Genworth MI Canada Company Profile (TSE:MIC)

About Genworth MI Canada

Genworth MI Canada logoGenworth MI Canada Inc is a Canada-based company, which through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, is the private residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The Company offers both transactional and portfolio mortgage insurance. The Company's transactional mortgage insurance covers default risk on mortgage loans secured by residential properties to protect lenders from any resulting losses on claims. The Company also provides portfolio mortgage insurance to lenders for loans with loan-to-value ratios of 80% or less. The Company underwrites mortgage insurance for residential properties in all provinces and territories of Canada.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: MIC
  • CUSIP:
Key Metrics:
  • Previous Close: $37.44
  • 50 Day Moving Average: $34.33
  • 200 Day Moving Average: $33.02
  • 52-Week Range: C$91,864,000.00 - C$24.98
  • Trailing P/E Ratio: 8.25
  • P/E Growth: 18.30
  • Market Cap: $3.44B
  • Outstanding Shares: 91,864,000
Additional Links:

Analyst Ratings

Consensus Ratings for Genworth MI Canada (TSE:MIC) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$37.50

Analysts' Ratings History for Genworth MI Canada (TSE:MIC)
Show:
DateFirmActionRatingPrice TargetDetails
2/9/2017BMO Capital MarketsBoost Price TargetOutperformC$38.00 -> C$40.00View Rating Details
2/9/2017TD SecuritiesBoost Price TargetBuyC$40.00 -> C$43.00View Rating Details
2/8/2017ScotiabankReiterated RatingSector PerformC$34.00View Rating Details
2/8/2017CIBCBoost Price TargetC$37.00 -> C$40.00View Rating Details
2/8/2017Royal Bank Of CanadaBoost Price TargetSector PerformC$34.00 -> C$36.00View Rating Details
10/6/2016RBC Capital MarketsLower Price TargetSector PerformC$36.00 -> C$32.00View Rating Details
10/26/2015National Bank FinancialBoost Price TargetSector PerformC$32.00 -> C$35.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Genworth MI Canada (TSE:MIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
7/31/2014$0.93$1.04ViewN/AView Earnings Details
5/1/2014$0.90$0.96ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Genworth MI Canada (TSE:MIC)
Current Year EPS Consensus Estimate: $4.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.97$1.02$1.00
Q2 20161$0.97$0.97$0.97
Q3 20161$1.02$1.02$1.02
Q4 20161$1.01$1.01$1.01
Q1 20171$1.11$1.11$1.11
Q2 20171$1.13$1.13$1.13
Q3 20173$0.94$1.11$1.01
Q4 20172$0.99$1.12$1.06
Q1 20181$1.15$1.15$1.15
Q2 20181$1.16$1.16$1.16
Q3 20181$1.12$1.12$1.12
Q4 20181$1.11$1.11$1.11
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Genworth MI Canada (TSE:MIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/7/2017quarterlyC$0.444.77%2/15/20172/20/20173/8/2017
11/3/2016quarterlyC$0.446.25%11/14/201611/16/201611/25/2016
8/2/2016quarterlyC$0.424.86%8/10/20168/12/20168/26/2016
4/28/2016quarterlyC$0.425.17%5/11/20165/13/20165/27/2016
2/4/2016quarterlyC$0.426.72%2/11/20162/16/20163/2/2016
10/29/2015quarterlyC$0.425.22%11/10/201511/13/201511/27/2015
8/4/2015quarterlyC$0.394.92%8/13/20158/17/20158/31/2015
4/28/2015quarterlyC$0.394.51%5/13/20155/15/20155/29/2015
2/10/2015quarterlyC$0.395.03%2/19/20152/23/20153/6/2015
11/13/2014QuarterlyC$0.393.77%11/13/201411/28/201411/28/2014
7/29/2014quarterlyC$0.353.57%8/13/20148/15/20148/29/2014
5/13/2014QuarterlyC$0.353.64%5/13/20145/30/20145/30/2014
2/4/2014quarterlyC$0.354.14%2/12/20142/14/20142/28/2014
10/29/2013C$0.3411/13/201311/15/201311/29/2013
10/29/2013quarterlyC$0.3511/15/201311/29/2013
7/31/2013quarterlyC$0.328/15/20138/30/2013
4/30/2013quarterlyC$0.325/15/20135/31/2013
4/8/2013quarterlyC$0.322/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Genworth MI Canada (TSE:MIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/15/2017Winsor James MacdonellInsiderSell8,900C$37.42C$333,038.00
2/10/2017Brian Michael KellyDirectorSell1,295C$37.45C$48,497.75
2/3/2017Craig SweeneyInsiderSell487C$33.24C$16,187.88
2/22/2016Stuart Kendrick LevingsDirectorBuy490C$26.32C$12,898.76
12/8/2015Robert John PiroliInsiderSell261C$27.58C$7,198.38
6/4/2015Brian Leo HurleyDirectorSell4,900C$34.82C$170,618.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Genworth MI Canada (TSE:MIC)
DateHeadline
theglobeandmail.com logoThis dividend stock is on the move as a bullish ‘golden cross’ emerges (TSE:MIC)
www.theglobeandmail.com - February 16 at 6:07 PM
nasdaq.com logoMIC's Strong Dividend History Helps Get It To The Top 25 (TSE:MIC)
www.nasdaq.com - February 16 at 6:07 PM
baystreet.ca logoGenworth MI Canada: A Cheap Stock With Potential Risk (TSE:MIC)
www.baystreet.ca - February 16 at 6:07 PM
News IconTrading Review: Technical Survey on Shares of Genworth MI Canada Inc. (MIC.TO) - Benton Bulletin (TSE:MIC)
bentonbulletin.com - February 15 at 1:09 AM
4-traders.com logoGENWORTH MI CANADA INC : ex-dividend day (TSE:MIC)
www.4-traders.com - February 14 at 8:07 PM
capitalcube.com logoETFs with exposure to Genworth MI Canada, Inc. : February 14, 2017 (TSE:MIC)
www.capitalcube.com - February 14 at 8:07 PM
capitalcube.com logoGenworth MI Canada, Inc. :MIC-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 13, 2017 (TSE:MIC)
www.capitalcube.com - February 13 at 10:21 AM
News IconGenworth MI Canada Inc (TSX:MIC): Ex-dividend is coming in 4 days, should you buy? (TSE:MIC)
simplywall.st - February 10 at 5:32 AM
finance.yahoo.com logoGenworth MI Canada Inc. Announces Common Dividend in the First Quarter 2017 (TSE:MIC)
ca.finance.yahoo.com - February 9 at 12:25 AM
finance.yahoo.com logoEdited Transcript of MIC.TO earnings conference call or presentation 8-Feb-17 3:00pm GMT (TSE:MIC)
