MGIC Investment (MTG) in Focus: Stock Up 5.2% in Session
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 7:45AM CDT
MGIC Investment Corp. (MTG) was a big mover last session, as the company saw its shares rise over 5% on the day.
RDN: 11.73 (+0.04), MTG: 6.26 (unch)
MetLife Divests U.S Retail Advisory Force to MassMutual
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 5:23PM CDT
MetLife, Inc. (MET) has sold its U.S retail advisory force, Premier Client Group, to Massachusetts Mutual Life Insurance Company (MassMutual) for $165 million as per media release.
CI: 130.19 (+1.19), AIZ: 87.94 (+0.41), MET: 40.48 (-0.28), MTG: 6.26 (unch)
Radian Group (RDN) Announces Capital Plan, Fuels Liquidity
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 9:22AM CDT
Radian Group (RDN) announced new capital plan in its efforts to return to investment grade ratings in the future. This plan follows the redemption of $325 million surplus notes by Radian Guaranty.
CI: 130.19 (+1.19), RDN: 11.73 (+0.04), AIZ: 87.94 (+0.41), MTG: 6.26 (unch)
AEGON Announces Plan to Repurchase 29.3 Million Shares
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 9:40AM CDT
AEGON N.V. (AEG) announced that its board of directors has approved a 29.3 million share buyback plan to offset the dilutive effect of the 2015 final stock dividend.
CI: 130.19 (+1.19), JRVR: 34.54 (+0.12), MTG: 6.26 (unch), AEG: 3.90 (+0.05)
Upgrade Alert for MGIC Investment (MTG)
Comtex SmarTrend(R) - Fri Jul 01, 3:05AM CDT
MGIC Investment (NYSE:MTG) was upgraded from Market Perform to Outperform at FBR Capital today. The stock closed yesterday at $5.95 on volume of 11.3 million shares, above average daily volume of 4.8 million. MGIC Investment (NYSE:MTG) has potential upside of 104.7% based on a current price of $5.95 and analysts' consensus price target of $12.18. The stock should find initial resistance at its 50-day moving average (MA) of $7.40 and further resistance at its 200-day MA of $8.70.
MTG: 6.26 (unch)
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: 6.26 (unch)
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: 87.94 (+0.41), HMN: 34.93 (-0.04), JRVR: 34.54 (+0.12), MTG: 6.26 (unch)
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: 6.26 (unch)
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: 6.26 (unch)
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: 6.26 (unch)
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: 6.26 (unch)
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: 130.19 (+1.19), RDN: 11.73 (+0.04), AIZ: 87.94 (+0.41), MTG: 6.26 (unch)
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: 11.73 (+0.04), AIZ: 87.94 (+0.41), MET: 40.48 (-0.28), MTG: 6.26 (unch)
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: 11.73 (+0.04), AIZ: 87.94 (+0.41), PRU: 73.10 (-0.39), MTG: 6.26 (unch)
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: 17.99 (-0.10), AIG: 53.81 (-0.05), MTG: 6.26 (unch), GNW: 2.75 (-0.03)
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: 11.73 (+0.04), AIZ: 87.94 (+0.41), MTG: 6.26 (unch), GNW: 2.75 (-0.03)
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: 6.26 (unch)
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: 11.73 (+0.04), AIZ: 87.94 (+0.41), CNO: 17.99 (-0.10), MTG: 6.26 (unch)
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: 11.73 (+0.04), AIZ: 87.94 (+0.41), CNO: 17.99 (-0.10), MTG: 6.26 (unch)