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MGIC Investment (MTG)

(Delayed Data from NYSE)

$23.52 USD

23.52
2,689,216

-0.04 (-0.17%)

Updated Nov 4, 2024 04:00 PM ET

After-Market: $23.54 +0.02 (0.09%) 4:30 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value F Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (89 out of 250)

Industry: Insurance - Multi line

Better trading starts here.

Zacks News

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Bright Near-Term Outlook for Multiline Insurance Industry

Better pricing, reinsurance arrangements, product redesigns and strong capital reserve should help Multiline Insurers weather this difficult operating environment.

MetLife Unit Reaches Longevity Reinsurance Agreement With PIC

MetLife's (MET) subsidiary Metropolitan Tower Life Insurance Company inks a deal to penetrate the U.K. longevity reinsurance market.

AIG's Business Rejig to Boost Core Assets, Revenue Dip a Woe

Sale of a number of non-core operations makes AIG's business brisk and deepens its focus on high-growth areas. However, weak economic conditions might keep revenues under pressure.

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.

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.

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.

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.

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.

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.

MGIC (MTG) Down 10.2% Since Last Earnings Report: Can It Rebound?

MGIC (MTG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Upbeat Near-Term Outlook for Multiline Insurance Industry

Rise in insurance rates for most business lines, product upgrade, strong capital levels and investment in technology are expected to bode well for Mutiline insurers.

Radian Okays Dividend Hike & Buyback to Reward Shareholders

Radian (RDN) clears a quarterly dividend hike and also approves a share buyback to boost its shareholder value supported by its solid capital position.

MGIC (MTG) Q4 Earnings & Revenues Beat Estimates, Up Y/Y

MGIC Investment's (MTG) Q4 results reflect revenue gains from increase in premiums earned.

MGIC Investment (MTG) Surpasses Q4 Earnings and Revenue Estimates

MGIC (MTG) delivered earnings and revenue surprises of 16.67% and 1.44%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

MGIC Investment (MTG) Reports Next Week: What to Expect

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.

Prudential's (PRU) Unit Expands Travel Assistance Offerings

Prudential's (PRU) arm chooses IMG to upgrade its travel assistance suite and a new insurance product.

Why is Hold Strategy Appropriate for CNO Financial (CNO) Now?

Riding high on its growing top line, reducing costs and an impressive capital position, CNO Financial (CNO) is well placed to benefit its investors.

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.

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Avoid AIG, Add These 3 Insurance Stocks to Your Portfolio

While AIG's headwinds weigh on its margins, other industry players look attractive with high prospects.

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MetLife Hits New 52-Week High: What's Driving the Rally?

MetLife (MET) benefits from recent deals and strong operating performance.

The Zacks Analyst Blog Highlights: RenaissanceRe, MGIC Investment, Hallmark Financial Services and Trupanion

The Zacks Analyst Blog Highlights: RenaissanceRe, MGIC Investment, Hallmark Financial Services and Trupanion

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