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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Voya Financial Inc. 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. In terms of the factors that were most noteworthy in this DCF analysis for VOYA, they are:
The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.18%; that's greater than only 11.44% of US stocks we're applying DCF forecasting to.
Voya Financial Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.55. This coverage rate is greater than that of merely 14.84% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Voya Financial Inc experienced a tax rate of about 31% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 90.43% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as VOYA, try NICK, HLNE, V, FDS, and MMC.
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If you are looking for the best ideas for your portfolio you may want to consider some of Greenlight Capital's top stock picks. Greenlight Capital, an investment management firm, is bearish on Voya Financial Inc. (NYSE:VOYA) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed its […]
MINNEAPOLIS--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it is collaborating with SAVVI Financial, a leading technology-enabled financial wellness platform, to offer a COVID Relief Planning Assistant designed to help those who have been laid off, furloughed or working reduced hours as a result of the pandemic. Through its Retirement and Employee Benefits businesses, Voya will offer SAVVI Financial’s COVID Relief Planning Assistant to its workplace clients as an onli
Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA) announced today it has hired Tom Frost as head of EMEA Insurance and Pension Solutions. Based in London, Frost reports to Charlie Shaffer, head of Distribution and John Simone, head of Insurance Solutions.
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 second quarter of 2020 on Thursday, Aug. 6, 2020, from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the company’s financial results for the second quarter of 2020 after the market closes on Wednesday, Aug. 5, 2020. When issued, the press release, along with the company’s investor supplement and analyst presentation fo