MIC.TO - Genworth MI Canada Inc.

Toronto - Toronto Delayed Price. Currency in CAD
44.50
+0.06 (+0.14%)
At close: 4:00PM EDT
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Previous Close44.44
Open44.60
Bid44.41 x 0
Ask44.66 x 0
Day's Range44.45 - 44.92
52 Week Range38.18 - 46.80
Volume71,432
Avg. Volume158,884
Market Cap3.898B
Beta (3Y Monthly)0.92
PE Ratio (TTM)9.44
EPS (TTM)4.72
Earnings DateJul 30, 2019
Forward Dividend & Yield2.04 (4.59%)
Ex-Dividend Date2019-06-14
1y Target Est50.50
  • CNW Group10 days ago

    Genworth MI Canada Inc. Schedules Second Quarter 2019 Earnings Conference Call for July 31st, 2019

    TORONTO , July 12, 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 ...

  • TFSA Investors: 2 Dividend Studs to Buy With Your $6,000 Contribution
    The Motley Fool10 days ago

    TFSA Investors: 2 Dividend Studs to Buy With Your $6,000 Contribution

    Long-term TFSA investors should take a closer look at Crombie Real Estate Investment Trust (TSX:CRR.UN) and Genworth MI Canada Inc. (TSX:MIC).

  • Leading Brokers Name 3 TSX Shares to Buy Today
    The Motley Fool12 days ago

    Leading Brokers Name 3 TSX Shares to Buy Today

    Stocks such as Genworth MI Canada (TSX:MIC) started Wednesday trading looking for direction while reflecting on what Federal Reserve chair Jerome Powell and Bank of Canada governor Stephen Poloz have to say about interest rates.

  • The Canadian Press20 days ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Tuesday on the Toronto Stock Exchange:

  • Genworth mulls sale of Canadian arm, criticizes Ottawa for delayed merger review
    The Canadian Press20 days ago

    Genworth mulls sale of Canadian arm, criticizes Ottawa for delayed merger review

    The Virginia-based mortgage insurer said on Monday it has agreed with Oceanwide to "consider strategic alternatives" for Genworth MI Canada due to the "absence of any substantive progress" in discussions with Canadian regulators regarding the review of the transaction announced in 2016. "MI Canada is one of our top-performing businesses," said Genworth chief executive Tom McInerney in a statement.

  • Is It Too Late To Consider Buying Genworth MI Canada Inc. (TSE:MIC)?
    Simply Wall St.20 days ago

    Is It Too Late To Consider Buying Genworth MI Canada Inc. (TSE:MIC)?

    Genworth MI Canada Inc. (TSE:MIC), operating in the financial services industry based in Canada, had a relatively...

  • CNW Group21 days ago

    Genworth MI Canada Inc. acknowledges announcement of potential disposition by Genworth Financial, Inc. of its interests in the Company

    TORONTO, July 1, 2019 /CNW/ - Genworth MI Canada Inc. (the "Company") (TSX:MIC.TO - News) acknowledges the announcement today by Genworth Financial, Inc. ("Genworth Financial") that  Genworth Financial and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) have agreed to an 11th waiver and agreement of each party's right to terminate the previously announced merger agreement beyond the current deadline of June 30, 2019. In conjunction with the extension, Genworth Financial has received Oceanwide's consent to solicit interest in a potential disposition of its interest in Genworth MI Canada Inc. (MI Canada).  As noted in their press release, the parties decided to consider strategic alternatives for MI Canada as a result of the absence of any substantive progress in discussions on the transaction with Canadian regulators.  The 11th waiver and agreement extends the merger agreement deadline to not later than November 30, 2019, which Oceanwide and Genworth Financial believe should allow sufficient time for the parties to explore disposition options.

  • CNW Grouplast month

    Genworth MI Canada Inc. announces redemption price for 5.68% Debentures due June 15, 2020

    TORONTO , June 21, 2019 /CNW/ - Genworth MI Canada Inc. (the " Company ") (TSX: MIC) announced on May 23, 2019 that it would redeem $100 million principal amount, or approximately 36.4% of the ...

  • TFSA Bargain Hunters: You’ve Got to Check Out This Cheap Stock
    The Motley Foollast month

    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.

  • 1 Reason to Trust Canada Housing in the Second Half of 2019
    The Motley Foollast month

    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.

  • Do You Know What Genworth MI Canada Inc.'s (TSE:MIC) P/E Ratio Means?
    Simply Wall St.2 months 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 Group2 months 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 Group2 months 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 Group2 months 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.

  • GlobeNewswire2 months 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.

  • Secure Your Retirement by Following This Important Investing Rule
    The Motley Fool2 months ago

    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 Group2 months ago

    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 Group2 months ago

    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 Group2 months ago

    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 StreetEvents2 months ago

    Edited Transcript of MIC.TO earnings conference call or presentation 1-May-19 2:30pm GMT

    Q1 2019 Genworth MI Canada Inc Earnings Call

  • 2 Days Left Before Genworth MI Canada Inc. (TSE:MIC) Will Be Trading Ex-Dividend
    Simply Wall St.3 months ago

    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...

  • 2 Cheap Financial Stocks Trading at a Discount to Book Value
    The Motley Fool3 months ago

    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 Group3 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 Group3 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 Group3 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.