finance.yahoo.com - February 9 at 12:25 AM
newswire.ca logoGenworth MI Canada Inc. Reports Fourth Quarter and Full Year 2016 Results (TSE:MIC)
www.newswire.ca - February 8 at 7:24 PM
reuters.com logoBRIEF-Genworth MI Canada reports Q4 and full year 2016 results (TSE:MIC)
www.reuters.com - February 8 at 7:24 PM
News IconCanada stocks highеr at clоsе оf tradе; S&P/TSX Cоmpоsitе up 0.36% (TSE:MIC)
newscame.com - February 8 at 7:24 PM
News IconGenworth MI Canada Inc. Reports Fourth Quarter and Full Year 2016 Results - Satellite PR News (press release) (TSE:MIC)
www.satprnews.com - February 8 at 12:52 AM
nasdaq.com logoGenworth MI Canada Profit Advances 11% In Q4 (TSE:MIC)
www.nasdaq.com - February 7 at 7:50 PM
theglobeandmail.com logoTuesday's TSX breakouts: A stock with a reliable 5% yield paid in US dollars - The Globe and Mail (TSE:MIC)
www.theglobeandmail.com - February 7 at 7:50 PM
newswire.ca logoGenworth MI Canada Inc. Announces Common Dividend in the First Quarter 2017 - Canada NewsWire (press release) (TSE:MIC)
www.newswire.ca - February 7 at 7:50 PM
finance.yahoo.com logoGenworth MI Canada Inc. Announces Appointment of Neil Parkinson as a Director (TSE:MIC)
finance.yahoo.com - February 7 at 7:50 PM
biz.yahoo.com logoQ4 2016 Genworth MI Canada Inc Earnings Release - After Market Close (TSE:MIC)
biz.yahoo.com - February 7 at 7:11 AM
News IconIs There Momentum to Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - February 6 at 6:39 PM
baystreet.ca logoCanada Views Jobs Numbers Next Week - Baystreet.ca (TSE:MIC)
www.baystreet.ca - February 4 at 12:17 AM
News IconWilliams %R Check on Shares of Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - February 4 at 12:17 AM
fool.ca logoAre You Looking at Dividends All Wrong? (TSE:MIC)
www.fool.ca - February 3 at 7:15 PM
News IconStock Focus: Watching RSI Levels on Shares of Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - February 2 at 7:22 PM
News IconInvestor Chatter: Tracking Technical Indicators for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - February 2 at 12:28 AM
newswire.ca logoGenworth Canada: Finance Committee Submission Canadian Real Estate Market and Home Ownership - Canada NewsWire (press release) (TSE:MIC)
www.newswire.ca - February 1 at 12:28 AM
News IconCCI, MA, and RSI in Focus for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - February 1 at 12:28 AM
News IconLooking at the Gauges on Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - February 1 at 12:28 AM
newswire.ca logoGenworth Canada : Présentation au Comité des Finances, Marché immobilier canadien et Accession à la propriété - CNW Telbec (Communiqué de presse) (TSE:MIC)
www.newswire.ca - January 30 at 7:15 PM
News IconGenworth Canada: Finance Committee Submission Canadian Real Estate Market and Home Ownership - The Province (TSE:MIC)
www.theprovince.com - January 30 at 7:15 PM
finance.yahoo.com logoGenworth Canada: Finance Committee Submission Canadian Real Estate Market and Home Ownership (TSE:MIC)
finance.yahoo.com - January 30 at 7:15 PM
News IconCCI, MA, and RSI in Focus for Genworth MI Canada Inc. (MIC.TO) - Sherwood Daily (TSE:MIC)
sherwooddaily.com - January 30 at 9:43 AM
capitalcube.com logoGenworth MI Canada, Inc. breached its 50 day moving average in a Bullish Manner : MIC-CA : January 30, 2017 (TSE:MIC)
www.capitalcube.com - January 30 at 9:43 AM
News IconIndicator Level Review for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 28 at 12:05 AM
finance.yahoo.com logoGenworth MI Canada Inc. Schedules Fourth Quarter 2016 Earnings Conference Call for February 8th, 201 … (TSE:MIC)
finance.yahoo.com - January 27 at 2:31 AM
News IconADX in View on Shares of Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 26 at 9:30 PM
finance.yahoo.com logoGenworth MI Canada Inc. Schedules Fourth Quarter 2016 Earnings Conference Call for February 8th, 2017 (TSE:MIC)
finance.yahoo.com - January 26 at 9:30 PM
News IconRSI Update on Shares of Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 25 at 7:58 PM
News IconTechnicals in Focus for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 25 at 7:58 PM
News IconWilliams %R, RSI, and ADX Update for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 23 at 10:11 AM
News IconLooking at Moving Averages for Genworth MI Canada Inc. (MIC.TO ... - Rives Journal (TSE:MIC)
rivesjournal.com - January 21 at 11:24 PM
News IconCan Genworth MI Canada Inc's Tomorrow be Different? The Stock Just Gapped Up - Fair Herald (TSE:MIC)
fairherald.com - January 19 at 8:37 PM
News IconTechnical Level Spotcheck on Shares of Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 19 at 8:37 PM
News IconStock Watch: Indicators in View for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 18 at 7:03 PM
capitalcube.com logoGenworth MI Canada, Inc. breached its 50 day moving average in a Bearish Manner : MIC-CA : January 18, 2017 (TSE:MIC)
www.capitalcube.com - January 18 at 7:03 PM
News IconCMHC to raise mortgage insurance premiums for new homebuyers (TSE:MIC)
viveremilano.biz - January 17 at 11:53 PM
News IconChecking in on Signals for Genworth MI Canada Inc. (MIC.TO) - Rives Journal (TSE:MIC)
rivesjournal.com - January 17 at 11:53 PM
bloomberg.com logoCanada’s Housing Agency Boosts Mortgage Premiums Again (TSE:MIC)
www.bloomberg.com - January 17 at 6:53 PM
4-traders.com logoGenworth MI Canada : Canada Announces New Mortgage Insurance Premium Rates (TSE:MIC)
www.4-traders.com - January 17 at 6:53 PM
finance.yahoo.com logoGenworth Canada Announces New Mortgage Insurance Premium Rates (TSE:MIC)
finance.yahoo.com - January 17 at 6:53 PM

