MGIC Investment (MTG) Now Trades Above Golden Cross: Time to Buy?
- MGIC Investment Corporation (MTG) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, MTG's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.
- 05/26/2025
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Best Momentum Stocks to Buy for May 22nd
- FTS and MTG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 22, 2025.
- 05/22/2025
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New Strong Buy Stocks for May 22nd
- ESLT, FTS, MTG, ERO and CCRD have been added to the Zacks Rank #1 (Strong Buy) List on May 22, 2025.
- 05/22/2025
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Best Value Stocks to Buy for May 22nd
- ERO and MGIC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 22, 2025.
- 05/22/2025
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Best Income Stocks to Buy for May 22nd
- FTS and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 22, 2025.
- 05/22/2025
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MTG Near 52-Week High: Time to Buy the Stock for Solid Returns?
- MGIC Investment gains from new business, solid annual persistency, higher level of home sales, effective capital deployment and sufficient liquidity.
- 05/21/2025
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MGIC Investment Corporation (MTG) Hit a 52 Week High, Can the Run Continue?
- MGIC (MTG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 05/09/2025
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Here's Why MGIC Investment (MTG) is a Great Momentum Stock to Buy
- Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 05/06/2025
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MGIC Investment: Solid Results Appear To Be In The Price
- MGIC Investment Corporation shares have risen 27% in the past year, driven by strong earnings and no direct tariff exposure. Q1 earnings beat estimates with $0.75 EPS, boosted by strong underwriting and elevated interest rates, though new policy growth is slowing. MGIC maintains stringent underwriting standards, with low delinquencies and a strong balance sheet, supporting ongoing share buybacks and dividends.
- 05/03/2025
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MGIC Investment Q1 Earnings Top, Insurance in Force Rises
- MTG's Q1 results reflect a rise in insurance in force, higher new insurance written and lower persistency.
- 05/01/2025
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MGIC Investment Corporation (MTG) Q1 2025 Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Dianna Higgins – Head of Investor Relations Tim Mattke – Chief Executive Officer Nathan Colson – Chief Financial Officer and Chief Risk Officer Conference Call Participants Terry Ma – Barclays Doug Harter – UBS Bose George – KBW Operator Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation First Quarter 2025 Earnings Call. At this time, all lines have been placed on mute to prevent any background noise.
- 05/01/2025
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Compared to Estimates, MGIC (MTG) Q1 Earnings: A Look at Key Metrics
- Although the revenue and EPS for MGIC (MTG) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/30/2025
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MGIC Investment (MTG) Q1 Earnings Surpass Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.65 per share a year ago.
- 04/30/2025
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MGIC Investment Corporation Reports First Quarter 2025 Results
- First Quarter 2025 Net Income of $185.5 million or $0.75 per Diluted Share First Quarter 2025 Adjusted Net Operating Income (Non-GAAP) of $185.2 million or $0.75 per Diluted Share MILWAUKEE , April 30, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2025. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased with our first quarter financial results, which reflect the continued strong performance we've achieved over the past few years.
- 04/30/2025
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MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.13 Per Share
- MILWAUKEE , April 24, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase up to $750 million of its common stock. The company is authorized to repurchase shares of its common stock from time to time through privately negotiated, open market or other transactions (including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended) at any time prior to December 31, 2027.
- 04/24/2025
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Will MGIC (MTG) Beat Estimates Again in Its Next Earnings Report?
- MGIC (MTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/18/2025
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MGIC Investment Corporation Schedules 1st Quarter 2025 Earnings Call
- MILWAUKEE , April 4, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2025 financial results after the market closes on Wednesday, April 30, 2025. A conference call/webcast has been scheduled for 10:00 a.m.
- 04/04/2025
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MGIC Investment (MTG) Is Up 1.95% in One Week: What You Should Know
- Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 03/27/2025
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MGIC (MTG) Upgraded to Buy: Here's What You Should Know
- MGIC (MTG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 03/20/2025
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MTG Stock Lags Industry, Trades at a Discount: Should You Buy or Wait?
- Given the U.S. housing market expected to grow at a slow rate, downward pressure on home prices and intense competition, it is wise to stay cautious on MTG.
- 03/17/2025
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MGIC Investment: A Junk Bond Earnings Yield With Growth
- MGIC Investment: A Junk Bond Earnings Yield With Growth
- 02/09/2025
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MGIC Investment Q4 Earnings Beat, Revenues Miss Estimates
- MTG's fourth quarter results higher new insurance written, improved net investment income, and higher insurance in force.
- 02/04/2025
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MGIC Investment Corporation (MTG) Q4 2024 Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q4 2024 Earnings Conference Call February 4, 2025 10:00 AM ET Company Participants Dianna Higgins - Head of Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer and Chief Risk Officer Conference Call Participants Terry Ma - Barclays Mihir Bhatia - Bank of America Bose George - KBW Douglas Harter - UBS Scott Heleniak - RBC Capital Markets Geoffrey Dunn - Dowling & Partners Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Q4 2024 MGIC Investment Corporation Earnings Conference Call.
- 02/04/2025
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Compared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key Metrics
- Although the revenue and EPS for MGIC (MTG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/03/2025
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MGIC Investment (MTG) Q4 Earnings Top Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.67 per share a year ago.
- 02/03/2025
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MGIC Investment Corporation Reports Fourth Quarter 2024 Results
- Fourth Quarter 2024 Net Income of $184.7 million or $0.72 per Diluted Share Fourth Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $184.5 million or $0.72 per Diluted Share Full Year 2024 Net Income of $763.0 million or $2.89 per Diluted Share Full Year 2024 Adjusted Net Operating Income (Non-GAAP) of $768.5 million or $2.91 per Diluted Share MILWAUKEE , Feb. 3, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "As we close another year on a high note with strong financial results in the fourth quarter while returning meaningful capital to our shareholders, I am looking forward to the opportunities that lie before us in the new year.
- 02/03/2025
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MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share
- MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, payable on March 5, 2025, to shareholders of record as of February 18, 2025. About MGIC Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.
- 01/28/2025
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MGIC Investment Stock Near 52-Week High: What Should Investors Do?
- MTG gains from well-performing solid insurance in force, lower delinquency, better housing market fundamentals as well as affordability of shares.
- 01/27/2025
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MGIC Investment Corporation Schedules 4th Quarter 2024 Earnings Call
- MILWAUKEE , Jan. 6, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2024 financial results after the market closes on Monday, February 3, 2025. A conference call/webcast has been scheduled for 10:00 a.m.
- 01/06/2025
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The New Year May Not Be Kind To Radian Group
- The New Year May Not Be Kind To Radian Group
- 12/31/2024
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Here's Why MGIC Investment (MTG) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 12/20/2024
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MGIC (MTG) Up 8.7% Since Last Earnings Report: Can It Continue?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 12/04/2024
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MGIC Investment Stock Rises 35.3% YTD: More Room for Growth?
- MTG stock rallies on the back of solid insurance in force, lower delinquency, better housing market fundamentals and solid growth projections.
- 11/27/2024
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Why MGIC Investment (MTG) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/11/2024
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MGIC Investment Corporation (MTG) Q3 2024 Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer Conference Call Participants Terry Ma - Barclays Bose George - KBW Mihir Bhatia - Bank of America Geoffrey Dunn - Dowling and Partners Scott Heleniak - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the MGIC Investment Corporation Third Quarter 2024 Earnings Call.
- 11/05/2024
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MGIC Investment Q3 Earnings Surpass Estimates on Higher Revenues
- MTG's third-quarter earnings reflect higher new insurance written and improved net investment income, partially offset by lower insurance in force.
- 11/05/2024
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MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns
- MGIC Investment shares have gained 34% over the past year, but recently pulled back 10% due to concerns over the US housing market. Q3 earnings report showed $0.77 in adjusted EPS and a 3% revenue increase, driven by higher net investment income and flat policy exposure. MTG benefits from high home prices and low delinquencies, with strong capital returns to shareholders via buybacks and dividends.
- 11/05/2024
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Here's What Key Metrics Tell Us About MGIC (MTG) Q3 Earnings
- While the top- and bottom-line numbers for MGIC (MTG) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 11/04/2024
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MGIC Investment (MTG) Q3 Earnings Beat Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.64 per share a year ago.
- 11/04/2024
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MGIC Investment Corporation Reports Third Quarter 2024 Results
- Third Quarter 2024 Net Income of $200.0 million or $0.77 per Diluted Share Third Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $200.7 million or $0.77 per Diluted Share MILWAUKEE , Nov. 4, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We are very pleased with our third quarter financial results, generating net income of $200 million and delivering a 15.6% return on equity.
- 11/04/2024
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MGIC Investment Corporation Announces Quarterly Dividend of $0.13 Per Share
- MILWAUKEE , Oct. 24, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, payable on November 21, 2024, to shareholders of record as of November 7, 2024. About MGIC Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.
- 10/24/2024
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All You Need to Know About MGIC (MTG) Rating Upgrade to Strong Buy
- MGIC (MTG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 10/11/2024
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Best Value Stocks to Buy for October 11th
- AGESY, CURV and MTG made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 11, 2024.
- 10/11/2024
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Best Income Stocks to Buy for October 11th
- AGESY, AVNT and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 11, 2024.
- 10/11/2024
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MGIC Investment Corporation Schedules 3rd Quarter 2024 Earnings Call
- MILWAUKEE , Oct. 7, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. A conference call/webcast has been scheduled for 10:00 a.m.
- 10/07/2024
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AM Best Upgrades Credit Ratings of Operating Subsidiaries of MGIC Investment Corporation
- OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of the operating subsidiaries of MGIC Investment Corporation [NYSE: MTG]. The operating subsidiaries are Mortgage Guaranty Insurance Corporation, MGIC Indemnity Corporation, and MGIC Assurance Corporation (collectively referred to as MGIC). All companies are domiciled in Milwaukee, WI. In addition,.
- 09/20/2024
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MTG Stock Near 52-Week High: Should You Buy or Wait for a Pullback?
- Higher premiums, outstanding credit quality and new business will drive MCIG Investment. Given attractive valuation and upbeat prospects, it is a contender for addition to portfolio.
- 09/18/2024
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Are You Looking for a Top Momentum Pick? Why MGIC Investment (MTG) is a Great Choice
- Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 09/16/2024
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3 Momentum Anomaly Stocks to Buy as Markets Soar on Cooling Inflation
- PPC, THC and MTG are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
- 09/13/2024
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5 Stocks to Watch From the Prospering Multiline Insurance Industry
- Better pricing, product redesigns, technological advancement, and improving inflation are expected to aid multiline insurers like MET, AIG, PRU, AIZ and MTG.
- 09/05/2024
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Why Is MGIC (MTG) Up 2.7% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 08/30/2024
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4 Low Price-to-Book Stocks From the Undervalued Insurance Industry
- Riding on product diversification, better pricing and solid capital position, undervalued insurers like AXS, NMIH, MTG and ORI are poised to fetch better returns.
- 08/26/2024
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MGIC Comments on the Recently Adopted PMIERs Updates
- MILWAUKEE , Aug. 21, 2024 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), comments on the updates by the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to the Private Mortgage Insurer Eligibility Requirements (PMIERs) Available Assets Standards. "We are proud of the critical role private mortgage insurance (MI) plays in the housing finance system.
- 08/21/2024
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MGIC Investment (MTG) is a Great Momentum Stock: Should You Buy?
- Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/19/2024
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MGIC Investment (MTG) Gains 24% YTD: More Room for Growth?
- MGIC Investment (MTG) is set to grow on solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and prudent capital deployment.
- 08/16/2024
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Why MGIC (MTG) Might be Well Poised for a Surge
- MGIC (MTG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/06/2024
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MGIC Investment Corporation (MTG) Q2 2024 Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer & Chief Risk Officer Conference Call Participants Soham Bhonsle – BTIG Bose George – KBW Terry Ma – Barclays Douglas Harter - UBS Mihir Bhatia - Bank of America Geoffrey Dunn - Dowling Operator Ladies and gentlemen, thank you for standing by. Welcome to the MGIC Investment Corporation Second Quarter 2024 Earnings Call.
- 08/01/2024
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MGIC Investment (MTG) Beats Q2 Earnings, Raises Dividend
- MGIC Investment (MTG) Q2 results reflect higher premiums written, improved net investment income and lower underwriting and other expenses, partially offset by lower insurance in force.
- 08/01/2024
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MGIC Investment Corporation (MTG) Hits Fresh High: Is There Still Room to Run?
- MGIC (MTG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 08/01/2024
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MGIC (MTG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 07/31/2024
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MGIC Investment (MTG) Beats Q2 Earnings and Revenue Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.68 per share a year ago.
- 07/31/2024
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MGIC Investment Corporation Reports Second Quarter 2024 Results
- Second Quarter 2024 Net Income of $204.2 million or $0.77 per Diluted Share Second Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $204.9 million or $0.77 per Diluted Share MILWAUKEE , July 31, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased to report we again delivered a solid quarter of financial results.
- 07/31/2024
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What Makes MGIC Investment (MTG) a Strong Momentum Stock: Buy Now?
- Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 07/30/2024
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7 Upcoming Dividend Increases
- The article presents upcoming dividend increases, with an average increase of 7.1% and a median of 5.9%. Investment strategy involves buying companies with a consistent dividend growth history and beating benchmarks for long-term portfolio success. Data is sourced from the U.S. Dividend Champions spreadsheet and NASDAQ for companies with at least 5 years of dividend growth.
- 07/30/2024
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MGIC Investment Corporation Announces an Increase to Quarterly Dividend
- MILWAUKEE , July 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, an increase of 13% from the last quarterly dividend paid of $0.115 per share. This quarter's dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024.
- 07/25/2024
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MGIC Investment Corporation (MTG) Hit a 52 Week High, Can the Run Continue?
- MGIC (MTG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 07/15/2024
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MGIC Investment Corporation Schedules 2nd Quarter 2024 Earnings Call
- MILWAUKEE , July 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. A conference call/webcast has been scheduled for 10:00 a.m.
- 07/01/2024
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Here's Why Hold Strategy is Apt for MGIC Investment (MTG)
- MGIC Investment (MTG) is well-poised to gain from solid insurance in force, a decline in loss and claims payments, better housing market fundamentals and prudent capital deployment.
