Genworth Financial, Inc.

  • Should You Buy These Stocks?

    By John Timmes - August 6, 2013 | Tickers: GNW, MTG, RDN

    John Paulson is best known for betting against the hosing market in 2007, trades that made over $15 billion.  However, Paulson's funds have struggled since then and his losses on gold are widely discussed.  However, Paulson has had a great deal of success lately on the back of big gains in mortgage and title insurers.  Paulson continues to maintain large positions in these companies and sees bright futures. 

    Investing more »

  • Interest Rate Rise Will Bolster Long-Term Care Insurance Company Earnings

    By Jesse Slome - August 2, 2013 | Tickers: GNW, MFC, MET, PRU, UNM

    A rise of 1% in investment return on fixed interest instruments could generate an additional $100 million or more in annual revenue for insurance companies with blocks of long term care insurance.

    Several years of historic low interest rates have wreaked havoc on the long term care insurance marketplace. Several insurers directly cited this as a contributing factor in their decision to cease selling policies to new applicants.

    Conversely, a more »

  • Has Genworth Financial Risen Too Far Too Fast?

    By Rupert Hargreaves - July 22, 2013 | Tickers: GNW, PRU, RGA

    Genworth Financial's (NYSE: GNW) stock has been on a roll during the past year. So far this year, shares have gained 75%--but is this too high? Genworth has been bid up as investors note the positive sentiment in the housing market, rising house prices and a recovery in the mortgage-reinsurance market. However, although Genworth's stock has moved higher thanks to a return to risk, the company could more »

  • Is Now the Time to Buy Mortgage Insurers

    By Rupert Hargreaves - July 16, 2013 | Tickers: GNW, MTG, RDN

    According to Fannie Mae and Freddie Mac, the number of mortgages past due is falling across the country. Certain states, however, still have a high number of borrowers who are behind on their payments.

    In the first quarter, Fannie's serious delinquency rate, which measures the percentage of the entities overall loan book that is at least three payments past due or in the foreclosure process, fell to 3.02 more »

  • Should Fairholme Capital's New Buys Be Your New Buys?

    By Shweta Dubey - July 12, 2013 | Tickers: CNQ, CHK, GNW

    Fairholme Capital Management is one of the leading investment advisers and offers investment services to individuals and corporations. The hedge company manages around 205 accounts, amounting to around $10.1 billion in assets as of March 31. Before investing, the fund conducts extensive research and uses a focused value-oriented approach. By using this approach, Fairholme posted a return of 31% and outperformed the S&P 500 by more than 15 more »

  • Buy the Dips, the Rally Isn't Over Yet

    By Rupert Hargreaves - June 20, 2013 | Tickers: GNW, NOV, WLP

    It may seem absurd for me to make this prediction but I believe that despite current volatility, the market actually has further left to run.

    There are currently many different analysts all stating why they believe the market is overvalued and due for a pullback, however, a quick evaluation of the market by one of the simplest methods around quickly shows that the market could actually be undervalued.

    According to more »

  • The Outlook for the Global Insurance Market Is Starting to Pick Up

    By Rupert Hargreaves - June 12, 2013 | Tickers: AIG, GNW, PUK

    Editor's Note: The initial article incorrectly identifies Prudential plc as Prudential Financial. This version has been corrected and Motley Fool apologizes for the error.

    According to Munich RE, the primary insurance market is finally recovering from 2008 despite the slow economic recovery throughout the world.

    Within the insurance giants' short term insurance market outlook published this month, it was noted that the volume of primary insurance premiums written is more »

  • How Is Bruce Berkowitz Playing the Financials?

    By Meena Krishnamsetty - May 31, 2013 | Tickers: AIG, BAC, GNW, MBI, WFC

    Each quarter, hedge funds, such as Bruce Berkowitz’s Fairholme, file 13Fs with the SEC. These 13F forms disclose many of the positions held in the fund’s equity portfolio during the quarter. Fairholme is a very large managed fund, with over $19 billion in assets under management. Let’s take a look at how Berkowitz has been playing the financials, because retail investors can benefit from watching hedge fund more »

  • Piotroski's Picks

    By Rupert Hargreaves - May 30, 2013 | Tickers: CTL, GNW, RDC

    By its very nature, value investing is dangerous. Usually, companies that are labelled a value investment are cheaper than their peers because the market is worried about their future and ability to survive. As a result, value investing is a speculative style of investing.

    The godfather of value investing, Benjamin Graham, always stated that value investing was fraught with risks, even when using his very strict criteria. Graham realized that more »

  • Check out These Mortgage Insurers for a Good Play on the Housing Market Rebound

    By Rupert Hargreaves - May 30, 2013 | Tickers: GNW, MTG, RDN

    The property market is on the rebound and home prices are now on average the highest on record, according to Reuters. For the most part, the boom in property sales has been due to the availability of mortgages and one of the best ways to play this trend could be through mortgage insurance providers. 

