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MIC.TO - Genworth MI Canada Inc.

Toronto - Toronto Delayed Price. Currency in CAD

42.59

+0.12 (+0.28%)

At close: 4:00PM EDT

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Previous Close	42.47
Open	42.53
Bid	42.55 x 0
Ask	42.58 x 0
Day's Range	42.03 - 42.60
52 Week Range	38.18 - 46.80
Volume	73,456
Avg. Volume	166,640

Market Cap	3.731B
Beta (3Y Monthly)	0.94
PE Ratio (TTM)	9.03
EPS (TTM)	4.72
Earnings Date	Jul 29, 2019 - Aug 2, 2019
Forward Dividend & Yield	2.04 (4.96%)
Ex-Dividend Date	2019-06-14
1y Target Est	49.67

All

News

Press Releases

The Motley Fool1 hour ago
TFSA Bargain Hunters: You’ve Got to Check Out This Cheap Stock
Genworth MI Canada Inc. (TSX:MIC) is one of the best stocks in Canada today. It's time to add it to your TFSA for the long haul.
The Motley Fool9 days ago
1 Reason to Trust Canada Housing in the Second Half of 2019
Canada housing continues to face challenges, but low rates should sustain the wider market and companies like Equitable Group Inc. (TSX:EQB) going forward.
Simply Wall St.12 days ago
Do You Know What Genworth MI Canada Inc.'s (TSE:MIC) P/E Ratio Means?
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
CNW Group13 days ago
Genworth MI Canada Inc. Announces Annual General Meeting Voting Results
TORONTO , June 5, 2019 /CNW/ - Genworth MI Canada Inc. (the " Company ") (TSX: MIC) announced at its annual general meeting held on June 5, 2019 the resolutions proposed in the Company's proxy ...
CNW Group13 days ago
Genworth MI Canada Inc. Announces Special Dividend
TORONTO , June 5, 2019 /CNW/ - The Board of Directors of Genworth MI Canada Inc. (the " Company ") (TSX: MIC) today announced that it has declared a special dividend of $0.40 per common share, ...
CNW Group26 days ago
Genworth MI Canada Inc. Completes Issuance of $100 Million of Unsecured Debentures due April 1, 2024 and Announces Redemption on June 26, 2019 of $100 Million of its 5.68% Debentures due June 15, 2020
TORONTO, May 23, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX:MIC.TO - News) announced today that on May 22, 2019 it completed its previously announced offering (the "Offering") of $100 million of 4.242% debentures due April 1, 2024 (the "2024 Debentures"). The Offering represents a re-opening of the Company's outstanding 2024 Debentures. The Company issued $160 million aggregate principal amount of the 2024 Debentures on April 1, 2014 and, following closing of the Offering, $260 million aggregate principal amount of the 2024 Debentures is issued and outstanding.
GlobeNewswire26 days ago
Three grand prize winners from Alberta, Manitoba and Newfoundland win Meaning of Home contest in support of Habitat for Humanity Canada
Over 8,000 Grades 4, 5 and 6 students from across Canada shared what home means to them in the annual Meaning of Home contest in support of Habitat for Humanity Canada. Each of the three grand prize winners (one from each grade) will receive a $25,000 grant to be directed to the local Habitat build of their choice. Nine runners up have won a $5,000 grant towards a local Habitat for Humanity home build.
The Motley Foollast month
Secure Your Retirement by Following This Important Investing Rule
Secure your retirement by investing in great dividend names like Bank of Montreal (TSX:BMO)(NYSE:BMO) and Genworth MI Canada Inc. (TSX:MIC).
CNW Grouplast month
Genworth MI Canada Inc. to Issue $100 Million of Additional Unsecured Debentures
TORONTO, May 16, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX:MIC.TO - News) announced today that it has agreed to issue $100 million of debentures (the "Debentures"). The Debentures will be direct, unsecured and unsubordinated obligations of the Company and will rank equally and rateably with all other unsecured and unsubordinated indebtedness of the Company. The Debentures are to be offered by a syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc. and including National Bank Financial Inc. and Casgrain & Company Limited.
CNW Grouplast month
Genworth MI Canada Inc. Announces the Successful Consent Solicitation for its 4.242% Debentures Due April 1, 2024 and Consideration of Debenture Offering
TORONTO, May 9, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX:MIC.TO - News) today announced that holders of its 4.242% debentures due April 1, 2024 (the "Debentures") have approved an amendment to the third series supplement (the "Supplemental Indenture") governing the Debentures. Holders of Debentures who validly delivered a consent form prior to the expiry time, as set out in the consent solicitation statement of the Company dated April 22, 2019 (the "Consent Solicitation Statement"), where such consent form was accepted by the Company, are eligible to receive a fee equal to $1.00 per $1,000 principal amount of Debentures.
CNW Grouplast month
Most Canadian First-Time Home Buyers Anxious They Will Miss Out Because of an Insufficient Down Payment
TORONTO, May 9, 2019 /CNW/ - A survey1 released by Genworth Canada, the country's largest private residential mortgage insurer, in collaboration with Royal LePage, Canada's leading real estate services provider, analyzed key trends among first-time home buyers who purchased a home within the last two years. Fifty-seven per cent of respondents nationwide said that before buying their home they worried they might miss out on a property they wanted because of an insufficient down payment.
