Genworth MI Canada Inc (TSE:MIC) Director Brian Leo Hurley sold 90,000 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of C$37.20, for a total transaction of C$3,348,000.00.

Genworth MI Canada Inc (TSE:MIC) traded up 0.99% on Tuesday, hitting $37.73. 218,981 shares of the company were exchanged. The stock’s 50-day moving average price is $35.15 and its 200-day moving average price is $35.09. The stock has a market capitalization of $3.47 billion and a P/E ratio of 7.02. Genworth MI Canada Inc has a 52-week low of $27.39 and a 52-week high of $39.00.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Wednesday, August 30th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Friday, August 11th.

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A number of equities research analysts have issued reports on the stock. National Bank Financial increased their price objective on shares of Genworth MI Canada from C$37.00 to C$40.00 and gave the company a “sector perform” rating in a report on Wednesday, August 2nd. TD Securities increased their price objective on shares of Genworth MI Canada from C$43.00 to C$44.00 and gave the company a “buy” rating in a report on Thursday, August 3rd. BMO Capital Markets reissued an “outperform” rating and issued a C$43.00 target price on shares of Genworth MI Canada in a report on Thursday, August 3rd. Scotiabank raised their target price on shares of Genworth MI Canada from C$37.00 to C$39.00 and gave the company a “sector perform” rating in a report on Thursday, August 3rd. Finally, CIBC raised their target price on shares of Genworth MI Canada from C$43.00 to C$45.00 in a report on Thursday, August 3rd. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$41.83.

Genworth MI Canada Company Profile

Genworth MI Canada Inc, through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada.

Insider Buying and Selling by Quarter for Genworth MI Canada (TSE:MIC)

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