Mgic Investment Corp (MTG) 6.33 $MTG
After Yesterday's Rally of 3.31% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 22, 2:29PM CDT
MGIC Investment (NYSE:MTG) traded in a range yesterday that spanned from a low of $6.05 to a high of $6.34. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $6.32 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MTG: 6.33 (+0.15)
MGIC Investment: Rates Revised, Top Line Likely to Suffer
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:27AM CDT
On Jun 21, 2016, we issued an updated research report on MGIC Investment Corp. (MTG).
AIZ: 86.58 (+0.43), HMN: 33.61 (+0.86), JRVR: 33.76 (-0.53), MTG: 6.33 (+0.15)
MGIC Investment Corporation Releases Monthly Operating Statistics
PR Newswire - Wed Jun 08, 5:45AM CDT
MGIC Investment Corporation (NYSE: MTG) today issued a May 2016 Operational Summary of the primary mortgage insurance of its insurance subsidiaries. The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases.
MTG: 6.33 (+0.15)
After Yesterday's Rally of 1.59% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Fri May 27, 3:25PM CDT
MGIC Investment (NYSE:MTG) traded in a range yesterday that spanned from a low of $6.96 to a high of $7.06. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $6.99 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MTG: 6.33 (+0.15)
MGIC CEO to Participate in KBW Mortgage Finance Conference
PR Newswire - Tue May 24, 3:44PM CDT
MGIC Investment Corporation (NYSE: MTG) announced today that Patrick Sinks, Chief Executive Officer, will be discussing the Private Mortgage Insurance industry at the Keefe, Bruyette & Woods 2016 Mortgage Finance Conference. The discussion is scheduled to begin at 10:40 a.m. Eastern time on June 1, 2016, and the conference is being held at the Westin Grand Central hotel in New York City.
MTG: 6.33 (+0.15)
After Yesterday's Decline of 1.79%, MGIC Investment Offers Investors Better Value
Comtex SmarTrend(R) - Fri May 13, 3:37PM CDT
MGIC Investment (NYSE:MTG) traded in a range yesterday that spanned from a low of $6.55 to a high of $6.75. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $6.67 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MTG: 6.33 (+0.15)
Cigna (CI) Beats on Q1 Earnings & Revenues, Revises View
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:06AM CDT
Cigna Corp. (CI) reported first-quarter 2016 operating net earnings of $2.32 per share that comfortably beat the Zacks Consensus Estimate of $2.17 by 6.9%.
CI: 129.75 (+1.85), RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), MTG: 6.33 (+0.15)
MetLife (MET) Misses Q1 Earnings and Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Thu May 05, 10:47AM CDT
MetLife, Inc.'s (MET) first-quarter 2016 earnings of $1.31 per share missed the Zacks Consensus Estimate of $1.39 by 5.8%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), MET: 44.17 (+1.62), MTG: 6.33 (+0.15)
Prudential (PRU) Q1 Earnings Miss, Down Y/Y on Low Revenues
Zacks Equity Research - Zacks Investment Research - Thu May 05, 10:16AM CDT
Prudential Financial, Inc. (PRU) reported first-quarter 2016 after tax adjusted operating income of $2.18 per share that missed the Zacks Consensus Estimate by 8.4%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), PRU: 76.95 (+2.92), MTG: 6.33 (+0.15)
American International (AIG) Q1 Earnings Miss, Plunge Y/Y
Zacks Equity Research - Zacks Investment Research - Tue May 03, 9:19AM CDT
American International Group Inc. (AIG) reported first-quarter 2016 operating income of 65 cents per share that missed the Zacks Consensus Estimate of 99 cents by 34.3%. Earnings also plunged 46.7% year on year.