- 06/24/2024
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MTG or ACT: Which Multiline Insurance Stock is Better-Positioned?
- Let's see how MGIC Investment (MTG) and Enact Holdings (ACT) fare in terms of some of the key metrics.
- 06/19/2024
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MGIC (MTG) Up 0.8% Since Last Earnings Report: Can It Continue?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 05/31/2024
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MGIC Investment (MTG) Up 38.8% in a Year: Will the Rally Last?
- MGIC Investment (MTG) stock rallies on the back of solid insurance in force, a decline in loss and claims payment, better housing market fundamentals and prudent capital deployment.
- 05/22/2024
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MGIC Investment (MTG) Q1 Earnings Top, Revenues Miss Estimates
- MGIC Investment (MTG) first-quarter results reflect favorable credit trends and the resiliency of the housing market.
- 05/02/2024
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MGIC Investment Corporation (MTG) Q1 2024 Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer & Chief Risk Officer Conference Call Participants Bose George – KBW Terry Ma – Barclays Soham Bhonsle - BTIG Mihir Bhatia - Bank of America Douglas Harter - UBS Operator Ladies and gentlemen, thank you for standing by. Welcome to the MGIC Investment Corporation First Quarter 2024 Earnings Call.
- 05/02/2024
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MGIC (MTG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
- The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 05/01/2024
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MGIC Investment (MTG) Q1 Earnings Top Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.54 per share a year ago.
- 05/01/2024
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MGIC Investment Corporation Reports First Quarter 2024 Results
- First Quarter 2024 Net Income of $174.1 million or $0.64 per Diluted Share First Quarter 2024 Adjusted Net Operating Income (Non-GAAP) of $178.4 million or $0.65 per Diluted Share MILWAUKEE , May 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2024. Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "We began the year with a solid quarter generating net income of $174 million, delivering a return on equity of 13.7%, and increasing book value per share by 14.5% year-over-year while returning meaningful capital to our shareholders.
- 05/01/2024
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MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per Share
- MILWAUKEE , April 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has approved an additional share repurchase program with authorization to purchase up to $750 million of its common stock. The company is authorized to repurchase shares of its common stock from time to time through privately negotiated, open market or other transactions (including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended) at any time prior to December 31, 2026.
- 04/25/2024
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Buy MGIC: Higher Interest Rates Create A Buying Opportunity
- MGIC's stock fell by 13% due to a spike in the 10-year Treasury bond yield, making it a good time to invest. Q1 forecast for MGIC predicts flat insurance revenues, but higher investment income and 6% fewer shares than a year ago. Higher interest rates have little impact on MGIC's credit risk and insurance policy pricing.
- 04/19/2024
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5 Dividend-Paying Multiline Insurers Worth Watching
- Multiline insurers like MetLife (MET), Prudential Financial (PRU), MGIC Investment (MTG), CNO Financial (CNO) and Old Republic (ORI), which have a solid dividend history, offer a breather amid volatility.
- 04/16/2024
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MGIC Investment Corporation Schedules 1st Quarter 2024 Earnings Call
- MILWAUKEE , April 2, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024. A conference call/webcast has been scheduled for 10:00 a.m.
- 04/02/2024
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MGIC Investment (MTG) Up 62.6% in a Year: More Room to Run?
- MGIC Investment (MTG) gains on the back of solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and prudent capital deployment.
- 04/02/2024
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MGIC (MTG) Stock Jumps 5.7%: Will It Continue to Soar?
- MGIC (MTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 03/12/2024
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Why Is MGIC (MTG) Down 0.4% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 03/01/2024
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Here's Why You Should Add MGIC Investment (MTG) to Your Kitty
- MGIC Investment (MTG) stands to gain from solid insurance in force, a decline in loss and claims payments, better housing market fundamentals and prudent capital deployment.
- 03/01/2024
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Inside Vanguard's Picks: 3 Must-Buy Stocks From AI-Enhanced Funds
- A Bloomberg article from early February about Vanguard stock picks caught my attention recently. The article stated that Vanguard has quietly been using machine learning for several of its actively managed mutual funds.
- 02/15/2024
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Buy MGIC - Slow, Steady And Still Cheap
- MGIC reported solid Q4 earnings, with cash operating EPS of $0.63 and a 12.5% increase in quarterly dividend. Claim payments on private mortgage insurance remain extremely low, at $13 million in Q4. MGIC's stock remains cheap with a P/E ratio of 7.5 and a cash return of 13.4%, making it an attractive investment option.
- 02/04/2024
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MGIC (MTG) Upgraded to Strong Buy: What Does It Mean for the Stock?
- MGIC (MTG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 02/02/2024
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Best Income Stocks to Buy for February 2nd
- KOF, MTG and SVNDY made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 2, 2023.
- 02/02/2024
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Best Value Stocks to Buy for February 2nd
- KOF, MTG and BK made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 2, 2023.
- 02/02/2024
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MGIC Investment Corporation (MTG) Q4 2023 Earnings Call Transcript
- MGIC Investment Corporation (MTG) Q4 2023 Earnings Call Transcript
- 02/01/2024
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MGIC Investment (MTG) Q4 Earnings Top Estimates, Revenues Lag
- MGIC Investment's (MTG) fourth-quarter results gain from higher net investment income and lower underwriting and other expenses. Lower net premiums written partially offset the positives.
- 02/01/2024
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Compared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key Metrics
- While the top- and bottom-line numbers for MGIC (MTG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 01/31/2024
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MGIC Investment (MTG) Rises 50% in a Year: More Upside Left?
- Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and a solid capital position MGIC Investment (MTG) well for growth.
- 01/05/2024
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5 Stocks to Watch From the Prospering Multiline Insurance Industry
- Better pricing, product redesigns, technological advancement, high inflation and rate rise are expected to aid multiline insurers like MET, AIG, HIG, MTG and CNO.
- 01/02/2024
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MGIC Investment (MTG) Up 33.2% in a Year: Will the Rally Last?
- MGIC Investment (MTG) stock rallies on the back of higher insurance in force, a decline in loss and claims payments, better housing market fundamentals and prudent capital deployment.
- 12/07/2023
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Are Investors Undervaluing MGIC Investment (MTG) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/05/2023
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Why Is MGIC (MTG) Up 2.5% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 11/30/2023
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4 Dividend-Paying Multiline Insurers to Add to Your Portfolio
- Multiline insurers like MGIC Investment Corporation (MTG), CNO Financial (CNO), Old Republic International Corporation (ORI) and The Hartford Financial Services Group (HIG), which have an impressive dividend history, offer a breather amid volatility.
- 11/28/2023
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MGIC Investment Corporation (MTG) Q3 2023 Earnings Conference Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Dianna Higgins - Head of IR Tim Mattke - CEO Nathan Colson - CFO Conference Call Participants Bose George - KBW Nate Richam - Bank of America Scott Heleniak - RBC Capital Markets Eric Hagen - BTIG Operator Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation Third Quarter 2023 Earnings Call. At this time, all lines have been placed on mute to prevent any background noise.
- 11/01/2023
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MGIC Investment (MTG) Q3 Earnings Top, Insurance in Force Rises
- MGIC Investment (MTG) third-quarter earnings reflect higher insurance in force, premiums and net investment income, partially offset by an increase in expense.
- 11/01/2023
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Compared to Estimates, MGIC (MTG) Q3 Earnings: A Look at Key Metrics
- The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 10/31/2023
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MGIC (MTG) Upgraded to Strong Buy: Here's Why
- MGIC (MTG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 10/30/2023
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5 Multiline Insurers Worth Buying Despite Industry Challenges
- Better pricing, product redesigns, technological advancement, high inflation and rate rise are expected to aid multiline insurers like MET, AIG, HIG, EG and MTG.
- 10/06/2023
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MGIC (MTG) Gains From Insurance Written as Expense Woes Stay
- Solid insurance in force, a decline in loss and claims payments and lower delinquency poise MGIC Investment (MTG) for growth. However, an increase in underwriting and other expenses weigh on margins.
- 08/15/2023
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MGIC Investment (MTG) Q2 Earnings, Revenues Top, Fall Y/Y
- MGIC Investment (MTG) Q2 results reflect higher insurance in force and net investment income, partially offset by higher expenses and lower premiums.
- 08/03/2023
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Compared to Estimates, MGIC (MTG) Q2 Earnings: A Look at Key Metrics
- The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 08/02/2023
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MGIC Investment (MTG) Q2 Earnings and Revenues Surpass Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.81 per share a year ago.
- 08/02/2023
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MGIC Investment stock rises toward a 15-year high as dividend increase boosts yield above 2.7%
- Shares of MGIC Investment Corp. MTG, +0.33% rose 0.4% toward a 15-year high, after the mortgage insurance company raised its dividend by 15%. Shareholders of record on Aug. 10 will be paid, on Aug. 24, a quarterly dividend of 11.5 cents a share, which is up from a previous dividend of 10.0 cents a share.
- 07/27/2023
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Should Value Investors Buy MGIC Investment (MTG) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/06/2023
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MGIC Investment (MTG) Up 24% in a Year: Will the Rally Last?
- MGIC Investment (MTG) stock rallies on the back of higher insurance in force, favorable loss reserve development, new business rewriting and prudent capital deployment.
- 07/05/2023
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3 Insurance Stocks to Buy as Powell Hints at More Rate Hikes
- With interest rate hikes impending, profit margins of insurers are expected to get a boost. Thus, investing in stocks such as Unum Group (UNM), MGIC Investment (MTG) and Radian Group (RDN) seems judicious.
- 06/27/2023
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MGIC's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'
- MGIC Investment Corporation's Q1'23 revenues reached $283.96mn, a YoY decline of 3.62%, with a net income of $154.55mn, declining 11.69%. The company's risk management capabilities, interest rate hedging strategy, and disciplined capital allocation strategy make it a 'buy' rating. MGIC's fair value is estimated at $19.75, with the company undervalued by 23%, and analysts project an average 1Y price increase of 13.60% to a price of $17.29.
- 06/25/2023
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Best Housing Plays, Very Different Stories By Sector
- Housing sector valuations and trends suggest holding Pulte, selling Rocket and Redfin, and buying MGIC and AGNC. Factors affecting the housing industry include a housing shortage, low affordability, excellent mortgage credit quality, low interest rates, and a wide spread between mortgage and 10-year Treasury interest rates. Investment opportunities depend on the specific sector within the housing industry and the impact of these trends on each company.
- 06/12/2023
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2 Real-Estate Related Stocks Showing Signs Of Being Undervalued
- You might not typically think a rising price stock is undervalued, but that looks to be the case with real-estate-related companies Century Communities Inc. NYSE: CCS and MGIC Investment Corp. NYSE: MTG.
- 06/08/2023
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Here's Why Hold Strategy Is Apt for MGIC Investment (MTG)
- MGIC Investment (MTG) stands to gain from higher insurance in force, favorable loss reserve development, new business rewriting and prudent capital deployment.
- 06/05/2023
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Why Is MGIC (MTG) Up 5.8% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 06/02/2023
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MGIC Investment (MTG) Q1 Earnings Top on Higher Persistency
- MGIC Investment's (MTG) Q1 results benefit from higher insurance in force and net investment income. Meanwhile, higher expenses and lower premiums partially offset the positives.
- 05/04/2023
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MGIC Investment (MTG) Q1 Earnings Beat Estimates
- MGIC Investment (MTG) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.60 per share a year ago.
- 05/03/2023
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3 Cheap Stocks to Buy Now That Could Skyrocket in Value
- It's my turn here at InvestorPlace.com to write about buying cheap stocks. Last summer, I wrote two pieces about cheap stocks.
- 04/21/2023
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Why You Should Hold MGIC Investment (MTG) in Your Portfolio
- Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and a solid capital poise MGIC Investment (MTG) for growth.
- 04/05/2023
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MGIC's (MTG) Solid Insurance Written Aids, Expense Woes Stay
- Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and a solid capital position poise MGIC Investment (MTG) well for growth.
- 03/07/2023
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Why Is MGIC (MTG) Down 3.8% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 03/03/2023
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7 Dividend-Paying Stocks to Consider
- Selected using techniques derived from the works of Benjamin Graham, these basic value stocks are trading below book value and pay dividends. Such equities are for those taking a long-term approach to investing without too much regard for the daily ups and downs.
- 02/27/2023
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Buy MGIC: 15% Cash Returns To Investors And Growing
- MGIC reported a strong Q4 of $0.56, up 12% from a year ago. Why I don't worry that MGIC's claims payments will surge.
- 02/03/2023
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MGIC Investment Corp (MTG) Q4 2022 Earnings Call Transcript
- MGIC Investment Corp (NYSE:MTG ) Q4 2022 Earnings Conference Call February 2, 2023 10:00 AM ET Company Participants Dianna Higgins - SVP, IR Timothy Mattke - CEO & Director Nathaniel Colson - EVP & CFO Conference Call Participants Mark DeVries - Barclays Bank Bose George - KBW Mihir Bhatia - Bank of America Merrill Lynch Geoffrey Dunn - Dowling & Partners Securities Eric Hagen - BTIG Douglas Harter - Crédit Suisse Operator Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation Fourth Quarter 2022 Earnings Call. [Operator Instructions].
- 02/02/2023
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MGIC Investment (MTG) Q4 Earnings Surpass Estimates
- MGIC (MTG) delivered earnings and revenue surprises of 8.47% and 12.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/01/2023
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What Would a Recession Mean for MGIC's Earnings?
- The housing market downturn doesn't appear to be affecting the private mortgage insurer yet.
- 01/17/2023
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New Strong Buy Stocks for January 16th
- MTG, SSL, CCEP, OKTA and EURN have been added to the Zacks Rank #1 (Strong Buy) List on January 16, 2022.
- 01/16/2023
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Best Value Stocks to Buy for January 16th
- HGV, CCEP and MTG made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 16, 2022.
- 01/16/2023
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Best Income Stocks to Buy for January 16th
- MTG, SSL and CCEP made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 16, 2022.
- 01/16/2023
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New Strong Buy Stocks for January 11th
- GMAB, OSW, ACDC, EVBG and MTG have been added to the Zacks Rank #1 (Strong Buy) List on January 11 , 2023.
