Genworth MI Canada Company Profile (TSE:MIC)

About Genworth MI Canada (TSE:MIC)

Genworth MI Canada logoGenworth MI Canada Inc., through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada. The Company offers both transactional and portfolio mortgage insurance. Its transactional mortgage insurance covers default risk on mortgage loans secured by residential properties to protect lenders from any resulting losses on claims. It also provides portfolio mortgage insurance to lenders for loans with loan-to-value ratios of 80% or less. Under mortgage insurance, it serves originators of residential mortgage loans, such as banks, mortgage loan and trust companies, and credit unions. It works with lenders, mortgage brokers and real estate agents across Canada to make homeownership accessible for first-time homebuyers.

Industry, Sector and Symbol:
  • Sector: Financial
  • Industry: Accident & Health Insurance
  • Sub-Industry: N/A
  • Symbol: TSE:MIC
  • CUSIP: N/A
  • Web: genworth.ca/
Capitalization:
  • Market Cap: C$3.64 billion
  • Outstanding Shares: 91,947,000
Average Prices:
  • 50 Day Moving Avg: C$37.36
  • 200 Day Moving Avg: C$35.41
  • 52 Week Range: C$27.39 - C$40.00
P/E:
  • Trailing P/E Ratio: 7.36
  • P/E Growth: 16.50
Sales & Book Value:
  • Annual Revenue: C$925.32 million
  • Price / Sales: 3.93
  • Book Value: C$41.79 per share
  • Price / Book: 0.95
Dividend:
  • Dividend Yield: 4.9%
Profitability:
  • EBITDA: C$695.02 million
  • Net Margins: 75.09%
  • Return on Equity: 15.80%
  • Return on Assets: 8.98%
Misc:
  • Average Volume: 185,321 shs.
  • Short Ratio: 11.25
 

Frequently Asked Questions for Genworth MI Canada (TSE:MIC)

What is Genworth MI Canada's stock symbol?

Genworth MI Canada trades on the Toronto 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 declared a quarterly dividend on Friday, August 11th. Investors of record on Wednesday, August 30th will be paid a dividend of 0.44 per share on Wednesday, August 30th. This represents a $1.76 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date of this dividend is Friday, August 11th. View Genworth MI Canada's Dividend History.

When will Genworth MI Canada make its next earnings announcement?

Genworth MI Canada is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Genworth MI Canada.

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

6 analysts have issued 12-month price objectives for Genworth MI Canada's shares. Their predictions range from C$39.00 to C$45.00. On average, they expect Genworth MI Canada's share price to reach C$41.83 in the next twelve months. View Analyst Ratings for Genworth MI Canada.

Who are some of Genworth MI Canada's key competitors?

Who are Genworth MI Canada's key executives?

Genworth MI Canada's management team includes the folowing people:

  • Stuart Levings, President, Chief Executive Officer, Non-Independent Director
  • Philip Mayers, Chief Financial Officer, Senior Vice President
  • Craig Sweeney, Senior Vice President, Chief Risk Officer
  • Winsor J. Macdonell, Senior Vice President, General Counsel, Secretary
  • Deborah McPherson, Senior Vice President - Sales and Marketing
  • Mary-Jo Hewat, Senior Vice President - Human Resources
  • Brian L. Hurley, Executive Chairman of the Board
  • Sidney M. Horn, Lead Independent Director
  • Rohit Gupta, Non-Independent Director
  • Leon E. Roday, Non-Independent Director

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.

What is Genworth MI Canada's stock price today?

One share of Genworth MI Canada stock can currently be purchased for approximately C$39.59.


MarketBeat Community Rating for Genworth MI Canada (TSE MIC)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  161 (Vote Outperform)
Underperform Votes:  299 (Vote Underperform)
Total Votes:  460
MarketBeat's community ratings are surveys of what our community members think about Genworth MI Canada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Genworth MI Canada (TSE:MIC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: C$41.83
Consensus Price Target History for Genworth MI Canada (TSE:MIC)
Price Target History for Genworth MI Canada (TSE:MIC)
Analysts' Ratings History for Genworth MI Canada (TSE:MIC)
Show:
DateFirmActionRatingPrice TargetDetails
8/3/2017ScotiabankBoost Price TargetSector PerformC$37.00 -> C$39.00View Rating Details
8/3/2017CIBCBoost Price TargetC$43.00 -> C$45.00View Rating Details
8/3/2017TD SecuritiesBoost Price TargetBuyC$43.00 -> C$44.00View Rating Details
8/3/2017BMO Capital MarketsReiterated RatingOutperformC$43.00View Rating Details
8/2/2017National Bank FinancialBoost Price TargetSector PerformC$37.00 -> C$40.00View Rating Details
8/2/2017Royal Bank Of CanadaBoost Price TargetSector PerformC$38.00 -> C$40.00View Rating Details
(Data available from 10/21/2015 forward)

