MGIC Investment Corporation Reports Second Quarter 2018 Results

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MGIC Investment (MTG) PT Raised to $13 at RBC Capital

July 19, 2018 7:27 AM EDT

RBC Capital raised its price target on MGIC Investment (NYSE: MTG) to $13.00 (from $12.00) while maintaining a Sector Perform rating.

Analyst Mark Dwelle noted a more upbeat quarter with management noting a decline in pricing pressure and a very strong credit environment though no guidance changes were offered.

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MGIC Investment (MTG) Tops Q2 EPS by 13c

July 18, 2018 6:47 AM EDT

MGIC Investment (NYSE: MTG) reported Q2 EPS of $0.49, $0.13 better than the analyst estimate of $0.36. Revenue for the quarter came in at $282 million versus the consensus estimate of $270.47 million.

For earnings history and earnings-related data on MGIC Investment (MTG) click here.

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