- 01/11/2023
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MGIC Investment Corporation: Strong Buy At 84% Of Book Value
- MGIC Investment Corporation is one of the leading mortgage insurance companies in the United States. The stock trades at just 84% of book, pays a 3.14% dividend and is buying back stock strategically while reducing debt.
- 01/09/2023
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Lower Inflation Signals Are Piling Up - Ways To Take Advantage
- I review 9 important parts of the economy currently showing signs of slowing inflation or deflation. Business costs (PPI) have been declining, a leading indicator of the CPI.
- 01/01/2023
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Bet on These 5 Low Leverage Stocks to Avoid Inflation Woes
- In times of crisis, a prudent investor always looks for stocks that are safe bets instead of looking at only high-growth value companies. You may buy MTG, TA, HWC, CLDT & KNSL.
- 12/29/2022
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3 Insurance Stocks Wall Street Analysts Recommend for 2023
- Technological advancements, exposure growth, better pricing, improving underwriting and strong capital position are aiding insurance players. VOYA, MTG and MCY are among the frontrunners.
- 12/28/2022
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Here's Why You Should Add MGIC Investment (MTG) to Your Kitty
- MGIC Investment (MTG) stands to gain from fewer delinquency notices, favorable loss reserve development, higher persistency and a strong capital position.
- 12/28/2022
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Is MGIC Investment (MTG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/27/2022
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MGIC Investment (MTG) is a Top-Ranked Value Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 12/15/2022
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5 Low Leverage Stocks to Buy Amid U.S. Stock Indices' Rally
- One should choose stocks that provide sustainable returns, which will shield them from incurring huge losses in crisis times. You may buy MTG, TITN, CHX, CLDT & ACLS.
- 12/13/2022
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Should Value Investors Buy MGIC Investment (MTG) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/09/2022
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5 Dividend-Paying Multiline Insurers for a Stable Portfolio
- Multiline insurers like MetLife (MET), Prudential Financial (PRU), The Hartford Financial (HIG), MGIC Investment Corporation (MTG) and Radian Group (RDN), with an impressive dividend history, offer a breather amid volatility.
- 12/02/2022
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Are Investors Undervaluing MGIC Investment (MTG) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/21/2022
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RLI to Hike Shareholders' Value, Okays Special Cash Dividend
- RLI's (RLI) board of directors approved a special cash dividend of $7.00 per share supported by sufficient liquidity and strong cash flow to enhance its shareholders value.
- 11/11/2022
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5 Multiline Insurers to Watch Amid High Inflation and Rate Rise
- Better pricing, product redesigns, technological advancement, high inflation and rate rise are expected to aid multiline insurers like MET, AIG, PRU, MTG and RDN.
- 11/10/2022
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5 Top Stocks to Buy on New Analyst Coverages
- Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Washington Federal (WAFD), HarborOne (HONE), Ladder Capital (LADR), MGIC (MTG) and KKR Real Estate (KREF).
- 11/10/2022
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Best Value Stocks to Buy for November 9th
- CASH, MTG and CRAI made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 9, 2022.
- 11/09/2022
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New Strong Buy Stocks for November 9th
- ENLC, TITN, CRAI, FIX and MTG have been added to the Zacks Rank #1 (Strong Buy) List on November 9, 2022.
- 11/09/2022
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Buy MGIC: Capital-Light Strategy Meets A Housing-Light USA
- MGIC just delivered a terrific Q3. MGIC is well protected against a recession by excellent underwriting standards, active use of reinsurance and a US housing shortage.
- 11/08/2022
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New Strong Buy Stocks for November 7th
- ENLC, HDSN, RDN, DNOW and MTG have been added to the Zacks Rank #1 (Strong Buy) List on November 7, 2022.
- 11/07/2022
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MTG vs. MURGY: Which Stock Should Value Investors Buy Now?
- MTG vs. MURGY: Which Stock Is the Better Value Option?
- 11/04/2022
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MGIC Investment Corporation (MTG) Q3 2022 Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer Conference Call Participants Mark DeVries - Barclays Bose George - KBW Douglas Harter - Credit Suisse Mihir Bhatia - Bank of America Geoffrey Dunn - Dowling Operator Ladies and gentlemen, thank you for standing by and welcome to the MGIC Investment Corporation Third Quarter 2022 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.
- 11/04/2022
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MGIC Investment (MTG) Q3 Earnings Top Estimates, Increase Y/Y
- MGIC Investment's (MTG) Q3 results reflect higher insurance in force, offset by higher expenses and lower premiums.
- 11/03/2022
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Is MGIC Investment (MTG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 11/02/2022
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New Analysts Initiate Coverage: 5 Top-Ranked Stocks to Buy
- Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like HarborOne (HONE), Washington Federal (WAFD), Super Micro (SMCI), MGIC Investment (MTG) and KKR Real Estate (KREF).
- 10/28/2022
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Is MGIC Investment (MTG) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/17/2022
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Best Value Stocks to Buy for October 17th
- TTE, EQNR and MTG made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 17, 2022.
- 10/17/2022
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Best Income Stocks to Buy for October 17th
- MOV, TTE and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 17, 2022.
- 10/17/2022
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New Strong Buy Stocks for October 17th
- PARR, EQNR, MOMO, TTE and MTG have been added to the Zacks Rank #1 (Strong Buy) List on October 17, 2022.
- 10/17/2022
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MGIC Investment (MTG) is a Top-Ranked Value Stock: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 10/13/2022
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MGIC: Yes, Housing Stinks, But Buy This Home Mortgage Insurer
- I argue that: A large decline in home prices is unlikely. Also unlikely is a large rise in the number of unemployed.
- 10/08/2022
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Here's What Makes MGIC Investment (MTG) an Attractive Pick
- MGIC Investment (MTG) is poised to gain from a higher consolidated investment portfolio, investment yields, fewer delinquency notices and a prudent capital deployment.
- 09/12/2022
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4 Value Picks From the Insurance Space for a Soft September
- Better pricing, increase in interest rate, exposure growth and solid capital position should help Arch Capital Group Ltd. (ACGL), American Financial Group, Inc. (AFG), MGIC Investment Corporation (MTG) and Unum Group (UNM) deliver operational excellence and in turn better returns for investors.
- 09/07/2022
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Should Value Investors Buy MGIC Investment (MTG) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/05/2022
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Why MGIC Investment (MTG) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 09/02/2022
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Buy These 5 Stocks With Upgraded Broker Ratings Right Away
- As brokers have a deeper understanding of the stocks, one must follow rating upgrades. We pick BJ's Wholesale Club (BJ), Elevance Health (ELV), MGIC Investment (MTG), Mercer International (MERC) and RCM Technologies (RCMT) as these witness rating upgrades.
- 08/29/2022
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Here's Why MGIC Investment (MTG) is a Great Momentum Stock to Buy
- Does MGIC Investment (MTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/15/2022
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Reasons Why MGIC Investment (MTG) Stock is an Attractive Pick
- MGIC Investment (MTG) is poised to gain from a favorable loss reserve development, higher consolidated investment portfolio and investment yields, and prudent capital deployment.
- 08/12/2022
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Are Investors Undervaluing MGIC Investment (MTG) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/08/2022
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MGIC Investment Corporation (MTG) CEO Tim Mattke on Q2 2022 Results - Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q2 2022 Results Conference Call August 4, 2022 10:00 AM ET Company Participants Dianna Higgins - IR Tim Mattke - CEO Nathan Colson - CFO Conference Call Participants Mark DeVries - Barclays Bose George - KBW Mihir Bhatia - Bank of America Operator Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation Second Quarter 2022 Earnings Call. [Operator Instructions] Please be advised that today's call is being recorded.
- 08/06/2022
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Best Value Stocks to Buy for August 5th
- SU, MTG and TITN made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 5, 2022.
- 08/05/2022
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Best Growth Stocks to Buy for August 5th
- MTG, CSL and MPC made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 5, 2022.
- 08/05/2022
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How This Active Vanguard Stock-Picker Outperforms
- How is the smart money coping with Wall Street's funk? For ideas about how to navigate through a fearsome bear market, check out Sharon Hill of Vanguard.
- 08/05/2022
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Best Income Stocks to Buy for August 5th
- SU, POR, and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 5, 2022.
- 08/05/2022
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MGIC Investment (MTG) Surpasses Q2 Earnings Estimates
- MGIC (MTG) delivered earnings and revenue surprises of 50% and 2.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/03/2022
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Here's Why Investing in MGIC Investment (MTG) is Prudent Now
- MGIC Investment (MTG) is poised to gain from a favorable loss reserve development, higher consolidated investment portfolio and investment yields and effective capital deployment.
- 07/08/2022
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Buy MGIC, Or Are Investors Right That You Could Lose Your House?
- Private mortgage insurer MGIC remains one very cheap stock. Below a 6 P/E, 80% of projected year-end '22 book value. Investor concerns presumably remain about a possible surge in mortgage defaults.
- 06/15/2022
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6 Standout Financial Stocks Selling Below Their Book Value
- These six financial stocks are selling below their book value and are cheap stocks for value investors seeking a bargain. The post 6 Standout Financial Stocks Selling Below Their Book Value appeared first on InvestorPlace.
- 06/14/2022
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Is MGIC Investment (MTG) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/14/2022
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3 Reasons Why MGIC (MTG) Is a Great Growth Stock
- MGIC (MTG) possesses solid growth attributes, which could help it handily outperform the market.
- 06/09/2022
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MGIC Investment (MTG) is a Top-Ranked Growth Stock: Should You Buy?
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 06/08/2022
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MGIC (MTG) Up 3.6% Since Last Earnings Report: Can It Continue?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 06/03/2022
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Reasons Why MGIC Investment (MTG) Stock is a Solid Pick Now
- MGIC Investment (MTG) is poised to gain from a higher investment yield, higher premium yield, decreased ceded premiums and effective capital deployment.
- 05/30/2022
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Is MGIC Investment (MTG) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/27/2022
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Is MGIC (MTG) a Solid Growth Stock? 3 Reasons to Think " Yes "
- MGIC (MTG) could produce exceptional returns because of its solid growth attributes.
- 05/24/2022
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MGIC Investment (MTG) is a Top-Ranked Value Stock: Should You Buy?
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 05/20/2022
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MGIC: Buy This Housing Stock. Let MGIC's Facts Replace Housing Fears
- Mr. Market is scared to death of a housing meltdown, which has pummeled MGIC's stock price. But the actual facts about MGIC's credit risk are far more positive.
- 05/08/2022
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MGIC Investment Corporation (MTG) CEO Tim Mattke on Q1 2022 Results - Earnings Call Transcript
- MGIC Investment Corporation (NYSE:MTG ) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Michael Zimmerman - Senior Vice President of Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer Conference Call Participants Mark Dwelle - RBC Capital Markets Bose George - KBW Geoffrey Dunn - Dowling & Partners Doug Harter - Credit Suisse Operator Good day, and thank you for standing by. Welcome to the MGIC Investment Corporation First Quarter 2022 Earnings Call.
- 05/05/2022
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MGIC Investment (MTG) Q1 Earnings Top, Revenues Fall Y/Y
- MGIC Investment's (MTG) Q1 earnings reflect higher insurance in force, higher premiums and net investment income, offset by higher expenses.
- 05/05/2022
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Why MGIC Investment (MTG) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 05/02/2022
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Why MGIC Investment (MTG) is a Top Value Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 04/11/2022
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Buy MGIC If Selling At Half Of Liquidation Value Seems Cheap To You
- Buy MGIC If Selling At Half Of Liquidation Value Seems Cheap To You
- 04/11/2022
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Reasons Why You Should Retain MGIC Investment (MTG) Stock
- MGIC Investment (MTG) is poised to grow due to lower ceded premiums written, a decreasing delinquency rate, a lower leverage ratio and effective capital deployment.
- 03/10/2022
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Why Is MGIC (MTG) Down 1.7% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock?
- 03/04/2022
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Housing Industry Valuations. They Range From Insanely Cheap To Insanely Expensive
- The homebuilder and mortgage insurance stocks today sell at P/E ratios that are fractions of the S&P 500. Realtors retain high P/E ratios even after significant sell-offs. I review the assumptions investors are implicitly making about the housing market and argue that they are largely driven by emotion, not facts.
- 02/20/2022
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MGIC Investment: Sorting Out This Mortgage Insurer's Strategic Endgame
- MGIC's earnings are confusing to interpret now because it is still in the midst of a strategic transformation.
- 02/07/2022
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MGIC Investment (MTG) Stock: Why The Price Increased
- The stock price of MGIC Investment (NYSE: MTG) increased by 0.4% in the most recent trading session. This is why it happened.
- 02/04/2022
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MGIC Investment Corporation (MTG) CEO Tim Mattke on Q4 2021 Results - Earnings Call Transcript
- MGIC Investment Corporation (MTG) CEO Tim Mattke on Q4 2021 Results - Earnings Call Transcript
- 02/03/2022
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Steven Scruggs' Top 5 Trades of the 4th Quarter
- Steven Scruggs (Trades, Portfolio), manager of the FPA Queens Road Small Cap Value Fund, disclosed last week that his firm's top five trades during the fourth quarter of 2021 included boosts to its holdings of MGIC Investment Corp. ( MTG , Financial) and Oshkosh Corp. ( OSK , Financial) and reductions in its holdings of Treehouse Foods Inc. ( THS , Financial), L.B. Foster Co. ( FSTR , Financial) and Synaptics Inc. ( SYNA , Financial).
- 01/17/2022
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Buy These 4 Breakout Stocks to Get Explosive Returns
- PLAB, MTG, SRTS, and WIT have been selected as the breakout stocks for today.
- 01/12/2022
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Should You Hold MGIC Investment (MTG) Stock in Your Portfolio?
- MGIC Investment (MTG) is poised to grow on the back of decreasing delinquency rate, higher consolidated investment portfolio, lower leverage ratio and effective capital deployment.
- 12/27/2021
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Analyst Downgrades 2 Mortgage Insurers, Names Top Stock Pick
- Now that third-quarter earnings season is over for the mortgage insurance, one analyst refreshed his coverage for the group on Wednesday, including issuing two downgrades. The Analyst: Bank of America analyst Mihir Bhatia issued the following changes to his mortgage insurance coverage:
- 11/17/2021
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The Mortgage Insurers: Ignore Revenues, Watch Cash Flow Per Share - You'll Want To Buy Some
- The lack of revenue growth at present may be hurting the mortgage insurance (MI) stocks. Despite the sluggish revenue growth, cash flow per share is rising steadily for MIs. I explain how that works.
