MGIC Investment Corp. (MTG) belonging to the Finance sector has surged 0.28% and closed its last trading session at $10.78.
The company reported its EPS on 01/19/2017. Currently, the stock has a 1 Year Price Target of $11.94.
The consensus recommendation, according to Zacks Investment research, is 1.5. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.
The Stock had a 1.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.43 and 1.71 respectively.
MGIC Investment Corp. on 01/19/2017 reported its EPS as $0.28 with the analysts projecting the EPS of the stock as $0.22. The company beat the analyst EPS Estimate with the difference of $0.06. This shows a surprise factor of 27.3%.
Many analysts have provided their estimated foresights on MGIC Investment Corp. Earnings, with 12 analysts believing the company would generate an Average Estimate of $0.24.
Whereas they predicted High and Low Earnings Estimate as $0.25 and $0.22 respectively. While in the same Quarter Previous year, the Actual EPS was $0.17.
Analysts are also projecting an Average Revenue Estimate for MGIC Investment Corp. as $266.7 Million in the Current Quarter. This estimate is provided by 6 analysts.
The High Revenue estimate is predicted as 274.4 Million, while the Low Revenue Estimate prediction stands at 252.18 Million. The company’s last year sales total was 258.58 Million.
For the Current Quarter, the growth estimate for MGIC Investment Corp. is 41.2%, while for the Next Quarter the stock growth estimate is -3.8%.
In the past 5 years, the stock showed growth of 60.52% per annum. While for the next 5 years, the growth estimate is 8.39%.
The Company got Initiated by BofA/Merrill on 17-Oct-16 to Buy.
Insider Trades for MGIC Investment Corp. show that the latest trade was made on 3 Mar 2017 where Chi Gregory A, the Chief Technology Officer completed a transaction type “Sell” in which 40 shares were traded at a price of $10.66.
2 Insider Sales transactions were made totaling 85000 shares traded.
9 analysts projected Price Targets for MGIC Investment Corp.. The analysts believe that the company stock price could grow as high as $13. The Low Price target projection by analysts is $10.5 and the Mean Price Target is $11.94.
MGIC Investment Corp. (MTG) has the market capitalization of $3.68 Billion. The company rocked its 52-Week High of $11.35 on Feb 14, 2017 and touched its 52-Week Low of $5.36 on Jun 27, 2016.
The stock has Return on Assets (ROA) of 5.9 percent. Return on Equity (ROE) stands at 13.7% and Return on Investment (ROI) of 10.7 percent.
The stock is currently showing YTD performance of 5.79 Percent. The company has Beta Value of 2.42 and ATR value of 0.21. The Weekly and Monthly Volatility stands at 1.95% and 2.01%.