MGIC Investment Corp. Company Profile (NYSE:MTG)

Analyst Ratings

Consensus Ratings for MGIC Investment Corp. (NYSE:MTG) (?)
Ratings Breakdown: 3 Hold Rating(s), 7 Buy Rating(s)
Consensus Rating:Buy (Score: 2.70)
Consensus Price Target: $10.15 (41.76% upside)

Analysts' Ratings History for MGIC Investment Corp. (NYSE:MTG)
Show:
DateFirmActionRatingPrice TargetActions
7/20/2016Compass PointUpgradeNeutral -> Buy$8.50 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016FBR & CoBoost Price TargetOutperform$7.50 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/19/2016BTIG ResearchReiterated RatingBuy$12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016Credit Suisse Group AGBoost Price TargetNeutral$8.00 -> $10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016Deutsche Bank AGInitiated CoverageHold$9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/22/2016Barclays PLCLower Price TargetOverweight$14.00 -> $10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/22/2016Goldman Sachs Group Inc.Reiterated RatingConviction-Buy -> Buy$11.00 -> $10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/21/2016MKM PartnersLower Price TargetBuy$13.00 -> $10.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/12/2015Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$11.00 -> $11.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/8/2015MacquarieLower Price TargetNeutral$12.00 -> $11.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/14/2015JMP SecuritiesBoost Price TargetMarket Outperform$11.50 -> $12.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/27/2014 forward)

