What is MGIC Investment Corp.'s stock symbol?
MGIC Investment Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTG."
Where is MGIC Investment Corp.'s stock going? Where will MGIC Investment Corp.'s stock price be in 2017?
9 analysts have issued 1 year target prices for MGIC Investment Corp.'s stock. Their forecasts range from $9.50 to $13.00. On average, they anticipate MGIC Investment Corp.'s share price to reach $11.19 in the next twelve months.
When will MGIC Investment Corp. announce their earnings?
MGIC Investment Corp. is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.
What are analysts saying about MGIC Investment Corp. stock?
Here are some recent quotes from research analysts about MGIC Investment Corp. stock:
According to Zacks Investment Research, "Shares of MGIC Investment significantly outperformed the Zacks categorized Multi line industry, since it reported better-than-expected fourth-quarter earnings. Though the company expects to write $46 billion of new insurance in 2017, insurance in force is expected to increase. This apart, the company remains focused in enhancing shareholders’ value and be a major contributor to housing finance policy. Going ahead, we expect this metric to rise further. Also, positive credit trends, low expense ratio are tailwinds. Moreover, an improving housing market and declining delinquency will boost the company’s earnings in the coming quarters. However, a competitive environment and pressure to maintain capital at required level will reduce the company’s capital flexibility. With respect to quarterly results, MGIC Investment earnings beat expectations in the fourth-quarter. New insurance written continue to improve." (2/10/2017)
Credit Suisse Group analysts commented, "We are increasing our 2017-18 EPS estimates to reflect our updated share repurchase outlook, and are raising our target price to $10 (from $8). We see three paths to be able to fund the buyback: 1. Cash on hand: As of 9/30, MTG had $330 million of hold co cash, of which $145 million is being held for the 2017 debt maturity and $40 million for completing the buyback as part of the 3Q debt issuance/convert repurchase. This leaves MTG with about $145 million of available cash. With no near-term debt maturities (2023 is next), and the dividend from the MI subsidiary covering interest, MTG has limited needs to hold substantial hold co cash." (11/28/2016)
Who owns MGIC Investment Corp. stock?
MGIC Investment Corp.'s stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.49%), State Street Corp (3.52%), Renaissance Technologies LLC (2.35%), Marshall Wace LLP (1.59%), Janus Capital Management LLC (1.17%) and Endeavour Capital Advisors Inc. (0.93%). Company insiders that own MGIC Investment Corp. stock include C Edward Chaplin, Cassandra C Carr, Daniel A Arrigoni, Donald T Nicolaisen, Gregory A Chi, Jeffrey H Lane, Lawrence J Pierzchalski, Stephen C Mackey and Timothy A Holt.
Who sold MGIC Investment Corp. stock? Who is selling MGIC Investment Corp. stock?
MGIC Investment Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Capital Returns Management LLC, PARUS FINANCE UK Ltd, Marshall Wace LLP, Janus Capital Management LLC, AQR Capital Management LLC, Saba Capital Management L.P. and Oarsman Capital Inc..
Who bought MGIC Investment Corp. stock? Who is buying MGIC Investment Corp. stock?
MGIC Investment Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., Leuthold Group LLC, Meru Capital Group LP, Robertson Opportunity Capital LLC, Gillson Capital LP, Dimensional Fund Advisors LP and Guggenheim Capital LLC. Company insiders that have bought MGIC Investment Corp. stock in the last two years include C Edward Chaplin, Cassandra C Carr, Daniel A Arrigoni, Gregory A Chi, Jeffrey H Lane, Stephen C Mackey and Timothy A Holt.
How do I buy MGIC Investment Corp. stock?
Shares of MGIC Investment Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of MGIC Investment Corp. stock cost?
One share of MGIC Investment Corp. stock can currently be purchased for approximately $10.67.