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Mgic Investment Corporation (MTG) [hlAlert]

down 8.46 %

Mgic Investment Corporation (MTG) rated Outperform by Keefe Bruyette

Posted on: Tuesday,  Nov 5, 2013  8:25 AM ET by Keefe Bruyette

Keefe Bruyette rated Outperform Mgic Investment Corporation (NYSE: MTG) on 11/05/2013. Previously Keefe Bruyette rated Outperform Mgic Investment Corporation (NYSE: MTG) on
04/22/2010., when the stock price was $11.46. Since then, Mgic Investment Corporation has lost 8.46% as of 01/21/2016's recent price of $10.49.
If you would have followed the previous Keefe Bruyette's recommendation on MTG, you would have lost 8.46% of your investment in 2100 days.

MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunitiesby enabling people to purchase homes with less than 20% down payments. If the home owner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution.

KBW produces industry-leading research on more financial services companies than any other brokerage firm. Our Research Group follows the majority of the financial services companies in the S&P 500 and Dow Jones STOXX 600 Index, as well as hundreds of other U.S. and European financial services companies on a daily basis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -0.12 %
1 Month up  6.00 %
3 Months up  14.95 %
1 YTD up  212.03 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/22/2010 8:25 AM Buy
11.46 15.00
7/31/2007 11:25 AM Hold

(*) Stock Price at the time of the recommendation.
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