Earnings

Earnings History for MGIC Investment Corp. (NYSE:MTG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
10/13/2016        
7/19/2016Q216$0.20$0.26$255.01 million$263.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/19/2016Q116$0.22$0.17$258.88 million$258.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016Q415$0.26$0.26$258.19 million$257.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/15/2015Q315$0.21$0.29$250.35 million$269.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/16/2015Q215$0.23$0.28$247.34 million$243.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/21/2015Q115$0.21$0.26$243.55 million$270.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/20/2015Q414$0.15$0.19$237.64 million$240.36 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/15/2014Q314$0.10$0.18$233.30 million$235.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/16/2014Q214$0.14$0.12$237.13 million$231.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/22/2014$0.11$0.15$242.35 million$235.10 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/23/2014Q413($0.03)($0.01)$254.67 million$251.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/16/2013Q313($0.13)$0.04$260.92 million$254.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2013Q2 2013($0.15)$0.04$266.24 million$263.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/30/2013Q1 2013($0.15)($0.31)$281.31 million$269.20 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2013Q4 2012($1.77)($1.91)$322.32 million$371.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/9/2012Q312($0.50)($1.22)$285.03 million$306.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2012($0.52)($1.36)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2012($0.37)($0.10)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/24/2012($0.80)($0.67)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/21/2011($0.86)($0.82)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/18/2011($0.13)($0.75)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/20/2011($0.06)($0.17)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/19/2011($0.58)($0.93)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MGIC Investment Corp. (NYSE:MTG)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.23$0.23$0.23
Q2 20161$0.21$0.21$0.21
Q3 20161$0.23$0.23$0.23
Q4 20161$0.21$0.21$0.21
Q1 20171$0.25$0.25$0.25
Q2 20171$0.26$0.26$0.26
Q3 20171$0.25$0.25$0.25
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MGIC Investment Corp. (NYSE:MTG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for MGIC Investment Corp. (NYSE:MTG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/9/2016Cassandra C CarrDirectorBuy5,000$6.35$31,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/28/2016Gregory A ChiSVPBuy10,000$6.36$63,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/28/2016Stephen C. MackeyEVPBuy5,000$6.43$32,150.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/27/2016Timothy A. HoltDirectorBuy20,000$6.38$127,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/26/2016Daniel A ArrigoniDirectorBuy10,000$5.88$58,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/26/2016Jeffrey H LaneEVPBuy15,000$5.93$88,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/22/2015C Edward ChaplinDirectorBuy5,000$9.46$47,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/13/2015Lawrence J PierzchalskiEVPSell75,000$10.84$813,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/29/2015Donald T NicolaisenDirectorSell10,000$10.60$106,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/10/2015Daniel A ArrigoniDirectorBuy10,000$9.19$91,900.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/23/2014Michael E LehmanDirectorBuy5,000$8.26$41,300.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2014Donald NicolaisenDirectorSell40,000$9.02$360,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2013Jeffrey H LaneEVPBuy35,000$5.15$180,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2013Jon Michael LauerCFOBuy50,000$5.15$257,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2013Patrick SinksCOOBuy30,000$5.15$154,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2013Timothy J MattkeCAOBuy10,000$5.15$51,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012James A KarpowiczSVPBuy18,700$1.05$19,635.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/8/2012James A KarpowiczSVPBuy1,300$1.03$1,339.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/6/2012Curt S CulverCEOBuy100,000$0.98$98,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/6/2012Jon Michael LauerCFOBuy75,000$0.89$66,750.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for MGIC Investment Corp. (NYSE:MTG)
DateHeadline
07/27/16 08:17 AMStock Analyst-Opinion Need Close Attention about MGIC Investment Corp. (NYSE:MTG) - The Voice Registrar
07/27/16 08:17 AMNoteworthy Analyst's Rating to Observe: MGIC Investment Corporation (NYSE:MTG) , SLM Corporation (NASDAQ:SLM) - Street Updates
07/25/16 05:24 PMMGIC Investment Corp. (NYSE:MTG) : Latest Analyst's Estimates - The Voice Registrar
07/25/16 05:24 PMMGIC Investment Corporation (MTG) Shares are Up 8.13% - Trade Calls
07/25/16 09:03 AMFirst American Financial (FAF) Q2 Earnings, Revenues Beat -
07/24/16 09:15 AM10 Fresh Analyst Stocks Under $10 With Massive Upside Calls -
07/23/16 09:14 AMMGIC, Radiant, Essent Could See Fat Gains
07/22/16 08:16 AMStocks Highlights: MGIC Investment Corp. (MTG), DR Horton Inc. (DHI), The Blackstone Group L.P. (BX) - iStreetWire
07/22/16 08:16 AMFinancial Stocks Reports: Fifth Third Bancorp (NASDAQ:FITB), MGIC Investment Corp. (NYSE:MTG) - share market updates (press release)
07/22/16 08:16 AMBrokerage Recom. Worth Watching: MGIC Investment Corp. (NYSE:MTG) - The Voice Registrar
07/21/16 10:25 AMMGIC Investment Corp. :MTG-US: Earnings Analysis: Q2, 2016 By the Numbers : July 21, 2016 -
07/21/16 08:09 AMMGIC Investment Corporation (MTG) is Trading Higher on Unusual Volume for July 19
07/20/16 06:01 PMAnalysts Observing Trading Stocks: MGIC Investment Corporation (NYSE:MTG) , Capital One Financial Corporation ... - Street Updates
07/20/16 06:01 PMPhilip Morris International (NYSE:PM) & MGIC Investment (NYSE:MTG) Stocks to Track - Money News (press release)
07/20/16 06:01 PMRecent Analysts Rating Overview: MGIC Investment Corporation (NYSE:MTG) , Synchrony Financial (NYSE:SYF) - Street Updates
07/20/16 09:53 AMOne Reason Why MGIC Investment (MTG) Stock Is Up Today -
07/20/16 08:14 AMMGIC Leads Mortgage Insurer Rally on Sales Gain, Housing Rebound
07/20/16 08:14 AMMGIC Investment (MTG) Patrick Sinks on Q2 2016 Results - Earnings Call Transcript
07/20/16 08:14 AMMGIC Investment (MTG) Beats on Q2 Earnings & Revenues
07/20/16 08:14 AMMGIC Investment Corp. (NYSE:MTG) Receives Average Recommendation of “Buy” from Brokerages
07/20/16 07:55 AMTop Analyst Upgrades and Downgrades: Johnson & Johnson, Lockheed Martin, MGIC Investment, TransCanada, Verizon and More -
07/19/16 05:25 PMStocks In Action: MGIC Investment Corp. (MTG), Atwood Oceanics, Inc. (ATW), The Mosaic Company (MOS) - iStreetWire
07/19/16 05:25 PMHeightened Volatility Spotted on Shares of: MGIC Investment Corp. (NYSE:MTG) - Engelwood Daily
07/19/16 05:25 PMEarnings Reaction History: MGIC Investment Corp., 44.4% Follow-Through Indicator, 4.8% Sensitive - Nasdaq
07/19/16 05:25 PMWhy MGIC Investment, Dexcom, and F5 Networks Jumped Today - These stocks managed to rise despite a mixed day for the markets. Find out why.
07/19/16 09:43 AMMGIC Investment Corp Earnings Call (Q2 2016)
07/19/16 09:43 AMMGIC Investment : beats 2Q profit forecasts
07/19/16 09:43 AMMGIC Investment Corp Profit Declines 4% In Q2
07/19/16 09:22 AMMGIC Investment takes flight after big earnings beat -
07/19/16 06:36 AMMGIC Investment on the move after topping estimates -
07/18/16 05:27 PMAnalyst Target and Average Rating Watch: MGIC Investment Corporation (NYSE:MTG) - Press Telegraph
07/18/16 05:26 PMShares Lower on the Year MGIC Investment Corp. (NYSE:MTG) - Press Telegraph
07/18/16 08:31 AMInsurers' Q2 Earnings to Watch on Jul 19: AWH, MTG, RLI -
07/17/16 04:46 PMShare Performance Summary for: MGIC Investment Corp. (NYSE:MTG) - Press Telegraph
07/17/16 04:46 PMMGIC Investment Corporation (NYSE:MTG) Broker Price Targets For The Coming Week - Fiscal Standard
07/17/16 09:35 AMMgic Investment : Wis Short Interest Decreased By 0.04%
07/16/16 04:55 PMMomentum Stocks in Focus: The Dow Chemical Company (DOW) MGIC Investment Corp. (MTG) Endo International plc (ENDP)
07/15/16 09:57 AMMomentum Stocks in Focus: The Dow Chemical Company (DOW) MGIC Investment Corp. (MTG) Endo International plc ... - iStreetWire
07/15/16 09:57 AMMGIC Investment Corp (NYSE:MTG): Continue to Grow - Street Report
07/15/16 08:35 AMNew Strong Sell Stocks for July 15th -
07/15/16 07:17 AMMGIC Investment Corp. breached its 50 day moving average in a Bullish Manner : MTG-US : July 15, 2016 -
07/14/16 05:36 PMMGIC Investment Corporation (NYSE:MTG) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/14/16 08:54 AMInsiders Increasing Positions in: MGIC Investment Corp. (NYSE:MTG) - Press Telegraph
07/14/16 08:54 AMFinancial Stocks Outlines: Fifth Third Bancorp (NASDAQ:FITB), MGIC Investment Corp. (NYSE:MTG) - share market updates (press release)
07/13/16 08:14 AMNotable News Recap: Oracle Corporation (NYSE:ORCL), MGIC Investment Corp. (NYSE:MTG) - NYSE Journal (press release)
07/13/16 08:14 AMMGIC Investment (NYSE:MTG) & CONSOL Energy Inc. (NYSE:CNX) Active Stock's Momentum - Money News (press release)
07/13/16 08:14 AMFinancial Stocks Newsbeat: MGIC Investment Corp. (NYSE:MTG), Genworth Financial Inc (NYSE:GNW) - share market updates (press release)
07/13/16 08:14 AMShort Term Rating on MGIC Investment Corporation (MTG) - Trade Calls
07/12/16 05:34 PMMGIC Mortgage Insurance Now Available through LendingQB
07/11/16 05:21 PMFin Stocks Updates: MGIC Investment Corp. (MTG), Citigroup Inc (C) - share market updates (press release)