Social

What is Genworth MI Canada's stock symbol?

Genworth MI Canada trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MIC."

How often does Genworth MI Canada pay dividends? What is the dividend yield for Genworth MI Canada?

Genworth MI Canada announced a quarterly dividend on Tuesday, February 7th. Shareholders of record on Monday, February 20th will be paid a dividend of 0.44 per share on Wednesday, March 8th. This represents a $1.76 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend is Wednesday, February 15th.

Where is Genworth MI Canada's stock going? Where will Genworth MI Canada's stock price be in 2017?

6 equities research analysts have issued 12-month price objectives for Genworth MI Canada's stock. Their predictions range from C$32.00 to C$43.00. On average, they expect Genworth MI Canada's share price to reach C$37.50 in the next twelve months.

When will Genworth MI Canada announce their earnings?

Genworth MI Canada is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

How do I buy Genworth MI Canada stock?

Shares of Genworth MI Canada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Genworth MI Canada stock cost?

One share of Genworth MI Canada stock can currently be purchased for approximately C$37.44.

Genworth MI Canada (TSE:MIC) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Genworth MI Canada (TSE:MIC)

Earnings History Chart

Earnings by Quarter for Genworth MI Canada (TSE:MIC)

Dividend History Chart

Dividend Payments by Quarter for Genworth MI Canada (TSE:MIC)

Last Updated on 2/19/2017 by MarketBeat.com Staff