Stuart Kendrick Levings Sells 3,300 Shares of Genworth MI Canada Inc. (MIC) Stock

Genworth MI Canada Inc. (TSE:MIC) Director Stuart Kendrick Levings sold 3,300 shares of the stock in a transaction dated Friday, May 4th. The stock was sold at an average price of C$41.80, for a total transaction of C$137,940.00.

Stuart Kendrick Levings also recently made the following trade(s):

  • On Monday, May 7th, Stuart Kendrick Levings sold 2,800 shares of Genworth MI Canada stock. The stock was sold at an average price of C$41.75, for a total transaction of C$116,900.00.
  • On Monday, February 26th, Stuart Kendrick Levings bought 219 shares of Genworth MI Canada stock. The shares were acquired at an average price of C$40.06 per share, for a total transaction of C$8,773.14.

TSE:MIC opened at C$41.53 on Thursday. Genworth MI Canada Inc. has a fifty-two week low of C$30.38 and a fifty-two week high of C$44.49.

Genworth MI Canada (TSE:MIC) last released its quarterly earnings results on Tuesday, February 6th. The company reported C$1.33 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.20 by C$0.13. Genworth MI Canada had a net margin of 70.53% and a return on equity of 13.53%. The business had revenue of C$235.00 million for the quarter, compared to analysts’ expectations of C$196.80 million.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 30th. Stockholders of record on Monday, May 14th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date is Friday, May 11th.

MIC has been the topic of several recent research reports. BMO Capital Markets increased their target price on shares of Genworth MI Canada from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a report on Thursday, February 8th. National Bank Financial increased their target price on shares of Genworth MI Canada from C$49.00 to C$50.00 and gave the stock an “outperform” rating in a report on Wednesday, May 2nd. Scotiabank increased their target price on shares of Genworth MI Canada from C$46.00 to C$47.00 and gave the stock a “sector perform” rating in a report on Thursday, May 3rd. Finally, Royal Bank of Canada increased their target price on shares of Genworth MI Canada from C$42.00 to C$45.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 2nd. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of C$47.33.

About Genworth MI Canada

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

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