Voya Financial (VOYA)
NYSEFinancialsInsurance - LifeSnapshot 2026-09-04
$104.09-0.73%
Close 2026-09-04 · 1-day change
NYSEFinancialsInsurance - LifeSnapshot 2026-09-04
QuarterlyIQ Insights · VOYA
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -9.5% |
| Our one-year growth estimate | diamond | -0.1% |
Growth built into the price is above our model estimate.
The price assumes 9.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 13 industry peers · Company calendar date is not available
VOYA — earnings miss
Dated 2026-08-04
As previously announced, Voya Financial will host a conference call on Wednesday, August 5, 2026 at 10:00 am ET to discuss its second-quarter 2026 results. The call can be accessed via Voya Financial’s investor relations website at http://investors.voya.com. In addition, more detailed financial information can be found in Voya Financial’s Quarterly Investor Supplement for the quarter ended June 30, 2026, available on Voya Financial’s investor relations website at http://investors.voya.com. Th…
Why it matters: Alternative investment income impacts total earnings. Good results can help build investor trust.
Supportive ifQ3 alternative investment income is over $15 million. This shows recovery from Q2 losses.
Worry ifQ3 alternative investment income is under $10 million. This shows ongoing problems.
Why it matters: Cutting costs will help margins. This will support making more money in the future.
Supportive ifManagement says severance costs are fully covered by cost cuts in Q3.
Worry ifManagement says cost cuts are delayed or not as big as expected.
Why it matters: Lawsuits can impact financial results and investor trust. Updates may reveal possible risks.
Worry ifNo new litigation news or settlements in Q3.
Less concerning ifNew lawsuit news shows a higher risk to financial stability.
Why it matters: This will show how well Voya is managing its alternative investments. A strong performance can boost earnings.
Supportive ifThe company thinks it will make over $100 million from alternative investments in Q2 2026.
Worry ifAlternative investment income is expected to be less than $50 million in Q2 2026.
Why it matters: The financial sector is in a growth phase. If revenue growth drops, it could impact Voya's performance.
Worry ifSector revenue growth falls below the median of 13% year over year.
Less concerning ifSector revenue growth remains above the median of 13% year over year.
Why it matters: A new share repurchase plan shows trust in the company's financial health. It also shows a commitment to returning money to shareholders.
Supportive ifA new share repurchase plan is announced. It is over $150 million.
Worry ifThere is no news of new share repurchase plans. There may also be a cut in planned repurchases.
Why it matters: Higher dividends mean the company is doing well. It also shows they care about shareholders.
Supportive ifVoya announces an increase in the dividend per share above $0.47.
Worry ifDividend per share remains at $0.47 or decreases.
Why it matters: Net income growth shows how healthy and profitable a company is. It affects investor trust.
Supportive ifIn Q2 2026, net income for common shareholders is over $180 million.
Worry ifIn Q2 2026, net income drops below $160 million. This raises worries about profitability.
Why it matters: This growth shows good management and market demand. It helps the company perform better.
Supportive ifEmployee Benefits segment revenue increased by over 17.8% from last year in Q2 2026.
Worry ifEmployee Benefits segment revenue increased by less than 17.8% from last year in Q2 2026.
Why it matters: Ongoing lawsuits may harm Voya's reputation and finances. This is true for alternative investments.
Worry ifUpdates on lawsuits show good news or resolutions for Voya.
Less concerning ifLawsuits increase or cause financial problems.
Why it matters: A rise in operating income shows Voya is efficient. Their growth strategies are working.
Supportive ifOperating income was over $230M for Q2.
Worry ifOperating income was under $230M. This shows execution issues.
Why it matters: If earnings drop below this level, it shows problems with investment income. This could hurt investor trust.
Worry ifQ3 operating earnings are less than $140 million.
Less concerning ifQ3 operating earnings are more than $140 million.
Why it matters: Extra cash shows strong money flow and helps returns to shareholders. It shows financial strength.
Supportive ifExtra cash generation is over $150 million in Q3.
Worry ifExtra cash generation is below $100 million in Q3.
Why it matters: Cutting costs will help profits. This is important for Voya's long-term plans.
Supportive ifOperating expenses decrease by at least 5% in Q3 compared to Q2.
Worry ifOperating costs go up or stay the same in Q3 compared to Q2.
Why it matters: Another earnings miss could show deeper issues in Voya's performance and strategy.
Worry ifQ2 earnings were lower than what analysts expected.
Less concerning ifQ2 earnings met or beat analyst expectations. This shows a recovery.
Why it matters: Active share buybacks show management believes in the company's value. This can help the stock price.
Supportive ifVoya announces a share repurchase of at least $150 million in Q2 2026.
Worry ifNo share repurchase activity is reported in Q2 2026.
Why it matters: A drop in revenue growth would signal weakening momentum in a key business area.
Worry ifRetirement segment revenue growth falls below 10% year over year for Q3.
Less concerning ifRetirement segment revenue growth stays at or above 10% year over year.
Why it matters: Managing costs well shows Voya can boost margins and work better.
Supportive ifOperating expenses fall a lot. Severance costs will be covered in two quarters.
Worry ifOperating expenses stay high and do not cover severance costs.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$94 on $10,000 · ±0.9% | How much price usually moves either way. |
| Bad day | $241 loss on $10,000 · 2.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,653 loss on $10,000 · 16.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.