Genworth Financial traded at $8.27 this Wednesday April 1st, increasing $0.15 or 1.79 percent since the previous trading session. Looking back, over the last four weeks, Genworth Financial gained 3.33 percent. Over the last 12 months, its price rose by 11.99 percent. Looking ahead, we forecast Genworth Financial to be priced at 7.75 by the end of this quarter and at 7.07 in one year, according to Trading Economics global macro models projections and analysts expectations.
Genworth Financial, Inc. provides mortgage insurance products that allow people to purchase homes. The Company offers individual and group long-term care insurance products to meet consumer needs for long-term care. Its segments include U.S. Mortgage Insurance, U.S. Life Insurance, Runoff, and Corporate and Other. In the United States, the Company offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans (flow mortgage insurance). The Canada Mortgage Insurance segment offers flow mortgage insurance and also provides bulk mortgage insurance. The Runoff segment's non-strategic products include its variable annuity, variable life insurance, corporate-owned life insurance, and other accident and health insurance products.