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MGIC Investment (MTG)

(Real Time Quote from BATS)

$23.64 USD

23.64
726,851

+0.08 (0.34%)

Updated Nov 4, 2024 01:10 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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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

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

MGIC Investment's (MTG) fourth-quarter results gain from higher net investment income and lower underwriting and other expenses. Lower net premiums written partially offset the positives.

Compared to Estimates, MGIC (MTG) Q4 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for MGIC (MTG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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Insurance Stocks' Q4 Earnings Due on Jan 31: AFL, MET & More

Better pricing, solid retention and renewals, exposure growth and accelerated digitalization are likely to drive fourth-quarter results of insurers like AFL, MET, AXS, SIGI and MTG.

MGIC (MTG) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Besides Wall Street's top -and-bottom-line estimates for MGIC (MTG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Here's Why Hold Strategy is Apt for Prudential Financial (PRU)

Prudential Financial (PRU) stands to gain from higher emerging markets earnings, improved spread income, strategic acquisitions, effective capital deployment and a solid financial position.

MGIC Investment (MTG) Rises 50% in a Year: More Upside Left?

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

Radian (RDN) Rallies 52% in a Year: More Room for Growth?

Radian (RDN) is poised to gain from an improving mortgage insurance portfolio, declining claims, the well-performing homegenius segment, a solid capital position and effective capital deployment.

Zacks Industry Outlook Highlights MetLife, American International Group, The Hartford Financial Services, MGIC Investment and CNO Financial

MetLife, American International Group, The Hartford Financial Services, MGIC Investment and CNO Financial are part of the Zacks Industry Outlook article.

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5 Stocks to Watch From the Prospering Multiline Insurance Industry

Better pricing, product redesigns, technological advancement, high inflation and rate rise are expected to aid multiline insurers like MET, AIG, HIG, MTG and CNO.

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4 Insurers With 25% Gains in 2023 Still Have Room to Run

Banking on strong fundamentals and benefiting from a favorable macro backdrop, AIZ, MTG, NMIH and RDN have not only outperformed the industry but have also crushed the market and the Finance sector. These companies are well-poised to sustain the bull run next year.

MGIC Investment (MTG) Up 33.2% in a Year: Will the Rally Last?

MGIC Investment (MTG) stock rallies on the back of higher insurance in force, a decline in loss and claims payments, better housing market fundamentals and prudent capital deployment.

Are Investors Undervaluing MGIC Investment (MTG) 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.

Why Is MetLife (MET) Up 6% Since Last Earnings Report?

MetLife (MET) 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) Up 2.5% 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.

The Zacks Analyst Blog Highlights MGIC Investment, CNO Financial, Old Republic International and The Hartford Financial Services

MGIC Investment, CNO Financial, Old Republic International and The Hartford Financial Services are included in this Analyst Blog.

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4 Dividend-Paying Multiline Insurers to Add to Your Portfolio

Multiline insurers like MGIC Investment Corporation (MTG), CNO Financial (CNO), Old Republic International Corporation (ORI) and The Hartford Financial Services Group (HIG), which have an impressive dividend history, offer a breather amid volatility.

Is MGIC Investment (MTG) Stock Undervalued 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.

Prudential (PRU) Q3 Earnings Surpass, Revenues Fall Y/Y

Prudential's (PRU) Q3 results reflect lower expenses and higher net investment spread results, partially offset by lower agency and seed and co-investment income and a decline in income from pension.

MGIC Investment (MTG) Q3 Earnings Top, Insurance in Force Rises

MGIC Investment (MTG) third-quarter earnings reflect higher insurance in force, premiums and net investment income, partially offset by an increase in expense.

Compared to Estimates, MGIC (MTG) Q3 Earnings: A Look at Key Metrics

The headline numbers for MGIC (MTG) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

MGIC (MTG) Upgraded to Strong Buy: Here's Why

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).

Here's Why You Should Hold Prudential Financial (PRU) Stock

Prudential Financial (PRU) stands to gain from higher emerging markets earnings, improved spread income, strategic acquisitions, effective capital deployment and a solid financial position.

Why Should You Hold Assurant (AIZ) Stock in Your Portfolio?

Assurant (AIZ) stands to gain from increasing Global Automotive business, higher average insured values, improved invested assets, favorable growth estimates and effective capital deployment.

Here's Why MGIC Investment (MTG) Stock is an Attractive Bet

MGIC Investment (MTG) stands to gain from higher insurance in force, a decline in loss and claims payments, better housing market fundamentals and prudent capital deployment.

Should You Buy Lemonade (LMND) Stock for Better Returns Now?

Lemonade (LMND) stands to gain from an improvement in continued shift in the mix of underlying products toward higher value policies and installment fees as well as a robust capital position.