MGIC Investment (MTG) Gains 24% YTD: More Room for Growth? [Yahoo! Finance]
MGIC Investment Corporation (MTG)
Last mgic investment corporation earnings: 2/4 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
mtg.mgic.com/investor-overview
Company Research
Source: Yahoo! Finance
of 10.4% and the Zacks S&P 500 composite's increase of 16.8%. With a market capitalization of $6.2 billion, the average volume of shares traded in the last three months was 1.7 million. Solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and prudent capital deployment drive this Zacks Rank #1 (Strong Buy) mortgage insurer. MTG has a solid earnings surprise history. It surpassed estimates in each of the last four quarters, the average earnings surprise being 15.59%. Earnings of MTG have risen 8.7% over the last five years. Return on invested capital in the trailing 12 months was 11.4%, better than the industry average of 2.4%, reflecting MTG's efficiency in utilizing funds to generate income. Image Source: Zacks Investment Research Can the Stock Retain the Momentum? New business, combined with increasing annual persistency, drives growth of the insurance-in-force portfolio. A higher level of new and existing
Show less
Read more
Impact Snapshot
Event Time:
MTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTG alerts
High impacting MGIC Investment Corporation news events
Weekly update
A roundup of the hottest topics
MTG
News
- AM Best Upgrades Credit Ratings of Operating Subsidiaries of MGIC Investment Corporation [Yahoo! Finance]Yahoo! Finance
- Why Is MGIC (MTG) Up 2.7% Since Last Earnings Report? The 'T-bill and chill' trade is about to end for investors. Here's where JPMorgan says they should invest instead. Veteran fund manager unveils startling Nvidia stock forecast [Yahoo! Finance]Yahoo! Finance
- MGIC Comments on the Recently Adopted PMIERs Updates [Yahoo! Finance]Yahoo! Finance
- MGIC Comments on the Recently Adopted PMIERs UpdatesPR Newswire
- Why MGIC (MTG) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
MTG
Earnings
- 7/31/24 - Beat
MTG
Sec Filings
- 8/27/24 - Form 4
- 8/23/24 - Form 4
- 8/23/24 - Form 4
- MTG's page on the SEC website