- 11/12/2021
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MGIC Investment (MTG) Q3 Earnings In Line, Revenues Rise Y/Y
- MGIC Investment (MTG) Q3 results reflect a high quality of increased insurance in force, which benefited from a strong housing market, decreased new delinquencies, and improved economic conditions.
- 11/04/2021
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MGIC: Mortgage Insurer Gets The Excess Cash Flowing
- MGIC: Mortgage Insurer Gets The Excess Cash Flowing
- 10/31/2021
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RDN or MTG: Which Is the Better Value Stock Right Now?
- RDN vs. MTG: Which Stock Is the Better Value Option?
- 10/27/2021
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MGIC Investment Corporation Schedules 3rd Quarter 2021 Earnings Call
- MILWAUKEE, Oct. 14, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its third quarter 2021 financial results after the market closes on Wednesday November 3, 2021. A conference call/webcast has been scheduled for 10:00 a.m.
- 10/14/2021
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Housing Industry Picks And Pans - The Supply/Demand Test
- Housing Industry Picks And Pans - The Supply/Demand Test
- 09/27/2021
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MGIC Announces Promotion of Michael E. Jacobson to Senior Vice President, Product Strategy
- MILWAUKEE, Aug. 9, 2021 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Michael "Mike" E. Jacobson to Senior Vice President – Product Strategy.
- 08/09/2021
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MGIC Investment Corporation (MTG) CEO Tim Mattke on Q2 2021 Results - Earnings Call Transcript
- MGIC Investment Corporation (MTG) CEO Tim Mattke on Q2 2021 Results - Earnings Call Transcript
- 08/05/2021
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Mortgage Insurers: Could They Be U.S. Stock Market's Cheapest Value Stocks? There's A Good Chance
- Mortgage insurer stocks are dazzlingly cheap, at about a third of the market P/E. The new MI business model creates low earnings risk and lots of cash flow to shareholders.
- 08/05/2021
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MGIC Investment Corporation Schedules 2nd Quarter 2021 Earnings Call and Releases Monthly Operating Statistics
- MILWAUKEE, July 9, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2021 financial results after the market closes on Wednesday August 4, 2021. A conference call/webcast has been scheduled for 10:00 a.m.
- 07/09/2021
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Farmer Mac And MGIC - The Anti-Banks. Stereotyping Creates Opportunity.
- Farmer Mac and MGIC trade very much with KRE, the Regional Banking Index ETF. Yet neither Farmer Mac nor MGIC are materially influenced by the banks' major driver, long-term interest rates.
- 07/05/2021
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MGIC Investment (MTG) Up 75.4% in a Year: More Room to Run?
- MGIC Investment (MTG) stock rallies on the back of increase in mortgage origination market, higher premium rates on insurance in force and solid capital position.
- 06/23/2021
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Mortgage Insurer MGIC: The Anti-Ape Cash Machine. When You're Ready For Earnings
- MGIC, a $14 stock, has over $16 of net cash per share on its balance sheet. I expect it to generate an additional $11 over the next five years.
- 06/13/2021
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MGIC Investment Corporation Releases Monthly Operating Statistics
- MILWAUKEE, June 7, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of the primary mortgage insurance of its insurance subsidiaries for the month of May 2021. The summary is also available on the company's investor website under Newsroom, Press Releases.
- 06/07/2021
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MGIC Investment's (MTG) CEO Tim Mattke on Q1 2021 Results - Earnings Call Transcript
- MGIC Investment's (MTG) CEO Tim Mattke on Q1 2021 Results - Earnings Call Transcript
- 05/06/2021
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MGIC: The Cash And Capital Positives Amid Confusing Earnings Reports
- Yes, MGIC's revenues declined by 3% year-over-year.
- 05/06/2021
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Recap: MGIC Investment Q1 Earnings
- Shares of MGIC Investment (NYSE:MTG) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were unchanged 0.00% over the past year to $0.42, which were in line with the estimate of $0.42.
- 05/05/2021
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MGIC Investment Corporation Reports First Quarter 2021 Results
- MILWAUKEE, May 5, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2021. Net income for the quarter was $150.0 million, or $0.43 per diluted share, compared with net income of $149.8 million, or $0.42 per diluted share, for the first quarter of 2020.
- 05/05/2021
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MGIC: Five Reasons To Buy It Before The May 5 Earnings Report
- MGIC: Five Reasons To Buy It Before The May 5 Earnings Report
- 04/29/2021
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MGIC Investment Announces Quarterly Dividend of $0.06 Per Share
- MILWAUKEE, April 29, 2021 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share. The dividend is payable on May 27, 2021, to shareholders of record on May 13, 2021.
- 04/29/2021
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MGIC Investment Corporation Schedules 1st Quarter 2021 Earnings Call and Releases Monthly Operating Statistics
- MILWAUKEE, April 7, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its first quarter 2021 financial results after the market closes on Wednesday May 5, 2021. A conference call/webcast has been scheduled for 10:00 a.m.
- 04/07/2021
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Private Mortgage Insurers: The Coming Dividend And Stock Buyback Bonanza
- I wrote recently that a surge in home mortgage defaults is increasingly unlikely, now due to Fed-induced home price inflation. As a result, the four mortgage insurers - MGIC, Radian, Essent and National Mortgage - already have lots of excess capital.
- 03/28/2021
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The Fed's Money Printing Bonanza Makes Me Like The Mortgage Insurers Even More
- The stocks of mortgage insurance companies MGIC, Radian, Essent, and National Mortgage are trading as if a mortgage default disaster is right around the corner. I've been arguing that is unlikely because of a housing shortage and more than a decade of conservative mortgage lending practices.
- 03/21/2021
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Here's Why Investors Should Retain MGIC Investment (MTG) Stock
- MGIC Investment (MTG) is poised to grow on the back of its strong housing market, lower loss and claims and financial flexibility.
- 03/19/2021
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2 Top Financial Stocks Under $20
- These two stocks are primed for growth
- 03/17/2021
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The Private Mortgage Insurance Industry Is BOGO
- The Private Mortgage Insurance Industry Is BOGO
- 03/12/2021
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MGIC Investment Corporation (MTG) CEO Tim Mattke on Q4 2020 Results - Earnings Call Transcript
- MGIC Investment Corporation (MTG) CEO Tim Mattke on Q4 2020 Results - Earnings Call Transcript
- 02/24/2021
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MGIC Investment's (MTG) Q4 Earnings Top, Revenues Fall Y/Y
- MGIC Investment's (MTG) Q4 results reflect strength of the purchase mortgage market and the refinance market as well as the company's solid market presence.
- 02/24/2021
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Recap: MGIC Investment Q4 Earnings
- Shares of MGIC Investment (NYSE:MTG) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 12.24% year over year to $0.43, which beat the estimate of $0.40.
- 02/23/2021
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MGIC Investment Corporation Reports Fourth Quarter 2020 Results
- MILWAUKEE, Feb. 23, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2020. Net income for the quarter was $151.4 million, or $0.44 per diluted share, compared to net income of $177.1 million, or $0.49 per...
- 02/23/2021
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Reiterating My MGIC Buy, Hot Macro News And A Cash Flow Forecast
- Mortgage underwriting keeps getting more conservative. Now more than a decade of tight standards. Housing vacancy data continues to show excess demand over supply for housing.
- 02/05/2021
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Anxious About Bubble? Consider Buying $1.00 Of MGIC For $0.64
- MGIC has net cash of $16.25. Its $239 billion of mortgage insurance in force is worth another at least $3 per share.
- 01/29/2021
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Why Should You Add MGIC Investment (MTG) to Your Portfolio?
- MGIC Investment (MTG) is poised to grow given its strong persistency, higher average investment portfolio balance and financial flexibility.
- 01/18/2021
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MGIC Investment Corporation Schedules 4th Quarter 2020 Earnings Call and Releases Monthly Operating Statistics
- MILWAUKEE, Jan. 11, 2021 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2020 financial results after the market closes on Tuesday, February 23, 2021. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on...
- 01/11/2021
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MGIC Integrates with Mortgage Coach on online borrower conversion platform
- MILWAUKEE, Nov. 18, 2020 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC) (NYSE: MTG) and Mortgage Coach, an industry-leading loan officer presentation solution, jointly announced today the availability of MGIC's mortgage insurance quotes through the Mortgage Coach home loan...
- 11/18/2020
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MGIC: Forecasting A Depression? If Not, Buy This Stock
- MGIC earned $0.43 in operating EPS for Q3, beating estimates. Investors continue to underestimate the substantial reductions in MGIC's credit risk exposure.
- 11/06/2020
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MGIC Investment's (MTG) CEO Tim Mattke on Q3 2020 Results - Earnings Call Transcript
- MGIC Investment's (MTG) CEO Tim Mattke on Q3 2020 Results - Earnings Call Transcript
- 11/06/2020
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MGIC Investment Corporation Reports Third Quarter 2020 Results
- MILWAUKEE, Nov. 4, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the third quarter of 2020. Net income for the quarter was $130.8 million, or $0.38 per diluted share, compared with net income of $176.9 million, or $0.49 per...
- 11/04/2020
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Was The Smart Money Right About MGIC Investment Corporation (MTG)?
- We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Peltz's recent General Electric losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let's examine the smart money sentiment towards MGIC Investment Corporation (NYSE:MTG).
- 11/02/2020
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MGIC Treasurer Lisa Pendergast to retire; Nathan R. Abramowski promoted
- MILWAUKEE, Oct. 30, 2020 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today announced that Lisa Pendergast, who has been with the Company since 1998 and currently serves as Vice President, Treasurer & Investments, is retiring November 2, 2020. Nathan R. Abramowski, the...
- 10/30/2020
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MGIC Investment Announces Quarterly Dividend of $0.06 Per Share
- MILWAUKEE, Oct. 29, 2020 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share. The dividend is payable on November 25, 2020, to shareholders of record on November 11, 2020. About MGIC MGIC...
- 10/29/2020
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ACMAT (OTCMKTS:ACMTA) versus MGIC Investment (OTCMKTS:MTG) Head to Head Comparison
- ACMAT (OTCMKTS:ACMTA) and MGIC Investment (NYSE:MTG) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, valuation, institutional ownership and earnings. Risk & Volatility ACMAT has a beta of -0.23, indicating that its share price is 123% less […]
- 10/09/2020
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Neuberger Berman Group LLC Has $399,000 Stock Holdings in MGIC Investment Corp. (NYSE:MTG)
- Neuberger Berman Group LLC trimmed its holdings in MGIC Investment Corp. (NYSE:MTG) by 85.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,698 shares of the insurance provider’s stock after selling 275,110 shares during the period. Neuberger Berman Group LLC’s holdings in MGIC […]
- 09/30/2020
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Sei Investments Co. Grows Stock Holdings in MGIC Investment Corp. (NYSE:MTG)
- Sei Investments Co. raised its position in shares of MGIC Investment Corp. (NYSE:MTG) by 22.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 295,156 shares of the insurance provider’s stock after purchasing an additional 54,756 shares during the period. Sei Investments Co. owned […]
- 09/25/2020
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Public Employees Retirement System of Ohio Sells 93,506 Shares of MGIC Investment Corp. (NYSE:MTG)
- Public Employees Retirement System of Ohio lowered its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 39.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 140,998 shares of the insurance provider’s stock after selling 93,506 shares during the quarter. Public […]
- 09/24/2020
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Cubist Systematic Strategies LLC Increases Stake in MGIC Investment Corp. (NYSE:MTG)
- Cubist Systematic Strategies LLC increased its position in shares of MGIC Investment Corp. (NYSE:MTG) by 17.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,595 shares of the insurance provider’s stock after buying an additional 35,135 shares during the period. Cubist […]
- 09/19/2020
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AM Best Affirms Credit Ratings of MGIC Investment Corporation’s Operating Subsidiaries
- AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of operating subsidiaries of MGIC
- 09/18/2020
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MGIC Investment Is Swimming In Capital (NYSE:MTG)
- MGIC is highly profitable, growing moderately and generating free capital. Don't get distracted by the Covid-19 stop-start economic news.
- 09/16/2020
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Federated Hermes Inc. Trims Stock Position in MGIC Investment Corp. (NYSE:MTG)
- Federated Hermes Inc. cut its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 6.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 226,873 shares of the insurance provider’s stock after selling 14,711 shares during the period. Federated Hermes Inc. owned […]
- 09/14/2020
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Traders shouldn’t Staggering on this: KeyCorp (NYSE:KEY), MGIC Investment Corporation (NYSE:MTG) - Stocks Equity
- KeyCorp (NYSE:KEY) with the stream of 3.34% also noticed, India MGIC Investment Corporation (NYSE:MTG) encountered a rapid change of 3.29% in the last hour of Thursday’s trading session. KeyCorp (NYSE:KEY) …
- 08/28/2020
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Rafferty Asset Management LLC Has $569,000 Holdings in MGIC Investment Corp. (NYSE:MTG)
- Rafferty Asset Management LLC increased its position in shares of MGIC Investment Corp. (NYSE:MTG) by 473.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,506 shares of the insurance provider’s stock after buying an additional 57,375 shares during the period. Rafferty Asset Management LLC’s […]
- 08/27/2020
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FHFA delays refi fee; fintech buys JPMorgan’s Quorum blockchain platform
- Fannie and Freddie’s regulator said it will delay imposing the 0.5% fee until December 1; JPMorgan Chase is also making a strategic investment in buyer in the fintech, ConsenSys.
- 08/26/2020
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Victory Capital Management Inc. Purchases 67,499 Shares of MGIC Investment Corp. (NYSE:MTG)
- Victory Capital Management Inc. lifted its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 2.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,372,536 shares of the insurance provider’s stock after buying an additional 67,499 shares during the quarter. Victory Capital Management […]
- 08/26/2020
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Mortgage Insurer MGIC Is a Cheap Housing Play
- Builders aren’t the only ones that benefit from a homebuying wave, and private insurers such as MGIC may not be quite as risky as they seem.
