About Genworth MI Canada (TSE:MIC)
Genworth MI Canada Inc., through its subsidiaries, operates as a private residential mortgage insurer in Canada. It provides mortgage default insurance to residential mortgage homebuyers, lenders, brokers, and realtors. The company was founded in 1995 and is based in Oakville, Canada. Genworth MI Canada Inc. is a subsidiary of Genworth Financial Inc.
Industry, Sector and Symbol
Industry Accident & Health Insurance
Sub-IndustryN/A
SectorFinance
SymbolTSE:MIC
CUSIPN/A
Phone+1-905-2875300
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins70.53%
Return on Equity13.53%
Return on Assets7.70%
Miscellaneous
EmployeesN/A
Outstanding Shares90,942,000
Genworth MI Canada (TSE:MIC) Frequently Asked Questions
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 Tuesday, February 6th. Shareholders of record on Tuesday, February 20th will be given a dividend of 0.47 per share on Wednesday, March 7th. This represents a $1.88 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Thursday, February 15th. This is a boost from Genworth MI Canada's previous quarterly dividend of $0.44. View Genworth MI Canada's Dividend History.
How were Genworth MI Canada's earnings last quarter?
Genworth MI Canada Inc. (TSE:MIC) posted its quarterly earnings data on Tuesday, February, 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.20 by $0.13. The business earned $235 million during the quarter, compared to analysts' expectations of $196.80 million. Genworth MI Canada had a return on equity of 13.53% and a net margin of 70.53%. View Genworth MI Canada's Earnings History.
When is Genworth MI Canada's next earnings date?
What price target have analysts set for MIC?
6 brokerages have issued 1 year price targets for Genworth MI Canada's stock. Their predictions range from C$42.00 to C$50.00. On average, they anticipate Genworth MI Canada's share price to reach C$46.50 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 Sun Communities (SUI), AGNC Investment (AGNC), Brown & Brown (BRO), Invitation Homes (INVH), Banco Macro (BMA), Kilroy Realty (KRC), Lazard (LAZ), Ares Capital (ARCC), Virtu Financial (VIRT), Vici Properties (VICI), CIT Group (CIT), Eaton Vance (EV), Commerce Bancshares (CBSH), W. P. Carey (WPC), VEREIT (VER), Cullen/Frost Bankers (CFR), BOK Financial (BOKF) and Old Republic International (ORI).
Who are Genworth MI Canada's key executives?
Genworth MI Canada's management team includes the folowing people:
- Mr. Stuart Levings, Chief Exec. Officer, Pres and Director (Age 45)
- Mr. Philip Mayers, CFO and Sr. VP
- Mr. Winsor Macdonell, Sr. VP, Gen. Counsel and Sec.
- Ms. Deborah McPherson, Sr. VP of Sales and Marketing
- Mr. Michel Cubric, Sr. VP of Operations
Has Genworth MI Canada been receiving favorable news coverage?
News articles about MIC stock have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genworth MI Canada earned a media sentiment score of 0.19 on Accern's scale. They also assigned press coverage about the company an impact score of 46.63 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of Genworth MI Canada?
Shares of MIC 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 MIC stock can currently be purchased for approximately C$39.48.
How big of a company is Genworth MI Canada?
Genworth MI Canada has a market capitalization of C$3.71 billion.
How can I contact Genworth MI Canada?
Genworth MI Canada'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.
