MIC : Genworth MI Canada Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Genworth MI Canada Inc trades with the ticker MIC on the TSX and is in the Insurance-Specialty industry.

Overview
Sagen 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 formerly known as Genworth MI Canada Inc. and changed its name to Sagen MI Canada Inc. in February 2021. Sagen MI Canada Inc. was founded in 1995 and is headquartered in Oakville, Canada.
 

Looking to invest in Genworth MI Canada Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

MIC.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $3754.846MM

PE Ratio: 8.613

Price: #N/A (Updated: 3/12/2024 0:47:16)



Genworth MI Canada Inc (MIC) vs Competitors in Insurance-Specialty

Lets see how MIC.TO stacks up against others in the Insurance-Specialty asset management industry. We have identified its main peers as:

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No comparisons available.
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Insurance-Specialty


    Our Recommendation: Hold
    Shows positive EPS growth from this year to next, suggesting improving profitability.
     

    How to Buy MIC stock on the TSX

    You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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    Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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