New Fannie, Freddie Rules May Let Mortgage Insurers Take More of FHA-Led Market
at The Street - Wed Apr 22, 9:16AM CDT
Private mortgage insurers, the firms that underwrite mortgages for homebuyers who can't afford a 20% down payment, stand to gain from the latest capital requirements from the U.S. government.
RDN: 18.10 (+0.19), MTG: 10.57 (+0.10)
MGIC Investment Beats on Earnings in Q1 as Claims Decline - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 8:30AM CDT
MGIC Investment's (MTG) earnings beat estimates by a penny and doubled year over year led by higher new insurance written and a decline in incurred loss.
CI: 130.25 (-0.45), RDN: 18.10 (+0.19), MTG: 10.57 (+0.10), GNW: 7.84 (+0.19)
Shares of MTG Up 25.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Apr 21, 5:15PM CDT
SmarTrend identified an Uptrend for MGIC Investment (NYSE:MTG) on August 19th, 2014 at $8.32. In approximately 8 months, MGIC Investment has returned 25.92% as of today's recent price of $10.47.
MTG: 10.57 (+0.10)
MGIC Investment (MTG) Stock Is Up Today on Earnings Beat
at The Street - Tue Apr 21, 2:49PM CDT
MGIC Investment (MTG) is gaining Tuesday after beating analysts' estimates for earnings and revenue in the first quarter.
MTG: 10.57 (+0.10)
MGIC Investment's (MTG) CEO Patrick Sinks on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Apr 21, 2:18PM CDT
MTG: 10.57 (+0.10)
MGIC Investment +1.45% after strong quarter
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 6:27AM CDT
MTG: 10.57 (+0.10)
MGIC Investment beats by $0.05, beats on revenue
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 6:03AM CDT
MTG: 10.57 (+0.10)
MGIC Investment Corporation Reports First Quarter 2015 Results
PR Newswire - Tue Apr 21, 6:00AM CDT
MGIC Investment Corporation (NYSE:MTG) today reported net income for the quarter ended March 31, 2015 of $133.1 million, compared with a net income of $60.0 million for the same quarter a year ago. Diluted net income per share was $0.32 for the quarter ending March 31, 2015, compared to diluted net income per share of $0.15 for the same quarter a year ago.
MTG: 10.57 (+0.10)
Notable earnings before Tuesday’s open
Seeking Alpha - at Seeking Alpha - Mon Apr 20, 4:30PM CDT
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Stocks Notch Month's Top Gains as China Stimulus Gives Boost
at The Street - Mon Apr 20, 3:08PM CDT
Stocks snap back from Friday's selloff to start the new week on far better footing.
HAS: 71.73 (-1.82), GE: 26.91 (+0.29), BLK: 369.51 (+1.99), HAL: 47.11 (+0.06), WFC: 54.67 (+0.39), MS: 37.20 (+0.45), RCL: 73.23 (-0.68), RDN: 18.10 (+0.19), IBM: 165.36 (+1.10), TGT: 81.34 (+0.09), TWC: 149.64 (-2.36), MTG: 10.57 (+0.10), CMCSA: 58.76 (-0.08)
Stocks Rally on Chinese Stimulus; Oil Settles Above $56
at The Street - Mon Apr 20, 2:07PM CDT
Stocks rally on Monday on news that China had introduced further stimulus and on better-than-expected earnings.
HAS: 71.73 (-1.82), GE: 26.91 (+0.29), BLK: 369.51 (+1.99), HAL: 47.11 (+0.06), WFC: 54.67 (+0.39), MS: 37.20 (+0.45), RCL: 73.23 (-0.68), RDN: 18.10 (+0.19), IBM: 165.36 (+1.10), TGT: 81.34 (+0.09), TWC: 149.64 (-2.36), MTG: 10.57 (+0.10), CMCSA: 58.76 (-0.08)
MGIC Investment (MTG) Stock Gaining Today After New Mortgage Insurer Guidelines
at The Street - Mon Apr 20, 10:17AM CDT
MGIC Investment (MTG) stock is up this morning following the publication of final mortgage insurer rules.
MTG: 10.57 (+0.10)
Mortgage insurers gain after FHFA acts on PMIERs
Seeking Alpha - at Seeking Alpha - Mon Apr 20, 7:31AM CDT
RDN: 18.10 (+0.19), ESNT: 25.44 (+0.23), NMIH: 8.05 (+0.29), MTG: 10.57 (+0.10), ORI: 15.21 (+0.08), GNW: 7.84 (+0.19)
Upgrade Alert for MGIC Investment (MTG)
Comtex SmarTrend(R) - Mon Apr 20, 7:02AM CDT
MGIC Investment (NYSE:MTG) was upgraded from Underperform to Neutral at Credit Suisse today. The stock closed yesterday at $9.91 on volume of 6.7 million shares, above average daily volume of 4.9 million. MGIC Investment Corporation, through its subsidiary, provides private mortgage insurance coverage in the United States. The Company's customers include thrifts, mortgage bankers and brokers, commercial banks, credit unions, and other lending institutions. The Company also provides, through subsidiaries, underwriting and contract services related to home mortgage lending.
MTG: 10.57 (+0.10)
MGIC Comments on GSE Private Mortgage Insurer Eligibility Requirements
PR Newswire - Fri Apr 17, 4:01PM CDT
Today the Federal Housing Finance Agency (FHFA) released the final version of the private mortgage insurer eligibility requirements (PMIERs) that Fannie Mae and Freddie Mac (GSEs) will use to approve private mortgage insurers that provide mortgage insurance on loans acquired by the GSEs. The effective date of the PMIERs is December 31, 2015 and mortgage insurers are required to certify that they are in compliance with the PMIERs by March 1, 2016. The PMIERs require that an insurer have "Available Assets" (generally, only the most liquid assets of an insurer) equal to or greater than "Minimum Required Assets" (which are calculated from tables of factors with several risk dimensions and are subject to a floor amount).
MTG: 10.57 (+0.10)
20.3% Return Seen to Date on SmarTrend MGIC Investment Call (MTG)
Comtex SmarTrend(R) - Tue Apr 14, 11:37AM CDT
SmarTrend identified an Uptrend for MGIC Investment (NYSE:MTG) on August 19th, 2014 at $8.32. In approximately 8 months, MGIC Investment has returned 20.32% as of today's recent price of $10.01.
MTG: 10.57 (+0.10)
MGIC Investment Corporation Schedules 1st Quarter 2015 Earnings Call
PR Newswire - Tue Apr 14, 6:00AM CDT
MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 1st quarter 2015 financial results before the market opens on Tuesday, April 21, 2015. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time to discuss the Company's results for the quarter ended March 31, 2015.
MTG: 10.57 (+0.10)
MTG May 29th Options Begin Trading
DividendChannel.com - Thu Apr 09, 10:49AM CDT
Investors in MGIC Investment Corp. saw new options become available today, for the May 29th expiration.
MTG: 10.57 (+0.10)
MGIC Releases Monthly Operating Statistics
PR Newswire - Wed Apr 08, 8:13AM CDT
MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of its insurance subsidiaries for the month of March 2015 for their primary mortgage insurance. The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases.
MTG: 10.57 (+0.10)
MGIC Investment Up 18.2% Since SmarTrend Uptrend Call (MTG)
Comtex SmarTrend(R) - Tue Apr 07, 10:10AM CDT
SmarTrend identified an Uptrend for MGIC Investment (NYSE:MTG) on August 19th, 2014 at $8.32. In approximately 8 months, MGIC Investment has returned 18.22% as of today's recent price of $9.83.
MTG: 10.57 (+0.10)