MarketBeat Community Rating for Genworth MI Canada (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 MIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Genworth MI Canada (TSE:MIC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Genworth MI Canada in the last 12 months. Their average twelve-month price target is C$46.50, suggesting that the stock has a possible upside of 17.78%. The high price target for MIC is C$50.00 and the low price target for MIC is C$42.00. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Buy |
| Consensus Rating Score: | 2.17 | 2.17 | 2.17 | 2.50 |
| Ratings Breakdown: | 1 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | C$46.50 | C$46.50 | C$44.67 | C$41.83 |
| Price Target Upside: | 17.78% upside | 10.32% upside | 0.83% upside | 11.62% upside |
Genworth MI Canada (TSE:MIC) Consensus Price Target History
Genworth MI Canada (TSE:MIC) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Details |
|---|
| 2/8/2018 | Scotiabank | Boost Price Target | Sector Perform | C$44.00 -> C$46.00 |  |
| 2/8/2018 | BMO Capital Markets | Boost Price Target | Outperform | C$48.00 -> C$50.00 | |
| 2/7/2018 | National Bank Financial | Boost Price Target | Outperform | C$48.00 -> C$49.00 | |
| 2/7/2018 | Royal Bank of Canada | Boost Price Target | Underperform | C$41.00 -> C$42.00 | |
| 12/7/2017 | TD Securities | Downgrade | Buy -> Hold | C$45.00 -> C$46.00 | |
| 11/6/2017 | CIBC | Downgrade | Outperform -> Neutral | C$45.00 -> C$46.00 | |
(Data available from 4/21/2016 forward)
Genworth MI Canada (TSE:MIC) Dividend Information
Genworth MI Canada pays an annual dividend of C$1.79 per share, with a dividend yield of 4.53%. MIC's most recent quarterly dividend payment was Wednesday, March 7.
| Most Recent Dividend: | 3/7/2018 |
| Annual Dividend: | $1.79 |
| Dividend Yield: | 4.53% |
| Payout Ratio: | N/A |
Genworth MI Canada (TSE:MIC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/6/2018 | quarterly | $0.47 | 4.59% | 2/15/2018 | 2/20/2018 | 3/7/2018 |
| 11/14/2017 | Quarterly | $0.44 | 4.1% | 11/14/2017 | 11/30/2017 | 11/30/2017 |
| 8/11/2017 | Quarterly | $0.44 | 4.7% | 8/11/2017 | 8/30/2017 | 8/30/2017 |
| 5/2/2017 | quarterly | $0.44 | 5.15% | 5/10/2017 | 5/12/2017 | 5/30/2017 |
| 2/7/2017 | quarterly | $0.44 | 4.77% | 2/15/2017 | 2/20/2017 | 3/8/2017 |
| 11/3/2016 | quarterly | $0.44 | 6.25% | 11/14/2016 | 11/16/2016 | 11/25/2016 |
| 8/2/2016 | quarterly | $0.42 | 4.86% | 8/10/2016 | 8/12/2016 | 8/26/2016 |
| 4/28/2016 | quarterly | $0.42 | 5.17% | 5/11/2016 | 5/13/2016 | 5/27/2016 |
| 2/4/2016 | quarterly | $0.42 | 6.72% | 2/11/2016 | 2/16/2016 | 3/2/2016 |
| 10/29/2015 | quarterly | $0.42 | 5.22% | 11/10/2015 | 11/13/2015 | 11/27/2015 |
| 8/4/2015 | quarterly | $0.39 | 4.92% | 8/13/2015 | 8/17/2015 | 8/31/2015 |
| 4/28/2015 | quarterly | $0.39 | 4.51% | 5/13/2015 | 5/15/2015 | 5/29/2015 |
| 2/10/2015 | quarterly | $0.39 | 5.03% | 2/19/2015 | 2/23/2015 | 3/6/2015 |
| 11/13/2014 | Quarterly | $0.39 | 3.77% | 11/13/2014 | 11/28/2014 | 11/28/2014 |
| 7/29/2014 | quarterly | $0.35 | 3.57% | 8/13/2014 | 8/15/2014 | 8/29/2014 |
| 5/13/2014 | Quarterly | $0.35 | 3.64% | 5/13/2014 | 5/30/2014 | 5/30/2014 |
| 2/4/2014 | quarterly | $0.35 | 4.14% | 2/12/2014 | 2/14/2014 | 2/28/2014 |
| 10/29/2013 | | $0.3351 | | 11/13/2013 | 11/15/2013 | 11/29/2013 |
| 10/29/2013 | quarterly | $0.35 | | | 11/15/2013 | 11/29/2013 |
| 7/31/2013 | quarterly | $0.32 | | | 8/15/2013 | 8/30/2013 |
| 4/30/2013 | quarterly | $0.32 | | | 5/15/2013 | 5/31/2013 |
| 4/8/2013 | quarterly | $0.32 | | | 2/15/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Genworth MI Canada (TSE MIC) Insider Trading and Institutional Ownership History
