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Voya Financial (VOYA) Company Profile

Updated May 14, 2020
Voya Financial has the following business profile:
Company's Full Name:Voya Financial, Inc.
Short Name:Voya Financial
Trading Ticker Symbol:VOYA
Primary Exchange:NYSE
Headquarter City/Country:New York, NY
Primary Industry Sector:Finance
Seconday Sub-sector:Life Insurance
Main Business Areas: Finance, Life Insurance, Financial Services, Asset Management
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Voya Financial stock

Market and Trading Information for Voya Financial

The following details were available for trading and market data about the stock of Voya Financial as of writing:
Current Share Price:$40.41
Previous Year's Closing Price:$60.98
Percentage Price Change (YTD):-33.73%
Market Cap:$5.1 billion
52-week Price Range:$29.75 - $63.81
Dividend Per Share:$0.46
EPS (TTM):-3.95
Price-Earnings (Trailing):0
Price-Earnings (Forward):6.67

Company Profile and Business Description for Voya Financial

Voya Financial, Inc., incorporated on April 7, 1999, is a retirement, investment and insurance company. The Company offers its products and services through a group of financial intermediaries, independent producers, affiliated advisors and sales specialists throughout the United States. The Company operates through five segments: Retirement, Investment Management, Annuities, Individual Life and Employee Benefits. The Retirement segment is a provider of retirement services and products in the United States. The Investment Management segment offers domestic and international fixed income, equity, multi-asset and alternatives products and solutions across market sectors, investment styles and capitalization spectrums through its managed, full-service investment management business.

The Annuities segment provides fixed and indexed annuities, tax-qualified mutual fund custodial and other investment-only products and payout annuities for pre-retirement wealth accumulation and post-retirement income management sold through multiple channels. The Individual Life segment provides wealth protection and transfer opportunities through universal and variable products, distributed primarily through a network of independent general agents and managing directors (Aligned Distributors) to meet the needs of a range of customers from the middle-market through affluent market segments. The Employee Benefits segment provides stop loss, group life, voluntary employee-paid and disability products to mid-sized and large businesses.

Retirement

The Retirement segment is focused on meeting the needs of individuals in preparing for and sustaining a secure retirement through employer-sponsored plans and services, as well as through individual account rollover plans and financial product offerings and planning and advisory services. Its Institutional Retirement Plans business offers tax-deferred employer-sponsored retirement savings plan and administrative services to corporations of all sizes, public and private school systems, higher education institutions, state and local governments, hospitals and healthcare facilities and not-for-profit organizations. Its full-service retirement plan offerings are also supported by financial planning and investment advisory services offered through its Retail Wealth Management business or through third parties to help prepare individuals for retirement through customer-focused personalized and objective investment advice. Its Retail Wealth Management business offers products, along with advice and guidance delivered through field-based financial planning and advisory representatives and home office phone-based representatives. Its investment solutions include a range of mutual fund custodial individual retirement account (IRA) products and managed accounts and advisory programs, plus brokerage accounts.

Investment Management

The Investment Management segment delivers products and services that are manufactured by traditional and specialty investment platforms. The traditional platforms are fixed income, equities and multi-asset strategies and solutions (MASS). The specialty investment platforms are senior bank loans and alternatives. Investment Management's fixed income platform manages assets for its general account, as well as for domestic and international institutional and retail investors. The equities platform is a multi-cap and multi-style research-driven platform comprising both fundamental and quantitative equity strategies for institutional and retail investors. Investment Management's MASS platform offers a range of investment products and strategies that combine multiple asset classes using asset allocation techniques. Investment Management's senior bank loan group is a manager of below-investment grade floating-rate loans, managing diversified portfolios of loans made by banks around the world to non-investment grade corporate borrowers. Investment Management's primary alternatives platform is Pomona Capital. Pomona Capital specializes in investing in private equity funds in three ways by purchasing secondary interests in existing partnerships; by investing in new partnerships, and by co-investing alongside buyout funds in individual companies.

