Genworth MI Canada (TSE:MIC) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, July 30th. Analysts expect the company to announce earnings of C$1.27 per share for the quarter.

Genworth MI Canada (TSE:MIC) last released its earnings results on Tuesday, April 30th. The company reported C$1.35 earnings per share (EPS) for the quarter. The business had revenue of C$168.54 million during the quarter.

MIC opened at C$44.28 on Monday. The firm has a market cap of $3.88 billion and a price-to-earnings ratio of 9.39. The firm has a 50 day simple moving average of C$43.15. The company has a debt-to-equity ratio of 11.23, a current ratio of 0.26 and a quick ratio of 0.20. Genworth MI Canada has a 12-month low of C$38.18 and a 12-month high of C$46.80.

A number of brokerages have commented on MIC. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 485 ($6.34) price objective on shares of in a research report on Tuesday, July 9th. CIBC downgraded Pure Multi-Family REIT from an “outperform” rating to a “neutral” rating and cut their target price for the stock from C$7.70 to C$7.61 in a research report on Monday, July 22nd. Finally, National Bank Financial downgraded Calfrac Well Services from an “outperform market weight” rating to a “sector perform overweight” rating in a research report on Wednesday, May 1st. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Genworth MI Canada has an average rating of “Buy” and an average price target of C$50.40.

In related news, Senior Officer Philip Adrian Virgil Mayers sold 6,400 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of C$41.95, for a total transaction of C$268,480.00. Following the completion of the transaction, the insider now owns 20,912 shares in the company, valued at approximately C$877,258.40.

About Genworth MI Canada

Genworth MI Canada Inc, through its subsidiaries, operates as a private residential mortgage insurer in Canada. It provides mortgage default insurance to residential mortgage homebuyers, lenders, brokers, and realtors. The company was founded in 1995 and is headquartered in Oakville, Canada.

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Earnings History for Genworth MI Canada (TSE:MIC)

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