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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%) 6:12 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

RenaissanceRe's (RNR) Q3 Earnings Miss Estimates, Tumble Y/Y

RenaissanceRe's (RNR) third-quarter earnings suffer catastrophe events and high costs.

Marsh & McLennan's (MMC) Q3 Earnings Surpass, Decline Y/Y

Marsh & McLennan's (MMC) third-quarter results benefit from solid revenues.

Loews (L) Q3 Earnings Miss Estimates, Revenues Rise Y/Y

Loews (L) Q3 results reflect disappointing performance of CNA Financial and Diamond Offshore.

Top Ranked Momentum Stocks to Buy for October 28th

Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, October 28th

First American (FAF) Q3 Earnings and Revenues Top Estimates

First American Financial (FAF) Q3 results reflect increase in revenues driven by higher contribution from both its segments.

Aon plc's (AON) Q3 Earnings Beat Estimates, Improve Y/Y

Aon plc's (AON) third-quarter results gain traction from an improved revenue stream.

Globe Life (GL) Q3 Earnings Beat Estimates, Improve Y/Y

Globe Life (GL) Q3 results reflect higher premiums, increased net investment income and higher underwriting income.

MGIC (MTG) Q3 Earnings Beat Estimates, Revenues Rise Y/Y

MGIC Investment (MTG) Q3 results reflect favorable persistency, increase in net premiums earned and higher net investment income.

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.

Tanuka De headshot

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.