Annuities

The Annuities segment product offerings include immediate and deferred fixed annuities designed to address customer needs for tax-advantaged savings and retirement income and their wealth-protection concerns. Its Annuities segment offers tax-qualified mutual fund custodial products, which provide investment options across mutual fund families on a no-load basis. Its investment-only products are distributed nationally, primarily through relationships with independent brokers, financial planners and agents.

Individual Life

The Individual Life segment offers products that include indexed universal life (IUL), universal life (UL) and variable universal life (VUL) insurance. These offerings are designed to address customer needs for death benefit protection, tax-advantaged wealth transfer and accumulation, premium financing, business planning, executive benefits and supplemental retirement income.

Employee Benefits

The Employee Benefits segment provides group insurance products to mid-size and large corporate employers and professional associations. In addition, its Employee Benefits segment serves the voluntary worksite market by providing individual and payroll-deduction products to employees of its clients. Its stop loss insurance provides coverage for mid-sized to large employers that self-insure their medical claims. Group life products span basic and supplemental term life insurance as well as accidental death and dismemberment for mid-sized to large employers. Its voluntary benefits business involves the sale of universal life insurance, whole life insurance, critical illness, accident insurance and short-term disability income through the workplace. Group disability includes group long term disability, short term disability, telephonic short term disability, voluntary long term disability and voluntary short term disability products for mid-sized to large employers.

The Company competes with Empower, Fidelity, AXA, VALIC, TIAA-CREF, ICMA, AON Hewitt, Prudential, MetLife, Schwab, Vanguard, LPL Financial, Ameriprise, Commonwealth, Cambridge, Cetera, Bank of America Merrill Lynch, Principal Financial Group, J.P. Morgan Asset Management, PIMCO, Invesco, Wellington, Legg Mason, T. Rowe Price, Franklin Templeton, AIG, Allianz, Athene, Lincoln, Great American, National Life Group, North American Company, American General, John Hancock, Transamerica, Pacific Life, Minnesota Life, Tokio Marine HCC, Symetra, Sun Life, Unum and Allstate.

230 Park Ave

ETFs Holding Voya Financial Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Voya Financial stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Voya Financial stock holding. There are a total of 101 ETFs in Fknol.com records which are holding Voya Financial stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
VAMOCambria Value and Momentum ETFThe Cambria Value and Momentum ETF is an actively managed portfolio of large-, mid- and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio. ...Full Details0.65%99
Full List
Quarterly
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
Semi-Annually
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List
Annually
DSIiShares MSCI KLD 400 Social ETFThe iShares MSCI KLD 400 Social ETF tracks a market-cap-weighted index of 400 companies deemed to have positive environmental, social and governance characteristics by MSCI. ...Full Details0.25%402
Full List
Quarterly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
ESGUiShares MSCI USA ESG Optimized ETFThe iShares MSCI USA ESG Optimized ETF tracks an index composed of US companies that have been selected and weighted for positive environmental, social, and governance characteristics. ...Full Details0.15%296
Full List
Annually
ESGVVanguard ESG US Stock ETFThe Vanguard ESG U.S. Stock ETF tracks a market-cap-weighted index of US companies screened for environmental, social, and corporate governance (ESG) criteria. ...Full Details0.12%988
Full List
Quarterly
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly

See Full List of ETFs holding Voya Financial stock in their respective portfolios.

Peer / Competitor Companies of Life Insurance Sector

Along with Voya Financial, Inc., the following other peer (competitor) companies also exist within the same Life Insurance - Finance sector whose company profile and dividend history is as follows:

▶ Aegon NV (AEG): Aegon N.V., incorporated in 1983, is an international life insurance, pensions and asset management company. The Companys segments include the Americas, which includes the United States, Mexico and Brazil; the ....See Detailed Company Profile,  Dividend History

▶ American Equity Investment Life Holding (AEL): American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products and services in the United States. The company issues fixed index and rate annuities; and si....See Detailed Company Profile,  Dividend History

