Voya Financial, Inc. engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. The segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional and individual customers. The Health Solutions segment offers various insurance products comprising stop loss, group life, group disability, whole life, critical illness, accident, and hospital indemnity insurance. The segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors and institutional clients through its direct sales force, consultant channel, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.
Strategic Expansion | Explore Voya's acquisition of OneAmerica Retirement Plan, a move expected to boost earnings and strengthen its market position in retirement services |
Financial Resilience | Voya's capital-light model and high free cash flow generation provide flexibility for growth initiatives and shareholder returns |
Market Outlook | Analysts project EPS growth from $8.38 in FY1 to $10.18 in FY2, with an average price target around $84, reflecting confidence in Voya's prospects |
Navigating Challenges | Delve into Voya's strategies for addressing elevated stop-loss rates and variable investment income headwinds while maintaining its competitive edge |
Metrics to compare | VOYA | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipVOYAPeersSector | |
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P/E Ratio | 12.0x | 9.1x | 8.8x | |
PEG Ratio | 3.67 | 0.14 | 0.03 | |
Price/Book | 1.7x | 1.0x | 1.0x | |
Price / LTM Sales | 1.0x | 1.4x | 2.8x | |
Upside (Analyst Target) | 10.1% | 6.7% | 10.6% | |
Fair Value Upside | Unlock | −5.6% | 2.5% | Unlock |