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MGIC Investment (MTG)

(Delayed Data from NYSE)

$23.59 USD

23.59
1,408,499

+0.19 (0.81%)

Updated Jul 22, 2024 04:00 PM ET

After-Market: $23.60 +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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

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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C Value B Growth F 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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Bottom 26% (184 out of 250)

Industry: Insurance - Multi line

Better trading starts here.

Zacks News

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

MGIC Investment (MTG) stands to gain from higher insurance in force, favorable loss reserve development, new business rewriting and prudent capital deployment.

Why Is MGIC (MTG) Up 5.8% 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 (MTG) Q1 Earnings Top on Higher Persistency

MGIC Investment's (MTG) Q1 results benefit from higher insurance in force and net investment income. Meanwhile, higher expenses and lower premiums partially offset the positives.

MGIC Investment (MTG) Q1 Earnings Beat Estimates

MGIC (MTG) delivered earnings and revenue surprises of 5.88% and 2.19%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Why You Should Hold MGIC Investment (MTG) in Your Portfolio

Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and a solid capital poise MGIC Investment (MTG) for growth.

MGIC's (MTG) Solid Insurance Written Aids, Expense Woes Stay

Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and a solid capital position poise MGIC Investment (MTG) well for growth.

Why Is MGIC (MTG) Down 3.8% 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.

Lemonade (LMND) Q4 Earnings and Revenues Beat Estimates

Lemonade (LMND) Q4 results reflect higher gross earned premiums, driven by an increase in in-force premium earned, which was offset by higher expense.

Essent Group (ESNT) Q4 Earnings, Revenues Miss, Dividend Up

Essent Group (ESNT) Q4 results reflect lower revenues attributable to lower net premiums earned. Losses and expenses increase attributable to provision for losses and loss adjustment expense.

Horace Mann (HMN) Q4 Earnings and Revenues Beat, Shares Dip

Horace Mann's (HMN) bottom line deteriorates due to the poor performance in the Property and Casualty segment, partially offset by improving performance in its other two comparatively stable segments.

Radian Group (RDN) Q4 Earnings Top Estimates, Decrease Y/Y

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

Prudential Financial (PRU) Q4 Earnings Miss, Decrease Y/Y

Prudential Financial's (PRU) fourth-quarter results reflect a poor performance across most of the segments, lower premiums and net investment income, offset by lower expenses.

Assurant (AIZ) Q4 Earnings & Revenues Beat, Premiums Rise Y/Y

Assurant's (AIZ) Q4 results reflect higher average insured values, premium rates and lender-placed policies in force and growth in Connected Living, partly offset by higher expenses.

MGIC Investment (MTG) Q4 Earnings Top, Revenues Lag Estimates

MGIC Investment (MTG) Q4 results reflect higher insurance in force and net investment income, offset by higher expenses and lower premiums.

MGIC Investment (MTG) Q4 Earnings Surpass Estimates

MGIC (MTG) delivered earnings and revenue surprises of 8.47% and 12.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Debasmita Chatterjee headshot

Insurance Stocks to Watch for Q4 Earnings on Feb 1: MET, AFL & More

Prudent rate hikes and growing interest rates, partly offset by significant catastrophe losses, are likely to have influenced the fourth-quarter performances of MET, AFL, ALL, AFG and MTG.

New Strong Buy Stocks for January 16th

MTG, SSL, CCEP, OKTA and EURN have been added to the Zacks Rank #1 (Strong Buy) List on January 16, 2022.

Best Value Stocks to Buy for January 16th

HGV, CCEP and MTG made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 16, 2022.

Best Income Stocks to Buy for January 16th

MTG, SSL and CCEP made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 16, 2022.

Best Income Stocks to Buy for January 11th

JHG, MTG and MPB made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 11, 2023.

New Strong Buy Stocks for January 11th

GMAB, OSW, ACDC, EVBG and MTG have been added to the Zacks Rank #1 (Strong Buy) List on January 11 , 2023.

Here's Why Hold is an Apt Strategy for EverQuote (EVER) Now

EverQuote (EVER) is poised to benefit from higher quote request volume and innovating advertiser products and a robust capital position.

Marsh & McLennan (MMC) Unit Buys HMS Insurance in Maryland

Marsh & McLennan's (MMC) business, Marsh, can gain significantly from the HMS Insurance acquisition through its subsidiary, MMA.

Arthur J. Gallagher (AJG) Expands in Texas With CBS Buyout

The buyout of CBS Insurance will help Arthur J. Gallagher & Co.'s (AJG) expand its footprint in Texas.

W.R. Berkley (WRB) Ups Shareholders Value With Special Dividend

W.R. Berkley's (WRB) board of directors approved a special cash dividend of 50 cents per share supported by sufficient liquidity and strong cash flow to enhance its shareholders' value.