Genworth MI Canada Inc. (MIC.TO) Stock Forecast, Price & News

Genworth MI Canada Inc. (MIC.TO)'s stock was trading at C$42.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MIC shares have increased by 2.3% and is now trading at C$43.47.
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2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Genworth MI Canada Inc. (MIC.TO) in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Genworth MI Canada Inc. (MIC.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MIC, but not buy additional shares or sell existing shares.
View analyst ratings for Genworth MI Canada Inc. (MIC.TO) or view MarketBeat's top 5 stock picks.

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Genworth MI Canada Inc. (MIC.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Genworth MI Canada Inc. (MIC.TO).

Genworth MI Canada Inc. (MIC.TO) (TSE:MIC) released its quarterly earnings results on Monday, November, 2nd. The company reported $1.38 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.07 by $0.31. The business had revenue of $173.07 million for the quarter, compared to analyst estimates of $173 million.
View Genworth MI Canada Inc. (MIC.TO)'s earnings history.

Genworth MI Canada Inc. (MIC.TO) announced a quarterly dividend on Friday, November 13th. Shareholders of record on Monday, November 30th will be given a dividend of 0.54 per share on Monday, November 30th. This represents a $2.16 annualized dividend and a yield of 4.97%. The ex-dividend date is Friday, November 13th.
View Genworth MI Canada Inc. (MIC.TO)'s dividend history.

Genworth MI Canada Inc. (MIC.TO) pays an annual dividend of C$2.16 per share and currently has a dividend yield of 4.97%. MIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Genworth MI Canada Inc. (MIC.TO) is 44.74%. This payout ratio is at a healthy, sustainable level, below 75%.
View Genworth MI Canada Inc. (MIC.TO)'s dividend history.

2 analysts have issued 12-month price targets for Genworth MI Canada Inc. (MIC.TO)'s stock. Their forecasts range from C$33.00 to C$43.50. On average, they expect Genworth MI Canada Inc. (MIC.TO)'s stock price to reach C$41.40 in the next twelve months. This suggests that the stock has a possible downside of 4.8%.
View analysts' price targets for Genworth MI Canada Inc. (MIC.TO) or view Wall Street analyst' top-rated stocks.

Some companies that are related to Genworth MI Canada Inc. (MIC.TO) include Principal Financial Group (PFG), Unum Group (UNM), CNO Financial Group (CNO), Triple-S Management (GTS), Citizens Financial (CFIN) and nib holdings limited (NHF.AX) (NHF).
View all of MIC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Genworth MI Canada Inc. (MIC.TO) investors own include Sun Life Financial Inc. (SLF.TO) (slf), Bank of Montreal (BMO.TO) (BMO), The Toronto-Dominion Bank (TD.TO) (TD), Royal Bank of Canada (RY.TO) (RY), Suncor Energy Inc. (SU.TO) (SU), The Bank of Nova Scotia (BNS.TO) (BNS), Enbridge Inc. (ENB.TO) (ENB), Canadian National Railway Company (CNR.TO) (CNR), Great-West Lifeco Inc. (GWO.TO) (GWO) and Power Co. of Canada (POW.TO) (POW).

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

Shares of MIC and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

One share of MIC stock can currently be purchased for approximately C$43.47.

Genworth MI Canada Inc. (MIC.TO) has a market capitalization of C$3.75 billion and generates C$932.32 million in revenue each year. Genworth MI Canada Inc. (MIC.TO) employs 260 workers across the globe.

The official website for Genworth MI Canada Inc. (MIC.TO) is genworth.ca.

Genworth MI Canada Inc. (MIC.TO)'s mailing address is 2060 Winston Park Dr Suite 300, OAKVILLE, ON L6H 5R7, Canada. The company can be reached via phone at +1-905-2875300.