- 08/25/2020
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Mortgage Insurers: The Way To Play Housing
- While housing stocks homebuilders and online realtors have done well this year, mortgage insurers - MIs - have been poor performers.
- 08/16/2020
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MGIC Investment Completes Pricing of $650M Senior Notes
- MGIC Investment (MTG) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.
- 08/13/2020
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MGIC Investment Corporation Announces Expiration and Results of Cash Tender Offer for its Outstanding 5.750% Senior Notes Due 2023
- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today the expiration and results of its previously announced cash tender offer (the "Tender Offer") for its 5.750% Senior Notes due 2023 (CUSIP No. 552848AF0) (the "2023 Notes") having an aggregate outstanding principal amount of $425.0 million. The Tender Offer expired at 5:00 p.m., New York City time, on August 12, 2020 (the "Expiration Time").
- 08/13/2020
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MGIC Investment Corporation Announces Completion of Senior Notes Offering
- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today that it completed the public offering and sale of $650 million in aggregate principal amount of 5.250% senior notes due 2028 (the "Notes").
- 08/12/2020
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MGIC Investment's Unit & CUNA Partner for Mortgage Insurance
- MGIC Investment's (MTG) subsidiary brings MGIC PMI to credit unions in collaboration with CUNA Mutual Group
- 08/12/2020
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MGIC promotes Danny Garcia-Velez to Vice President, Business Development
- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Danny Garcia-Velez to Vice President, Business Development.
- 08/11/2020
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CUNA Mutual Group Partners with MGIC to Provide Private Mortgage Insurance to Credit Unions
- CUNA Mutual Group and Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), have announced a partnership to provide private mortgage insurance to credit unions. The new program, known as "CUNA Mutual Group Private Mortgage Insurance, provided by MGIC," makes home ownership more accessible to credit union members by reducing risks for lenders. The partnership between the companies combines more than 150 years of expertise in mortgage insurance and service to credit unions.
- 08/10/2020
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MGIC INVESTMENT CORPORATION : Ex-dividend day for | MarketScreener
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MGIC INVESTMENT CORPORATION : Détachement de dividende | Zone bourse
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Sumitomo Mitsui Trust Holdings Inc. Sells 1,636 Shares of MGIC Investment Corp. (NYSE:MTG)
- Sumitomo Mitsui Trust Holdings Inc. lowered its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,360 shares of the insurance provider’s stock after selling 1,636 shares during […]
- 08/09/2020
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MGIC Investment Corporation -- Moody’s rates MGIC’s senior notes Ba1; assigns shelf ratings
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MGIC Investment's (MTG) Q2 Earnings Miss, Revenues Fall Y/Y
- MGIC Investment's (MTG) second-quarter 2020 results reflect higher insurance in force, offset by lower revenues and increase in primary delinquency loans.
- 08/06/2020
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MGIC Investment Corporation Announces Cash Tender Offer for its Outstanding 5.750% Senior Notes Due 2023
- MGIC Investment Corporation (NYSE: MTG) (the "Company") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of its 5.750% Senior Notes due 2023 (CUSIP No. 552848AF0) (the "2023 Notes") having an aggregate outstanding principal amount of $425.0 million. The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated August 6, 2020 (the "Offer to Purchase").
- 08/06/2020
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MGIC Investment Corporation Announces Commencement of Senior Notes Offering
- MGIC Investment Corporation (NYSE: MTG) (the "Company") announced today that it has commenced a public offering of its Senior Notes due 2028.
- 08/06/2020
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MGIC Investment Corp (MTG) Q2 2020 Earnings Call Transcript
- Ladies and gentlemen, thank you for standing by, and welcome to the MGIC Investment Corporation Second Quarter Earnings Call. Joining me on the call today to discuss the results for the second quarter of year 2020 are Chief Executive Officer, Tim Mattke; and Chief Financial Officer, Nathan Colson.
- 08/05/2020
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Be Sure To Check Out MGIC Investment Corporation (NYSE:MTG) Before It Goes Ex-Dividend
- Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see MGIC...
- 08/05/2020
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MGIC Investment Corporation : Reports Second Quarter 2020 Results | MarketScreener
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MGIC Investment Corporation Reports Second Quarter 2020 Results
- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2020. Net income for the quarter was $14.0 million, or $0.04 per diluted share, compared with net income of $167.8 million, or $0.46 per diluted share, for the second quarter of 2019.
- 08/04/2020
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MGIC Investment Corporation : Announces Lead Independent Director Transition
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MGIC Investment : Announces Quarterly Dividend of $0.06 Per Share | MarketScreener
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MGIC Investment Announces Quarterly Dividend of $0.06 Per Share
- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share.
- 07/30/2020
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Mortgage Guaranty Insurance Corp. -- Moody's announces completion of a periodic review of ratings of MGIC Investment Corporation
- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of MGIC Investment Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- 07/29/2020
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Advisor Group Holdings Inc. Takes Position in MGIC Investment Corp. (NYSE:MTG)
- Advisor Group Holdings Inc. purchased a new position in MGIC Investment Corp. (NYSE:MTG) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 46,599 shares of the insurance provider’s stock, valued at approximately $282,000. A number of other large investors also recently […]
- 07/19/2020
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Welch & Forbes LLC Invests $164,000 in MGIC Investment Corp. (NYSE:MTG)
- Welch & Forbes LLC acquired a new stake in shares of MGIC Investment Corp. (NYSE:MTG) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 20,000 shares of the insurance provider’s stock, valued at approximately $164,000. A number of other hedge funds also recently bought and […]
- 07/19/2020
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Were Hedge Funds Right About Buying MGIC Investment Corporation (MTG)?
- How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
- 07/08/2020
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MGIC Investment Corporation : Schedules 2nd Quarter 2020 Earnings Call and Releases Monthly Operating Statistics | MarketScreener
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MGIC Investment Corporation Schedules 2nd Quarter 2020 Earnings Call and Releases Monthly Operating Statistics
- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 2nd quarter 2020 financial results before the market opens on Wednesday August 5, 2020. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time to discuss the Company's results for the quarter ended June 30, 2020.
- 07/08/2020
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Axa Has $3.36 Million Position in MGIC Investment Corp. (NYSE:MTG)
- Axa reduced its stake in MGIC Investment Corp. (NYSE:MTG) by 32.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 528,700 shares of the insurance provider’s stock after selling 254,900 shares during the period. Axa owned 0.16% of MGIC Investment worth […]
- 07/08/2020
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Jane Street Group LLC Purchases 6,138 Shares of MGIC Investment Corp. (NYSE:MTG)
- Jane Street Group LLC increased its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 32.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 25,255 shares of the insurance provider’s stock after purchasing an additional 6,138 shares during the period. Jane Street Group LLC’s holdings in […]
- 07/08/2020
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Wells Fargo & Company MN Sells 1,699,286 Shares of MGIC Investment Corp. (NYSE:MTG)
- Wells Fargo & Company MN lowered its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 77.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 499,129 shares of the insurance provider’s stock after selling 1,699,286 shares during the period. Wells Fargo & Company MN’s holdings in MGIC Investment were worth $3,169,000 as […]
- 07/08/2020
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Is MGIC Investment (MTG) A Good Stock to Pick Right Now?
- Is MGIC Investment Corporation (MTG) a great pick from the value investor's perspective right now? Read on to know more.
- 07/07/2020
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Magic Software Enterprises Ltd (NASDAQ:MGIC) Sees Significant Growth in Short Interest
- Magic Software Enterprises Ltd (NASDAQ:MGIC) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 38,900 shares, an increase of 112.6% from the June 15th total of 18,300 shares. Currently, 0.1% of the shares of the company are sold short. Based […]
- 07/06/2020
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Here's Why Hold Strategy is Appropriate for MGIC Investment
- MGIC Investment (MTG) is poised to grow given its improved premium, solid new business written and strong persistency, partly offset by high cost.
- 07/03/2020
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Assurant Reveals Property CAT Reinsurance Program for 2020
- Assurant (AIZ) announced its 2020 property catastrophe (CAT) reinsurance program worth $1.15 billion.
- 06/30/2020
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AIG Inks Deal to Intensify Focus on High Net Worth Clients
- AIG is working with Safeco Insurance and Heritage to benefit PCG's upper middle market agents and clients on the back of improved portfolio offerings.
- 06/30/2020
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Here's Why You Should Retain Brown & Brown in Your Portfolio
- Brown & Brown (BRO) is poised to benefit from constant top-line growth and solid cash flow generating abilities.
- 06/30/2020
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Residential Mortgage Default Outlook - A June Update
- Update to my outlook for default rates based on the latest data. Assessing a conservative downside case. Despite it being a volatile week for mortgage insurers,
- 06/30/2020
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Stocks Below $10 That I Like: MGIC Investment
- MGIC Investment is the top private mortgage insurance company in the United States. The company has seen earnings and revenue increase consistently over the las
- 06/28/2020
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Some mortgage ILS' triggered as delinquencies soar due to Covid-19 - Artemis.bm
- Three sponsors of mortgage insurance-linked securities (ILS) transactions have warned investors in the mortgage insurance linked notes that elevated loan
- 06/26/2020
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Here's Why You Should Retain Assurant in Your Portfolio Now
- Assurant (AIZ) is poised to benefit from strong performance at its Global Lifestyle and Global Preneed segments as well as effective capital deployment measures.
- 06/25/2020
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Geode Capital Management LLC Has $26.78 Million Stock Holdings in MGIC Investment Corp. (NYSE:MTG)
- Geode Capital Management LLC grew its position in shares of MGIC Investment Corp. (NYSE:MTG) by 4.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,217,461 shares of the insurance provider’s stock after purchasing an additional 167,023 shares during the quarter. Geode Capital Management […]
- 06/25/2020
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Great Elm Capital Group (NASDAQ:GEC) versus Magic Software Enterprises (NASDAQ:MGIC) Critical Review
- Magic Software Enterprises (NASDAQ:MGIC) and Great Elm Capital Group (NASDAQ:GEC) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, analyst recommendations, profitability, risk and earnings. Analyst Ratings This is a summary of recent ratings and […]
- 06/25/2020
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Two Sigma Advisers LP Buys 302,100 Shares of MGIC Investment Corp. (NYSE:MTG)
- Two Sigma Advisers LP increased its stake in MGIC Investment Corp. (NYSE:MTG) by 21.7% during the first quarter, Holdings Channel.com reports. The firm owned 1,695,655 shares of the insurance provider’s stock after purchasing an additional 302,100 shares during the quarter. Two Sigma Advisers LP’s holdings in MGIC Investment were worth $10,767,000 as of its most […]
- 06/22/2020
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Parametric Portfolio Associates LLC Sells 324,325 Shares of MGIC Investment Corp. (NYSE:MTG)
- Parametric Portfolio Associates LLC decreased its position in shares of MGIC Investment Corp. (NYSE:MTG) by 25.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 966,724 shares of the insurance provider’s stock after selling 324,325 shares during the quarter. […]
- 06/20/2020
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Evolving Mortgage Default Rates Point To Bullish Case For Mortgage Insurers
- An update on mortgage forbearance and default trends. Estimating peak default rates based on what we now know. Impact to the mortgage insurer fair value estimat
- 06/19/2020
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MetLife Unit Reaches Longevity Reinsurance Agreement With PIC
- Stocks Analysis by Zacks Investment Research covering: MetLife Inc, MGIC Investment Corporation, Aegon NV ADR. Read Zacks Investment Research's latest article on Investing.com
- 06/19/2020
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MGIC Investment Is Way Too Cheap Relative To Earnings, Book Value And ROE
- MGIC has roughly $850MM in annual pretax pre-provision earnings to deal with losses. The company has over $1 billion in excess PMIERs capital, which should enab
- 06/18/2020
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Should Value Investors Buy MGIC Investment (MTG) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/16/2020
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Grantham Mayo Van Otterloo & Co. LLC Acquires New Position in MGIC Investment Corp. (NYSE:MTG)
- Grantham Mayo Van Otterloo & Co. LLC acquired a new stake in MGIC Investment Corp. (NYSE:MTG) during the 1st quarter, HoldingsChannel reports. The firm acquired 64,767 shares of the insurance provider’s stock, valued at approximately $411,000. A number of other hedge funds also recently added to or reduced their stakes in MTG. Advisory Alpha LLC […]
- 06/15/2020
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FIDELITY NATIONAL FINANCIAL, INC. : Ex-dividend day for | MarketScreener
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Magic Software Enterprises (NASDAQ:MGIC) Upgraded to “Buy” at Zacks Investment Research
- Magic Software Enterprises (NASDAQ:MGIC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Saturday, Zacks.com reports. The firm currently has a $12.00 target price on the software maker’s stock. Zacks Investment Research‘s target price points to a potential upside of 9.29% from the stock’s […]
- 06/15/2020
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FIDELITY NATIONAL FINANCIAL, INC. : Détachement de dividende | Zone bourse
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Treasurer of the State of North Carolina Purchases 59,520 Shares of MGIC Investment Corp. (NYSE:MTG)
- Treasurer of the State of North Carolina increased its position in shares of MGIC Investment Corp. (NYSE:MTG) by 71.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 143,250 shares of the insurance provider’s stock after purchasing an additional 59,520 shares during the […]
- 06/14/2020
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Federated Hermes Inc. Trims Stock Holdings in MGIC Investment Corp. (NYSE:MTG)
- Federated Hermes Inc. trimmed its holdings in MGIC Investment Corp. (NYSE:MTG) by 33.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,584 shares of the insurance provider’s stock after selling 119,954 shares during the period. Federated Hermes Inc. owned approximately 0.07% of […]
- 06/14/2020
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How Mortgage Insurance Works
- Mortgage insurance helps homebuyers get a mortgage with an affordable, competitive interest rate and a down payment as low as 3%. In exchange, the borrower pays insurance premiums each month, usually for at least several years.
Mortgage insurance gives lenders enough financial security to make lo
- 06/12/2020
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STEWART INFORMATION SERVICES CORPORATION : Ex-dividend day for | MarketScreener
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STEWART INFORMATION SERVICES CORPORATION : Détachement de dividende | Zone bourse
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Shares of several financial service companies are trading lower following an increase in coronavirus cases in some US states that have reopened, leading to concerns of a second wave of the virus. The Fed kept rates at zero and noted it could stay there for as long as it takes for the economy to recover.
