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Why MGIC Investment (MTG) is a Top Dividend Stock for Your Portfolio
ZACKS· 2025-07-11 16:45
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a me ...
MKL Stock Trading at a Discount to Industry at 1.53X: Time to Hold?
ZACKS· 2025-07-11 15:20
Key Takeaways MKL pursues strategic acquisitions to boost insurance operations and grow Markel Ventures' revenues. MKL maintains a strong capital position and robust cash reserves, ensuring financial flexibility. MKL shares have risen 26.7% in the past year compared with the industry's growth of 6.1%.Markel Group Inc. (MKL) shares are trading at a discount compared with the Zacks Diversified Operations industry. Its price-to-book ratio of 1.53X is lower than the industry average of 7.08X, the Finance sect ...
BROAD ARROW ANNOUNCES INAUGURAL LAS VEGAS AUCTION IN PARTNERSHIP WITH CONCOURS AT WYNN LAS VEGAS
Globenewswire· 2025-07-11 15:10
APPROXIMATELY 70 EXCEPTIONAL COLLECTOR CARS WILL BE AUCTIONED ON OCTOBER 31 AT WYNN LAS VEGAS An iconic scene from the 2023 Concours at Wynn Las Vegas Credit - Courtesy of Concours at Wynn Las Vegas Best of Show winners at the 2024 Concours at Wynn Las Vegas Credit - Courtesy of Concours at Wynn Las Vegas Grosse Pointe, Michigan, July 11, 2025 (GLOBE NEWSWIRE) -- GROSSE POINTE, Michigan (July 11, 2025) – Broad Arrow Auctions, a Hagerty (NYSE: HGTY) company, adds to its growing fall auction calendar w ...
Online influencer calls out insurance company for denial of coverage
NBC News· 2025-07-11 04:45
A lot of people told me that my mosaic stairs would crack over the winter. And do-it-yourself influencer Aurora McCauslin posts a lot of videos to her 300,000 followers. Holiday cookie boxes.Okay. But this one calling out a denial from her insurance provider caught our attention. I got the prior authorization from my insurance company denied today.I got Aurora explaining she has a chronic inflammatory condition called lipadeema and needs a surgery that costs $35,000. her frustration with the insurance she h ...
Midland States Bancorp, Inc. to Announce Second Quarter 2025 Financial Results on Thursday, July 24
Globenewswire· 2025-07-10 20:30
Financial Results Announcement - Midland States Bancorp, Inc. will issue its second quarter 2025 financial results after market close on July 24, 2025 [1] - An investor presentation will accompany the financial results and will be available on the company's investor relations website [1] Company Overview - Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois [2] - The company is the sole shareholder of Midland States Bank and had total assets of approximately $7.28 billion as of March 31, 2025 [2] - The Wealth Management Group of the company had assets under administration of approximately $4.10 billion [2] - The company offers a full range of commercial and consumer banking products and services, including business equipment financing, merchant credit card services, trust and investment management, insurance, and financial planning services [2]
Enact to Host Second Quarter 2025 Earnings Call July 31st
Globenewswire· 2025-07-10 20:20
RALEIGH, N.C., July 10, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced it will issue its second quarter earnings release after the market closes on July 30, 2025. Enact will host a conference call to review second quarter 2025 financial results on July 31, 2025 at 8:00 a.m. (ET). Enact’s earnings release, summary presentation and financial supplement will be available through the company's website, https://ir.enactmi.com/, at the time of their release to the public. Participan ...
CNC BREAKING CLASS ACTION: Centene Corporation has been Sued for Securities Fraud; Investors with Losses are Notified to Contact BFA Law by September 8 Court Deadline (NYSE:CNC)
GlobeNewswire News Room· 2025-07-10 19:38
Core Viewpoint - A lawsuit has been filed against Centene Corporation and its senior executives for potential violations of federal securities laws, following significant discrepancies between the company's financial guidance and actual market conditions [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, titled Lunstrum v. Centene Corporation, et al., No. 25-cv-05659, with investors having until September 8, 2025, to seek lead plaintiff status [2]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Centene securities [2]. Group 2: Company Background - Centene Corporation is a healthcare company that provides services to consumers enrolled in government-sponsored healthcare programs such as Medicaid and Medicare, as well as those purchasing insurance under the Affordable Care Act [3]. Group 3: Financial Guidance and Market Conditions - On December 12, 2024, Centene announced financial guidance for fiscal year 2025, claiming stability in earnings despite challenges [4]. - The company subsequently increased its 2025 guidance on February 4, 2025, citing enrollment overperformance, and again on April 25, 2025, due to strong growth in enrollment and retention [4]. - However, the actual market conditions revealed lower than expected enrollment growth and increased morbidity rates in the majority of the states Centene serves [4]. Group 4: Stock Performance - On July 1, 2025, Centene withdrew its previous guidance after an independent actuarial report indicated that market growth in 22 of the 29 states was lower than expected, leading to a significant stock price drop of $22.87 per share, or over 40%, from $56.65 to $33.78 [5].
PRU Stock Trading at a Discount to Industry at 7.47X: Time to Buy?
ZACKS· 2025-07-10 17:20
Key Takeaways PRU shares fell 10.1% in a year, underperforming the industry, sector, and SPrudential Financial Inc. (PRU) shares are trading at a discount compared to the Zacks Multi-line Insurance industry. Its forward price to forward 12-month earnings of 7.47X is lower than the industry average of 8.85X, the Finance sector’s 16.72X and the Zacks S&P 500 Composite’s 22.52X. The multi-line insurer has a Value Score of A.Shares of other insurers like Horace Mann Educators Corporation (HMN) and EverQuote, In ...
GWRE Stock Rises 36% in 6 Months: Stay Invested or Book Profits?
ZACKS· 2025-07-10 15:25
Key Takeaways GWRE rose 36% in 6 months, driven by cloud platform demand and strong deal activity. Guidewire closed 17 cloud-related deals in Q3, including major wins with Tier 1 and Tier 2 insurers. Rising expenses and premium valuation temper near-term upside for GWRE.Guidewire Software (GWRE) stock has appreciated 36.4% in the past six months, significantly outperforming the Zacks Internet Software industry's growth of 17.3%. San Mateo, CA-based Guidewire is a provider of software solutions for propert ...
DEADLINE TOMORROW: Berger Montague Advises Elevance Health (NYSE: ELV) Investors to Contact the Firm Before July 11, 2025
Prnewswire· 2025-07-10 15:19
PHILADELPHIA, July 10, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Elevance Health, Inc. ("Elevance" or the "Company") (NYSE: ELV) on behalf of purchasers of Elevance securities between April 18, 2024 through October 16, 2024, inclusive (the "Class Period").Investor Deadline: Investors who purchased or acquired Elevance securities during the Class Period may, no later than JULY 11, 2025, seek to be appointed as a lead plaintiff repr ...