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MGIC Investment (MTG)

(Delayed Data from NYSE)

$24.82 USD

24.82
1,309,912

+0.64 (2.65%)

Updated Aug 23, 2024 04:00 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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1-Strong Buy of 5 1        

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 B Momentum D 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 18% (45 out of 251)

Industry: Insurance - Multi line

Better trading starts here.

Zacks News

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?

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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.

Why Should You Hold Brown and Brown (BRO) Stock in Portfolio

Strong performing segments, strategic buyouts to capitalize on growing market opportunities, sturdy financial standing and effective capital deployment continue to drive Brown & Brown (BRO).

Why You Should Hold American International (AIG) Stock Now

American International's (AIG) investment income can benefit from the growing interest rate environment.

Should You Retain Prudential (PRU) Stock in Your Portfolio?

Prudential (PRU) benefits from higher premiums, strategic acquisitions, favorable underwriting and effective capital deployment.

Euronet (EEFT) Rises 20.9% in 3 Months: More Room for Growth?

Euronet's (EEFT) expanding footprint in Europe and the fast-growing Asia Pacific region is a major positive.

MetLife (MET) Up 14% in Past 6 Months: More Room to Run?

MetLife (MET) is well-poised for growth on a diversified product suite resulting from product launches, numerous acquisitions and partnerships. A solid financial position is also a tailwind.

Here's Why Owl Rock Capital (ORCC) is a Strong Buy Stock Now

Owl Rock Capital's (ORCC) diversified portfolio, strong shareholder-value-boosting strategy and inorganic growth story are major positives.

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Bet on These 5 Low Leverage Stocks to Avoid Inflation Woes

In times of crisis, a prudent investor always looks for stocks that are safe bets instead of looking at only high-growth value companies. You may buy MTG, TA, HWC, CLDT & KNSL.

Kaibalya Pravo Dey headshot

3 Insurance Stocks Wall Street Analysts Recommend for 2023

Technological advancements, exposure growth, better pricing, improving underwriting and strong capital position are aiding insurance players. VOYA, MTG and MCY are among the frontrunners.

Here's Why You Should Add MGIC Investment (MTG) to Your Kitty

MGIC Investment (MTG) stands to gain from fewer delinquency notices, favorable loss reserve development, higher persistency and a strong capital position.

The Zacks Analyst Blog Highlights Employers Holdings, Mercury General and MGIC Investment

Employers Holdings, Mercury General and MGIC Investment are part of the Zacks top Analyst Blog.

Here's Why You Should Retain PRA Group (PRAA) Stock Now

PRA Group (PRAA) can reduce costs by diverting legal cash collections to in-house operators and boosting profits.