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Principal Financial Group Inc. Cuts Position in MGIC Investment Corp. (NYSE:MTG)
- Principal Financial Group Inc. trimmed its position in shares of MGIC Investment Corp. (NYSE:MTG) by 3.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,498,871 shares of the insurance provider’s stock after selling 59,572 shares during the period. Principal Financial Group […]
- 06/10/2020
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Why MGIC Investment's Stock Is Trading Lower Today
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Benzinga's Top Upgrades, Downgrades For June 9, 2020
- Upgrades * B of A Securities upgraded the stock for Occidental Petroleum Corp (NYSE: OXY) from Neutral to Buy. Occidental Petroleum earned ($0.52) in the first quarter, compared to $0.84 in the year-ago quarter. The stock has a 52-week-high of $54.05 and a 52-week-low of $9.00. Occidental Petroleum's stock last closed at $24.40 per share. * For Raymond James Financial Inc (NYSE: RJF), Morgan Stanley upgraded the stock from Equal-Weight to Overweight. In the second quarter, Raymond James Financial showed an EPS of $1.20, compared to $1.81 from the year-ago quarter. The stock has a 52-week-high of $102.45 and a 52-week-low of $54.21. Raymond James Financial's stock last closed at $81.04 per share. * Barclays changed the rating for Universal Health Services Inc (NYSE: UHS) from Equal-Weight to Overweight. In the first quarter, Universal Health Services showed an EPS of $1.73, compared to $2.45 from the year-ago quarter. The stock has a 52-week-high of $157.06 and a 52-week-low of $65.20. Universal Health Services's stock last closed at $111.23 per share. * JMP Securities upgraded the stock for Walker & Dunlop Inc (NYSE: WD) from Market Perform to Market Outperform. In the first quarter, Walker & Dunlop showed an EPS of $1.49, compared to $1.39 from the year-ago quarter. The stock has a 52-week-high of $79.74 and a 52-week-low of $24.55. Walker & Dunlop's stock last closed at $51.78 per share. * Barclays upgraded the stock for Zynga Inc (NASDAQ: ZNGA) from Equal-Weight to Overweight. In the first quarter, Zynga showed an EPS of ($0.11), compared to ($0.14) from the year-ago quarter. The stock has a 52-week-high of $9.92 and a 52-week-low of $5.51. Zynga's stock last closed at $9.15 per share. * For OneSpaWorld Holdings Ltd (NASDAQ: OSW), Jefferies upgraded the stock from Hold to Buy. OneSpaWorld Holdings earned ($0.02) in the first quarter, compared to $0.14 in the year-ago quarter. The stock has a 52-week-high of $17.25 and a 52-week-low of $2.45. OneSpaWorld Holdings's stock last closed at $7.88 per share. * For Energy Transfer LP (NYSE: ET), BMO Capital upgraded the stock from Market Perform to Outperform. Energy Transfer earned $0.16 in the first quarter, compared to $0.35 in the year-ago quarter. The stock has a 52-week-high of $15.26 and a 52-week-low of $3.75. Energy Transfer's stock last closed at $9.35 per share. * For eBay Inc (NASDAQ: EBAY), Wells Fargo upgraded the stock from Underweight to Equal-Weight. eBay earned $0.77 in the first quarter, compared to $0.67 in the year-ago quarter. The stock has a 52-week-high of $51.88 and a 52-week-low of $26.02. eBay's stock last closed at $48.72 per share. * Wells Fargo upgraded the stock for Quest Diagnostics Inc (NYSE: DGX) from Underweight to Equal-Weight. For the first quarter, Quest Diagnostics had an EPS of $0.94, compared to year-ago quarter EPS of $1.40. The stock has a 52-week-high of $125.00 and a 52-week-low of $73.02. Quest Diagnostics's stock last closed at $116.73 per share. * KeyBanc upgraded the stock for Wix.com Ltd (NASDAQ: WIX) from Sector Weight to Overweight. For the first quarter, Wix.com had an EPS of ($0.01), compared to year-ago quarter EPS of $0.03. The stock has a 52-week-high of $231.36 and a 52-week-low of $76.81. Wix.com's stock last closed at $215.23 per share. Downgrades * For Biogen Inc (NASDAQ: BIIB), Bernstein downgraded the stock from Outperform to Market Perform. For the first quarter, Biogen had an EPS of $9.14, compared to year-ago quarter EPS of $6.98. The stock has a 52-week-high of $374.99 and a 52-week-low of $215.78. Biogen's stock last closed at $301.26 per share. * B of A Securities downgraded the stock for Chevron Corp (NYSE: CVX) from Buy to Neutral. Chevron earned $1.58 in the first quarter, compared to $1.39 in the year-ago quarter. The stock has a 52-week-high of $127.00 and a 52-week-low of $51.60. Chevron's stock last closed at $103.26 per share. * For The Walt Disney Co (NYSE: DIS), Consumer Edge Research downgraded the stock from Overweight to Equal-Weight. Walt Disney earned $0.60 in the second quarter, compared to $1.61 in the year-ago quarter. The stock has a 52-week-high of $153.41 and a 52-week-low of $79.07. Walt Disney's stock last closed at $127.36 per share. * For Hasbro Inc (NASDAQ: HAS), Consumer Edge Research downgraded the stock from Overweight to Equal-Weight. Hasbro earned $0.57 in the first quarter, compared to $0.21 in the year-ago quarter. The stock has a 52-week-high of $126.87 and a 52-week-low of $41.33. Hasbro's stock last closed at $83.92 per share. * Guggenheim downgraded the stock for T-Mobile US Inc (NASDAQ: TMUS) from Buy to Neutral. Interestingly, in the first quarter, T-Mobile US's EPS was $1.10. The stock has a 52-week-high of $105.11 and a 52-week-low of $63.50. T-Mobile US's stock last closed at $104.46 per share. * Seaport Global downgraded the stock for PPL Corp (NYSE: PPL) from Neutral to Sell. For the first quarter, PPL had an EPS of $0.67, compared to year-ago quarter EPS of $0.70. The stock has a 52-week-high of $36.83 and a 52-week-low of $18.12. PPL's stock last closed at $30.63 per share. * For KB Home (NYSE: KBH), RBC Capital downgraded the stock from Outperform to Sector Perform. KB Home earned $0.63 in the first quarter, compared to $0.31 in the year-ago quarter. The stock has a 52-week-high of $40.51 and a 52-week-low of $9.82. KB Home's stock last closed at $34.85 per share. * Credit Suisse downgraded the stock for REV Group Inc (NYSE: REVG) from Neutral to Underperform. REV Group earned ($0.09) in the second quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $14.99 and a 52-week-low of $3.50. REV Group's stock last closed at $8.02 per share. * Wells Fargo downgraded the stock for Xenia Hotels & Resorts Inc (NYSE: XHR) from Overweight to Equal-Weight. In the first quarter, Xenia Hotels & Resorts showed an EPS of $0.17, compared to $0.53 from the year-ago quarter. The stock has a 52-week-high of $22.39 and a 52-week-low of $6.14. Xenia Hotels & Resorts's stock last closed at $14.70 per share. * JP Morgan downgraded the stock for CDW Corp (NASDAQ: CDW) from Neutral to Underweight. CDW earned $1.38 in the first quarter, compared to $1.24 in the year-ago quarter. The stock has a 52-week-high of $146.09 and a 52-week-low of $73.39. CDW's stock last closed at $128.29 per share. * Keefe, Bruyette & Woods changed the rating for Essent Group Ltd (NYSE: ESNT) from Outperform to Market Perform. Essent Gr earned $1.52 in the first quarter, compared to $1.30 in the year-ago quarter. The stock has a 52-week-high of $55.84 and a 52-week-low of $17.52. Essent Gr's stock last closed at $41.03 per share. * Keefe, Bruyette & Woods changed the rating for MGIC Investment Corp (NYSE: MTG) from Outperform to Market Perform. In the first quarter, MGIC Investment showed an EPS of $0.42, compared to $0.42 from the year-ago quarter. The stock has a 52-week-high of $15.24 and a 52-week-low of $4.34. MGIC Investment's stock last closed at $10.27 per share. * Keefe, Bruyette & Woods downgraded the stock for NMI Holdings Inc (NASDAQ: NMIH) from Outperform to Market Perform. NMI Holdings earned $0.75 in the first quarter, compared to $0.56 in the year-ago quarter. The stock has a 52-week-high of $35.79 and a 52-week-low of $8.06. NMI Holdings's stock last closed at $19.57 per share. * For Radian Group Inc (NYSE: RDN), Keefe, Bruyette & Woods downgraded the stock from Outperform to Market Perform. For the first quarter, Radian Group had an EPS of $0.80, compared to year-ago quarter EPS of $0.73. The stock has a 52-week-high of $26.32 and a 52-week-low of $9.53. Radian Group's stock last closed at $19.23 per share. * BMO Capital changed the rating for Cheniere Energy Partners LP (AMEX: CQP) from Market Perform to Underperform. For the first quarter, Cheniere Energy Partners had an EPS of $0.84, compared to year-ago quarter EPS of $0.75. The stock has a 52-week-high of $49.30 and a 52-week-low of $17.75. Cheniere Energy Partners's stock last closed at $40.28 per share. * BMO Capital changed the rating for Magellan Midstream Partners LP (NYSE: MMP) from Outperform to Market Perform. For the first quarter, Magellan Midstream had an EPS of $1.28, compared to year-ago quarter EPS of $1.06. The stock has a 52-week-high of $67.75 and a 52-week-low of $22.02. Magellan Midstream's stock last closed at $49.45 per share. Initiations * With a rating of Outperform, RBC Capital initiated coverage on AdaptHealth Corp (NASDAQ: AHCO). The price target is set at $24.00 for AdaptHealth. In the first quarter, AdaptHealth earned $0.00. The stock has a 52-week-high of $18.25 and a 52-week-low of $9.75. AdaptHealth's stock last closed at $16.65 per share. * Cantor Fitzgerald initiated coverage on ContraFect Corp (NASDAQ: CFRX) with an Overweight rating. The price target for ContraFect is set at $15.00. For the first quarter, ContraFect had an EPS of ($0.49), compared to year-ago quarter EPS of ($0.08). The stock has a 52-week-high of $12.10 and a 52-week-low of $0.27. ContraFect's stock last closed at $5.82 per share. * Baird initiated coverage on Herc Holdings Inc (NYSE: HRI) with an Outperform rating. The price target for Herc Holdings is set at $40.00. For the first quarter, Herc Holdings had an EPS of $0.04, compared to year-ago quarter EPS of ($0.23). The stock has a 52-week-high of $50.81 and a 52-week-low of $11.81. Herc Holdings's stock last closed at $35.35 per share. * With a rating of Outperform, Wedbush initiated coverage on Neurocrine Biosciences Inc (NASDAQ: NBIX). The price target is set at $147.00 for Neurocrine Biosciences. Neurocrine Biosciences earned $0.82 in the first quarter, compared to ($1.12) in the year-ago quarter. The stock has a 52-week-high of $128.29 and a 52-week-low of $72.14.
- 06/09/2020
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MGIC Investment Corp shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Outperform to Market Perform.
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Keefe, Bruyette & Woods Downgrades MGIC Investment to Market Perform, Lowers Price Target to $12
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Why Is MGIC (MTG) Up 31.4% Since Last Earnings Report?
- MGIC (MTG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- 06/06/2020
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Shares of several financial services companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy.
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MGIC Investment : AM Best Comments on Credit Ratings of MGIC Investment Corp.'s Operating Subsidiaries Following COVID-19-Related Stress Testing | MarketScreener
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Shares of several financial services companies are trading higher as equities gain amid continued optimism towards a rebound in economic activity, which could lead to a potential rebound in spending and borrowing.
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MGIC Investment Corporation (MTG): Hedge Funds Are Snapping Up
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
- 05/30/2020
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Edited Transcript of MTG earnings conference call or presentation 8-May-20 1:00pm GMT
- Q1 2020 MGIC Investment Corp Earnings Call
- 05/30/2020
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Shares of several financial services companies are trading higher amid economic optimism, stemming from some US states reopening businesses, an increase in mortgage demand figures and positive vaccine sentiment.
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Magic Software Enterprises (NASDAQ:MGIC) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS
- Magic Software Enterprises (NASDAQ:MGIC) issued its earnings results on Tuesday. The software maker reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.04, MarketWatch Earnings reports. Magic Software Enterprises had a return on equity of 10.99% and a net margin of 4.25%. Magic Software Enterprises updated its […]
- 05/27/2020
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Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q1 2020 Results - Earnings Call Transcript
- Magic Software Enterprises Ltd. (NASDAQ:MGIC) Q1 2020 Earnings Conference Call May 26, 2020 10:00 ET Company Participants Guy Bernstein - Chief Executive Office
- 05/26/2020
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Shares of several financial services companies are trading higher as equities gain amid coronavirus vaccine hopes as well as a pickup in economic activity as some US states reopen businesses.
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Mid-Morning Market Update: Markets Open Higher; AutoZone Beats Q3 Expectations
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Compass Point Maintains Buy on MGIC Investment, Lowers Price Target to $13.75
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Quantifying The Private Mortgage Insurers' Significant Upside And Comparing The Firms
- New macro data gives hope for positive default trends. Diving into the differences between the pure-play PMIs. An assessment of fair value and a sensitivity ana
- 05/21/2020
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Shares of several global financial services companies are trading higher as equities gain amid strength in oil, strong earnings from Lowe's, and optimism towards a US economic rebound.
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11 Financial Services Stocks Moving In Monday's Pre-Market Session
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Permit Capital, LLC Buys CVS Health Corp, Qurate Retail Inc, MGIC Investment Corp, Sells ...
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Almitas Capital LLC Buys MMA Capital Management LLC, Ellington Residential Mortgage REIT, MGIC ...
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Shares of several companies in the financial services sector are trading lower amid market weakness, potentially related to cautious comments from Fed Chair Powell, who suggested uncertainty and 'significant' downside risks in the economy. The coronavirus pandemic has slowed economic growth and led to businesses scaling back investment, which has negatively impacted the financial sector.
