MGIC Investment Corp. (NYSE:MTG)

Zacks Rank 3-Hold, Recommend Neytral, Industry Rank 16 / 265, Avg target of 4 analysts 6.50
- Short Interest Ratio: 17.90 %
- Est Revision Ratio: Up 9 vs 13 Down

House Recovery

Housing rebound will help mortgage insurers.

Part of a test of which site provides better recommendations.

Aside from that this is trading below book value and the charts look like very bottomy to me. Insider trading is also bullish, IMO.

Rock-solid management and conservative budgeting will result in dramatic improvement in the bottom line within 18 to 24 months.

The refinancing industry will be doing very well in the near future and this company is positioned well.

Beaten up stock with some rebound built in

This company will really conquer the S&P 500 performance. This weeks for sure.

A1R/2dDN

I'm getting crushed on this for my score, but the data just isn't there for me to change my mind. MGIC deferred their interest payment from Oct 1, 2012 to 2022. It's their right, as it's part of the terms of their debt contract... and perhaps it will help them with FCF and growth out of the housing downturn.

Or, perhaps it's a sign that they just don't have any money to pay their creditors, and they're going to string it out as long as possible and pray for a miracle.

Keep an eye on their risk-to-capital ratio too. They posted a $272M loss in Q2, and at the end of the quarter, that risk-to-capital number stood at 30-1. There's a statutory max of 25-1, so we'll see how things play out in Q3. I remain skeptical that Q3 will bear fruit for MGIC.

stock spam

Bad earnings, sliding sentiment.

MLGTrader haiku (usually its best to bet risky builders vs value builder stocks)

rebounding housing

insurance makes piles of cash

Buffett would be proud

MGIC Investment Corp. (MTG)
The Company through its wholly owned subsidiary Mortgage Guaranty Insurance Corporation provides private mortgage insurance in the United States to the home mortgage lending industry.

MTG is down 34% from its 52W high, but up approx. 500% from its March 2009 low.
Definitely, my kind of value play.
Love the way MTG's chart looks like.
Did I mention MTG is up 500% from its March 2009 low?

A lot of housing is going to be sold

Looking for a breakout

it is run by a good group of executives who already are trying to put the company back on its feet.

With housing bottoming watch out for this one up up up it goes

Because so many think it will fail, it will succeed. Price target: $3.69