Earnings

Earnings History for Genworth MI Canada (TSE:MIC)
Earnings by Quarter for Genworth MI Canada (TSE:MIC)
Earnings History by Quarter for Genworth MI Canada (TSE MIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
7/29/2014C$0.93C$1.04C$165.65 millionC$141.14 millionViewN/AView Earnings Details
4/29/2014C$0.90C$0.96C$165.00 millionC$168.73 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Genworth MI Canada (TSE:MIC)
2017 EPS Consensus Estimate: $4.29
2018 EPS Consensus Estimate: $4.34
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.03$1.11$1.07
Q2 20172$1.07$1.11$1.09
Q3 20174$0.94$1.23$1.04
Q4 20173$0.99$1.18$1.09
Q1 20181$1.09$1.09$1.09
Q2 20181$1.13$1.13$1.13
Q3 20181$1.07$1.07$1.07
Q4 20181$1.05$1.05$1.05
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Genworth MI Canada (TSE MIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/11/2017Quarterly$0.444.7%8/11/20178/30/20178/30/2017
5/2/2017quarterly$0.445.15%5/10/20175/12/20175/30/2017
2/7/2017quarterly$0.444.77%2/15/20172/20/20173/8/2017
11/3/2016quarterly$0.446.25%11/14/201611/16/201611/25/2016
8/2/2016quarterly$0.424.86%8/10/20168/12/20168/26/2016
4/28/2016quarterly$0.425.17%5/11/20165/13/20165/27/2016
2/4/2016quarterly$0.426.72%2/11/20162/16/20163/2/2016
10/29/2015quarterly$0.425.22%11/10/201511/13/201511/27/2015
8/4/2015quarterly$0.394.92%8/13/20158/17/20158/31/2015
4/28/2015quarterly$0.394.51%5/13/20155/15/20155/29/2015
2/10/2015quarterly$0.395.03%2/19/20152/23/20153/6/2015
11/13/2014Quarterly$0.393.77%11/13/201411/28/201411/28/2014
7/29/2014quarterly$0.353.57%8/13/20148/15/20148/29/2014
5/13/2014Quarterly$0.353.64%5/13/20145/30/20145/30/2014
2/4/2014quarterly$0.354.14%2/12/20142/14/20142/28/2014
10/29/2013$0.3411/13/201311/15/201311/29/2013
10/29/2013quarterly$0.3511/15/201311/29/2013
7/31/2013quarterly$0.328/15/20138/30/2013
4/30/2013quarterly$0.325/15/20135/31/2013
4/8/2013quarterly$0.322/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Genworth MI Canada (TSE:MIC)
Insider Trades by Quarter for Genworth MI Canada (TSE:MIC)
Insider Trades by Quarter for Genworth MI Canada (TSE:MIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017Winsor James MacdonellInsiderSell8,000C$37.00C$296,000.00
8/14/2017Brian Leo HurleyDirectorSell15,100C$35.98C$543,298.00
8/9/2017Cecilia CarbonelliDirectorSell1,275C$37.41C$47,697.75
8/9/2017Winsor James MacdonellInsiderSell8,400C$38.00C$319,200.00
8/4/2017Brian Leo HurleyDirectorSell90,000C$37.20C$3,348,000.00
6/2/2017Neil Reginald ParkinsonDirectorBuy4,800C$31.36C$150,528.00
5/18/2017Stuart Kendrick LevingsDirectorBuy1,552C$32.21C$49,989.92
5/11/2017Stuart Kendrick LevingsDirectorBuy1,464C$34.17C$50,024.88
3/9/2017Philip Adrian Virgil MayersInsiderSell6,100C$39.00C$237,900.00
2/27/2017John Logan WalkerDirectorSell5,000C$37.79C$188,950.00
2/15/2017Stuart Kendrick LevingsDirectorBuy244C$37.49C$9,147.56
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

Headline Trends for Genworth MI Canada (TSE:MIC)
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Genworth MI Canada (MIC) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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