CNO: 19.26 (+0.46), AIG: 54.71 (+1.03), MTG: 6.33 (+0.15), GNW: 3.36 (+0.13)
Genworth (GNW) Q1 Earnings Beat Estimates, Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 10:04AM CDT
Genworth Financial, Inc. (GNW) reported first-quarter 2016 net operating income of 21 cents per share, which handily beat the Zacks Consensus Estimate of 14 cents per share by 50%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), MTG: 6.33 (+0.15), GNW: 3.36 (+0.13)
MGIC Investment Corporation Shareholders Elect Directors and Approve Other Actions
PR Newswire - Thu Apr 28, 3:30PM CDT
MGIC Investment Corporation's (NYSE: MTG) shareholders have elected the company's current eleven directors to an additional one-year term.
MTG: 6.33 (+0.15)
CNO Financial (CNO) Q1 Earnings Miss, Revenues Surpass
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 10:24AM CDT
CNO Financial Group, Inc.'s (CNO) first-quarter 2016 net operating earnings of 27 cents per share missed the Zacks Consensus Estimate by 15.6%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), CNO: 19.26 (+0.46), MTG: 6.33 (+0.15)
Radian Group (RDN) Q1 Earnings, Revenues Beat Estimates
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 4:50AM CDT
Radian Group Inc. (RDN) reported first-quarter 2016 operating income of 37 cents per share, beating the Zacks Consensus Estimate by 23% and improving 5.7% year over year.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), CNO: 19.26 (+0.46), MTG: 6.33 (+0.15)
Downgrade Alert for MGIC Investment (MTG)
Comtex SmarTrend(R) - Thu Apr 21, 3:47AM CDT
MGIC Investment (NYSE:MTG) was downgraded from Buy to Neutral at Compass Point today. The stock closed yesterday at $7.44 on volume of 9.7 million shares, above average daily volume of 3.9 million. There is potential upside of 63.7% for shares of MGIC Investment based on a current price of $7.44 and an average consensus analyst price target of $12.18. The stock should hit resistance at its 200-day moving average (MA) of $8.93, as well as support at its 50-day MA of $7.28.
MTG: 6.33 (+0.15)
MGIC Investment (MTG) Lags Q1 Earnings: Stock to Suffer?
Zacks Equity Research - Zacks Investment Research - Wed Apr 20, 10:04AM CDT
MGIC Investment Corporation (MTG) reported first-quarter 2016 adjusted net income per share of 19 cents, which missed the Zacks Consensus Estimate of 23 cents by 17.4%.
MET: 44.17 (+1.62), MTG: 6.33 (+0.15)
MGIC Investment Corporation Reports First Quarter 2016 Results
PR Newswire - Tue Apr 19, 5:45AM CDT
MGIC Investment Corporation (NYSE:MTG) today reported net income for the quarter ended March 31, 2016 of $69.2 million, compared with a net income of $133.1 million for the same quarter a year ago. Diluted net income per share was $0.17 for the quarter ending March 31, 2016, compared to diluted net income per share of $0.32 for the same quarter a year ago. As explained below there was activity in both periods that impacted the comparability of results on a year over year basis.
MTG: 6.33 (+0.15)
Stock Market News for April 14, 2016
Zacks Equity Research - Zacks Investment Research - Thu Apr 14, 9:10AM CDT
Benchmarks finished in the green on Wednesday following a rally in financial stocks.
NYCB: 15.44 (+0.32), JPM: 64.05 (+1.34), PACW: 41.41 (+1.66), USB: 42.23 (+0.88), C: 44.46 (+1.78), SIVB: 104.91 (+5.81), MTB: 120.42 (+3.09), WFC: 47.91 (+0.94), MTG: 6.33 (+0.15), BRK.B: 145.98 (+2.04), CMA: 44.48 (+1.90)
MGIC Investment Corporation Schedules 1st Quarter 2016 Earnings Call and Releases Monthly Operating Statistics
PR Newswire - Fri Apr 08, 5:45AM CDT
MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 1st quarter 2016 financial results before the market opens on Tuesday, April 19, 2016. 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, 2016.