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Mortgage Insurers: Market's Misunderstanding Creates Significant Opportunity
- Reviewing the misunderstood mortgage insurance business model. Post-mortem analysis of Q1 results and managements' presentations. A recovery to a normalized P/B
- 05/12/2020
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U.S. RESEARCH ROUNDUP-Acushnet Holdings, Equity Residential, Fiserv
- Wall Street securities analysts revised their ratings and price targets
on several U.S.-listed companies, including Acushnet Holdings, Equity Residential and Fiserv, on
Monday.
HIGHLIGHTS
* Acushnet Holdings Corp : Stephens raises target price to $27 from $24
* Equity Residential : Evercore ISI raises to in-line from underperform
* Fiserv Inc : Keybanc raises target price to $115 from $108
* GTT Communications Inc : SunTrust Robinson cuts to hold from buy
* UDR Inc : Evercore ISI raises to in-line from underperform
Following is a summary of research actions on U.S. companies reported by Reuters on Monday.
Stock entries are in alphabetical order.
* Abbvie Inc : SVB Leerink raises price target to $122 from $107
* Accelerate Diagnostics Inc : Piper Sandler cuts target price to $14 from $16
* Acushnet Holdings Corp : Compass Point raises TP to $22.25 from $21.50
* Acushnet Holdings Corp : Keybanc raises target price to $31 from $28
* Acushnet Holdings Corp : Stephens raises target price to $27 from $24
* Advance Auto Parts Inc : UBS raises target price to $140 from $135
* AIG : UBS cuts target price to $45 from $49
* Air Lease Corp : Deutsche Bank cuts target price to $36 from $45
* Air Lease Corp : Stephens raises target price to $36 from $30
* Airgain Inc : Northland Capital Markets raises target price to $23
* Alarm.Com Holdings Inc : Credit Suisse cuts target price to $62 from $64
* Albemarle Corp : RBC raises target price to $66 from $64
* Albemarle Corp : SunTrust Robinson cuts target price to $65 from $90
* Allegiant Travel Co : Evercore ISI cuts target price to $95 from $100
* Allscripts Healthcare Solutions : Canaccord Genuity cuts TP to $11 from $13
* Amdocs Ltd : Citigroup cuts price target to $76 from $83
* Amedisys Inc : Raymond James cuts price target to $210 from $225
* Amedisys Inc : UBS cuts target price to $190 from $208
* American Axle & Manufacturing Holdings : Citigroup raises TP to $7.5 from $6
* American Axle & Manufacturing Holdings : RBC raises target price to $7 from $5
* American Homes 4 Rent : Evercore ISI raises target price to $27 from $25
* Ameriprise Financial Inc : RBC raises target price to $155 from $145
* Amerisourcebergen Corp : Deutsche Bank raises target price to $98 from $93
* Amphastar Pharmaceuticals Inc : BMO raises price target to $21 from $20
* Angi Homeservices Inc : Citigroup raises price target to $10 from $6.5
* Aon Plc : Citigroup cuts price target to $230 from $240
* Aon Plc : KBW raises target price to $192 from $184
* Aon Plc : UBS cuts target price to $197 from $202
* Apache Corp : CFRA cuts to sell from hold; raises price target to $9
* Apache Corp : MKM Partners cuts target price by $1 to $19
* Aptiv Plc : Benchmark cuts price target to $87 from $90
* Arch Capital Group Ltd : UBS cuts target price to $39 from $43
* Atara Biotherapeutics Inc : Jefferies cuts target price to $11 from $13
* Athene Holding Ltd : BMO cuts price target to $60 from $63
* Atricure Inc : BTIG raises target price to $56 from $45
* Atricure Inc : Needham raises target price to $63 from $49
* Atricure Inc : Oppenheimer raises price target to $52 from $45
* Atricure Inc : SVB Leerink raises price target to $55 from $50
* Autonation Inc : CFRA cuts price target by $10 to $50
* Avalonbay Communities Inc : Evercore ISI cuts target price to $181 from $189
* Avista Corp : Guggenheim cuts target price to $38 from $39
* Bain Capital Specialty Finance : Citigroup raises price target to $10 from $7.5
* Ball Corp : Citigroup cuts price target to $86 from $89
* Ball Corp : Northland Capital Markets cuts target price to $80
* Baudax Bio Inc : Oppenheimer cuts price target to $14 from $16
* Bellring Brands Inc : Stifel cuts target price to $23 from $25
* BJ's Restaurants Inc : Deutsche Bank raises target price to $27 from $26
* Bloomin' Brands Inc : BMO raises price target to $10 from $9
* Bloomin' Brands Inc : Deutsche Bank raises target price to $15 from $14
* Bloomin' Brands Inc : Guggenheim raises target price to $15 from $11
* Bloomin' Brands Inc : Raymond James cuts target price to $14 from $15
* BP Midstream Partners LP : Mizuho raises target price to $14 from $13
* Broadridge Financial Solutions : Piper Sandler cuts TP to $120 from $124
* Broadridge Financial Solutions : Rosenblatt Securities ups TP to $115 from $101
* Brookfield Infrastructure Partners LP : BMO raises price target to $46 from $45
* Brookfield Infrastructure Partners LP : Scotiabank cuts Tp to $50 from $51
* Brookfield Property Partners LP : Canaccord Genuity cuts TP to $12 from $13
* Brookfield Property Partners LP : CIBC cuts target price to $18 from $20.50
* Brookfield Property Partners LP : RBC cuts target price to $18 from $22
* Bruker Corp : BTIG cuts price target to $50 from $57
* Cabot Oil & Gas Corp : Tudor Pickering Holt cuts to hold from buy
* Calithera Biosciences Inc : Citigroup raises price target to $10 from $7
* Callaway Golf Co : >: Compass Point cuts target price to $17.50 from $20
* Callaway Golf Co : Compass Point cuts target price to $17.50 from $20
* Camden Property Trust : Evercore ISI cuts target price to $98 from $102
* Camden Property Trust : Stifel raises target price to $96 from $91
* Cardtronics Plc : D.A. Davidson cuts target price to $34 from $40
* Cardtronics Plc : SunTrust Robinson raises target price to $29 from $23
* Cargurus Inc : RBC raises target price to $25 from $22
* Carnival : HSBC raises to buy from hold; cuts target price to $15.9 from $45.3
* Carrier Global Corp : Citigroup raises price target to $20 from $17
* Carvana Co : Oppenheimer raises price target to $127 from $95
* Carvana Co : Oppenheimer raises target price to $127 from $95
* Casella Waste Systems Inc : Jefferies raises target price to $56 from $52
* Casella Waste Systems Inc : Raymond James raises target price to $56 from $49
* Casella Waste Systems Inc : Stifel raises target price to $47 from $45
* Cellectis : Citigroup cuts price target to $15 from $16
* Centurylink Inc : SunTrust Robinson cuts target price to $9 from $10
* Ceridian Hcm Holding Inc : Jefferies raises target price to $65 from $60
* Chevron Corp : Independent Research raises target price to $98 from $90; hold
* CNX Resources Corp : Tudor Pickering Holt cuts to hold from buy
* Cognizant Technology Solutions : Evercore ISI cuts target price to $53 from $55
* Cognizant Technology Solutions Corp : HSBC cuts target price to $56 from $70
* Coherus Biosciences Inc : Citigroup cuts price target to $30 from $31
* Conagra Brands Inc : SunTrust Robinson cuts to hold from buy
* Consolidated Edison Inc : Evercore ISI cuts target price to $85 from $86
* Continental Resources : TD Securities raises target price to $14.50 from $13.50
* Cooper Tire & Rubber Co : JP Morgan cuts target price to $29 from $30
* Corporate Office Properties Trust : SunTrust Robinson raises TP to $28 from $26
* Corteva Inc : RBC raises target price to $31 from $27
* Covanta Holding : Stifel raises to hold from sell; raises TP to $9.50 from $6.50
* Crocs Inc : Piper Sandler raises target price to $28 from $24
* Cross Country Healthcare Inc : BMO cuts price target to $8 from $11
* Cryoport Inc : Stephens raises target price to $23 from $21
* CVR Energy Inc : Credit Suisse raises target price to $19 from $16
* Cytomx Therapeutics Inc : Wedbush raises target price to $16 from $11
* Danaher Corp : Evercore ISI raises target price to $175 from $150
* Danaher Corp : RBC raises target price to $173 from $159
* Datadog Inc : RBC raises target price to $50 from $43
* Dentsply Sirona : Barrington Research cuts to market perform from outperform
* Dentsply Sirona Inc : UBS cuts target price to $44 from $59
* Dicerna Pharmaceuticals : SunTrust Robinson raises target price to $33 from $28
* Diebold Nixdorf Inc : JP Morgan raises target price to $7 from $6
* Diebold Nixdorf Inc : JP Morgan raises to neutral from underweight
* Discovery Inc : Rosenblatt Securities cuts price target to $24 from $27
* Dish Network Corp : RBC cuts target price to $32 from $39
* Domtar : D.A. Davidson cuts to neutral from buy; cuts TP to $26 from $44
* Domtar Corp : Scotiabank cuts target price to $29 from $30
* Domtar Corp : TD Securities raises target price to $26 from $22
* E. W. Scripps Co : Benchmark cuts target price to $15 from $24
* E. W. Scripps Co : Guggenheim raises target price to $8 from $6.50
* Edison Intl.
- 05/11/2020
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Moody's Mark Zandi Says US Economy Might Enter Depression If Second Coronavirus Wave Begins
- Moody’s Analytics chief economist Mark Zandi has warned that the U.S. economy risks a depression should individual states gamble on reopening businesses too soon.
Make...
- 05/11/2020
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Radian And The Mortgage Insurers. The Housing Valuation Outliers. Buy Them.
- The MIs are cheap versus other housing stocks. The federal government is massively supporting homeowners to limit foreclosures. We went into this mess with a he
- 05/10/2020
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MGIC Investment Corp (MTG) Q1 2020 Earnings Call Transcript
- MTG earnings call for the period ending March 31, 2020.
- 05/09/2020
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Edited Transcript of MTG earnings conference call or presentation 8-May-20 1:00pm GMT
- Q1 2020 MGIC Investment Corp Earnings Call
- 05/08/2020
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MGIC Investment's (MTG) Q1 Earnings Beat, Revenues Miss
- MGIC (MTG) Q1 earnings reflect increase in insurance in force and lower credit losses leading to strong capital position, despite lower persistency.
- 05/08/2020
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MGIC INVESTMENT CORPORATION : Ex-dividend day for | MarketScreener
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MGIC Investment : Clarifies Time of May 8, 2020 Earnings Call | MarketScreener
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MGIC Investment Clarifies Time of May 8, 2020 Earnings Call
- On May 7, 2020 MGIC Investment Corporation (NYSE: MTG) issued a press release and filed SEC form 8K that announced that a conference call will be held on May 8, 2020 at 8 a.m. ET. Previously, on April 23, 2020, it was announced that the call would be held at 9 a.m. ET on May 8, 2020.
- 05/07/2020
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MGIC Investment Corporation Reports First Quarter 2020 Results
- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2020. Net income for the quarter was $149.8 million, or $0.42 per diluted share, compared with net income of $151.9 million, or $0.42 per diluted share, for the first quarter of 2019.
- 05/07/2020
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MGIC Investment Q1 EPS $0.430 Beats $0.410 Estimate, Sales $306.900M Beat $305.930M Estimate
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Shares of several global financial services are trading higher amid positive investor sentiment as some US states begin to reopen their economies and as oil prices gain for the session.
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Shares of several global financial services companies are trading lower amid concerns of the economy reopening along with the tensions between China and the US.
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Beach Point Capital Management LP Buys MGIC Investment Corp, Essent Group, NMI Holdings Inc, ...
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Mortgage-related stocks drop as jobless claims rise
- With 3.84M more people filing for unemployment this week, bringing the tally up to 30.2M in the last six weeks, and mortgage rates at an all-time low, mortgage-related stocks are taking a beating agai
- 04/30/2020
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Earnings Preview: MGIC Investment (MTG) Q1 Earnings Expected to Decline
- MGIC (MTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2020
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Earnings Preview: MGIC Investment (MTG) Q1 Earnings Expected to Decline
- MGIC (MTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2020
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MGIC Investment (MTG) Scheduled to Post Quarterly Earnings on Thursday
- MGIC Investment (NYSE:MTG) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link. MGIC Investment (NYSE:MTG) last released […]
- 04/30/2020
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Shares of several global financial services companies are trading lower amid market weakness following US jobless claims and consumer spending data.
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Shares of several global financial services companies are trading higher following positive data from a study of Gilead's Remdesivir, a potential coronavirus treatment candidate. A successful treatment could make a sooner return to economic activity and investment possible.
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Shares of several global financial services companies are trading higher for the session as some US states ease lockdown restrictions and as investors weigh quarterly earnings from blue chip companies.
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Convergence Investment Partners LLC Purchases 5,693 Shares of MGIC Investment Corp. (NYSE:MTG)
- Convergence Investment Partners LLC lifted its position in shares of MGIC Investment Corp. (NYSE:MTG) by 11.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 56,905 shares of the insurance provider’s stock after acquiring an additional 5,693 shares during the quarter. Convergence Investment Partners LLC’s holdings in […]
- 04/26/2020
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Fortem Financial Group LLC Acquires New Holdings in MGIC Investment Corp. (NYSE:MTG)
- Fortem Financial Group LLC purchased a new stake in MGIC Investment Corp. (NYSE:MTG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 10,766 shares of the insurance provider’s stock, valued at approximately $68,000. Several other institutional investors and hedge funds have also recently […]
- 04/25/2020
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MGIC Investment Announces Quarterly Dividend of $0.06 Per Share and Schedules 1st Quarter 2020 Earnings Call
- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share.
- 04/23/2020
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MGIC Investment Sees Unusually High Options Volume (NYSE:MTG)
- MGIC Investment Corp. (NYSE:MTG) saw unusually large options trading activity on Tuesday. Traders bought 3,272 call options on the company. This represents an increase of 521% compared to the typical volume of 527 call options. MGIC Investment stock opened at $5.94 on Thursday. The stock has a market cap of $2.01 billion, a P/E ratio […]
- 04/23/2020
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Shares of several global financial services companies are trading higher as equities gain driven by a rebound in oil.
