MGIC Investment Corp

NYSE: MTG
$20.55
+$0.27 (+1.3%)
Closing price May 1, 2024
MGIC Investment Corp specializes in providing private mortgage insurance and a range of mortgage credit risk management solutions. Founded in 1957 and based in Milwaukee, Wisconsin, it supports lenders by offering protection against defaults on individual loans. This includes covering unpaid loan principal and related expenses. MGIC also offers pool insurance for mortgage transactions in the secondary market, along with underwriting services and reinsurance. Its clients range from mortgage brokers to commercial banks and other lending institutions across the United States, including Puerto Rico and Guam.
2011 has been an incredibly choppy year, the economy is flirting between snail-paced growth and recession, and many companies and entire sectors are experiencing some severe business pressures or...
MGIC Investment Corporation (NYSE: MTG) is one of the troubled mortgage insurers which we routinely worry about for both viability and relevance.  This morning’s earnings report does nothing to...
The world of mortgage insurers is not looking too hot after MGIC Investment Corp. (NYSE: MTG) gave its earnings report this morning.  The largest insurer for conventional mortgages reported a loss...
Bank of America Corporation (NYSE: BAC) may have more exposure than the rest of the money center banks due to its acquisition of Countrywide, and the spate of news about disclosure documents and...
MGIC Investment Corp. (NYSE: MTG) managed the ultimate surprise… it made money after almost 3 straight years of quarterly losses.  The private mortgage insurance company reported a second quarter...
Many stocks are on the move this morning.  Some of the top movers are tied to earnings news, although some of the day trader and active trader alerts are moving on other news.  The top day trader...
These are some of the key research calls from this Thursday’s analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Adobe Systems Inc. (NASDAQ: ADBE) Reiterated...
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one...
MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99. Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of $43.19. Gibraltar...
MGIC Investment (MTG) Worries about mortgage defaults. Drops to $.93 from $15.Johnson Controls (JCI)  Moody’s downgrade. Off to $8.35 from 52-week high of $36.49.Comtech Telecommunications...
MBIA Inc. (NYSE: MBI) is set to report earnings Tuesday,  before the market opens.  As the market has slid further, this troubled “guarantor” has gone with it and has again hit new...
MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94. US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel bill could move...
These are not the only calls that will be impacting stocks, but these are the initial calls that 247WallSt.com is focusing on this Monday morning: Caterpillar (NYSE: CAT) Cut to Neutral from...
Maguire (MPG) Possible sale of the company fails. Shares sell down to $12.42 from 52-week high of $38.08. MGIC (MTG) Company closes common stock offering, dilution. Stock off to $9.60 from 52-week...