×
-0.000923787528868341 0.00138568129330243 0.00230946882217077 0 -0.000461893764434252 -0.015242494226328 -0.0189376443418014 -0.0189376443418014
Stockreport

Why MGIC Investment Corp, Radian Group, Essent Group, and NMI Holdings Stock Plunged on Monday [The Motley Fool]

MGIC Investment Corp (MTG)  More Company Research Source: The Motley Fool
Last mgic investment corp earnings: 10/17 06:45 am Check Earnings Report
US:NYSE Investor Relations: mtg.mgic.com/investor-overview
PDF 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 [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 (SHARES)
TICKS

AVG SHARES PER TRADE

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
Opt-in for
MTG alerts
from News Quantified
Opt-in for
MTG alerts

from News Quantified
Opt-in for
MTG alerts

from News Quantified