MGIC Investment (MTG) Tops Q3 EPS by 8c

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Go back to MGIC Investment (MTG) Tops Q3 EPS by 8c

Compass Point Reiterates Buy on MGIC Investment (MTG) Following 3Q15 EPS Beat

October 16, 2015 9:11 AM EDT

Compass Point reiterated a Buy rating and $13.00 price target on MGIC Investment (NYSE: MTG) following the company's 3Q15 earnings results. 3Q15 EPS of $0.29 beat consensus of $0.21. The beat was driven by stronger than expected earned premiums and a lower loss provision.

Analyst Amy DeBone commented, "We reiterate our Buy rating and $13.00 price target following 3Q15 results. EPS of $0.29 beat our... More