Summary
GNW Chart
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Should Value Investors Buy Genworth Financial (GNW) Stock?
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Genworth Financial Q2 Earnings Call Highlights
Genworth Financial NYSE: GNW reported second-quarter net income of $47 million, or $0.12 per share, while adjusted operating income excluding its closed block business totaled $112 million, or $0.29 per share. The company's results were led by mortgage insurance subsidiary Enact, while losses in the closed block and continued investment in CareScout weighed on overall performance.
Genworth Financial Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 908 | $7,073.03 | $8,798.52 | $1,725.49 | 24.4% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 286,166 | $2.71M | $2.77M | $62,958.55 | 2.32% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 200 | $1,806 | $1,934 | $128 | 7.09% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 230 | $1,848.77 | $2,251.7 | $402.93 | 21.79% |
 Donald Smith & Co Donald Smith & Co Inc. | 22.48M | $114.84M | $220.33M | $105.49M | 91.85% |
Genworth Financial Inc. (GNW) FAQ
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Genworth Financial Inc. Profile
| Insurance Industry | Financials Sector | Jerome T. Upton CEO | NYSE Exchange | 37247D106 CUSIP |
| US Country | 3,100 Employees | 8 Oct 2008 Last Dividend | - Last Split | 25 May 2004 IPO Date |
Overview
Genworth Financial, Inc., together with its subsidiaries, operates in the financial industry, specializing in mortgage and long-term care insurance products across the United States and internationally. The company conducts its business through three principal segments: Enact, Long-Term Care Insurance, and Life and Annuities. Founded in 1871, Genworth Financial has grown to offer a range of insurance products designed to meet the needs of individuals and families by providing financial security and protection. It is headquartered in Richmond, Virginia and distributes its products through a combination of sales force, in-house sales representatives, and digital marketing programs.
Products and Services
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Enact:
This segment caters to the market for private mortgage insurance, primarily insuring prime-based, individually underwritten residential mortgage loans. Additionally, it offers pool mortgage insurance products, which are designed to provide lenders with additional protection against default on covered loans.
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Long-Term Care Insurance:
Genworth's Long-Term Care Insurance segment provides products intended to offer financial protection against the significant and escalating costs associated with long-term care services. These services may include care provided in the insured's home, assisted living facilities, and nursing homes, ensuring coverage for various types of long-term care needs.
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Life and Annuities:
This segment offers a wide range of protection and retirement income products. The portfolio includes traditional and non-traditional life insurance products, such as term life, universal life, and term universal life insurance. Corporate-owned life insurance and funding agreements are also offered. Furthermore, Genworth provides fixed and variable annuities, catering to clients seeking reliable retirement income solutions or looking to grow their savings.
