Genworth MI Canada Inc (TSE:MIC) – Research analysts at Cormark reduced their Q2 2017 earnings per share (EPS) estimates for Genworth MI Canada in a report issued on Thursday. Cormark analyst J. Fenwick now anticipates that the brokerage will post earnings of $1.06 per share for the quarter, down from their prior forecast of $1.07. Cormark also issued estimates for Genworth MI Canada’s Q3 2017 earnings at $1.05 EPS, Q4 2017 earnings at $1.04 EPS and FY2017 earnings at $4.22 EPS.

Several other brokerages have also recently issued reports on MIC. Royal Bank Of Canada cut shares of Genworth MI Canada from an “outperform” rating to a “sector perform” rating and set a C$35.00 target price on the stock. in a report on Wednesday, July 20th. CIBC increased their target price on shares of Genworth MI Canada from C$33.50 to C$37.00 and gave the stock a “sector perform” rating in a report on Thursday, August 4th. RBC Capital Markets increased their target price on shares of Genworth MI Canada from C$35.00 to C$36.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 3rd. Scotiabank reiterated a “sector perform” rating and set a C$35.00 target price on shares of Genworth MI Canada in a report on Wednesday, August 3rd. Finally, TD Securities reissued a “hold” rating and set a C$38.00 price target on shares of Genworth MI Canada in a research report on Wednesday, August 3rd. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Genworth MI Canada has a consensus rating of “Hold” and a consensus target price of C$35.14.

Earnings History and Estimates for Genworth MI Canada (TSE:MIC)

Shares of Genworth MI Canada (TSE:MIC) opened at 29.04 on Monday. Genworth MI Canada has a 12 month low of $22.14 and a 12 month high of $36.35. The company has a market capitalization of $2.67 billion and a price-to-earnings ratio of 7.39. The company’s 50-day moving average is $33.07 and its 200 day moving average is $33.19.

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