] → 415 (+15) [Q3]
2.97% less ownership
Funds ownership: 95.88% [Q2] → 92.91% (-2.97%) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
36% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 174
52% less call options, than puts
Call options by funds: $24.6M | Put options by funds: $50.9M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$81
21%
upside
Avg. target
$87
29%
upside
High target
$92
37%
upside
8 analyst ratings
6 positive
75%
2 neutral
25%
0 negative
0%
Piper Sandler John Barnidge 68% 1-year accuracy 28 / 41 met price target | 25%upside $84 | Overweight Maintained | 18 Dec 2024 |
RBC Capital Kenneth Lee 69% 1-year accuracy 45 / 65 met price target | 34%upside $90 | Outperform Maintained | 11 Dec 2024 |
B of A Securities Joshua Shanker 44% 1-year accuracy 24 / 54 met price target | 23%upside $83 | Neutral Downgraded | 11 Dec 2024 |
Wells Fargo Elyse Greenspan 57% 1-year accuracy 52 / 91 met price target | 29%upside $87 | Overweight Maintained | 10 Dec 2024 |
Keefe, Bruyette & Woods Ryan Krueger 80% 1-year accuracy 12 / 15 met price target | 37%upside $92 | Outperform Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 5 articles about VOYA published over the past 30 days
Positive
Zacks Investment Research
2 days ago
5 Dividend-Paying Insurers Worth Watching for Steady Income in 2025
Insurers like Unum Group, Cincinnati Financial, American Financial, Radian and Voya Financial, which have an impressive dividend history, offer a breather amid volatility.
Neutral
Business Wire
5 days ago
Voya Equity Closed End Funds Declare Distributions
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emergin.
Positive
Zacks Investment Research
2 weeks ago
Why Is Voya (VOYA) Up 10.2% Since Last Earnings Report?
Voya (VOYA) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
2 weeks ago
Voya Financial teams up with Orion to launch new technology platform for financial professionals
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today that it is collaborating with Orion, a premier provider of transformative wealthtech solutions for financial professionals, to launch a new and enhanced technology platform for its Voya Financial Advisors (VFA) business. Voya WealthPath will provide VFA's financial professionals with an integrated experience of holistic in-plan and retail and advisory solutions, including financial planning and client relationshi.
Positive
Seeking Alpha
3 weeks ago
Voya: Fundamental Strengths Remain Despite Recent Underperformance
Voya Financial warrants a buy rating due to its profitable segments, strategic acquisitions, and strong growth potential despite underperforming larger competitors in share price performance. Voya's diversified revenue streams from wealth solutions, health solutions, and investment management ensure stability and steady growth, with 2024 projected to be its strongest year yet. Recent acquisitions, including Benefitfocus and OneAmerica, bolster Voya's segments and are expected to drive revenue growth, maintaining profitability and strong financial metrics.
Positive
Zacks Investment Research
1 month ago
Voya Financial Stock Rises 18.5% in 3 Months: Jump in or Wait out?
VOYA gains from favorable retention, impacts of the Benefitfocus buyout, improved investment income, positive net flows and higher return on capital.
Neutral
Business Wire
1 month ago
Voya Equity Closed End Funds Declare Distributions
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emergin.
Neutral
Business Wire
1 month ago
Voya to launch refreshed digital absence portal, enhances claims experience for both employees and employers
WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA) announced today enhancements to its online absence management platform, myBenefitsHub. The refreshed portal experience will offer Voya's absence management customers a more intuitive experience, enabling employers and employees the ability to submit and manage absence requests through a seamless experience. The enhancements to myBenefitsHub come at a time when new Voya research has found a majority (93%) of employees consider an.
Neutral
Seeking Alpha
1 month ago
Voya Financial, Inc. (VOYA) Q3 2024 Earnings Call Transcript
Voya Financial, Inc. (NYSE:VOYA ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Mei Ni C - Head of IR Heather Lavallee - CEO Don Templin - CFO Matt Toms - Head, Investment Management Rob Grubka - Head, Workplace Solutions Michael Katz - EVP, Finance Conference Call Participants Ryan Krueger - KBW Wes Carmichael - Autonomous Research Justin Moreno - Barclays Joel Hurwitz - Dowling & Partners Tom Gallagher - Evercore ISI Wilma Burdis - Raymond James Suneet Kamath - Jefferies Josh Shanker - Bank of America John Barnidge - Piper Sandler Operator Good morning. Welcome to Voya Financial's Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Voya Financial Q3 Earnings Surpass Estimates on Higher Premiums
VOYA's Q3 results reflect an improvement in premiums and solid performances across most of its segments, offset by lower investment income and higher expenses.
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