MGIC Investment Corporation (MTG) is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunities by enabling people to purchase homes with less than 20% down payments. If the home owner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution.
ValuEngine updated its recommendation from BUY to STRONG BUY for MGIC Investment Corp on 2015-03-23. Based on the information we have gathered and our resulting research, we feel that MGIC Investment Corp has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.
Below is today’s data on MTG:
|
Valuation & Rankings |
|||
|
Valuation |
8.23% undervalued |
Valuation Rank |
 74 |
|
1-M Forecast Return |
1.12% |
1-M Forecast Return Rank |
99 |
|
12-M Return |
18.68% |
Momentum Rank |
78 |
|
Sharpe Ratio |
0.05 |
Sharpe Ratio Rank |
50 |
|
5-Y Avg Annual Return |
3.51% |
5-Y Avg Annual Rtn Rank |
55 |
|
Volatility |
74.87% |
Volatility Rank |
23 |
|
Expected EPS Growth |
36.32% |
EPS Growth Rank |
71 |
|
Market Cap (billions) |
3.36 |
Size Rank |
79 |
|
Trailing P/E Ratio |
14.02 |
Trailing P/E Rank |
81 |
|
Forward P/E Ratio |
10.29 |
Forward P/E Ratio Rank |
87 |
|
PEG Ratio |
0.39 |
PEG Ratio Rank |
70 |
|
Price/Sales |
3.56 |
Price/Sales Rank |
28 |
|
Market/Book |
3.24 |
Market/Book Rank |
38 |
|
Beta |
3.50 |
Beta Rank |
2 |
|
Alpha |
-0.41 |
Alpha Rank |
22 |
