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MGIC Investment (MTG)

(Delayed Data from NYSE)

$20.35 USD

20.35
1,930,834

+0.05 (0.25%)

Updated Apr 24, 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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 C 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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Top 27% (69 out of 251)

Industry: Insurance - Multi line

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Zacks News

Compared to Estimates, MGIC (MTG) Q2 Earnings: A Look at Key Metrics

by Zacks Equity Research

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 the year-ago actuals.

MGIC Investment (MTG) Q2 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

MGIC (MTG) delivered earnings and revenue surprises of 23.64% and 0.45%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

American International Group (AIG) Q2 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

American International Group (AIG) delivered earnings and revenue surprises of 13.64% and 6.95%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Sushmita Sarker headshot

Insurance Stocks to Post Q2 Earnings on Aug 2: LNC, MET & More

by Sushmita Sarker

Prudent rate hikes, stronger mortgage market and higher reinvestment rate, partly offset by significant catastrophe losses, are likely to have influenced the second-quarter performances of LNC, MET, AFG, RDN and MTG.

MGIC Investment Corporation (MTG) Soars to 52-Week High, Time to Cash Out?

by Zacks Equity Research

MGIC (MTG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

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

by Zacks Equity Research

EverQuote (EVER) stands to gain from the solid performance of automotive insurance vertical, higher consumer traffic and improved quote request volume.

Here's Why Radian Group (RDN) Stock is an Attractive Pick Now

by Zacks Equity Research

Radian Group (RDN) is well-poised to grow, driven by improved persistency, higher mortgage interest rates and a strong capital position.

Should Value Investors Buy MGIC Investment (MTG) Stock?

by Zacks Equity Research

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.

MGIC Investment (MTG) Up 24% in a Year: Will the Rally Last?

by Zacks Equity Research

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

Radian or MGIC Investment: Which is a Better-Positioned Stock?

by Zacks Equity Research

Let's see how Radian Group (RDN) and MGIC Investment (MTG) fare in terms of some of the key metrics.

The Zacks Analyst Blog Highlights Unum, MGIC Investment and Radian Group

by Zacks Equity Research

Unum, MGIC Investment and Radian Group are included in this Analyst Blog.

Tirthankar Chakraborty headshot

3 Insurance Stocks to Buy as Powell Hints at More Rate Hikes

by Tirthankar Chakraborty

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 judicious.

Are Investors Undervaluing MGIC Investment (MTG) Right Now?

by Zacks Equity Research

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.

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

by Zacks Equity Research

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?

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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?

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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.