MTG: 6.33 (+0.15)
After Yesterday's Rally of 3.31% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 22, 2:29PM CDT
MGIC Investment (NYSE:MTG) traded in a range yesterday that spanned from a low of $6.05 to a high of $6.34. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $6.32 on volume of 3.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MTG: 6.33 (+0.15)
MGIC Investment: Rates Revised, Top Line Likely to Suffer
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:27AM CDT
On Jun 21, 2016, we issued an updated research report on MGIC Investment Corp. (MTG).
AIZ: 86.58 (+0.43), HMN: 33.61 (+0.86), JRVR: 33.76 (-0.53), MTG: 6.33 (+0.15)
MGIC Investment Corporation Releases Monthly Operating Statistics
PR Newswire - Wed Jun 08, 5:45AM CDT
MGIC Investment Corporation (NYSE: MTG) today issued a May 2016 Operational Summary of the primary mortgage insurance of its insurance subsidiaries. The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases.
MTG: 6.33 (+0.15)
After Yesterday's Rally of 1.59% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Fri May 27, 3:25PM CDT
MGIC Investment (NYSE:MTG) traded in a range yesterday that spanned from a low of $6.96 to a high of $7.06. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $6.99 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MTG: 6.33 (+0.15)
MGIC CEO to Participate in KBW Mortgage Finance Conference
PR Newswire - Tue May 24, 3:44PM CDT
MGIC Investment Corporation (NYSE: MTG) announced today that Patrick Sinks, Chief Executive Officer, will be discussing the Private Mortgage Insurance industry at the Keefe, Bruyette & Woods 2016 Mortgage Finance Conference. The discussion is scheduled to begin at 10:40 a.m. Eastern time on June 1, 2016, and the conference is being held at the Westin Grand Central hotel in New York City.
MTG: 6.33 (+0.15)
After Yesterday's Decline of 1.79%, MGIC Investment Offers Investors Better Value
Comtex SmarTrend(R) - Fri May 13, 3:37PM CDT
MGIC Investment (NYSE:MTG) traded in a range yesterday that spanned from a low of $6.55 to a high of $6.75. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $6.67 on volume of 2.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MTG: 6.33 (+0.15)
Cigna (CI) Beats on Q1 Earnings & Revenues, Revises View
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:06AM CDT
Cigna Corp. (CI) reported first-quarter 2016 operating net earnings of $2.32 per share that comfortably beat the Zacks Consensus Estimate of $2.17 by 6.9%.
CI: 129.75 (+1.85), RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), MTG: 6.33 (+0.15)
MetLife (MET) Misses Q1 Earnings and Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Thu May 05, 10:47AM CDT
MetLife, Inc.'s (MET) first-quarter 2016 earnings of $1.31 per share missed the Zacks Consensus Estimate of $1.39 by 5.8%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), MET: 44.17 (+1.62), MTG: 6.33 (+0.15)
Prudential (PRU) Q1 Earnings Miss, Down Y/Y on Low Revenues
Zacks Equity Research - Zacks Investment Research - Thu May 05, 10:16AM CDT
Prudential Financial, Inc. (PRU) reported first-quarter 2016 after tax adjusted operating income of $2.18 per share that missed the Zacks Consensus Estimate by 8.4%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), PRU: 76.95 (+2.92), MTG: 6.33 (+0.15)
American International (AIG) Q1 Earnings Miss, Plunge Y/Y
Zacks Equity Research - Zacks Investment Research - Tue May 03, 9:19AM CDT
American International Group Inc. (AIG) reported first-quarter 2016 operating income of 65 cents per share that missed the Zacks Consensus Estimate of 99 cents by 34.3%. Earnings also plunged 46.7% year on year.
