STOCK TITAN

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.

Rhea-AI Summary

Voya Investment Management has appointed Gabriel Altbach as Managing Director and Chief Marketing Officer. Reporting to Dina Santoro, Altbach will lead a dedicated marketing team to enhance Voya's brand and marketing strategy globally. With over 20 years of experience, he aims to drive Voya's growth by developing innovative marketing initiatives. Previously, Altbach was President of White Marble Marketing in North America and has held key positions at Pioneer Investments and Amundi Asset Management. Voya currently manages over $245 billion in assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
-
Rhea-AI Summary

Voya Investment Management announced a commitment of $4.6 billion in debt through private placements in 2020, with $3.5 billion allocated on behalf of institutional clients. Institutional clients comprise 56% of Voya IM’s $21.5 billion in private placement assets. The company has a selective investment strategy, focusing on opportunities with strong risk/return profiles. Infrastructure financing is expected to grow, with $1.4 billion, or 30.4% of commitments in 2020, directed towards this area, including renewable energy projects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
none
-
Rhea-AI Summary

Voya Financial has launched a unique "Retiree Menu" within the ABA Retirement Funds Program to assist participants nearing or in retirement. This innovative offering aims to provide tailored investment options aligned with their retirement goals. A survey indicates that 94% of Americans with retirement plans value a long-term investment perspective. The Retiree Menu includes a "Retiree Toolbox" with resources like Social Security guidance and access to financial advisors. Voya emphasizes its commitment to enhancing retirement readiness for approximately 13.8 million customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
none
Rhea-AI Summary

Voya Financial (NYSE: VOYA) reported strong financial results for Q4 and FY 2020, achieving a 21% increase in normalized adjusted operating earnings per share year-over-year. The company saw a 6.9% rise in full-service recurring deposits in its Retirement segment and generated $8.4 billion in positive net flows in Investment Management. Voya completed key sales to streamline operations, focusing on workplace clients, and announced a $1 billion share repurchase authorization. Despite challenges from the pandemic, Voya remains optimistic about future growth and client interest in its offerings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.68%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
Rhea-AI Summary

Voya Financial, Inc. (NYSE: VOYA) has scheduled its annual meeting of stockholders for May 27, 2021, at 11:00 a.m. ET. Stockholders of record as of March 30, 2021, will be eligible to vote. The meeting will be conducted online, with further details to be provided in the proxy statement to be filed prior to the meeting. Voya serves approximately 13.8 million customers and reported $7.5 billion in revenue in 2019, managing $657 billion in assets as of September 30, 2020.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
none
-
Rhea-AI Summary

Voya Financial (NYSE: VOYA) has partnered with the National Down Syndrome Society (NDSS) to launch the Financial Wellness: A guide for individuals with disabilities, their families and caregivers. This guide addresses the unique financial needs of the disability community, including key insights on personal assets and benefits. It aims to help individuals make informed decisions that enable financial independence. NDSS President Kandi Pickard emphasized the gap in financial resources for this community, while Voya's Jessica Tuman highlighted the importance of understanding government benefit interactions for long-term planning.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
none
Rhea-AI Summary

Voya Financial, Inc. (NYSE: VOYA) has declared a common stock dividend of $0.165 per share for Q1 2021, payable on March 29, 2021. Shareholders of record as of February 26, 2021 will receive this dividend. Additionally, Voya announced a semi-annual dividend of $30.625 per share on its Series A preferred stock and a quarterly dividend of $13.3750 per share on its Series B preferred stock, both payable on March 15, 2021. The decision reflects Voya's commitment to shareholder returns, having returned approximately $6.5 billion in excess capital since its IPO.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.27%
Tags
dividends

FAQ

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

The current stock price of VOYA FINANCIAL (VOYA) is $67.21 as of December 20, 2024.

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

The market cap of VOYA FINANCIAL (VOYA) is approximately 6.4B.

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

6.44B
95.87M
0.33%
102.38%
2.15%
Financial Conglomerates
Life Insurance
Link
United States of America
NEW YORK