MGIC Investment (MTG-N)
NYSE:MTG
26.10
0.79
(3.12%) 1d
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This summary was created by AI, based on 1 opinions in the last 12 months.
MGIC Investment, the parent company of Mortgage Guaranty Insurance Corporation (MGIC), plays a vital role in the mortgage finance sector by providing essential products and services aimed at protecting mortgage investors from credit losses. This protective measure not only secures investor interests but also enables families to attain homeownership sooner through the provision of affordable low-down-payment mortgages. Over the past 24 hours, the company has witnessed a remarkable 400% increase in social media mentions, indicating heightened interest and engagement from the public. This surge may reflect positive market sentiment towards MGIC and its contributions to the housing sector, especially in a climate where affordable housing solutions are in high demand. Analysts and experts are increasingly recognizing the importance of MGIC’s role in facilitating home ownership and maintaining stability in the residential mortgage market.
Our PAST TOP PICK with MTG has triggered its stop at $16.50. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 20%, when combined with previous recommendations.
MTG provides private mortgage services in the US. It trades under 10x earnings and under book value. We like that it is building cash reserves, paying down debt and buying back shares. Recently reported earnings showed net income growth of 36% over the year. We recommend placing a stop-loss at $11.50, looking to achieve $16.50 — upside potential over 16%. Yield 2.6%
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MGIC Investment(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
MGIC Investment(MTG-N) Frequently Asked Questions
What is MGIC Investment stock symbol?
MGIC Investment 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 a buy or a sell?
In the last year, there was no coverage of MGIC Investment published on Stockchase.
Is MGIC Investment a good investment or a top pick?
MGIC Investment was recommended as a Top Pick by on . Read the latest stock experts ratings for MGIC Investment.
Why is MGIC Investment 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 worth watching?
0 stock analysts on Stockchase covered MGIC Investment In the last year. It is a trending stock that is worth watching.
What is MGIC Investment stock price?
On 2025-05-02, MGIC Investment (MTG-N) stock closed at a price of $26.1.
We are the parent company of Mortgage Guaranty Insurance Corporation (MGIC). MGIC provides products and services that protect mortgage investors from credit losses. This critical component of the nation's residential mortgage finance system helps families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. Social media mentions are up 400% in the past 24h.