CNO: 19.26 (+0.46), AIG: 54.71 (+1.03), MTG: 6.33 (+0.15), GNW: 3.36 (+0.13)
Genworth (GNW) Q1 Earnings Beat Estimates, Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 10:04AM CDT
Genworth Financial, Inc. (GNW) reported first-quarter 2016 net operating income of 21 cents per share, which handily beat the Zacks Consensus Estimate of 14 cents per share by 50%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), MTG: 6.33 (+0.15), GNW: 3.36 (+0.13)
MGIC Investment Corporation Shareholders Elect Directors and Approve Other Actions
PR Newswire - Thu Apr 28, 3:30PM CDT
MGIC Investment Corporation's (NYSE: MTG) shareholders have elected the company's current eleven directors to an additional one-year term.
MTG: 6.33 (+0.15)
CNO Financial (CNO) Q1 Earnings Miss, Revenues Surpass
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 10:24AM CDT
CNO Financial Group, Inc.'s (CNO) first-quarter 2016 net operating earnings of 27 cents per share missed the Zacks Consensus Estimate by 15.6%.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), CNO: 19.26 (+0.46), MTG: 6.33 (+0.15)
Radian Group (RDN) Q1 Earnings, Revenues Beat Estimates
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 4:50AM CDT
Radian Group Inc. (RDN) reported first-quarter 2016 operating income of 37 cents per share, beating the Zacks Consensus Estimate by 23% and improving 5.7% year over year.
RDN: 10.79 (+0.23), AIZ: 86.58 (+0.43), CNO: 19.26 (+0.46), MTG: 6.33 (+0.15)
Downgrade Alert for MGIC Investment (MTG)
Comtex SmarTrend(R) - Thu Apr 21, 3:47AM CDT
MGIC Investment (NYSE:MTG) was downgraded from Buy to Neutral at Compass Point today. The stock closed yesterday at $7.44 on volume of 9.7 million shares, above average daily volume of 3.9 million. There is potential upside of 63.7% for shares of MGIC Investment based on a current price of $7.44 and an average consensus analyst price target of $12.18. The stock should hit resistance at its 200-day moving average (MA) of $8.93, as well as support at its 50-day MA of $7.28.
MTG: 6.33 (+0.15)
MGIC Investment (MTG) Lags Q1 Earnings: Stock to Suffer?
Zacks Equity Research - Zacks Investment Research - Wed Apr 20, 10:04AM CDT
MGIC Investment Corporation (MTG) reported first-quarter 2016 adjusted net income per share of 19 cents, which missed the Zacks Consensus Estimate of 23 cents by 17.4%.
MET: 44.17 (+1.62), MTG: 6.33 (+0.15)
MGIC Investment Corporation Reports First Quarter 2016 Results
PR Newswire - Tue Apr 19, 5:45AM CDT
MGIC Investment Corporation (NYSE:MTG) today reported net income for the quarter ended March 31, 2016 of $69.2 million, compared with a net income of $133.1 million for the same quarter a year ago. Diluted net income per share was $0.17 for the quarter ending March 31, 2016, compared to diluted net income per share of $0.32 for the same quarter a year ago. As explained below there was activity in both periods that impacted the comparability of results on a year over year basis.
MTG: 6.33 (+0.15)
Stock Market News for April 14, 2016
Zacks Equity Research - Zacks Investment Research - Thu Apr 14, 9:10AM CDT
Benchmarks finished in the green on Wednesday following a rally in financial stocks.
NYCB: 15.44 (+0.32), JPM: 64.05 (+1.34), PACW: 41.41 (+1.66), USB: 42.23 (+0.88), C: 44.46 (+1.78), SIVB: 104.91 (+5.81), MTB: 120.42 (+3.09), WFC: 47.91 (+0.94), MTG: 6.33 (+0.15), BRK.B: 145.98 (+2.04), CMA: 44.48 (+1.90)
MGIC Investment Corporation Schedules 1st Quarter 2016 Earnings Call and Releases Monthly Operating Statistics
PR Newswire - Fri Apr 08, 5:45AM CDT
MGIC Investment Corporation (NYSE: MTG) has announced plans to release its 1st quarter 2016 financial results before the market opens on Tuesday, April 19, 2016. 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, 2016.
MTG: 6.33 (+0.15)