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About MGIC Investment Corp.

MGIC Investment Corp. logoMGIC Investment Corporation is a holding company. The Company, through its subsidiaries, provides private mortgage insurance and ancillary services. The Company provides mortgage insurance to lenders throughout the United States and to government sponsored entities to protect against loss from defaults on low down payment residential mortgage loans. Its principal product is primary mortgage insurance. Primary insurance provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest and certain expenses associated with the default and subsequent foreclosure or sale approved by the Company. Through certain other non-insurance subsidiaries, the Company also provides various services for the mortgage finance industry, such as contract underwriting, analysis of loan originations and portfolios, and mortgage lead generation. The Company's subsidiaries include Mortgage Guaranty Insurance Corporation (MGIC) and MGIC Indemnity Corporation (MIC).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Property & Casualty Insurance
  • Sub-Industry: Thrifts & Mortgage Finance
  • Exchange: NYSE
  • Symbol: MTG
  • CUSIP: 55284810
Key Metrics:
  • Previous Close: $7.16
  • 50 Day Moving Average: $6.26
  • 200 Day Moving Average: $6.86
  • P/E Ratio: 2.95
  • P/E Growth: 4.85
  • Market Cap: $2.44B
  • Beta: 3.06
  • Current Year EPS Consensus Estimate: $0.84 EPS
  • Next Year EPS Consensus Estimate: $0.93 EPS
Additional Links:
MGIC Investment Corp. (NYSE:MTG) Chart for Wednesday, July, 27, 2016