Genworth MI Canada Inc (TSE:MIC) has earned a consensus rating of “Hold” from the six analysts that are covering the stock. Four analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$33.40.

Several equities analysts have recently issued reports on MIC shares. CIBC reduced their price target on shares of Genworth MI Canada from C$37.00 to C$35.00 in a report on Thursday, October 13th. Royal Bank Of Canada reduced their price objective on shares of Genworth MI Canada from C$36.00 to C$32.00 and set a “sector perform” rating for the company in a report on Thursday, October 6th. RBC Capital Markets reduced their price objective on shares of Genworth MI Canada from C$36.00 to C$32.00 and set a “sector perform” rating for the company in a report on Thursday, October 6th. Scotiabank reaffirmed a “sector perform” rating and issued a C$36.00 price objective on shares of Genworth MI Canada in a report on Monday, September 26th. Finally, BMO Capital Markets reduced their price objective on shares of Genworth MI Canada from C$40.00 to C$38.00 and set an “outperform” rating for the company in a report on Wednesday, October 5th.

Shares of Genworth MI Canada (TSE:MIC) opened at 30.93 on Wednesday. Genworth MI Canada has a 1-year low of $22.14 and a 1-year high of $36.35. The firm’s 50 day moving average is $29.67 and its 200 day moving average is $32.79. The firm has a market capitalization of $2.84 billion and a PE ratio of 7.65.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 25th. Shareholders of record on Wednesday, November 16th will be given a $0.44 dividend. The ex-dividend date of this dividend is Monday, November 14th. This is a boost from Genworth MI Canada’s previous quarterly dividend of $0.42. This represents a $1.76 annualized dividend and a yield of 5.69%.

Genworth MI Canada Company Profile

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