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MGIC Investment (MTG)

(Delayed Data from NYSE)

$23.52 USD

23.52
2,691,843

-0.04 (-0.17%)

Updated Nov 4, 2024 04:00 PM ET

After-Market: $23.54 +0.02 (0.09%) 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 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%.

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

Top 36% (89 out of 250)

Industry: Insurance - Multi line

Zacks News

RLI Benefits From Premium Growth, Rising Costs a Concern

RLI continues to gain from consistent premium growth, better investment results and a strong capital position. However, exposure to cat loss and rising expenses are spoilers.

Brown & Brown (BRO) Unit Buyout to Enrich Service Portfolio

Brown & Brown (BRO) arm buys Rodman Insurance, which is anticipated to add substance to the company's service portfolio via a comprehensive suite of P&C insurance products and services.

Assurant (AIZ) Rewards Shareholders With 7% Dividend Hike

Assurant (AIZ) instills investors' confidence in the stock with a dividend increase of 7%.

ProAssurance (PRA) Q3 Earnings Beat Estimates, Decrease Y/Y

ProAssurance's (PRA) Q3 earnings gain from higher premiums across all segments

Manulife Financial (MFC) Q3 Earnings Rise on Business Growth

Solid segmental performances across Asia, United States plus Global Wealth and Asset Management as well as higher APE sales and AUM drive Manulife Financial's (MFC) Q3 performance.

Prudential Financial (PRU) Q3 Earnings & Revenues Top, Up Y/Y

Higher revenues, solid performance at International Insurance business line and increased expenses find reflections in Prudential Financial's (PRU) Q3 results.

Kemper (KMPR) Q3 Earnings & Revenues Top Estimates, Up Y/Y

Kemper's (KMPR) Q3 rides on strong earnings and double-digit growth in specialty auto business, a consistent stability in life and health results plus solid gains in investment income.

Assurant (AIZ) Q3 Earnings Beat Estimates, Revenues Improve

Robust revenues and solid performance at Global Lifestyle, Global Preneed and Global Housing segments drove Assurant's (AIZ) Q3 results.

American Equity (AEL) Q3 Earnings Beat Estimates, Surge Y/Y

Higher revenues, better investment results and an increased sales volume find reflections in American Equity's (AEL) Q3 performance.

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.

Lincoln National's (LNC) Q3 Earnings Surpass, Increase Y/Y

Lincoln National's (LNC) third-quarter earnings gain on the back of solid segmental performances and a prudent capital management.

Alleghany (Y) Earnings Miss Estimates in Q3, Improve Y/Y

Alleghany's (Y) Q3 scores mainly on higher revenues, a solid performance at TransRe and better investment results.

MetLife (MET) Q3 Earnings Top Estimates on Volume Growth

MetLife (MET) Q3 encourages with volume growth, favorable underwriting, expense management and an improved investment income.

Radian Group (RDN) Q3 Earnings Beat Estimates, Improve Y/Y

Rise in mortgage insurance in force, higher premiums and new mortgage insurance written boost Radian Group's (RDN) Q3 earnings.

CNO Financial's (CNO) Q3 Earnings Beat Estimates, Up Y/Y

CNO Financial's (CNO) bottom line gains from a lower Federal income tax rate as well as a strong Bankers Life segment in Q3.

Markel (MKL) Q3 Earnings and Revenues Surpass Estimates

Higher premiums as well as strong performances at both Insurance and Reinsurance segments drive Markel's (MKL) Q3.

American International (AIG) Q3 Earnings Lag Estimates

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Zacks.com highlights: Werner Enterprises, Amedysis, Haverty Furniture, Energen and MGIC Investment

Zacks.com highlights: Werner Enterprises, Amedysis, Haverty Furniture, Energen and MGIC Investment

RenaissanceRe's (RNR) Q3 Earnings Beat Estimates, Rise Y/Y

RenaissanceRe's (RNR) third-quarter earnings grow on higher revenues.

5 Low Leverage Stocks to Secure Your Portfolio Amid Volatility

One should keep in mind that debt financing remains a feasible option as long as the companies succeed in generating a higher rate of return compared to the interest rate.

Selective Insurance (SIGI) Beats on Q3 Earnings, Updates View

Selective Insurance (SIGI) Q3 reflects disciplined underwriting franchise and a strong underlying insurance operations performance.

Reinsurance Group (RGA) Q3 Earnings & Revenues Top Estimates

Reinsurance Group's (RGA) Q3 results show bottom-line improvement, driven by strong overall results at EMEA and Asia Pacific. Also, top-line growth and higher premiums act as tailwinds.

Hartford Financial (HIG) Q3 Earnings Top, Revenues Up Y/Y

Hartford Financial's (HIG) Q3 impresses with better P&C underwriting results, an improved Group Benefits business, increased Mutual Funds AUM as well as a lower tax rate.

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

Aon plc's (AON) Q3 earnings improve on the back of solid performances across all key financial metrics.

Arthur J. Gallagher (AJG) Q3 Earnings Top Estimates, Up Y/Y

Solid organic growth, strong segmental performance and margin expansion drive Arthur J. Gallagher's (AJG) Q3 performance.