Why MGIC Investment Corp, Radian Group, Essent Group, and NMI Holdings Stock Plunged on Monday [The Motley Fool]
MGIC Investment Corporation (MTG)
Last mgic investment corporation earnings: 2/4 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
mtg.mgic.com/investor-overview
Company Research
Source: The Motley Fool
Aggressive pricing moves put mortgage insurance stocks deep in the red on Monday. Jordan Wathen ( TMFValueMagnet ) Apr 9, 2018 at 1:48PM A boon from lower corporate taxes is turning into a bust for the mortgage insurance industry. The industry's largest companies including MGIC Investment Corp ( NYSE:MTG ) , Radian Group ( NYSE:RDN ) , Essent Group ( NYSE:ESNT ) , and NMI Holdings ( NASDAQ:NMIH ) are all down by more than 14% as of 1 p.m. EDT Monday. In a bid to gain market share, MGIC Investment Corp. announced it would slash the premiums it charges to insure certain borrowers. It will be most aggressive with price cuts for borrowers with lower credit scores, where premiums will be cut by as much as 24%. Prices for higher-quality borrowers will be reduced by a smaller degree, by about 11% on average. Competition bites Private
Show less
Read more
Impact Snapshot
Event Time:
MTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTG alerts
High impacting MGIC Investment Corporation news events
Weekly update
A roundup of the hottest topics
MTG
News
- MGIC Investment Co. (NYSE: MTG) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $24.00 price target on the stock, up previously from $23.50.MarketBeat
- MGIC Investment Corporation Schedules 1st Quarter 2024 Earnings CallPR Newswire
- MGIC Investment (MTG) Up 62.6% in a Year: More Room to Run? [Yahoo! Finance]Yahoo! Finance
- ICE Launches Mortgage Insurance Center for Encompass Digital Lending Platform with Integrations to All Major MI Providers [Yahoo! Finance]Yahoo! Finance
- MGIC (MTG) Stock Jumps 5.7%: Will It Continue to Soar? [Yahoo! Finance]Yahoo! Finance
MTG
Earnings
- 1/31/24 - Beat
MTG
Sec Filings
- 4/3/24 - Form 4
- 3/22/24 - Form DEF
- 3/22/24 - Form ARS
- MTG's page on the SEC website