TSE:MICGenworth MI Canada Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Genworth MI Canada Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$31.66 +0.75 (+2.43 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's RangeC$30.81Now: C$31.66▼C$32.1150-Day RangeC$27.79MA: C$31.23▼C$35.1652-Week RangeC$24.02Now: C$31.66▼C$61.39Volume184,484 shsAverage Volume257,625 shsMarket CapitalizationC$2.77 billionP/E Ratio6.59Dividend Yield6.99%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media 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 headquartered in Oakville, Canada.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingGenworth MI Canada has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$47.50, Genworth MI Canada has a potential upside of 50.0% from its current price of C$31.66.Amount of Analyst CoverageGenworth MI Canada has only been the subject of 2 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGenworth MI Canada has received 357 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGenworth MI Canada has received 501 “underperform” votes. (Add your “underperform” vote.)Community SentimentGenworth MI Canada has received 58.39% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipGenworth MI Canada is a leading dividend payer. It pays a dividend yield of 6.99%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGenworth MI Canada does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Genworth MI Canada is 43.70 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Genworth MI Canada insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$120,100.00 in company stock and sold C$0.00 in company stock. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Genworth MI Canada are expected to decrease by -100.00% in the coming year, from C$4.55 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Genworth MI Canada is 6.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Genworth MI Canada is 6.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.Price to Earnings Growth RatioGenworth MI Canada has a PEG Ratio of 14.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGenworth MI Canada has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.54 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Accident & Health Insurance Sub-IndustryN/A SectorFinance Current SymbolTSE:MIC Previous Symbol CUSIPN/A CIKN/A Webgenworth.ca Phone+1-905-2875300Debt Debt-to-Equity Ratio21.82 Current Ratio0.28 Quick Ratio0.22Price-To-Earnings Trailing P/E Ratio6.59 Forward P/E Ratio6.96 P/E Growth14.48 Sales & Book Value Annual SalesC$937.52 million Price / Sales2.96 Cash FlowC$4.59 per share Price / Cash Flow6.90 Book ValueC$39.70 per share Price / Book0.80Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees260 Outstanding Shares87,599,000Market CapC$2.77 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable TSX:MIC Rates by TradingView Receive MIC News and Ratings via Email Sign-up to receive the latest news and ratings for MIC and its competitors with MarketBeat's FREE daily newsletter. Genworth MI Canada (TSE:MIC) Frequently Asked Questions How has Genworth MI Canada's stock been impacted by COVID-19 (Coronavirus)? Genworth MI Canada'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 stock has decreased by 25.5% and is now trading at C$31.66. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Genworth MI Canada? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genworth MI Canada in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Genworth MI Canada. When is Genworth MI Canada's next earnings date? Genworth MI Canada is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Genworth MI Canada. How were Genworth MI Canada's earnings last quarter? Genworth MI Canada Inc (TSE:MIC) posted its quarterly earnings results on Tuesday, May, 5th. The company reported $1.35 earnings per share for the quarter. The business had revenue of $170.87 million for the quarter. View Genworth MI Canada's earnings history. 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 Monday, May 18th. Stockholders of record on Wednesday, June 3rd will be given a dividend of 0.54 per share on Wednesday, June 3rd. This represents a $2.16 dividend on an annualized basis and a dividend yield of 6.82%. The ex-dividend date is Monday, May 18th. View Genworth MI Canada's dividend history. What price target have analysts set for MIC? 5 brokerages have issued twelve-month target prices for Genworth MI Canada's shares. Their forecasts range from C$33.00 to C$62.00. On average, they anticipate Genworth MI Canada's share price to reach C$47.50 in the next twelve months. This suggests a possible upside of 50.0% from the stock's current price. View analysts' price targets for Genworth MI Canada. Has Genworth MI Canada been receiving favorable news coverage? Media coverage about MIC stock has trended extremely positive on Monday, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Genworth MI Canada earned a daily sentiment score of 5.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutGenworth MI Canada. Who are some of Genworth MI Canada's key competitors? Some companies that are related to Genworth MI Canada include Assurant (AIZ), Unum Group (UNM), NIB (NHF), CNO Financial Group (CNO), Triple-S Management (GTS) and Citizens Financial (CFIN). View all competitors. What other stocks do shareholders of Genworth MI Canada own? Based on aggregate information from My MarketBeat watchlists, some companies that other Genworth MI Canada investors own include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Sun Life Financial (slf), Bank of Montreal (BMO), Bank of Nova Scotia (BNS), Air Canada (AC), Inter Pipeline (IPL), Magna International (MG) and National Bank of Canada (NA). Who are Genworth MI Canada's key executives? Genworth MI Canada's management team includes the following people: Mr. Stuart Levings, Pres, CEO & Director (Age 46)Mr. Philip Mayers, Sr. VP & CFOMr. Winsor Macdonell, Sr. VP, Gen. Counsel & Sec.Ms. Deborah McPherson, Sr. VP of Sales & MarketingMs. Mary-Jo Hewat, Sr. VP of HR What is Genworth MI Canada's stock symbol? Genworth MI Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MIC." 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$31.66. How big of a company is Genworth MI Canada? Genworth MI Canada has a market capitalization of C$2.77 billion and generates C$937.52 million in revenue each year. Genworth MI Canada employs 260 workers across the globe. What is Genworth MI Canada's official website? The official website for Genworth MI Canada is genworth.ca. 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. This page was last updated on 6/1/2020 by MarketBeat.com Staff
