MGIC Investment Corporation Reports Third Quarter 2018 Results

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Go back to MGIC Investment Corporation Reports Third Quarter 2018 Results

MGIC Investment (MTG) PT Raised to $14 at RBC Capital

October 18, 2018 6:42 AM EDT

RBC Capital analyst Mark Dwelle raised the price target on MGIC Investment (NYSE: MTG) to $14.00 (from $13.00) while maintaining a Sector Perform rating following another strong quarter driven by more reserve releases.

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MGIC Investment (MTG) Tops Q3 EPS by 12c, Revenues Beat

October 17, 2018 6:46 AM EDT

MGIC Investment (NYSE: MTG) reported Q3 EPS of $0.48, $0.12 better than the analyst estimate of $0.36. Revenue for the quarter came in at $290.4 million versus the consensus estimate of $274.42 million.

Patrick Sinks, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC"), said,... More