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MGIC Investment (MTG)

(Delayed Data from NYSE)

$24.82 USD

24.82
1,309,912

+0.64 (2.65%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $24.81 -0.01 (-0.04%) 7:58 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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1-Strong Buy of 5 1        

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 B Momentum D 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 18% (45 out of 251)

Industry: Insurance - Multi line

Better trading starts here.

Zacks News

W.R. Berkley (WRB) Q3 Earnings Beat Estimates, Improve Y/Y

W.R. Berkley (WRB) Q3 results reflect higher increased net written premium from both the segments and higher operating income.

Travelers' (TRV) Q3 Earnings Miss Estimates, Decline Y/Y

Travelers' (TRV) Q3 earnings reflect net unfavorable prior year reserve development.

Insurers Reporting Q3 Earnings on Oct 22: TRV, MTG, WRB

Insurers' Q3 earnings are likely to have benefited from improved pricing, reinsurance agreements. However, catastrophe losses and lower interest rate might have acted as partial offsets.

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Bleak Near-Term Outlook for Multiline Insurance Industry

The Multiline Insurance Industry should benefit from better pricing and a solid capital level. However, a declining rate environment is a concern.

Here's Why Hold Strategy is Apt for MGIC Investment (MTG)

MGIC Investment (MTG) is poised to grow over the long term given its operational excellence and growth initiatives.

MGIC Investment Records Solid Insurance in Force in August

MGIC Investment's (MTG) August operating business statistics reflect improved insurancea in force and decline in delinquent inventory.

Hartford Financial (HIG) Up 34% YTD: More Room to Run?

Hartford Financial's (HIG) divestments and acquisitions besides improving investment income are likely to aid its top line, which in turn, should boost its share price.

W.R. Berkley (WRB) Rises 46% YTD: Will the Rally Continue?

W.R. Berkley's (WRB) operational excellence and growth initiatives help the stock continue the bull run.

MGIC (MTG) Down 8.6% 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.

Assurant Surges 37% Year to Date: Will the Rally Continue?

Assurant's (AIZ) operational excellence and growth initiatives help the stock continue the bull run.

Assurant (AIZ) Beats Earnings and Revenue Estimates in Q2

Assurant (AIZ) Q2 earnings reflect contributions from The Warranty Group and Global Lifestyle's strong mobile growth.

Sun Life (SLF) Q2 Earnings Rise Y/Y, Asset Management Grows

Sun Life's (SLF) Q2 reflects business growth, favorable expense experience and benefits from tax related items primarily in the United States.

Prudential (PRU) Q2 Earnings Miss Estimates, Revenues Top

Prudential (PRU) Q2 earnings reflect solid performance at PGIM, U.S. Workplace Solutions and International Insurance, partly offset by weak U.S. Individual Solutions.

Genworth Financial (GNW) Q2 Earnings, Revenues Top Estimates

Genworth Financial (GNW) Q2 reflects improved revenues offset by increase in expenses.

MGIC Investment (MTG) Q2 Earnings Beat Estimates, Shares Up

MGIC Investment (MTG) Q2 reflects strong persistency and increase in new insurance writings along with lower delinquency and decline in credit losses.

Why Should You Add American International to Your Portfolio?

Riding high on strategic divestitures, buyouts and cost-cutting efforts, American International (AIG) holds potential to reap benefits for investors.

Why Adding MetLife (MET) to Your Portfolio Makes Sense

Riding high on a strong revenue base and solid business realignment measures, MetLife (MET) holds great potential to reap benefits for investors.

Radian Group (RGA) Announces Pricing of $450M Senior Notes

Radian Group (RDN) raised the size of the senior notes offering to $450 million from $350 million announced earlier and priced the same at a coupon rate of 4.875% per year.

MGIC Investment's (MTG) May Insurance in Force Impressive

MGIC Investment's (MTG) insurance in force was $213.3 billion, up 7% year over year.

Should Value Investors Pick MGIC Investment (MTG) Stock?

Is MGIC Investment (MTG) a great pick from the value investor's perspective right now? Read on to know more.

Why Should You Add Hartford Financial to Your Portfolio?

Riding high on strategic initiatives and an impressive capital position, Hartford Financial (HIG) holds immense potential to reap benefits for investors.

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Multiline Insurance Industry Near-Term Prospects Bright

The Multiline Insurance industry remains well poised on improved premium pricing, increasing adoption of technologies and a solid capital level.

Hartford Financial, Mimecast Partner on Cyber Security Drive

Hartford Financial (HIG) teams up with Mimecast to offer training programs for keeping cyber threats at bay.

MGIC (MTG) Down 2.3% 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.

Top Ranked Value Stocks to Buy for May 10th

Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 10th.