MTG News and Press, MGIC Investment Corporation From 01/17/23

Despite all of the turmoil caused by the pandemic and its lingering aftermath, the U.S. consumer is in pretty good shape. Incomes are rising, and lenders are reporting that loan delinquencies remain below pre-pandemic levels. That said, as the Federal Reserve has hiked interest rates over the pas...

Summary MGIC Investment Corporation is one of the leading mortgage insurance companies in the United States. The stock trades at just 84% of book, pays a 3.14% dividend and is buying back stock strategically while reducing debt. Losses are likely to increase, but the company has con...

MGIC Investment Corporation Schedules 4th Quarter 2022 Earnings Call PR Newswire MILWAUKEE , Jan. 3, 2023 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its fourth quarter 2022 financial results after the market closes on ...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in ...

Summary I review 9 important parts of the economy currently showing signs of slowing inflation or deflation. Business costs (PPI) have been declining, a leading indicator of the CPI. Two investment ideas in my housing and consumer finance area of expertise are AGNC and mortgage insu...

MGIC Announces Partnership with Vesta PR Newswire MGIC MI Rate Quotes and MI Ordering Now Available Through Vesta LOS MILWAUKEE, Wis. , Dec. 8, 2022 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation ( MGIC ), the principal subsidiary of MGIC In...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Summary MGIC just delivered a terrific Q3. MGIC is well protected against a recession by excellent underwriting standards, active use of reinsurance and a US housing shortage. MGIC's capital-light operating strategy has allowed the company to reward shareholders with lots of c...

MGIC Investment Corporation (MTG) Q3 2022 Earnings Conference Call November 3, 2022 10:00 ET Company Participants Dianna Higgins - Head, Investor Relations Tim Mattke - Chief Executive Officer Nathan Colson - Chief Financial Officer Conference Call Particip...

MGIC Investment press release ( NYSE: MTG ): Q3 Non-GAAP EPS of $0.86 beats by $0.33 . Revenue of $292.8M (-1.0% Y/Y) misses by $5.71M . The loss ratio for the third quarter of 2022 was (41.7)%, compared with (38.7)% for the second quarter of 2022 and 8.1% for ...