|Bid||44.41 x 0|
|Ask||44.66 x 0|
|Day's Range||44.45 - 44.92|
|52 Week Range||38.18 - 46.80|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||9.44|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||2.04 (4.59%)|
|1y Target Est||50.50|
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 ...
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).
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 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.
Genworth MI Canada Inc. (TSE:MIC), operating in the financial services industry based in Canada, had a relatively...
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.
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 ...
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.
Canada housing continues to face challenges, but low rates should sustain the wider market and companies like Equitable Group Inc. (TSX:EQB) going forward.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
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 ...
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, ...
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.
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 investing in great dividend names like Bank of Montreal (TSX:BMO)(NYSE:BMO) and Genworth MI Canada Inc. (TSX:MIC).
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.
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.
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.
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...
These two financial stocks, including Genworth MI Canada (TSX:MIC), are trading at cheap valuations and offer investors growth and income.
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.
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 ...
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.