PMI Group, Inc. (PMI) - Bear of the Day
22 8월 2011 - 9:00AM
Zacks
PMI Group Inc.'s (PMI) second-quarter operating loss was
worse than the Zacks Consensus Estimate and widened year over year
as the company continued to suffer mortgage losses. We expect
losses and loss adjustment expenses from mortgage insurance
operations, increased valuation allowances, lower premiums earned
and shrunken investment income will continue to pressure PMI's
earnings.
While increasing persistency levels will drive domestic growth,
it will put additional pressure on capital. PMI Group is not able
to sell new policies.
To add to its woes, Arizona-based PMI Mortgage Insurance Co.,
the main subsidiary, is short of funds, which is required to meet
regulatory requirements in Arizona. As such, the State Insurance
Department will likely bar it from selling new policies, which
might result in either rehabilitation or liquidation of the
unit.
PMI GROUP (PMI): Free Stock Analysis Report
Zacks Investment Research
P M I (NYSE:PMI)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
P M I (NYSE:PMI)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024
Pmi Grp. (The) Common Stock (뉴욕 증권거래소)의 실시간 뉴스: 최근 기사 0
More P M I News Articles