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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.

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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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Top 36% (89 out of 250)

Industry: Insurance - Multi line

Zacks News

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.

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.

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.

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? We take a look at earnings estimates for some clues.

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.

Assurant (AIZ) Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

Assurant's (AIZ) first-quarter results reflect solid performance in the Global Housing and Global Lifestyle segments, partially offset by higher expenses and weakness in Corporate & Other.

EverQuote (EVER) Q1 Earnings Top Estimates, Revenues Fall Y/Y

EverQuote (EVER) first-quarter 2024 results reflect the early stages of auto carrier recovery.

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.

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.

MGIC Investment (MTG) Q1 Earnings Top Estimates

MGIC (MTG) delivered earnings and revenue surprises of 8.33% and 0.40%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

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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.

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.

Reasons to Hold Prudential Financial (PRU) in Your Portfolio Now

Prudential Financial (PRU) stands to gain from growing pension risk transfer market, higher emerging markets earnings, improved spread income, strategic acquisitions and effective capital deployment.

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.

Radian (RDN) Up 8.5% Since Last Earnings Report: Can It Continue?

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

Here's Why Investors Should Retain Everest Group (EG) Stock

Everest Group (EG) stands to gain from an improved interest rate environment, strong renewal retention, continued favorable rate increases and a solid capital position.

Why Is CNO (CNO) Down 2.2% Since Last Earnings Report?

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

Why Is MGIC (MTG) Down 0.4% 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.

Reasons Why Assurant (AIZ) Stock is an Attractive Pick Now

Assurant (AIZ) stands to gain from a well-performing Global Lifestyle business, growth of fee-based capital-light businesses, solid capital management and favorable estimates.

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.

Essent Group (ESNT) Q4 Earnings, Revenues Beat, Dividend Raised

Essent Group (ESNT) fourth-quarter results reflect improved revenues attributable to higher net premiums earned, partially offset by higher losses and expenses.

Everest Group (EG) Q4 Earnings Beat on Improved Premiums

Everest Group's (EG) Q4 results reflect higher premiums across its reinsurance and insurance businesses and improved net investment income. Higher expenses partially offset the upside.

Radian Group (RDN) Q4 Earnings Top, Revenues Rise Y/Y

Radian Group's (RDN) Q4 results reflect higher monthly premium policy insurance in force and a decline in single premium policy insurance in force, offset by higher expenses.

Prudential's (PRU) Q4 Earnings Miss, Revenues Increase Y/Y

Prudential's (PRU) Q4 results reflect improved expenses, less favorable underwriting results, net outflows, lower incentive fees and agency income, partially offset by higher asset management fees.

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).