News stories about MGIC Investment (NYSE:MTG) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MGIC Investment earned a news impact score of 0.19 on Accern’s scale. Accern also gave news headlines about the insurance provider an impact score of 45.97345961286 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
MGIC Investment (NYSE MTG) traded up $0.12 on Monday, hitting $14.92. 2,410,000 shares of the stock were exchanged, compared to its average volume of 2,820,000. MGIC Investment has a one year low of $9.68 and a one year high of $15.64. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.27. The firm has a market cap of $5,530.00, a P/E ratio of 12.13, a P/E/G ratio of 1.44 and a beta of 2.25.
MGIC Investment (NYSE:MTG) last issued its quarterly earnings data on Wednesday, October 18th. The insurance provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.06. The business had revenue of $270.30 million during the quarter, compared to analyst estimates of $267.85 million. MGIC Investment had a net margin of 41.08% and a return on equity of 16.41%. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the business earned $0.14 EPS. equities analysts predict that MGIC Investment will post 1.21 earnings per share for the current fiscal year.
TRADEMARK VIOLATION WARNING: “MGIC Investment (MTG) Receives Daily Media Sentiment Score of 0.19” was first reported by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://sportsperspectives.com/2017/12/19/mgic-investment-mtg-receives-daily-media-sentiment-score-of-0-19.html.
MGIC Investment Company Profile
MGIC Investment Corporation is a holding company. The Company, through its subsidiaries, provides private mortgage insurance and ancillary services. The Company provides mortgage insurance to lenders throughout the United States and to government-sponsored entities to protect against loss from defaults on low down payment residential mortgage loans.
Receive News & Ratings for MGIC Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MGIC Investment and related companies with MarketBeat.com's FREE daily email newsletter.