Genworth MI Canada (TSE MIC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/1/2018 | Timothy Scott Watson | Director | Sell | 338 | C$39.72 | C$13,425.36 | | |
| 2/26/2018 | Stuart Kendrick Levings | Director | Buy | 219 | C$40.06 | C$8,773.14 | | |
| 2/20/2018 | Robert John Piroli | Insider | Sell | 648 | C$40.79 | C$26,431.92 | | |
| 2/14/2018 | Brian Leo Hurley | Director | Sell | 78,700 | C$41.38 | C$3,256,606.00 | | |
| 2/9/2018 | Timothy Scott Watson | Director | Sell | 433 | C$41.63 | C$18,025.79 | | |
| 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 | Cecilia Carbonelli | Director | Sell | 1,275 | C$37.41 | C$47,697.75 | | |
| 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 | | |
| 2/3/2017 | Craig Sweeney | Insider | Sell | 487 | C$33.24 | C$16,187.88 | | |
| 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 | | |
(Data available from 1/1/2013 forward)
Genworth MI Canada (TSE MIC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Genworth MI Canada Inc. (MIC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 19 at 5:40 PM |
 | Genworth MI Canada Inc. Schedules First Quarter 2018 Earnings Conference Call for May 2nd, 2018
finance.yahoo.com - April 19 at 9:54 AM |
| Genworth MI Canada (MIC) Price Target Increased to C$40.00 by Analysts at Royal Bank of Canada
www.americanbankingnews.com - April 14 at 9:37 AM |
| Genworth MI Canada (MIC) Price Target Raised to C$40.00 at National Bank Financial
www.americanbankingnews.com - April 14 at 9:37 AM |
| TD Securities Increases Genworth MI Canada (MIC) Price Target to C$44.00
www.americanbankingnews.com - April 13 at 2:49 PM |
| Genworth MI Canada (MIC) PT Raised to C$45.00 at CIBC
www.americanbankingnews.com - April 13 at 2:49 PM |
| BMO Capital Markets Reaffirms Outperform Rating for Genworth MI Canada (MIC)
www.americanbankingnews.com - April 13 at 2:49 PM |
| Genworth MI Canada (MIC) Given New C$39.00 Price Target at Scotiabank
www.americanbankingnews.com - April 13 at 2:49 PM |
| What Value Should You Place On Genworth MI Canada Inc (TSE:MIC)?
finance.yahoo.com - April 13 at 10:23 AM |
 | 3 Dividend Superstars to Buy and Hold
www.fool.ca - March 28 at 4:06 PM |
| Genworth MI Canada Inc (MIC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 25 at 5:18 PM |
| Churn Out Income in Your TFSA: Buy These 4 Stocks
www.fool.ca - March 25 at 10:11 AM |
| Genworth MI Canada Inc (MIC) Director Timothy Scott Watson Sells 338 Shares
www.americanbankingnews.com - March 6 at 4:18 AM |
| National Meaning of Home youth writing contest raises $170,000 for Habitat for Humanity
finance.yahoo.com - March 5 at 4:39 PM |
| Did Genworth MI Canada Inc (TSE:MIC) Create Value For Shareholders?
finance.yahoo.com - March 2 at 4:41 PM |
| Genworth MI Canada Inc (MIC) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - February 28 at 7:42 PM |
 | 3 Stocks That May Be a Bargain Today
www.msn.com - February 28 at 9:48 AM |
| Genworth MI Canada Inc (MIC) Insider Robert John Piroli Sells 648 Shares
www.americanbankingnews.com - February 21 at 3:22 PM |
| Insider Selling: Genworth MI Canada Inc (MIC) Director Sells 78,700 Shares of Stock
www.americanbankingnews.com - February 16 at 9:10 PM |
| Genworth MI Canada Inc (MIC) Director Timothy Scott Watson Sells 433 Shares
www.americanbankingnews.com - February 13 at 12:40 PM |
| Genworth Financial Mortgage Insurance Pty Ltd -- Moody's confirms Genworth debt ratings and assigns negative outlook; Assigns Ba3 to new senior secured loan
finance.yahoo.com - February 13 at 8:51 AM |
| Only 3 Days Left To Cash In On Genworth MI Canada Inc (TSE:MIC) Dividend, Should You Buy?
