Genworth MI Canada (TSE:MIC) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, February 6th. Analysts expect Genworth MI Canada to post earnings of C$1.21 per share for the quarter.

Genworth MI Canada (TSE:MIC) last released its quarterly earnings results on Thursday, November 2nd. The company reported C$1.22 EPS for the quarter, beating the Zacks’ consensus estimate of C$1.16 by C$0.06. Genworth MI Canada had a net margin of 67.54% and a return on equity of 14.53%. The company had revenue of C$169.81 million for the quarter, compared to analyst estimates of C$191.90 million.

Genworth MI Canada (MIC) opened at C$41.14 on Monday. Genworth MI Canada has a 52-week low of C$30.38 and a 52-week high of C$44.49. The company has a market cap of $3,740.00, a P/E ratio of 7.07 and a beta of 1.64.

A number of equities analysts have recently commented on the stock. TD Securities lowered shares of Genworth MI Canada from a “buy” rating to a “hold” rating and lifted their price target for the company from C$45.00 to C$46.00 in a research report on Thursday, December 7th. National Bank Financial lifted their price target on shares of Genworth MI Canada from C$46.00 to C$48.00 and gave the company an “outperform” rating in a research report on Thursday, December 7th. Royal Bank of Canada lowered shares of Genworth MI Canada from a “sector perform” rating to an “underperform” rating and lifted their price target for the company from C$40.00 to C$41.00 in a research report on Monday, November 6th. Scotiabank lifted their price target on shares of Genworth MI Canada from C$40.00 to C$44.00 and gave the company a “sector perform” rating in a research report on Monday, November 6th. Finally, CIBC lowered shares of Genworth MI Canada from an “outperform” rating to a “neutral” rating and lifted their price target for the company from C$45.00 to C$46.00 in a research report on Monday, November 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of C$44.67.

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About Genworth MI Canada

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.

Earnings History for Genworth MI Canada (TSE:MIC)

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