Genworth Financial Inc | StockChase
5
Genworth Financial Inc (GNW-N)

Last Price Recorded: $3.4500 on 2017-11-22

ON STOCKCHASE SINCE Feb 2006

insurance

Genworth Financial Inc


Signal Opinion Expert

2016-10-25

WAIT
Genworth Financial Inc (GNW-N)

Mortgage insurer. This has traded at a low valuation multiple, and there have been concerns around the business for the last number of years, as people are worried about the Canadian housing market getting overheated and a possible correction. New mortgage regulations will curb business to some degree, and lead to a situation where maybe the quality of their customers are going to be higher, but with less people qualifying, giving potentially lower earnings. He would not be a buyer at this time as there are too many uncertainties as to how the new regulations are going to impact the mortgage insurance market, and more broadly what is going to happen to the Canadian housing market. Dividend yield of 5.8%.

insurance
Colin Stewart

CEO & Portfolio manager, JC Clark Investments Ltd.

Price: $4.570
Owned: No

2012-07-11

COMMENT
Genworth Financial Inc (GNW-N)
He is Short a number of mortgage/housing companies including as this one.
insurance
James Hodgins

Chief Investment Officer, Curvature Hedge Strategies

Price: $5.230
Owned: Yes

2011-02-07

BUY
Genworth Financial Inc (GNW-N)
Gone sideways for the past year, which is surprising as they did a big share Buy-Back and raised dividends. Market is worried about a housing bubble. 3rd quarter numbers were a bit disappointing. Some defaults are insured by CMHC. Very profitable business.
insurance
Gavin Graham

Trustee, Pointbreak ETFs

Price: $13.000
Owned: Yes

2006-05-11

PAST TOP PICK
Genworth Financial Inc (GNW-N)
(A Top Pick Feb 9/06. No change.) Has been at $33 for some time. Sold some of his holdings and is considering selling the rest.
insurance
Brad Willock

Vice President and Senior Portfolio Manager, RBC Asset Management

Price: $32.790
Owned: Yes

2006-02-09

TOP PICK
Genworth Financial Inc (GNW-N)
A life insurance company with a long track record of profitability. A spin out from General Electric. General Electric will be selling the last third in the next month. When/if this happens, there will probably be a dip which will be a good time to get into the stock. You might see it $1/2 lower.
insurance
Brad Willock

Vice President and Senior Portfolio Manager, RBC Asset Management

Price: $32.750
Owned: Yes

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