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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 Investment Management has been chosen by Allstate to manage its $850 million commercial mortgage portfolio, effective Nov. 14, 2022. Allstate retains ownership while Voya IM takes over management through a separately managed account. Approximately seven Allstate employees will join Voya’s team to handle this portfolio. Allstate's Managing Director emphasized the need for Voya’s proven expertise in commercial mortgage management, citing recent sales of assets making internal management less optimal. Voya manages approximately $330 billion in assets across various strategies.

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Voya Financial is celebrating National Disability Employment Awareness Month with a virtual concert featuring Mandy Harvey and other artists with disabilities, streaming on YouTube from Oct. 20 at 7 p.m. ET. The concert, held on Oct. 2 at the Kennedy Center, promotes disability inclusion in the workplace. Artists include Paul Gavin and Blessing Offor, showcasing their talents. Voya emphasizes the importance of hiring individuals with disabilities and continues its commitment through initiatives like Voya Cares®.

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Voya Financial, Inc. (NYSE: VOYA) will hold a webcast and conference call to discuss its third-quarter 2022 financial results on November 2, 2022, from 10 a.m. to 11 a.m. ET. A press release detailing the financial results will be published after market closure on November 1, 2022. Investors can access the live webcast and any accompanying materials, including a slide presentation, through the company's investor relations website. Voya manages approximately $644 billion in total assets and serves 14.3 million clients.

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Voya Financial has been honored with the Medgar Evers College Equity and Impact Award for its dedication to diversifying the teaching workforce and supporting students from underserved communities. At the Medgar Evers Legends and Legacy Inauguration Scholarship Gala, Voya was recognized alongside three other companies. The award was accepted by Braeden Mayrisch, who emphasized the importance of nurturing young educators and students. Voya collaborates with Medgar Evers College to enhance educational opportunities, aligning with its mission to foster financial security for all Americans.

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Voya Financial (NYSE: VOYA) has achieved certification as a Great Place to Work for seven consecutive years, with 88% of its employees affirming it as a great workplace, significantly higher than the 57% average for U.S. companies. The certification was based on feedback from over 1,700 employees and highlights include 95% of employees feeling positive about Voya's community contributions, and 93% feeling welcomed upon joining. Voya serves 14.3 million clients and manages approximately $644 billion in assets.

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Voya Investment Management (NYSE: VOYA) has appointed Matt Toms, CFA, as its first global chief investment officer (CIO). Toms, who has been CIO of fixed income since September 2016, will oversee over 300 investment professionals managing approximately $330 billion in assets. This restructuring aims to enhance client service and leverage investment insights across teams. Additionally, Chris Lyons expands his role in private fixed income and alternatives. The firm also announced upcoming changes among its investment team members in line with succession planning.

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On Sept. 29, 2022, Voya Financial (NYSE: VOYA) declared a quarterly dividend of $0.20 per share, leading to adjustments in the exercise price of its Warrants. The price decreased from $47.21 to $47.07 per share, while the number of shares per Warrant increased to 1.0356. As of June 30, 2022, Voya reported $644 billion in total assets under management and administration, serving approximately 14.3 million clients. Voya is recognized for its ethical commitments and workplace inclusivity.

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FAQ

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

The current stock price of VOYA FINANCIAL (VOYA) is $81.68 as of November 22, 2024.

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

The market cap of VOYA FINANCIAL (VOYA) is approximately 8.2B.

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

8.21B
95.87M
0.33%
101.84%
2.1%
Financial Conglomerates
Life Insurance
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United States of America
NEW YORK