About Genworth MI Canada (TSE:MIC)
Genworth 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/
- Market Cap: C$3.64 billion
- Outstanding Shares: 91,947,000
- 50 Day Moving Avg: C$37.36
- 200 Day Moving Avg: C$35.41
- 52 Week Range: C$27.39 - C$40.00
Sales & Book Value:
- Trailing P/E Ratio: 7.36
- P/E Growth: 16.50
- Annual Revenue: C$925.32 million
- Price / Sales: 3.93
- Book Value: C$41.79 per share
- Price / Book: 0.95
- EBITDA: C$695.02 million
- Net Margins: 75.09%
- Return on Equity: 15.80%
- Return on Assets: 8.98%
- 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?
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?
Some companies that are related to Genworth MI Canada include Schroders plc (SDRC), Industrial Alliance Insur. & Fin. Ser. (IAG), First Capital Realty (FCR), Norbord (OSB), Tmx Group Limited (X), FirstService Corp (FSV), Man Group Plc (EMG), Canadian Western Bank (CWB), Morguard Corp (MRC), CV Holdings (CBF), Laurentian Bank of Canada (LB), First National Financial Corp (FN), Tricon Capital Group (TCN), Altus Group Ltd (AIF), Fiera Capital Corp (FSZ), Home Capital Group (HCG), DREAM Unlimited Corp (DRM) and Alaris Royalty Corp. (AD).
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?
MarketBeat Community Rating for Genworth MI Canada (TSE MIC)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.
One share of Genworth MI Canada stock can currently be purchased for approximately C$39.59.
Consensus Ratings for Genworth MI Canada (TSE:MIC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Genworth MI Canada (TSE:MIC)
(Data available from 10/21/2015 forward)
|8/3/2017||Scotiabank||Boost Price Target||Sector Perform||C$37.00 -> C$39.00|
|8/3/2017||CIBC||Boost Price Target||C$43.00 -> C$45.00|
|8/3/2017||TD Securities||Boost Price Target||Buy||C$43.00 -> C$44.00|
|8/3/2017||BMO Capital Markets||Reiterated Rating||Outperform||C$43.00|
|8/2/2017||National Bank Financial||Boost Price Target||Sector Perform||C$37.00 -> C$40.00|
|8/2/2017||Royal Bank Of Canada||Boost Price Target||Sector Perform||C$38.00 -> C$40.00|
Earnings History for Genworth MI Canada (TSE:MIC)Earnings History by Quarter for Genworth MI Canada (TSE MIC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/2/2017|| || || || || || || || |
|7/29/2014||C$0.93||C$1.04||C$165.65 million||C$141.14 million||View||N/A|
|4/29/2014||C$0.90||C$0.96||C$165.00 million||C$168.73 million||View||N/A|
Earnings Estimates for Genworth MI Canada (TSE:MIC)
2017 EPS Consensus Estimate: $4.29
2018 EPS Consensus Estimate: $4.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for Genworth MI Canada (TSE MIC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Genworth MI Canada (TSE:MIC)Insider Trades by Quarter for Genworth MI Canada (TSE:MIC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/12/2017||Winsor James Macdonell||Insider||Sell||8,000||C$37.00||C$296,000.00|
|8/14/2017||Brian Leo Hurley||Director||Sell||15,100||C$35.98||C$543,298.00|
|8/9/2017||Winsor James Macdonell||Insider||Sell||8,400||C$38.00||C$319,200.00|
|8/4/2017||Brian Leo Hurley||Director||Sell||90,000||C$37.20||C$3,348,000.00|
|6/2/2017||Neil Reginald Parkinson||Director||Buy||4,800||C$31.36||C$150,528.00|
|5/18/2017||Stuart Kendrick Levings||Director||Buy||1,552||C$32.21||C$49,989.92|
|5/11/2017||Stuart Kendrick Levings||Director||Buy||1,464||C$34.17||C$50,024.88|
|3/9/2017||Philip Adrian Virgil Mayers||Insider||Sell||6,100||C$39.00||C$237,900.00|
|2/27/2017||John Logan Walker||Director||Sell||5,000||C$37.79||C$188,950.00|
|2/15/2017||Stuart Kendrick Levings||Director||Buy||244||C$37.49||C$9,147.56|
|2/15/2017||Winsor James Macdonell||Insider||Sell||8,900||C$37.42||C$333,038.00|
|2/10/2017||Brian Michael Kelly||Director||Sell||1,295||C$37.45||C$48,497.75|
|2/22/2016||Stuart Kendrick Levings||Director||Buy||490||C$26.32||C$12,898.76|
|12/8/2015||Robert John Piroli||Insider||Sell||261||C$27.58||C$7,198.38|
|6/4/2015||Brian Leo Hurley||Director||Sell||4,900||C$34.82||C$170,618.00|
Headline Trends for Genworth MI Canada (TSE:MIC)
Latest Headlines for Genworth MI Canada (TSE:MIC)
Loading headlines, please wait.
Genworth MI Canada (MIC) Chart for Saturday, October, 21, 2017