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Shares of several global financial services companies are trading higher as oil prices potentially stabilize following recent crash.
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Unusually active option classes on open April 21st MTG;BP;STNG;BYND;OPK;BB;TNA;KO;INO;SQQQ
- Unusually active option classes on open April 21st MTG BP STNG BYND OPK BB TNA KO INO SQQQ
- 04/21/2020
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Macquarie Group Ltd. Has $63.27 Million Stock Position in MGIC Investment Corp. (NYSE:MTG)
- Macquarie Group Ltd. boosted its holdings in shares of MGIC Investment Corp. (NYSE:MTG) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,465,342 shares of the insurance provider’s stock after buying an additional 263,001 shares during the period. Macquarie […]
- 04/20/2020
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Shares of several global financial services companies are trading lower as equities fall amid a decline in US oil prices. The drop in oil has raised concerns over the economic impact of the coronavirus pandemic.
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Mortgage Guaranty Insurance takes measured approach to allowing hardship withdrawals
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MGIC Investment (NYSE:MTG) Shares Down 3% on Analyst Downgrade
- MGIC Investment Corp. (NYSE:MTG) shares traded down 3% on Tuesday after Deutsche Bank lowered their price target on the stock from $18.50 to $14.00. Deutsche Bank currently has a buy rating on the stock. MGIC Investment traded as low as $6.56 and last traded at $6.43, 181,238 shares were traded during trading. A decline of […]
- 04/15/2020
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MGIC: Mortgage Insurers Sobering Up
- The pandemic obviously changes the mortgage insurers' (MGIC, Radian, Essent and NMI) story materially. To get a handle on new reasonable price targets, I employ
- 04/15/2020
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Shares of several banks and financial services companies are trading lower after major US banks reporter mixed quarterly earnings. Overall market weakness also being driven by a drop in US March retail sales and a decline in oil prices.
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Deutsche Bank Maintains Buy on MGIC Investment, Lowers Price Target to $14
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MGIC (MTG) Surges: Stock Moves 9.4% Higher
- MGIC (MTG) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 04/13/2020
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MGIC (MTG) Surges: Stock Moves 9.4% Higher
- MGIC (MTG) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 04/13/2020
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Franklin Resources Inc. Reduces Holdings in MGIC Investment Corp. (NYSE:MTG)
- Franklin Resources Inc. lowered its position in shares of MGIC Investment Corp. (NYSE:MTG) by 29.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,210 shares of the insurance provider’s stock after selling 45,940 shares during the period. Franklin Resources Inc.’s holdings in MGIC Investment […]
- 04/13/2020
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MGIC Investment (NYSE:MTG) Shares Gap Up to $6.46
- MGIC Investment Corp. (NYSE:MTG) shares gapped up before the market opened on Wednesday . The stock had previously closed at $6.75, but opened at $6.46. MGIC Investment shares last traded at $7.00, with a volume of 371,752 shares trading hands. Several brokerages have commented on MTG. ValuEngine downgraded shares of MGIC Investment from a “sell” […]
- 04/10/2020
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B. Riley Comments on MGIC Investment Corp.'s Q1 2020 Earnings (NYSE:MTG)
- MGIC Investment Corp. (NYSE:MTG) – B. Riley decreased their Q1 2020 earnings per share estimates for shares of MGIC Investment in a research note issued to investors on Monday, April 6th. B. Riley analyst R. Binner now expects that the insurance provider will earn $0.36 per share for the quarter, down from their prior estimate […]
- 04/10/2020
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Are Options Traders Betting on a Big Move in MGIC (MTG) Stock?
- Investors need to pay close attention to MGIC (MTG) stock based on the movements in the options market lately.
- 04/09/2020
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Are Options Traders Betting on a Big Move in MGIC (MTG) Stock?
- Investors need to pay close attention to MGIC (MTG) stock based on the movements in the options market lately.
- 04/09/2020
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MGIC Investment Corp. (NYSE:MTG) Holdings Decreased by Jane Street Group LLC
- Jane Street Group LLC cut its holdings in MGIC Investment Corp. (NYSE:MTG) by 49.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,117 shares of the insurance provider’s stock after selling 18,360 shares during the quarter. Jane Street Group LLC’s […]
- 04/09/2020
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Are Options Traders Betting on a Big Move in MGIC (MTG) Stock?
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Alliancebernstein L.P. Has $6.79 Million Stock Position in MGIC Investment Corp. (NYSE:MTG)
- Alliancebernstein L.P. lifted its position in MGIC Investment Corp. (NYSE:MTG) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 478,928 shares of the insurance provider’s stock after buying an additional 19,400 shares during the quarter. Alliancebernstein L.P. owned about 0.14% of […]
- 04/08/2020
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MGIC Investment Sees Unusually Large Options Volume (NYSE:MTG)
- MGIC Investment Corp. (NYSE:MTG) saw unusually large options trading on Monday. Traders acquired 1,303 put options on the company. This is an increase of approximately 536% compared to the typical volume of 205 put options. Shares of MTG opened at $6.46 on Wednesday. MGIC Investment has a 52-week low of $4.34 and a 52-week high […]
- 04/08/2020
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Shares of several financial services companies are trading higher amid optimism that coronavirus cases around the world are potentially easing. Global slowing cases could raise hopes of a sooner return to spending, economic activity and investment.
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Geode Capital Management LLC Buys 97,757 Shares of MGIC Investment Corp. (NYSE:MTG)
- Geode Capital Management LLC grew its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 2.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 4,050,438 shares of the insurance provider’s stock after acquiring an additional 97,757 shares during the quarter. Geode Capital Management LLC […]
- 04/07/2020
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LG Display Co Ltd. (LPL): Hedge Fund Sentiment Unchanged
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/07/2020
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Shares of several financial companies are trading higher amid optimism that coronavirus cases in Asia are potentially easing. Global slowing cases could raise hopes of a sooner return to spending, economic activity, and investment.
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Fannie, Freddie downgraded to Sell with $1 targets at B. Riley FBR FNMA;FMCC;MTG;NMIH
- Fannie, Freddie downgraded to Sell with $1 targets at B. Riley FBR B. Riley FBR FNMA FMCC MTG NMIH
- 04/06/2020
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Move big into mortgage insurers after these regulatory announcements, BTIG says
- News is free at Seeking Alpha.This post is a Notable Call. Notable Calls are a Premium feature.To access this and other Notable Calls, try a free trial to Seeking Alpha Premium.
- 04/06/2020
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Shares of several financial services stocks are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak & global oil producers appear to be working toward production cooperation.
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Nuveen Asset Management LLC Buys 881,387 Shares of MGIC Investment Corp. (NYSE:MTG)
- Nuveen Asset Management LLC boosted its stake in MGIC Investment Corp. (NYSE:MTG) by 25.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,386,241 shares of the insurance provider’s stock after acquiring an additional 881,387 shares during the period. Nuveen Asset Management […]
- 04/05/2020
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Bank of America Corp DE Sells 320,130 Shares of MGIC Investment Corp. (NYSE:MTG)
- Bank of America Corp DE lessened its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 23.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,033,180 shares of the insurance provider’s stock after selling 320,130 shares during the period. Bank of America Corp […]
- 04/04/2020
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MGIC Investment (NYSE:MTG) Shares Gap Down to $6.97
- Shares of MGIC Investment Corp. (NYSE:MTG) gapped down prior to trading on Tuesday . The stock had previously closed at $6.37, but opened at $6.97. MGIC Investment shares last traded at $6.45, with a volume of 182,120 shares. Several analysts have commented on the stock. Bank of America raised shares of MGIC Investment from an […]
- 04/02/2020
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Connor Clark & Lunn Investment Management Ltd. Has $5.62 Million Stock Position in MGIC Investment Corp. (NYSE:MTG)
- Connor Clark & Lunn Investment Management Ltd. reduced its stake in shares of MGIC Investment Corp. (NYSE:MTG) by 14.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 396,692 shares of the insurance provider’s stock after selling 69,165 shares during the period. Connor Clark & Lunn Investment […]
- 04/02/2020
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Additional Information Regarding The MGIC Investment Corporation Annual Meeting Of Shareholders To Be Held On Thursday, April 23, 2020
- MGIC Investment Corporation (NYSE: MTG) today made the following announcement. The following Notice of Change of Location and Notice of Change in Voting Instructions relates to the proxy statement (the "Proxy Statement") of MGIC Investment Corporation (the "Company"), dated March 20, 2020, furnished to shareholders of the Company in connection with the solicitation of proxies by the Board of Directors of the Company for use at the Annual Meeting of Shareholders (the "Annual Meeting") to be held on Thursday, April 23, 2020. This additional information is being filed with the Securities and Exchange Commission and is being made available to shareholders on or about April 1, 2020.
- 04/01/2020
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10 Financial Services Stocks Moving In Wednesday's Pre-Market Session
- Losers
• NexPoint Strategic, Inc. (NYSE:NHF) stock plummeted 10.27% to $7.43 during Wednesday's pre-market session.
• HSBC Holdings, Inc. (NYSE:HSBC) stock plummeted...
- 04/01/2020
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BofA turns to bull from bear on MGIC Investment
- Bank of America Global Research gives MGIC Investment (NYSE:MTG) a double upgrade, boosting its rating to Buy from Underperform.Sets price target at $9; implies a 42% upside potential.Cuts Radian Grou
- 04/01/2020
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MGIC Investment Corp. (NYSE:MTG) Shares Bought by Cubist Systematic Strategies LLC
- Cubist Systematic Strategies LLC raised its stake in MGIC Investment Corp. (NYSE:MTG) by 11.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 135,337 shares of the insurance provider’s stock after purchasing an additional 13,511 shares during the period. Cubist Systematic Strategies LLC’s holdings in MGIC Investment were worth $1,918,000 as of its most recent […]
- 04/01/2020
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Shares of several banks and financial services companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The coronavirus has led to lower investment and economic activity across sectors.
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MGIC Investment (NYSE:MTG) Stock Price Down 12.5%
- Shares of MGIC Investment Corp. (NYSE:MTG) dropped 12.5% during mid-day trading on Monday . The stock traded as low as $6.54 and last traded at $6.97, approximately 5,981,350 shares changed hands during trading. An increase of 34% from the average daily volume of 4,454,265 shares. The stock had previously closed at $7.97. MTG has been […]
- 03/31/2020
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How the $2 Trillion COVID-19 Relief Law Impacts Banking
- Third and biggest federal aid package — so far — provides ease for consumer, business and mortgage borrowers & help to banks & credit unions.
- 03/30/2020
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Axa Raises Position in MGIC Investment Corp. (NYSE:MTG)
- Axa grew its position in MGIC Investment Corp. (NYSE:MTG) by 13.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 783,600 shares of the insurance provider’s stock after buying an additional 91,000 shares during the period. Axa owned approximately 0.22% of MGIC Investment worth $11,104,000 as of its […]
- 03/29/2020
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BRIEF-Mgic Investment Withdraws All Guidance Issued On Feb 4
- MGIC Investment Corp:
- 03/27/2020
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What Is MGIC Investment's (NYSE:MTG) P/E Ratio After Its Share Price Tanked?
- Unfortunately for some shareholders, the MGIC Investment (NYSE:MTG) share price has dived 35% in the last thirty days...
- 03/27/2020
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What Is MGIC Investment’s (NYSE:MTG) P/E Ratio After Its Share Price Tanked?
- Unfortunately for some shareholders, the MGIC Investment (NYSE:MTG) share price has dived 35% in the last thirty days...
- 03/27/2020
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90 Biggest Movers From Yesterday
- Gainers
Granite Point Mortgage Trust Inc. (NYSE: GPMT) shares jumped 202.7% to close at $6.81 on Thursday. JMP Securities upgraded Granite Point Mortgage from Market Perform to...
- 03/27/2020
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Brokers Set Expectations for MGIC Investment Corp.'s FY2021 Earnings (NYSE:MTG)
- MGIC Investment Corp. (NYSE:MTG) – Analysts at B. Riley decreased their FY2021 EPS estimates for shares of MGIC Investment in a report issued on Monday, March 23rd. B. Riley analyst R. Binner now anticipates that the insurance provider will post earnings of $1.65 per share for the year, down from their previous forecast of $2.05. […]
- 03/27/2020
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Hedge Funds Have Never Been This Bullish On Cree, Inc. (CREE)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/26/2020
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Hedge Funds Have Never Been This Bullish On Pan American Silver Corp. (PAAS)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/26/2020
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Hedge Funds Have Never Been This Bullish On Seaboard Corporation (SEB)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/26/2020
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Is MGIC Investment Corporation (MTG) A Good Stock To Buy?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P; 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/26/2020
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Major Wisconsin companies switch to virtual shareholder meetings due to COVID-19
- Gale Klappa of WEC Energy Group
- 03/26/2020
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MKM stays bullish on private mortgage insurers
- MKM analyst Harry Fong reiterates Buy ratings at the four private mortgage insurers he covers, noting that the industry "is far stronger than it was going into the financial crisis."He cites m
- 03/26/2020
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MKM Partners sees Mortgage Insurers as attractively valued ACGL;ESNT;MGIC;RDN
- MKM Partners sees Mortgage Insurers as attractively valued MKM Partners ACGL ESNT MGIC RDN
- 03/26/2020
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MGIC Investment Corp. (NYSE:MTG) to Post FY2020 Earnings of $1.65 Per Share, B. Riley Forecasts
- MGIC Investment Corp. (NYSE:MTG) – Research analysts at B. Riley lowered their FY2020 EPS estimates for shares of MGIC Investment in a research report issued to clients and investors on Monday, March 23rd. B. Riley analyst R. Binner now expects that the insurance provider will earn $1.65 per share for the year, down from their […]
- 03/26/2020
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Shares of several financial services and global banks companies are trading higher after the Senate passed a $2 trillion stimulus package in relief to the coronavirus outbreak.
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Mortgage servicers gain with Heights' expectations of funding facility
- The Fed and the Treasury Department may create a funding facility for mortgage servicers, using some of the funds earmarked in the draft coronavirus relief legislation now under discussion, writes Hei
- 03/25/2020
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