MGIC Investment Corporation (MTG)
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MGIC (MTG) Gains From Insurance Written as Expense Woes Stay
15 August 2023
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 Earnings, Revenues Top, Fall Y/Y
3 August 2023
MGIC Investment (MTG) Q2 results reflect higher insurance in force and net investment income, partially offset by higher expenses and lower premiums.
Compared to Estimates, MGIC (MTG) Q2 Earnings: A Look at Key Metrics
2 August 2023
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) Q2 Earnings and Revenues Surpass Estimates
2 August 2023
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.
MGIC Investment stock rises toward a 15-year high as dividend increase boosts yield above 2.7%
27 July 2023
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...
Should Value Investors Buy MGIC Investment (MTG) Stock?
6 July 2023
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) Up 24% in a Year: Will the Rally Last?
5 July 2023
MGIC Investment (MTG) stock rallies on the back of higher insurance in force, favorable loss reserve development, new business rewriting and prudent capital deployment.
3 Insurance Stocks to Buy as Powell Hints at More Rate Hikes
27 June 2023
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's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'
25 June 2023
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...