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VOYA FINANCIAL, INC. - VOYA STOCK NEWS

Welcome to our dedicated page for VOYA FINANCIAL news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on VOYA FINANCIAL stock.

Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.

Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.

With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.

For more information about Voya Financial, Inc., visit voya.com.

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Voya Financial (NYSE: VOYA) has launched a new advisory services program through Voya Retirement Advisors, LLC, powered by Morningstar. This initiative is designed to provide retirement plan participants with tailored advice and guidance solutions, responding to a growing demand—85% of working Americans deem these services important for investment confidence. The new program includes online investment advice and managed accounts, enhancing Voya's service offerings, which saw a 10% increase in managed account enrollment in 2022. Voya aims to support individuals through unique financial solutions, fostering greater participation and education in retirement planning.

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On March 29, 2023, Voya Financial, Inc. (NYSE: VOYA) announced a quarterly dividend of $0.20 per share on its common stock. This dividend led to adjustments in the exercise price of the Warrants under the Warrant Agreement, reducing it from $46.94 to $46.82 per share. Additionally, the number of shares each Warrant can purchase has been modified to 1.041295182 shares. These adjustments are effective as of March 29, 2023. Voya is recognized for its commitment to social responsibility and inclusivity, serving 14.7 million clients with innovative financial solutions.

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Voya Financial (NYSE: VOYA) has announced a total donation of $100,000 to support disability inclusion. The funds, consisting of two $50,000 donations, will be directed to Disability:IN and the National Down Syndrome Society (NDSS). This initiative aligns with the launch of Voya's "Better Together" advertising campaign, emphasizing diversity, equity, and inclusion in the workplace. The donations aim to improve employment opportunities for individuals with disabilities and coincide with Voya's ongoing commitment to socially responsible practices.

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Easterseals and Voya Cares have released a research paper titled Employment Extenders: A (labor) force to be reckoned with to explore the rising trend of older workers in the U.S. Most respondents indicated they are working longer due to insufficient retirement savings, with over half having less than $500,000 saved. The study identified four profiles of Employment Extenders: 'Want to Work,' 'Part of the Plan,' 'Worriers,' and 'Need to Work.' Employers are encouraged to adapt workplace benefits to meet the unique needs of this demographic, which includes providing education on retirement transitioning, income-focused retirement plans, and maximizing benefits.

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Voya Financial, Inc. (NYSE: VOYA) reported its fourth-quarter and full-year 2022 financial results, with fourth-quarter net income at $1.77 per diluted share and full-year net income at $4.30 per share. Adjusted operating earnings rose 31% in Q4 and 24% for the year, exceeding the growth target of 12% to 17%. The company generated over $600 million in excess capital in 2022 and plans to resume share repurchases in Q2 2023. Significant growth was noted in Wealth Solutions, Health Solutions, and Investment Management, with annualized in-force premiums up 10.8%. The acquisition of Benefitfocus was completed in January 2023, enhancing Voya's benefits administration capacity.

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WisdomTree (NYSE: WT) and Voya Investment Management (NYSE: VOYA) launched the WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) on NASDAQ. The fund aims to track the Bloomberg US Universal Enhanced Yield Index and has an expense ratio of 15 basis points. UNIY will provide investors exposure to the US dollar-denominated debt market while enhancing yield. This collaboration strengthens the long-term relationship between WisdomTree and Voya. UNIY offers potential investment opportunities by broadening sectors, exposing investors to various asset classes, and enhancing yield within specific risk parameters.

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Voya Financial (NYSE: VOYA) will participate in the Bank of America Insurance Conference on February 14 at 2:30 p.m. ET. Key executives, including CEO Heather Lavallee, CFO Don Templin, and EVP Michael Katz, will represent the company. The presentation will be available via a live webcast. Interested parties are encouraged to log in 15 minutes early to ensure proper software installation. Voya Financial is committed to delivering health, wealth, and investment solutions, serving approximately 14.3 million clients and managing $711 billion in assets as of September 30, 2022.

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FAQ

What is the current stock price of VOYA FINANCIAL (VOYA)?

The current stock price of VOYA FINANCIAL (VOYA) is $68.36 as of January 8, 2025.

What is the market cap of VOYA FINANCIAL (VOYA)?

The market cap of VOYA FINANCIAL (VOYA) is approximately 6.5B.

What does Voya Financial, Inc. specialize in?

Voya Financial specializes in retirement, investment, and insurance solutions for both individual and institutional clients.

How many customers does Voya Financial serve?

Voya Financial serves approximately 13 million individual and institutional customers in the United States.

What are the primary business segments of Voya Financial?

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions.

How many employees does Voya Financial have?

Voya Financial has a dedicated workforce of approximately 6,500 employees.

What is Voya Financial’s vision?

Voya Financial's vision is to be America’s Retirement Company™, guiding Americans towards greater retirement readiness.

What recent technological advancements has Voya Financial made?

Voya Financial has recently partnered with Oracle to leverage Oracle Database@Azure, enhancing their cloud services' performance and security.

Where can I find more information about Voya Financial?

More information about Voya Financial can be found on their official website, http://voya.com.

What types of retirement solutions does Voya Financial offer?

Voya Financial offers tax-advantaged retirement savings plans and individual retirement accounts, tailored to meet various customer needs.

What is the company’s focus in terms of corporate responsibility?

Voya Financial focuses on securing financial futures through responsible business practices, aiming to benefit individuals, families, and institutions.

How does Voya Financial enhance customer experiences?

Voya Financial enhances customer experiences by leveraging advanced technologies like Oracle Database@Azure for secure and high-performance services.
VOYA FINANCIAL, INC.

NYSE:VOYA

VOYA Rankings

VOYA Stock Data

6.53B
95.87M
0.31%
102.27%
1.96%
Financial Conglomerates
Life Insurance
Link
United States of America
NEW YORK