MGIC Investment Corp.

MTG-N

Analysis and Opinions about MTG-N

Signal
Opinion
Expert
TOP PICK
TOP PICK
September 10, 2020
Stockchase Research Editor: Michael O'Reilly MTG provides mortgage insurance in the US, Puerto Rico and Guam. The company released an operational update to end-August indicating the inventory of delinquent loans continues to decrease, with the % of new delinquency notices dropping by over 25% since June. It trades at 69% of book value and EPS is expected to grow to $1.50 per share from $1.44 this year. While still levered to an economic recovery, we make this a Top Pick. The yield is supported by a payout ratio of less than 10% of cash flow. We would trade buy this with a $7.00 stop-loss. Yield 2.69% (Analysts’ price target is $12.43)
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MGIC Investment Corp. (MTG-N)
September 10, 2020
Stockchase Research Editor: Michael O'Reilly MTG provides mortgage insurance in the US, Puerto Rico and Guam. The company released an operational update to end-August indicating the inventory of delinquent loans continues to decrease, with the % of new delinquency notices dropping by over 25% since June. It trades at 69% of book value and EPS is expected to grow to $1.50 per share from $1.44 this year. While still levered to an economic recovery, we make this a Top Pick. The yield is supported by a payout ratio of less than 10% of cash flow. We would trade buy this with a $7.00 stop-loss. Yield 2.69% (Analysts’ price target is $12.43)
COMMENT
COMMENT
April 23, 2012
Big selloff 2007-2008. Stock has now completed 4 years of base building. On a short-term basis, the stock is having a bit of a pullback and may even come lower but for a long-term investor there is some potential of this stock reversing. Have a stop loss at around $3.
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Big selloff 2007-2008. Stock has now completed 4 years of base building. On a short-term basis, the stock is having a bit of a pullback and may even come lower but for a long-term investor there is some potential of this stock reversing. Have a stop loss at around $3.
PAST TOP PICK
PAST TOP PICK
November 26, 2010

(Top Short May 11/10. Up 8.43%.) Covered this Short.

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(Top Short May 11/10. Up 8.43%.) Covered this Short.

TOP PICK
TOP PICK
May 11, 2010
Top Short Short it. They aren’t insuring any new mortgages. They have escalating costs on legal costs. 11 straight quarters of losses and negative retained earnings. They don’t look to be profitable this year.
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Top Short Short it. They aren’t insuring any new mortgages. They have escalating costs on legal costs. 11 straight quarters of losses and negative retained earnings. They don’t look to be profitable this year.
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MGIC Investment Corp.(MTG-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for MGIC Investment Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

MGIC Investment Corp.(MTG-N) Frequently Asked Questions

What is MGIC Investment Corp. stock symbol?

MGIC Investment Corp. is a American stock, trading under the symbol MTG-N on the New York Stock Exchange (MTG). It is usually referred to as NYSE:MTG or MTG-N

Is MGIC Investment Corp. a buy or a sell?

In the last year, there was no coverage of MGIC Investment Corp. published on Stockchase.

Is MGIC Investment Corp. a good investment or a top pick?

MGIC Investment Corp. was recommended as a Top Pick by Stockchase Research on 2020-09-10. Read the latest stock experts ratings for MGIC Investment Corp..

Why is MGIC Investment Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is MGIC Investment Corp. worth watching?

0 stock analysts on Stockchase covered MGIC Investment Corp. In the last year. It is a trending stock that is worth watching.

What is MGIC Investment Corp. stock price?

On 2020-09-25, MGIC Investment Corp. (MTG-N) stock closed at a price of $8.56.