MGIC Investment Corporation Stock News

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).

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

Solid insurance in force, a decline in loss and claims payments and lower delinquency poise MGIC Investment (MTG) for growth. However, an increase in underwriting and other expenses weigh on margins.

MGIC Investment (MTG) Q2 results reflect higher insurance in force and net investment income, partially offset by higher expenses and lower premiums.

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

MGIC Investment (MTG) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.81 per share a year ago.

Shares of MGIC Investment Corp. MTG, +0.33% rose 0.4% toward a 15-year high, after the mortgage insurance company raised its dividend by 15%. Shareholders of record on Aug. 10 will be paid, on Aug. 24

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

MGIC Investment (MTG) stock rallies on the back of higher insurance in force, favorable loss reserve development, new business rewriting and prudent capital deployment.

With interest rate hikes impending, profit margins of insurers are expected to get a boost. Thus, investing in stocks such as Unum Group (UNM), MGIC Investment (MTG) and Radian Group (RDN) seems judic

MGIC Investment Corporation's Q1'23 revenues reached $283.96mn, a YoY decline of 3.62%, with a net income of $154.55mn, declining 11.69%. The company's risk management capabilities, interest rate hedg

Housing sector valuations and trends suggest holding Pulte, selling Rocket and Redfin, and buying MGIC and AGNC. Factors affecting the housing industry include a housing shortage, low affordability, e

You might not typically think a rising price stock is undervalued, but that looks to be the case with real-estate-related companies Century Communities Inc. NYSE: CCS and MGIC Investment Corp. NYSE: M

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

MGIC (MTG) reported earnings 30 days ago. What's next for the stock?