Equities Analysts Set Expectations for MGIC Investment Corporation's FY2017 Earnings (MTG)

Lloyd Doyle
October 13, 2017

MGIC Investment Corporation is a holding company. As per Tuesday, August 25, the company rating was maintained by M Partners. They now have a Dollars 12.5 price target on the stock. About 1.61 million shares traded. MGIC Investment Corp. (NYSE:MTG) has risen 60.12% since October 12, 2016 and is uptrending. It has outperformed by 43.42% the S&P500. ENR's SI was 8.12 million shares in October as released by FINRA. Short interest fell 1,415,010 over that timeframe.

About 199,277 shares traded. It has outperformed by 10.26% the S&P500. (NYSE:MTG), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 15% are positive. Finally, Keefe, Bruyette & Woods reaffirmed a "buy" rating and set a $13.00 price objective on shares of MGIC Investment Corporation in a research report on Thursday, August 31st. The firm has "Buy" rating by Bank of America given on Monday, October 17. M Partners has "Buy" rating and $10 target. They now have a United States dollars 14 price target on the stock. FBR Capital upgraded the shares of AYR in report on Friday, February 12 to "Outperform" rating. The firm earned "Equal-Weight" rating on Wednesday, April 19 by Morgan Stanley. (NYSE:MTG) on Monday, December 12 to "Buy" rating. The company's revenue was down.1% on a year-over-year basis. The company has market cap of $125.53 billion. The Firm is a designer and marketer of automotive fragrance and appearance products. It has a 29.81 P/E ratio. It operates through four geographic divisions: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa, and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand. Its down Infinity, from Infinity in 2017Q1. (NYSE:MTG), 7 have Buy rating, 0 Sell and 2 Hold. Eqis Capital Management Inc reported 24,303 shares. Quantbot Techs Limited Partnership holds 0.01% or 3,504 shares in its portfolio. Clearbridge Investments Ltd Liability Com owns 13,592 shares or 0% of their U.S. portfolio. It also upped Live Nation Entertainment In (NYSE:LYV) stake by 26,500 shares and now owns 42,055 shares. Xenia Hotels & Resorts Inc was reduced too.

02/13/2017 - MGIC Investment Corporation had its "outperform" rating reiterated by analysts at FBR Capital Markets. Therefore 78% are positive. This was disclosed in analysts report on Wednesday, 11 October. The stock has "Buy" rating by Deutsche Bank on Friday, July 21.

The stock of MGIC Investment Corp. (NYSE:MTG) rating on Thursday, January 21. Credit Suisse maintained the stock with "Neutral" rating in Monday, May 2 report. (NYSE:MTG) on Friday, October 16 with "Mkt Perform" rating. The stock of Supernus Pharmaceuticals Inc (NASDAQ:SUPN) has "Hold" rating given on Tuesday, September 19 by Stifel Nicolaus. The company was upgraded on Wednesday, August 30 by HSBC. The stock has "Buy" rating by FBR Capital on Thursday, July 20.

The rating of MGIC Investment (NYSE:MTG) shares were maintained by research analysts at Compass Point. Comerica Bank boosted its stake in MGIC Investment Corporation by 8.8% in the 2nd quarter. (NYSE:MTG) to report earnings on October, 17. During the same quarter in the prior year, the business earned $0.26 earnings per share. MTG's profit will be $96.28 million for 12.05 P/E if the $0.26 EPS becomes a reality.

Investors sentiment increased to 1.32 in Q2 2017. Gotham Asset Management LLC boosted its stake in MGIC Investment Corporation by 0.9% in the 1st quarter. It dived, as 34 investors sold MTG shares while 85 reduced holdings. 321.13 million shares or 5.08% more from 305.62 million shares in 2017Q1 were reported. World Asset Management Inc now owns 13,375 shares of the insurance provider's stock valued at $150,000 after purchasing an additional 1,218 shares during the period. Strs Ohio accumulated 117,300 shares or 0.01% of the stock. Fiera Capital Corp boosted its stake in MGIC Investment Corporation by 3.6% in the 2nd quarter. (NYSE:MTG) for 2.50 million shares.

Broadview Advisors Llc, which manages about $1.12 billion and $676.01 million US Long portfolio, decreased its stake in Exact Sciences Corp (NASDAQ:EXAS) by 440,420 shares to 99,629 shares, valued at $3.52 million in 2017Q2, according to the filing. Ubs Asset Americas stated it has 40,204 shares. (NYSE:MTG). Engineers Gate Manager LP has invested 0.12% of its portfolio in MGIC Investment Corp. (NYSE:MTG). Cim Investment Mangement accumulated 37,567 shares. Georgia-based Herndon Cap has invested 0% in MGIC Investment Corp. (NYSE:MTG) for 77,553 shares.

03/24/2015 - MGIC Investment Corporation was downgraded to "hold" by analysts at Zacks. Schroder Gru reported 646,760 shares. (NYSE:MTG). Barclays Public Limited has 0% invested in MGIC Investment Corp. (NYSE:MTG). Teacher Retirement System Of Texas holds 0% or 27,369 shares.

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