Voya Financial operates as a retirement, investment, and insurance company in the United States. The company has five segments: Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits. The company was incorporated in 1999 and is based in New York, New York.
VOYA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Voya Financial Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Voya Financial Inc ranked in the 23th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Voya Financial Inc ended up being:
Its compound free cash flow growth rate, as measured over the past 5.5 years, is -0.19% -- higher than merely 8.39% of stocks in our DCF forecasting set.
Voya Financial Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -7.47. This coverage rate is greater than that of only 9.82% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 12. This value is greater than 85.95% stocks in the Financial Services sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Voya Financial Inc? See GBL, BAM, BSIG, MGI, and AMK.
Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA) and Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) (the "Funds") today announced important information concerning the Funds’ distributions declared in December 2020. This press release is issued as required by the Funds’ Managed Distribution Plan (the "Plan") and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make quarterly cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the January distribution. It is not determinative of the tax character of the Funds’ distributi...
The Board of Trustees ("the Board") of Voya International High Dividend Equity Income Fund (the "Fund") (NYSE: IID) has approved a Plan of Liquidation and Termination for the Fund. The Plan of Liquidation and Termination is expected to take effect on or about March 31, 2021.
NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its financial results for the fourth-quarter and full-year 2020 on Wednesday, Feb. 10, 2021 from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the company’s financial results for the fourth-quarter and full-year 2020 after the market closes on Tuesday, Feb. 9, 2021. When issued, the press release, along with the company’s investor supplement and an
NEW YORK--(BUSINESS WIRE)---- $VOYA #Voya--Voya Financial, Inc. (NYSE: VOYA), announced today that both Caregiving.com, a Carely, Inc., company, and LIMRA, a research, consulting and professional-development organization for the financial services industry, recently recognized the company’s support and advocacy of the disabilities community through its Voya Cares® program. Voya received Caregiving.com’s 2020 Caregiving Visionary Caregiving Organization of the Year Award for its comprehensive set of benefits an