Headquartered in Milwaukee, WI·Fiscal year ends December·NYSE: MTG·mgic.com
About MGIC Investment
MGIC Investment Corporation, through its principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC), provides private mortgage insurance solutions that support credit risk management for mortgage lenders and investors. The company enables borrowers to qualify for mortgages with lower down payments by insuring lenders against default losses. MGIC is the founder of today's private mortgage insurance industry and serves lenders across the United States. The company's insurance in force portfolio totals approximately $304.8 billion covering over 1.1 million loans. MGIC utilizes quota share and excess-of-loss reinsurance arrangements to manage risk and capital. The company's primary customers are mortgage lenders, and its business is closely tied to U.S. housing market conditions, mortgage origination volumes, and the requirements of Fannie Mae and Freddie Mac (the GSEs). Updated
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Friday's top analyst upgrades and downgrades included American Express, Aptiv, BorgWarner, First Horizon, Keurig Dr Pepper, Meta Platforms, MGIC Investment, Simon Property Group and Teva Pharmaceutical Industries.
Wednesday's top analyst upgrades and downgrades included Antero Resources, Array Technologies, Bumble, Chewy, EQT, LendingClub, Match, MGIC Investment, Nasdaq, New York Community Bancorp, Palo Alto Networks, Radian, Range Resources, Spotify Technology and Welltower.
Wednesday's top analyst upgrades and downgrades included Alexion Pharmaceuticals, Amazon.com, Diageo, eBay, Etsy, Home Depot, MGIC Investment, Netflix, Sirius XM and Vir Biotechnology.
Tuesday's top analyst upgrades and downgrades included Avaya, Biogen, Broadcom, Chevron, Domino's Pizza, eBay, MGIC Investment, RealReal, Sprout Social, T-Mobile, Zoom Video Communications and Zynga.
The Russell indexes are rebalanced each year, and the latest preliminary rebalance was announced recently. These changes create many inflows and outflows of shares from funds.
The top analyst upgrades, downgrades and other research calls from Thursday include Adtran, Alcoa, Clorox, Kinder Morgan, Lam Research, MGIC, Sprint and Walmart.
The top analyst upgrades, downgrades and other research calls from Wednesday include Alcoa, Extreme Networks, Gilead Sciences, MGIC, Micron, Noble Energy, Twitter, U.S. Steel and Wendy's
The top analyst upgrades, downgrades and initiations seen on Monday morning include Continental Resources, Freeport-McMoRan, Groupon, JPMorgan, Linear Tech, Marathon Oil and PNC Financial.
MGIC Investment Corporation, through its principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC), provides private mortgage insurance solutions that support credit risk management for mortgage lenders and investors.
What is the MTG stock price target?
24/7 Wall St.'s 12-month price target for MTG is $33.12, rated Buy. The Wall Street consensus target is $31.40. MTG price prediction →