Kent Conrad - Genworth Financial Independent Director

GNW Stock  USD 5.99  0.02  0.33%   

Director

Sen. G. Kent Conrad is an Independent Director of the Company. He served as a U.S. Senator representing the State of North Dakota from January 1987 to January 2013. He served as the Chair of the Senate Budget Committee from 2006 until his retirement. Prior to serving in the U.S. Senate, Sen. Conrad served as the Tax Commissioner for the State of North Dakota from 1981 to 1986 and as Assistant Tax Commissioner from 1974 to 1980. Sen. Conrad holds an A.B. degree in Political Science from Stanford University and an M.B.A. degree from George Washington University. Sen. Conrads 26 years of experience as a U.S. Senator, including serving as Chair of the Senate Budget Committee for approximately six years, provides the Board with extensive information and insight into public policy, fiscal affairs, governmental relations and legislative and regulatory issues. since 2013.
Age 69
Tenure 11 years
Professional MarksMBA
Address 6620 West Broad Street, Richmond, VA, United States, 23230
Phone804 281 6000
Webhttps://www.genworth.com

Genworth Financial Management Efficiency

Return On Tangible Assets is likely to drop to 0 in 2024. Return On Capital Employed is likely to drop to 0 in 2024. At this time, Genworth Financial's Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 3.3 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 39.4 B in 2024. Genworth Financial's management efficiency ratios could be used to measure how well Genworth Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 1.63 B in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Genworth Financial has a current ratio of 1.39, which is typical for the industry and considered as normal. Debt can assist Genworth Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Genworth Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genworth Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genworth to invest in growth at high rates of return. When we think about Genworth Financial's use of debt, we should always consider it together with cash and equity.

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Genworth Financial, Inc. provides insurance products in the United States and internationally. The company was founded in 1871 and is headquartered in Richmond, Virginia. Genworth Financial operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. It employs 2500 people. Genworth Financial (GNW) is traded on New York Stock Exchange in USA. It is located in 6620 West Broad Street, Richmond, VA, United States, 23230 and employs 2,700 people. Genworth Financial is listed under Life & Health Insurance category by Fama And French industry classification.

Management Performance

Genworth Financial Leadership Team

Elected by the shareholders, the Genworth Financial's board of directors comprises two types of representatives: Genworth Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genworth. The board's role is to monitor Genworth Financial's management team and ensure that shareholders' interests are well served. Genworth Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Genworth Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Laming, Executive Vice President - Human Resources
Robert Vrolyk, Chief President
Christine Mead, Independent Director
James Riepe, Non-Executive Independent Chairman of the Board
William Bolinder, Independent Director
CFA IV, CFO VP
Jamala Arland, Executive Insurance
Melina Higgins, Non-Executive Independent Chairman of the Board
Kent Conrad, Independent Director
Thomas McInerney, CEO and President Director and CEO of The U.S. Life Insurance Division
Matthew Farney, Principal Accounting Officer, Vice President Controller
Kevin Schneider, Chief Operating Officer, Executive Vice President
Nancy Karch, Independent Director
Joost Heideman, Senior CareScout
Howard Mills, Independent Director
Rohit Gupta, Executive Vice President - U.S. Mortgage Insurance
Lori Evangel, Executive Vice President, Chief Risk Officer
Robert Restrepo, Independent Director
Pamela Harrison, Chief Human Resource Officer, Executive Vice President
Melissa Hagerman, Chief Human Resource Officer, Executive Vice President
Sarah Crews, Head Relations
Andrea White, Executive Insurance
Ward Bobitz, Executive Vice President General Counsel
Debra Perry, Independent Director
John II, Chief Officer
Brian Haendiges, Executive Vice President - U.S. Life Insurance, Chief Risk Officer
James Parke, Independent Director
Elaine Sarsynski, Independent Director
Karen Dyson, Independent Director
Darren Woodell, Controller VP
Kelly Groh, CFO, Chief Accounting Officer, Executive VP and Controller
David Moffett, Independent Director
Jill Goodman, Independent Director
Luke Oxenham, Director Relations
Thomas Moloney, Independent Director
Jerome Upton, Executive CFO
G Conrad, Independent Director
Daniel Sheehan, Chief Financial Officer, Executive Vice President, Chief Investment Officer
Kazutoshi Kuwahara, Managing Operations
Scott McKay, Executive Vice President, Chief Strategy Officer
Ramsey Smith, Independent Director
Kelly Saltzgaber, Executive Officer
Gregory Karawan, Executive Vice President General Counsel

Genworth Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Genworth Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Genworth Financial Investors Sentiment

The influence of Genworth Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genworth. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Genworth Financial's public news can be used to forecast risks associated with an investment in Genworth. The trend in average sentiment can be used to explain how an investor holding Genworth can time the market purely based on public headlines and social activities around Genworth Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genworth Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genworth Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genworth Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genworth Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genworth Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genworth Financial's short interest history, or implied volatility extrapolated from Genworth Financial options trading.

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When determining whether Genworth Financial is a strong investment it is important to analyze Genworth Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genworth Financial's future performance. For an informed investment choice regarding Genworth Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genworth Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Genworth Stock analysis

When running Genworth Financial's price analysis, check to measure Genworth Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Is Genworth Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genworth Financial. If investors know Genworth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genworth Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.16
Revenue Per Share
15.973
Quarterly Revenue Growth
0.024
Return On Assets
0.0029
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.