Genworth MI Canada Research Coverage Started at Keefe, Bruyette & Woods (MIC)
Shares of Genworth MI Canada (TSE:MIC) traded down 0.18% during mid-day trading on Tuesday, hitting $38.43. 135,829 shares of the company’s stock traded hands. Genworth MI Canada has a 52 week low of $27.725 and a 52 week high of $40.64. The stock’s 50-day moving average is $37.92 and its 200-day moving average is $37.66. The company has a market cap of $3.651 billion and a P/E ratio of 9.65.
Genworth MI Canada (TSE:MIC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.93 by $0.11. On average, analysts predict that Genworth MI Canada will post $3.93 earnings per share for the current fiscal year.
A number of other firms have also recently commented on MIC. Analysts at Canaccord Genuity raised their price target on shares of Genworth MI Canada from C$40.50 to C$42.00 in a research note on Thursday, July 31st. They now have a “hold” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of Genworth MI Canada from C$42.00 to C$44.00 in a research note on Wednesday, July 30th. They now have an “outperform” rating on the stock. Finally, analysts at National Bank Financial raised their price target on shares of Genworth MI Canada from C$43.00 to C$45.00 in a research note on Wednesday, July 30th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Genworth MI Canada presently has an average rating of “Hold” and a consensus target price of C$43.75.
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