Here's Why Hold Strategy is Apt for MGIC Investment (MTG)

MGIC Investment Corporation's (MTG) solid insurance in force, a decline in loss and claims payments, lower delinquency, better housing market fundamentals and prudent capital deployment make it worth retaining in one's portfolio. The Zacks Consensus Estimate for MGIC Investment's 2024 revenues is pegged at $1.22 billion, implying a year-over-year improvement of 4.7%. The consensus estimate for 2025 earnings per share and revenues indicates an increase of 3.3% and 4.8%, respectively, from the corresponding 2 ...