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How to buy Genworth Mortgage Insurance Australia (GMA) shares

Learn how to easily invest in Genworth Mortgage Insurance Australia shares.

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Genworth Mortgage Insurance Australia 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 in Australian dollars. Genworth Mortgage Insurance Australia has a trailing 12-month revenue of around $360 million. If you're looking to buy shares, check out the steps below.

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 ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of Genworth Mortgage Insurance Australia . Optimise your portfolio by tracking how your stock and 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 affect your stock.

Genworth Mortgage Insurance Australia stock price (ASX:GMA)

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

Genworth Mortgage Insurance Australia shares at a glance

Information last updated 2022-06-27.
52-week range$1.9046 - $3.19
50-day moving average $2.8472
200-day moving average $2.5864
Target price$2.92
PE ratio 5.182
Dividend yield $0.17 (7.42%)
Earnings per share (TTM) $0.467

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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.
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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. However, this is not a recommendation. 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.

Genworth Mortgage Insurance Australia price performance over time

Historical closes compared with the last close of A$2.3

1 week (2022-06-24) 0.44%
1 month (2022-06-01) -23.33%
3 months (2022-04-01) -20.69%
6 months (2021-12-31) -0.86%
1 year (2021-07-01) 7.98%
2 years (2020-07-01) 6.98%
3 years (2019-07-01) -18.44%
5 years (2017-06-30) -21.50%

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 5x. In other words, Genworth Mortgage Insurance Australia shares trade at around 5x 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 $286.1 million (£161 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 $360 million
Operating margin TTM 79.24%
Gross profit TTM $284 million
Return on assets TTM 4.7%
Return on equity TTM 13.09%
Profit margin 53.57%
Book value 3.785
Market capitalisation $944.2 million

TTM: trailing 12 months

Genworth Mortgage Insurance Australia share dividends


Dividend payout ratio: 33.86% of net profits

Recently Genworth Mortgage Insurance Australia has paid out, on average, around 33.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Genworth Mortgage Insurance Australia shareholders could enjoy a 7.42% return on their shares, in the form of dividend payments. In Genworth Mortgage Insurance Australia 's case, that would currently equate to about A$0.17 per share.

While Genworth Mortgage Insurance Australia 's payout ratio might seem fairly standard, it's worth remembering that Genworth Mortgage Insurance Australia may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 10 March 2022 (the "ex-dividend date").

Have Genworth Mortgage Insurance Australia 's shares ever split?

Genworth Mortgage Insurance Australia 's shares were split on 24 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 $1.9046 up to $3.19. A popular way to gauge a stock's volatility is its "beta".

GMA.AU volatility(beta: 1.24)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Genworth Mortgage Insurance Australia 's is 1.2381. This would suggest that Genworth Mortgage Insurance Australia 's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Genworth Mortgage Insurance Australia overview

Genworth Mortgage Insurance Australia Limited, together with 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 based in North Sydney, Australia.

Genworth Mortgage Insurance Australia in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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