▶ American National Insurance (ANAT): American National Insurance Company is engaged in life insurance, annuities, and property and casualty insurance. The Company also offers limited health insurance. The Company provides personalized service to approximately six ....See Detailed Company Profile,  Dividend History

▶ Athene Holding (ATH): Athene Holding Ltd. is an insurance holding company. The Companys segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue ....See Detailed Company Profile,  Dividend History

▶ Atlantic American (AAME): Atlantic American Corporation, incorporated on January 4, 1968, is a holding company that operates through its subsidiaries in specialty markets within the life and health, and property and casualty insurance ....See Detailed Company Profile,  Dividend History

▶ China Life Insurance (LFC): China Life Insurance Company Limited, incorporated on June 30, 2003, is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health ....See Detailed Company Profile,  Dividend History

▶ Citizens (CIA): Citizens, Inc. (Citizens), incorporated on November 8, 1977, is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Companys ....See Detailed Company Profile,  Dividend History

▶ FBL Financial (FFG): FBL Financial Group, Inc., incorporated on October 13, 1993, sells individual life insurance and annuity products principally under the consumer brand name of Farm Bureau Financial Services. The Companys segments ....See Detailed Company Profile,  Dividend History

▶ Genworth Financial (GNW): Genworth Financial, Inc., incorporated on December 5, 2012, provides mortgage insurance products that allow people to purchase homes. The Company offers individual and group long-term care insurance products to meet ....See Detailed Company Profile,  Dividend History

▶ GWG (GWGH): GWG Holdings, Inc. operates as a financial services company. It purchases life insurance policies at a discount to the face value from the secondary market and policy holders, and continue to pay the ....See Detailed Company Profile,  Dividend History

▶ Independence Holding (IHC): Independence Holding Company (IHC), incorporated on April 23, 1980, is a holding company principally engaged in the life and health insurance business. The Companys segments include Medical Stop-Loss; Fully Insured ....See Detailed Company Profile,  Dividend History

▶ Lincoln National (LNC): Lincoln National Corporation, incorporated on January 5, 1968, is a holding company, which operates insurance and retirement businesses through its subsidiary companies. The Company operates in four segments: Annuities, Retirement ....See Detailed Company Profile,  Dividend History

▶ Manulife Financial (MFC): Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the....See Detailed Company Profile,  Dividend History

▶ MetLife (MET): MetLife, Inc. (MetLife), incorporated on August 10, 1999, is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include U.S.; Asia; Latin America; Europe, the ....See Detailed Company Profile,  Dividend History

▶ National Security (NSEC): The National Security Group, Inc. (NSG), incorporated on March 20, 1990, is an insurance holding company. The Company, through its subsidiaries, operates through two segments: property and casualty insurance, and ....See Detailed Company Profile,  Dividend History

▶ National Western Life (NWLI): National Western Life Group, Inc., incorporated on March 6, 2015, is a stock life insurance company. The Companys segments include Domestic Life Insurance, International Life Insurance, Annuities and All Others. ....See Detailed Company Profile,  Dividend History

▶ Primerica (PRI): Primerica Inc. (Primerica), incorporated on October 26, 2009, is a distributor of financial products to middle-income households in the United States and Canada. The Company operates through three segments: Term ....See Detailed Company Profile,  Dividend History

▶ Prudential Financial (PRU): Prudential Financial, Inc., incorporated in 1999, is a financial services company. The Company, through its subsidiaries and affiliates, offers a range of financial products and services, which includes life insurance, ....See Detailed Company Profile,  Dividend History

▶ Prudential Financial (PJH): Prudential Financial, Inc., incorporated in 1999, is a financial services company. The Company, through its subsidiaries and affiliates, offers a range of financial products and services, which includes life insurance, ....See Detailed Company Profile,  Dividend History

▶ Prudential Financial (PRH): Prudential Financial, Inc., incorporated in 1999, is a financial services company. The Company, through its subsidiaries and affiliates, offers a range of financial products and services, which includes life insurance, ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Life Insurance Sector.

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