In a report released yesterday, Bose George from KBW maintained a Hold rating on MGIC Investment (MTG – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $20.55.
According to TipRanks, George is a top 100 analyst with an average return of 14.5% and a 71.47% success rate. George covers the Financial sector, focusing on stocks such as First American Financial, Stewart Information Services, and Fidelity National Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MGIC Investment with a $23.25 average price target.
The company has a one-year high of $22.43 and a one-year low of $13.61. Currently, MGIC Investment has an average volume of 2.19M.
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MGIC Investment (MTG) Company Description:
MGIC Investment Corp. is a private mortgage insurer that serves lenders throughout the United States, and Puerto Rico. It also provides lenders with underwriting and other services and products related to home mortgage lending through its subsidiaries, such as Mortgage Guaranty Insurance Corp. and MGIC Indemnity Corp. The company was founded by Max Karl in 1957 and is headquartered in Milwaukee, WI.
Read More on MTG:
- MGIC Investment Corporation Reports First Quarter 2024 Results
- MTG Earnings this Week: How Will it Perform?
- MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per Share
- MGIC Investment downgraded to Market Perform from Outperform at Keefe Bruyette
