MTG Stock Near 52-Week High: A Signal for Investors to Hold Tight?

Key Takeaways MTG is growing its insurance-in-force portfolio through strong new business and solid annual persistency. MTG enhances its capital position through capital contributions, reinsurance deals, and solid cash reserves. Growth drivers include higher premiums, excellent credit quality, and continued new business momentum. Shares of MGIC Investment Corporation (MTG) closed at $27.75 on Thursday, near its 52-week high of $29.01. This proximity underscores investor confidence. It has the ingredients fo ...