How to buy Genworth Mortgage Insurance Australia shares | A$1.695

Genworth Mortgage Insurance Australia Limited is an insurance—specialty business based in Australia. Genworth Mortgage Insurance Australia shares (GMA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.695 – an increase of 3.04% over the previous week. Genworth Mortgage Insurance Australia has a trailing 12-month revenue of around $375.3 million.

How to buy shares in Genworth Mortgage Insurance Australia

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Genworth Mortgage Insurance Australia . Find the share by name or ticker symbol: GMA. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Genworth Mortgage Insurance Australia reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $1.695, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Genworth Mortgage Insurance Australia . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Genworth Mortgage Insurance Australia 's share price?

Since the stock market crash in March caused by coronavirus, Genworth Mortgage Insurance Australia 's share price has had significant negative movement.

Its last market close was $1.695, which is 52.92% down on its pre-crash value of $3.6 and 38.93% up on the lowest point reached during the March crash when the shares fell as low as $1.22.

If you had bought $1,000 worth of Genworth Mortgage Insurance Australia shares at the start of February 2020, those shares would have been worth $380.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $469.53.

Genworth Mortgage Insurance Australia share price

Use our graph to track the performance of GMA stocks over time.

Genworth Mortgage Insurance Australia shares at a glance

• Key figures

Information last updated 2020-10-14.

Latest market close	AUDA$1.695
52-week range	AUDA$1.22 - AUDA$4.37
50-day moving average	AUDA$1.5118
200-day moving average	AUDA$1.8664
Target price	AUDA$2.92
PE ratio	6.8947
Dividend yield	AUDA$0.17 (10.58%)
Earnings per share (TTM)	AUDA$0.308

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Genworth Mortgage Insurance Australia stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Genworth Mortgage Insurance Australia Limited by TradingView

Genworth Mortgage Insurance Australia price performance over time

Historical closes compared with the close of A$1.695 on 2020-10-20

1 week (2020-10-13)	1.50%
1 month (2020-09-21)	26.97%
3 months (2020-07-20)	-9.60%
6 months (2020-04-20)	-16.91%

1 year (2019-10-18)	-54.19%
2 years (2018-10-19)	-25.66%
3 years (2017-10-20)	-42.15%
5 years (2015-10-20)	-44.23%

Is Genworth Mortgage Insurance Australia under- or over-valued?

Valuing Genworth Mortgage Insurance Australia stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Genworth Mortgage Insurance Australia 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Genworth Mortgage Insurance Australia 's P/E ratio

Genworth Mortgage Insurance Australia 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Genworth Mortgage Insurance Australia shares trade at around 7x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Genworth Mortgage Insurance Australia 's EBITDA

Genworth Mortgage Insurance Australia 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $193.3 million.

The EBITDA is a measure of a Genworth Mortgage Insurance Australia 's overall financial performance and is widely used to measure a its profitability.

Genworth Mortgage Insurance Australia financials

Revenue TTM	$375.3 million
Gross profit TTM	$182.3 million
Return on assets TTM	-1.3%
Return on equity TTM	-3.71%
Profit margin	-15.47%
Book value	3.407
Market capitalisation	$678.6 million

TTM: trailing 12 months

Genworth Mortgage Insurance Australia share dividends

We're not expecting Genworth Mortgage Insurance Australia to pay a dividend over the next 12 months.

Have Genworth Mortgage Insurance Australia 's shares ever split?

Genworth Mortgage Insurance Australia 's shares were split on 23 May 2016. This wouldn't directly have changed the overall worth of your Genworth Mortgage Insurance Australia shares – just the quantity. However, indirectly, the new INF% higher share price could have impacted the market appetite for Genworth Mortgage Insurance Australia shares which in turn could have impacted Genworth Mortgage Insurance Australia 's share price.

Genworth Mortgage Insurance Australia share price volatility

Over the last 12 months, Genworth Mortgage Insurance Australia 's shares have ranged in value from as little as $1.22 up to $4.37. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Genworth Mortgage Insurance Australia 's is 0.9748. This would suggest that Genworth Mortgage Insurance Australia 's shares are less volatile than average (for this exchange).

Genworth Mortgage Insurance Australia overview

Genworth Mortgage Insurance Australia Limited, through its subsidiaries, engages in the loan mortgage insurance business in Australia. The company facilitates residential mortgage lending by transferring risk from lenders to lenders mortgage insurance (LMI) providers, primarily for High loan to value ratio residential mortgage loans. It offers LMI through flow and portfolio basis. The company was founded in 1965 and is headquartered in North Sydney, Australia. Genworth Mortgage Insurance Australia Limited is a subsidiary of Genworth Australian General Partnership.

Frequently asked questions

• What percentage of Genworth Mortgage Insurance Australia is owned by insiders or institutions?

  Currently 2.319% of Genworth Mortgage Insurance Australia shares are held by insiders and 68.539% by institutions.

• When does the fiscal year end for Genworth Mortgage Insurance Australia ?

  Genworth Mortgage Insurance Australia 's fiscal year ends in December.

• Where is Genworth Mortgage Insurance Australia based?

  Genworth Mortgage Insurance Australia 's address is: 101 Miller Street, North Sydney, NSW, Australia, 2060

• What is Genworth Mortgage Insurance Australia 's ISIN number?

  Genworth Mortgage Insurance Australia 's international securities identification number is: AU000000GMA5