    The main players

    Of the main mortgage insurance companies around are MGIC Investment (NYSE: MTG) and more »

  • Klarman Adds to AIG, Drops Allied Nevada and Genworth

    By Sam Mattera - May 22, 2013 | Tickers: ANV, AIG, GNW

    Seth Klarman is a legendary value investor. His fund, The Baupost Group, is one of the largest hedge funds in the world, with assets totaling nearly $30 billion.

    As of its 13F filing last week, the fund was fairly active in the first quarter, exiting some stakes while dramatically increasing others. As of the end of March, the fund held positions in more than 20 stocks.

    The most interesting of more »

  • Three Reasons to be Bullish About Genworth Financial

    By Anh HOANG - May 22, 2013 | Tickers: GNW, MET, PRU

    I have been bullish about Genworth Financial (NYSE: GNW) since the end of 2012. For the past five months, Genworth has experienced a significant rise of more than 45.6% on the market. Interestingly, this insurance company is in the portfolios of many successful investors, including John Paulson, Bruce Berkowitz, Ray Dalio and Jeremy Gratham. There are three reasons that I still like this insurance company even after its recent more »

  • Time to Get Insured?

    By Marshall Hargrave - May 14, 2013 | Tickers: GNW, LNC, MFC, PRU

    Prudential Financial (NYSE: PRU) was up 11% over the past week after first quarter operating earnings surpassed consensus and year ago results. Could this be a sign of things to come for other insurers?

    Prudential is a financial services company, with operations in the United States, Asia, Europe and Latin America. Through its subsidiaries and affiliates, the insurer offers an array of financial products and services, including life insurance, annuities more »

  • Billionaire John Paulson Sees "Considerable Upside" in 3 Stocks

    By John Macris - April 25, 2013 | Tickers: GNW, MTG, RDN

    John Paulson, the New York-based hedge fund manager, is known for making bold stock market calls. The Harvard and New York University graduate, which Forbes considers the 31st richest person in America, has gained considerable media attention for his large investment in gold.

    Unless you consider yourself to be a casual market observer, you’re probably aware that the SPDR Gold Trust suffered a precipitous 13% decline on Friday, April more »

  • A Tale of Two Genworths

    By Alexander MacLennan - April 23, 2013 | Tickers: GNW, MIC, GMICF

    A search for the company by the name of Genworth will turn up two different results in most financial searches. The one with a greater U.S. presence being Genworth Financial (NYSE: GNW) and the one with a greater Canadian presence being Genworth MI Canada (NASDAQOTH: GMICF) (TSX: MIC). Despite sharing a similar name, these two stocks have very different characteristics when it comes to how they fit in an more »

  • Consumer Bureau Gives Mortgage Insurance Companies a Wrist Slap

    By Kyle Colona - April 12, 2013 | Tickers: AIG, GNW, MTG, RDN

    The Consumer Finance Protection Bureau (CFPB) announced a legal settlement with four mortgage insurance companies last week that will resolve allegations of "kickbacks" to lenders, and require the firms to pay more than $15 million in combined penalties.

    The legal case involved Gemworth Mortgage Insurance, Mortgage Guaranty Insurance, Radian Guaranty and United Guaranty (all units of publicly traded companies). In its press release announcing the settlement agreements, the bureau claims more »

  • Financial Firm Making Big Changes

    By Mike Thiessen - April 4, 2013 | Tickers: GNW, PL, PRU

    Genworth Financial (NYSE: GNW) announced it will divest its wealth management business on Wednesday, March 27.  A partnership of Aquiline Capital Partners and Genstar Capital will pay $412.5 million in a deal expected to close in 2H13.  Genworth stated that it will book an after tax loss in the neighborhood of $40 million with $35 million of that amount booked in 1Q13 and the remainder at the close of more »

  • Financial Firm Making Big Changes

    By Mike Thiessen - April 2, 2013 | Tickers: GNW, PL, PRU

    Genworth Financial (NYSE: GNW) announced it will divest its wealth management business on Wednesday, March 27.  A partnership of Aquiline Capital Partners and Genstar Capital will pay $412.5 million in a deal expected to close in 2H13.  Genworth stated that it will book an after tax loss in the neighborhood of $40 million with $35 million of that amount booked in 1Q13 and the remainder at the close of more »

  • Long-Term Care Insurers off to Fast Start in 2013

    By Jesse Slome - March 22, 2013 | Tickers: AEG, GNW, MFC, MET, PRU, UNM

    Compared to 2012, leading long-term care insurance companies recorded increases of 30%-55% in applications submitted during the first two months of the year.

    According to the findings of a study released this week by the American Association for Long-Term Care Insurance, January and February were busy months for insurers. The organization based their report on data representing nearly 30,000 individual long-term care insurance policies submitted during the first more »

  • Monday's Market Movers: Are Any Worth Buying?

    By Brian Nichols - March 12, 2013 | Tickers: BBRY, GNW, ZNGA

    It’s easy to see a large pop in the morning and to be suckered into the prospects of quick gains. This trend-chasing behavior often produces large loss, but sometimes the move is a part of a larger trend higher. Let's look at Monday’s top movers to determine if more gains are to come or if trend chasers will ultimately experience loss.

    BlackBerry (NASDAQ: BBRY)

    After six months more »

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