Thomson Reuters StreetEventslast month
Edited Transcript of MIC.TO earnings conference call or presentation 1-May-19 2:30pm GMT
Q1 2019 Genworth MI Canada Inc Earnings Call
Simply Wall St.last month
2 Days Left Before Genworth MI Canada Inc. (TSE:MIC) Will Be Trading Ex-Dividend
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Have you been keeping an eye on Genworth MI Canada Inc.'s (TSE:MIC) upcoming dividend of CA$0.51 per...
The Motley Foollast month
2 Cheap Financial Stocks Trading at a Discount to Book Value
These two financial stocks, including Genworth MI Canada (TSX:MIC), are trading at cheap valuations and offer investors growth and income.
CNW Group2 months ago
Genworth MI Canada Inc. Announces Acceptance by TSX of Normal Course Issuer Bid
TORONTO, April 30, 2019 /CNW/ - Genworth MI Canada Inc. ("Genworth Canada", or the "Company") (TSX:MIC.TO - News) announced today acceptance by the Toronto Stock Exchange (the "TSX") of the Company's Notice of Intention to Make a Normal Course Issuer Bid ("NCIB"). Pursuant to the NCIB, Genworth Canada may, if considered advisable, purchase through the facilities of the TSX and/or alternative trading systems, from time to time over the next 12 months, up to an aggregate of 4,379,933 of its issued and outstanding common shares (the "Common Shares"), being 5% of the Common Shares outstanding as of April 26, 2019.
CNW Group2 months ago
Genworth MI Canada Inc. Announces Common Dividend in the Second Quarter of 2019
TORONTO , April 30, 2019 /CNW/ - The Board of Directors of Genworth MI Canada Inc. (the " Company ") (TSX: MIC) today announced that it has authorized and declared a dividend of $0.51 per common ...
CNW Group2 months ago
Genworth MI Canada Inc. Reports First Quarter 2019 Results Including Net Operating Income of $119 Million
TORONTO, April 30, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX:MIC.TO - News) today reported first quarter 2019 net income of $97 million, earnings per fully diluted common share of $1.10, net operating income of $119 million, operating earnings per fully diluted common share of $1.35 and an operating return on equity of 12%. First quarter transactional premiums written were seasonally lower compared to the prior quarter, and also lower year-over-year, primarily due to the carry-over impact in the first quarter of 2018 from higher mortgage insurance commitment volumes from the fourth quarter of 2017 associated with increased demand ahead of regulatory changes. New insurance written from transactional insurance was $2.9 billion, a decrease of $0.3 billion, or 8%, compared to the same quarter in the prior year, primarily due to the carry-over impact in the first quarter of 2018 from higher mortgage insurance commitment volumes from the fourth quarter of 2017 associated with increased demand ahead of regulatory changes.
The Motley Fool2 months ago
2 Top Dividend Stocks With Yields Over 4.5%
Genworth MI Canada Inc. (TSX:MIC) and Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) both boasts dividend yields that exceed 4.5%.
CNW Group2 months ago
Genworth MI Canada Inc. Announces the Commencement of Consent Solicitation for its 4.242% Debentures Due April 1, 2024
Holders of Debentures who validly deliver a consent form prior to the expiry of the Consent Solicitation may be eligible to receive a fee equal to $1.00 per $1,000 principal amount of Debentures. Consent Forms are due at 5:00 p.m. (Eastern Time) on May 8, 2019, unless extended or terminated by the Company. TORONTO, April 22, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX:MIC.TO - News) today announced that it has commenced a solicitation of consents (the "Consent Solicitation") to amend the third series supplement (the "Supplemental Indenture") dated April 1, 2014 to the trust indenture (the "Base Indenture" and, together with the Supplemental Indenture, the "Indenture") dated June 29, 2010 between the Company and BNY Trust Company of Canada, as trustee (the "Trustee").
CNW Group2 months ago
Genworth MI Canada Inc. Schedules First Quarter 2019 Earnings Conference Call for May 1st, 2019
TORONTO , April 18, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX: MIC) today announced it will issue its earnings release and financial supplement containing the quarterly results ...
Simply Wall St.2 months ago
What Kind Of Share Price Volatility Should You Expect For Genworth MI Canada Inc. (TSE:MIC)?
If you own shares in Genworth MI Canada Inc. (TSE:MIC) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure of volatility. Modern finance theory considers vol...
The Motley Fool2 months ago
Short Warning: 3 Stocks to Watch in April
Badger Daylighting Ltd. (TSX:BAD) and others have become targets of short-sellers as the TSX Index has roared to start 2019.
The Motley Fool2 months ago
2 Housing-Exposed Financials to Avoid
The Canadian housing market is extremely brittle, which may mean private mortgage insurers like Genworth MI Canada Inc. (TSX:MIC) might be in for a rough ride.
The Motley Fool3 months ago
Alert: 3 Great Stocks to Buy in April
You'll want to load up on Genworth MI Canada Inc. (TSX:MIC), Transcontinental Inc. (TSX:TCL.A) and Dollarama Inc. (TSX:DOL) shares in April. Here's why.
Baystreet3 months ago
Buy This Dividend Stock to Cash in on New Housing Policy
The Canadian Mortgage and Housing Corp. (CMHC) said in early March that it hopes to see every Canadian ...