finance.yahoo.com - February 12 at 8:50 AM |
| FY2018 EPS Estimates for Genworth MI Canada Inc Lowered by Analyst (MIC)
www.americanbankingnews.com - February 12 at 5:22 AM |
| National Bank Financial Weighs in on Genworth MI Canada Inc's Q1 2018 Earnings (MIC)
www.americanbankingnews.com - February 12 at 1:44 AM |
| Genworth MI Canada Inc Forecasted to Post Q2 2018 Earnings of $1.22 Per Share (MIC)
www.americanbankingnews.com - February 9 at 10:22 AM |
| Q1 2018 EPS Estimates for Genworth MI Canada Inc Raised by Analyst (MIC)
www.americanbankingnews.com - February 9 at 8:30 AM |
| Why Genworth MI Canada Inc. Rallied 3.21% on Wednesday
www.fool.ca - February 8 at 4:38 PM |
| Genworth MI Canada (MIC) PT Raised to C$46.00 at Scotiabank
www.americanbankingnews.com - February 8 at 3:50 PM |
| BMO Capital Markets Boosts Genworth MI Canada (MIC) Price Target to C$50.00
www.americanbankingnews.com - February 8 at 3:50 PM |
| Genworth MI Canada (MIC) PT Raised to C$49.00
www.americanbankingnews.com - February 7 at 2:52 PM |
| Royal Bank of Canada Raises Genworth MI Canada (MIC) Price Target to C$42.00
www.americanbankingnews.com - February 7 at 2:52 PM |
| Genworth MI Canada Inc. Announces Common Dividend in the First Quarter 2018
finance.yahoo.com - February 7 at 8:57 AM |
| Genworth MI Canada Inc. Reports Fourth Quarter And Full Year 2017 Results Including Net Operating Income of $467 Million
finance.yahoo.com - February 7 at 8:57 AM |
| Genworth MI Canada Inc (MIC) to Issue Dividend Increase - $0.47 Per Share
www.americanbankingnews.com - February 6 at 6:48 PM |
| Genworth MI Canada Inc (MIC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - February 3 at 7:54 PM |
| Genworth MI Canada (MIC) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - January 30 at 5:26 AM |
| Genworth MI Canada Inc. Schedules Fourth Quarter 2017 Earnings Conference Call for February 7th, 2018
finance.yahoo.com - January 24 at 9:15 AM |
| Attractive Price Multiples for These 3 Stocks: Value Invest Like Warren Buffett
www.fool.ca - January 18 at 4:22 PM |
| Canadian Exchanges Stock Scanner, Power Corp of Canada, Sun Life Financial, Genworth MI Canada, and Industrial Alliance Insurance and Financial Services
finance.yahoo.com - January 3 at 9:22 AM |
| Financial Dividend Stocks That Will Add Value To Your Portfolio
finance.yahoo.com - December 28 at 4:25 PM |
| Genworth MI Canada Inc (TSE:MIC) Is Trading At A 14% Discount To Its Intrinsic Value
finance.yahoo.com - December 21 at 4:53 PM |
| Genworth MI Canada Inc (MIC) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - December 15 at 5:26 PM |
| ETFs with exposure to Genworth MI Canada, Inc. : December 8, 2017
finance.yahoo.com - December 8 at 4:46 PM |
| National Bank Financial Comments on Genworth MI Canada Inc's FY2017 Earnings (MIC)
www.americanbankingnews.com - December 8 at 6:16 AM |
| National Bank Financial Raises Genworth MI Canada (MIC) Price Target to C$48.00
www.americanbankingnews.com - December 7 at 2:54 PM |
| Genworth MI Canada (MIC) Cut to Hold at TD Securities
www.americanbankingnews.com - December 7 at 2:52 PM |
| Genworth MI Canada Inc (MIC) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - November 20 at 5:44 PM |
| Genworth MI Canada, Inc. : MIC-CA: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 15 at 6:21 AM |
| ETFs with exposure to Genworth MI Canada, Inc. : November 13, 2017
finance.yahoo.com - November 13 at 4:41 PM |
| 3 Days Left To Cash In On Genworth MI Canada Inc (TSX:MIC) Dividend, Is It Worth Buying?
finance.yahoo.com - November 12 at 6:47 AM |
Genworth MI Canada (TSE:MIC) SEC Filings
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Genworth MI Canada (TSE MIC) Stock Chart for Saturday, April, 21, 2018
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